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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Planet42, the startup fighting transport inequality by putting cars in the hands of people unfairly ignored by banks, has raised $30 million in equity and debt funding. The $6m equity round was led by Naspers, with existing investors Change Ventures and Startup Wise Guys also participating alongside unicorn founders like Martin and Markus Villig (Bolt) […] Read more ›
2
Hack Your Closet is a popular clothing subscription company from Sweden that aims to help customers play their part in fighting against climate change, in style. At the same time, they’ve got their stats backing up their claims. The company’s co-founder Lisa Gautier states that they will keep growing and eventually open up franchises all […] Read more ›
2
Workfellow, the software product company with the first plug-and-play tool that provides a holistic view of the impact of digital transformation on team work, today announced that it has raised 3.12 million USD in its Series A funding round. The investment will support Workfellow’s growth by ramping up its product and commercial operation.  The ... Read more ›
16
Estonia-based company AlphaChat has been acquired by Zurich Insurance Group (Zurich). The company provides conversational artificial intelligence (AI) technology for customer service automation, to further enhance the Group’s digital capabilities.  AlphaChat is one of the most advanced start-ups in conversational AI, with a team of seasoned entrepreneurs and machine learning specialists. Founded in 2017, ... Read more ›
1
Icelandic EdTech startup Evolytes has raised a $520K funding round led by NSA Ventures. The company has built a comprehensive learning solution that teaching children mathematics using fun and engaging methods. The solution is based on psychology research and theories used to improve speed up student skill acquisition.  Evolytes’ system includes an educational game ... Read more ›
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Denmark’s Famly, a digital platform that empowers daycares, nurseries, and parents to manage communications, announced that it has raised $18M in a latest Series A round. The latest investment brings the total amount of funds raised over $20M so far. The round was led by Susquehanna Growth Equity. SGE is joining existing investors, notably Zendesk ... Read more ›
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Superside, the fully-remote startup helping marketing and creative teams at ambitious companies get quality design work at scale, today announced a US$30 million Series A funding round co-led by Prosus Ventures and Lugard Road Capital , along with existing investors Slack Fund and Acequia Capital. In addition to the funding round, Superside also announced that ... Read more ›
0
Icelandic software startup Plaio announced a $2.25M pre-series A investment round by Frumtak Ventures. The company digitises demand, manufacturing, and purchase planning for generic pharmaceutical manufacturers, for agile manufacturing operations and precision product output.  Founded by Jóhann Guðbjargarson in May, Plaio builds on years-long R&D process focused on the specific needs of generic pharmaceutical ... Read more ›
0
The recent Dealroom report of Central and Eastern European startup scenery shined the light on the success stories of the region. According to the report, companies founded in CEE have a combined enterprise value of over €186 billion, up 19x since 2010. At the same time, VC investments to the area are on the rise, ... Read more ›
0
Lokalise, the leading continuous localization platform, today announced it has raised $50 million in Series B funding led by CRV. They were joined by Creandum, Dawn Capital, existing investors including Chalfen Ventures, 3VC, S16VC, and a number of angel investors. Since the last funding round in September 2020, Lokalise has more than tripled its annual recurring revenue. The ... Read more ›
0
Tarnjit Saini 25, born in India, raised in Finland; Sanni Ishfaq 25, born and raised in Finland, with a Pakistani descent came together as student entrepreneurs in 2019 to build a solution to assist freelancers in the field of fitness, wellness and recreation to build and grow their businesses without having to spend excessive amounts ... Read more ›
16
Passendo, the Danish Email AdTech company that boosts email marketers’ revenues, announces to have raised €2.3M in a pre-Series A round led by Amsterdam-based VC Newion, together with the UK-based early-stage funding investors FirstPartyCapital. To power the commercial potential of email advertising, Passendo was founded in 2016 by Andreas Jürgensen and Anders Rasmussen, two seasoned ... Read more ›
0
Pleo, a Copenhagen, Denmark-based fintech provider of a simplified expense management tool and smart company cards, extended its Series C round by $200m (USD), bringing the total raised to $350m. The extension, which has brought the valuation to $4.7 billion, was led by Coatue Management, followed by Alkeon Capital, and existing investors, Bain Capital Ventures, ... Read more ›
0
Energy trading-as-a-service company enspired lands USD 8.7M of fresh capital, adding to its momentum to solve a key challenge in the energy transition by making power grids more flexible. The funding round, co-led by Emerald Technology Ventures and 360 Capital – two leading venture capital firms investing in technology that supports the energy transition – ... Read more ›
0
Whether you were at Slush 2021, participated in the side events or followed from afar, this past week has been very active in the Nordics&Baltics startup ecosystem. If you’ve been struggling to keep up with the huge amount of news coming out, we’ve compiled some highlights here.  Metaverse company Varjo receives €20 million in ... Read more ›
1
Enfuce, the Helsinki-based leading European Card-as-a-Service (“CaaS”) platform for modern card issuing and processing, yesterday announced a successful €45 million Series C investment round led by international growth investor Vitruvian Partners. The new capital will be used to further accelerate growth internationally as well as development of the Company’s leading technology platform.  Enfuce is ... Read more ›
24
Estonian Karma Ventures has announced the closing of its second fund at €100 million. The capital will be used towards the firm’s efforts in backing early-stage European deeptech startups in their Seed and Series A rounds, with a ticket size going up to €5 million.  Experienced DeepTech trio Tommi Uhari, Margus Uudam, and Kristjan Laanemaa are ... Read more ›
3
Rehaboo! Exercise Games was established in 2016, after the Slush Hacks. The team behind Rehaboo! won the “Happier Hospital” digital health challenge, organized by the new HUS children’s hospital and GE Healthcare.   After the win, Rehaboo! claimed GE Healthcare’s prize and joined the Health Innovation Village with an idea to make Health Games. ... Read more ›
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Flowrite is an AI-powered writing productivity tool that helps professionals save time from their daily communication by turning short instructions into ready-to-send emails and messages on websites and browser-based apps like Gmail and LinkedIn.  “Today, the world communicates through keyboards more than ever before, but the craft of writing has remained fundamentally the same ... Read more ›
0
Finnish startup Digital Nature has raised €1.5M in seed funding to create new growth and attraction opportunities for shopping centers and other public venues. The round was led by renowned business angels, including Mikko Kodisoja and Visa Forsten, co-founders of Finnish decacorn Supercell. The funding will go towards developing their technology and building their first on-sight attraction in one of the most ... Read more ›
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Business Insider
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Tom's Hardware
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12% 6 |
Slashdot
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12% 9 |
Gizmodo
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7% 1 |
Vox
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6% 5 |
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23.12.2025 20:00
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