Axelyf has raised $2.6 million in seed funding, with the round expected to reach $4.1 million later this year. The financing was led by Iceland’s Brunnur Ventures, with participation from Omega ehf and Silfurberg ehf. Axelyf develops lipid nanoparticle (LNP) delivery systems for RNA-based therapeutics and is working on a technology platform designed to improve […] Read more ›
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Aira, a Stockholm-based clean energy technology company, has raised €150 million in equity financing from existing investors Altor Equity Partners, Kallskär, Kinnevik, Lingotto, and Temasek. Founded in 2023, the company develops and installs air-source heat pumps aimed at replacing gas boilers in residential properties. It currently operates in Germany, Italy, and the UK, employing around […] Read more ›
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Axiomatics, a Stockholm-based company known for its attribute-based access control (ABAC) solutions, has agreed to be acquired by Leonardo, the Italian aerospace and defense firm. The deal positions Axiomatics within a broader cybersecurity portfolio focused on Zero Trust architectures, aligning with increased demand for dynamic and fine-grained access control in high-security environments. Axiomatics’ technology—used by […] Read more ›
0
Cellbox Labs, a Riga-based biotechnology company, has secured €3.3 million in non-dilutive funding to further develop its organ-on-chip technologies. The funding—partly provided through the EU’s IPCEI Tech4Cure initiative—will support several projects, including the validation of a scalable, patient-specific gut-on-chip system in collaboration with Altis Biosystems, integration of real-time O₂ and pH sensors, benchmarking biosimilar GLP-1 […] Read more ›
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Stockholm-based startup Flox has raised nearly $1 million in an oversubscribed seed round led by Unconventional Ventures, with participation from Norrsken Accelerate and existing investors including Almi Invest, E14 Invest, and Argand Partners. The company has developed an AI-powered device called Edge, which uses adaptive bioacoustics to communicate with wildlife in real time. Designed for […] Read more ›
0
SNIPR BIOME, a clinical-stage biotech company based in Copenhagen, has raised €35 million in Series B funding to support the development of its CRISPR-based therapies targeting bacterial infections and antimicrobial resistance. The round includes new investments from the Cystic Fibrosis Foundation and Germany’s SPRIN-D, alongside returning investors Lundbeckfonden BioCapital, North-East Family Office, and Wellington Partners. […] Read more ›
2
Rebelvolt, a Finnish startup redefining off-grid energy with its battery-based e-Generator, has secured funding from Gorilla Capital Fund III in its 31st investment, joined by JMS Consulting Oy, UAV OÜ, and Meri Heikkinen. Designed as a clean, silent, and maintenance-free alternative to diesel generators, Rebelvolt’s solution targets military, construction, event, and logistics sectors seeking sustainable […] Read more ›
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Ukrainian-Estonian defensetech startup Teletactica has raised $1.5 million in strategic funding from MITS Capital and Green Flag Ventures to accelerate the deployment of its jamming-resistant communications systems across Europe. Teletactica develops rugged, modular hardware—optimized for UAVs and GPS-denied environments—that enables encrypted, low-latency communications under heavy electronic warfare. Already deployed on the Ukrainian frontlines, the company […] Read more ›
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Tallinn-based Bisly has raised €4.3 million to extend its AI-powered building automation technology across Central and Western Europe. The round was led by 2C Ventures, with participation from Aconterra, Pinorena, Foxway founders, and Estonia’s state-backed investor SmartCap through its Green Fund. Bisly develops a combined hardware-software system for managing energy use in residential and commercial […] Read more ›
0
Tallinn-based renewable energy company Sunly has secured €84.8 million in loans from the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and SEB to develop four solar parks across Latvia. The firm plans to add 329 megawatts (MW) of solar capacity by 2027, supplying electricity to up to 180,000 households. The […] Read more ›
0
QuNorth has been formed to improve access to advanced quantum computing infrastructure in the Nordic region. With €80 million in funding from EIFO and the Novo Nordisk Foundation, the organization will acquire and operate a Level 2 quantum computer—relying on logical qubits for more stable and scalable computation. Developed in collaboration with Atom Computing and […] Read more ›
0
