Morningscore, an Odense-based SaaS company specializing in a gamified SEO tool, has raised $700,000 in funding from angel investors Bo Møller and Lasse Schou Holbøll. The company, founded in 2018 and currently nearing $1M in Annual Recurring Revenue (ARR), serves over 1,000 customers. The funds will be allocated to enhancing the platform’s AI capabilities, expanding […] Read more ›
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Lava Network, a ReykjavĂk-based blockchain infrastructure company, has raised $12 million to enhance its platform, which helps manage data access across over 40 blockchain networks. The funding round saw participation from investors like iAngles, Animoca Brands, and Gate.io Ventures, along with notable individuals like Sandeep Nailwal, co-founder of Polygon. Lava’s goal is to address data […] Read more ›
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Qvantum, an Åstorp-based company specializing in heat pump technology, has raised €108 million in a Series C funding round to expand its production capabilities and support its geographical growth across Europe. The funding will be used to scale operations at its facility in Åstorp, Sweden, which began production in early 2024. The company focuses on […] Read more ›
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TactoTek, an Oulu-based developer of In-Mold Structural Electronics (IMSE®) technology, has received a €5 million investment from Kyocera, marking a strategic partnership between the companies. Kyocera plans to incorporate its HAPTIVITY® piezoceramic actuators into IMSE-based human-machine interfaces (HMIs), creating thinner and lighter tactile feedback solutions. TactoTek licenses its IMSE technology to partners for applications such […] Read more ›
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Kokkola-based Hycamite has secured €44 million in Series A funding to scale its methane-splitting technology, which generates low-carbon hydrogen and solid carbon for industrial use. The funding, completed in two stages, will enable the launch of an industrial-scale demonstration unit in Kokkola, Finland. The investment round was led by Sojitz Group, with contributions from existing […] Read more ›
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The Innovation Agency of Lithuania has opened a new funding opportunity for GameTech and EdTech startups, offering grants of up to €62,046.60. A total of €992,745.60 will be distributed across selected startups, with a focus on innovation-driven companies in these fast-evolving sectors. The funding is aimed at startups that are registered in Lithuania for no […] Read more ›
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Blykalla, a Stockholm-based developer of liquid lead-cooled small modular reactors (SMRs), has partnered with KSB, a manufacturer of pumps and valves for nuclear applications, to co-develop specialized pumps for the SEALER reactor. These pumps, crucial for the reactor’s functionality and cost-efficiency, will be designed to withstand the demanding conditions of liquid lead environments. The collaboration […] Read more ›
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Helsinki-based Rappta Therapeutics has entered into a global license agreement with SpringWorks Therapeutics for the development of RPT04402, a first-in-class molecular glue targeting the PP2A enzyme, which plays a key role in tumor suppression. PP2A mutations are associated with certain subsets of uterine cancer, and RPT04402 has shown promising pre-clinical results in these models. As […] Read more ›
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Malmö-based Spiideo has acquired Signality, a Linköping-based company specializing in optical tracking and sports data generation, as part of its strategy to enhance its sports video and data capabilities. The acquisition will integrate Signality’s real-time data and analytics technology into Spiideo’s existing platform, which serves a range of sports organizations, including leagues, federations, and schools. […] Read more ›
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Neumirna Therapeutics Raises €20M in Series A Read more ›
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Tallinn-based startup Askel.ai has closed a €380,000 pre-seed funding round led by Superangel, joined by investors such as ProcessOut co-founder Manuel Huez, Matrix partner Patrick Malatack, Veriff co-founder Janer Gorohhov, and Ott Kaukver former CTO of Checkout.com and Twilio, and tech executive of Skype. The no-code platform allows SaaS companies to embed workflow automation into […] Read more ›
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MONCYTE Health, a Helsinki-based company developing technology to address cardiovascular disease, is participating in the Horizon Europe-funded FH-EARLY project, a €7.2 million initiative focused on familial hypercholesterolemia (FH), an inherited metabolic disorder affecting millions. As part of a 15-member international consortium, the company will contribute its technology, which provides insights into cellular lipid processing and […] Read more ›
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AnaCardio, a Stockholm-based clinical-stage biopharmaceutical company, has secured a USD 19 million (SEK 205 million) Series A extension round to advance its first-in-class drug candidate AC01, a selective oral ghrelin receptor agonist, for treating heart failure with reduced ejection fraction (HFrEF). The financing was co-led by Novo Holdings, Pureos Bioventures, and Sound Bioventures, alongside existing […] Read more ›
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Selfly Store, a Finnish developer of intelligent vending technologies, has been acquired by Husky Intelligent Fridges, a European leader in connected commercial refrigeration. While Selfly Store specializes in data-driven vending systems for 24/7 unmanned retail, Husky focuses on advanced refrigeration solutions designed to optimize efficiency and support smart retail operations. The acquisition seeks to integrate […] Read more ›
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Superhero Capital, a venture capital firm based in Helsinki, has launched its fourth fund with a target of €50 million, focusing on early-stage investments in startups across Finland and the Baltics. The firm is expanding its reach into Lithuania, with two new partners joining the team. The first investments from the fund include CyberUpgrade, a […] Read more ›
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Chromafora, a Swedish environmental technology company, has secured €22.5 million in financing from the European Investment Bank (EIB) to advance its efforts in removing PFAS (per- and polyfluoroalkyl substances) from water. PFAS, commonly referred to as “forever chemicals,” are widespread pollutants linked to significant environmental and health risks. The funding will support the development and […] Read more ›
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PeptiSystems, a biotech company from Uppsala specializing in innovative peptide and oligonucleotide drug manufacturing, has raised €3.92M (45 MSEK) in a funding round led by Sciety and Sciety Venture Partners. The investment will be used to expand production capacity, scale global sales, and enhance sustainable pharmaceutical manufacturing through its proprietary solid-phase flowthrough technology, which reduces […] Read more ›
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CybExer Technologies, an Estonian cybersecurity firm specializing in AI-based training and testing solutions for IT and cybersecurity teams, has secured €1.5 million through the SEB Baltic Venture Debt programme. CybExer Technologies develops advanced cybersecurity training and testing solutions, utilizing artificial intelligence to help organizations train, assess, and enhance the performance of their IT and cybersecurity […] Read more ›
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SilentBerry, a Helsinki-based decentralized publishing platform utilizing the RGB++ protocol, has secured a strategic investment from the CKB Eco Fund to enhance its innovative approach to integrating authors and readers within the blockchain ecosystem. The platform enables authors to inscribe their books onto the Bitcoin blockchain, converting ownership and revenue rights into digital assets, such […] Read more ›
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Copenhagen-based Orbis Medicines has raised €90 million in a Series A funding round led by NEA, with additional support from Eli Lilly and Company, Cormorant Asset Management, LP, the Export and Investment Fund of Denmark, and existing investors Novo Holdings and Forbion. The funding will be used to develop the company’s pipeline of oral macrocycle […] Read more ›
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07.03.2026 14:57
Last update: 14:51 EDT.
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