Nordic SeaFarm has appointed Christer Olausson as its new CEO, following the decision of Simon Hilmersson to step down for personal reasons. Hilmersson will remain with the company as Deputy CEO, focusing on expanding new business verticals and strategy. Olausson brings a strong background in business development, having held executive roles in industries such as […] Read more ›
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Helsinki-based SuperGround has secured €2.5 million in funding, led by Hatch Blue Revolution Fund, to scale its technology for reducing waste in the food industry. The company has developed a patented process that enables the full utilization of fish, addressing inefficiencies where a significant portion of farmed and caught fish is discarded rather than used […] Read more ›
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Copenhagen-based startup PhaseTree has secured €3M from Heartcore Capital to advance its AI-powered platform for sustainable material discovery. The company applies multiscale simulations and lab automation to accelerate the development of alternative materials, addressing reliance on rare earth metals and fossil fuels. By integrating AI with established scientific methods, PhaseTree aims to reduce material development […] Read more ›
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Swedish maritime battery manufacturer Echandia has raised €19.98 million (SEK 220 million) in a funding round led by Alantra’s Klima fund, with participation from Industrifonden, SEB Greentech VC, and Japan’s EEI. The investment will support expansion efforts in Sweden and the U.S., including a new production facility in Washington State. Echandia develops battery systems for […] Read more ›
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Following a €10 million round, Espoo-based nuclear startup Steady Energy has secured €22 million in funding, led by 92 Ventures, a Copenhagen-based investment firm focused on nuclear technologies. Lifeline Ventures, an early backer, also participated in the round. The funding will support the construction of a full-scale pilot plant for Steady Energy’s LDR-50 small modular […] Read more ›
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Trondheim-based proptech startup Telescope, formerly Ei Solutions, has raised €3.7 million in a seed round led by Scale Capital and Dreamcraft Ventures, with participation from Curiosity VC and OBOS Oppstart. Founded in 2022 by Gustav Haaland, Marit Bjerkreim, and Mathias Wahl, the company aims to help real estate owners manage climate risks, shifting sustainability from […] Read more ›
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Reversio, a Danish startup focused on addressing the costly and environmentally harmful issue of e-commerce returns, has secured funding from several key investors, including Nicki and Aleksander Due-Rasmussen of Black Lemon and Obsidian, as well as Christoffer Bouet and Lasse Viggo of Contribe. The company has developed a solution that aims to reduce returns by […] Read more ›
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Cino, a Tallinn-based payment app designed to streamline shared expenses, has secured €3.5M in seed funding, led by Balderton Capital, with additional support from Connect Ventures and angel investors like Barney Hussey-Yeo, the founder of Cleo. The app allows users to split bills in real-time, charging each person directly from their bank account at checkout, […] Read more ›
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myTU, a Vilnius-based digital banking platform, has secured €10 million in a Series A funding round, surpassing its €9 million target. The investment came from both existing shareholders, who increased their stakes, and two new strategic investors. The company plans to use the funds to expand into acquiring and lending services and prepare for obtaining […] Read more ›
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Strato Create, a Vilnius-based startup in the architecture, engineering, and construction (AEC) sector, has raised €167.4K in a bridge funding round to further develop its cloud-based automation platform aimed at streamlining home design, estimation, and sales processes. The funding, contributed by Coinvest Capital and several business angels, will support the company’s expansion into international markets […] Read more ›
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Tartu-based deep-tech startup GaltTec OÜ has raised €1 million in pre-seed funding to advance its micro-tubular solid oxide fuel cell (mSOFC) technology, which aims to provide lightweight, long-duration power for drones and IoT devices. The round was led by 2C Ventures, with contributions from DefCAP OÜ, Bitsick OÜ, and ModulEnergy OÜ, alongside grants from the […] Read more ›