BrachyDOSE, a Kaunas-based healthtech startup developing a radiotherapy dose measurement tool, has raised €554,000 in seed funding. The round was led by Coinvest Capital, joined by BSV Ventures and angel investor networks LitBAN and EstBAN. The company is building a combined hardware and software solution designed to provide real-time radiation dose data during brachytherapy procedures, […] Read more ›
0
CeLLife Technologies, a Tampere-based startup developing quality assurance technology for battery manufacturing, has secured new funding following its selection among the Top 10 winners of the European Startup Prize for Mobility. The round includes backing from Nordic Alpha Partners and EIT InnoEnergy, with support aimed at scaling CeLLife’s analytics platform, which identifies defective cells during […] Read more ›
0
Riga-based biometric fintech Handwave has secured $4.2 million in seed funding to bring its palm-based payment and identity verification platform to market in Europe and the US. The round was led by Practica Capital, with participation from FirstPick, Outlast Fund, and Inovo.vc. Handwave’s proprietary technology enables users to pay, prove their age, and activate loyalty […] Read more ›
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Mikkeli-based deeptech startup Geyser Batteries has been selected for the European Innovation Council (EIC) Accelerator funding—a highly competitive EU programme backing high-impact innovations with scale-up potential. The funding, which includes both grant and equity components, will support Geyser’s next phase of growth: completing product development, launching a pilot production line, and conducting large-scale trials in […] Read more ›
0
Stockholm-based Tzafon has raised €8.3 million in a record-breaking pre-Seed round to ramp up its compute power, refine its autonomous agent tech, and roll out Lightcone—an AI agent built to act across any digital platform on your behalf. The round was led by HV Capital, with backing from Streamlined VC, Kakao VC, Oliver Jung, and […] Read more ›
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Stargate Hydrogen has received a strategic investment from Repsol’s Corporate Venture arm, which acquired a minority stake in the Tallinn-based company. The funding will support the scale-up of Stargate’s production capabilities—currently at 140 MW per year—and accelerate its R&D activities. The alliance also aligns with the company’s international expansion plans across key regions including Europe, […] Read more ›
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The Latvian Business Angel Network (LatBAN) has invested €500,000 as a syndicate into two venture capital funds—Buildit VC and Outlast Fund—both supported by state-backed ALTUM. The move reflects a growing trend toward closer collaboration between angel investors and institutional capital in Latvia. Rather than directly backing startups, LatBAN members are opting to support fund structures […] Read more ›
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Quartr, a Stockholm-based platform focused on qualitative public market research, has raised $10 million in funding from existing backers Altos Ventures, Yanno Capital, and Öhman. The company provides structured access to first-party information such as earnings calls, investor presentations, and transcripts through its API, desktop platform, and mobile app. The new capital will support global […] Read more ›
2
Vilnius-based biotech startup Psylink has secured €501,521 in pre-seed funding in a round led by Coinvest Capital, with participation from Firstpick, BSV Ventures, and a group of angel investors. The company is building a biotechnology platform focused on the sustainable production of plant- and fungi-derived compounds, with the goal of identifying and evaluating new molecular […] Read more ›
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BlackWood Ventures, a venture capital firm based in Copenhagen, has announced the final close of its debut fund at $25 million. Focused on backing high-potential fintech, cleantech, and Web3 founders across Europe, the fund is supported by a wide range of investors including private Nordic investors, exited entrepreneurs, and family offices. Fund I remains open […] Read more ›
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Most popular sources
Business Insider
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24% 11 |
Tom's Hardware
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22% 18 |
CNET
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11% 6 |
Mashable
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6% 3 |
Gizmodo
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5% 4 |
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07.09.2025 13:52
Last update: 13:45 EDT.
News rating updated: 20:40.
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