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18.11.2024 − 24.11.2024
ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 11/19/2024 02:32 EDT

Lithuania’s isLucid completes pre-seed round to expand AI solutions for contact centers

Vilnius-based isLucid has completed its pre-seed funding round, with €265,000 contributed by Coinvest Capital alongside investments from Business Angels Fund, Katalista Ventures, Agmis, and other angel investors. The funding will support isLucid’s expansion into Scandinavian and non-English-speaking markets and further development of its AI-powered platform for contact centers. The company’s tools analyze customer interactions, assist […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 12/22/2023 08:54 EDT

Norway-based Hadean Ventures announces oversubscribed final close of Hadean Capital II

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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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/22/2023 08:18 EDT

Danish podcast platform Podimo nets €44M for expansion and creator support

Podimo, a Copenhagen-based podcast and audiobook subscription service, recently secured €44 million in combined funding from investors like The Danish Export and Investment Fund (EIFO), HighlandX managed by Highland Capital Partners, and Chr. Augustinus Fabrikker. The company specializes in providing a platform for podcasts and audiobooks, focusing on diverse and local content. This funding is […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/22/2023 06:32 EDT

Latvian Naco Technologies raises €1.2M for green hydrogen nano-coatings

Naco Technologies, a Rgia-based company specializing in advanced nano-coatings for green hydrogen systems, recently secured a significant investment of €1.2 million in a pre-Series A round. This funding came from two notable backers, Impact Ventures and The Untitled Ventures. Naco Technologies has made remarkable strides in improving the effectiveness and durability of electrolyzers and fuel […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup · 12/22/2023 06:18 EDT

Test Farms Delivers Good Harvests

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 12/21/2023 06:56 EDT

Icelander DTE secures $16M in Series A2 round, backed by diverse investor support

DTE, headquartered in Reykjavik, successfully concluded its Series A2 funding round, amassing a total of $16 million. This round saw an initial $10 million secured earlier in the year, including investments from aluminum industry leader Novelis, VC firm Metaplanet, the European Innovation Council (EIC) Fund, and previous investors Chrysalix Venture Capital and Brunnur Ventures. The […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 12/21/2023 06:18 EDT

Test Farms Delivers Good Harvests

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 12/21/2023 05:39 EDT

€6M seed funding empowers Lithuanian Sentante in robotic endovascular care revolution

Kaunas-headquartered medtech startup Sentante recently raised €6 million in seed funding. The investment was led by Practica Capital and involved the EIC Fund. The startup specializes in creating teleoperated robotic systems designed to transform the way doctors perform procedures for cardiovascular diseases like stroke and heart attacks. Their technology aims to digitize these procedures, offering […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/21/2023 04:55 EDT

Estonian SKYCORP Technologies receives €305K pre-seed to revolutionise emergency response with hydrogen drones

Tartu-based SKYCORP Technologies secured €305K in pre-seed funding from investors such as Destiny Energy, Baltic Sandbox Ventures, Syda Ventures, and angel investor Artur Dianov. The company specializes in developing and manufacturing hydrogen drones and related infrastructure for long-endurance applications, aiming to transform aerial operations by providing sustainable solutions powered by hydrogen fuel cell technology. With […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/21/2023 04:02 EDT

Iceland’s PayAnalytics is acquired by beqom, advancing pay equity solutions in global compensation management

Reykjavik-based startup PayAnalytics, renowned for its innovative approach to tackling pay inequity through data analytics, was recently acquired by beqom, a leading provider of comprehensive compensation and performance management solutions. This acquisition signifies a strategic alignment between PayAnalytics’ expertise in quantifying and addressing pay disparities and beqom’s robust compensation management platform. PayAnalytics’ user-friendly software enables […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/21/2023 03:24 EDT

Latvian Exponential Technologies secures funding from Horizon Europe for advancing multi-material 3D printing techniques

Exponential Technologies, a startup based in Riga, obtained €280K funding from the Horizon Europe programme. This funding is meant to support their efforts in developing advanced multi-material 3D printing techniques using machine learning and data science. The company specializes in creating digital models for these innovative printing processes. With this financial backing, Exponential Technologies plans […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/20/2023 09:39 EDT

Iceland-founded Meniga raises €15 million in Series D funding to expand personal finance solutions for global financial institutions

Meniga, a fintech company based in Reykjavik, recently raised €15 million in Series D funding. Notable backers in this round include major European banks like Groupe BPCE and Crédito Agrícola, alongside Icelandic VC group Omega ehf and existing shareholders. The company’s focus lies in offering advanced solutions for Personal Finance Management to large banks and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/20/2023 09:09 EDT

