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Mathieu Topsi @ ArcticStartup 1 place · 09/17/2021 03:42 EDT

Volta Trucks €37 million Series B funding round for their electric delivery truck

Volta Trucks, a Swedish full-electric commercial vehicle manufacturer and services provider, has announced the closing of a €37 million Series B funding round. Preorders for the company’s Volta Zero are now over 2500 vehicles and exceed €600m in order value  The funding round was led by New-York based Luxor Capital with existing investors extending their ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 09/16/2021 06:32 EDT

German COYO and Finnish Smarp join forces

German COYO and Finnish Smarp announced both SaaS companies would merge with the aim to become a global leader in the employee communications and employee engagement software space. This new player will be able to address increasing challenges of a mobile workforce and keeping employees engaged by combining Smarp’s employee communications portfolio together with COYO’s ... Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 3 place · 09/16/2021 05:30 EDT

New Danish initiative to connect startups with East Asian Venture Capital

A new project supported by The Danish Industry Foundation will connect Danish and Nordic VCs to East Asian investors and Limited Partners. The Nordic Asian Venture Alliance (NAVA) will increase funding opportunities for Danish and Nordic startups and enhance their scalability in the fast-growing Asian markets. The Danish Industry Foundation, in collaboration with Asia House, ... Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 3 place · 09/16/2021 02:39 EDT

Swedish energy storage company Enerpoly  announced a pre-seed round of EUR 410,000.

Enerpoly announced a pre-seed round of EUR 410,000. The company currently has EUR 2.5 million in financing to tackle the lack of sustainable and affordable battery energy storage solutions. Sustainability-focused homeowners have been installing solar panels on their rooftops for decades, but the majority of the energy they produce is sold back to the utility ... Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 1 place · 09/16/2021 02:15 EDT

All  female founded StemSight is curing blindness with stem cells – announces a €500k seed round

StemSight, a Tampere-based startup, is looking to introduce a new treatment  method that can cure severe corneal blindness with an off-the-shelf stem cell therapy. Today,  StemSight is announcing a €500k seed funding round to support the way towards the clinical  trials and market approval.   The StemSight team has worked on the innovation now for a ... Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 09/15/2021 06:27 EDT

Finnish Maki.vc set to reach the final close of its second fund at €100 million

Finnish VC Maki.vc is set to reach the final close of its second fund at €100 million, the firm is aiming to invest in seed-stage startups across Europe. The new fund has already had a few investments including antigen discovery company Baseimmune and foodtech startup Volare. “Within the deep tech and brand-driven focus, we have no industry ... Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 1 place · 09/14/2021 06:51 EDT

Vendep raises third fund – expands backing of SaaS founders in all Nordics and Baltics

Espoo-based VC fund Vendep Capital has raised a third fund with a first close of 40 million euros. The firm’s main focus is early stage B2B SaaS companies, notable portfolio companies include Brella or Xolo.io.  After only investing in Finland and Estonia, the fund will now expand its investments to all Nordic and Baltic countries. ... Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 09/14/2021 04:36 EDT

Swedish small business lender Qred receives investment from Nordic Capital

Nordic Capital Evolution has signed an agreement to invest in the fast-growing fintech company Qred. Founded in 2015, Qred is one of the leading providers of financing and payment solutions to small businesses in the Nordics and the Netherlands.The company provides innovative solutions for small businesses and entrepreneurs looking for financing with their automatic credit ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 09/13/2021 05:09 EDT

Stockholm-based invoicing platform Billogram closes $45 million round

 Swedish invoicing platform Billogram has secured a $45 million investment from Partech.   Founded in 2011 the company initially started as a service to digitize invoices, the product has now evolved into a software platform working to improve customer relationships, automating processes leading to lower costs, higher revenues and reduced churn. “Demand for our product is ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/10/2021 07:57 EDT

Oslo-based Neat raises additional €25.3 million from Zoom

Neat, a Norwegian pioneering video device company, announced that Zoom Video Communications, Inc has made a new investment in Neat of around €25.3 million, reflecting both companies’ commitment to provide technologies that ensure an exceptional video communication experience. Neat now has a total valuation of €541 million.  This is Zoom’s third investment in Neat to ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 09/10/2021 04:38 EDT

