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 ›
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Go Autonomous, a Copenhagen-based company, has secured $10.3 million in Series A funding from Octopus Ventures, Ridge Ventures, EIFO, and 42Cap. The company specializes in AI-powered solutions for B2B commerce, particularly focusing on streamlining transactional data processing from emails. This funding will fuel the company’s growth, helping it expand across Europe, the UK, and eventually […] Read more ›
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MANTLE, a skincare company based in Stockholm, has secured a £2.4 million investment round led by Venrex, a British venture capital firm. This funding, along with previous investments, totals £6.9 million. The company, founded by Josefin Landgård in 2020, focuses on creating clean and effective skincare products using innovative ingredients. Mantle, led by a predominantly […] Read more ›
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Fever, a Stockholm-based power technology company, has raised €10 million in seed funding from General Catalyst, with participation from previous investors La Famiglia and Norrsken VC. The company is focused on building an API-centric platform for virtual power plants, which aims to make the power grid more flexible and enable the transition to renewable energy […] Read more ›
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Nordic Foodtech VC has bolstered its presence in Denmark with the appointment of Louise Heiberg as an Investment Director, joining from PINC, the VC arm of Paulig Group. Heiberg brings substantial experience in food tech investing and a strong commitment to sustainable food systems. Denmark’s leadership in biosolutions, exemplified by companies like Chromologics and EvodiaBio, […] Read more ›
0
Axiology, a Vilnius-based infrastructure for tokenized securities trading, has raised €2M in funding from angel investors, Baltic Sandbox Ventures, and Coinvest Capital. Led by Dr. Marius Jurgilas, the startup aims to revolutionize capital markets by leveraging Distributed Ledger Technology (DLT) to reduce costs associated with financial operations. The funding will be used to develop a […] Read more ›
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Pluto.markets, a Copenhagen-headquartered startup focused on brokerage services, has successfully raised $2.6 million in funding. The funding round was oversubscribed and included investors such as Magnetic, a Berlin-based technology investor, as the lead, along with participation from six local unicorn founders, Y-Combinator, Nordic Makers, and other notable angels. Founded by a former Goldman Sachs trader, […] Read more ›
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Myrspoven, a Stockholm-based company focused on AI-driven building optimization, has received a €5.4 million investment from investors including 4impact capital, Vantaa Energy, and AMAVI Capital. Their technology helps buildings save energy, with a track record of success across multiple countries. The funding will support their expansion efforts across Europe and beyond, allowing them to further […] Read more ›
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Holdbar, a startup based in Aaurhus, has raised $3.5 million in seed funding from investors including Steve Fredette, co-founder of Toast, Inc., and firstminute capital, founded by Brent Hoberman. The company offers a comprehensive software solution designed specifically for experience providers, incorporating features like booking systems, payment processing, team management, and marketing tools. With this […] Read more ›
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Bob W, a Helsinki-based hospitality company, just secured €40 million in Series B funding from a group of investors including Evli Growth Partners, Taavet+Sten (the investment firm of Wise’s founder Taavet Hinrikus and Sten Tamkivi), Flashpoint, and Supercell’s co-founder Mikko Kodisoja. They specialize in offering unique aparthotels across Europe, combining the comforts of home with […] Read more ›
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Kuva Space, an Espoo-based company specializing in hyperspectral satellite technology, is expanding into the United States with the establishment of Kuva Space US in Virginia. They’ve enlisted Jerry Welsh, former CEO of ICEYE US, to lead their U.S. expansion efforts. Their technology allows detailed monitoring of Earth materials and conditions, with applications spanning defense, safety, […] Read more ›
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Froda, a Stockholm-headquartered tech company specializing in SME financing solutions, is teaming up with Ageras, a provider of integrated banking and financial services, to expand its operations into Germany. Through this partnership, Froda’s platform, Froda Embedded, will integrate with Ageras’ services, allowing 50,000 German entrepreneurs to access SME financing directly through their Visa Business cards. […] Read more ›
2
Stockholm-based Northe and Brite Payments have joined forces to revolutionize the electric vehicle (EV) charging landscape. Northe is a platform facilitating electric vehicle charging management, while Brite Payments specializes in instant payment solutions. This collaboration aims to simplify and streamline payment processes for EV charging, particularly targeting fleet operators and leasing companies. By integrating Brite […] Read more ›
0
Reveel, a startup based in Finland, has just secured €650K in pre-seed funding from Inventure and a group of prominent angel investors. The company, founded by a team of passionate individuals including Sebastian Mellblom, Robin Kanerva, Fredrik Fazer, and William Helmenius, is focused on modernizing the tourism industry. Their platform aims to transform traditional paper […] Read more ›
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Tuum, a Tallinn-based core banking provider, has raised €25 million in a series B financing round. The investment was led by CommerzVentures and included participation from Speedinvest, as well as existing investors. Tuum focuses on helping banks transition to more adaptable and cost-effective digital systems, enabling them to innovate and expand into new markets. The […] Read more ›
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Tallinn-founded Starship Technologies has recently raised $90 million in funding, with Plural and Iconical leading the investment round. This brings the total funding raised by the company since its founding in 2014 to $230 million. Alongside Plural and Iconical, other investors in Starship Technologies include notable names such as Janus Friis and Ahti Heinla, co-founders […] Read more ›
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Leya AI, a Vilnius-based company, has successfully raised €1 million in pre-seed funding from investors including V-Sharp Venture Studio, Inventure, BADideas.fund, and angel investors who joined this round to back up Leya’s vision. The company focuses on democratizing access to personal coaching by initially revolutionizing language learning through an affordable real-time speaking AI Tutor. The […] Read more ›
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Oslo-based OTee has secured €1.25 million in funding, led by RunwayFBU and Superangel, with contributions from Antler, StartupLab, and a group of angel investors including Gunnar Evensen, Trond Riiber Knudsen, Snorre Larsen and Olav Slupphaug. OTee focuses on industrial automation software, aiming to modernize operations by promoting open control system architectures. The funds raised will […] Read more ›
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Oslo-based Saga Robotics has raised $11.5 million in growth capital from existing and new investors, including Nysnø Climate Investment, Aker, Rabo Ventures, Hatteland, Melesio Capital, Sanden, Songa Investments, part of the Blystad Group, and MP Pensjon. The Norwegian technology company specializes in using AI-powered robots, particularly Thorvald, to transform traditional agricultural practices. Thorvald replaces tractors […] Read more ›
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Dagsmark Petfood, a Hankasalmi-based company specializing in pet foods, recently concluded its acquisition by VAFO Group, a major European producer of super-premium pet foods. This acquisition, finalized in late January, strategically positions VAFO Group as a dominant player in the Nordic pet food market. Under VAFO Group ownership, Dagsmark’s operations, including its production facility in […] Read more ›
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Heart Aerospace, a Copenhagen-based company focusing on hybrid-electric airplanes, has successfully raised $107 million in Series B funding from investors including Sagitta Ventures, Air Canada, Breakthrough Energy Ventures, European Innovation Council Fund, EQT Ventures, Lowercarbon Capital, Norrsken VC, United Airlines, and Y Combinator. The company aims to use the funding to further advance the development […] Read more ›
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Most popular sources
Business Insider
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26% 2 |
Tech Wire Asia
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14% 9 |
CNET
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7% 4 |
Eurogamer.net
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7% 2 |
The Verge
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6% 2 |
| View sources » | |
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28.11.2024 03:49
Last update: 03:40 EDT.
News rating updated: 10:41.
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