ArcticStartup

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08.12.2025 − 14.12.2025
ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/08/2025 04:40 EDT

Skycore Semiconductors raises €5M seed

Copenhagen-based Skycore Semiconductors has raised €5M in seed funding to commercialize its Power Integrated Circuit (IC) technology built for next-generation AI data centers moving toward 800V HVDC architectures. The round was led by the Amadeus APEX Technology Fund, with participation from First Momentum, Mätch VC, and Balnord, bringing the company’s total funding to €7.5M. Skycore […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/26/2025 08:46 EDT

Lithuanian startup secures €2.8M seed to develop optical ground station in Arctic region

Vilnius-based space-tech startup Astrolight has secured €2.8 million in seed funding to advance its laser-based communication platform linking satellites and ground infrastructure. The round was led by Balnord with participation from EIFO, Coinvest Capital, NGL Ventures, and Rita Sakus. Astrolight is developing an optical communication system capable of supporting both space-to-space and space-to-Earth links, addressing […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/26/2025 08:11 EDT

Finland’s ICEYE expands SAR satellite programs across Europe and Asia amid rising demand for space-based surveillance

ICEYE, a Finland-based leader in Synthetic Aperture Radar (SAR) satellite technology, is undergoing a significant phase of global expansion through a series of strategic agreements and initiatives aimed at strengthening space-based surveillance, defense autonomy, and geospatial intelligence capabilities in key allied nations. Over the past month, the company has announced major developments in Germany, Poland, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/26/2025 05:07 EDT

Sweden & US-based company raises $17.2M to automate and empower the modern accounting workforce

Filed, a Stockholm and New York-based startup developing AI tools for tax professionals, has raised $17.2 million across pre-seed and seed rounds. Investors include Northzone, Neo, The Raine Group, Day One Ventures, J Ventures, Greens Ventures, along with several angel backers. The company offers software that automates core tasks in tax preparation—such as organizing documents, validating […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/23/2025 09:32 EDT

Due Diligence

The investment journey is much like a marathon—one that every founder dreams of running, but often finds themselves unprepared for. Among the toughest legs of this race is the due diligence phase—a comprehensive process of verification and assessment. For some entrepreneurs, it feels like a tedious paperwork exercise; for others, it’s a golden opportunity to […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/23/2025 08:37 EDT

Swedish NorthX Biologics secures investment to support U.S. expansion and service growth

NorthX Biologics, a Nordic contract development and manufacturing organization (CDMO), has received a growth investment from Signet Healthcare Partners, a U.S.-based private equity firm specializing in pharmaceutical services. The investment was made through a new issue of shares, and as part of the agreement, Signet’s Managing Director, James Gale, will join the NorthX Board of […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/21/2025 08:18 EDT

Backing Nordic founders before product-market fit, PSV Tech launches its €70 million Fund II

PSV Tech, a Copenhagen-based early-stage investor, has launched its second fund, Tech Fund II, aiming to raise €70 million to support startups in AI, software, and digital infrastructure across the Nordic region. The fund is backedby a mix of institutional and private investors, including ATP, EIFO, and The Danish Society of Engineers (IDA). It also […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/21/2025 07:02 EDT

Danish Augmented Hearing aims to set global standard in speech understanding with new funding

Copenhagen-based deep-tech startup Augmented Hearing has secured €3 million in seed funding to scale Sharpi v.1.0, its AI-powered voice isolation software designed for mission-critical communication environments like emergency call centers and air traffic control towers. The round was led by Crowberry Capital, a Nordic VC known for backing bold frontier-tech ventures, with participation from strategically […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/20/2025 09:22 EDT

Swedish fintech Treyd adds Klarna Veteran to Board, secures €5M in new funding

Swedish fintech Treyd has raised €5 million in additional funding from its existing investor group, including Nineyards Equity, Zenith VC, J12 Ventures, Antler, and a network of angel investors. The company, which provides cash flow-focused financing tools for product businesses in the Nordics, UK, and Ireland, has now raised a total of €28 million. Alongside […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/16/2025 08:58 EDT

Start smart: Why every startup needs an MVP?

