ICEYE, a Finnish SAR satellite company, recently secured an oversubscribed $93M growth funding round led by Solidium Oy, with participation from Move Capital Fund I, Blackwells Capital, Christo Georgiev, and existing investors. ICEYE specializes in SAR satellite operations for Earth Observation, offering persistent monitoring and natural catastrophe solutions. The funding will accelerate investment in ICEYE’s […] Read more ›
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Profilence, based in Oulu and known for its advanced software quality assurance solutions, has partnered with RemotiveLabs, a Malmö-based software startup specializing in modern and flexible tooling for software development in vehicles. This collaboration aims to combine Profilence’s expertise in stability analysis based on user behavior modeling with RemotiveLabs’ capabilities in integrating vehicle signals. The […] Read more ›
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Helsingborg-based Gridly has raised $2.6M (28 MSEK) in a seed round. The funding came from a variety of investors, including a major global games company, Nordic B2B software investor Subvenio Invest, and US-based digital media specialist Rendered.VC, along with existing investors. Founded by Christoffer Nilsson and Mattias Wennerholm in 2022, Gridly aims to streamline the […] Read more ›
0
Salesforge, a Tallinn-based startup in the B2B sales space, has raised $500K in pre-seed funding from a group of investors including BADideas.fund, Spring Capital, Fiedler Capital, and super angel Maciej Zawadzinski. The company offers AI-driven tools to help sales teams operate more efficiently. They provide products like Salesforge and Mailforge, which focus on personalized email […] Read more ›
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Dexude, an edtech platform based in Helsinki, Finland and Lagos, Nigeria, has secured an undisclosed amount of funding from Business Finland TEMPO to further develop its AI-powered, live-first, expert-led, and community-driven education platform. The funding is designed to support startups and SMEs aiming for international growth. Dexude’s platform aims to democratize education globally by providing […] Read more ›
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Red Rover Interactive has recently secured over €14 million in a Series A funding round. This significant investment was led by KRAFTON, a major player in the gaming industry which published several notable video game titles including PUBG: Battlegrounds, and included participation from Tirta Ventures, Overwolf, and several existing investors such as The Games Fund, […] Read more ›
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HappySignals, a Helsinki-based company specializing in Human-Centric IT Experience Management, has secured a significant investment of €12M. This funding round was led by Mandatum Asset Management, with additional contributions from existing investors Nauta and Vendep Capital. HappySignals aims to revolutionize IT decision-making by focusing on human-centric data and AI. They plan to utilize this funding […] Read more ›
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Aarhus-based Formalize, formerly known as Whistleblower Software, has secured a €15M Series A investment led by BlackFin. The company specializes in providing a comprehensive compliance operations platform that automates compliance workflows and processes for various regulations such as NIS2, GDPR, ISO27001, and SOC2, aiming to streamline operations and improve efficiency for organizations. The funding will […] Read more ›
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Daze, a Helsinki-based startup based in Helsinki, recently raised pre-seed funding from investors such as Antler and Wave Ventures. The Finnish startup focuses on streamlining the online returns experience by offering a service that collects items directly from customers’ homes, bypassing the need for packaging or labels. The funding injection will support the company in […] Read more ›
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CTO2B, a Vilnius-based startup offering a SaaS platform for automated DevOps on cloud infrastructure, has successfully closed a €1 million pre-seed funding round led by Practica Capital, with participation from FIRSTPICK and several business angels. The company’s platform aims to simplify infrastructure management for businesses by eliminating the need for specialized cloud infrastructure skills, enabling […] Read more ›
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Copenhagen-based fintech startup Flatpay has secured a significant €45M Series B funding round led by Dawn Capital, a seasoned investor with a track record of backing successful fintech companies like Tink and iZettle. Seed Capital and other investors also participated in this round. Flatpay distinguishes itself by offering SMBs payment software with no setup fees […] Read more ›
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Tallinn-based Outl1ne has been acquired by Net Group, a move set to enhance Outl1ne’s position in the AI landscape. This acquisition will see Outl1ne operating as a subsidiary of Net Group while retaining its individual identity. Outl1ne, known for its expertise in creating intelligent digital services and products, will now have access to greater resources […] Read more ›
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Saveggy, a Lund-based foodtech startup, has raised €1.76 million in funding from investors like Unconventional Ventures, LRF Ventures, Almi Invest GreenTech, and industry angels. They’ve created an innovative edible coating for fruits and vegetables that prolongs their shelf life, addressing the significant issue of food waste. With this funding, Saveggy aims to scale up its […] Read more ›
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Softloans, a Vilnius-based fintech startup, has secured a €1 million pre-seed investment round led by venture capital fund Firstpick, with strategic contributions from business angels. The company provides an embedded revenue-based lending solution aimed at helping small and medium-sized enterprises (SMEs) access working capital, particularly in the competitive e-commerce landscape. The funding will be used […] Read more ›
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Riga-based fintech startup inGain, formerly known as FIS.solutions, has raised €650K in funding from Trind VC, Fiedler Capital, the Latvian Business Angels Network, and several business angels. The company offers a no-code SaaS loan management system for fintech companies and businesses seeking to offer lending to their customers. This investment will be used by inGain […] Read more ›
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HoloSurge, a collaboration of European technology and healthcare leaders, has received a substantial €8.9 million Horizon Europe grant. Their goal is to enhance surgical planning and outcomes using HoloCare‘s 3D organ hologram technology. This innovative approach has already shown promise, with a significant reduction in the time required to align organs during liver surgeries compared […] Read more ›
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NPHarvest, a spin-off from Aalto University, has raised €2.2M in funding, consisting of a €1.3M equity investment and a €900,000 grant from the Finnish Ministry of the Environment and their RAKI program. The round was led by Nordic Foodtech VC, with participation from Stephen Industries and Maa- ja vesitekniikan tuki ry. The company has developed […] Read more ›
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A survey of 51 investment funds across Europe indicates that VC investments in Baltic startups could increase by up to 60% in 2024. This means that after a slow investment year that was 2023, VC investments in the Baltic region could return to 2022 levels when Baltic startups raised 2,164 billion euros in total. The […] Read more ›
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Gympak, a Helsingborg-based clothing and tech company, has appointed lawyer Krister Azelius as its new chairman of the board to facilitate its international launch, which is ahead of schedule. The company, known for its innovative products for travelers and businesses, has received significant interest from Nordic hotels and businesses, leading to higher-than-expected orders. Azelius, with […] Read more ›
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Blackswan Space, a Vilnius-based space tech startup, has secured €760K in pre-seed funding led by Scale Wolf, a fund for defense tech, with participation from Linas Sargautis, co-founder of NanoAvionics, and Lemonade Stand, Baltic Sandbox Ventures, and Vladas Lašas – a serial entrepreneur and angel investor. The company specializes in developing advanced software products for complex […] Read more ›
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Most popular sources
Business Insider
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32% 3 |
The Verge
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10% 2 |
Tom's Hardware
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7% 3 |
Eurogamer.net
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5% 1 |
CNET
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5% 1 |
| View sources » | |
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27.11.2024 17:54
Last update: 17:45 EDT.
News rating updated: 00:41.
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