Espoo-based Prenew has secured €1.8 million in fresh funding to expand its refurbished gaming PC marketplace internationally and ramp up hiring in Finland. The round was led by Antler, with participation from Outlast VC, Silence VC, Nuard Ventures, and a syndicate of operators from Swappie, Wolt, Framery, and Just Eat. Prenew plans to use the […] Read more ›
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Tallinn-based AI startup BetterPic has secured $2.5 million in seed funding from MOC Capital and Shilling VC, joined by several tech and fashion industry investors. Founded in 2024, the company develops AI tools for professional photography and fashion, including BetterPic for headshots and BetterStudio for AI-powered fashion shoots. Having generated over 32 million images and […] Read more ›
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Anocca, a clinical-stage T-cell immunotherapy company based in Södertälje, Sweden, has secured $46 million (SEK 440 million) in new financing. The round was led by Mellby Gård with support from AMF, Ramsbury, existing shareholders, and new investors. The funds will be used to advance early-stage clinical trials of VIDAR-1, Anocca’s non-viral gene-edited TCR-T cell therapy […] Read more ›
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Northvolt, once Europe’s flagship battery manufacturer, has found a buyer for its remaining assets in Sweden and Germany after a turbulent bankruptcy process. Silicon Valley-based Lyten will take over the Northvolt Ett and Ett Expansion plants in Skellefteå, Northvolt Labs in Västerås, and the planned Northvolt Drei facility in Heide, along with all intellectual property. […] Read more ›
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Wolt is putting its sustainability mission into action by partnering with EIT Urban Mobility and Uny to launch NGSEED, a zero-emission delivery pilot in Warsaw, Prague, and Budapest. The Helsinki-based delivery platform will deploy Uny’s electric fleet, universal swappable batteries, and solar-powered backup stations to cut last-mile delivery emissions by 90% and slash operational costs […] Read more ›
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A landmark €3 billion proposal to establish the Baltic AI Gigafactory is gaining traction as Latvia, Lithuania, Estonia, and Poland join forces to build one of the most advanced artificial intelligence infrastructures in Europe. The consortium’s Expression of Interest, submitted to the European Commission in June, outlines a large-scale high-performance computing (HPC) hub designed to […] Read more ›
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Tartu-based startup Better Medicine has secured €1 million in pre-seed investment from Soulmates Ventures, with Specialist VC, UT Ventures and several angel investors also participating. The round takes the company’s total funding to almost €6 million, including European Innovation Council grants. Better Medicine develops artificial intelligence tools to assist radiologists, with its CE-certified BMVision Kidney […] Read more ›
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Saga Robotics has raised $11.2 million to expand the use of its Thorvald autonomous farming robots in the UK and US. The funding round brought in new backer Praesidium Agri-FoodTech alongside existing investors including Aker, Nysnø Climate Investments, Blystad, Hatteland, Melesio, Sanden, and MP Pensjon. Thorvald is already in use on more than 150 farms, […] Read more ›
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Saga Robotics has entered into a three-way data partnership with Bitwise Agronomy and Chambers Farm, aimed at integrating robotics, AI, and commercial farming practices in the UK’s strawberry sector. Saga’s Thorvald robots, already used for UV-C treatment on a significant share of the country’s tabletop strawberries, will now also collect detailed plant imagery twice weekly […] Read more ›
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VentriJect, a Copenhagen-based medical technology company, has raised €1.7 million in a funding round involving existing and new investors, including the Export and Investment Fund of Denmark (EIFO), TechStation | HardTech Innovation Hub, Investo Capital, and private investor Carsten Stendevad. The company develops the Seismofit device, which uses seismocardiography to estimate VO₂ max without exercise. […] Read more ›
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Gorilla Capital Fund III has invested in Remos Space Systems AB, marking its 32nd portfolio addition. Remos develops advanced ground systems that simplify satellite communications for small satellite operators, including modems, Earth-based ground stations, and mission control software. The company enables fast, secure, and cost-efficient satellite data management. The new funding, structured as a secondary […] Read more ›
