Helsinki-based Zero has secured $2.7 million in pre-seed funding led by 20VC, with participation from 20Growth, 20Product, Discovery Ventures, Illusian, Greens, and angel investors such as James Hawkins (PostHog) and Irena Goldenberg (Highland). The funding will support the development of Zero’s AI-powered “zero-click” CRM, which aims to streamline B2B growth operations by automating tasks like […] Read more ›
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Flowering, a flower supplier based in Copenhagen, has secured a significant boost with the addition of Søren Flemming Larsen, former CEO of Interflora, as an investor. Flowering has already achieved considerable revenue through its digital-first and sustainable business model, which focuses on using environmentally certified flowers, local producers, and surplus blooms to reduce waste. With […] Read more ›
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Xnovo, known for its advanced imaging methods and materials characterization, has been acquired by RAITH Group, a global leader in nanotechnology and metrology systems. Founded in 2012 as a spin-out from the Technical University of Denmark (DTU), Xnovo specializes in innovative imaging algorithms, machine learning, and software for failure analysis and quality control. The acquisition […] Read more ›
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Oulu-based TactoTek has raised $60 million in a funding round led by Nidoco AB, part of Virala Group. The round included contributions from Cornes Technologies, Elo Mutual Pension Insurance Company, European Investment Bank, Finnish Industry Investment Ltd, 3M Ventures, Ingman Group, VTT Technical Research Centre of Finland, Conor Venture Partners, Turret Oy Ab, private investors, […] Read more ›
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Adcendo ApS, a clinical-stage biotechnology company based in Copenhagen, has secured $135 million in an oversubscribed Series B funding round. Led by TCGX, the round saw participation from new investors such as TPG Life Sciences Innovations, Orbimed Advisors, Venrock Healthcare Capital Partners, Surveyor Capital, and Logos Capital, along with existing investors like RA Capital Management […] Read more ›
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Membrane Finance, a Finnish Electronic Money Institution (EMI), is set to be acquired by Paxos, a leading blockchain infrastructure platform. The acquisition, which is still subject to regulatory approval, will see Membrane’s operations integrated into Paxos’ global platform, extending its reach into the European market. For Membrane, this transition will provide access to Paxos’ extensive […] Read more ›
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Neo4j, the Malmö-founded graph database pioneer, has raised $50 million from Noteus Partners, reinforcing its $2 billion valuation as it prepares for a potential IPO. The investment strengthens Neo4j’s balance sheet amidst growing demand for its GenAI-ready graph solutions, cloud expansion, and deepened partnerships. With $200 million in annual recurring revenue, Neo4j leads the graph […] Read more ›
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Rubus, a Scandinavian PropTech company specializing in digital platforms for multifamily construction, has acquired Germany-based bau digital to expand its presence in Europe. The merger combines Rubus’ expertise in streamlining construction workflows with bau digital’s established foothold in the DACH region, creating a unified platform for developers and contractors. With €2 million in new funding […] Read more ›
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Riga-based defence tech startup Origin has secured €4.5 million from the European Defence Fund to develop MPortISTAR, a compact, man-portable drone equipped with laser targeting capabilities for precision-guided munitions. In collaboration with partners from Lithuania and Germany, the project aims to deliver a more affordable and efficient alternative to larger UAV systems, enhancing operational safety […] Read more ›
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Normative, a Stockholm-based enterprise carbon accounting leader, has acquired Denmark’s Eivee to enhance its Nordic market dominance. Eivee, renowned for providing audit-ready carbon accounting solutions to some of Denmark’s largest companies, strengthens Normative’s capacity to deliver tailored emissions calculations and compliance solutions across Europe. This acquisition expands Normative’s client base to include key Danish corporations […] Read more ›
