Vilnius-based isLucid has completed its pre-seed funding round, with €265,000 contributed by Coinvest Capital alongside investments from Business Angels Fund, Katalista Ventures, Agmis, and other angel investors. The funding will support isLucid’s expansion into Scandinavian and non-English-speaking markets and further development of its AI-powered platform for contact centers. The company’s tools analyze customer interactions, assist […] Read more ›
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RemotiveLabs, a trailblazer in modernizing software patterns for the automotive industry, has successfully secured €900k in its latest investment round. This funding round included previous investors Volvo Cars Tech Fund, Almi Invest, and Truckdoktorn AB, along with new investors Sandberg Development and S-E-Bankens Utvecklingsstiftelse. The Malmö-based company specializes in lightweight tooling that enables automotive software […] Read more ›
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Profilence, an Oulu-based software company specializing in optimizing the stability, performance, and energy consumption of Android-based devices, has secured a significant investment from Nordic Option. While the exact funding amount remains undisclosed, this strategic investment allows early-stage investors to exit the company. With Nordic Option, backed by major shareholders including Arvo Investment Cooperative, Partnera Plc, […] Read more ›
6
Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, securing €6 million from limited partners (LPs). This significant milestone highlights a burgeoning interest in blockchain startups and suggests a bright future for the European crypto ecosystem. Led by […] Read more ›
0
Flow Computing Oy, a Helsinki-based startup specializing in on-die ultra-high-performance parallel computing solutions, has announced a €4M pre-seed funding round. The investment, led by Butterfly Ventures and joined by FOV Ventures, Sarsia, Stephen Industries, Superhero Capital, and Business Finland, aims to accelerate Flow’s development of its Parallel Processing Unit (PPU) technology. This PPU architecture promises […] Read more ›
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MinnaLearn, a Helsinki-based learning company, partners with INCO and Google.org to launch the pan-European AI Tides program, aiming to train 600 social entrepreneurs across Europe in AI skills. The program, based on MinnaLearn’s Elements of AI course, seeks to democratize AI knowledge and empower social entrepreneurs to scale their businesses. With hands-on experience and a […] Read more ›
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Moleculent, a Stockholm-based company focused on advancing the spatial mapping of cell-cell communication, has secured a significant milestone with the closing of its oversubscribed $26 million Series A financing round. This round was co-led by ARCH Venture Partners and Eir Ventures, with participation from existing investors. The funding will support Moleculent’s innovative functional biology platform, […] Read more ›
0
Tampere-based CeLLife Technologies has revolutionized battery cell quality control with its groundbreaking technology, securing €2 million in seed funding led by pan-European VC firm Ventech. CeLLife Technologies specializes in revolutionary battery quality control technology, enabling manufacturers to assess battery cell quality in seconds, significantly reducing waste and improving efficiency. The funding will support CeLLife’s expansion […] Read more ›
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Sinonus, a deep tech startup from Chalmers University of Technology and KTH, has appointed Markus Zetterström as CEO. With previous roles at Maurten and SKF Group, Zetterström brings extensive experience in strategy and transformation. He will lead Sinonus in commercializing their innovative carbon fiber composites that store electrical energy, enabling energy storage within structural components […] Read more ›
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Light, a Copenhagen-based innovator in automated financial solutions, has announced a successful $13 million seed funding round to expand its pioneering AI-powered general ledger for multinationals. The oversubscribed round was led by Atomico, with contributions from Entrée Capital, Cherry Ventures, Seedcamp, and notable angels like Mario Götze. Light’s platform aims to revolutionize financial management by […] Read more ›
0
Fenix Solar, a Helsingborg-based company specializing in the monitoring and optimization of solar cell installations, has been acquired by ECOKRAFT, a Swedish solar energy supplier. This acquisition enhances ECOKRAFT’s offerings with Fenix Solar’s advanced technology for optimization and proactive error correction, allowing for more efficient and reliable solar energy solutions. Fenix Solar will continue to […] Read more ›
0
