Vilnius-based isLucid has completed its pre-seed funding round, with €265,000 contributed by Coinvest Capital alongside investments from Business Angels Fund, Katalista Ventures, Agmis, and other angel investors. The funding will support isLucid’s expansion into Scandinavian and non-English-speaking markets and further development of its AI-powered platform for contact centers. The company’s tools analyze customer interactions, assist […] Read more ›
43
Digmi, a Småland-based SaaS company revolutionizing the beauty industry for hairdressers, recently completed an oversubscribed funding round at a valuation of €0,5 million with a valuation of €6,7 million (SEK 75 million). The funding was secured from both existing and new investors who have shown great confidence in the company’s national and international expansion. Digmi […] Read more ›
1
Digmi, a Småland-based SaaS company revolutionizing the beauty industry for hairdressers, recently completed an oversubscribed funding round at a valuation of €6.7 million (SEK 75 million). The funding was secured from both existing and new investors who have shown great confidence in the company’s national and international expansion. Digmi offers a range of services, including […] Read more ›
0
Dealguru, founded by Johan Selin in Lund in late 2022, secured €900,000 (SEK 10M) in venture capital from Finnish VC firms Gorilla Capital and Innovestor, along with angel investors and family offices. The startup aims to build Sweden’s largest community for shopping deals, emphasizing community collaboration in finding and sharing deals. Dealguru plans to develop […] Read more ›
1
Hakio, an Aarhus-based SaaS company, has secured a €4 million seed round led by People Ventures and Dreamcraft Ventures, with participation from existing investors Blazar Capital and Founderment. The company leverages machine learning algorithms to enhance forecasting accuracy for fashion brands, reducing global waste and cutting losses due to poor planning, which can amount to […] Read more ›
0
Evergrowth, a Vilnius-based AI-powered B2B account-based sales platform, has secured €2 million in pre-seed funding, led by Impellent Ventures and Practica Capital. The startup focuses on revolutionizing B2B sales by using AI to eliminate spam and irrelevant messages, providing personalized engagement with prospects. Within three months of its launch, Evergrowth is on track to reach […] Read more ›
0
BeCause, a Copenhagen-headquartered startup, has secured a total of $2.5 million in seed funding, with a recent $600K investment from Curiosity VC. Other investors in the round include Denmark’s Ugly Duckling Ventures, Estonia’s Superangel.io, and others. BeCause focuses on transforming sustainability data management in the hospitality, travel, and tourism industries. They provide a platform that […] Read more ›
27
Tallinn-based CognitiweAI OÜ has successfully closed a funding round, raising $1.05 million. The investment round was led by prominent venture capital firms and angel investors, including TechOne VC, Eleven Ventures, Flat6Labs, Domino VC, and Caucasus VC. The company specializes in AI solutions for visual analysis, with its flagship product, Wefresh, offering real-time insights and data-driven […] Read more ›
0
Spektr, a compliance-focused company, has secured €5 million in seed funding from Northzone, Seedcamp, and PreSeed Ventures. They plan to use the funding to implement advanced automation for compliance teams globally, addressing ongoing monitoring and risk management challenges. Spektr provides a no-code platform that automates risk processes, monitors activities, resolves alerts, and integrates with other […] Read more ›
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Franklin, a Copenhagen-based fintech startup catering to e-commerce businesses, has announced a strategic partnership with NIUM, an e-money institution and Visa principal member. This partnership will enable Franklin’s customers to access financial services provided by NIUM, including Visa cards with 0.5% cashback on marketing purchases, as well as integrations with e-commerce platforms, marketing channels, and […] Read more ›
2
Helsinki-based biotech company TILT Biotherapeutics has been awarded a $2 million grant from the U.S. Department of Defense (DOD) for a three-year project focused on ovarian cancer immunotherapy research. The project aims to evaluate the safety and efficacy of TILT-123, the company’s lead clinical program, in combination with pembrolizumab in platinum-resistant/refractory ovarian cancer patients. TILT-123 […] Read more ›
2