All-female led VC firm Crowberry Capital raises Iceland’s largest VC fund

Led by founders Hekla Arnardottir, Helga Valfells and Jenny Ruth Hrafnsdottir, Crowberry Capital has raised Iceland’s largest VC Fund ever and one of Europe’s largest all-female leds funds. Icelandic VC Fund Crowberry Capital raised $90 million for its new seed and early-stage fund, with a second $40 million close expected in July 2022. The fund’s ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/09/2021 02:01 EDT

Printify Raises $45M in Series A Funding to Expand Print on Demand Marketplace Globally

Index Ventures leads round, supporting Printify’s mission to empower creators to build their own businesses, independently Printify, a leading print on demand company, announced today that it has secured $45M in Series A funding led by Index Ventures, with participation from H&M Group, Virgin Group, founders of leading technology companies Transferwise, Vinted, Squarespace, RedHat, and ... Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 2 place · 09/08/2021 10:10 EDT

Swedish healthtech company Health Integrator secures SEK 20 million

Health Integrator, the Swedish healthtech company aiming to reduce the amount of patients in the healthcare system by preventing diseases, is set to expand its service throughout Sweden with a SEK 20 Million injection led by J12. Previous investors include Luminar Ventures, Leksell Social Ventures and Add Health Media.  The Stockholm Region is using the ... Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 09/08/2021 03:08 EDT

EQT buys stake in Sweden’s Storytel – becomes second largest shareholder

EQT’s Public Value division has announced they’ve acquired 6.6 million shares of Swedish audiobook and ebook streaming service, Storytel. The purchase represents 9.7% of the shares outstanding making them the second largest shareholder. Storytel provides over 700,000 titles to consumers in 25 markets globally, streaming under the brands Storytel and Mofibo. “After 11 amazing years ... Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 2 place · 09/07/2021 06:00 EDT

Protect the Arctic with European space technologies

The Arctic is a fascinating and complex geographical, meteorological and biological ecosystem whose impact is significant and far-reaching. From its highly transited shipping routes that connect the Atlantic and Pacific oceans to its role in regulating global temperatures, the Arctic is responsible for much of the way we live. The second CASSINI Hackathon will focus ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 09/07/2021 01:00 EDT

YC-Backed Vilnius-based Turing College Secures Further $1.05M In Seed Funding

Vilnius-based data science career school Turing College has raised a seed round of  $1.05 million. The round was led by Iron Wolf Capital and will allow Turing College to expand their student base into the Dutch and Estonian markets. The company which was part of the Y Combinator W21 batch has now secured $2.5 million ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 09/06/2021 04:12 EDT

Dairy-free cheese maker Stockeld Dreamery raises €16.5M Series A Round

Stockeld Dreamery, The Stockholm-based plant-based alternative food company announced a Series A round of €16.5M co-led by Astanor Ventures and Northzone. Alongside them in the round was Gullspång Re:food, Eurazeo, Norrsken VC, Edastra, Trellis Road and angel investors David Frenkiel and Alexander Ljung. Since Stockeld Dreamery was started in 2019, we’ve had some major scientific ... Read more ›

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ArcticStartup
Julia Gifford @ ArcticStartup 1 place · 09/03/2021 08:46 EDT

Agricultural funding startup announces merger with Lande to support Baltic farmers

LendSecured, the agricultural crowdfunding platform, has announced a brand merger with Lande, the credit platform for farmers. Lande operates in Latvia, and by merging with LendSecured, it plans to expand to Europe, with the Estonian market coming next by the end of 2021. Lande is a platform that supports farmers looking for financing to scale ... Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 09/03/2021 05:01 EDT

Finnish invoicing software company Zervant has been acquired by the Danish group Ageras

Zervant, the invoicing software company headquartered in Espoo has been acquired by Danish Financial management group Ageras Group. Founders Tuukka Koskinen and Mattias Hansson were aiming to create a digital solution to help entrepreneurs get paid faster for their work. The product was Zervant – an intuitive and powerful invoicing solution tailor made for small ... Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 1 place · 09/03/2021 03:37 EDT

Stockholm-based Stravito raises €12.4 million in Series A funding

Stravito, the Stockholm-based knowledge management solution democratizing access to market research and insights, today announced a €12.4million ($14.6million USD) series A funding round. Endeit Capital led the round with additional investment from existing investors HenQ, Inventure and Creades. To date, Stravito has raised €20.1million ($23.7million USD). “It has never been more important for the world’s ... Read more ›

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