Melt&Marble, a Gothenburg-based company specializing in fermentation-based fats, has secured a total of €2.76 million in EU grants to enhance its innovative sustainable fat production. The company received a €2.5 million grant from the European Innovation Council (EIC) Accelerator, marking it as one of 68 European deep tech startups selected from a competitive pool of […] Read more ›
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Female Invest, a fintech startup committed to enhancing financial literacy among women, has raised $11.2 million in a fresh funding round. Led by Vaultier7, the round also saw participation from Amex Ventures, Heartcore, and Zalando founder Robert Gentz. Launched in 2019 with headquarters in Copenhagen and London, Female Invest is gearing up for a significant […] Read more ›
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Bourgeois Bohème (BoBo), a Vilnius-based fintech startup, has secured €6.5 million in seed funding led by Graphit Lifestyle. The company offers a platform designed to manage the cash flow of ultra-high-net-worth individuals (UHNWI) and families, featuring capabilities like unlimited wire transfers, high-value card transactions up to €1,000,000, and asset management across various locations. BoBo aims […] Read more ›
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Oslo-based Fortifai has raised €502K in a funding round led by RunwayFBU, Startuplab, and Impact Shakers Ventures. The funding will support the company’s efforts to advance its platform for automating ESG (Environmental, Social, and Governance) regulatory compliance. Unlike traditional tools that focus on annual reporting, Fortifai aims to offer continuous ESG management, providing real-time insights […] Read more ›
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Copenhagen-based agricultural technology company Agrobiomics has raised €4 million from NOON Ventures to bring its climate resilience solution, Fortify, to the market. Fortify is designed to help plants withstand environmental stresses like drought and salinity. With earlier financial support of €1.4 million from the BioInnovation Institute, Agrobiomics plans to use this new funding to expand […] Read more ›
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Gothenburg-based startup Millow has secured a €2.4 million grant from the European Innovation Council (EIC) Accelerator and the SMEs Executive Agency (EISMEA) to scale production at its pilot facility in Gothenburg. This funding will help Millow, known for its meat alternatives made from 50% mycelium and 50% Swedish oats, to expand its production capacity and […] Read more ›
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Leasi, a construction tech company based in Trondheim, has secured €1.1 million in pre-seed funding. The round was led by Skanska, StartupLab along with Gnist Capital and Weseed. Leasi develops advanced software that consolidates and optimizes data for machine and equipment management in the construction industry, enhancing efficiency and reducing costs. This funding, including grants from […] Read more ›
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Stockholm-based Greenely has secured €8 million (SEK 90 million) in Series A funding, led by Belgian investment firm Korys and supported by existing investor Luminar Ventures. The company’s platform integrates various energy devices to help households manage their electricity use more efficiently and participate in grid balancing, with plans to extend its services to Norway […] Read more ›
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Tallinn-based fintech Enty has successfully secured €700,000 in a seed funding round to propel its growth and innovation. The investment, led by TMT Investments Plc, Trado Capital, and a group of angel investors, will support Enty’s mission to become the go-to solution for financial, invoice, and contract management for SMEs across Europe. Established as a […] Read more ›
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Leya, a Stockholm-based startup in AI-driven legal technology, has successfully raised $25 million in a Series A funding round led by Redpoint, with significant contributions from Benchmark, Y Combinator, Alt Capital, and Wayfinder Ventures. This infusion of capital will propel Leya’s mission to enhance legal productivity through advanced AI solutions. The funds will be allocated […] Read more ›
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Draupnir Bio, a Copenhagen-based biotechnology company, has secured €12 million in a seed round to advance its development of oral small molecule degraders targeting extracellular disease-causing proteins. This funding round includes investments from MP Healthcare and the Export and Investment Fund of Denmark (EIFO), alongside existing investors Gilde Healthcare Partners, Inkef Capital, and Novo Holdings. […] Read more ›
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Tallinn-based smart building tech company Bisly has secured €6.2M in a Series A funding round to expand its innovative emissions-reducing platform across Europe. The funding round was led by notable investors, including Foxway founders Urvo Männama and Paul Padrik, along with Aconterra, SmartCap Green Fund, Pinorena Capital, and several angel investors. Bisly’s platform integrates hardware […] Read more ›
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Copenhagen-based Again has raised $43 million in a Series A round co-led by GV and HV Capital. The funding will support the development of Again’s bioproduction processes, which convert waste CO₂ into commercial-grade chemicals. The company’s technology, based on research from the Danish Technical University, Stanford, and MIT, aims to reduce carbon emissions in the […] Read more ›
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Oslo-based Heimdall Power has secured $25 million in a Series B funding round, led by Orlen, NRP Zero, and the Steinsvik Family Office. Existing investors, including Investinor, Eviny, Hafslund, Lyse, and Sarsia Seed, contributed an additional $8.5 million. Established in 2016, Heimdall Power develops software and sensors for monitoring power lines, aiming to increase transmission […] Read more ›
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Maurten, the Swedish innovator in sports nutrition, has successfully raised €20 million in a recent funding round led by international growth equity fund IRIS Ventures. Known for its disruptive approach to sports fueling through patented Hydrogel Technology, Maurten’s product lineup includes Drink Mixes, Gels, and the Maurten Bicarb System. The funding round also saw participation […] Read more ›
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Helsinki-based Onego Bio has announced a significant funding boost of €14 million from the European Innovation Council (EIC) Accelerator Program and additional Series A investors. This new funding round brings Onego’s total capital raised in 2024 to €50.5M ($55M), elevating their overall funding to €65M ($70.8M). Specializing in producing Bioalbumen®, a bio-identical egg protein, Onego […] Read more ›
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Oinride, a Tampere-based pioneering force in mobile robotics solutions for the mining industry, has successfully raised €345K pre-seed investment. The funding round includes a significant €200K contribution from EIT RawMaterials, a prominent European initiative dedicated to supporting innovation in the raw materials sector. This substantial financial boost will enable Oinride to accelerate the development and […] Read more ›
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Tallinn-based fintech company Mifundo has secured €2.5 million in grant funding from the European Innovation Council (EIC) Accelerator program, becoming the first fintech to receive full funding from this initiative. Mifundo is developing an AI-based data platform that enables the transfer of credit profiles across borders, helping banks and creditors assess the credit risk of […] Read more ›
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Riga-based Jeff App, a data-driven financial marketplace operator for emerging economies, has raised $2M in late-seed financing led by Presto Ventures. Existing investors such as the specialist data and AI fund J12, and high-profile angel investors Jean Pascal Duvieusart, Ladislav Bartonicek, and James Berdigans also participated. The new funding will support Jeff’s expansion into India […] Read more ›
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Vilnius-based startup Joiner App, a socialization platform designed to combat loneliness, has experienced a remarkable 10-fold growth in its user base, expanding from 1,000 to over 12,000 users within a month. Recently, the company raised over half a million euros from Lithuanian angel investors and marketing advisors from Ogilvy Vilnius. Co-founded by Eduard Titov and […] Read more ›
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Most popular sources
Business Insider
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26% 6 |
Tech Wire Asia
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9% 0 |
The Verge
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8% 1 |
Eurogamer.net
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7% 4 |
Tom's Hardware
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6% 3 |
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27.11.2024 13:32
Last update: 13:25 EDT.
News rating updated: 20:20.
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