Copenhagen-based Skycore Semiconductors has raised €5M in seed funding to commercialize its Power Integrated Circuit (IC) technology built for next-generation AI data centers moving toward 800V HVDC architectures. The round was led by the Amadeus APEX Technology Fund, with participation from First Momentum, Mätch VC, and Balnord, bringing the company’s total funding to €7.5M. Skycore […] Read more ›
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Flower, a Stockholm-based energy tech firm, has finalized a €20M addition to its Series A funding round, closing it at €45M and bringing total investment to €100M. Founded in 2020, Flower is working on optimizing Europe’s evolving energy systems by combining AI-driven platforms with Battery Energy Storage Systems (BESS). Northzone led the round, joined by […] Read more ›
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Finfra, an embedded lending API startup founded by Latvian entrepreneurs Reinis Simanovskis and Markus Prommik, has secured a $2.5 million funding round and formed a strategic partnership with digital banking group Tyme. Led by Cento Ventures and supported by Accion Venture Lab, Z Venture Capital, Avafin founder Matiss Ansviesulis, Hustle Fund, and FIRSTPICK, the new […] Read more ›
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Every harvest season, farmers face a critical yet often overlooked challenge: the efficient use of nitrogen fertilizers. Mismanagement not only strains their finances but also contributes to a global environmental crisis. Lensor answers this pressing challenge with a pioneering approach, leveraging cutting-edge AI and remote sensing to transform agricultural practices worldwide. This Nordic startup is […] Read more ›
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Vinted, a second-hand fashion marketplace based in Vilnius, has secured €340 million in a secondary share sale, primarily led by TPG, which values the company at €5 billion. This funding round also includes participation from investors like Hedosophia and Baillie Gifford. The capital will be directed towards further growth initiatives, such as expanding into new markets, […] Read more ›
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Vixichain, a blockchain startup located in Vilnius, Lithuania, has secured $7 million in funding to help address the reluctance of Traditional Finance (TradFi) institutions to engage with public blockchains. The specific investors backing this round have not been disclosed. The company plans to use the funds to bolster research and development efforts, forge strategic alliances […] Read more ›
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Malmö-based pea drink company Sproud has secured an investment from British presenter and entrepreneur Maya Jama, who will also take on a partnership role. This collaboration is expected to aid Sproud’s ongoing expansion, particularly in the UK market, where it has seen significant growth. Founded in 2018, Sproud has positioned itself as a viable alternative […] Read more ›
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Reykjavik-based Alda has entered into a long-term subscription agreement with Aker Solutions to provide its Diversity, Equity, and Inclusion (DEI) software across Aker’s operations. Alda’s platform, launched just a year ago, uses real-time data and AI-driven insights to support companies in managing DEI efforts. This partnership means Aker Solutions, a major entity in the global […] Read more ›
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Stockholm-based EvoluteIQ has raised $20 million in a funding round led by Round2 Capital, with additional investments from Nordea Growth Fund, DCAP Select, and PH Ventures. The funding will be allocated to expanding EvoluteIQ’s AI-driven automation platform and strengthening its global reach. With a focus on sectors such as healthcare, banking, financial services, and insurance, […] Read more ›
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Navigating the world should be effortless for everyone, yet for millions of people with reduced mobility (PRMs), even the simplest journeys can become complex and stressful. From crowded airports to vast cruise terminals, the lack of accessible, reliable solutions forces many to rely on assistance, often stripping them of independence. Inclusive Mobility, a forward-thinking startup […] Read more ›
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Helsinki-based Avenue Biosciences has raised $2.5 million in seed funding, led by Voima Ventures, with participation from Inventure and US angel investors. The company focuses on protein engineering technologies that aim to improve efficiency in the biopharmaceutical industry. The funding will be utilized to advance their AI-enhanced platform, which addresses challenges related to the production […] Read more ›
