10Lines, the Estonian startup that develops autonomous parking lot and road marking robots, has raised a seed round of €700,000, led by early-stage VC Tera Ventures, with co-investment from US investor Perot Jain. 10Lines has developed technology for parking lot and road marking that will allow operators to replace the existing manual process with an ... Read more ›
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Swedish trademark protection startup Digip has raised a €2 million funding round led by Industrifonden as it seeks to grow the business to a global level. “Almost all business across the world is moving into the digital arena to some extent and as a result, the likelihood of encountering brand misuse is skyrocketing. In fact, ... Read more ›
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Visa said it has agreed to acquire Tink, a Swedish open banking platform, for 1.8 billion euros. Through a single API, Tink allows its customers to access aggregated financial data, use smart financial services such as risk insights and account verification and build personal finance management tools. Tink is integrated with more than 3,400 banks and financial ... Read more ›
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Norwegian AI startup Memory, which builds software to help businesses make dramatically better use of their time, announced an investment of $14 million led by Melesio and Sanden, with participation from existing investors Investinor, Concentric and SNÖ Ventures. “Melesio and Sanden will fit perfectly into that mix; the speed and execution with which the team ... Read more ›
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Icelandic venture capital firm Frumtak Ventures announced its third fund, Frumtak III, a $57 million general fund focused on post-seed and Series A startups. Frumtak is known for funding Nordic-born companies such as digital banking solutions provider Meniga, digital therapeutics scaleup Sidekick Health, Cold Chain as a Service logistics visibility and monitoring provider Controlant, travel CRM and travel booking system provider Kaptio, live ... Read more ›
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Ignium, which is building a digital capital market for small and medium-sized companies, has reached its financing target and wrapping its two-platform campaign at around 1 million euros in the coming days. “Although the public raise was made to respond to the request of users, we were still positively surprised to see such an interest,” ... Read more ›
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Finnish startup Contract Mill said it has raised over 1 million euros from Swiss investment company Actium AG, Veenay Shah, founder of HighQ, and other investors to further expand its operations in the UK and Europe. Contract Mill defines itself as a no-code document automation SaaS platform that is the first in the world to ... Read more ›
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Uppsala-based Strike Pharma, which is developing a new efficient cancer treatment, has raised a round of close to 10 million Swedish crowns from Almi Invest and private investors to fund the development of a first version of the drug. Strike Pharma has developed a completely new technology for a new individual-based cancer treatment, which, based ... Read more ›
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SNÖ Ventures, a Norwegian venture capital firm, launched a new fund targeting $100 million to invest in early-stage, high-growth Nordic tech companies with the potential to disrupt, create or capture large markets through transformative technology or solutions. Peter Thiel has also joined SNÖ as an investor and Strategic Partner and is accompanied by an international ... Read more ›
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Trondheim-headquartered Orbital Machines, an inventor of a standardized electric propellant pump for space launch vehicles, has reached its minimum 300,000 euros target on Seedrs with two weeks of crowdfunding still remaining. “We are dependent on the equity crowdfunding campaign to respond to our customer traction. The campaign lasts for 14 more days, and as we overfund, more ... Read more ›
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Tallinn-headquartered Xolo, an online platform for launching and running one-person businesses in Europe, said it has launched its localized service in Spain, and plans to launch in five other countries in 2021-22, supported by additional 3.2 million euros it has raised this year. The pandemic has given rise to a boom in single-person startups, increasing ... Read more ›
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Swedish e-bike maker Vässla said it has raised $11 million to finance the launch of its Vässla Club rental platform for individual users, delivery drivers, and businesses. The funding was led by Swedish investment group, Skabholmen Invest, which has backed companies including nautical clothing brand Henri-Lloyd and leading digital signage company, Zeta Display. Among other ... Read more ›
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The Future Hamburg Award 2021 was presented as part of a digital awards ceremony at the International Innovation Day by Plug and Play Hamburg. The winners of this year’s award are Breeze Technologies, traceless materials, and Infinite Mobility. Based in Norway and Germany, these three impact startups convinced the Future Hamburg Award’s expert jury with ... Read more ›
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Pixieray, whose founders include some of the key members of VR startups Varjo, introduced its pioneering optical solution to eyeglasses and unveiled $4.4 million seed funding. Pixieray’s adaptive eyeglass lens solution constantly adjusts the focal point, applying the ideal correction. This reduces eye strain and substantially increases user comfort compared with traditional eyeglass lenses which ... Read more ›
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Turku-based bioprinting startup Brinter said it has closed €1.2M seed funding round led by early-stage VC Innovestor as it seeks to expand its operations internationally in Europe and the United States. The 2019-founded Brinter aims to put bioprinting within reach of every pharmaceutical company, hospital, university, and research center. It said it saw fast market growth as accelerated ... Read more ›
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Guest Experience Management platform for restaurants, Superb, raised €12 million in a Series A funding round for international expansion from a group of investors led by Swedish investment company Kinnevik . Kinnevik was an early-investor in food waste technology solution Karma, as well as Vivino, the online wine marketplace and app, and Simple Feast, the ... Read more ›
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Finnish online rewards platform Bonusway said it has completed its acquisition of Danish market leader Eovendo and acquisition of Mijnkorting.nl in Netherlands. The 2012-founded Eovendo has been the pioneer and innovator of the Danish cashback market. Mijkorting.nl has built a strong voucher code and cashback business with a strong and loyal user base. “For Eovendo, ... Read more ›
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Finnish light electric vehicle designer Skand has raised €845,000 in an equity round using crowdfunding platform Invesdor after it raised its maximum funding target from 300,000 euros. In addition to equity funding, Skand received a bank loan worth €1M to accelerate its expansion goals in Norway, Denmark and Germany. “We are thrilled that so many private investors saw Skand’s products ... Read more ›
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Swedish health tech Suturion, which is developing a kind of post-surgery sewing machine, has raised 14 million crowns from private investors and Almi Invest for product and market development until the first clinical trial. In abdominal surgery today, the surgeon sews the abdomen together manually. In too many cases, this closure is not of high ... Read more ›
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Finnish telehealth provider Medixine said it has raised a €2.9 million round led by a crowdfunding campaign organized by Springvest as it seeks to expand in Britain and in continental Europe. The COVID-19 pandemic has dramatically increased the need for remote healthcare solutions as healthcare service providers have been forced to adopt new, modern solutions at an accelerated ... Read more ›
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7% 0 |
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24.12.2025 10:52
Last update: 10:45 EDT.
News rating updated: 17:40.
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