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 ›
29
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 ›
0
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 ›
16
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 ›
1
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 ›
0
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 ›
0
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
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 ›
0
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
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
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 ›
0
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
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
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
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
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
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
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
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 ›
120
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 ›
12
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 ›
0
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24.12.2025 03:58
Last update: 03:45 EDT.
News rating updated: 10:53.
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