Porvoo-headquartered SEATOM has been selected for NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA) 2026 programme, joining the Operations in Extreme Environments challenge track. The Porvoo-based company, which is developing dual-use nuclear-powered maritime systems, will receive €100,000 in initial contractual funding and take part in DIANA’s six-month accelerator, working with defence stakeholders and test […] Read more ›
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After the founders of FirstSteps retire, Copenhagen-based parent-teacher collaboration platform Famly welcomes the UK-based nursery software company into its family. After this acquisition, nothing will change for the customers. FirstSteps staff will be coming along and the Danish company will lead the way and shoulder all of the heavy liftings of the customers’ data. They will […] Read more ›
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Tallinn’s influencer marketing platform Promoty came to a business arrangement backed by Vivek Bhargava and Vijay Sharma. This joint venture will allow the company to expand to India. CEO of the company, Aleks Koha stated that there is no dominating name for influencer marketing in India and an expectation for growth in the market around […] Read more ›
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Stockholm-based venture capital firm Flat Capital invests around 1.8 million euros in Discord, the well-known online communication platform backed by some leading investors including Dragoneer Investment Group. The Swedish company has 17 companies in its portfolio where the largest holdings are Klarna, Budbee, and Truecaller. The shares bought from some existing owners’ shares of the […] Read more ›
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British investment crowdfunding platform Crowdcube announced that they are expanding in the Nordic region which means an alternative source of capital for startups. One can raise up to 13 million euros from all over Europe. Under new EU regulations, this made a mark for itself as the first-ever in terms of international funding platform, which […] Read more ›
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The world-renowned streaming video-on-demand service Netflix announced that it has acquired Next Games, Finland based company. Netflix decided to buy the game company’s issued and outstanding shares by going up to 65 million euros. The Finnish company had reported sales of around 27.2 million euros in 2020, including 95% of revenue from in-game purchases. Next […] Read more ›
0
The sustainable food technology and waste management company Mycorena has raised 24 million euros in Series A funding round and gained “the largest-ever” badge in terms of Series A funding rounds in Nordics. The foodtech startup’s fungi biotechnology clears its way to create vegan protein for food products in a resource-efficient and sustainable way. The […] Read more ›
1
Gothenburg-based AI-powered accounting software Bokio is bought up by Visma, the Norwegian SaaS-based enterprise software. Bokio enables business owners to run their company with a little help from cloud technologies by giving full control of their purchases and payments via the platform, an all-in-one solution that allows them to get rid of the burden of […] Read more ›
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Stockholm-based international venture firm Creandum announced its new fund worth half a billion dollars. The firm, so far, has an appealing success (1 in 8) judging by its investments that have turned into unicorns Spotify, iZettle, TradeRepublic, Norwegian edtech Kahoot, Swedish fintech Klarna, etc. With this new $500m fund, the Swedish company is planning to […] Read more ›
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Sweden’s foodtech company Nordic SeaFarm has raised 2 million euros in the latest funding round supported by JCE Ventures, Almi Invest, and Kale United to become Europe’s largest producer of plant-based seafood. The Gothenburg-based company, which produces fair-trade seaweed, works with various food chain stakeholders to develop new products and services related to aquaculture in […] Read more ›
0
Dashfactory is a Germany-based country founded in Jena in December 2019. The company is focused on innovation for smart cities and urban mobility, especially for cycling traffic and infastructure planning. Their product Dashbike is a unique cycling dashcam with distance measurement and lots of sensors. It creates geo-referenced video recordings in dangerous situations and thus […] Read more ›
0
Tallinn’s startup company MX Labs announced that it has closed the seed funding round with 2 million dollars. The round was led by Superhero Capital with the participation of SMOK Ventures and Verge HealthTech Fund. The funding will help boost the company’s AI-powered technology for healthcare services that only need a computer or smartphone’s camera. […] Read more ›
0
Espoo-based SaaS Investor Vendep Capital had its final closure landing in 70M€ including European Investment Fund‘s 25 million euro investment. The company has been backing the early-stage software entrepreneurs for quite a while. This last fund will now allow the company to expand and invest in about 20 early-stage SaaS startups from the Nordics and […] Read more ›
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Helsinki-based PE company Vaaka Partners has invested in Bolt.Works, the staffing services company with the revenue up to 78M€. The Finnish technology company has created a digital staffing platform that connects jobs and workers together. Located in 22 different offices across Finland, it reaches 7,600 workers and 1,000 employers in multiple industries, such as construction, […] Read more ›
0
Espoo-based ICT integrator MiNTLY is has received a significant development and growth investment in a share transaction with PE company MB Funds. MiNTLY with €18-million in revenue provides its customers with such services as IT network, information security, and IT infrastructure solutions. With the investment, Helsinki-based company MB Funds will take over the company as […] Read more ›
2
Swedish AI-powered platform Depict.ai has raised 17 million dollars in the Series A funding round led by Tiger Global, with participation from Initialized Capital, EQT Ventures, Y Combinator, and a team of angels. Founded in 2019 by then 17-year-old Oliver Edholm (CEO) and Anton Osika (CTO), the startup company tries to offer a delightful shopping […] Read more ›
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Skärhamn-based startup For Real! Foods has attracted many investors with nutritious and healthy food made from natural ingredients without additives and with a list of ingredients that is easy to understand. The new capital made by PINC (Paulig Incubator) and many other investors will allow the company to expand in Sweden and the rest of […] Read more ›
2
Mārupe-based company MADARA Cosmetics has announced its new startup project called Selfnamed. The company has raised 350K euros to launch the project in the print-on-demand industry. It offers enterprises to start their own business for organic or natural cosmetic products. The platform Selfnamed allows users to customize their logo and design during their ordering process […] Read more ›
0
Tampere-based SaaS startup Medified has announced that it’s acquired by Mindler, Sweden’s leading digital psychology provider. Together with Stockholm-based Mindler, the MedTech company will continue to offer easy-to-approach and new ways for those who are suffering from a mental issue. The aim is to meet the global demand for effective digital solutions in mental health […] Read more ›
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Yourspace Oy is a Helsinki-based company that was originally founded in 2018. However at the time the company had a different direction and it was repurposed in 2021. Basically, the company aims to speed up the decarbonization of heating of buildings. It does that by developing and providing a platform for different real estate stakeholders […] Read more ›
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Oslo-based startup Otovo has completed its fundraise of 30 million euros. The company is is a marketplace for distributed energy installation. It has already successfully launched in seven countries which are Norway, Sweden, France, Spain, Poland, Italy and Germany. This will help the Norwegian startup spread its reputation all around Europe. The company is now […] Read more ›
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Most popular sources
Business Insider
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26% 1 |
The Verge
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20% 17 |
Tom's Hardware
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10% 12 |
Gizmodo
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8% 4 |
Slashdot
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8% 3 |
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23.12.2025 12:24
Last update: 12:15 EDT.
News rating updated: 19:11.
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