Every startup begins with a spark — a bold idea that feels too good to ignore. But moving from idea to execution is where the real journey begins. In a world of limited resources, uncertain markets, and fast-moving competitors, there’s one concept every founder should master early: the Minimum Viable Product (MVP). What is an […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/16/2025 08:29 EDT

Dineout gets investment from Nova

Dineout has announced that Nova has acquired a 20% stake in the company and will take a seat on its board of directors. The agreement also includes funding for the joint development of new digital solutions. Dineout provides a suite of tools for restaurants and service businesses in Iceland, including reservation systems, POS software, ordering […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/16/2025 07:55 EDT

LAXEY raises €130M

LAXEY, a land-based salmon farming company based in Vestmannaeyjar, Iceland, has secured €130 million in combined equity and debt financing to support the next phase of its development. The funding includes a €35 million equity private placement, backed by existing shareholders and new institutional investors with aquaculture expertise, and a long-term debt agreement with Arion […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/16/2025 06:53 EDT

Estonian AI startup Co-one to expand into Türkiye and MENA with €1M funding

Estonia-based Co-one has raised €1 million in a pre-Series A funding round led by Ak Portföy. Existing investors—including Maxis Innovative Venture Capital, DOMiNO Ventures, TechOne Venture Capital, and Leap Investments—also participated in the round. Co-one develops platforms such as Agentic Suite and Data OS, which help enterprises in sectors like e-commerce and banking build AI […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/16/2025 05:25 EDT

Lund-based MedVasc raises funding ahead of FDA submission

MedVasc AB, a medical technology company based in Lund, Sweden, has closed a €915K (SEK 10 million) funding round to support the final development phase of its Solutio™ device and preparations for U.S. FDA regulatory submission. The round included participation from both existing shareholders and new investors. The funds will be used to finalize the […] Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 1 place · 05/15/2025 08:47 EDT

Denmark’s EIFO backs Saildrone in $60M round for regional security deployment

Saildrone has raised $60 million in a funding round led by the Export and Investment Fund of Denmark (EIFO), with participation from existing investors Lux Capital, Washington Harbor Partners, Crowley, and Academy Securities, as well as new investors Pinegrove, BZH Capital, What If Ventures, and Calm Ventures. The company, which develops long-endurance uncrewed surface vehicles […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/15/2025 08:18 EDT

Europe’s largest Gen Z-led VC launches €7 million fund focused on early-stage startups

Wave Ventures, a Gen Z-led venture capital firm based in Finland, has launched its third fund, raising €7 million—more than triple the size of its previous fund. Since its founding in 2016, the firm has focused on early-stage investments in startups led by founders under 30 across the Nordics and Baltics. The new fund plans […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/15/2025 04:09 EDT

Behavix Accelerates Global Growth with Strategic Hires

Behavix, a Helsinki-based company specializing in privacy-focused behavioral data, has appointed four senior figures from major research and technology firms to support its international growth. The new team members—formerly with Nielsen, Ipsos, Comscore, ResearchNow, and ByteDance—will focus on advisory and business development roles across the US and Europe. Their backgrounds span media measurement, programmatic advertising, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/13/2025 09:24 EDT

A Gentle Light in the Harsh World of Business: Kazuo Inamori

My distant stance toward the business world—where money is prioritized and aggression often reigns—had fostered a bias against leaders. Then, during one of my regular NetGalley reading sessions in 2021, I came across him: Kazuo Inamori. Or rather, his book From Zero to Kyocera. What drew me in wasn’t the “from zero to something” phrase […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/13/2025 05:52 EDT

Froda and wamo partner to address SME financing gaps in Finland

Froda, a fintech company specializing in embedded finance, has partnered with business account provider wamo to introduce card-based lending for small and medium-sized enterprises (SMEs) in Finland. The initiative allows eligible businesses to apply for loans of up to €200,000 directly through wamo’s platform, with financing linked to Visa business cards. This approach enables quicker […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/13/2025 05:06 EDT

Swedish Gympak expands hotel wellness offerings with investment from fitness coach Dejan Petrovic

Gympak, the Swedish wellness company revolutionizing hotel experiences, has secured a key investment from renowned personal trainer and wellness coach, Dejan Petrovic. With his extensive background in fitness and lifestyle, Dejan is stepping in to support Gympak’s mission of making wellness an integral part of hotel stays worldwide. Gympak transforms hotel stays worldwide by offering […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/13/2025 04:11 EDT

Finnish life science company announces $25.6 million Series B to boost ovarian cancer research

Helsinki-based TILT Biotherapeutics has raised $25.6 million in a Series B round led by existing backers including the European Innovation Council (EIC) Fund, Lifeline Ventures, TESI, and Stephen Industries Inc Oy. The funds will accelerate the development of its lead candidate, TILT-123—an oncolytic adenovirus engineered to enhance immune response—into Phase 2 trials for platinum-resistant ovarian […] Read more ›

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16.12.2025 06:48
Last update: 06:40 EDT.
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