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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Norselab, a Norwegian investment company that focuses on providing funding to technology companies in order to support and accelerate their building and growth, gets investment from Capricorn Investment Group. Capricorn Investment Group, a California-based investment firm that currently manages $10 billion in multi-asset class portfolios, has taken 20% stake in the Norwegian investment company Norselab. […] Read more ›
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Smartly.io, a Finnish advertising platform with a main focus on automating social advertising to allow for better productivity and creativity, has acquired the London-based creative management platform Ad-Lib.io. Smartly.io was founded in 2013 and since then, the company has been creating attractive and effective ads for its customers. As a leading marketing partner of Facebook, […] Read more ›
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Lift Relations, a platform from Denmark that focuses on providing predictions about risks and opportunities of losing or growing for companies, has recently raised $3M from SEED Capital, a very successful seed-stage tech investor operating in Denmark. Lift Relations was founded by Dan Hestbaek in 2015 when, according to them, the majority of “client health […] Read more ›
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Spectaflow, an integrated SaaS solution provider for hotel operations, today announced it raised €1.7 million in a post-seed round led by Frumtak Ventures, with participation from existing investors. This round builds on earlier investments raised from Icelandic New Business Venture Fund, and angel investors including Grimur Saemundsen, founder and CEO of Blue Lagoon, Hilmar Veigar Petursson, CEO […] Read more ›
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askRobin, a financial services company from Finland that serves in several Latin American countries, is celebrating its 5th birthday this month. Even though such an even should have positive connotations, the CEO of the company isn’t denying that askRobin is going through tough times. askRobin was founded in 2017 by Rain Sepp, a FinTech entrepreneur […] Read more ›
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HJN Sverige, a Swedish tech company that focuses on machine learning and artificial intelligence, has just received new investment from billionaire Daniel Ek. Daniel Ek is a Swedish entrepreneur who is best known for co-founding the music streaming service Spotify. Now the billionaire entrepreneur keeps pouring millions into HJN Sverige. HJN Sverige was founded in […] Read more ›
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NO-CV, a Lithuanian app focused on helping companies hire employees without relying on CVs, has recently received its third investment worth €212,500. The investment came from the business angels of LitBAN network and LatBAN, along with several Estonian angel investors. Lithuanian entrepreneur Gediminas Vilčiauskas has founded his human resources startup NO-CV in November 2020 in […] Read more ›
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The past two years have sparked immense global change. It has pushed virtually all industries to a pivotal point where Customer Experience (CX) is concerned. In fact, a recent Alida study of over 5,300 participants across five countries (Australia, Canada, India, U.K. and U.S.) revealed that 92% of consumers agree that CX is an important […] Read more ›
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Grönska, a Swedish FoodTech company that develops vertical indoor cultivation technology, has hired Daniel Schröder, a manager with vast experience in the food industry, as the company’s new Chief Commercial Officer. Grönska was founded in 2014 by Robin Lee, Petter Olsson and Natalie de Brun Skantz. The founders of the company put together their experiences […] Read more ›
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Jon Grundström has recently joined Charge Amps, a Swedish company that offers charging solutions for electric cars, as the Country Manager of the company in Finland. He said that they want to be a pioneer in the charging business. As we understand the impact of our species on the ecosystem that we are living in, […] Read more ›
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Kavall, a Swedish startup that provides quick delivery services, is now offering Covid-19 self-tests to its customers. As a service that completes fast deliveries in around 10 minutes, the startup is aiming to help its customers get easy and quick access to Covid-19 tests. Since the first days of the Coronavirus outbreak, delivery services has […] Read more ›
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Nordic Capital, a Swedish private equity company, is exiting its investment in Vizrt Group, a software organization, to a Nordic Capital-led consortium that has recently been formed. This new move is expected to allow Nordic Capital further support Vizrt Group’s growth. Nordic Capital is a private equity investor with a focus on Healthcare, Tech & […] Read more ›
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After the latest interest rate meeting, Norges Bank, the central bank of Norway, has announced that it is raising the key interest rate by 0.25 percentage points. As the latest key interest rate announced by Norges Bank has gone up to 0.5 percent, Norwegian banks quickly followed up. Following the latest interest rate changes in […] Read more ›
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Jonas Arnberg, the former CEO of HUI Research, joins Hållbar E-handel, a Swedish initiative for making e-commerce more sustainable, as a new board member of the non-profit organization. The issue of having limited amount of resources in our planet to meet our needs and wants has been getting more attention in the last couple of […] Read more ›
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Plick, a Swedish second-hand clothing and accessory app with more than 500,000 users, gets investment from Schibsted Media Group, Norwegian media giant. With this move, Plick will be largely owned by Schibsted. In 2013, Plick was founded by Jimmy Heibert and Axel Danielsson. Their app makes it possible for users to sell and buy second-hand […] Read more ›
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BroadBit Batteries, a technology company from Finland that specializes on designing and producing more eco-friendly batteries, has recently won the EIC Accelerator award. Now the company is going to get a grant of 2.5M€ as a support for their future projects. With a budget of €10.1 billion, European Innovation Council aims to support innovative businesses […] Read more ›
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Oncorena, a Swedish pharmaceutical company focused on developing treatment for advanced stage kidney cancer, is going to receive SEK 66 million (€6,42 million) worth of funding. The funding is mainly going to support the company’s first clinical study. Kidney cancer is a serious health issue that requires more research focused on it, with around 400,000 […] Read more ›
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Dear ArcticStartup readers, We wish you a Merry Christmas and hope that you have an enjoyable holiday season! As ArcticStartup, we surely had our ups and downs through our journey, but the support that we have gotten from our fans have kept us going and growing through all this way. We want to thank you […] Read more ›
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Theatre.js, a brand new creative platform from Finland, has raised $4.5 million with its seed round and the platform is now planning to start its operations. The work on Theatre.js started with inspiration from online media created with new formats by brilliant artists and engineers. Team of Theatre.js refers to these online media as “web […] Read more ›
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Taaleri Energia, a company focused on wind and solar development, has recently secured €44 million funding in order to increase the development in their area of expertise and build more projects over many regions which include Nordics and Baltics. Taaleri is a renewable energy developer and asset manager from Finland. The company mainly focuses on […] Read more ›
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12.03.2026 04:09
Last update: 04:01 EDT.
News rating updated: 10:02.
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