Helsinki-based cancer diagnostics startup MultivisionDx has raised a €1 million pre-seed round to advance its spatial biology platform designed to better match cancer patients with the most effective therapies based on the biology of their disease. The round was led by Antler, with participation from Helsinki University Funds, Kaikarhenni Oy, and a Finnish angel investor. […] Read more ›
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Vilnius-based Repsense has raised €2 million in seed funding to further develop its information analytics platform, which is used in both commercial and public-sector contexts, including NATO deployments. The round was led by Tensor Ventures, with participation from Seed Starter—supported by Erste Group—as well as existing backers BSV Ventures and Coinvest Capital. Repsense analyses large […] Read more ›
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Helsinki-based Rundit has been acquired by Greenstep, marking a strategic move to merge modern fund reporting software with full-scale fund administration services. Rundit, whose platform is used by VC and PE investors in more than 40 countries to automate portfolio data collection and LP reporting, will continue operating as a standalone product and team under […] Read more ›
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Estonian logistics startup MyDello has raised €3.1 million in a new funding round led by Icelandic VC Frumtak Ventures, with participation from existing investor Superhero Capital of Finland, as the company expands its automated freight platform into the UK. The round also brings Jevgeni Kabanov, president of Bolt, onto MyDello’s board, alongside Frumtak general partner […] Read more ›
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Finnish SAR satellite operator ICEYE and Swedish Space Corporation (SSC) have signed a Letter of Intent to explore deeper collaboration across mission development, satellite operations, ground infrastructure, and future launch services, marking a concrete step toward strengthening Nordic and NATO-aligned space-based security capabilities. The partnership brings together ICEYE’s sovereign SAR-based intelligence, surveillance and reconnaissance (ISR) […] Read more ›
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Danish industrial biotech startup EvodiaBio has raised €6 million in a funding round led by US-based RA Capital, with continued backing from EIFO and participation from new international investors Francis Family Funds and Wild Radicals. The company develops fermentation-driven technology that enables the efficient, scalable, and low-carbon production of natural aroma molecules—initially transforming beer production […] Read more ›
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Lovable has secured $330 million in Series B funding at a $6.6 billion valuation, as investors double down on tools that lower the barrier to building software. The round is led by CapitalG and Menlo Ventures’ Anthology fund, with backing from NVentures (NVIDIA), Salesforce Ventures, Databricks Ventures, Atlassian Ventures, HubSpot Ventures, Deutsche Telekom’s T.Capital, as […] Read more ›
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Stockholm-based nuclear startup Blykalla has raised $50 million to advance the industrialization of SEALER, its lead-cooled small modular reactor aimed at delivering stable, low-carbon baseload power. The round was co-led by Oklo Inc, Norrsken Launcher, and ARMADA Investment AG, with participation from KDDI, CoreWeave co-founders Brian Venturo and Peter Salanki, and investors including August One, […] Read more ›
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European lenders are unlocking a significant new financing channel for Estonia’s business sector. Under a pact between the EIB Group and local lender Coop Pank, up to €249 million in fresh loans and leases will be made available to Estonian SMEs and mid-sized companies by 2028, with a strong focus on gender equality and climate-related […] Read more ›
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Helsinki- and London-based Cloudberry has announced a €30 million initial close for what it describes as Europe’s first venture fund dedicated exclusively to semiconductors, photonics, and advanced materials. The fund will invest at pre-seed and seed stages, focusing on technologies linked to compute, connectivity, sensing, and power, at a time when European policymakers are seeking […] Read more ›
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Copenhagen-based NobodyWho has raised €2 million in pre-seed funding from PSV Tech, The Footprint Firm, and Norrsken Evolve to advance its open-source approach to Small Language Models that run directly on users’ devices. The startup is positioning SLMs as a privacy-first, energy-efficient alternative to cloud-based large language models by enabling AI inference to happen locally […] Read more ›
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Copenhagen-based fintech FarPay is entering a new growth phase following its acquisition by Dutch peer POM, in a transaction supported by investment firm Vortex Capital Partners. Known for its end-to-end automation of invoicing and accounts receivable across Scandinavia, FarPay will continue to operate as an independent brand within the POM Group, with its team, management, […] Read more ›
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Stockholm-based home energy startup Elvy has secured €500 million in financing from Scayl and one of the fintech’s bank partners to expand its residential energy offering in Sweden. The company provides homeowners with solar panels, heat pumps and battery systems through a subscription model that covers installation, maintenance and energy optimisation, removing the need for […] Read more ›
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Porvoo-headquartered SEATOM has been selected for NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA) 2026 programme, joining the Operations in Extreme Environments challenge track. The Porvoo-based company, which is developing dual-use nuclear-powered maritime systems, will receive €100,000 in initial contractual funding and take part in DIANA’s six-month accelerator, working with defence stakeholders and test […] Read more ›
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Oslo-based Flocean has expanded its Series A round to $22.5 million, adding Xylem Inc. as a strategic investor alongside existing backers Burnt Island Ventures, Freebird Capital, Katapult Ocean, and Nysnø Climate Investments, with new participation from Ari Emanuel, Orion, Rypples, and Wellers Impact’s Water Unite Impact Fund, as well as the CEO of Asset Buyout […] Read more ›
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Praktikverket, a young Swedish platform aiming to streamline how students find internships, has closed an oversubscribed investment round that values the company at nearly €1 million (SEK 10 million). Both existing and new investors took part, signalling early interest in tools that address structural gaps between education and the labor market. The funding will be […] Read more ›
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Vilnius-based Aneli Capital has launched a €35 million early-stage fund to back Baltic, Polish, and wider CEE startups in ICT, robotics, energy, space, photonics, and smart manufacturing. With a plan to make 20 investments over its first five years, the fund aims to fill persistent regional gaps in capital access and scaling support. Backed by […] Read more ›
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Pats has integrated Noda’s pay-by-bank technology to offer instant invoice payments for the more than 20,000 freelancers and small businesses using its accounting platform. The move aims to address a persistent issue for Pats’ core user base—delayed and unpredictable cash flow—by enabling customers to complete bank transfers through a single link or QR code with […] Read more ›
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Norway’s Enerin has raised €15 million in Series A funding, with participation from Climentum Capital, The Footprint Firm, Johnson Controls and Move Energy, with participation from PSV Hafnium and Momentum. The company develops modular high-temperature heat pumps capable of supplying industrial process heat up to 250°C, targeting sectors that rely on fossil-fuel boilers. Enerin plans […] Read more ›
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Finnish news service Freepress has raised €1 million in seed funding to further develop its AI-driven news platform and prepare for international expansion. The round includes several experienced Finnish investors, led by Kustaa Poutiainen’s Stephen Industries Inc. Freepress uses a virtual AI editor to analyze large volumes of public and licensed news articles and generate […] Read more ›
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Business Insider
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28% 9 |
Gizmodo
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7% 1 |
The Verge
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7% 3 |
Wired
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7% 5 |
Slashdot
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6% 2 |
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19.01.2026 18:27
Last update: 18:20 EDT.
News rating updated: 01:20.
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