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 ›
29
Finland’s Spinnova and pulp producer Suzano have launched the construction of their joint venture smart factory in Finland, taking the first step towards the ambition of scaling annual production volume to one million tonnes within ten years. The construction of the first factory, which will cost 22 million euros, has already started in central Finland ... Read more ›
0
Delibr said it has raised additional 6 million Swedish crowns to boost its growth from a group of investors including Storytel’s Jonas Tellander and Jonas Sjögren. Delibr provides a product development management tool that helps product managers deliver better functionality, faster. Since the pandemic outbreak began in 2020, Delibr has grown from 5 to 10 ... Read more ›
0
Estonian startup UP Catalyst said it has received 50,000 euros of seed money from the incubation programme of the European Space Agency (ESA BIC) for business and product development to develop oxygen production on Mars.  NASA has been preparing for human exploration of Mars for decades and plans to reach in 2030s, but the ... Read more ›
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Entrepreneurs will tell you: one of the biggest strengths of the Helsinki startup ecosystem is our highly active local angel network, FiBAN. These 600+ members are critical to our startup ecosystem because they function as the starter motor that gives our entrepreneurs runway to test out their ideas, provide a sounding board for ideas, and ... Read more ›
0
Vilnius-headquartered Vinted has raised 250 million euros Series F round — valuing the firm at almost 4 billion euros — for growing to new markets and expanding in over 10 markets it operates already. The 2008-founded Vinted has become the largest online C2C marketplace in second-hand fashion across Europe. Since Thomas Plantenga took over as ... Read more ›
3
Finland’s Howspace has closed a €12 million Series A funding round led by Forestay Capital and Inventure. The funding will be used to scale the core business and hiring to drive growth in North America and Central Europe. Organisations like The United Nations use Howspace to encourage and facilitate more engagement through digital channels in ... Read more ›
0
Estonian VC firm Siena Capital launched Siena Secondary Fund of up to 50 million euros for deal-making in the New Nordics (Baltics and Finland) area, providing liquidity to early investors, employees and founders. Siena said the new fund’s first transaction was a seven-figure deal in Bolt, where it acquired a stake from an early angel ... Read more ›
0
Swedish startup Einride, developer and provider of electric and autonomous freight mobility technology, said it has raised $110 million Series B funding to scale up deployments with Einride’s major customer base in Europe and the United States. “The road freight market is at an inflection point, with consumer demand and regulation pushing shippers to look ... Read more ›
0
Metacore, in whose Merge Mansion game 800,000 players renovate grandma’s mansion each day, said it has got a 150 million euros credit line from Supercell to further accelerate the growth of the game. The competition on App Store and Play Store charts is fierce and capital-intensive. Making it to the top requires both massive marketing ... Read more ›
0
ŌURA Health, the company behind the health tech wearable that provides daily personalized sleep and overall health insights, announced its Series C funding round of $100 million. Oura said funds will be used to invest in all areas of its business, including Software and Hardware Development, People, Research & Development, Marketing, and Customer Experience. “These ... Read more ›
4
Shares in privately-held Helmes, one of the largest IT services firms in Estonia, became tradeable on Funderbeam platform for employees who own shares through its options programme and other shareholders, in the first such scheme in European Union, Funderbeam said in a statement. Andres Kaljo, member of the Management Board at Helmes, said he sees ... Read more ›
0
Finland’s Aeromon said it has signed an agreement to form a joint venture with Norwegian drone firm Nordic Unmanned for providing mobile maritime emission monitoring services. The new venture, headquartered in Sandnes, Norway (like Nordic Unmanned) will be owned 60% by Nordic Unmanned and 40% by Aeromon. The largest client for the venture will be ... Read more ›
0
Swedish equestrian training app and collaboration platform Ridesum, whish has users in 80 countries, said it has raised 900,000 euros from private investors, Zenith Group and Hööks Hästsport to accelerate growth, expansion and continue to develop the product. We see great advantages in collaborations and synergies between the companies and now we take another step ... Read more ›
3
Supercell became the fastest falling brand in Finnish annual brand value ranking as the gaming firm continued to see falling revenues in a year when gaming industry boomed thanks to lockdowns, a study of Brand Finance showed. The mobile gaming brand saw its brand value decrease 34% to €655 million, also dropping five positions to ... Read more ›
0
Many people ask us where does Arctic15 name come from. Here is an answer. The name comes from the fact that originally Arctic15 started out as a pitching competition that was gathering the TOP 15 startups from the Nordic and Baltic region. The competition is up and running and is consistently finding successful startups. Arctic15 competition ... Read more ›
0
Yousician, the interactive music platform, closed $28 million Series B round of funding for future development of its platforms – Yousician and GuitarTuna which are used by 20 million people each month. Yousician said it will use the funding to develop its product offering to refresh its user journey, make key new hires, and invest ... Read more ›
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Funderbeam said has agreed to partner up with Europe’s top B2B startup accelerator Startup Wise Guys (SWG), giving all its present and future portfolio companies the opportunity to raise funds and trade on the Funderbeam marketplace. Funderbeam closed last month $4 million funding – which was led by Tim Draper, the early investor in Baidu, Hotmail, ... Read more ›
0
Dispelix has raised 10 million euros in equity and debt for manufacturing of the world’s thinnest and lightest waveguide displays, enabling all-day-wearable augmented reality (AR) glasses for consumers. The company raised €5 million in new equity from investors, and Flashpoint, a technology investment firm said it provided €5 million in venture debt financing. Dispelix will ... Read more ›
0
The City of Helsinki and Aalto University said they have agreed to establish a new incubator Urban Tech Helsinki for clean and sustainable urban solutions solving the challenges faced by modern cities. A special emphasis will be on clean energy, mobility, sustainable construction, the circular economy, waste management and urban food production, Helsinki said in ... Read more ›
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A Danish founding team is tapping into no-code trend with Userflow a tool allowing SaaS companies to better onboard and guide their users, leading to higher conversion and adoption. Founders Esben Friis-Jensen and Sebastian Seilund say they aim to make it easy and seamless to build no-code in-app onboarding without taking valuable time from developers. ... Read more ›
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Most popular sources
Business Insider
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20% 4 |
Tom's Hardware
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14% 6 |
Gizmodo
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10% 3 |
Vox
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9% 6 |
Slashdot
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7% 1 |
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24.12.2025 09:04
Last update: 08:55 EDT.
News rating updated: 15:51.
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