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Helsinki-based startup Bahn Express has raised a €920K pre-seed round led by Innovestor, with participation from Wave Ventures, Trind Ventures, and angel investors including Jiri Heinonen (Swappie co-founder), Ekaterina Gianelli (ex-Inventure partner), and Tony Honkanen (ex-Wolt expansion team). Founded in 2024, the company develops a logistics platform that reduces cross-border used car delivery times from […] Read more ›
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Helsinki-based Skyfora has raised €4 million in a funding round led by Ugly Duckling Ventures and LUMO Labs, with participation from Voima Ventures and the EIC Fund, building on prior support from the European Space Agency, EIC Accelerator, and Business Finland. The company’s Telecom GNSS Meteorology technology repurposes existing cell towers as high-resolution weather sensors, […] Read more ›
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Davos is known for a few things: its stunning alpine terrain, world-class ski slopes, proximity to St. Moritz, and the legendary Snow Polo World Cup. Yet, it is most recognized for hosting the World Economic Forum (WEF) Annual Conference. This annual event, held in Europe’s highest-altitude city, brings together governments, business leaders, and technology pioneers […] Read more ›
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The Nordic and Baltic regions have firmly positioned themselves as frontrunners in the global foodtech revolution, leveraging deep-rooted commitments to sustainability, cutting-edge research, and thriving startup ecosystems. According to StartupBlink’s latest Foodtech Winners Report, Helsinki has emerged as a dominant European hub, while other cities across the region continue to push the boundaries of food […] Read more ›
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Lovable, a Stockholm-based AI startup, has secured €14.3 million in a pre-Series A funding round led by Creandum, with participation from notable angel investors including Charlie Songhurst (Meta), Adam D’Angelo, and Thomas Wolf (Huggingface). The startup secured €6.8 million in pre-seed funding earlier. Founded in 2023, Lovable has developed an AI-powered platform that allows users […] Read more ›
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Oslo-based AI company Metric has secured €8 million in a Series A funding round to further develop its automated marketing platform for Shopify merchants. Investors include Magnus Carlsen, Kahoot founder Johan Brand, TRY, MP Pensjon, Kvantia, Altitude Capital, and Marketer Group, which also contributed €3 million in technology resources. Metric’s platform uses machine learning to […] Read more ›
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Stockholm-based Fibbl has secured €3 million in funding, with Industrifonden leading the round. The company provides a plug-and-play platform for integrating 3D and augmented reality (AR) into e-commerce, allowing brands to offer virtual try-ons and interactive product views. Over the past year, user interactions with Fibbl’s technology increased from 160,000 to 2.3 million as brands […] Read more ›
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SponsWatch, a Stockholm-based company specializing in AI-driven sponsorship analytics, has raised €1 million in a seed funding round led by node.vc, with participation from Venrex. The funding will support the company’s efforts to expand its operations and enhance its technology, which uses AI and machine learning to measure sponsorship exposure across various media platforms, including […] Read more ›
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Norwegian scaleup Vev has acquired TIME’s web design platform, TIME Sites, in a strategic move to solidify its presence in the U.S. and enhance its interactive content-building capabilities. The acquisition integrates TIME Sites’ microsite technology into Vev’s no-code platform, allowing marketing, media, and consulting teams to create high-impact digital experiences with greater technical freedom. As […] Read more ›
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Fuse Vectors, a biotech startup from Copenhagen, has secured $5.2 million in pre-seed funding, led by HCVC, to develop a novel cell-free viral vector technology for gene therapy. Founded by bioprocess scientists Benjamin Blaha and Jordan Turnbull, the company seeks to replace the traditional, cell-based manufacturing methods that have hindered gene therapy progress due to […] Read more ›
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Most popular sources
Business Insider
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68% 8 |
Wired
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5% 3 |
The Verge
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5% 1 |
Gizmodo
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5% 3 |
MacRumors
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2% 0 |
| View sources » | |
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08.04.2025 07:19
Last update: 07:12 EDT.
News rating updated: 14:11.
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