Copenhagen-based Skycore Semiconductors has raised €5M in seed funding to commercialize its Power Integrated Circuit (IC) technology built for next-generation AI data centers moving toward 800V HVDC architectures. The round was led by the Amadeus APEX Technology Fund, with participation from First Momentum, Mätch VC, and Balnord, bringing the company’s total funding to €7.5M. Skycore […] Read more ›
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MONCYTE Health, a Helsinki-based company developing technology to address cardiovascular disease, is participating in the Horizon Europe-funded FH-EARLY project, a €7.2 million initiative focused on familial hypercholesterolemia (FH), an inherited metabolic disorder affecting millions. As part of a 15-member international consortium, the company will contribute its technology, which provides insights into cellular lipid processing and […] Read more ›
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AnaCardio, a Stockholm-based clinical-stage biopharmaceutical company, has secured a USD 19 million (SEK 205 million) Series A extension round to advance its first-in-class drug candidate AC01, a selective oral ghrelin receptor agonist, for treating heart failure with reduced ejection fraction (HFrEF). The financing was co-led by Novo Holdings, Pureos Bioventures, and Sound Bioventures, alongside existing […] Read more ›
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Selfly Store, a Finnish developer of intelligent vending technologies, has been acquired by Husky Intelligent Fridges, a European leader in connected commercial refrigeration. While Selfly Store specializes in data-driven vending systems for 24/7 unmanned retail, Husky focuses on advanced refrigeration solutions designed to optimize efficiency and support smart retail operations. The acquisition seeks to integrate […] Read more ›
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Superhero Capital, a venture capital firm based in Helsinki, has launched its fourth fund with a target of €50 million, focusing on early-stage investments in startups across Finland and the Baltics. The firm is expanding its reach into Lithuania, with two new partners joining the team. The first investments from the fund include CyberUpgrade, a […] Read more ›
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Chromafora, a Swedish environmental technology company, has secured €22.5 million in financing from the European Investment Bank (EIB) to advance its efforts in removing PFAS (per- and polyfluoroalkyl substances) from water. PFAS, commonly referred to as “forever chemicals,” are widespread pollutants linked to significant environmental and health risks. The funding will support the development and […] Read more ›
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PeptiSystems, a biotech company from Uppsala specializing in innovative peptide and oligonucleotide drug manufacturing, has raised €3.92M (45 MSEK) in a funding round led by Sciety and Sciety Venture Partners. The investment will be used to expand production capacity, scale global sales, and enhance sustainable pharmaceutical manufacturing through its proprietary solid-phase flowthrough technology, which reduces […] Read more ›
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CybExer Technologies, an Estonian cybersecurity firm specializing in AI-based training and testing solutions for IT and cybersecurity teams, has secured €1.5 million through the SEB Baltic Venture Debt programme. CybExer Technologies develops advanced cybersecurity training and testing solutions, utilizing artificial intelligence to help organizations train, assess, and enhance the performance of their IT and cybersecurity […] Read more ›
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SilentBerry, a Helsinki-based decentralized publishing platform utilizing the RGB++ protocol, has secured a strategic investment from the CKB Eco Fund to enhance its innovative approach to integrating authors and readers within the blockchain ecosystem. The platform enables authors to inscribe their books onto the Bitcoin blockchain, converting ownership and revenue rights into digital assets, such […] Read more ›
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Copenhagen-based Orbis Medicines has raised €90 million in a Series A funding round led by NEA, with additional support from Eli Lilly and Company, Cormorant Asset Management, LP, the Export and Investment Fund of Denmark, and existing investors Novo Holdings and Forbion. The funding will be used to develop the company’s pipeline of oral macrocycle […] Read more ›
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Eupry, a Copenhagen-based compliance technology company, has raised $24 million in a Series A funding round led by Chr. Augustinus Fabrikker, alongside existing investors Export and Investment Fund of Denmark, Ugly Duckling Ventures and Sagitta Family Office. The company develops hardware and software solutions that integrate validation, monitoring, and calibration processes, catering to highly regulated […] Read more ›
