OlsAro, a Gothenburg-based agtech startup, has secured a €2.5 million seed round led by Future Food Fund and PINC, the venture arm of Paulig, with participation from AgFunder, FLORA Ventures, Mudcake, and existing investors. The company specializes in developing crop varieties, starting with a salt-tolerant wheat, using AI-enabled forward genetics to address food security challenges […] Read more ›
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Embarking on the entrepreneurial journey comes with its share of challenges, from financial management to avoiding burnout. To assist aspiring business owners, Business Name Generator has conducted a comprehensive analysis of 52 countries worldwide, identifying the most favorable and challenging locations to launch a startup company. This study considers various factors such as business tax […] Read more ›
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Gilion, a Stockholm-based company, has raised €10 million in equity funding, bringing their total raised funds to €40 million. Their investors include both existing supporters like Annika Falkengren and new backers such as Oscar Werner, Göran and Henrik Garvner, and Andrew Konopelski. Gilion’s core mission is to support tech companies by providing them with insights […] Read more ›
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Reshape, a Copenhagen-based biotech startup, has raised $20 million in a Series A funding round led by Astanor Ventures, with participation from Y Combinator, R7, ACME, 21stBio, and Unity co-founder Nicholas Francis. The company, founded in 2018, specializes in developing a robotic imaging system that assists scientists in automating visual inspections for lab experiments. Their […] Read more ›
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Mimo, a financial management platform catering to small and medium-sized businesses (SMBs), recently secured £15.5 million (€18 million) in funding. This investment round was led by Northzone, with participation from Cocoa Ventures, Seedcamp, Upfin VC, and several angel investors, including individuals associated with successful companies like Stripe, GoCardless, Wayflyer, and Anyfin. Mimo’s platform is designed […] Read more ›
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REDUCED, a company based in Copenhagen, has secured €6 million in funding led by Novo Holdings, with contributions from Einar Willumsen, EIFO, and Rockstart Agrifood. They specialize in using fermentation technology to turn food and agriculture side streams into natural food ingredients. The funding will help them enhance their technology, expand their range of savoury […] Read more ›
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Alvar Pet, a Helsinki-based pet food brand, has acquired Verkkokauppa Kivuton, an online store focusing on pet health, and partnered with Juuri Partners, a Finnish growth investor, to create the largest online store in the Nordics for pet health products. The acquisition allows Alvar Pet to combine its expertise in pet nutrition with Kivuton’s focus […] Read more ›
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Basemark, a Helsinki-based company specializing in automotive augmented reality (AR) software, recently secured €22 million in series B funding. This investment round was led by ETF Partners, with additional contributions from Finnish Industry Investment (Tesi), Constructor Capital, Business Finland, European Innovation Council, and several private investors. Basemark’s core product, Rocksolid AR, allows car manufacturers (OEMs) […] Read more ›
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Scayl, a recently unveiled debt financing platform, has secured a substantial €100 million investment. Founded in 2023 by Medjit Yalmaz, Patrik Blomdahl, and Jatin Goyal, Scayl offers European fintechs developing credit products a streamlined approach to funding, enabling them to finance their loan portfolios more efficiently and rapidly compared to traditional methods. The platform’s innovative […] Read more ›
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Alrik, a Stockholm-based company that creates operations software, recently secured €1M in seed funding. The funding comes from Pi Labs, a global VC firm. Alrik’s software is designed for the construction industry, allowing supervisors to easily monitor their fleets from a central system. This funding will help Alrik expand its operations across Europe, enhance its […] Read more ›
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Völur, an Oslo-based software company focused on using AI to revolutionize the meat industry, has successfully raised $2.8 million in funding. This round saw participation from new investors like Serra Ventures and York IE, as well as existing backers such as Idékapital, Fusion Fund, and Fortress Fund. The funding will be used to further Völur’s […] Read more ›
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Elcogen, a Tallinn-based clean energy technology company, recently raised over €140 million in funding. This includes more than €24 million in equity investments from Hydrogen One Capital Growth plc, HD Hyundai, and Mirae, as well as grants from the European Commission. Additionally, the company has secured a proposed debt of €15 million. Baker Hughes also […] Read more ›
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Plaace, a Oslo-based proptech company, recently secured €885k in funding. The investment was led by RunwayFBU, with participation from existing investors OBOS and Blommenholm Industrier, and support from Innovation Norway. Plaace specializes in providing data and analytics solutions for Commercial Real Estate companies, Retailers, and CRE Brokers, helping them define strategies, match with locations and […] Read more ›
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Skåne Ventures, a collaborative effort between Minc, Ideon Science Park, Hetch, and Krinova, has secured €2.9 million (33.6 million SEK) in its first funding round. This initiative aims to become one of Sweden’s largest investment structures for early-stage startups. Despite the challenges of raising capital in the current global climate, Skåne Ventures has attracted significant […] Read more ›
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Supersimple, a Tallinn-based data platform aimed at enabling users to answer complex ad-hoc questions with zero code, has announced $2.2 million in funding from investors including Tera Ventures, Specialist VC, Tiny VC, Ott Kaukver, Alvar Lumberg, Indrek Kasela, and Märt Kelder. The platform connects to existing data warehouses, allowing users to interact with data through […] Read more ›
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Gaia Biomaterials, a Helsingborg-based company focused on sustainable solutions, recently completed a $5 million rights issue. This funding round was supported by Almi Invest Greentech, a Swedish state-owned greentech venture capital fund, as well as private investors from both international and domestic markets. Gaia Biomaterials is known for its innovative product, Biodolomer, which is made […] Read more ›
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Ironic Biotech, a Lund-based biotech startup, has secured €1 million in funding from Nordic Foodtech VC in a pre-seed round. The company focuses on addressing iron deficiency and anemia, which affect a significant portion of the global population, particularly women. Their approach involves developing plant-derived proteins with high iron bioavailability and no side effects, offering […] Read more ›
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Telness Tech, a Swedish software company for the telecommunications industry, has secured €5 million in funding from Industrifonden and Viltor (JCE Group), to fuel its rapid international expansion, particularly in the US. The company’s platform enables mobile operators to launch fully digital solutions, reducing costs significantly and speeding up the time to market. With this […] Read more ›
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Polar Night Energy, a Tampere-based startup, has secured €7.6 million in seed funding to support its innovative Sand Battery technology. Led by Jonathan Oppenheimer, the funding round also included contributions from Stephen Industries, Holdix, Turret, PC Rettig & Co. Impact, and existing investors. The company’s Sand Batteries are designed to store thermal energy, enabling increased […] Read more ›
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iDenfy, a Kaunas-based identity verification and fraud prevention company, has partnered with SCOPE FinTech Solutions, a Netherlands-based business specializing in fintech SAAS solutions, to enhance fintech security in response to the European market’s expansion and increasing financial fraud threats. Through this partnership, SCOPE will integrate iDenfy’s AI-powered ID verification, including 3D liveness detection, into its […] Read more ›
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Most popular sources
Business Insider
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29% 0 |
Tech Wire Asia
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10% 5 |
CNET
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7% 4 |
The Verge
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7% 1 |
Eurogamer.net
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6% 1 |
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27.11.2024 19:37
Last update: 19:31 EDT.
News rating updated: 02:31.
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