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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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 ›
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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 ›
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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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12.03.2026 05:26
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