Estonian startup providing a SaaS fulfilment solution for medium-sized and large online retailers, Outvio, has closed a $3 million financing round led by Change Ventures, to finance its growth in Europe. “This round of fundraising, the first in Outvio’s history, will be used to expand the marketing and development teams, building on the success they’ve ... Read more ›
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Finnish contact centre software maker Leaddesk said it has acquired chatbot startup GetJenny in an all-shares deal valued at 2.1 million euros. GetJenny raised in 2019 a 2 million euros seed funding, and it had also raised pre-seed funding. In 2020, GetJenny’s revenue was €1.4 million with an operating margin of 19.6%. The company employs ... Read more ›
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You can now put your company forward for Accel’s 2021 Euroscape, the list of the top 100 SaaS companies across Europe and Israel. All information submitted is confidential and applications close on 31 August, 2021. If you want the chance to increase your company’s visibility across the ecosystem, APPLY NOW! It’s now five years since Accel launched ... Read more ›
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PayQin, a cross-border payment startup that operates a comprehensive e-wallet service for the underbanked in West Africa, has raised a new €300,000 seed investment round that takes the company’s funding up to $1 million. The company aims to reach one million daily transactions in a year and envisions a single payment area for the West African ... Read more ›
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Postoplan, an automated marketing platform for social media and messengers, said it has raised a $1.5 million investment round from lead investor TMT Investments, accompanied by YellowRockets. The 2020-founded company said it plans to spend the funds to strengthen its position on the U.S. market and to continue the development and improvement of the platform’s ... Read more ›
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Sweden’s Heart Aerospace, a company building a 19-seater electric airplane, has raised a $35 million Series A round led by Breakthrough Energy Ventures, United Airlines Ventures and Mesa Air Group Inc. In addition, Heart’s seed investors EQT Ventures and Lowercarbon Capital, have participated in the round.As part of the agreement, United and Mesa have together ... Read more ›
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Limina, maker of cloud-native Investment Management Solution (IMS) for mid-sized asset managers, said it has raised $3 million Series A funding, led by Nordic venture capital firm Industrifonden. Limina will invest the fresh capital into scaling its offering, including further product development and strengthening the expert-led services organisation that complements its technology solution. “The investment will ... Read more ›
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Logical Clocks, the Swedish company behind Hopsworks Feature Store with an end-to-end machine learning platform, has raised €5 million Series A investment round, led by Industrifonden with participation from Inventure, for expansion of the company’s commercial operations and footprint, particularly in the US market. “Too many companies working with AI struggle with disconnected teams and ... Read more ›
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Swedish VR games studio, Resolution Games, said it has closed a Series C funding round of $25 million. The round was co-led by Qualcomm Ventures LLC and BITKRAFT Ventures, followed by Knutsson Holdings AB. Resolution Games said it has seen a desire from the communities for live games, and hence, the studio plans to dedicate ... Read more ›
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Estonian startup Eurora Solutions today announced said it has closed a $3 million seed investment round, which was led by Change Ventures, to expand coverage of its e-commerce suite of customs compliance tools across 193 countries. Eurora said it was focusing on Chinese platforms to offer its software which dynamically assigns to e-commerce product transactions an appropriate ... Read more ›
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Sonarworks, the maker of precision audio software, said it has closed a $6 million funding round, which was led by Almaz Capital, to help fund the expansion of Sonarworks’ machine learning audio technology integration with consumer electronics devices globally.    The company said it would use the additional funding to expand internationally to the U.S. and ... Read more ›
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Sweden’s Klarna, which describes itself as “a leading global retail bank, payments and shopping service,” said it has acquired HERO, a social shopping platform with immediately shoppable content produced directly from retailers’ physical stores. The financial details of the deal were not disclosed. Klarna said it will introduce HERO to its 250,000 retail partners, allowing their ... Read more ›
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Single.Earth — a tokenization platform that enables forests, wetlands, and other planetary resources to generate profit for landowners by selling them as carbon and biodiversity credits, instead of raw materials — has raised a $7.9 million seed round, one of the largest seed rounds ever in Estonia. The round was led by EQT Ventures, with ... Read more ›
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Danish game development studio Invisible Walls, which is wrapping its 500,000 euros crowdfunding round on Funderbeam, expects its userbase will grow hundred times by the end of this year. “We estimate that by the end of this year we’ll have 10 million new users playing our games,” said Niels Wetterberg, CEO of Invisible Walls. “We ... Read more ›
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Loupedeck, the Helsinki-based creator of custom consoles, announced a 2 million euros investment from zVentures, the corporate venture arm of Razer, the world’s leading lifestyle brand for gamers. The investment will be used to further Loupedeck’s growth, building off the September 2020 release of the Loupedeck Live, the power console designed specifically with live streaming ... Read more ›
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Vilnius-based green investment platform FOROS has raised a €1.2 million investment round led by Iron Wolf Capital, 70 Ventures and CoInvest Capital, as it seeks to accelerate the development of its forest investment and management products, and to expand to Estonian and Finnish markets. The platform offers features that allow estimating the value of the ... Read more ›
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Imaguru Startup HUB unveiled a partnership with Google for Startups to expand its expertise in growing and supporting startups across Europe, and it plans to open several Hubs in Europe to build the bridge between Eastern European and Western European startup and venture communities. The main startup hub of Belarus, Imaguru, lost its long-time home ... Read more ›
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Skeleton Technologies said it has raised additional 29 million euros from Marubeni Corporation, a group of Adyen alumni and several European industrial financiers. The Estonian startup has raised a total of 120 million euros in the last 12 months. “Skeleton is growing fast and preparing for the next stage in the company’s lifecycle, that will ... Read more ›
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Longenesis announced its late seed round backed by a group of business angels led by Rustam Gilfanov, for a total of $1.2 million. The round was also joined by Ilya Suharenko, a private investor and one of the Managing Partners of LongeVC, bringing in 17 years of experience in traditional banking. Longines isco-founded by Insilico ... Read more ›
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Sony has acquired Finnish 1995-founded gaming studio Housemarque. “I have been a fan of Housemarque since the studio’s early days when they introduced Super Stardust HD to PlayStation fans. Housemarque’s recent release of Returnal proves the studio is one with incredible vision, capable of creating memorable new games that resonate with our community,” Hermen Hulst, head ... Read more ›
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24.12.2025 10:52
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