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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 10/15/2021 04:48 EDT

$52M in three months for this Swedish Fintech

Three months after first announcing their Series A raise at $21.5 million, the Göteborg-based banking platform for e-commerce players, Juni has raised more than twice the amount of the first portion of the raise to $73 million. The funds from this large raise will be used up towards increasing headcount and launch a fully integrated ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 10/15/2021 02:23 EDT

SaaS startup solving sustainability challenges expands with Series A round

TrusTrace, a Stockholm-based software company with a market-leading platform for supply chain transparency and product traceability within the fashion, food and retail industries, today announces a $6 million growth investment led by Industrifonden and Fairpoint Capital, together with previous investors BackingMinds, and with support from Fashion for Good.  The new capital will be used to ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 10/14/2021 07:06 EDT

Finnish VCs are increasing international investments

Finnish venture capital investors are increasingly investing in companies outside Finland. Although investments are made in many different sectors, ICT companies have raised the most funding. Finnish investors participate especially in seed-stage investment rounds, which represent about half of all international investments made. In 2020, Finnish venture capital investors (later VC investors) invested a record ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup · 10/14/2021 06:46 EDT

The marketing world has increasingly become a world of marketing technology. However, marketers do not necessarily possess the technical knowledge to process terabytes of data generated by a campaign.Stockholm-based Funnel, addressed this problem by building a no-code platform to help manage that process.They have is announced $66 million in funding, a financing round that highlights ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup · 10/14/2021 05:51 EDT

One Plus co-founder Carl Pei raises extra $50M

After launching its first product in July this year (the Ear (1). Nothing, the audio tech company founded by Swedish One Plus co-founder Carl Pei, announced a “Series A Extension” of $50 million, bringing total investments to  $74 million. The extension follows a $15 million Series A announced in February. Nothing announced a $1.5 million ... Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 10/14/2021 01:00 EDT

Angel investors find healthtech more attractive than ever

While the fastest growing sector is currently biotech, Finnish angel investors find healthtech a more attractive investment prospect. Tesi’s investment director Joni Karsikas is pleased with Tesi’s and FiBAN’s latest research results, which indicate that in future years these sectors will offer attractive prospects for later-stage investment. Charting trends in angel investing, the study used a ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 10/13/2021 05:41 EDT

Climate-friendly solutions startup raises €500K

Polar Night Energy is a Tampere-based startup that designs and builds heat storages for renewable energy. The company raised about half a million euros in its just-completed round of financing. The funding is used to hire employees, develop products, and commercialize services. The successful financing round enables our market entry and leads us to a ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 10/13/2021 01:00 EDT

Swedish fintech company Centiglobe raises €5M over time

Confidus Venture Capital has reached an agreement to acquire an equity stake in Centiglobe, a Stockholm-based Fintech firm providing an Instant Global Payment platform. The total investment will “exceed EUR 5 million over the investment period,” the announcement confirmed. Centiglobe is an Instant Global Payment provider with a tech platform that allows financial institutions and international corporations ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 10/12/2021 09:02 EDT

Finnish startup uses AI to speed up scientific discovery

For AnalysisMode, the thought of running tests as a simulation – and have a Virtual Home Lab at your disposal seemed like an intriguing possibility. The Finnish company was one of the promising startups selected for the Health Incubator Helsinki program that started in the spring of 2021. Using the power of AI could be ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 10/12/2021 04:56 EDT

A €268 million fund to build greener cities

Six months after announcing the first close of its flagship fund, newcomer 2150 has announced the final close at an impressive €268 million. The fund has offices in Copenhagen,Berlin,London and is  backing startups on a mission to reduce carbon emissions via the medium of cities, which pump out CO2 at ever-growing rates as they develop. ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 10/11/2021 10:16 EDT

Investors bet on Swedish pet insurance company

Inventure announced leading a €2 million Seed round into Lassie, with participation from Passion Capital and angels Josefin Landgård and Stefan Lindeberg. Over the years, the Inventure says they’ve taken a look at many companies innovating in the insurance sector (most notably with Insurello and Omocom) and seen over and over again how the incumbents in the space are ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 10/11/2021 03:07 EDT

