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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Vilnius-based healthtech Self.co has raised €2.56 million in a mix of venture funding and grants to broaden access to affordable allergy and intolerance testing. The €1.2 million investment round, led by Iron Wolf Capital with Coinvest and NGL Ventures, complements a €1.36 million grant from Innovation Agency Lithuania aimed at advancing the company’s molecular testing […] Read more ›
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Copenhagen-based enterprise software company Arkyn has raised €4 million in fresh financing co-led by Compounding Capital and Trifork Labs to fuel its global expansion and extend its product suite with advanced AI capabilities. Arkyn develops a digital platform for service and asset maintenance operations built on top of SAP, enabling real-time ERP data access for […] Read more ›
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Copenhagen-based unmanned aerial vehicle manufacturer Monopulse (operating under MNP Technologijos) has received €1.12 million in financing from Lithuania’s national development bank ILTE. The funding, issued under ILTE’s Billion for Business program, will be used to increase production capacity and meet current defense orders in Lithuania and abroad. Monopulse develops NATO Class I (Mini) drones for […] Read more ›
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Balnord has announced the first close of its debut vehicle, Balnord Fund I, with €70 million raised toward a targeted €100 million by mid-2026. Formed by the former Black Pearls VC team, the fund will invest in frontier and dual-use technologies linked to Europe’s reindustrialization—covering fields such as space systems, healthcare innovation, and industrial resilience. […] Read more ›
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Malmö-based HR tech company Eletive has received a growth investment from Accel-KKR, the U.S.-based software investor managing over $23 billion in capital. Eletive develops tools that help organisations measure and improve employee engagement through continuous feedback and analytics. The investment will support the company’s next phase of expansion and product development, particularly in AI-driven performance […] Read more ›
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Malmö-based HR tech company Eletive has received a growth investment from Accel-KKR, the U.S.-based software investor managing over $23 billion in capital. Eletive develops tools that help organisations measure and improve employee engagement through continuous feedback and analytics. The investment will support the company’s next phase of expansion and product development, particularly in AI-driven performance […] Read more ›
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Oslo-based EdTech and AI startup WeWillWrite has secured €2 million in growth funding to help make writing social, fun, and future-proof for the AI age. The round was co-led by Skyfall Ventures and Spintop Ventures, with continued backing from Kahoot! co-founders Johan Brand, and Jamie Brooker, alongside angels Aurora Klæboe Berg, Gaute Godager, Fredrik Schjold, […] Read more ›
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Stockholm-based Inception Fund has officially launched with a €21 million micro fund focused on supporting day-zero startups led by technical founders across the New Nordics — including the Nordic and Baltic regions. Founded by Oliver Molander, Caroline Cronstedt, and Erik Lindblad, with Silo AI’s co-founder and CEO Peter Sarlin joining as a founding LP and partner, […] Read more ›
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Gothenburg-based startup DREV has secured €2.8 million in seed funding to advance contamination control solutions for the battery sector. The round was co-led by Butterfly Ventures and Almi Invest GreenTech, with contributions from S-E-Bankens Utvecklingsstiftelse and Battle Born Venture, Nevada’s state-backed fund. Founded in 2023 and based in Gothenburg, DREV develops the Vault system, designed […] Read more ›
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Latvian fleet management provider Mapon is entering the Irish market through the full acquisition of Fleet DATA (Envirokind Limited), an established Galway-based fleet management company founded in 2012. Both companies specialize in GPS tracking, fleet management, safety cameras, and digital tachograph solutions, helping businesses optimize operations, enhance safety, and meet sustainability goals. With Fleet DATA’s […] Read more ›
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Tallinn-based Leil Storage has secured €1.5 million in seed funding led by Karma Ventures, with participation from Specialist VC, to democratize access to hyperscale storage infrastructure. Founded in 2022 by engineers Aleksandr Ragel and David Gerstein, Leil develops HDD-native software that makes shingled magnetic recording (SMR) drives practical for enterprise-scale deployments—delivering up to 20% more […] Read more ›
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Copenhagen-based BOOST Pharma has secured €3 million (SEK 34 million) in new funding from Sound Bioventures, which joins existing backers Industrifonden and Karolinska Development. The financing will accelerate clinical progress of BT-101, the company’s pioneering mesenchymal stem-cell therapy for osteogenesis imperfecta (OI) — a rare genetic disorder known as brittle bone disease that affects infants […] Read more ›
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Stockholm-based embedded finance company Froda and UK-based AI finance platform Triffin have formed a partnership to make up to £100 million in data-driven working capital available to UK consumer brands over the next three years. The agreement integrates Froda’s embedded financing technology directly into Triffin’s AI-driven finance operations system, which automates key business tasks such […] Read more ›
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Helsinki-based behavioral data startup Behavix has entered a long-term strategic partnership with Syno International, a global panel ecosystem operator, to bring behavioral intelligence to the forefront of market research. Behavix, which captures and analyzes digital behavior across devices via a privacy-first SDK, will integrate its AI-powered metering, profiling, and fraud detection tools directly into Syno’s […] Read more ›
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Finnish deep-tech startup Agate Sensors has entered its first defence collaboration through an innovation contract with Sweden’s Defence Materiel Administration (FMV) under its Military Innovation Program. Agate Sensors, a spin-out from Aalto University, develops ultra-miniaturised hyperspectral sensors that provide biochemical and physiological insights far beyond what conventional wearables can detect. Through this partnership, the company […] Read more ›
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Danish impact startup Contribe has raised an additional $500,000 in an extension of its pre-seed round, bringing total funding to $1.5 million. Backed by Rockstart, Human Act Development, and Better Future Fund, the company develops software that allows online stores to integrate charitable donations into the checkout process. The approach aims to align consumer purchasing […] Read more ›
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Copenhagen-based Evertrace has acquired Berlin startup Morphais to expand its data capabilities in identifying early-stage founders. Evertrace develops infrastructure that aggregates signals from sources like company registries, patents, and GitHub to help investors detect emerging entrepreneurs. Morphais applies quantitative and behavioural data models to surface high-potential founders and startups for VCs, corporates, and angels. The […] Read more ›
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Stockholm-based Legora has raised $150 million in Series C funding aat a $1.8 billion valuation, making it the latest legaltech unicorn. The round was led by Bessemer Venture Partners with participation from ICONIQ, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator. The company develops an AI platform used by law firms and in-house legal teams […] Read more ›
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Reykjavik-based AI planning software company PLAIO has formed a strategic partnership with Sikich to advance data-driven supply chain capabilities for pharmaceutical manufacturers. For PLAIO, the partnership extends its reach into established enterprise environments, where integration and scalability are key barriers to modernisation. Together, the two companies aim to enable life sciences clients to unify planning […] Read more ›
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Copenhagen-based Formalize has raised €30 million in Series B funding to expand its compliance software across Europe. The round was co-led by Acton Capital and BlackFin Tech, with participation from West Hill Capital and CIBC Innovation Banking. Formalize develops a governance, risk, and compliance platform that helps small and mid-sized enterprises manage evolving EU regulations […] Read more ›
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Most popular sources
Business Insider
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31% 12 |
Gizmodo
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11% 1 |
CNET
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6% 2 |
The Verge
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5% 1 |
Slashdot
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5% 3 |
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13.12.2025 09:07
Last update: 09:00 EDT.
News rating updated: 16:03.
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