Espoo-based quantum-algorithm developer QMill and Montréal’s ÉTS have formalized a strategic research partnership that brings together QMill’s industrial expertise in near-term quantum software and ÉTS’s growing academic strength in quantum-algorithm science. The collaboration will focus on co-developing, testing, and benchmarking algorithms designed for real-world use cases—particularly in sectors such as energy, logistics, and telecommunications—while enabling […] Read more ›
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Helsinki-based recommerce startup Renow has secured €1.8 million in seed funding to expand its AI-driven platform for handling product returns and second-hand goods across Northern Europe. The round was led by Greencode Ventures, with participation from Superhero Capital and Street Smart Capital. Renow’s service enables merchants to process and resell returned products through a combination […] Read more ›
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Traxlo, a Vilnius-based startup focused on task-based labor management, has secured €1.6 million in funding from investors including Coinvest Capital, Bad Ideas Fund, Plug and Play, NGL, DEPO Ventures, as well as returning backers Iron Wolf Capital and Antler. The company provides a platform that converts physical jobs—such as shelf restocking or warehouse unloading—into standardized, […] Read more ›
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Helsinki-based startup Nvelop has raised €1.2 million in a seed funding round led by Failup Ventures, with continued participation from Antler. The company develops an AI-native platform designed to automate and streamline enterprise procurement processes. Its system supports the full sourcing lifecycle, from drafting requirements and generating RFPs to evaluating proposals and managing contracts. With […] Read more ›
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Gothenburg-based deeptech company Embedl has raised €5.5 million in a pre-Series A funding round from Chalmers Ventures, Fairpoint Capital, SEB Greentech, Spintop Ventures, STOAF and Almi Invest. A spinout from Chalmers University of Technology, Embedl develops software that improves the efficiency of AI inference on embedded systems—reducing energy use and operational costs in sectors such […] Read more ›
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Espoo-based mining tech company Hypermine has completed its seed funding round, securing investment from Stephen Industries, Sage Enterprises, and an intellectual property contribution from VTT Technical Research Centre of Finland. The funding will support team expansion, customer growth, and the development of commercial operations. Hypermine’s core technology—a laser-based hyperspectral sensor developed at VTT—enables mine operators […] Read more ›
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Helsinki-based Linear has raised $82 million in a Series C round at a $1.25 billion valuation. The round was led by Accel, with participation from existing investors Sequoia and 01A, and new backers including Seven Seven Six, Designer Fund, Indie.vc, and others. The company plans to use the funding to integrate AI more deeply into […] Read more ›
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Copenhagen-based foodtech company Noahs has partnered with fuel retailer Q8 to introduce modular, tech-enabled kitchens at 75 service stations across Belgium and Luxembourg. The collaboration will begin with five pilot locations this autumn and aims to integrate Noahs’ digital infrastructure into Q8’s network, enabling multi-brand food offerings through automated kitchens and app-based ordering systems. The […] Read more ›
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Ovido, a Helsinki-based startup focused on supply chain and product data automation, has secured €2.4 million in seed funding. The round was led by Lifeline Ventures and Kvanted, with participation from Illusian and support by Business Finland. The company provides an AI-powered platform that helps manufacturers and suppliers manage regulatory compliance, product traceability, and sustainability […] Read more ›
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Vilnius-based Paynt, a European payment technology company, has acquired Canadian payment processor E-xact Transactions as part of its ongoing North American expansion strategy. E-xact, which handles over CAD 3.5 billion in annual transactions and supports major e-commerce platforms, will become Paynt’s operational base in Canada. The acquisition adds technical capabilities and market access as Paynt […] Read more ›
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AMLYZE has entered into a long-term partnership with Lietuvos centrinė kredito unija (LCKU), becoming the primary compliance technology provider for the LKU credit union group—Lithuania’s largest credit union network. Through this agreement, AMLYZE will deliver its full suite of anti-financial crime tools, including transaction monitoring, customer risk assessment, and screening for sanctions, PEPs, and adverse […] Read more ›
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Stockholm-based company Studio555 has secured €4 million in seed funding to develop a new application that combines elements of interior design with gaming mechanics. The round was co-led by HOF Capital and Failup Ventures, with additional participation from industry figures including Timo Soininen (Small Giant Games), Mikko Kodisoja (Supercell), and Riccardo Zacconi (King). Founded in […] Read more ›
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In the fast-paced and unpredictable world of startups, the path to success rarely follows a straight line. Many entrepreneurs begin with a bold vision, only to realize that their original idea doesn’t fully meet the market’s needs or scale as expected. When faced with such challenges, the most resilient startups don’t give up—they pivot. But […] Read more ›
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POS Finance, a Latvian fintech startup founded in 2024, has raised €140,000 in an extended pre-seed round from the Latvian Business Angels Network (LatBAN). The company provides revenue-based financing for small and medium-sized enterprises, allowing repayments tied to a percentage of a business’s weekly turnover instead of fixed monthly payments. This model is supported by […] Read more ›
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Find My Factory, a Stockholm-based company developing AI-powered supplier discovery tools for sourcing and procurement teams, has raised €1.18 million (SEK 13 million) in new funding. The round brings the company’s post-money valuation to nearly SEK 100 million and includes continued support from Evolante, a technical partner and shareholder. The platform uses machine learning to […] Read more ›
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Bought has partnered with technology company Wolt to introduce same-hour delivery for peer-to-peer transactions. The collaboration allows users to browse listings from nearby sellers—within a 7.5 km radius—and arrange courier delivery directly through the Bought app. Once a purchase is initiated, the seller selects a one-hour pickup window, and Wolt handles the logistics, delivering the […] Read more ›
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Swedish energy startup Engrate has raised a €2.5 million seed round to accelerate its mission of simplifying digital integrations in the energy sector. The round was led by global mobility and energy-focused VC Maniv, with participation from Eviny Ventures and Sweden’s Course Corrected. Founded in early 2024, Engrate provides a digital platform that streamlines system […] Read more ›
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Origin by Ocean, a Finnish biotech company, has announced a partnership with the German chemical manufacturer CABB Group to establish a biorefinery that will process invasive brown algae into industrial ingredients. The facility, to be built at CABB’s site in Kokkola, Finland, is expected to begin operations in 2028 and will use Origin by Ocean’s […] Read more ›
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Odense-based defence tech startup BlinkTroll has raised €1.5 million in a pre-seed round led by Nordic VC Final Frontier and a private Norwegian family office, marking a significant step forward for the Norway- and Denmark-based company. Founded by former Norwegian soldiers, BlinkTroll builds autonomous, wire-based moving target systems that simulate realistic combat scenarios — enhancing […] Read more ›
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Ecohelix, a Swedish biotechnology company, has been awarded €2.2 million through the EU LIFE Circular Economy and Quality of Life programme to support the market introduction of WOODMER® Seal, a biopolymer intended for use in heat-sealable, recyclable packaging. The funding will be used to expand formulation capabilities at the company’s demonstration facility, enabling the transition […] Read more ›
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Vilnius-based climate finance startup InSoil has secured a landmark €100 million partnership with Key Carbon, a major financier in the voluntary carbon market, to supercharge the adoption of regenerative agriculture across Europe. The deal will see Key Carbon finance InSoil’s core offering: zero-interest “Green Loans” for small and medium-sized farms. In exchange for adopting practices […] Read more ›
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Most popular sources
Business Insider
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31% 12 |
Gizmodo
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10% 1 |
CNET
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8% 5 |
Financial Times
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5% 2 |
The Verge
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5% 1 |
| View sources » | |
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13.12.2025 08:25
Last update: 08:10 EDT.
News rating updated: 15:12.
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