Estonia-based Patchstack has partnered with GoDaddy to bring vulnerability detection capabilities directly into GoDaddy’s Managed WordPress hosting platform, aiming to help small businesses respond more quickly to the growing volume of website security threats. Patchstack specializes in website vulnerability intelligence, detection, and mitigation, while GoDaddy is the world’s largest domain registrar and a major web […] Read more ›
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Latvian mobile payment provider Mobilly and Estonian parking technology company Snabb have announced a cross-border integration aimed at simplifying parking payments in both countries. Mobilly users will be able to pay for parking in all Snabb-operated lots in Estonia starting summer 2025. The move follows Snabb’s entry into the Latvian market earlier this April, where […] Read more ›
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Swedish fintech Mynt has announced a strategic investment from Visa as part of its Series B round, alongside an expanded reseller partnership that will see the company scale its spend management solutions across Europe. Founded in Stockholm in 2018, Mynt has become a leading platform for automating expense handling, offering corporate cards and seamless ERP […] Read more ›
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Swedish battery manufacturer Northvolt filed for bankruptcy on March 12, 2025, after struggling with rising capital costs, supply chain disruptions, and delays in scaling production. As part of the court-supervised process, Scania has acquired Northvolt Systems’ Industrial Division, which includes a production facility in Gdańsk and an R&D center in Stockholm. This unit, which develops […] Read more ›
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Tallinn-based Esgrid has raised a total of €900,000 in pre-seed funding to expand its offering from ESG risk management into broader supplier management for small and medium-sized businesses. The latest round was led by new investor 2C Ventures, with participation from existing backers Startup Wise Guys, Greenco Ventures, and Lemonade Stand. Esgrid initially developed an […] Read more ›
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Helsinki-based Wolt has entered into a partnership with Deutsche Telekom to provide Magenta Moments members in seven European countries with free access to Wolt+, the company’s subscription service. The rollout begins in Croatia and will extend to Austria, Czechia, Hungary, North Macedonia, Poland, and Slovakia. The deal gives Deutsche Telekom customers access to Wolt+ benefits […] Read more ›
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Sparrow Quantum, a leading European supplier of photonic quantum chips, has secured €21.5 million in Series A funding to accelerate the development and commercialization of its world-leading quantum chip technology. The investment round was led by PensionDanmark, with strong backing from EIFO and Novo Holdings and additional investments from existing investors 2xN, LIFTT, and the […] Read more ›
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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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14.06.2026 06:05
Last update: 06:00 EDT.
News rating updated: 13:03.
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