Pistachio, an Oslo-based company developing an AI-powered cybersecurity awareness training platform, has secured $7 million in Series A funding led by Walter Ventures, with participation from Idékapital, Angel Invest, MP PENSJON PK, and J12 Ventures. The company plans to use the funding to support its expansion in Europe and North America, including the opening of a […] Read more ›
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HealthCap IX, the latest fund from Swedish venture firm HealthCap, has secured €48 million in a joint investment from Novo Holdings and the Export and Investment Fund of Denmark (EIFO). With this boost, HealthCap will deepen its presence in the Nordics by opening a hub at Copenhagen’s BioInnovation Institute (BII), aimed at nurturing early-stage biotech […] Read more ›
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Stockolm-based Lovable has secured an angel investment of approximately €91K (1 MSEK) from Flat Capital AB, as part of its €14.3 million funding round led by Creandum. The Swedish startup aims to simplify software development through its AI platform, allowing users to create websites, apps, and other digital products without any technical knowledge. The company […] Read more ›
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Helsinki-based Joisto, a provider of cloud-native data archival solutions, has been acquired by UK-US headquartered Smart Communications. The deal marks a significant shift for Joisto, whose platform has served over 700 enterprise clients with secure, compliant digital record storage. Known for its multi-tenant SaaS architecture and adherence to ISO14641 standards, Joisto has focused on addressing […] Read more ›
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Stockholm-based fintech Froda has raised €20 million in a Series B round led by Incore Invest, with continued backing from existing investors, to scale its embedded finance platform across Europe. The funding, which arrives amid a broader fintech fundraising slowdown, reflects investor confidence in Froda’s data-driven model, which integrates directly with banks and payment providers […] Read more ›
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Coana, a cybersecurity startup founded by researchers from Aarhus University, has been acquired by U.S.-based Socket in a strategic move that aims to integrate advanced reachability analysis into mainstream application security workflows. Known for its static control-flow and call graph analysis engine, Coana has focused on reducing false positives in vulnerability scanning—helping teams prioritize only […] Read more ›
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Latvian mobile payment provider Mobilly and Estonian parking technology company Snabb have announced a cross-border integration aimed at simplifying parking payments in both countries. Mobilly users will be able to pay for parking in all Snabb-operated lots in Estonia starting summer 2025. The move follows Snabb’s entry into the Latvian market earlier this April, where […] Read more ›
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Swedish fintech Mynt has announced a strategic investment from Visa as part of its Series B round, alongside an expanded reseller partnership that will see the company scale its spend management solutions across Europe. Founded in Stockholm in 2018, Mynt has become a leading platform for automating expense handling, offering corporate cards and seamless ERP […] Read more ›
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Swedish battery manufacturer Northvolt filed for bankruptcy on March 12, 2025, after struggling with rising capital costs, supply chain disruptions, and delays in scaling production. As part of the court-supervised process, Scania has acquired Northvolt Systems’ Industrial Division, which includes a production facility in Gdańsk and an R&D center in Stockholm. This unit, which develops […] Read more ›
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Tallinn-based Esgrid has raised a total of €900,000 in pre-seed funding to expand its offering from ESG risk management into broader supplier management for small and medium-sized businesses. The latest round was led by new investor 2C Ventures, with participation from existing backers Startup Wise Guys, Greenco Ventures, and Lemonade Stand. Esgrid initially developed an […] Read more ›
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Helsinki-based Wolt has entered into a partnership with Deutsche Telekom to provide Magenta Moments members in seven European countries with free access to Wolt+, the company’s subscription service. The rollout begins in Croatia and will extend to Austria, Czechia, Hungary, North Macedonia, Poland, and Slovakia. The deal gives Deutsche Telekom customers access to Wolt+ benefits […] Read more ›
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Sparrow Quantum, a leading European supplier of photonic quantum chips, has secured €21.5 million in Series A funding to accelerate the development and commercialization of its world-leading quantum chip technology. The investment round was led by PensionDanmark, with strong backing from EIFO and Novo Holdings and additional investments from existing investors 2xN, LIFTT, and the […] Read more ›
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Tribune Therapeutics, a Stockholm- and Oslo-based biotech company developing therapies for fibrotic diseases, has secured €37 million in seed and Series A funding. The Series A round, totaling €23 million, was led by LifeArc Ventures and joined by Industrifonden and Investinor, alongside existing investors Novo Holdings, HealthCap, Innovestor’s Life Science Fund, and Inven2. The funding […] Read more ›
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Sakura, a Swedish platform offering a marketplace for emotional and therapeutic support, has raised €270K (SEK 3 million) in a pre-seed funding round. The round is led by 8 Media Ventures (8MV), alongside strategic angel investors and soft funding sources. The funding will be used to scale sales efforts and deepen collaborations with companies seeking […] Read more ›
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Estonian Fractory has appointed Bjoern Klaas as its new Chief Executive Officer and confirmed a new funding round to support the company’s next phase of growth. Klaas brings more than two decades of experience in process and discrete manufacturing, most recently serving as Managing Director of Protolabs Europe. His focus will be on strengthening Fractory’s […] Read more ›
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Tallinn-based UP Catalyst has received €18 million in venture debt financing from the European Investment Bank (EIB) to expand its production of carbon-neutral graphite and carbon nanotubes derived from industrial CO₂ emissions. The company will use the funds to scale its molten salt electrolysis technology, enabling an annual output of 1,350 tonnes of graphite and […] Read more ›
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The Finnish Business Angels Network (FiBAN) has released its 2024 investment report, revealing a strategic shift in Finland’s early-stage investment landscape. While total angel investments rebounded to €31.5 million, the number of funded startups dropped significantly, reflecting a more selective and targeted approach. Investors are increasingly pooling resources through syndication, with a sharp focus on […] Read more ›
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ReykjavÃk-based Optise has raised $2.2 million in pre-seed funding to launch its AI-powered Website Insights platform, designed to help B2B companies turn their underperforming websites into revenue-generating machines. The round was led by Frumtak Ventures. Optise provides an AI-powered Website Insights platform that delivers personalized, actionable recommendations to help B2B companies optimize their websites for performance, […] Read more ›
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Tallinn-based Ultra has raised $12 million in funding, led by NOIA Capital‘s NOIA Digital Assets fund. This comes as the company undergoes a leadership change with Gus van Rijckevorsel taking the helm as CEO. With the new leadership in place, Ultra aims to disrupt the gaming industry by shifting the focus towards player-first, creator-driven platforms. […] Read more ›
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Stockholm-based Starhive has secured $5 million in a pre-Series A funding round led by Ventech, with participation from existing investor node.vc. This new round follows a $3 million seed round in September 2024. The company, which provides a platform for IT asset and service management, plans to use the funding to enhance its AI capabilities, […] Read more ›
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Business Insider
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22% 2 |
Tom's Hardware
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16% 10 |
Gizmodo
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12% 1 |
Ars Technica
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7% 6 |
The Verge
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6% 1 |
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16.12.2025 10:12
Last update: 10:06 EDT.
News rating updated: 17:06.
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