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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Ampler has closed an equity round led by seasoned investors Taavet Hinrikus and Sten Tamkivi from Taavet+Sten and joined by top Estonian investors such as Metaplanet, Ambient Sound Investments and Ragnar Sass. The total size of the equity investment was 7.4 M € putting the company’s valuation to 47 M €. The fast-growing company will ... Read more ›
6
Kale United is growing after the acquisition of the business for the plant-based meal kit service Enkla Kassen. Their plan includes a rapid Swedish expansion followed by an imminent internationalization. After evaluating all players in the meal kit market, Kale United decided that Enkla Kassen was the supplier that best met their expectations for sustainable ... Read more ›
0
Stavanger-based MelodyPipe is a platform that makes it easy to meet other players in the industry, build teams, show off and book gigs. The startup has announced raising a 12M NOK round, around €1,2M. I am a musician myself and have faced the challenges we want to solve for other musicians around the world. Network, ... Read more ›
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Opter, a SaaS company providing transportation management, plans to list on First North in November. The company aims to raise approximately SEK 85.8 million from the listing. It offers both newly issued and existing shares at a price of SEK 56 per share. This gives Opter a market value of approximately SEK 320.7 million before ... Read more ›
0
Swedish food tech company N!CK’S has announced a $100 million Series C funding toward creating additional healthy snacks and ice cream products that have a proprietary blend of sweeteners and ingredients, but with a fraction of the calories and no added sugar. Kinnevik, Ambrosia and Temasek co-led the round and were joined by Gullspang. The ... Read more ›
0
Norwegian Kebony has announced a new €30 million funding round, bringing total capital invested to over €50 million. This latest round was led by Jolt Capital and Lightrock, who join existing investors including Goran, MVP, FPIM, PMV, and Investinor. Since its inception in 1997, Kebony’s mission has been simple: reduce CO2 emissions alongside the deforestation ... Read more ›
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Stockholm-based blockchain development platform Moralis has secured an impressive $13.4 million seed funding round from EQT Ventures. The startup’s mission is helping developers build and scale decentralised apps (dApps) without the traditionally high cost or complexity. The funding is set to be used to continue product development, as well as hiring key employees. Founded in 2020 ... Read more ›
2
Stockholm and New York-based startup Blisser, proves a digital platform giving users the ability to connect with top talent for climate change, global issues, and charitable causes, has just raised €860K in funding. The round was led by Tinder co-founder Justin Mateen and Talent Resources Ventures’ Michael Heller, alongside other angel investors. The fresh funds ... Read more ›
0
Lingvist, a Tallinn-based startup on a mission to develop and scale learning technology that enables radical improvement in learning efficiency, has raised €5.1 million in a new round of funding for its language learning app. This latest round was led by VC firm Rubio Impact Ventures from the Netherlands, and joined by Rockaway Capital and ... Read more ›
2
Lithuanian startup Cogastro, which developed the world’s first software for the monitoring and management of an insect farm, has secured EUR 500,000 seed funding. The funding was granted to the company by a syndicate formed by the venture capital fund CoInvest Capital and members of the Lithuanian Business Angels network (LitBAN). “The company’s sales have grown 4 times since ... Read more ›
2
Testlio, the Estonian originator of networked testing, today announced that it has closed $12 million in Series B financing. The round was led by Spring Lake Equity Partners and was oversubscribed. It included participation from Series A co-leads Altos Ventures and Vertex Ventures US. With the round, Jeff Williams, Partner at Spring Lake Equity Partners, ... Read more ›
3
Lemonsoft Oyj today announces its intention to launch an initial public offering and to list its shares on the Nasdaq First North Growth Market . Lemonsoft is a Finnish SaaS company that designs, develops and sells ERP software solutions. The Company focuses on offering solutions mainly for small and medium sized enterprises. The Company’s software ... Read more ›
2
Sensative AB, a Swedish IoT startup developing sensors for smart homes, buildings, and cities, as well as a variety of battery-powered sensor strips, announced securing € 2.8 million investment led by Belgian venture capital firm Aconterra Fund. The new funding will be used in the expansion of its flagship Yggio 3 platform sales across Europe ... Read more ›
4
Baltic seed fund Change Ventures announced another increase in the size of its Change Ventures Fund II, to almost €43M in commitments, allowing more capital to flow to ambitious Baltic founders to scale their businesses across the globe. This fund growth comes at the right time as startups are experiencing an unprecedented renaissance across the ... Read more ›
4
The additional funds extend Ondato’s seed round to a total of €5.6M, spurred by 4x growth since January  Compliance-as-a-Service startup Ondato has closed a €3.6M seed extension round led by OTB Ventures, LitCapital and Startup Wise Guys, bringing the total amount raised by Ondato so far to €5.6M. The seed extension sees the addition of ... Read more ›
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Nordic Foodtech VC announced the closing of its first fund at €42M, exceeding the €40M target size. The fund was launched in April 2020 as the first early-stage VC fund in the Nordics fully focused on investing in food tech startups. The Nordic food ecosystem has shown support into the vision, as a quarter of ... Read more ›
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Aerit, a sustainable drone delivery service based in Stockholm, completed Sweden’s first commercial beyond visual line of sight (BVLOS) food delivery in collaboration with Region Halland using its autonomous drone the Nimbi. The company aims to facilitate access to goods and services regardless of location, weather, time of day, or personal ability. Their delivery platform ... Read more ›
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kevin., a Lithuanian FinTech startup that provides a payment infrastructure for online, mobile, and physical sales, has secured $10 million of new capital in a seed funding round one of the largest in Europe. The round was co-led by OTB Ventures and SpeedInvest. Also joining the funding round were OpenOcean, Global PayTech Ventures. This round ... Read more ›
2
Texelio has developed an AI engine that according to the plans will make stock market news more relevant to the reader. The company is now raising capital from a number of well-known investors. ​​Texelio was founded in late 2019 by Meysam Sadegh , a Chalmers engineer. The company has built algorithms that refine and adapt ... Read more ›
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Kinnevik has invested more this year than originally expected at the beginning of 2021. The company now expects that the investments will add up to as much as SEK 6 billion for the year. Georgi Ganev states in the firm’s third quarter report that they have invested more than what was originally planned from the ... Read more ›
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23.12.2025 21:48
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