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 ›
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Wirepas, a Finnish company on a mission to change enterprise IoT, announces an injection of funds aimed at accelerating the development of the world’s first purpose-built non-cellular 5G technology. Shortly after announcing the product and new standard in May, Wirepas, currently working with several world-leading clients, has seen an increase in interest and demand from ... Read more ›
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Leapwork, the Copenhagen based no-code software test automation platform, secured a 62 Million investment, becoming the largest series B round in the history of Denmark, at a 312 Million valuation. The round was co-led by KKR & Salesforce venture, supported as well by existing investors DN Capital & Headline. This brings the company’s total investment ... Read more ›
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Briqpay, Stockholm-based, seamless B2B checkout solution company raised a €2 million seed round from eEquity adding to an initial €600K pre-seed round, totalling current investments to €2.6 million since the company’s launch in November 2020. Briqpay provides solutions to make B2B sales seamless online. Their payment integration automates the process end-to-end, from creating an account ... Read more ›
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Playtika, Israel-based gaming company announced that it is acquiring Helsinki-based mobile apps company Reworks Oy in a deal potentially valued to up to $600 million. Playtika will purchase 80% of Reworks for $400 million in cash and the remaining 20% of Reworks for up to $200 million, based on agreed-upon earning targets, as defined in ... Read more ›
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Finding your seed VC can be a daunting task for many startups, but it doesn’t have to be. Jyri Engerström from Yes.vc gave us a few tips during his keynote at Arctic15 Helsinki in June 2021. 1- Traction The first step is showing traction, whether that is in terms of growth or fundraising. Nothing beats ... Read more ›
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Memby, the Lithuania-based tutor portal for high schoolers, said it has closed a $1 million financing round led by Change Ventures as it seeks to further develop Memby’s platform and expand its services across Greece and Poland. The pre-seed round is joined by Brighteye Ventures and the MJJ Foundation, as well as angel investors Justas ... Read more ›
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Finnish mobility-as-a-service platform MaaS Global — which combines public transport, taxis and other means of transport to one platform — said it has grown its B round by an additional €11 million from a combination of new and existing investors, growing its B round to 40.5 million euros. The funding round saw Ferrovial and Tesi ... Read more ›
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Vilnius-based crowdfunding rental property investment platform InRento said it has raised 530,000 euros investment round for expansion to new markets. The first destination is Spain, where they will open retail investors a possibility to invest in prime touristic rentals along the Mediterranean Coast and mountains of Iberia. “During the last 12 months, we have grown ... Read more ›
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BoardClic, a Swedish company selling a SaaS-based product for digital board and management team evaluations, said it has raised a 1.6-million in a seed round led by Subvenio Invest to finance investments in product development and to accelerate the company’s rapid expansion both in the Nordics and internationally. All existing owners such as Curitas Ventures, ... Read more ›
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Melt&Marble said it has raised a seed round of €750,000 led by Nordic FoodTech VC to kickstart the company’s new mission of providing delicious and sustainable fats for plant-based foods. Other investors include Paulig’s venture arm PINC, Purple Orange Ventures, and Chalmers Ventures, it said. There is still a taste gap between plant-based and animal-based ... Read more ›
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On Wednesday, 25 startups participated in Kiuas Demo Day 2021,the final show of Kiuas Accelerator – showcasing the 25 most promising early-stage startups in the Nordics & Baltics. Despite being in the midst of a challenging year, Kiuas accelerator proved to be impressive this year by having their first international batch, having companies from Sweden, ... Read more ›
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Vilnius-based booking app for beauty industry, Watalook, said it has raised $1 million for its U.S. expansion from a pre-seed funding round which was co-led by Startup Wise Guys, Crosspring, Launchpad Capital, and angel investors. Watalook provides client self-booking, calendar that fills in the free time gaps first, sends automated text message updates and reminders ... Read more ›
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Stockholm-based fintech company Invoier, which has built a marketplace for the trading of invoices, said it has secured a 4.1 million euros equity funding by EU’s innovation organization, the European Innovation Council (EIC) Fund. The marketplace is built on a unique AI-based risk assessment method, making it possible for professional investors to enter a new asset ... Read more ›
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Norway’s Gelato, which enables e-commerce entrepreneurs to produce and ship creations on-demand in the end-customer’s market, achieving fast order-to-delivery times with little to no inventory or investment, said it has raised $240 million in a new funding round which values the firm at just over $1 billion. The investment current round was led by New ... Read more ›
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Estonian legal tech startup HUGO.legal said it has won an order from the Estonian Ministry of Justice worth up to 3.5 million euros for providing an infrastructure to offer affordable legal services for Estonian residents, while it was gearing up to raise 1.5 million euros to finance the expansion to new markets in the EU ... Read more ›
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Rovio, the creator of Angry Birds, said it has agreed to buy all shares in Turkish firm Ruby Games, the creator of Hunter Assassin, the sixth most downloaded game in the world in 2020. Rovio will at first acquire 20% of Ruby’s shares for $10 million in cash this year, and the cost of the ... Read more ›
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Remato, a tech startup that aims to make frontline construction management seamless, said it has raised $1.7 million seed investment round, led by London-based Passion Capital. Additional investors in the financing round include founders and early team members of Pipedrive along with venture funds Superangel, Lemonade Stand, Spring Capital, and Kaamos Group – a long-standing ... Read more ›
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Are you a seed-stage startup looking for a chance to win €20K? Then you should pitch online at Oslo Innovation Week 100 Pitches Event! Oslo Innovation Week (OIW) is an annual conference concentrating on connecting pioneering entrepreneurs, founders, investors, and business leaders. The event puts actions and inspiring ideas for bold and new innovation under ... Read more ›
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Finnish startup Innomost said it has raised €5 million from private and public funds to bring its birch bark innovation into new markets as a sustainable alternative for environmentally harmful ingredients in consumer products. The funding round was led by Metsä Spring Ltd. with Innovestor and angel investors joining the round. The round was completed with grants and loans from Business Finland ... Read more ›
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Estonian startup Bolt said it has raised 600 million euros funding round, increasing its valuation to more than €4 billion to boost its new grocery delivery service, Bolt Market, and accelerate the expansion of existing mobility and delivery products. In January Bolt’s Finnish peer, Wolt unveiled a $530 million round of financing following its rapid expansion ... Read more ›
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24.12.2025 05:53
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