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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Cambri, a Helsinki-based AI-powered consumer insights platform, has raised €8 million in a new funding round to scale its operations. The round saw participation from new investors Octopus Ventures and S4S Ventures, co-founded by Sir Martin Sorrell, alongside existing backers including OpenOcean, Spintop Ventures and The 98. Cambri’s technology, used by major brands, aims to […] Read more ›
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Reykjavik-based Carbon Recycling International (CRI) has partnered with Tianying Group to introduce its CO2-to-methanol technology at China’s first large-scale E-methanol plant in Liaoyuan. The plant will produce E-methanol by converting captured carbon from biomass and green hydrogen sourced from renewable-powered electrolysers. Designed for flexible operation with variable wind energy inputs, the facility is set to […] Read more ›
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Tampere-based startup TheStorage secured €1 million in funding from 2C Ventures and Superhero Capital to develop its sand-based thermal energy storage technology, which aims to decarbonize industrial heat. The company’s system stores renewable energy as heat, enabling a stable supply of fossil-free industrial heat, even during periods when renewable energy generation is low. The funding […] Read more ›
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iDenfy, a Kaunas-based RegTech company specializing in KYC (Know Your Customer) and AML (Anti-Money Laundering) solutions, has partnered with GlolinkOTC, a Czech-based fiat-to-crypto exchange platform. The collaboration aims to enhance compliance standards by integrating iDenfy’s identity verification tools into GlolinkOTC’s system, automating the onboarding process and ensuring adherence to regulatory requirements. With the increasing use […] Read more ›
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Reykjavik’s Moombix has raised £1.9 million in a seed funding round led by Frumtak Ventures, with support from angel investors. The company operates an online platform that connects adult learners with music teachers worldwide, covering a range of disciplines including instrument lessons, voice coaching, DJing, and music production. The funding will be used to expand […] Read more ›
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Tallinn-based startup Symmetrista has raised €120K to advance the production of its Signature bra, designed specifically for women who have undergone breast reconstruction after breast cancer. Addressing the challenges of breast asymmetry, the bra is crafted to offer a tailored fit and everyday comfort for users. With the new funding, Symmetrista plans to enhance manufacturing […] Read more ›
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node.vc, a Nordic early-stage venture capital firm, has successfully closed a €71 million fund to support emerging entrepreneurs across the region. The firm’s approach involves leveraging a network of over 70 experienced entrepreneurs and investors, offering guidance alongside capital. Key investors include Saminvest, a Swedish government-backed venture capital entity, and other Nordic institutions. The fund […] Read more ›
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Bolt has teamed up with Starship Technologies to launch a new grocery delivery service in Tallinn, Estonia, utilizing autonomous robots. The partnership integrates Starship’s delivery robots with the Bolt Food platform, offering customers an alternative to traditional couriers. Starting from three Bolt Market locations, the service allows residents to receive their groceries via robot, providing […] Read more ›
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PSV Hafnium, a Danish venture fund, has secured €38,1 million (DKK 285 millio0n) in commitments from the European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO). With a total fund size cap of €80,4 million (DKK 600 million), it aims to invest in around 30 early-stage deep tech startups across Denmark […] Read more ›
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Reykjavik-based AviLabs, the creator of Plan3, has secured an €8 million investment round led by Frumtak Ventures, with continued support from existing investor Brunnur Ventures. The company’s technology, Plan3, focuses on managing airline passenger disruptions by providing automated and personalized solutions to handle issues such as delays and cancellations. The new funding will support AviLabs […] Read more ›
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WhiteBridge, based in Vilnius, has raised $500,000 in pre-seed funding from FIRSTPICK, Scalewolf, First Degree, and Nectolabs. The company offers an AI-powered platform that helps users manage their online reputation by gathering and verifying data from multiple public sources. With this funding, WhiteBridge aims to expand its team, improve its AI technology, and increase its […] Read more ›
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Quartr, a Stockholm-based software and data provider, has secured a $6 million investment from Altos Ventures. Quartr specializes in providing qualitative public market research through products like Quartr Pro, a research platform that serves hedge funds, asset managers, and corporate strategy teams of Fortune 500 companies. The funding will be used to accelerate Quartr’s global […] Read more ›
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Oslo-based deep-tech startup Muybridge raised €8 million (NOK 93.5 million) in a funding round led by Fairpoint Capital, with additional backing from Idekapital, RunwayFBU, Vikingstad Invest, and several angel investors. The company has developed an imaging platform that shifts camera functionality from hardware to software, enabling new applications across sectors such as sports, broadcasting, and […] Read more ›
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Bemakers, a Copenhagen-based startup, has secured €3.5 million seed funding to enhance its beverage distribution platform across Europe. The round was backed by a mix of strategic investors, further solidifying Bemakers’ position as a tech-forward solution in the industry. The funds will be used to expand distribution channels into new markets, enabling brand partners to […] Read more ›
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Paebbl has closed $25 million in a Series A round led by Capnamic with participation from Amazon’s Climate Pledge Fund, Holcim MAQER Ventures, Aurum Impact, and several European industrial family offices, including the Family office of Antti Herlin. Existing investors, including 2050, Pale Blue Dot, and the Grantham Foundation, also increased their stakes. Paebbl specializes […] Read more ›
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Helsinki-based Munchfam has raised €600K in a round led by Belgium’s Pitchdrive and Greece’s Genesis with the support of Nordic Makers, Founders Edge, and former & current management from Wolt, JustEat, Food Panda, and Bolt. The company helps restaurants thrive by providing great food experiences to their consumers. The funding will enable them to scale […] Read more ›
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Oulu-based startup Louhe Oy has secured €3 million led by Lifeline Ventures with the participation of previous investors and tech veterans. The company gathers essential data sources from campuses and buildings to create intelligent situational awareness utilizing machine learning and Explainable AI. The recent funding round will enhance their services and feed their mission to […] Read more ›
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The LOOPER project, a collaboration involving Visibuilt ApS, Munck Asfalt A/S, and the Technical University of Denmark, has been awarded a €1.7 million (DKK 13,18 million) grant from EUDP (Det Energiteknologiske Udviklings- og Demonstrationsprogram). The funding aims to further develop visiBIT, a new binder designed to replace fossil fuel-based bituminous binders in pavement construction. The […] Read more ›
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Monese, founded by Estonian entrepreneur Norris Koppel in 2015, offers digital banking services across the UK and Europe, specializing in multi-currency accounts for individuals and businesses who need easy cross-border financial access. The company is now being acquired by Pockit, a UK-based fintech that provides financial services to underserved, lower-middle-income consumers, focusing on products like […] Read more ›
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Tenity VC’s Climate Fintech Report 2024 highlights Estonia as a global leader in climate fintech, showcasing remarkable growth, innovation, and resilience in a rapidly evolving sector. The report reveals Estonia’s standout performance, with the country leading on several key metrics, including climate fintechs per capita and the rate of female founders. For the third consecutive […] Read more ›
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20.12.2025 04:27
Last update: 04:20 EDT.
News rating updated: 11:22.
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