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Helsinki-based Leadoo has been acquired by SALESmanago, a European leader in customer engagement solutions. This partnership integrates Leadoo’s expertise in identifying and converting website visitors with SALESmanago’s established Customer Engagement Platform, creating a comprehensive solution for mid-market eCommerce businesses. The move strengthens Leadoo’s ability to serve clients in the Nordics, UK, and beyond, while offering access […] Read more ›
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Oslo-based Augere Medical has raised €1.9 million (NOK 23 million) in its first close funding round to accelerate the rollout of its AI-driven PolypAID™ system, designed to enhance polyp detection during colorectal cancer screenings. The funding will be directed toward expanding European sales and marketing efforts and strengthening the company’s AI development team. With the […] Read more ›
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Helsinki-based gaming studio BIT ODD has raised €17 million in a funding round led by Griffin Gaming Partners, with contributions from Makers Fund, Index Ventures, and other prominent investors. BIT ODD aims to bring creativity and emotional depth back to mobile gaming, countering the industry’s trend toward data-driven, finance-first game design. The studio plans to […] Read more ›
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Hyvinkää-based Keto Software has raised €8.4 million in a funding round led by Emerald Technology Ventures, with participation from Greencode Ventures, Sinituote’s Ilkka Brotherus, and Kimmo Rauma of Trauma Holding. The round includes €6.4 million in equity and €2 million in loans, propelling Keto’s mission to expand globally and enhance its AI-driven, no-code Strategic Portfolio […] Read more ›
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Stockholm-based Candela has successfully closed its Series C funding round, raising a total of $40 million in 2024, including a fresh $14 million led by SEB Private Equity, with participation from EQT Ventures and KanDela AB. Renowned for its electric hydrofoil technology, Candela develops high-speed, zero-emission vessels like the P-12 ferry, which halves commute times […] Read more ›
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Gridly, a content operations platform founded in Helsingborg, has named Anna Albinsson as its new CEO, with co-founder Christoffer Nilsson transitioning to Chief Product Officer. Albinsson, known for her experience in digital transformation and SaaS leadership, brings expertise from roles at Avoki, Whispr Group, and Bisnode. Her appointment signals Gridly’s plans to expand beyond gaming […] Read more ›
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BSV Ventures has secured €15 million to invest in pre-seed and seed-stage deeptech startups across the Baltics and the EU. Backed by partners like the NATO Innovation Fund and Lithuania’s ILTE fund, the firm focuses on helping researchers turn advanced scientific developments into scalable commercial solutions. With offices in Lithuania, Estonia, and Finland, BSV Ventures […] Read more ›
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Gothenburg-based eFuel developer Liquid Wind has raised €44 million in a Series C funding round led by Uniper, HYCAP, and Samsung Ventures, marking one of Europe’s largest eFuel investments this year. The funds will accelerate the rollout of ten eFuel facilities by 2027, as part of Liquid Wind’s ambitious plan to establish 500 globally by […] Read more ›
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Kodiak Hub, a Stockholm-based company focused on transforming Supplier Relationship Management (SRM) with AI-powered tools, has secured €6 million in funding from the B2B SaaS investment firm Oxx. The investment will support the company’s expansion, especially in the US, and help enhance its platform with advanced data analytics capabilities. Kodiak Hub’s platform offers procurement leaders […] Read more ›
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Oslo-based AI-driven platform Deckmatch has raised $3.1 million in an oversubscribed seed round co-led by Alliance VC and Luminar Ventures, with additional backing from First Degree Capital and Skyfall Ventures—all existing customers of the company. Founded in 2023 by Leo Gasteen and Walid Mustapha PhD, Deckmatch automates the analysis of startup pitch decks through REST […] Read more ›
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Most popular sources
Business Insider
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33% 14 |
Android Authority
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8% 4 |
Tom's Hardware
|
7% 18 |
Wired
|
7% 3 |
The Verge
|
6% 3 |
| View sources » | |
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20.12.2025 00:44
Last update: 00:35 EDT.
News rating updated: 07:31.
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