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Delphinus Venture Capital, an Aarhus-based evergreen investment fund, has raised €80 million to finance research-driven startups in East and Central Jutland. Established by the Aarhus University Research Foundation, HEARTLAND, Norlys, and Salling Group, the fund will invest from pre-seed through scale-up stages, with a focus on companies emerging from academic and research environments. Newly appointed […] Read more ›
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Ulobby, a Copenhagen-based provider of software for Public Affairs teams, has appointed Sosun S. Breitenbach as its new chief executive officer, effective July 1. Breitenbach brings more than a decade of experience in the SaaS sector, combining expertise in public relations, public affairs, and business development. Her career has focused on bridging the gap between […] Read more ›
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Riva Money, a Helsingborg-based fintech, has raised $3 million in pre-seed funding to develop a cross-border payments platform that uses both blockchain and traditional payment infrastructure. The round was led by Project A and joined by angel investors from Revolut, Ebury, Monzo Bank, and J.P. Morgan. Founded by former Revolut and Wise employees, Riva aims […] Read more ›
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Kaunas-based startup GREÏ has raised €650,000 in a pre-seed funding round led by Baltic venture capital firm FIRSTPICK. The company develops an AI-driven platform that integrates with existing cameras and sensors at large physical sites—such as warehouses and factories—to provide real-time monitoring of operations, identify risks, and highlight inefficiencies. The new funding will support further […] Read more ›
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VILOX, the Helsingborg-based technology firm redefining how furniture and flooring are assembled, has secured a strategic funding round anchored by IKEA veteran Anders Moberg and Bergendahl & Son CEO Lars Ljungälv. The investor group also includes seasoned Nordic business leaders Lars Kongstad, Stefan Lundgren, and Daniel Koch, bringing deep expertise in industrial growth, capital markets, […] Read more ›
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Aira, a Stockholm-based clean energy technology company, has raised €150 million in equity financing from existing investors Altor Equity Partners, Kallskär, Kinnevik, Lingotto, and Temasek. Founded in 2023, the company develops and installs air-source heat pumps aimed at replacing gas boilers in residential properties. It currently operates in Germany, Italy, and the UK, employing around […] Read more ›
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Axiomatics, a Stockholm-based company known for its attribute-based access control (ABAC) solutions, has agreed to be acquired by Leonardo, the Italian aerospace and defense firm. The deal positions Axiomatics within a broader cybersecurity portfolio focused on Zero Trust architectures, aligning with increased demand for dynamic and fine-grained access control in high-security environments. Axiomatics’ technology—used by […] Read more ›
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Cellbox Labs, a Riga-based biotechnology company, has secured €3.3 million in non-dilutive funding to further develop its organ-on-chip technologies. The funding—partly provided through the EU’s IPCEI Tech4Cure initiative—will support several projects, including the validation of a scalable, patient-specific gut-on-chip system in collaboration with Altis Biosystems, integration of real-time O₂ and pH sensors, benchmarking biosimilar GLP-1 […] Read more ›
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Stockholm-based startup Flox has raised nearly $1 million in an oversubscribed seed round led by Unconventional Ventures, with participation from Norrsken Accelerate and existing investors including Almi Invest, E14 Invest, and Argand Partners. The company has developed an AI-powered device called Edge, which uses adaptive bioacoustics to communicate with wildlife in real time. Designed for […] Read more ›
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SNIPR BIOME, a clinical-stage biotech company based in Copenhagen, has raised €35 million in Series B funding to support the development of its CRISPR-based therapies targeting bacterial infections and antimicrobial resistance. The round includes new investments from the Cystic Fibrosis Foundation and Germany’s SPRIN-D, alongside returning investors Lundbeckfonden BioCapital, North-East Family Office, and Wellington Partners. […] Read more ›
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06.03.2026 22:42
Last update: 22:36 EDT.
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