Digital Mind acquires EIP Dynamics

Digital Mind, a Baltic business process digitalization specialist, will acquire Poland’s EIP Dynamics, a prominent Microsoft ERP solutions provider, financed by Livonia Partners. This strategic move aims to bolster Digital Mind’s capabilities, facilitating cross-border teams to serve large local and international clients in complex digitization needs. Anticipating approval in 2024, the acquisition positions Digital Mind […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/20/2023 07:34 EDT

Exmon Software acquired by TimeXtender

Reykjavik-based Exmon Software, known for its expertise in handling data quality and master data management, has been acquired by Danish company TimeXtender. This strategic move aims to boost Exmon’s growth and innovation prospects. By joining forces with TimeXtender, Exmon anticipates offering better services to its customers while expanding its global presence. The goal is to […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup · 12/20/2023 07:09 EDT

Seasony Raises €1.5 Million in Funding to Advance Cutting-Edge Robotics for Indoor Farming

Seasony, a Copenhagen-based company focused on using innovative mobile robotics for indoor farming, recently secured €1.5 million in funding. This investment came from notable investors like North Ventures, the Export and Investment Fund of Denmark, and several experienced business angels including Vagn Ove Soerensen, Torben Wind, Klaus Holse, Barbara Taudorf Andersen, Nicolaj Reffstrup (Look Up […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 12/19/2023 07:21 EDT

Icelander Controlant secures $80 million to advance zero-waste pharmaceutical supply chains

Reykjavík-based Controlant recently concluded an $80 million funding round, securing $40 million from the Icelandic pension fund Gildi, alongside other pension funds, private investors, and existing shareholders, in addition to $40 million in debt financing from funds advised by Apax Credit in September. Specializing in real-time solutions for pharmaceutical supply chains, Controlant aims to achieve […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 12/19/2023 06:31 EDT

Danish AI startup Proemial raises €2 million to democratize access to scientific research summaries

Proemial, an AI startup based in Aarhus, recently secured €2 million in funding co-led by People Ventures and Dreamcraft Ventures, and supported by angel investors and advisors from influential tech companies such as Apple, Google, and Metaincluding academic luminary Serge Belongie from The Pioneer Centre for AI in Copenhagen. Werner Vogels, CTO of Amazon, served as […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/19/2023 06:06 EDT

Danish itm8 unites 13 leading companies in a landmark merger to form a Nordic IT powerhouse

Herning-based formidable force in the Nordic IT domain, itm8, revealed a monumental merger consolidating 13 distinguished companies under its umbrella. This union marks the coming together of IT Relation, AddPro Denmark, JDM, Mentor-it, Cenvation, Miracle42, Copenhagen Software, Sotea, AddPro Sweden, Improsec, Me’ning, Progressive, and Emineo, collectively under the unified banner of itm8. With a combined […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/19/2023 05:44 EDT

Ecobase raises €2.5M seed

Ecobase, a startup focused on reforestation based in Tallinn, recently raised €2.5 million in seed funding. The investment was led by Combiwood Grupp, a prominent conglomerate in Estonia’s woodworking industry. Ecobase helps European landowners access funding for carbon initiatives by providing them with a platform and support network. This enables the implementation of afforestation and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/19/2023 05:10 EDT

Denmark’s Magic Feedback secures €1.2M pre-seed investment for AI-driven user feedback platform

Magic Feedback, a Copenhagen-based AI startup, recently secured a pre-seed investment of €1.2 million, led by Maki VC and supported by individual angel investor Geeta Schmidt, former CEO and Co-founder of Humio. The company specializes in providing a unified platform that leverages AI to aggregate, organize, and analyze scattered user feedback from various sources like […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 12/18/2023 07:06 EDT

Finland’s Montinutra, now rebranded as Boreal Bioproducts®, secures €2M Pre-A for eco-friendly chemical innovation

Espoo-based Boreal Bioproducts®, previously known as Montinutra, secured €2 million in pre-A funding led by Metsä Spring, a corporate venture unit of Metsä Group, along with a group of private investors. Specializing in converting overlooked forest industry sidestreams into valuable, eco-friendly biochemicals to replace fossil-based materials in industries like cosmetics and chemicals, Boreal Bioproducts® plans […] Read more ›

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28.11.2024 10:34
Last update: 10:26 EDT.
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