Portchain, based in Copenhagen, has raised $5 million in funding from Angular Ventures, with previous investments from Danish angel investors MK Ventures, Tommy Thomsen, CEO Lauritzen Foundation, Tom Behrens-Sorensen, former CEO Maersk China, Jesper Kjaedegaard, former CEO Maersk Line, Michael Hassing, former CEO Ports America, Kim Baroudy, Senior Partner McKinsey & Company, and Klaus Holse, […] Read more ›
0
Midio, a startup based in Oslo, has raised $660,000 in pre-seed funding to support its development of a visual programming interface for backend development. The funding round was led by Sondo Capital, with contributions from CTO Roundtable Invest, Tiny.vc, The Nordic Web Ventures, and angel investors from well-known Norwegian tech companies like Oda, Sanity, Ardoq, […] Read more ›
0
Vapaus, a Helsinki-based company focusing on mobility benefits, has secured €15 million in funding from Norion Bank. This investment will help Vapaus expand its presence in Finland and Sweden, where it offers sustainable transportation options and employee well-being services. Unlike typical bike subscriptions or ride-sharing services, Vapaus allows customers to “own” their ride for a […] Read more ›
0
Codicent, a Gothenburg-based AI startup, has raised its first investment round to further develop its AI-driven logbooks for managing and sharing knowledge within organizations. Founded by Linda Vitell and Johan Isaksson, Codicent’s AI logbook aims to streamline knowledge transfer and decision support, ensuring valuable knowledge is preserved and shared effectively. The investment will be used […] Read more ›
9
Stockholm-based startup Life Inside has recently secured €350k in funding from angel investors including Stefan Magnusson, Jonas Brogårdh, and Houman Ashrafzadeh. The company automates the collection and publishing of video testimonials, aiming to enhance platform interactivity, incorporate AI for content analysis, and expand global outreach. The funding will enable Life Inside to further develop its […] Read more ›
0
Swedish VC firm Chalmers Ventures has invested a million dollars in Vividye, a Gothenburg-based deeptech company specializing in sustainable dyeing technology for fibers and materials. Vividye’s process, based on research from Chalmers University of Technology, eliminates the need for harsh chemicals traditionally used in dyeing processes, reducing environmental impact. The investment will support Vividye’s product […] Read more ›
0
Klingit, a creative production service, has expanded to Finland after establishing itself as a challenger to traditional agencies in Sweden. Founded three years ago, Klingit offers a digitized platform for managing creative work, providing clear briefings, efficient production, and easy access to creative assets. The company aims to modernize the creative agency model, offering cost-effective […] Read more ›
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Klaus, the Tallinn-based startup, has been acquired by Zendesk, marking a significant development for both companies. With this acquisition finalized, Klaus is now officially part of Zendesk, a US-based company, merging their expertise and technologies. Zendesk’s acquisition of Klaus grants it access to Klaus’s AI-powered quality management platform, a valuable addition that enhances Zendesk’s workforce […] Read more ›
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Aegir Insights, a company based in Copenhagen, has secured €8.5 million in Series A funding. The investment was led by Seaya Andromeda, with Climentum Capital also participating. Aegir Insights specializes in providing software, data, and intelligence tailored for investors in offshore wind projects. The funding will enable the company to enhance its web platform, which […] Read more ›
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CyberUpgrade, a startup focused on cyber security solutions, has secured €650K in pre-seed funding from investors including NGL, FIRSTPICK, and several other angel investors. Led by founders Aurimas Bakas and Andrius Minkevičius, along with Nojus Antanas Bendoraitis and Algirdas Stasiūnaitis, the company provides services such as security assessments, personnel training, and assistance with integrating security […] Read more ›
0
Most popular sources
Business Insider
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27% 1 |
Tech Wire Asia
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14% 9 |
CNET
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7% 3 |
Eurogamer.net
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6% 2 |
The Verge
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5% 2 |
| View sources » | |
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28.11.2024 03:32
Last update: 03:20 EDT.
News rating updated: 10:21.
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