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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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 ›
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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 ›
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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 ›
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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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In the pre-seed funding round, Germany-based PaaS startup Quantagonia is backed by deep-tech investors including Finnish VC Voima Ventures. This is a first for Voima Ventures in making investments outside Finland and in quantum technology. The German startup provides advanced -and future-proof- quantum algorithms to fix the complex problems in business. It makes it easy […] Read more ›
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Finland-based biotech company Onego Bio announces that it has raised 10 million euros during its last seed round. The company is creating an alternative to egg white in terms of meeting the needs of protein consumption rather than getting it directly from animals. To do this, it benefits from Trichoderma technology to produce bioalbumen with […] Read more ›
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Masha Feigelman is now a part of Stockholm-based company Cardo Health as co-founder and deputy CEO after providing services in startup and healthcare practices as a former partner at Mckinsey. She has been a supervisor for those in the digital health business, especially for startups and scaleups. She will be now helping the company achieve […] Read more ›
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Masha Feigelman is now a part of Stockholm-based company Cardo Health as co-founder and deputy CEO after providing services in startup and healthcare practices as a former partner at Mckinsey. She has been a supervisor for those in the digital health business, especially for startups and scaleups. She will be now helping the company achieve […] Read more ›
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Blokgarden is a Finnish company which has been founded in 2020. It is a Tampere-based company which aims to help people grow food in an urban environment. They provide hardware as well as many other tools for urban plant growers. For example Blokgarden offers readymade growboxes which make urban farming as simple as following a […] Read more ›
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The Stockholm-based company Volta Trucks has raised 230 million euros in a Series C funding round led by New York-based Luxor Capital. The last fund will help the company proceed with its engineering and business operations while it is on the make of being a manufacturer of full-electric trucks. The company is planning to complete […] Read more ›
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Well-known e-book and audiobook subscription service Storytel is experiencing a milestone in its history. The founder of Stockholm-based company Jonas Tellander will be no longer CEO of Storytel after being seventeen years at the helm and leave his place to Ingrid Bojner as Interim CEO of the company. Tellander wants to play a more active […] Read more ›
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Established in Örebro, Option One invests in companies with scalable business models that have the potential to grow in the international market. Recently, the Swedish company has expanded its holding in Gothenburg-based tech company Jiroy AB. Jiroy is getting ready to launch a B2C marketplace that will collect all sales, bargains, and promotional items in […] Read more ›
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Finnish VC Innovestor has launched a 60 million euro worth of funds in the first closing which is expected to reach 90 to 120 million euros in a year. The company currently manages four VC funds which are worth 190 million euros in total. Innovestor holds a large portfolio in the Nordics including approximately 100 […] Read more ›
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The Finnish VC Vaaka Partners, which helps mid-sized companies, has invested in Medbase because of the company’s strong medical expertise. The Finnish company Medbase tries to provide SaaS solutions to medical practitioners, hospitals, and diagnostic centers and help them in the process of their attempt to reduce the adverse effects of drugs. To do this, the […] Read more ›
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Aarhus-headquartered FieldSense has announced that it closed its last funding round with 2.9 million euros. FieldSense develops high-quality decision-support tools for the agricultural industry. FieldSense’s weather stations provide farmers and agronomists with frequent, hyper-local weather data. The funding round was led by Danish Agro, with the participation of Rockstart and Pabjergfonden. The startup is expecting […] Read more ›
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The most effective matchmaking startup event in Northern Europe Arctic15 is working hard to get ready for its upcoming events. The events allow a focused international crowd of startups, investors, corporates, media, and influencers to create a network and make deals. Participants can benefit from the Deal Room, speed-dating sessions, workshops, demo stand posters, training […] Read more ›
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Swedish company Wellstreet builds a new FinTech investment vehicle to drive greater efficiencies throughout the global finance and banking ecosystem. This vehicle is backed by top executives from leading Nordic banks and fintech companies including Avanza, Collector, Handelsbanken, Swedbank, Northmill, Resurs and Klarna. The venture capital company is planning to channel a fund of around […] Read more ›
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11.03.2026 23:00
Last update: 22:55 EDT.
News rating updated: 04:50.
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