Stockholm-based electric boat manufacturer X Shore closes over 50 million dollars in its latest funding round. The round was oversubscribed in a day with the participation of many investors including existing owners, board members, and management alongside the founder and CEO of Swedish battery developer Northvolt, Peter Carlsson. The company is planning to boost production at its […] Read more ›
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Sweden’s startup GOALS has collected 15 million dollars in a seed round led by London-based venture capital Northzone. The round was backed by many new investors including Not Boring Capital and Cassius alongside existing ones, Berliner VC Cherry Ventures, Londoner Moonfire Ventures, Michigan-based Banana Capital. It also attracted many angel investors including Sorare CEO Nicolas Julia, […] Read more ›
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Finnish SaaS startup Book Salon closes 3 million euros in the funding round led by Joint Effects with the participation of its former investor Big Bets VC. The company provides a salon management system developed for hair, beauty, and wellness companies. The system enables users to manage their appointments and working hours and fully automated […] Read more ›
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Copenhagen-based platform Labster has raised 47 million dollars in the new financing tranche sourced from new investors Sofina Group and Pirate Impact, alongside its existing investors including Owl Ventures, Andreessen Horowitz, EduCapital, NPF Technologies, and GGV Capital. This capital tranche saw the participation from Balderton Capital, Northzone, Swisscom Ventures, and David Helgason, founder of Unity […] Read more ›
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Oulu-based developer of IoT alternatives and wireless technologies Haltian has raised 6.6 million euros in the funding round. The round was backed by many investors including Inventure, Nordic Option, Ventic, Tesi (Finnish Industry Investment) alongside other Finnish and Swedish private investors. The Finnish company will use the capital to fuel up its growth and to […] Read more ›
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Stockholm-based VC Creandum invests in its portfolio company lemon.markets, German developer of trading software in a 15 million-euro seed round led by Swiss VC&PE Lakestar and California-based Lightspeed Venture Partners. The round saw participation from System.one and many angel investors alongside Creandum. The funding will enable the company to launch its stock trading API for […] Read more ›
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25-year-old entrepreneur Eirik Jørgensen‘s company Amina has collected 87MNOK (around €9M) to proceed with its vision to accelerate the green shift by offering high-quality, user-friendly EV charging solutions for the mass market. The company was backed by Nysnø, Eviny, Lyse, Momentum, Investore Finans, Futurum, IKM Invest, Velde Holding, and many others in the funding round. […] Read more ›
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Helsinki-based AI-powered shopping helper Upsy has raised 1.2 million euros in seed round led by Gorilla Capital. The round also saw participation from Korpun Siemen, Sijoittaja Pro‘s investor group, several private investors, and Business Finland. The funding will pave the way for its expansion on a global base and feed the development of its product and AI alongside neural […] Read more ›
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Malmö-based startup Minut has raised oversubscribed $14M Series B funding. The round was led by Almaz Capital with the participation of Zenith, Kompas, Verve Ventures, Swiss Immo Lab alongside its existing investors including Karma, SOSV‘s HAX, and KPN Ventures. The company’s sensor powered by AI&ML enables enhancing the guest experience by monitoring noise, motion, occupancy, […] Read more ›
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Tallinn-based payment platform Wert raised 5 million dollars in seed funding led by Londoner Tagus Capital with the participation of Tezos Foundation, VR Ventures, Element Ventures, Digital Horizon, and JDAC. Estonian fintech company’s platform enables users to purchase crypto with the help of its top-up module that can be easily integrated to any mobile application […] Read more ›
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GoalProfit, the company with its offices in Finland and US, has come up with the world’s first low code retail optimization platform and closed a remarkable amount in the pre-seed funding round. The round attracted many business angels including Ali Omar, Henry Nilert, Pekka Ylitalo, Stas Baranov, and a U.S-based VC YellowRockets. The company founded […] Read more ›
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Aarhus-based financial software developer Anyday offered a new way for “buy now, pay later” services and raised 4 million euros in the seed round. The round was led by Finnish VC Inventure. The Danish company changed the structure of a split payment system and let the stores carry the burden of their potential customers. The […] Read more ›
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Stockholm-based SaaS startup My Telescope has raised 2.5 million euros in a seed funding round. The round was led by Finnish VC Vendep Capital and Estonian VC Trind Ventures. The company’s platform, thanks to real-time Share of Search data, enables users to monitor market trends and be up to date about their brand strength and […] Read more ›
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Swedish insurance tracking platform Insurely raised 19 million euros in the Series A funding round led by New York-based PE & VC Insight Partners with the participation of Stockholm-based venture capital firm Alfvén & Didrikson alongside the company’s existing investors. The company offers real-time data-driven user-friendly solutions by combining open API architectures inserted in insurance […] Read more ›
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The largest payment processor in the world, Visa just completed its acquisition of Tink, a Swedish open banking platform. This transaction will enable Visa and Tink to combine the forces to offer their customers a high-performance experience by promising high financial control power. Tink, which currently offers smart financial services to its customers, will be […] Read more ›
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Swedish fintech company ArK Kapital secured 165 million euros in seed funding led by Local Globe with the participation of Creandum. The round also attracted some angel investors including Hjalmar Winbladh the founding partner of EQT Ventures, Jacob de Geer the founder of iZettle and Supercell CEO Ilkka Paananen. Stockholm-based startup ArK Kapital defines itself […] Read more ›
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Stockholm-based venture capital Creandum invested $60 million Series A in Leapsome, a developer of performance management and employee engagement software in Germany. The round was led by Insight Partners. Alongside Creandum, Visionaries Club also participated in the round. The platform is targeting to secure its position in the American market while increasing employee performance and […] Read more ›
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Estonian proptech startup EvoEstate is merging with InRento, the EU’s first licensed buy-to-let investment platform. After this merger, Lithuanian company InRento is planning to move faster in real estate business and capture more glances from many other investors around the world. By joining the forces, EvoEstate’s existing and prospective investors will be able to invest […] Read more ›
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Helsinki-based mobility-as-a-service operator MaaS Global has acquired Quicko, a mobility-as-a-service startup in Brazil. The Finnish company is also the developer of Whim app, which enables users to plan, book, and pay with access to various city transport services in one app. Whim and Quicko meet on the same ground considering their mission to revolutionalize the […] Read more ›
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Since the Russia-Ukraine war has intensified, there has been a concern on the agenda of the grapevine: Is the war adversely affecting Finnish investors and entrepreneurs? According to the Finnish PE & VC Market Pulse Survey conducted by Tesi (Finnish Industry Investment) and FVCA (Finnish Venture Capital Association) between 11 and 18 March 2022, the […] Read more ›
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23.12.2025 13:01
Last update: 12:50 EDT.
News rating updated: 19:52.
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