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Jan Ameri @ ArcticStartup 3 place · 09/29/2021 02:25 EDT

Nine green bets on the future at Nordic Climate Tech Demo Day

Nordic Climate Tech Demo Day brought together nine growth companies from across the Nordics with a positive impact in climate on stage of Oslo Innovation Week 2021.  The nine companies presenting were: Spowdi, Agreena, Loopfront, Nanom, Geyser batteries, TotalCtrl, Material Mapper, ClimateView, and Evoy. The goal of the event is to straighten the Nordic region as the European Capital for Climate Tech, foster Nordic collaboration, ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/29/2021 00:58 EDT

Oslo-based Playpulse closes $2M round for exercise bike that turns fitness into a game

Playpulse has raised $2 million to build an exercise bike that motivates people to work out using games. Like a Peloton with games, the Playpulse One integrates games into an exercise bike that has considerable graphics and computing power so that you can get immersed in the experience and stay on the bike longer. The company raised the ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/28/2021 06:11 EDT

Swedish Semiconductor Startup AlixLabs Raises USD 1 Million Seed Capital

Almi Invest is investing close to SEK 3 million in AlixLabs, which is developing a new method for manufacturing semiconductor components cheaper and faster. Private investors, including NHL professionals Michael, Alexander and William Nylander, are also participating in the issue for a total of SEK 9 million (USD 1 million). The funds will be used ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 09/28/2021 01:00 EDT

Swedish electric car maker Polestar goes public in $20 billion SPAC deal

Swedish electric car maker Polestar reached an agreement to go public via SPAC with Gores Guggenheim Inc., The SPAC deal would give Polestar a valuation of $20 billion. The deal will be supported by cash proceeds of around $800 million from Gores Guggenheim, assuming no share redemptions by public stockholders of the blank-check firm. The ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 09/27/2021 12:30 EDT

Swedish E-motorcycle maker Cake closes $60M series B round

Electric motorcycle manufacturer Cake from Sweden has announced they’ve raised a $60 million Series B which will help the company set up manufacturing facilities in Europe, North America and Asia. The round is made up of convertible notes of $14 million and a $46 million financing round. The company recently launched the Makka, the electric ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/25/2021 09:24 EDT

Helsinki-based payment and booking service Book Salon raises a $1M funding round

Book Salon, a Helsinki, Finland-based payment and booking service provider specializing in hair, beauty, and wellness companies, closed a €1M funding round. Big Bets VC was the lead investor, Sontek Ventures and angel Lennu Keinänen also invested in the round The funds to will help fuel the expansion of operations and support european Growth. Founded ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 09/25/2021 09:22 EDT

Swedish climate impact technology company Doconomy raises $17M

Doconomy has announced raising a $17M investment round. The Stockholm-based company has now raised a total of $24M since its inception in 2018. The investment round was led by fintech specialist, CommerzVentures;  some notable companies from their portfolio include eToro and Mambu.Existing investors such as Mastercard, Wiklöf Holding and Ålandsbanken increased their investments in Doconomy. ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 09/25/2021 09:18 EDT

Meru Health Raises $38M Series B Financing to Transform the Way Mental Health Care is Provided, Make High Quality, Effective Care Available to All Online

Meru Health, which provides the most comprehensive online mental health solution for depression, burnout and anxiety, announced today that it has raised a $38M Series B funding round led by Industry Ventures. Additional investors in the round include early backers Bold Capital Partners, Freestyle VC, FMZ Ventures and Leksell Social Ventures along with financing provided by J.P. ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup · 09/25/2021 09:10 EDT

Swedish Tracklib raises $12.2M led by Sony Innovation Fund

Stockholm-based Tracklib, a platform providing music producers and artists with pre-cleared original music for sampling, has secured $12.2 million in investment in its latest funding round. Earlier investors in the company include Sony Innovation Fund, WndrCo and Jörg Mohaupt’s Bridford. Pӓr Almqvist, CEO, said: “We are thrilled to see the interest of investors, existing and ... Read more

0

ArcticStartup
Mathieu Topsi @ ArcticStartup · 09/25/2021 09:06 EDT

Finnish photodetector company Elfys raises €3M  to ramp up the production for the growing  wearable market

ElFys is tapping into a growing demand for photodetectors with people  increasingly wanting to measure their health and wellbeing. Today’s announced  €3M round is dedicated to ramping up the production to match the growing  demand. The lead investor on the round is Metaplanet Holdings together with  the company’s earlier round’s lead Voima Ventures. Other angel ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup · 09/25/2021 09:02 EDT

Swedish Lunch.Co raises €500k in pre-see round for its peer-to-peer lunch app across Nordic offices

