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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Chromologics, the Copenhagen-based biotech spin-out from DTU, has raised €7 million from Novo Holdings, EIFO, Döhler Ventures, Collateral Good and The Synergetic Group, bringing its total funding to nearly €20 million. The company develops fermentation-based natural food colours, led by its flagship ingredient Natu.Red®, a heat- and pH-stable alternative to synthetic red dyes. The fresh […] Read more ›
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Tallinn-based Bolt is joining forces with Pony.ai to bring Level 4 autonomous driving to Europe, marking a major leap in urban mobility. The partnership integrates Pony.ai’s world-leading self-driving technology into Bolt’s extensive ride-hailing ecosystem, beginning with real-world testing, safety validation, and service design across select EU and non-EU European cities. By pairing Pony.ai’s autonomous vehicle […] Read more ›
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Grasp, a Stockholm-based AI company developing multi-agent systems for automating investment banking and consulting tasks, has appointed former Pitchbook Core EMEA Director Lukas Otto as its UK Managing Director. Otto, who joined Pitchbook in 2017 and played a key role in building out its European operations, will oversee Grasp’s London office — the startup’s first […] Read more ›
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Norway-based startup Fronted has secured $1 million in pre-seed funding from Antler and Sondo Capital to further develop its AI-driven platform for managing global hiring and employment. The company is building a system that brings recruitment, onboarding, payroll, compliance and offboarding into one workflow—an attempt to streamline a process that today is handled across multiple […] Read more ›
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Stockholm-based Incore Invest has secured a second closing of its Incore Invest II fund at around €40 million, following an additional €15 million raised from new and existing investors. The fund targets high-growth SaaS and fintech startups across Europe, with a focus on scalable platforms and embedded finance solutions. The new capital boosts the firm’s […] Read more ›
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Espoo-based quantum-algorithm developer QMill and Montréal’s ÉTS have formalized a strategic research partnership that brings together QMill’s industrial expertise in near-term quantum software and ÉTS’s growing academic strength in quantum-algorithm science. The collaboration will focus on co-developing, testing, and benchmarking algorithms designed for real-world use cases—particularly in sectors such as energy, logistics, and telecommunications—while enabling […] Read more ›
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Espoo-based physical AI lab NestAI has raised €100 million in strategic investment from Nokia and Tesi, coinciding with a new partnership to co-develop AI-native defense and critical-infrastructure technologies. NestAI builds next-generation AI systems for unmanned vehicles, autonomous operations, and data-centric command-and-control platforms used in logistics, inspection, security, and defense. The fresh capital will accelerate R&D […] Read more ›
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Espoo-based Adalyon has named Ulrik Zeuthen as its new CEO, while founder Dr. Katarina Cantell moves into the role of Chief Scientific Officer, marking a structural shift as the company advances its work in AI-based speech biomarkers for clinical research. Zeuthen, previously a director at Novo Nordisk and a data strategist at Deloitte, brings experience […] Read more ›
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Copenhagen-based compliance startup Complir has raised €1.7 million in pre-seed funding to help retailers navigate the rising complexity of global product regulations. The round was led by Vendep Capital, with participation from Likeminded, Plug and Play, F-LOG Ventures, and several industry operators including former Coop Group CEO Kraen Oestergaard Nielsen, GS1 board member Per Thau, […] Read more ›
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Helsinki-based Gosta Labs has raised a €7.5M seed round led by Voima Ventures, with backing from COR Group, Terveystalo, the Aho family, Reaktor and notable angel investors, bringing its total funding to nearly €10M. Founded by the ex-Kaiku Health team, the company is building an AI operating system for oncology that turns every patient visit into […] Read more ›
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Stockholm-based Kovant has secured €1.5M in pre-seed funding as it launches its enterprise AI platform publicly. The round was led by J12 Ventures, with participation from Ampli, Green Ventures, and several angel investors, including Sarah Öhrvall—who will join the company’s board—and Emmanuel Martin-Chave of DataGuard. Kovant develops an “agentic” AI system that enables organisations to […] Read more ›
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Copenhagen-based food-tech startup Noahs has secured €1.9 million in fresh funding to accelerate its push toward modernizing the €1T global convenience retail sector. The round, led by PSV Tech with participation from prominent angels including former Coop Denmark CEO & CTO Kraen Nielsen, RBS & Associates President Bob Stein, and existing backer Torben Frigaard Rasmussen, […] Read more ›
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Norwegian identity-visibility startup Bsure has raised $2.1 million in seed funding to tackle one of the biggest hidden risks in modern IT: the blind spots inside Microsoft environments. The round was led by Scale Capital, with participation from existing US-based shareholders. Bsure gives companies a real-time map of users, access rights, and dormant accounts across […] Read more ›
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Latvia-based TestDevLab, known for its deep specialization in software quality engineering, has been acquired by global engineering firm Xoriant as part of the latter’s ongoing expansion into Europe. For TestDevLab—whose 500-person team works across test automation, performance and multimedia testing, accessibility, UX, and network simulation—the deal provides access to larger international delivery networks and broader […] Read more ›
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Tallinn-based PowerUP Energy Technologies has secured a €10 million Series A round to scale its hydrogen fuel-cell generators, a dual-use technology already proven in extreme operational environments. The round was co-led by defence-aligned venture firms Mercaton and ScaleWolf, with participation from SmartCap’s EU-backed Green Fund and existing investors. PowerUP develops silent, emission-free hydrogen generators used […] Read more ›
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Delta Charge, a Swedish-German company working on battery-supported charging infrastructure for electric trucks, has raised $4.3 million in equity funding. The round was led by Vireo Ventures and Rethink Ventures, joined by Audi and Allianz executives, German family offices, and climate-tech founders from Munich. Founded in 2024, the company develops depot-based charging sites that combine […] Read more ›
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Swedish SaaS company Wiraya, known for its intelligent, voice-led communication technology, has merged with On-Time Research Solutions Oy, a Finnish SaaS provider specializing in customer engagement and payment reminders. The combined company aims to create the leading Nordic platform for intelligent voice-driven communication in sectors such as debt collection, insurance, and customer activation. The merger, […] Read more ›
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Lund-based deep-tech startup AlixLabs has raised a €14.1M Series A to speed up the industrialization of its Atomic Layer Etching Pitch Splitting (APS™) technology, a process designed to make advanced semiconductor manufacturing cheaper and more energy-efficient. The round was co-led by long-time backers Navigare Ventures, Industrifonden, and FORWARD.one, with new participation from STOAF and Japan’s […] Read more ›
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Oslo-based SportAI, a B2B sports technology startup using AI-powered video analysis to deliver professional-level performance insights, has raised an oversubscribed $3M round led by Norwegian investment fund Altitude Capital with participation from global tennis star Casper Ruud, former McKinsey Global Tech & Media head Endre Holen, US pro soccer player Alejandro Bedoya and TRK Group […] Read more ›
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19.01.2026 17:18
Last update: 17:05 EDT.
News rating updated: 00:10.
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