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ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/22/2025 05:29 EDT

MailMoo secures €300k pre-seed

MailMoo, a Helsinki-based SaaS startup, has raised €300K in pre-seed funding to further develop its AI-powered video personalisation platform. Led by Innovestor, with additional support from Monttu Ventures and a syndicate of twelve angel investors with expertise in SaaS and B2B technology, the funding will enable MailMoo to expand its engineering team and enhance the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/22/2025 04:37 EDT

ArcaPay acquired by Ebury

Lithuanian fintech company ArcaPay, known for its cross-border B2B payment solutions, is being acquired by Ebury, a UK-based financial services provider owned by Banco Santander. ArcaPay has grown across the Baltics and Finland, serving over 1,500 SMEs with currency risk management and international transactions. The acquisition will integrate ArcaPay into Ebury’s global network, expanding its […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/21/2025 09:00 EDT

Re:Play partners with Sigma Technology

Re:Play, a Swedish startup dedicated to sustainable learning in preschools, has partnered with Sigma Technology to digitalize its platform, making repurposed educational materials more accessible. The collaboration has already resulted in an IT platform used by preschools in Kronoberg County, with additional developments underway, including a sales portal, rental system, and knowledge-sharing module. By leveraging […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/21/2025 05:27 EDT

Estonian Modash takes over Promoty to enhance influencer CRM tools for brands

Tallinn-based influencer marketing platform Modash has acquired Promoty, a CRM-focused influencer platform, to enhance ecommerce brands’ ability to scale creator partnerships. Modash, known for its extensive influencer search and analytics capabilities, aims to integrate Promoty’s workflow tools, streamlining brand-creator collaboration. The move follows Modash’s $12M Series A funding and reinforces its expansion in the Nordics, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/21/2025 04:02 EDT

Estonian startup secures €2.6 million to boost virtual power plant expansion

Fusebox, a leading flexibility provider in the Baltics, has raised €2.6 million to scale its SaaS platform and strengthen its European presence. The round was led by Soulmates Ventures, with participation from SmartCap, Eneco Ventures, and PKO Bank. Fusebox’s Virtual Power Plant (VPP) technology and Energy Management Systems help utilities and industrial clients reduce energy […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/17/2025 05:52 EDT

Naco Technologies, a Riga-based company specializing in advanced nano-coating solutions for green energy systems, has raised €2.5 million in an expanded pre-Series A funding round. Radix Ventures led the additional investment, with continued backing from Impact Ventures and Kendris Capital. Naco’s nano-coatings aim to enhance the efficiency and cost-effectiveness of green energy technologies, such as […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/17/2025 04:53 EDT

Siena’s €50M Fund II kicks off with Katana investment, strengthening CEE focus

Siena Secondary Fund has launched its €50 million Fund II, marking its first investment with a stake in Katana, an Estonian B2B SaaS startup specializing in cloud-based inventory management. Katana provides modern manufacturers and e-commerce businesses with an all-in-one platform to streamline inventory, production, and order management. Siena, known for providing liquidity to early investors […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/16/2025 03:10 EDT

Bambuser partners with Zara

Stockholm-based Bambuser is entering the Chinese market through a partnership with Zara, integrating livestream shopping into the fashion retailer’s e-commerce channels. This collaboration coincides with Zara’s ‘Chinese New Year’ collection, which launched on January 9th and is now available for purchase via shoppable livestreams. The move reflects a broader industry trend, as brands increasingly shift […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/15/2025 08:37 EDT

Swedish AI startup lands $15M in funding to accelerate DeepSea network development

Gothenburg-based Privasea has raised $15M in Series A funding, bringing its valuation to $180M. The round was led by GSR, Amber, and Echo, with continued support from Binance Labs, OKX Ventures, Gate Labs, and Laser Digital. The company plans to use the capital to accelerate the development of its DeepSea AI Network, which combines Fully […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/15/2025 08:20 EDT

Danish startup Morningscore secures funding to elevate AI SEO and broaden reach

Morningscore, an Odense-based SaaS company specializing in a gamified SEO tool, has raised $700,000 in funding from angel investors Bo Møller and Lasse Schou Holbøll. The company, founded in 2018 and currently nearing $1M in Annual Recurring Revenue (ARR), serves over 1,000 customers. The funds will be allocated to enhancing the platform’s AI capabilities, expanding […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/14/2025 09:13 EDT