Swedish food marketplace platform Lunch.Co announced raising a €500k pre-seed round. The round was led by VEQ, with co-investors Antler and Rockstart. The startup is aiming to use funds to provide new and exciting ‘Food at Work’ experiences in leading companies in the Nordic region following a mass return to offices for hybrid working following ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/24/2021 08:35 EDT

Helsinki-based payment and booking service Book Salon raises a $1M funding round

Book Salon, a Helsinki, Finland-based payment and booking service provider specializing in hair, beauty, and wellness companies, closed a €1M funding round.  Big Bets VC was the lead investor, Sontek Ventures and angel Lennu Keinänen also invested in the round The funds to will help fuel the expansion of operations and support european Growth. Founded ... Read more

0

ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/24/2021 02:24 EDT

Swedish climate impact technology company Doconomy raises $17M

Doconomy has announced raising a $17M investment round. The Stockholm-based company has now raised a total of $24M since its inception in 2018. The investment round was led by fintech specialist, CommerzVentures;  some notable companies from their portfolio include eToro and Mambu.Existing investors such as Mastercard, Wiklöf Holding and Ålandsbanken increased their investments in Doconomy. ... Read more

3

ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 09/23/2021 10:30 EDT

Meru Health Raises $38M Series B Financing to Transform the Way Mental Health Care is Provided, Make High Quality, Effective Care Available to All Online

Meru Health, which provides the most comprehensive online mental health solution for depression, burnout and anxiety, announced today that it has raised a $38M Series B funding round led by Industry Ventures. Additional investors in the round include early backers Bold Capital Partners, Freestyle VC, FMZ Ventures and Leksell Social Ventures along with financing provided by J.P. ... Read more

0

ArcticStartup
Vedat Öndas @ ArcticStartup 3 place · 09/23/2021 05:26 EDT

Swedish Tracklib raises $12.2M led by Sony Innovation Fund

Stockholm-based Tracklib, a platform providing music producers and artists with pre-cleared original music for sampling, has secured $12.2 million in investment in its latest funding round. Earlier investors in the company include Sony Innovation Fund, WndrCo and Jörg Mohaupt’s Bridford. Pӓr Almqvist, CEO, said: “We are thrilled to see the interest of investors, existing and ... Read more

0

ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/23/2021 02:59 EDT

Finnish photodetector company Elfys raises €3M  to ramp up the production for the growing  wearable market

ElFys is tapping into a growing demand for photodetectors with people  increasingly wanting to measure their health and wellbeing. Today’s announced  €3M round is dedicated to ramping up the production to match the growing  demand. The lead investor on the round is Metaplanet Holdings together with  the company’s earlier round’s lead Voima Ventures. Other angel ... Read more

5

ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 09/22/2021 10:06 EDT

Swedish Lunch.Co raises €500k in pre-see round for its peer-to-peer lunch app across Nordic offices

Swedish food marketplace platform Lunch.Co announced raising a €500k pre-seed round. The round was led by VEQ, with co-investors Antler and Rockstart. The startup is aiming to use funds to provide new and exciting ‘Food at Work’ experiences in leading companies in the Nordic region following a mass return to offices for hybrid working following ... Read more

0

ArcticStartup
Vedat Öndas @ ArcticStartup 1 place · 09/22/2021 02:04 EDT

Bootstrapped CPQ vendor from Sweden vloxq wins SaaSiest 2021

vloxq, a Swedish company founded in late 2020 that simplifies and  automates how their customers create quotes and proposals, today announces that they  have won “SaaSiest Startup in the Nordics” during SaaSiest 2021. They were elected the  winner in the final that also featured fellow SaaS startups Foodrunners, Quickchannel and  Canned.me. The jury consisted of ... Read more

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ArcticStartup
Vedat Öndas @ ArcticStartup 1 place · 09/20/2021 07:03 EDT

Denmark’s consumer-focused VC Heartcore Capital raises $250M in new funds

Danish Heartcore Capital has announced they’ve raised $250M in new funds to continue to back consumer-focused companies in Europe. $200M is set to be invested in early stage companies ranging from pre-seed to series A, the other $50M is aimed at backing a few stand-out companies from the portfolio through their growth rounds.The firm is ... Read more

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/18/2021 06:05 EDT

Truecaller preparing for over $100m IPO in Stockholm

Truecaller, the Swedish firm that operates as a call identification service announced this week it is looking to raise $116 million in an initial public offering on Nasdaq Stockholm. The company has amassed over 250 million monthly active users. “One of our objectives this year has been to prepare Truecaller for an IPO. Thanks to ... Read more

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