Copenhagen-based biotech startup EvodiaBio has secured €7 million in funding from a diverse group of investors, including Export and Investment Fund of Denmark, The March Group, Nordic Foodtech VC, Symrise AG, PINC, Thia Ventures, Newtree Impact, and Ananke. EvodiaBio specializes in producing natural aromas through precision fermentation, enhancing the taste of non-alcoholic beer while reducing […] Read more ›
0
Microsoft has announced its largest investment in Sweden to date, with plans to invest €2.9 billion (33.7 billion SEK) over two years in cloud and artificial intelligence (AI) infrastructure. This initiative includes training 250,000 people in AI skills, aiming to accelerate Sweden’s adoption of AI and increase its long-term competitiveness in the AI era. The […] Read more ›
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The IPO market in Finland has experienced an unusually long quiet period. However, private equity and venture capital investors have identified numerous companies within their portfolios that they believe have the potential to go public in the coming years. There are indications that once the IPO window opens, many companies will be ready to list on […] Read more ›
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Nico Rosberg, the German-Finnish former Formula 1 champion turned sustainability entrepreneur, is making waves in the startup world through Rosberg Ventures. With a keen eye for transformative businesses, Rosberg Ventures focuses on sectors like AI, Software, Blockchain, Climate Tech, and Productivity, aiming to accelerate innovation and drive positive change globally. He has recently backed Berlin-based […] Read more ›
0
Stockholm-headquartered VC firm Creandum has announced the successful closing of its latest fund, Creandum VII, securing €500 million to support European startups at the Seed and Series A stages. This new fund arrives at a time of significant economic shift, marked by a tighter capital market and lower investment levels compared to the high liquidity […] Read more ›
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Riga-based digital clinic Medon has secured €320K in funding from a group of successful local entrepreneurs. The startup, known for its digital clinic providing remote cardiovascular health consultations globally, plans to use this investment to expand its innovative healthcare solutions into India, the United Arab Emirates, and Saudi Arabia. The funding will help develop and […] Read more ›
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NUTRUMAMI, a Copenhagen-based startup specializing in plant-based nutrition and flavor enhancement, has successfully closed a €450K pre-seed funding round. The investment was led by Kost Capital and Planetary Impact Ventures. This funding will enable NUTRUMAMI to expand its team and prepare for full commercialization of its innovative products. The company is pioneering a new ingredient […] Read more ›
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Claimlane, a Copenhagen-based provider of return and warranty claim solutions for furniture and lifestyle brands, has successfully raised €1.8 million in a seed funding round led by Vendep Capital. Claimlane provides software solutions that simplify and automate the handling of product returns and warranty claims for furniture and lifestyle brands. This new capital injection will […] Read more ›
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Vilnius-based Spike, a B2B data technology and AI startup, has announced the successful close of a €3.2 million oversubscribed seed round, co-led by Practica Capital and TheVentureCity, with participation from CEAS Investments, Plug & Play Ventures, Geek Ventures, and Axel Springer Porsche (APX). Spike provides healthcare and digital health businesses with AI solutions that are […] Read more ›
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Oslo-based 3D creation technology provider Sloyd has secured €3 million in seed funding, with participation from global investors SPEEDRUN, a16z GAMES’ gaming accelerator, Antler, Skyfall Ventures, FreshFund, AceCap, Hartmann Capital, and several high-profile angel investors. The round also included a strategic investment from Autodesk. Founded in 2021, Sloyd enables rapid design, customization, and implementation of […] Read more ›
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Business Insider
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27% 1 |
Tech Wire Asia
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9% 4 |
The Verge
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8% 0 |
Eurogamer.net
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7% 4 |
Gizmodo
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6% 0 |
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27.11.2024 16:32
Last update: 16:25 EDT.
News rating updated: 23:20.
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