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ArcticStartup
Tarmo Virki @ ArcticStartup 1 place · 05/05/2021 04:22 EDT

Swedish horse tech startup Ridesum raises 900,000 euros

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 ›

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ArcticStartup
Tarmo Virki @ ArcticStartup · 05/05/2021 03:29 EDT

Supercell drops out of Top10 Finnish brands

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 ›

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ArcticStartup
Vedat Öndas @ ArcticStartup · 05/04/2021 06:09 EDT

Apply For NewCo Accelerator Pitching Competition at Arctic15

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 ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 04/29/2021 10:11 EDT

Finnish music learning app Yousician closes $28 million B round

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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ArcticStartup
Tarmo Virki @ ArcticStartup 2 place · 04/29/2021 09:45 EDT

Funderbeam, Startup Wise Guys agree on partnership

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 ›

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ArcticStartup
Jan Ameri @ ArcticStartup 3 place · 04/29/2021 07:45 EDT

Finland’s AR glass display firm Dispelix raises 10 million euros

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 ›

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ArcticStartup
Tarmo Virki @ ArcticStartup 1 place · 04/28/2021 03:59 EDT

Helsinki, Aalto launch Urban Tech incubator

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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ArcticStartup
Tarmo Virki @ ArcticStartup 2 place · 04/28/2021 02:34 EDT

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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ArcticStartup
Tarmo Virki @ ArcticStartup 1 place · 04/26/2021 20:44 EDT

Want to live longer? Take up the challenge of this Riga VC fund

Riga-based 35 million euro longevity-focused venture capital fund LongeVC launched an in-house acceleration programme for professionals with education and work experience in the biotech industry, aiming to create high-quality startup teams. “The venture capital fund LongeVC has created its own accelerator. This means that from time to time LongeVC will define verticals that we see ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup 1 place · 04/26/2021 07:07 EDT

Swedish deeptech IP startup IamIP raises funding

Cloud-based IP (intellectual property) solutions provider IamIP said it has raised an investment from Black Pearls VC without defining any details of the investment round. The intellectual property industry is plagued by complexity with over 3.3 million new patents filed every year, and over €17 billion is lost in double work in R&D in Europe ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup 1 place · 04/22/2021 03:00 EDT

Finnish recruiting platform Jobilla raises 2.16 mln euros

Finnish talent acquisition startup Jobilla said it has closed a 2.16 million euros funding round led by Trind VC for expansion to new markets and product development. This latest investment round will fuel further expansion in Germany, Austria, and the Netherlands, while also scaling up the company’s operations in the USA. The funding, of which ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup 2 place · 04/22/2021 01:01 EDT

Estonian team to launch green investment platform GrĂĽnfin

Estonia’s Grünfin, a sustainable investment platform created by a team of mostly early Transferwise employees, opened a waitlist on April 22 as it prepares for launch later this year. Grünfin was founded by two mothers, Karin Nemec and Triin Hertmann, who saw how difficult it was for anyone to create a sustainable, values-based investment portfolio ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup 1 place · 04/21/2021 03:00 EDT

Why sustainable Stockholm is leading the way in impact investments

When Swedish startup Klarna raised $1 billion in March, it put $10 million aside for a yet-to-be-launched new initiative that focuses on the key sustainability challenges worldwide.  Sebastian Siemiatkowski, cofounder of the most valuable startup in Europe, said it was time for Klarna to tackle bigger, more complex issues than global payments. “I believe our industry ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup 2 place · 04/21/2021 01:02 EDT

Estonian HR tech startup VideoCV raises €410,000 pre-seed investment round

VideoCV, a startup offering simple, transparent, and personality-based hiring solutions, said it has raised 410,000 euros in the pre-seed investment round from Zenith Family Office, EstBAN, and several other investors to enter new markets and further develop its product. VideoCV is an Estonian-based B2B start-up, offering an AI-powered video screening tool to screen and manage ... Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 04/20/2021 15:57 EDT

Deep Tech Goes Digital – €250,000 prize up for grabs to help you scale

Deep Tech is on the rise and making a bigger and bigger impact on our daily lives as we as a humanity need to solve various major challenges. Scientists, researchers and engineers put a lot of work into coming up with amazing solutions on multiple fronts. But they cannot do it alone and need support ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup · 04/20/2021 06:16 EDT

Finnish startup investments almost doubled in 2020, topping $1 bln first time ever

Driven by large investment rounds of HMD, Wolt, ICEYE and Varjo investments in Finnish startups grew 88% last year from a year ago, with the firms raising higher ever amount of 951 million euros ($1.15 billion), Finnish Venture Capital Association said. “Due to the successful cooperation between entrepreneurs and investors, Finland is one of the ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup · 04/20/2021 05:52 EDT

Stockholm Water Technology raises 10 mln crowns

Stockholm Water Technology (SWT), which offers smart, clean and sustainable water purification solutions primarily for industrial use has raises 10 million Swedish crowns in funding for going to the market and product development. Investors in the financing round included Almi Invest and the private investors STOAF III SciTech and SEA (Sustainable Energy Angels). Stockholm Water ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup 2 place · 04/20/2021 05:41 EDT

Helsinki’s Icebreaker.vc raised funds of 120 million euros

Icebreaker.vc said it completed the final closing of its second fund at 100 million euros and also raised a separate 20 million fund that will be used to continue investing in its Fund 1 portfolio companies. The teams backed in Icebreaker’s first fund over 2017-2019 have so far turned 6 million euros of initial investment ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup · 04/19/2021 17:46 EDT

Belarus dictator closes Imaguru, the main Minsk startup hub says

The main startup hub of Belarus, Imaguru, said it would become homeless as it has to move out from its current premises by April 30 as its landlord has terminated the lease due to “an order from above”. “The Belarusian regime shuts down the space of free-thinking innovative entrepreneurs and the birthplace of a large ... Read more ›

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ArcticStartup
Tarmo Virki @ ArcticStartup · 04/19/2021 10:02 EDT

Sweden’s NA-KD raises 40 mln euros from Ernström and others

Sweden’s NA-KD said it has raised 40 million euros from Ernström & Co and its existing shareholders for expansion to new markets and business areas. NA-KD saw its sales almost tripling in 2020 to 2 billion crowns from around 700 million a year before, and it almost reached full-year profitability. “In 2021, NA-KD will continue ... Read more ›

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