Tribune Therapeutics, a Stockholm- and Oslo-based biotech company developing therapies for fibrotic diseases, has secured €37 million in seed and Series A funding. The Series A round, totaling €23 million, was led by LifeArc Ventures and joined by Industrifonden and Investinor, alongside existing investors Novo Holdings, HealthCap, Innovestor’s Life Science Fund, and Inven2. The funding […] Read more ›
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Sakura, a Swedish platform offering a marketplace for emotional and therapeutic support, has raised €270K (SEK 3 million) in a pre-seed funding round. The round is led by 8 Media Ventures (8MV), alongside strategic angel investors and soft funding sources. The funding will be used to scale sales efforts and deepen collaborations with companies seeking […] Read more ›
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Estonian Fractory has appointed Bjoern Klaas as its new Chief Executive Officer and confirmed a new funding round to support the company’s next phase of growth. Klaas brings more than two decades of experience in process and discrete manufacturing, most recently serving as Managing Director of Protolabs Europe. His focus will be on strengthening Fractory’s […] Read more ›
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Tallinn-based UP Catalyst has received €18 million in venture debt financing from the European Investment Bank (EIB) to expand its production of carbon-neutral graphite and carbon nanotubes derived from industrial CO₂ emissions. The company will use the funds to scale its molten salt electrolysis technology, enabling an annual output of 1,350 tonnes of graphite and […] Read more ›
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The Finnish Business Angels Network (FiBAN) has released its 2024 investment report, revealing a strategic shift in Finland’s early-stage investment landscape. While total angel investments rebounded to €31.5 million, the number of funded startups dropped significantly, reflecting a more selective and targeted approach. Investors are increasingly pooling resources through syndication, with a sharp focus on […] Read more ›
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ReykjavÃk-based Optise has raised $2.2 million in pre-seed funding to launch its AI-powered Website Insights platform, designed to help B2B companies turn their underperforming websites into revenue-generating machines. The round was led by Frumtak Ventures. Optise provides an AI-powered Website Insights platform that delivers personalized, actionable recommendations to help B2B companies optimize their websites for performance, […] Read more ›
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Tallinn-based Ultra has raised $12 million in funding, led by NOIA Capital‘s NOIA Digital Assets fund. This comes as the company undergoes a leadership change with Gus van Rijckevorsel taking the helm as CEO. With the new leadership in place, Ultra aims to disrupt the gaming industry by shifting the focus towards player-first, creator-driven platforms. […] Read more ›
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Stockholm-based Starhive has secured $5 million in a pre-Series A funding round led by Ventech, with participation from existing investor node.vc. This new round follows a $3 million seed round in September 2024. The company, which provides a platform for IT asset and service management, plans to use the funding to enhance its AI capabilities, […] Read more ›
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Businesses in Finland today are not just chasing profits—they’re building solutions that create lasting social and environmental impact. The Baltic Impact Accelerator (BIA) is at the forefront of this movement, supporting ambitious Finnish startups that are ready to scale internationally while embracing sustainability. With applications now open for its third cohort, BIA offers a unique […] Read more ›
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Helsinki-based Clock & Cloud has raised €1.5 million in a pre-seed round led by Danish Ugly Duckling Ventures, with additional backing from Finnish Icebreaker.vc. The company leverages AI to transform geopolitical intelligence into actionable business insights, helping companies navigate supply chain risks, security concerns, and global uncertainties. The funding will fuel product development, team expansion, […] Read more ›
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Copenhagen-based tech startup Signal has successfully raised €550K in a funding round backed by prominent investors, including Sonu Banga, Eske Gunge, Christian Jantzen, Philipp Baecker, Mikael Bondum, alongside experienced venture capitalists. Signal offers a cutting-edge AI-driven intelligence platform tailored to the needs of venture capital and private equity funds. The platform helps investors identify and […] Read more ›
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The Corporate Startup Activity Index by StartupBlink ranks 372 corporations globally based on their engagement with startups and innovation ecosystems. The report offers a detailed analysis of corporate involvement, startup success, and ecosystem integration, revealing key insights into how companies are fostering innovation through collaborations with startups. While Nordic and Baltic companies excel within their […] Read more ›
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Helsingborg-based payroll SaaS startup PayZlip has raised €650,000 (7 million SEK) through equity and non-dilutive loans, valuing the company at €5 million (54 million SEK). Investors include Pär Davidsson (former Coeli CEO), Erik Urnes (Linden Gruppen), and Anders Williamsson (former HemoCue), with existing backers increasing their stakes. Founded by Acke Salem, Eric Lavesson, and Jasmi […] Read more ›
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Vilnius-based startup Commody has raised €500,000 in pre-seed funding to develop a platform that allows users to co-own collectible and historic cars through digital ownership. The funding round includes contributions from Firstpick, Coinvest Capital, and private investors, and will help the company enhance its platform and expand its user base, initially focusing on Western Europe […] Read more ›
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Vantaa-based startup Fiberdom has secured €3.5 million in funding to advance the development and scaling of its patented plastic-free material. The investment comes from Heino Group, Nordic Foodtech VC, and Holdix Oy, with an additional €0.6 million grant from Business Finland. Fiberdom’s technology converts pulp and paperboard into a recyclable, compostable material with applications in […] Read more ›
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Nordic SeaFarm has appointed Christer Olausson as its new CEO, following the decision of Simon Hilmersson to step down for personal reasons. Hilmersson will remain with the company as Deputy CEO, focusing on expanding new business verticals and strategy. Olausson brings a strong background in business development, having held executive roles in industries such as […] Read more ›
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Copenhagen-based startup All Gravy has raised $2.9 million in a seed round to support its expansion in the UK hospitality and retail sectors. The funding round was co-led by Scale Capital and Moonfire, with participation from Nordic Makers (Alexander Aghassipour) and private investors including Jeppe Rindom (Pleo) and Fredrik Hjelm (Voi Technology). All Gravy develops […] Read more ›
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Reykjavik-based startup Heima has raised $1 million, led by Frumtak Ventures, to develop AI-driven tools for household management. Launched in 2023, the Heima app helps families organize and distribute household tasks using automation and gamification. With the new funding, Heima plans to introduce an AI assistant designed to streamline task coordination and reduce mental load. […] Read more ›
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Tallinn-based AI startup Fleetbrains has secured nearly €1 million in funding from Icebreaker.vc to develop its real-time vehicle inventory and fleet management solutions. The company’s technology analyzes market trends and past transactions to forecast the most profitable times and prices for buying or selling vehicles. With data from 300,000 vehicle sales worth approximately €10 billion, […] Read more ›
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Bought, a Finnish startup focused on making secondhand fashion sales easier, has raised $1.5 million in pre-seed funding, one of the largest rounds for a Finnish startup led by a team under 30. The funding comes from Lifeline Ventures, Wave Ventures, and key backers including Marianne Vikkula (Wolt COO & Marimekko board member), Sami Marttinen […] Read more ›
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05.06.2026 10:32
Last update: 10:26 EDT.
News rating updated: 17:24.
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