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Nurcin Metingil @ ArcticStartup 2 place · 07/08/2025 00:48 EDT

Finnish Steady Energy secures €32M funding to develop heat-focused small modular reactor

Steady Energy, a Finnish nuclear technology company focused on heat-only small modular reactors (SMRs), has closed a €32 million funding round. Investors include Finnish institutions such as Tesi and LocalTapiola, as well as international firms like Move Energy, Valo Ventures, and 92 Capital. The funding will support the construction of a full-scale, non-nuclear pilot plant […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/04/2025 08:39 EDT

Nordic Air Defence (NAD) raises $3M pre-seed

Stockholm-based defence technology startup Nordic Air Defence (NAD) has raised an additional $3 million in a pre-seed funding round led by VC firm Inflection, bringing the total raised to $4.4 million. The company develops drone defence systems aimed at reducing European reliance on foreign suppliers. The funding will support the development and production of its […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/04/2025 08:10 EDT

Techarena raises €1 million

Stockholm-based Techarena has secured over €1 million (SEK 12 million) in funding from BackingMinds to accelerate its international expansion. Known for convening startups, investors, and thought leaders through flagship events like Techarena Challenge and Time to Raise, the platform has seen 600% revenue growth in three years and hosted over 18,000 participants in the past […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 07/04/2025 05:55 EDT

Norrsken Foundation allocates €300 million to AI-focused impact startups

The Norrsken Foundation has pledged €300 million to support European startups developing artificial intelligence tools aimed at addressing large-scale societal and environmental challenges. The funding will be distributed through Norrsken VC, Norrsken Launcher, and Norrsken Accelerator. In a public statement, Norrsken’s investment team highlighted concerns that while AI has attracted record-breaking capital—over $110 billion in […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/03/2025 08:45 EDT

Kuva Space-Syke collaboration aims to transform national water monitoring using AI and hyperspectral data

Helsinki-based Kuva Space is partnering with the Finnish Environment Institute (Syke) on a pilot project aimed at improving the detection of harmful algae blooms in Finland’s inland and coastal waters. The initiative will test the applicability of Kuva Space’s hyperspectral satellite data and AI-driven analysis in complementing Syke’s existing monitoring methods, which rely on public […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/03/2025 03:39 EDT

Antler Nordics renews investment terms

Antler Nordics has rolled out updated investment terms for early-stage founders in Helsinki, Stockholm, Oslo, and Copenhagen, doubling its initial pre-seed investment to €200,000. The move follows the close of its second €100 million Nordic fund and is aimed at giving founders longer runway and faster commercial traction from the outset. Under the new structure, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/01/2025 11:25 EDT

Spacent raises funding

Spacent, a B2B workspace platform operating in 24 countries across Europe, has raised a funding round led by Gorilla Capital Fund III with participation from Lifeline Ventures, Halton Group, Redical Holdings AG, and Morrow Portfolio Oy. The company provides access to flexible workspaces aimed at supporting hybrid work models by helping organizations manage office costs […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/01/2025 11:10 EDT

Tandem Health raises $50M

Stockholm-based Tandem Health has raised $50 million in a Series A funding round led by Kinnevik, with participation from Northzone, Amino Collective, and Visionaries Club. The company develops AI tools aimed at reducing administrative tasks for clinicians by automating clinical note-taking and other workflow processes. Tandem’s technology is currently in use across several European countries, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/01/2025 10:17 EDT

New Baltic-Nordic partnership to bring VTOL aircraft to defence sector

Lithuanian aeronautics company Airvolve and Finnish defence systems provider Maverick Defence Oy have signed a Letter of Intent to deliver ten Airlift-U500 VTOL aircraft to Finland and Sweden, with first deliveries expected in mid-2026. Under the agreement, Maverick Defence will act as Airvolve’s distributor and operational partner in both countries, supporting demonstration, training, and integration […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/01/2025 09:54 EDT

Vesper Bio appoints Jacob Falck Hansen as CEO

Copenhagen-based biotech Vesper Bio has appointed Jacob Falck Hansen as Chief Executive Officer, replacing Paul Little, who led the company through its transition from preclinical to clinical development. Hansen, a partner at Lundbeckfonden BioCapital—the company’s largest shareholder—brings experience from both corporate strategy at Novo Nordisk and board roles in several biotech ventures. His appointment comes […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/01/2025 09:09 EDT

Leaf raises €1.74 million

Copenhagen-based Leaf has raised €1.74 million (13 million DKK) in its first investment round, led by Caesar and supported by EIFO, along with several angel investors. The company offers a digital platform designed to help businesses manage their insurance and pension by providing data-driven analysis and automation. Leaf aims to address the problem of many […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/01/2025 08:51 EDT

Norwegian startup closes €5 million round to ramp up ambient-powered MCU manufacturing

ONiO, an Oslo-based semiconductor startup, has raised €5 million in a Series A round to scale production of ONiO.zero, a wireless microcontroller that operates entirely on harvested ambient energy. The round was led by Stockholm-based node.vc with Helsinki’s Maki.vc as co-lead. Existing investors EIC Fund and MP Pension also participated. ONiO.zero integrates a RISC-V CPU, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/01/2025 08:31 EDT

Sweden’s Pixelgen Technologies secures $14.7 million from EIC Accelerator to broaden single-cell proteomics applications

Stockholm-based Pixelgen Technologies has been awarded $14.7 million (EUR 12.5 million) in blended grant and equity financing from the European Innovation Council (EIC) Accelerator. The funding will support the expansion of Pixelgen’s Proxiome Kit, a recently launched product for high-throughput analysis of protein interactions at the single-cell level. Pixelgen’s core technology, the Proximity Network Assay, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 07/01/2025 03:54 EDT

Visslan was acquired by Whistleblowing Solutions

Malmö-based startup Visslan was acquired by Whistleblowing Solutions AB, the company behind Whistlelink. The deal brings together two players in the Nordic whistleblowing tech sector, creating Sweden’s largest provider in the space. Visslan will continue operating under its existing brand, maintaining its platform, pricing, and customer relationships. The acquisition gives Visslan access to Whistlelink’s larger […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/30/2025 09:45 EDT

Tallinn startup Flowstep secures $2.6 million to launch “vibe design” globally

Flowstep, a Tallinn-based designtech startup, has raised $2.6 million in seed funding—bringing its total to $4.5 million—to support the global rollout of its AI-native design platform. The round was led by Supernode Global, with participation from Adesso Ventures, Angel Invest, Dnipro VC, Iron Wolf Capital, and angel investors including Anton Borzov (WhatsApp), alongside follow-on investments […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/30/2025 03:24 EDT

Epigenica raises $2.2 million

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/26/2025 00:52 EDT

Sweden’s Echandia raises $34 million to scale zero-emission marine tech

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/24/2025 09:29 EDT

Fiberwood awarded €3.1 million

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/24/2025 09:06 EDT

Finnish startup raises €10 million Series A to take software engineering intelligence mainstream

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/24/2025 06:15 EDT

Helsinki’s CloEE secures pre-seed funding to tackle industrial downtime with AI

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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29.07.2025 11:42
Last update: 11:36 EDT.
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