EQT’s Public Value division has announced they’ve acquired 6.6 million shares of Swedish audiobook and ebook streaming service, Storytel. The purchase represents 9.7% of the shares outstanding making them the second largest shareholder. Storytel provides over 700,000 titles to consumers in 25 markets globally, streaming under the brands Storytel and Mofibo. “After 11 amazing years ... Read more ›
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The Arctic is a fascinating and complex geographical, meteorological and biological ecosystem whose impact is significant and far-reaching. From its highly transited shipping routes that connect the Atlantic and Pacific oceans to its role in regulating global temperatures, the Arctic is responsible for much of the way we live. The second CASSINI Hackathon will focus ... Read more ›
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Vilnius-based data science career school Turing College has raised a seed round of $1.05 million. The round was led by Iron Wolf Capital and will allow Turing College to expand their student base into the Dutch and Estonian markets. The company which was part of the Y Combinator W21 batch has now secured $2.5 million ... Read more ›
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Stockeld Dreamery, The Stockholm-based plant-based alternative food company announced a Series A round of €16.5M co-led by Astanor Ventures and Northzone. Alongside them in the round was Gullspång Re:food, Eurazeo, Norrsken VC, Edastra, Trellis Road and angel investors David Frenkiel and Alexander Ljung. Since Stockeld Dreamery was started in 2019, we’ve had some major scientific ... Read more ›
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LendSecured, the agricultural crowdfunding platform, has announced a brand merger with Lande, the credit platform for farmers. Lande operates in Latvia, and by merging with LendSecured, it plans to expand to Europe, with the Estonian market coming next by the end of 2021. Lande is a platform that supports farmers looking for financing to scale ... Read more ›
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Zervant, the invoicing software company headquartered in Espoo has been acquired by Danish Financial management group Ageras Group. Founders Tuukka Koskinen and Mattias Hansson were aiming to create a digital solution to help entrepreneurs get paid faster for their work. The product was Zervant – an intuitive and powerful invoicing solution tailor made for small ... Read more ›
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Stravito, the Stockholm-based knowledge management solution democratizing access to market research and insights, today announced a €12.4million ($14.6million USD) series A funding round. Endeit Capital led the round with additional investment from existing investors HenQ, Inventure and Creades. To date, Stravito has raised €20.1million ($23.7million USD). “It has never been more important for the world’s ... 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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12.03.2026 03:37
Last update: 03:30 EDT.
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