15.4% jump in their trading debut

Swedish caller identification firm Truecaller, made its trading debut at $6.82 per share on Nasdaq Stockholm, up 15.4 percent from the company’s listing price, giving the company a market cap of around $2.5 billion. Truecaller has priced its public offering at $5.91, corresponding to a market cap of $2.2 billion. The firm was looking to ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 10/10/2021 01:25 EDT

They raised the largest series A round in Europe

PVcase, a Lithuanian-based solar software provider, announced today that it raised more than $23 million USD in Series A funding, making this the largest solar software company fundraising round in Europe. Elephant led the funding round, along with existing investors Contrarian Ventures and Practica Capital. Founded in 2018, PVcase helps companies design, estimate, and optimize commercial and ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 10/09/2021 11:49 EDT

Fresh funds for this learning platform

Nordic venture capital company Sparkmind.vc has led a €900,000 pre-seed funding round for Freeed.com, the Finland-based teacher platform facilitating peer-to-peer support and professional development of teachers. This is the 8th investment for Sparkmind.vc’s €55m learning-focused venture capital fund. Other investors of the round include Supercell CEO Ilkka Paananen, angel investor Jouni Utriainen and Freeed founder ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 10/08/2021 06:22 EDT

Leading tech media gets acquired

Webrazzi, the main tech startup media in Turkey, has acquired Tech.eu, the long-time tech startup site in Europe. The pooled entity of Webrazzi and Tech.eu will now offer combined editorial, data and research platforms offering news and market intelligence. The terms of the deal were not disclosed. Launched in 2006 by Arda Kutsal, Webrazzi reaches ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 1 place · 10/07/2021 03:16 EDT

Over €1M invested in this marketplace

The largest European B2B pharmaceutical marketplace closed a venture seed round led by Practica Capital. Iron Wolf Capital, Pandos and a group of angel investors also participated in the funding round. Pipelinepharma is a B2B pharmaceutical marketplace that connects pharmaceutical manufacturers with distributors around the globe. The marketplace has already facilitated pharmaceutical product licensing, supply, ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 2 place · 10/06/2021 06:59 EDT

Vilnius-based speech analytics Oxus.AI raises pre-seed round

Vilnius-based Oxus.AI, a startup aiming to bring the advantages of speech analytics to sales teams working in any language in the world, has raised €800K. The pre-seed round saw participation from 70V, Startup Wise Guys, Grouport and a number of angel investors. The company has also secured €200K from Norway Grants. The company will be ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 10/06/2021 03:38 EDT

Swedish fintech company announces  €44.8 million round

Anyfin, the Stockholm-based fintech startup that lets consumers refinance existing loans and take control of their financial health, announced €44.8 million of funding to fuel its growth across Europe. New York-based investor FinTech Collective is leading the new financing round. Existing investors Accel, EQT Ventures, Northzone, and Global Founders Capital (GFC) also joined the round. ... Read more ›

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ArcticStartup
Mathieu Topsi @ ArcticStartup 3 place · 10/05/2021 10:04 EDT

GP Bullhound closes oversubscribed Fund V at €300m hard cap

Initially targeting €200m, GP Bullhound extended the fund size due to strong demand from tech entrepreneurs, family offices and institutions in Europe and the US. Moreover, 90% of all Fund IV investors followed into Fund V. Interest was further stimulated by the stellar performance of Fund IV. In only 2.5 years, it has more than doubled ... Read more ›

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ArcticStartup
Kristina Lagerstedt @ ArcticStartup 1 place · 10/05/2021 05:21 EDT

From scientist to entrepreneur: How my passion turned into a tech startup on a mission to fight one of the world’s top 3 global public health threats facing humanity

Like most entrepreneurs in the biotech and medtech space, I began my journey with a passion to create a better future for patients and the world of healthcare. I knew I wanted to have a career where I would work closely with other people and truly get to help people in one way or another. ... Read more ›

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