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Vejen-based FarmDroid has secured €10.5 million in funding to support the expansion of its autonomous, solar-powered agricultural robots into the conventional farming market. The investment round, led by Convent Capital with participation from EIFO and Navus Ventures, aims to enhance the company’s operational capabilities and market presence. FarmDroid’s technology focuses on automating sowing, weeding, and […] Read more ›
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Riga-based defence tech startup Origin Robotics has raised €4 million in pre-seed funding, with €2.4 million coming from venture capital led by Change Ventures and €1.6 million from grants provided by the EU and the Latvian Ministry of Defence. Founded in 2022 by Agris Kipurs and Ilya Nevdah, the company is developing the BEAK, a […] Read more ›
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Helsinki-based DataCrunch has secured $13 million in a seed funding round led by byFounders, with participation from J12 Ventures, Local Tapiola, Nordea, and a group of prominent angel investors including Lasse Espeholt, Nal Kalchbrenner, Oskari Saarenmaa, Henrik Rosendahl, Anders Bo Pedersen, Maaike Bryon, Ari Tulla, Tuomo Riekki and Tapio Tolvanen. DataCrunch aims to become Europe’s […] Read more ›
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Espoo, Finland (September 18-19, 2024) In collaboration with Aalto University and City of Espoo, ArcticStartup Events launched Nordic Deep Tech Business Summit (NORDEEP) to connect the research teams and deep tech startups to funding, talent, expertise and clients. The third NORDEEP Summit will bring together over 700+ scientists, entrepreneurs, investors and corporate representatives on September […] Read more ›
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Waste sorting is a fundamental step in the journey towards a circular economy, yet it remains a challenge for many. Contaminated recycling bins, inefficient sorting practices, and a general lack of awareness can all impede the process, leading to more waste ending up in landfills. This is where WasteLocker steps in. The startup is redefining […] Read more ›
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Trondheim-based hydrogen technology scaleup Hydrogen Mem-Tech has received funding from Peak Sustainability Ventures, based in India, and London’s AP Ventures. Peak’s investment, which secures them a 10.5% stake, is part of a €6.3 million (NOK 75 million) capital raising round that includes contributions from existing investors. The Trondheim-based company specializes in membrane technology for hydrogen […] Read more ›
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Traditional infrastructure maintenance practices are no longer keeping pace with the demands of modern cities. Roads across Europe are in poor condition, leading to increased commute times, safety hazards, and skyrocketing maintenance costs. Countries like France, Spain, and the Netherlands report that up to 16% of major roads are in disrepair, and congestion issues in […] Read more ›
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Aarhus-based PipeBio has been acquired by Benchling, marking a new phase in the integration of bioinformatics and cloud-based software for biologics research. PipeBio, known for its cloud-native platform that facilitates the screening and analysis of large-scale biological sequences, will now operate under the Benchling umbrella, bringing its expertise to a broader technological ecosystem. With this […] Read more ›
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Stockholm-based CorPower Ocean has secured €32 million in Series B1 funding to advance its wave energy technology towards commercialization. The investment round was led by NordicNinja VC, SEB Greentech, and EIT InnoEnergy, with participation from Santander Alternative Investments, Iberis Capital, and Cisco Investments. The funds will support the deployment of CorPower’s wave energy converters (WECs), […] Read more ›
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Aira, a Stockholm-based clean energy-tech company, has secured €63 million in funding from existing investors Temasek, Statkraft Ventures, Kinnevik, and Altor, as part of an extension to its previously oversubscribed €145 million Series B round completed in January 2024. Aira develops intelligent heat pumps and offers clean energy tariffs and solar installations through affordable monthly […] Read more ›
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Most popular sources
Business Insider
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33% 13 |
Wired
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9% 5 |
Android Authority
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7% 3 |
Tom's Hardware
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7% 18 |
Mashable
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6% 3 |
| View sources » | |
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20.12.2025 04:27
Last update: 04:20 EDT.
News rating updated: 11:22.
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