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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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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12.03.2026 07:06
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