Latvia’s startup sector continues to punch above its weight, with high productivity and competitive wages underscoring its growing economic impact. According to the newly published Latvian Startup Report 2025 by the Latvian Startup Association Startin.LV, the country counted 569 active startups by the end of 2025, with the ecosystem generating €610.5 million in turnover in […] 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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Stockholm-based medical mobile application Ella raised over 450 thousand euros (over 4.5MSEK) which brings a total of €1M to the company considering its closure of an investment round in August 2021. The femtech startup is getting ready to launch the first version of the app that may be a guide for women during and after […] Read more ›
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Stockholm-based provider of an app that rewards recycling of all consumer packaging, Bower raised €4.1m in late seed funding led by blq Invest, with the participation of existing investors Almi Invest GreenTech, Verdane Foundation, Orkla Ventures, and some other majors. To date, the company has collected 5 million euros. The Swedish startup is planning to […] Read more ›
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Icelandic gaming studio Arctic Theory raised 2 million dollars in a seed round led by Brunnur Ventures in Reykjavik, Iceland. The company was founded by GÃsli Konráðsson, MatthÃas Guðmundsson, Snorri Sturluson and Jón Bjarni Bjarnason who are also gaming veterans known from CCP Games and EVE Online. However, you may also recognize some of them […] Read more ›
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Oslo-based startup Unleash raises 14 million dollars in the Series A funding round led by Spark Capital with participation from Frontline Ventures, firstminute capital, Alliance Venture, and Arkwright X. The open-source feature toggle platform enables clients to experiment by testing multiple variants of the new feature without impacting applications performance. To do so, it allows […] Read more ›
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AI-based shopping platform Blidz announced that it has raised 6 million euros to transform the online shopping experience. General Catalyst and Peak led the round with the participation of D+ Ventures, Fabric Ventures, FJ Labs, and IPR.VC. The platform is designed to provide a refreshing online shopping experience to the user with the help of […] Read more ›
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Espoo-based mobile learning service Funzi raises 3 million euros to stand for lifelong learning and offer a user-friendly low-data-cost platform to any kind of learner, both online and in the traditional education system. The round was led by Finnish and European institutional investors with participation from existing shareholders. The company’s robust technology provides easy access […] Read more ›
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Landfolk, rental services located in Aarhus, raised a big but undisclosed amount in the seed round from Danish PE&VC Heartland. The platform offers services for those who are looking for summerhouses. The company is planning to have over one thousand homes on the platform before the year ends. Danish startup aims to expand in Sweden […] Read more ›
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New York-based Digital Customer Service with its teams in Tallinn and Tartu, Glia is joining the unicorn club after raising 45 million dollars in the Series D round which brings the company’s total funding to 152 million dollars and its valuation to over one billion dollars. The round was led by Insight Partners with the […] Read more ›
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Paulig will invest in its first carbon-neutral production facility Vuosaari roastery to make improvements in packaging lines and palletization modules. This will help them expand capacity and make it efficient alongside enabling the use of recyclable material for coffee packaging. €25M investment in the facility will feed the company’s mission to become carbon neutral by […] Read more ›
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Swedish company Altris secured 9.6 million euros in a Series A funding round for its sodium-ion batteries. The company aims to feed the idea of a sustainable future by providing low-cost and sustainable cathode material for rechargeable batteries by using only renewable materials. Altris Secures €9.6 million in Series A Funding 21 March 2022 Today […] Read more ›
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Lund-based business incubator’s investment company SmiLe Inject Capital invested 2MSEK (around €1.9M) in Call Knut which is the developer of communication software designed to check in the elderly. The AI-powered software is designed to make phone calls and start automated conversations with elderly individuals which allows one to read the receiver’s voice in and detect […] Read more ›
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Lund-based business incubator’s investment company SmiLe Inject Capital invested 2MSEK (around €191K) in Call Knut which is the developer of communication software designed to check in the elderly. The AI-powered software is designed to make phone calls and start automated conversations with elderly individuals which allows one to read the receiver’s voice in and detect […] Read more ›
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Espoo-based developer of machine learning technology aiming to control quantum, QuantrolOx announced its closure at £1.4m in seed funding led by Nielsen Ventures and Hoxton Ventures with the participation of Voima Ventures, Remus Capital, Dr. Hermann Hauser, and Laurent Caraffa. The Finnish company builds machine learning-based software for quantum control that is expected to be […] Read more ›
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11.03.2026 20:47
Last update: 20:36 EDT.
News rating updated: 02:40.
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