Iceland’s Lava Network raises $12M to support decentralized blockchain data for AI and dApps

Lava Network, a Reykjavík-based blockchain infrastructure company, has raised $12 million to enhance its platform, which helps manage data access across over 40 blockchain networks. The funding round saw participation from investors like iAngles, Animoca Brands, and Gate.io Ventures, along with notable individuals like Sandeep Nailwal, co-founder of Polygon. Lava’s goal is to address data […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/14/2025 08:42 EDT

Swedish company closes €108M Series C to drive sustainable heating solutions in Europe

Qvantum, an Åstorp-based company specializing in heat pump technology, has raised €108 million in a Series C funding round to expand its production capabilities and support its geographical growth across Europe. The funding will be used to scale operations at its facility in Åstorp, Sweden, which began production in early 2024. The company focuses on […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/14/2025 08:23 EDT

Kyocera backs Finnish company with €5M investment, strengthening strategic partnership

TactoTek, an Oulu-based developer of In-Mold Structural Electronics (IMSE®) technology, has received a €5 million investment from Kyocera, marking a strategic partnership between the companies. Kyocera plans to incorporate its HAPTIVITY® piezoceramic actuators into IMSE-based human-machine interfaces (HMIs), creating thinner and lighter tactile feedback solutions. TactoTek licenses its IMSE technology to partners for applications such […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/14/2025 07:57 EDT

Finnish climatetech company secures €44M to scale low-carbon hydrogen technology

Kokkola-based Hycamite has secured €44 million in Series A funding to scale its methane-splitting technology, which generates low-carbon hydrogen and solid carbon for industrial use. The funding, completed in two stages, will enable the launch of an industrial-scale demonstration unit in Kokkola, Finland. The investment round was led by Sojitz Group, with contributions from existing […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/14/2025 04:36 EDT

Lithuania’s Innovation Agency offers funding for gametech and edtech startups

The Innovation Agency of Lithuania has opened a new funding opportunity for GameTech and EdTech startups, offering grants of up to €62,046.60. A total of €992,745.60 will be distributed across selected startups, with a focus on innovation-driven companies in these fast-evolving sectors. The funding is aimed at startups that are registered in Lithuania for no […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/13/2025 08:56 EDT

Sweden’s Blykalla secures key collaboration with KSB for advanced nuclear systems

Blykalla, a Stockholm-based developer of liquid lead-cooled small modular reactors (SMRs), has partnered with KSB, a manufacturer of pumps and valves for nuclear applications, to co-develop specialized pumps for the SEALER reactor. These pumps, crucial for the reactor’s functionality and cost-efficiency, will be designed to withstand the demanding conditions of liquid lead environments. The collaboration […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/13/2025 07:57 EDT

Finland’s Rappta Therapeutics partners with SpringWorks for development of novel cancer treatment

Helsinki-based Rappta Therapeutics has entered into a global license agreement with SpringWorks Therapeutics for the development of RPT04402, a first-in-class molecular glue targeting the PP2A enzyme, which plays a key role in tumor suppression. PP2A mutations are associated with certain subsets of uterine cancer, and RPT04402 has shown promising pre-clinical results in these models. As […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/13/2025 06:47 EDT

Swedish Spiideo acquires Signality, merging optical tracking with AI-powered sports technology

Malmö-based Spiideo has acquired Signality, a Linköping-based company specializing in optical tracking and sports data generation, as part of its strategy to enhance its sports video and data capabilities. The acquisition will integrate Signality’s real-time data and analytics technology into Spiideo’s existing platform, which serves a range of sports organizations, including leagues, federations, and schools. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/10/2025 08:12 EDT

Estonian startup raises €380K pre-seed funding to advance no-code workflow solutions

Tallinn-based startup Askel.ai has closed a €380,000 pre-seed funding round led by Superangel, joined by investors such as ProcessOut co-founder Manuel Huez, Matrix partner Patrick Malatack, Veriff co-founder Janer Gorohhov, and Ott Kaukver former CTO of Checkout.com and Twilio, and tech executive of Skype. The no-code platform allows SaaS companies to embed workflow automation into […] Read more ›

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19.12.2025 22:57
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