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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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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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 GScan, a deep tech company that develops cosmic ray 3D scanners for security and cargo scanning, is announcing a €500,000 investment round led by Indrek Kasela, one of the most active angel investors in Estonia.  The company is working with customs, universities, research centers, and security companies in Europe to develop an autonomous state-of-the-art ... Read more ›
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Denmark’s Podimo has announced raising $78m Series B round, making it one of the largest Europe rounds for an audio tech company in 2021. The round was led by London VCs 83North and Highland Europe.  Podimo is bridging the gap in audio content between podcast platforms and audiobook companies like bt providing RSS-feed content, podcasts ... Read more ›
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Swedish Fintech startup Näktergal has raised €1 million. The company suports financial institutions’ transition to digitised lending solutions. Following its success in Sweden and Finland, the funds will go toward entering German market.This latest round brings total investments in the startup to €2 million since its inception in 2015.  Näktergal’s latest funding round was ... Read more ›
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Helsinki-based game studio HypeHype, formerly known as Frogmind, has raised €13 million from Supercell. The funds will allow the company to further development and support of its own platform, which allows users to create and remix their own mobile games.  HypeHype lets players create their games using a no-code editor and ready-made assets, with ... Read more ›
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Tonic21, the biggest traditional gathering of food startuppers along the Slush event next week is back. Let’s have a look at what we have created around this year’s theme – Trends in taste and tech.  Oda will first take Helsinki, and then they will take Berlin The Norwegian online groceries startup Kolonial.no raised some ... Read more ›
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Kompas ,the most recent VC firm from Copenhagen is announcing a $160 million fund that is aimed to back US, European, and Israeli early-stage startups in the real estate, construction that are looking to reduce waste and CO2 emissions. Investing at Seed and/or Series A rounds, the typical ticket size is expected to range from ... Read more ›
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Finnish startup Mobal has announced a €2 million seed funding round from Lifeline Ventures, whose previous investments include Wolt, Supercell, Smartly, and Aiven, to mention a few. The Helsinki-based startup focuses on providing the best services and software solutions to help businesses ensure that their online presence is as accurate, up-to-date, and as effective as ... Read more ›
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OGOship, a scalable 3PL service provider helping e-commerce businesses to streamline their supply chain, today announces that it has raised a €4M pre-series A round led by Flashpoint Venture Capital and Innovestor Ventures with an earlier backer Maki.vc joining the round.  OGOship started their growth path in 2017, building a sustainable e-commerce supply chain solution. The topic ... Read more ›
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Icelandinc electric scooter rental company Hopp announced that local venture fund Brunnur Ventures had invested $2.8 million into the company. The company hopes that this round of investment will fuel their to international growth through setting up franchises worldwide.  “Our goal is to influence the electric scooter market the same way McDonald’s did for ... Read more ›
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Airforestry has been in stealth mode since the start of 2020. But now they finally reveal their pioneering technology for forest management.  “We have been working in secret for almost two years and already have paying customers among Europe’s largest forest owners. But now it’s time for our public launch. We want to tell ... Read more ›
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Northern Europe’s largest tech/startup ecosystem Tech Nordic Advocates (TNA) has secured funding from the City of Helsinki Innovation Fund to launch its successful international women-in-tech growth programme in Finland.  The “Helsinki Female Tech Founder Frontrunner” programme will be officially launched at Slush 2021 in Helsinki. Come hear how TNA and its Finnish and global ... Read more ›
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Open data startup Okredo has closed a €1 million seed funding round led by the Lithuanian Business Angels Fund and Presto Ventures, with support from Startup Wise Guys as well as several angel investors. Okredo’s SaaS platform helps SMEs assess the credibility, financial strength and sales potential of new and existing business partners and customers. ... Read more ›
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Danish startup Fullview, a customer support platform has announced a $1.8 million pre-seed round, accelerating their efforts to redesign the entire experience. The funds will go towards product development and hiring, primarily engineers. The round was led by Cherry Ventures, along with Seedcamp. Founders from Pleo, Dixa, Unity, Pitch, and Juni also participated in the round.  According to ... Read more ›
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12.03.2026 05:53
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