STILFOLD, headquartered in Stockholm, has introduced MetaFold Academy and received a grant of €429.3K (nearly 5 MSEK) from the European Institute of Innovation and Technology (EIT) Manufacturing. The purpose of this initiative is to promote sustainable manufacturing practices in the automotive sector. MetaFold Academy’s launch is expected to bring significant advancements to industrial education in […] Read more ›
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Tallinn-based mobility app Bolt has recently received a €220M revolving credit facility from a group of key banks. Bolt aims to reduce people’s dependence on cars by providing alternative transportation options to suit their needs. The capital will provide a stable financial base to support their operations and general financial requirements in their future endeavours. […] Read more ›
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Copenhagen-based fintech company Pleo has secured €40 million in debt financing from HSBC Innovation Banking. Co-founded by Jeppe Rindom and Niccolo Perra in 2015, Pleo hit the road with the mission to help businesses with their expense management. To ease the pain of finance teams, they’ve come up with smart company cards so that employees […] Read more ›
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Tallinn-based greentech Stargate Hydrogen has completed a successful seed round of €42 million. The round includes an equity investment by UG Investments and grant financing from IPCEI (Important Project of Common European Interest) framework for hydrogen technologies, with the participation from other investors and grants. The company has come up with a green hydrogen technology […] Read more ›
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Helsinki-based startup Maire has collected €450K in funding. This support came from notable investors including Leena Niemistö, Tuomo Riekki, Korpun Siemen Oy and Tikura Ventures. The startup, founded by three siblings, develops an online demand analytics platform to provide its customers with predictive insights. With the help of this capital injection, the team will focus […] Read more ›
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Stratazon AB, a Malmö-based company specializing in customer insights, has brought on Christopher Malmer as a new partner. Christopher, who previously served as the Global Customer Insight Manager at H&M, joins with a wealth of experience in customer insights, strategic analysis, and brand development. His role as both a shareholder and advisor at Stratazon will […] Read more ›
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Aarhus-based Lunar has raised €24.1 million in a recent funding round, led by its major existing investors. This round is part of a larger trend, as the bank has raised €50.9 million in total over the past four months. Lunar offers smart and transparent financial management solutions to over 850,000 users in the Nordics, empowering […] Read more ›
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X Shore, a Swedish company that creates fully electric, quiet, and connected boats, has secured €8.5 million in funding. This round saw significant participation from existing major shareholders, including the company’s founder, Konrad Bergström. The funding will be used to drive product innovation and development, enhance sales and marketing efforts, and explore new models for […] Read more ›
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Helsinki-based Return Entertainment has teamed up with Samsung to bring their new smart TV gaming platform and debut game, ‘Rivals Arena,’ exclusively to Samsung TVs in the US. This collaboration introduces a fresh way to play games on Samsung TVs, using smartphones as controllers. ‘Rivals Arena’ is a fast-paced card game where players aim to outwit […] Read more ›
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Kaunas-based regtech company iDenfy has partnered with Liquid Noble. iDenfy provides advanced ID verification and fraud prevention solutions while Liquid Noble offers digital currencies backed by precious metals through gold tokenization. This collaboration aims to enhance security and compliance measures within the digital asset industry by integrating iDenfy’s KYC solution into Liquid Noble’s platform. This […] Read more ›
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Kuva Space, a Espoo-based company specializing in hyperspectral satellite technology and AI-driven insights, has secured a €1.8M contract from the European Space Agency’s Civil Security from Space program. This funding will bolster Kuva Space’s efforts to enhance border surveillance along the Baltic Sea area between Finland, Estonia, and Sweden, focusing on testing and developing advanced […] Read more ›
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Prescriby, an Icelandic-Canadian company, has raised €2 million in funding led by Crowberry Capital, a Nordic VC fund, with participation from investors in Canada, Denmark, and Iceland. The company focuses on proactive intervention in the opioid crisis by providing a solution that enables safer management of necessary opioid prescriptions from the first use and offers […] Read more ›
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SNIPR Biome, a Copanhagen-based clinical-stage biotech company pioneering precision medicines using CRISPR technology for microbial gene therapy, has secured $5.48 million in funding from the Combating Antibiotic-Resistant Bacteria Biopharmaceutical Accelerator (CARB-X) to co-fund a Phase 1b/2a clinical trial in hematological cancer patients. The trial will evaluate SNIPR001, a CRISPR-armed phage therapeutic targeting E. coli in […] Read more ›
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Silo Team, a Swedish and UK-based company founded by Rasmus Stjernström and Ida Stjernström, has secured $1.16 million in pre-seed funding from investors including Pitchdrive, Fuel Ventures, Genesis Ventures, StartupIst Ventures, ROI Ventures, and angel investors Michael Proszynski and Ferdinand Dietrich. The startup aims to tackle the costly challenge of developer turnover by providing advanced […] Read more ›
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NOQX, a Stockholm-based SaaS company founded in May 2023, has secured its first round of funding from an impressive group of investors, including Phillip Chambers, Giles Whiting, Maria Hedengren, Niklas de Besche, Aref Abedi, and Louise Markgren. The funding amount has not been disclosed. NOQX specializes in goal management and OKRs, aiming to make goal […] Read more ›
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Stockholm-founded Legitify has partnered with Scrive, known for e-signature solutions, to offer electronic notarization services. This collaboration aims to enhance electronic notarization processes for Legitify’s customers. Through this partnership, Legitify’s platform will integrate with Scrive, enabling notaries to use Qualified Electronic Signatures (QES) for online notarizations. Founded in 2020 in Stockholm, Legitify has digitalized the […] Read more ›
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10Lines, a Tallinn-based startup, has secured a €1.5 million investment round led by Tera Ventures and Karista, with participation from Butterfly Ventures and Mike Oliinyk (Ex Uber, Wise, Wolt). The company pioneers autonomous line marking technology, using robotics and AI to automate line marking operations, eliminating the need for manual processes. The funding will fuel […] Read more ›
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Rodinia Generation, a Copenhagen-based tech startup, has secured €3 million in funding from the Danish Export and Investment Fund (EIFO) and Climentum Capital. The company specializes in revolutionizing the fashion industry by introducing a manufacturing method that significantly reduces carbon emissions and water usage in garment production. Rodinia plans to use the funding to expand […] Read more ›
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Blykalla, a Stockholm-based company specializing in advanced small modular reactors (SMRs), has secured €6.8 million (80 million SEK) in funding from investors including Norrsken Launcher, Nucleation Capital, Earth Venture Capital, Farvatn, and private investors. This funding will support the industrialization of their lead-cooled SMRs, particularly the SEALER reactor, which utilizes unique safety features and corrosion-tolerant […] Read more ›
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One Click LCA, a company specializing in life-cycle assessment software for the construction and manufacturing industries, has acquired Buildrz, a Paris-based firm known for its generative AI platform for real estate development. The acquisition is seen as a strategic move for One Click LCA, aligning with its goal of offering a comprehensive sustainability software platform. […] Read more ›
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Business Insider
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28% 0 |
Tech Wire Asia
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9% 4 |
The Verge
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9% 1 |
Eurogamer.net
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8% 5 |
Tom's Hardware
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5% 0 |
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27.11.2024 17:25
Last update: 17:20 EDT.
News rating updated: 00:20.
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