Latvian startup BeTriton has successfully raised €80,000 from 150 investors through its equity crowdfunding campaign on Crowdcube. Specializing in electro-mobility solutions, BeTriton develops innovative amphibious bicycle campers that blend boating, cycling, and camping into a single versatile vehicle. The funds will be allocated to expand production for their three models: the BeTriton Full, BeTriton Trailer, […] Read more ›
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Helsingborg-based Gympak, a company providing gym bags, portable exercise equipment, and a training app to enhance hotel guest experiences, has secured significant funding through CEO Jone Sølvik’s early stock option redemption. In July, Sølvik personally invested over 1 million SEK into the company, a move that will help Gympak handle increasing orders and support its […] Read more ›
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Riga-based mechanical engineering company Electrify has secured a substantial €1.5 million in funding from ZGI Capital, a venture capital fund. This investment marks a pivotal moment for Electrify, which was founded in 2019 and stands as Latvia’s sole car manufacturer. The company specializes in producing electric minibuses designed for city and intercity transport, student transportation, […] Read more ›
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Viacurrent, a Tallinn-based app focused on employee financial wellness, has secured investment from Amsterdam-based Rockstart and angel investor Kristjan N., though the exact funding amount remains undisclosed. The app aims to enhance financial stability for frontline workers by allowing them to access earned wages before payday and offering financial education resources. This investment is intended […] Read more ›
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Paywerk, Tallinn-based fintech company specializing in cross-border BNPL (Buy Now, Pay Later) solutions, has been fully acquired by Swedish banking group Swedbank AB, with the terms of the transaction remaining undisclosed. Founded in 2021, Paywerk has developed a platform that enhances the e-commerce experience by connecting European e-shops with multiple financiers, enabling faster, secure, and […] Read more ›
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Emini A/S, a Danish company specializing in staffing and recruitment solutions through its PeopleTrust platform, has been acquired by Intelliplan AB. This move allows Intelliplan, which is already established in the Nordic staffing market, to strengthen its position across Sweden and Denmark. Emini’s integration will enhance Intelliplan’s service offerings and support its goal of expanding […] Read more ›
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Flo Health, based in London and has an office in Vilnius, has raised over $200 million in Series C funding led by General Atlantic, propelling the women’s health app into unicorn territory with a valuation exceeding $1 billion. This marks the first time a purely digital consumer women’s health app has achieved such a milestone. […] Read more ›
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ABH Optics ApS, a Rungsted Kyst-based high-tech company and a spin-off from Technical University of Denmark (DTU), has successfully closed a €1 million pre-seed funding round led by High-Tech Gründerfonds (HTGF), one of the leading early stage investors in Europe. This investment will accelerate the development and commercialization of their cost-efficient meta-optic eyeglass lenses that […] Read more ›
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Moon Rover Games, the Swedish game studio founded by ex-EA DICE developers, has secured a $3.5 million seed investment from NCSOFT. Known for their work on acclaimed FPS franchises like ‘Battlefield,’ the team is now focused on developing ‘Project Aldous,’ an ambitious co-op FPS for PC and consoles. This funding not only advances the development […] Read more ›
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Menken Trials, an innovative medtech startup based in Tartu, has announced it has secured a significant boost in its mission to transform clinical trial operations. The company has been awarded a €1.3 million grant from Enterprise Estonia (EAS) and Kredex, which will accelerate its ambitious growth plans and enhance its cutting-edge technology. Founded in 2021, […] Read more ›
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Impactpool, a Stockholm-headquartered AI-driven career platform focused on connecting professionals with organizations that address global challenges, has raised €3.6 million in Series A funding. The investment, led by Mediahuis and Fort Knox, aims to enhance the platform’s technology and support its goal of placing one billion professionals with impact-driven organizations. Since its launch in 2015, […] Read more ›
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Storyals, a Swedish leader in digital education for Microsoft 365, and Exobe, a Microsoft-specialized IT consulting firm, have entered into a strategic partnership. This collaboration aims to address the increasing demands for digital transformation and upskilling in modern workplaces. By integrating Exobe’s expertise in infrastructure, development, and security with Storyals’ training programs, the two companies […] Read more ›
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Estonian edtech company kood/Jõhvi and Estonian Business School (EBS) have formed a new partnership aimed at enhancing education in IT and business. Beginning this autumn, kood/Jõhvi alumni will have the opportunity to pursue an accelerated two-year Bachelor’s degree in business or entrepreneurship at EBS, designed to build on their technical skills with deeper business insights. […] Read more ›
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Vilnius-based AMLYZE and New York-based Notabene have announced a strategic partnership to bolster crypto transaction compliance amid evolving EU regulations. AMLYZE, a RegTech leader specializing in anti-financial crime solutions for financial services, is teaming up with Notabene, renowned for its SafeTransact platform which offers a comprehensive view of crypto transactions. This collaboration comes in response […] Read more ›
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Tallinn-based Eleport has strategically acquired TurboVolt, marking a significant leap into the Croatian and Slovenian markets. This acquisition expands Eleport’s footprint from its stronghold in the Baltics and Poland to now cover six countries. The deal includes the rollout of 17 advanced EV charging hubs at Supernova and SES shopping centers, featuring up to 12 […] Read more ›
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Biomatter, a Vilnius-based startup in enzyme design, has closed a significant €6.5 million seed funding round led by Inventure and UVC Partners, with support from Practica Capital, Metaplanet, and several industry experts. Biomatter, renowned for its pioneering work with generative AI in enzyme creation, plans to use the funding to enhance its Intelligent Architecture™ platform. […] Read more ›
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Helsinki-based edtech startup Corrsy has raised $500,000 in pre-seed funding, led by Iraqi venture capital firm EQIQ. Founded by Mustafa Salam, Corrsy offers a mobile app that utilizes gamification, storytelling, and micro-learning to address educational challenges in the MENA region. The funding round included participation from investors such as Finnish edtech angel Risto Vahanen, SuperChargers […] Read more ›
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Tampere-based ReceiptHero has secured new funding from investors including angel Asko Schrey and venture capital firms SuperHero VC, SeedX VC, and LifeLine VC to further its development of digital receipt solutions. The company plans to use the funds to accelerate its expansion across Europe and the UK, with initial pilots set for the US within […] Read more ›
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Seaber, a Finnish maritime software company specializing in digitalizing scheduling and chartering for bulk shipping, has raised an undisclosed amount in a funding round led by GTT Strategic Ventures, with participation from Counterview Capital, Lifeline Ventures, and Tesi. The investment will enhance Seaber.io’s AI-driven platform, which optimizes cargo and fleet management, reduces port times, and […] Read more ›
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Enerpoly, a zinc-ion battery technology company based in Stockholm, has acquired Nilar‘s battery production and pack assembly lines. This acquisition will enhance Enerpoly’s production capabilities, allowing them to accelerate the development of their zinc-ion batteries. The integration of Nilar’s advanced dry electrode manufacturing process will help Enerpoly reduce costs and environmental impact. This move supports […] Read more ›
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27.11.2024 09:43
Last update: 09:36 EDT.
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