Nordic SeaFarm has appointed Christer Olausson as its new CEO, following the decision of Simon Hilmersson to step down for personal reasons. Hilmersson will remain with the company as Deputy CEO, focusing on expanding new business verticals and strategy. Olausson brings a strong background in business development, having held executive roles in industries such as […] Read more ›
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Catchwise, an Oslo-based startup developing AI-powered solutions for the fishing industry, has secured €1.25 million in a pre-seed round led by Dreamcraft Ventures, with participation from Sondo, Ocean Impact, and angel investors from Oda, Enode, and Meltwater. The company integrates satellite tracking, historical fishery data, and ocean metrics to help vessels optimize routes and reduce […] Read more ›
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Tallinn-based Bolt has acquired Viggo, Denmark’s top-performing electric taxi company, marking its entry into the country’s ride-hailing market. Viggo, which operates a fleet of over 300 electric vehicles and serves 450,000 users, will now be integrated into Bolt’s platform. The acquisition allows Bolt to expand beyond its existing e-bike rental service in Copenhagen and establish […] Read more ›
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Oslo-based Kosli has raised €9.2 million in Series A funding from Deutsche Bank’s Corporate Venture Capital group, Heavybit, Defined Capital, and Transpose Platform to expand its automated governance solutions for software delivery in financial services. The funding will support Kosli’s efforts to help banks and other regulated institutions streamline compliance processes, automate change management, and […] Read more ›
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ENGYcell, a Riga-based energy management startup, has secured €450,000 in funding, combining a €250,000 pre-seed investment from Change Ventures with a European Union grant. Founded by the team behind OX Drive, the company provides AI-driven energy storage solutions that help commercial and industrial clients optimize electricity use, lower costs, and participate in grid-balancing markets. The […] Read more ›
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Based in Helsinki, Capalo AI has secured a €3.8 million seed round to expand its AI-driven virtual power plant, optimizing energy storage for a resilient and cost-effective green transition. Led by VentureFriends and PROfounders, with support from Inventure and Innovestor, the funding will fuel European expansion and scale Capalo’s battery asset management platform. By aggregating […] Read more ›
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Danish wave energy startup Wavepiston has raised €900,000 in funding from The Blue Line B.V., a Dutch joint venture backed by Connect the Drops and Unknown Group. Connect the Drops specializes in water-focused investments, while Unknown Group supports ventures in the energy transition. The funding will be used to enhance Wavepiston’s technology, validate its system […] Read more ›
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Malmö-based Re:meat® has raised €1 million in an oversubscribed funding round, backed by impact investor 8+ Ventures, alongside tech investors, family offices, and business angels, including Kristofer Forss (Bastard Burgers), Judith Wolst (SusTechable), Erik Rosengren and Jon Persson (co-founders of Söderberg & Partners), and Skåne Ventures. The company develops modular, cost-efficient cultivated meat technology designed […] Read more ›
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Zenniz, a Helsinki-based company specializing in smart tennis technology, has raised €2 million in a funding round led by Butterfly Ventures and Superhero Capital. Other investors include former ATP player Jarkko Nieminen and Janne Jormalainen, former president of the European Business Angels Network. The funding will support Zenniz’s expansion into the U.S. market and key […] Read more ›
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Oslo-based Installer has secured a €3.8 million seed round led by Brighteye Ventures, with participation from PT1, Futurum Capital, and Sondo Capital. The company develops a data-driven platform that connects businesses with trained installers for EV chargers, solar panels, and heat pumps. The goal is to simplify the installation process, reduce costs, and address labor […] Read more ›
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Tallinn-based Blackwall, formerly known as BotGuard, has secured a €45 million Series B funding round led by Dawn Capital, with participation from existing investor MMC, Expeditions Fund, Red Dawn Ventures, and Tera Ventures. The company provides cybersecurity solutions for hosting and managed service providers (HSPs & MSPs), focusing on mitigating the impact of malicious bot […] Read more ›
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Mifundo, a Tallinn-based fintech company specializing in cross-border credit assessments, has partnered with Experian to address a key challenge for EU expats and foreign nationals: the inability to carry their credit history across borders. Through its Verified & Passportable Financial Identity technology, Mifundo enables banks to access reliable credit data on individuals relocating within Europe, […] Read more ›
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Copenhagen-based ATLANT 3D has secured a $15 million Series A+ funding round, led by West Hill Capital, which also backed its $15 million Series A in 2022. The company develops Direct Atomic Layer Processing (DALP®) technology, enabling precise fabrication of materials for microelectronics, quantum computing, and aerospace applications. Since its last funding round, ATLANT 3D […] Read more ›
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Riga-based Mintos has appointed Kertu-Liina Lehismäe as its new Chief Marketing Officer, bringing experience from her previous role leading global customer acquisition at digital bank N26. Mintos operates as an investment platform offering passive income through diversified investments. In her new role, Lehismäe will oversee marketing, communications, and customer engagement as the company expands its […] Read more ›
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Maria 01’s 2024 Impact Report reveals that startups with international founders secured nearly 60% of all funding raised by the hub’s members, reflecting the growing role of global talent in Finland’s startup ecosystem. While overall revenue increased despite market challenges, the report also highlights a funding gap for female founders. In response, Maria 01 has […] Read more ›
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ZeroNorth, a Copenhagen-based maritime technology company, has secured a $20 million debt financing package from CIBC Innovation Banking. The funding will support the company’s growth through mergers and acquisitions, allowing it to acquire new technologies and expand its presence in the maritime sector. ZeroNorth specializes in using data and AI to optimize commercial performance and […] Read more ›
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Stargate Hydrogen, a company based in Tallinn, Estonia, has raised €11 million in a Series A funding round, following a successful seed round of €42 million. The investment comes from a mix of strategic customers in renewable energy and utilities, including Giga and UG Investments, as well as the SmartCap Green Fund. The company is […] Read more ›
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SparkReceipt, a Tampere-based company that offers pre-accounting software for small businesses, has raised an undisclosed funding round led by Trind Ventures, with additional support from the European Union’s InvestEU Fund and Business Finland. The company aims to expand internationally with the new investment. SparkReceipt is addressing a longstanding gap in accounting for micro-businesses, where many […] Read more ›
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The Nordic PropTech Awards 2025 celebrated the latest innovations in real estate technology, with Finland emerging as the standout winner. Announced in Copenhagen, the awards recognized six companies leading advancements in property management, fintech, energy, construction technology, sustainability, and urban mobility. Finland secured victories in half of the categories, underscoring its growing influence in the […] Read more ›
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Tallinn-based fintech startup Hoovi has secured €8 million through a structured bond issue from Finnish Multitude International Bank to strengthen its financial position and expand its services. Hoovi provides leasing, factoring, BNPL services, credit lines, and secured loans tailored for small and medium-sized enterprises. The new funding will support the company’s plans to expand its […] Read more ›
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Helsinki-based biotech company Valo Therapeutics has secured €19 million in funding to advance its cancer immunotherapy research. The latest €13 million round was co-led by Indaco Venture Partners and CDP Venture Capital SGR, with support from Fondazione ENEA Tech e Biomedical, adding to a previous €6 million investment from Australian backers, including Freeman Road. The […] Read more ›
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Most popular sources
Business Insider
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69% 7 |
Wired
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5% 3 |
The Verge
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5% 1 |
Gizmodo
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5% 3 |
MacRumors
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2% 0 |
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08.04.2025 06:54
Last update: 06:46 EDT.
News rating updated: 13:41.
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