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Agrobiomics, a Nordic bio-agriculture company, has received €1.5 million from Denmark’s Green Development and Demonstration Programme (GUDP) to support its BIORESCUE project. The initiative focuses on validating a natural metabolite-based biostimulant, PTA, to enhance cereal crops’ resilience to drought and other climate-related stressors. Partnering with the University of Copenhagen, Agrolab, and SEGES Innovation P/S, the […] Read more ›
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HERVolution Therapeutics, a Copenhagen-based biotechnology company focused on targeting human endogenous retroviruses (HERVs) from the “dark genome,” has secured $11.7 million in Series A funding. The round was led by the Serum Institute of India (SII) with participation fromthe European Innovation Council (EIC) Fund. The funds will support key activities, including manufacturing and advancing the […] Read more ›
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Vilnius-based Pixevia, an AI pioneer in retail technology, has raised €340,000 in a bridge round extension led by Coinvest Capital, contributing €170,000. The round also saw participation from notable business angels, including Vladas Lašas and Renaldas Zioma. Pixevia specializes in autonomous stores and its cutting-edge Retail Core solution, which leverages standard video cameras to optimize […] Read more ›
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Voima Ventures has closed its €100M+ Fund III, focused on supporting early-stage science and deep tech startups across the Nordic and Baltic regions. The fund plans to invest in 25-30 companies, with initial investments ranging from €200,000 to €3 million, prioritizing innovations in fields like life sciences, energy, food, and advanced AI. Backed by institutions […] Read more ›
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DTE, a Reykjavik-based company in digital transformation for the aluminium industry, has appointed Auður Árnadóttir as Chief Financial Officer. With extensive experience in financial leadership roles across industries such as biotech and renewable energy, Auður brings critical expertise in strategic growth and operational efficiency. Her background, including overseeing complex funding initiatives and scaling operations, aligns […] Read more ›
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ŌURA, a leader in wearable health technology, has raised $200 million in Series D funding, increasing its valuation to $5.2 billion. The round saw participation from Fidelity Management & Research Company and Dexcom, a global glucose biosensing firm. The funding will support ŌURA’s development of AI-powered health features, global expansion, and potential acquisitions. The company, […] Read more ›
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Stockholm-based health tech company Corsmed has raised $3.5 million in seed funding from Luminar Ventures and Big Pi Ventures to further develop its groundbreaking MRI (Magnetic Resonance Imaging) technology. Corsmed’s software reduces MRI scan times from the traditional 45 minutes to just 2-3 minutes while improving diagnostic precision. The funding will accelerate product development and […] Read more ›
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Lightbringer, a Lund-based legal tech company founded in 2023, has raised €4.2 million in a funding round led by Luminar Ventures and Alliance VC, with additional contributions from Zenith Ventures and several Nordic angel investors. The company offers an AI-powered platform designed to simplify patent protection for small and medium-sized enterprises (SMEs) and startups. By […] Read more ›
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Swedish startup Adsorbi, SmellWell and Icebug have formed a partnership to develop Freshener Inserts, a new product designed to reduce the environmental impact of shoe deodorizers. The inserts are made from cellulose derived from Nordic wood, offering a sustainable alternative to traditional odor removers like activated carbon. Adsorbi, a greentech startup founded on research from […] Read more ›
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Orijin, a B2B SaaS company transforming agricultural supply chains, has secured strategic funding from Brainforest Association and Gorilla Capital to advance sustainability in coffee and cocoa production. Armed with cutting-edge tools for traceability, compliance, and environmental protection, Orijin empowers producers to meet stringent standards like the European Union Deforestation Regulation (EUDR). The company’s innovative approach […] Read more ›
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19.12.2025 18:12
Last update: 18:06 EDT.
News rating updated: 01:02.
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