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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Evolution Gaming, a live casino developer from Sweden, is displaying its games on around 30 websites that are blacklisted in Sweden. The sites have been blacklisted by Swedish Gaming Inspectorate for breaking the Swedish gaming law. The company’s spokesperson stated that they are working on rectifying the situation. Evolution Gaming Group AB is a company […] Read more ›
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Vignita, a promising startup from Norway focused on the education market for adults, is now planning to expand into the international markets with €660k raised during their latest funding round. In a time where we are going through a skill shortage internationally, they are aiming to make a significant impact. Vignita was founded in 2017 […] Read more ›
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With a €570 million, the European Commission has launched a new funding instrument whose main goals are to support interregional innovation projects as well as value chains in less developed regions. The first phase of the program will cover the years 2021 and 2022. The program is then planned to extend into 2027. Finding funding, […] Read more ›
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Voi Technology, a very successful micromobility company from Sweden, announced to have raised a $115 million Series D funding round. As more and more companies are competing to become the number one in the micromobility area, this is great news for those looking for safer and more sustainable modes of transport. Sustainability is a factor […] Read more ›
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A new ranking of 59 European cities on who is leading the sustainable innovation wave is out: The Future City ESG Innovation Index by DEEP Ecosystems, the makers of the Startup Heatmap Europe. You can see the publication of the report here. The report reveals a total of >50bn € being invested in ESG […] Read more ›
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Swedish tech company Volumental plans to expand globally after its latest successful financing campaign which raised SEK 117 million (€11.3 million). They are planning to make worrying about sizes for clothing and shoes a thing of the past. Online shopping has made it very easy for all of us to buy clothing, shoes and pretty […] Read more ›
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Swedish tech company Volumental plans to expand globally after its latest successful financing campaign which raised SEK 117 million (€11.3 million). They are planning to make worrying about sizes for clothing and shoes a thing of the past. Online shopping has made it very easy for all of us to buy clothing, shoes and pretty […] 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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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12.03.2026 04:09
Last update: 04:01 EDT.
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