Oulu-based materials company Brightplus has secured €2 million in funding to advance the industrial scaling of its recyclable, bio-based textile coatings. The round was led by impact-focused investor Collateral Good and supported by Butterfly Ventures and other future-driven partners E.A.T. Holdings, FF-Future/Finnfoam AB, Nordic Option Oy, and FutureLab X. Brightplus develops coatings using its proprietary […] Read more ›
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Tallinn-based Jälle Technologies has secured €2 million in pre-seed funding to further develop its battery recycling and material upcycling processes. The round includes equity investments from Kiilto Ventures, 2C Ventures, EIS, KIK (Environmental Investment Centre), and angel investors Andrus Purde and Priit Viru, as well as grants from Enterprise Estonia (EIS) and the Environmental Investment […] Read more ›
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Quadsat has raised a €5 million extension to its Series A round, led by Join Capital and North Ventures, alongside existing investors Seraphim Space, Export and Investment Fund of Denmark (EIFO), Helge Munk Holding and TPC Management. Based in Odense, Denmark, the company develops platform-agnostic RF spectrum intelligence and geolocation technology used in satellite communications […] Read more ›
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Copenhagen-based Kiku has raised €4 million in seed funding to accelerate its AI-driven recruitment platform for high-volume frontline hiring. The round was led by Cherry Ventures, with participation from Yellow and angel investors Fredrik Hjelm and Felipe Navio. Kiku addresses inefficiencies in the $100B+ frontline hiring market—where high turnover and lengthy recruitment cycles are the […] Read more ›
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Just eight months after launching, Stockholm-baseed Lovable has raised a record-breaking $200 million Series A round at a $1.8 billion valuation, led by Accel and backed by 20VC, byFounders, Creandum, Hummingbird, Visionaries Club, and several prominent angel investors. The London-based startup is building an AI platform that enables anyone—regardless of coding experience—to design, build, and […] Read more ›
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Ageras, the Copenhagen-based software platform for small business administration, has acquired Dutch payroll software company Employes in its eighth acquisition to date. Founded in 2018, Employes provides do-it-yourself payroll tools tailored to the Dutch regulatory system and serves more than 6,000 businesses. The deal strengthens Ageras’ presence in the Netherlands and adds payroll capabilities to […] Read more ›
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Semine, a Norway-based provider of AI-driven accounts payable automation, has merged with expense management platform Rydoo. The deal, announced on July 14, brings together two SaaS companies focused on financial process automation. While the terms were not disclosed, the merger is expected to expand Semine’s reach beyond the Nordic region by leveraging Rydoo’s international footprint. […] Read more ›
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Opper AI, a Stockholm-based startup, has closed a €2.5 million pre-Seed round to support the launch of its Task Completion API, a platform designed to help developers deploy large language models (LLMs) in production environments. The round, which was oversubscribed, included investments from Luminar Ventures, Emblem Venture Capital, Greens Capital, and several angel investors. Opper […] Read more ›
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Oslo-based fintech company Two has raised €13 million in a funding round led by Idékapital and Shine Capital, with participation from new investor Investinor and existing backers including Sequoia Capital, Antler, and LocalGlobe. The company, which has now raised over €40 million in total, is building TwoNet, a real-time trust infrastructure designed to simplify B2B […] Read more ›
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Tallinn-based Vok Bikes has raised $6 million in a Series A funding round led by SQM Lithium Ventures, the corporate venture arm of global lithium producer SQM International Lithium. Existing investors Metaplanet, Specialist VC, Sunly, and state-backed SmartCap also participated, the latter through its Green Fund supported by the EU’s NextGenerationEU recovery plan. Vok develops […] Read more ›
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Copenhagen-based startup GetWhy has raised an additional €17 million in funding, extending its Series A round and positioning it among the largest early-stage financings in Denmark. The round was led by PeakSpan Capital, with participation from Arbejdernes Landsbank. GetWhy develops generative AI tools that analyze video-based consumer interviews to deliver insights for enterprise clients. The […] Read more ›
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Kaunas-based medical technology company BrachyDOSE has secured €554,000 in funding to conduct clinical testing of its radiation dose measurement system used in cancer treatment. The round was led by Coinvest Capital, contributing €300,000, with additional investment from BSV Ventures, as well as business angel groups LitBAN and EstBAN. BrachyDOSE develops a combined hardware–software solution designed […] Read more ›
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Actithera, an Oslo and Cambridge-based biotech company focused on radioligand therapies, has closed a $75.5 million Series A financing round to support the clinical development of its lead fibroblast activation protein (FAP)-targeting candidate and further build out its discovery platform and preclinical pipeline. The round was co-led by M Ventures , Hadean Ventures, Sofinnova Partners and […] Read more ›
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Nordic venture capital firm Alliance VC has announced the first close of its third fund, Alliance Nordic III, with backing from leading institutional LPs including Saminvest (Sweden), KLP (Norway), Investinor (Norway), Smedvig (Norway), and Telenor (Norway). The fund aims to deploy €100 million to early-stage tech startups across the Nordic region, with a core focus […] Read more ›
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Steady Energy, a Finnish nuclear technology company focused on heat-only small modular reactors (SMRs), has closed a €32 million funding round. Investors include Finnish institutions such as Tesi and LocalTapiola, as well as international firms like Move Energy, Valo Ventures, and 92 Capital. The funding will support the construction of a full-scale, non-nuclear pilot plant […] Read more ›
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Stockholm-based defence technology startup Nordic Air Defence (NAD) has raised an additional $3 million in a pre-seed funding round led by VC firm Inflection, bringing the total raised to $4.4 million. The company develops drone defence systems aimed at reducing European reliance on foreign suppliers. The funding will support the development and production of its […] Read more ›
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Stockholm-based Techarena has secured over €1 million (SEK 12 million) in funding from BackingMinds to accelerate its international expansion. Known for convening startups, investors, and thought leaders through flagship events like Techarena Challenge and Time to Raise, the platform has seen 600% revenue growth in three years and hosted over 18,000 participants in the past […] Read more ›
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The Norrsken Foundation has pledged €300 million to support European startups developing artificial intelligence tools aimed at addressing large-scale societal and environmental challenges. The funding will be distributed through Norrsken VC, Norrsken Launcher, and Norrsken Accelerator. In a public statement, Norrsken’s investment team highlighted concerns that while AI has attracted record-breaking capital—over $110 billion in […] Read more ›
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Helsinki-based Kuva Space is partnering with the Finnish Environment Institute (Syke) on a pilot project aimed at improving the detection of harmful algae blooms in Finland’s inland and coastal waters. The initiative will test the applicability of Kuva Space’s hyperspectral satellite data and AI-driven analysis in complementing Syke’s existing monitoring methods, which rely on public […] Read more ›
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Antler Nordics has rolled out updated investment terms for early-stage founders in Helsinki, Stockholm, Oslo, and Copenhagen, doubling its initial pre-seed investment to €200,000. The move follows the close of its second €100 million Nordic fund and is aimed at giving founders longer runway and faster commercial traction from the outset. Under the new structure, […] Read more ›
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07.03.2026 00:05
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