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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Jinan, the City of Springs, a metropolitan of 11,000,000 people and the capital of China’s second most populous province, welcomes European entrepreneurs to use the city as a gateway to entering the vast Chinese market, and has launched a special program to facilitate it. The 4th China (Jinan) New Growth Drivers International High-level Talents Innovation ... Read more ›
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Helsinki-based Veri said it has raised a $4 million pre-seed and seed round for expansion to the United States and for accelerating growth in Europe. The investment round in 2020-founded health tech, which has over 50,000 people on its waitlist, was led by PROFounders, accompanied by Lifeline Ventures, Accel and several angel investors, including Johannes ... Read more ›
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Latvia’s Nordigen said it has raised 2.1 million euros in funding from a set of new investors, aiming to burst the open banking hype bubble with a free API and give Tink, Plaid and Truelayer a run for their money. Nordigen’s new freemium business model – where value is created through data analytics – attracted ... Read more ›
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Helsinki-based eMobility API platform eMabler has raised €630,000 from Sofokus Ventures, Nidoco AB, angel investors, and Business Finland to continue developing and commercializing its software, and further drive growth in the Nordics and the rest of Europe. eMabler has developed a SaaS API-first platform for energy companies, EV operators, infrastructure service providers, and charge-point manufacturers ... Read more ›
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Returns on investment at Finnish venture capital funds founded after 2009 have increased to 20% showed a study of Finnish state investment firm Tesi. In a similar study in 2018, the returns were at 8%. “According to Tesi’s most recent survey of returns, the Finnish venture capital and buyout market is currently thriving.” TESI study ... Read more ›
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Only 0,4% of companies manage to scale their business. We at Maria 01want to increase this number and have thus partnered with the Nordic ScaleUp Academy to create a new Nordic growth program for scale-ups. The first program starts next Autumn and the call for companies is now open. The year long Nordic ScaleUp Academy ... Read more ›
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Finnish food waste online store Fiksuruoka.fi said it has raised a 19 million funding round led by Verdane to finance its growth in Finland and its international expansion into Europe. Last year the firm saw its revenues jumping to 12 million euros from 3.7 million a year earlier, and it has reduced food waste in ... Read more ›
0
We as a society have never discussed our mental struggles as candidly before, and that’s a good thing. It’s not just more discussion; we are definitely freaking out. Or at least slightly more anxious on average. Some of it is undoubtedly the result of changes in our information consumption, but to be honest, there are genuine ... Read more ›
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Vilnius-headquartered remote interpretation platform Interactio, which saw its sales grow 12-fold in 2020 thanks to the lockdowns around the world, said it has raised $30 million in one of the largest Series A rounds ever in the Baltic countries. “Our vision is to break down language barriers and make professional interpretation available to everyone. It ... Read more ›
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Latvia’s print-on-demand drop shipping firm Printful said it jas raised $130 million from growth equity firm Bregal Sagemount in a deal-making Printful the first-ever Latvian startup with the valuation of more than 1 billion. Printful gives merchants, artists, and other creators the opportunity to run e-commerce businesses without investing resources in production and logistics. The ... Read more ›
0
Longensis, a startup based in Latvia and Hong Kong, won TechChill pitching competition and took home 10,000 euros cash award. Longenesis enables biomedical organizations to reduce the length of clinical trials through direct communication for safe data curation and compliant, consent-enabled biomedical data utilization for research. “We considered the long-term impact, clarity of value proposition ... Read more ›
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Lithuania’s FOROS, which is offering a green investment platform for forest management and investments, said it has closed forest deals worth 18 million euros in Lithuania and it seeks to expand its operations to Latvia, Estonia and Finland. Globally close to 1 billion hectares of forest land is available for private investments. Within the last ... Read more ›
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Latvian startup CopyMonkey.ai, he creator of an AI-tool for content generation in e-commerce, won Emerge Challenge 2021 ahead of Russia’s Imin, Kazakstan’s CEREBRA North Macedonia’s AirCare and Estonia Enty. CopyMonkey.ai received an offer of up to €60,000 investments from AngelsBand (Belarus Business Angel Network, Emerge 2021 partners), which said it would also invest €100,000 in ... Read more ›
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Estonian deeptech startup LightCode Photonics, which is building a lower-cost offering for navigation of autonomous cars, said it qualified to top 1% at this year’s ActInSpace global innovation contest after it raised pre-seed funding round from angel investors. “We recognize LightCode Photonics for the breakthrough potential of their technology that can provide substantial improvements for ... Read more ›
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Swedish startup Instabox said it has acquired Red je Pakketje, Dutch market leader in same-day deliveries, and said it plans to install around 3,000 lockers in the Netherlands during the next two years, The deal follows Instabox’s  75 million euro B round earlier this year. The firm said it was growing at over 300%  year ... Read more ›
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The finalists of the Future Hamburg Award, Hamburg’s international startup award, have been announced: ten European startups with smart solutions for the city of the future have qualified for this year’s award shortlist. All of the finalists convinced the jury with their innovative strength and creativity, a unique business model and great potential for growth. ... Read more ›
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Finland’s Kodit.io announced its acquisition of Spanish startup Lucas, combining its automated home selling and buying offering with Lucas’ rent-to-own product, allowing first-time homebuyers to choose a property with only a 5% down payment. The acquisition will take the company’s headcount to over 100 people across offices in Finland, Spain, and Poland. Kodit.io will now offer ... Read more ›
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Finland’s Smartly.io unveiled its first acquisition buying Viralspace.ai, a “fast-growing startup focused on AI-driven creative optimization for digital advertising” for an undisclosed sum. Viralspace.ai, which was built by Stanford University graduates Hiro Tien, Apoorva Dornadula and Michelle Lu, uses AI to replace guesswork with data-driven decisions. By tagging custom creative elements for each brand ranging ... Read more ›
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Estonian President Kersti Kaljulaid and Government CIO Siim Sikkut made a global call to entrepreneurs who are searching for a way to test solutions to wicked problems in the real world. “Now we have a challenge for you. What if we give you a country for a year, what would you do with it?” Siim ... Read more ›
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Ecohelix, which has developed a method for producing environmentally friendly bio-polymers from residual products in pulp production, has raised 20 million Swedish crowns from Almi, Molindo Energy and a small group of private investors for product development, recruitment and to prepare the technology and the company for large-scale commercialization. Ecohelix solution helps the paper and ... Read more ›
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13% 6 |
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24.12.2025 07:26
Last update: 07:20 EDT.
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