Epigenica AB, a Stockholm-based life sciences company specializing in high-throughput epigenetic screening tools, has raised $2.2 million (SEK 21.5 million) in new funding. The round was led by Voima Ventures, with additional participation from Navigare Ventures, Leksell Social Ventures, and existing investor Almi Invest. The company develops the EpiFinder platform, which allows for the parallel […] Read more ›
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Echandia, a Swedish supplier of battery systems for maritime applications, has raised additional financing from S2G Investments, bringing its latest funding round to $34 million (SEK 325 million). S2G, a U.S.-based investor with a focus on ocean-related climate solutions, joins the round as Echandia’s first American backer. The company plans to use the capital to […] Read more ›
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Fiberwood, a Järvenpää-based deep tech startup developing bio-based alternatives to conventional insulation, has been awarded €3.1 million in funding from the EU LIFE Programme. The funding will support the company’s efforts to scale up production of its recyclable, plastic-free fibreboards, made from wood industry residues and recycled materials. The grant is part of Fiberwood’s LIFEMODWISE […] Read more ›
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Swarmia, a Helsinki-based startup focused on software engineering intelligence, has raised €10 million in a Series A funding round. The investment was led by DIG Ventures and Karma Ventures, with additional backing from Alven, Lifeline Ventures, and angel investors including Romain Huët (OpenAI) and Cal Henderson (Slack). Swarmia’s platform offers real-time insights into development processes, […] Read more ›
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Helsinki-based AI manufacturing startup CloEE has raised $600,000 in pre-seed funding to support product development and market expansion in the United States, Nordics, and Italy. The round was led by angel investor Miro Vertanen and the Innovestor Angel Co-fund, with participation from Cariplo Iniziative and members of the Finnish Business Angels Network (FiBAN). Based in […] Read more ›
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Søborg-based biotech startup Cellugy has received €8.1 million in funding from the European Union’s LIFE Programme to support the scale-up of its cellulose-based material, EcoFLEXY. Developed as a biobased, biodegradable alternative to fossil-derived rheology modifiers used in personal care products, EcoFLEXY is intended to reduce microplastic pollution linked to ingredients such as carbomers. The funding […] Read more ›
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Hymeth, a Nordic cleantech company focused on green hydrogen production, has raised €3.7 million to support the commercial rollout of its alkaline electrolysis technology. The funding round was led by Thisbe AB, a wholly owned subsidiary of FAM, and included participation from most existing shareholders. Hymeth develops modular alkaline electrolysers designed to produce hydrogen with […] Read more ›
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Helsinki-based recommerce startup Renow has secured €1.8 million in seed funding to expand its AI-driven platform for handling product returns and second-hand goods across Northern Europe. The round was led by Greencode Ventures, with participation from Superhero Capital and Street Smart Capital. Renow’s service enables merchants to process and resell returned products through a combination […] Read more ›
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Traxlo, a Vilnius-based startup focused on task-based labor management, has secured €1.6 million in funding from investors including Coinvest Capital, Bad Ideas Fund, Plug and Play, NGL, DEPO Ventures, as well as returning backers Iron Wolf Capital and Antler. The company provides a platform that converts physical jobs—such as shelf restocking or warehouse unloading—into standardized, […] Read more ›
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Helsinki-based startup Nvelop has raised €1.2 million in a seed funding round led by Failup Ventures, with continued participation from Antler. The company develops an AI-native platform designed to automate and streamline enterprise procurement processes. Its system supports the full sourcing lifecycle, from drafting requirements and generating RFPs to evaluating proposals and managing contracts. With […] Read more ›
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Gothenburg-based deeptech company Embedl has raised €5.5 million in a pre-Series A funding round from Chalmers Ventures, Fairpoint Capital, SEB Greentech, Spintop Ventures, STOAF and Almi Invest. A spinout from Chalmers University of Technology, Embedl develops software that improves the efficiency of AI inference on embedded systems—reducing energy use and operational costs in sectors such […] Read more ›
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Espoo-based mining tech company Hypermine has completed its seed funding round, securing investment from Stephen Industries, Sage Enterprises, and an intellectual property contribution from VTT Technical Research Centre of Finland. The funding will support team expansion, customer growth, and the development of commercial operations. Hypermine’s core technology—a laser-based hyperspectral sensor developed at VTT—enables mine operators […] Read more ›
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Helsinki-based Linear has raised $82 million in a Series C round at a $1.25 billion valuation. The round was led by Accel, with participation from existing investors Sequoia and 01A, and new backers including Seven Seven Six, Designer Fund, Indie.vc, and others. The company plans to use the funding to integrate AI more deeply into […] Read more ›
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Copenhagen-based foodtech company Noahs has partnered with fuel retailer Q8 to introduce modular, tech-enabled kitchens at 75 service stations across Belgium and Luxembourg. The collaboration will begin with five pilot locations this autumn and aims to integrate Noahs’ digital infrastructure into Q8’s network, enabling multi-brand food offerings through automated kitchens and app-based ordering systems. The […] Read more ›
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Ovido, a Helsinki-based startup focused on supply chain and product data automation, has secured €2.4 million in seed funding. The round was led by Lifeline Ventures and Kvanted, with participation from Illusian and support by Business Finland. The company provides an AI-powered platform that helps manufacturers and suppliers manage regulatory compliance, product traceability, and sustainability […] Read more ›
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Vilnius-based Paynt, a European payment technology company, has acquired Canadian payment processor E-xact Transactions as part of its ongoing North American expansion strategy. E-xact, which handles over CAD 3.5 billion in annual transactions and supports major e-commerce platforms, will become Paynt’s operational base in Canada. The acquisition adds technical capabilities and market access as Paynt […] Read more ›
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AMLYZE has entered into a long-term partnership with Lietuvos centrinė kredito unija (LCKU), becoming the primary compliance technology provider for the LKU credit union group—Lithuania’s largest credit union network. Through this agreement, AMLYZE will deliver its full suite of anti-financial crime tools, including transaction monitoring, customer risk assessment, and screening for sanctions, PEPs, and adverse […] Read more ›
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Stockholm-based company Studio555 has secured €4 million in seed funding to develop a new application that combines elements of interior design with gaming mechanics. The round was co-led by HOF Capital and Failup Ventures, with additional participation from industry figures including Timo Soininen (Small Giant Games), Mikko Kodisoja (Supercell), and Riccardo Zacconi (King). Founded in […] Read more ›
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In the fast-paced and unpredictable world of startups, the path to success rarely follows a straight line. Many entrepreneurs begin with a bold vision, only to realize that their original idea doesn’t fully meet the market’s needs or scale as expected. When faced with such challenges, the most resilient startups don’t give up—they pivot. But […] Read more ›
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POS Finance, a Latvian fintech startup founded in 2024, has raised €140,000 in an extended pre-seed round from the Latvian Business Angels Network (LatBAN). The company provides revenue-based financing for small and medium-sized enterprises, allowing repayments tied to a percentage of a business’s weekly turnover instead of fixed monthly payments. This model is supported by […] Read more ›
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Most popular sources
Business Insider
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34% 18 |
Tom's Hardware
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22% 20 |
Gizmodo
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11% 5 |
CNET
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5% 4 |
Mashable
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5% 1 |
| View sources » | |
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12.07.2025 19:21
Last update: 19:10 EDT.
News rating updated: 02:10.
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