Gothenburg-based climatetech company Plagazi has signed a €29.5 million grant agreement with the EU Innovation Fund to support its Gävle Circular Park project, which aims to produce hydrogen and capture CO₂ from non-recyclable waste using plasma gasification technology. The project was one of 85 selected from 337 applications in the Fund’s 2024 call. The grant, […] Read more ›
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Vilnius-based venture capital firm Iron Wolf Capital has announced the launch of its second early-stage fund, targeting €100 million to support deep tech and AI startups across the Baltics. With over €30 million already raised, the fund is set to become one of the largest of its kind in the region. According to Sifted, Iron […] Read more ›
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AIATELLA, a Helsinki-based medtech startup, has raised €2 million in funding to develop and scale its AI-driven cardiovascular imaging tools. The round was led by Nordic Science Investments, with participation from Specialist VC, Harjavalta Ventures, Business Finland, and several angel investors. The company’s core technology automates the measurement of vascular imaging using data from MRI, […] Read more ›
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The global law firm DLA Piper has announced the release of its inaugural Nordic Venture Capital Report. As the only major law firm with a presence in each of the Nordic countries – Denmark, Finland, Norway, and Sweden – we are uniquely positioned to provide an in-depth perspective on market trends and deal terms in […] Read more ›
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Legora, a startup developing collaborative AI tools for legal professionals, has raised $80 million in a Series B funding round led by ICONIQ and General Catalyst with participation from existing investors Redpoint, Benchmark, and Y Combinator. The funding brings the company’s valuation to $675 million. Founded less than two years ago, Legora’s platform is used […] Read more ›
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Riga-based Aerones has secured $62 million in a financing round led by Activate Capital and S2G Investments, with participation from Carbon Equity and Overlap Holdings, and existing investors Lightrock, Blume Equity, Metaplanet, Change Ventures, and Extantia. This latest funding follows Aerones’ securing of a €4 million grant from the EU Innovation Fund in 2024 and […] Read more ›
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Lithuanian biotech company Genomika has contributed €600,000 to the €5.2 million DiDAX project, which focuses on advancing DNA-based data storage technology. Genomika develops compact DNA reading methods intended for specialized settings such as space missions, where traditional laboratory equipment is not feasible. The funding will support work on software optimization and practical applications, complementing Genomika’s […] Read more ›
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Helsinki-based startup Way Data Technologies has raised €2.6 million in a pre-seed funding round led by Pale blue dot, with participation from 10x Founders, Greens Ventures, and a remarkable group of angels from OpenAI Laura Modiano, Wolt Miki Kuusi, Marianne Vikkula and Smartly.io Tuomo Riekki. The company is developing Way Platform, a data infrastructure solution that […] Read more ›
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Lund-based Asgard Therapeutics, a biotech company focused on in vivo cell reprogramming for cancer immunotherapy, has appointed Dr Cristina Csimma to its Board of Directors and Professors Ignacio Melero and Brian Brown to its Clinical and Scientific Advisory Board. Dr Csimma brings extensive experience in global drug development and biotech governance, while Prof Melero and […] Read more ›
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Espoo-based biotech Enifer and São Paulo-based ethanol producer FS have joined forces to launch a pilot-scale production of PEKILO®Pet and PEKILO®Aqua mycoproteins in Brazil, marking the first deployment of Enifer’s proprietary fermentation technology in South America. Leveraging FS’s corn ethanol side streams as feedstock, the partnership aims to produce 500 tonnes annually of sustainable, high-protein […] Read more ›
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Copenhagen-based fintech startup Franklin has raised $1 million (6.6 million DKK) in a funding round backed by existing investors, angel investors, and family offices. The company, which provides financial tools tailored for e-commerce businesses—including payment cards with cashback and automated expense tracking—plans to use the capital to expand its team and further develop its product. […] Read more ›
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Tallinn-based fintech platform Income has secured a €540,000 investment from existing shareholder Dr. Hauptmann as part of a broader €1.5 million funding round, which includes a €250,000 allocation for retail investors via SeedBlink. Founded in 2020, Income connects retail and institutional investors to vetted non-bank lenders and has facilitated over €160 million in loans to […] Read more ›
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Groundley, a Copenhagen-based FinTech startup, has raised €970K in seed funding to further develop its AI-powered platform for financial and sustainability tracking in large enterprises. The round includes a loan from the Danish Export and Investment Fund (EIFO) and equity from a group of angel investors, including Christian Dideriksen. The investment values the company at […] Read more ›
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Endra, a startup developing an AI-powered platform for MEP (Mechanical, Electrical, and Plumbing) engineering design, has raised €3 million in a pre-seed funding round. Investors include Maximilian Viessmann (Vito One), Johan Edenström (Newsec/Stronghold), Simon De Château (Alma Property Partners), the Höglund brothers (Epidemic Sound), and Oljibe Invest. The company aims to streamline traditionally manual and […] Read more ›
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Copenhagen-based startup deepdots has raised €5.5 million in seed funding to further develop its AI platform for enterprise customer feedback analysis. The round was led by Dawn Capital, with participation from Maki.vc and angel investor Geeta Schmidt. deepdots provides a system that collects and analyzes customer feedback and other interaction data at scale, aiming to […] Read more ›
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Stockholm-based startup Alrik, which develops logistics software for the construction sector, has raised a new funding round, bringing its total capital to €7 million. The round was led by People Ventures, with participation from returning investor Pi Labs. Alrik’s platform addresses inefficiencies in construction logistics — an area still largely reliant on manual coordination — […] Read more ›
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When you hear the word unicorn, do you still picture a mythical, horned horse galloping through fairy tales? In today’s startup world, a unicorn is something far more real — and far more valuable. It’s a private company valued at $1 billion or more. Magical? Maybe. But behind the sparkle is a mix of vision, […] Read more ›
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Hedera Dx has closed a €15 million Series A round led by Vsquared Ventures, with participation from new investor Tesi and existing backers Helsana HealthInvest, Eyrir Venture Management, Inventure, and Top Harvest. The company develops blood-based liquid biopsy tests that allow hospital labs outside the US to perform molecular cancer diagnostics more efficiently and affordably. […] Read more ›
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spogen.ai, a Helsinki-based startup developing voice- and image-based assistants for heavy machinery, has closed a pre-seed funding round led by FOV Ventures, with participation from angel investors in Finland and the U.S. The company’s product is designed to support equipment operators in real time by providing hands-free guidance and troubleshooting. The funding will be used […] Read more ›
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Helsinki-based startup Inven has raised $12.75 million (€11.2 million) in a Series A funding round led by Ventech and Vendep Capital, with participation from angel investor Risto Siilasmaa and existing backers Lifeline Ventures and Joint Effects. Founded in 2022, Inven develops an AI-based platform designed to automate and enhance deal sourcing in private markets by […] Read more ›
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05.06.2026 06:38
Last update: 06:30 EDT.
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