Scorestars, a Tallinn-based basketball fan engagement platform, recently secured €725K in a seed funding round led by Trind VC, Startup Wise Guys, 3 Comma Capital, and Estonian angel investors. The platform enables fans to collect digital cards of their beloved athletes and participate in a fantasy game, offering prizes from VIP experiences to gadgets. With […] Read more ›
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Stockholm-based Web3-powered social gaming app Wasder has recently been acquired by Spielworks, a prominent German Web3 gaming startup. Wasder is known for fostering an inclusive gaming community while Spielworks specializes in creating a comprehensive gaming ecosystem integrating blockchain benefits into mass-market gaming. This strategic acquisition aims to integrate Wasder into Spielworks’s Wombat ecosystem, thereby solidifying […] Read more ›
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GeoSalmo, a Kópavogur-based company, secured a significant financing round of €13.4 million with investors from Norway, Sweden, Iceland, and the Netherlands. GeoSalmo is an Icelandic pioneer in environmentally conscious land-based fish farming, particularly specializing in salmon production, aiming to revolutionize the aquaculture industry through sustainable practices and technological innovation. This includes leveraging Iceland’s natural advantages […] Read more ›
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The NetZeroAICT Consortium, led by Swedish Collective Minds Radiology and the University of Oxford, secured a substantial €6 million grant from the European Union Horizon Europe, in collaboration with UK Research Innovation. They want to develop and approve a new technology called CT Digital Contrast TM. This special tech, made by Professor Regent Lee’s team […] Read more ›
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Stayify, a Helsinki-based travel technology company, recently concluded a pre-seed funding round amassing over €500K, primarily sourced from more than €300K of fresh capital, co-founder contributions, various financial instruments, Finnish state grants, and startup programs. Founded by Thomas Tallskog and Pekka Koponen, Stayify specializes in a revolutionary Booking Engine designed to consolidate diverse travel services […] Read more ›
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Copenhagen-based MXNEY, a business-to-business funding platform for e-commerce startups, recently acquired Leadspin, a company specializing in gamification for lead collection and sales enhancement. Leadspin’s expertise lies in developing a gamification platform that simplifies lead generation through engaging game-like elements in marketing strategies. The acquisition aims to integrate Leadspin’s gamification tools into MXNEY’s platform, enabling e-commerce […] Read more ›
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Suzhou Ribo Life Science Co. Ltd. and Ribocure Pharmaceuticals AB (Ribo), based in Mölndal, are teaming up with Boehringer Ingelheim to find new treatments for a serious liver condition called NASH that affects lots of people worldwide and currently has no approved medicines. Ribo has a special way of making treatments that target specific genes […] Read more ›
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Tallinn-based fintech startup Money.Industries has recently secured a $1.5 million investment led by Caucasus Ventures, alongside investors Hasan Jabbarov and Sabrican Zaim. Specializing in global payment infrastructure, Money.Industries enables fintech startups to conduct international money transfers without relying on banks, connecting local payment systems worldwide. With the investment, the company aims to enhance its infrastructure, […] Read more ›
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Leviosa, a health technology startup based in Gardabær, recently secured $1 million in pre-seed funding. The investment came from both existing angel investors and more than 60 healthcare professionals, mainly practicing physicians. Founded in 2019, Leviosa specializes in creating advanced healthtech solutions to streamline documentation processes and reduce administrative burdens for healthcare workers. This funding […] Read more ›
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IPR.VC, a leading fund management company specializing in film and television production financing, unveiled its latest milestone with the launch of the IPR.VC Fund III a while ago. The fund aims to raise a targeted €100 million to support groundbreaking content creation in the entertainment industry. Building on the success of previous ventures, IPR.VC Management […] Read more ›
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ENFOR, a spinoff originating from the Danish Technical University and known for its pioneering advancements in energy production and optimization solutions, has seen its software business acquired by Danfoss A/S, marking a significant milestone in its journey. The acquisition underscores the recognition of ENFOR’s expertise and innovative district energy software, now being integrated into Danfoss’s […] Read more ›
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The digital carbon footprint calculator, Biocode, designed for the food industry, helps companies calculate and report the carbon footprints of their products and corporate emissions throughout the entire value chain. The goal is to reduce carbon dioxide emissions from food chains and tackle the climate crisis. “Biocode’s carbon footprint calculator is designed to simplify the […] Read more ›
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Tesi, Finland’s state-owned investment company, has conducted the first-ever comprehensive study spotlighting Finland’s thriving FoodTech sector. This pioneering analysis offers a deep dive into the funding environment, company landscape, and investor dynamics within the Finnish FoodTech ecosystem. Tesi’s study aims to provide an extensive overview of Finland’s FoodTech landscape, focusing on company diversity, funding trends […] Read more ›
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Vilnius-based MELP recently received a significant investment of €635K. This funding comes from Coinvest Capital, a venture capital fund, and a group of business angels from Lithuania, the UK and Lithuanian Business Angel Network LitBAN. MELP’s platform offers companies a tool to manage employee benefits while giving employees access to thousands of goods and services […] Read more ›
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CardioMech, a Trondheim-based medical technology company based in Norway but operating in Fridley, MN, recently raised $13 million in funding, adding to a total of $42 million raised overall. They specialize in creating a unique technology focused on fixing a specific heart valve issue called Degenerative Mitral Regurgitation. Their approach involves using a special device […] Read more ›
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Helsinki-based RELEX Solutions recently acquired Optimity, a provider of supply chain planning and optimization services. RELEX Solutions specializes in unified supply chain and retail planning solutions that optimize operations, streamline processes, and enhance decision-making for businesses, particularly in the retail and consumer goods sectors. The acquisition intends to integrate Optimity’s expertise into RELEX’s platform, aiming […] Read more ›
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AMLYZE, a startup from Vilnius focusing on regulatory technology, has teamed up with TransactionLink, a no-code platform based in Berlin that specializes in helping businesses with Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance. AMLYZE, established by experts with experience in regulating financial institutions, offers tools to monitor transactions, assess risks, and conduct investigations […] Read more ›
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Thanks to the EIT Food initiative, agritech companies can test and improve their innovative solutions collaboratively with farmers. All consumers will benefit from the fruits of this cooperation. European farmers also face various challenges. The most significant include climate change, which largely determines the course of plant growth and affects the growth and cultivation of […] Read more ›
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Vantaa-based company Lygg has inked a monumental billion-euro deal with the U.S.-based hybrid aircraft manufacturer, Electra. This collaboration signals a pivotal stride towards transforming air travel into a more eco-friendly and efficient mode of transportation. The partnership paves the way for the introduction of up to 300 hybrid aircraft by 2028. These cutting-edge aircraft, designed […] Read more ›
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Hadean Ventures recently closed its Hadean Capital II fund at €144 million, exceeding its initial target of €125 million. The funding comes from a mix of both existing and new investors, including notable organizations like EIF, KfW Capital, and Tesi. Hadean Ventures specializes in investing in early-stage life science startups across Europe, focusing on areas […] Read more ›
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Most popular sources
Business Insider
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25% 4 |
Tech Wire Asia
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20% 14 |
CNET
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7% 3 |
Eurogamer.net
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7% 2 |
The Verge
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5% 3 |
| View sources » | |
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28.11.2024 05:37
Last update: 05:31 EDT.
News rating updated: 12:32.
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