Stockholm-based fintech Froda and Copenhagen-based Ageras have forged a strategic partnership to enhance financing opportunities for small and medium-sized enterprises (SMEs) across Europe. Froda, known for assisting over 50,000 businesses with financing, is teaming up with Ageras, which serves more than 300,000 SMEs, to offer quicker and more accessible financing through Froda Embedded. The collaboration […] Read more ›
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Quest Portal, a ReykjavĂk-based company, has secured $7.6 million in funding from investors such as Lakestar, Moonfire, Brunnur, and Icelandic investors, as well as gaming industry veterans including Bing Gordon (Founder of Electronic Arts), Rahul Vohra (Founder & CEO of Superhuman), and Hilmar Veigar (CCP). The startup provides a virtual tabletop role-playing game (TTRPG) platform […] Read more ›
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Kuva Space, an Espoo-based Earth observation company based in Espoo, has successfully raised €16.6 million in funding led by existing investors Voima Ventures and Nordic Foodtech VC. They were joined by Singapore-based Earth VC, Finnish private investors through a growth funding initiative with Springvest, and non-equity funding from Business Finland. This funding will be utilized […] Read more ›
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Vilnius-based AI startup Repsense has secured nearly €1 million in funding from its existing investors. In a recent investment agreement, Iron Wolf Capital, Coinvest Capital, private angel investors, and Baltic Sandbox Ventures collectively contributed €800K. This follows Repsense’s €500K funding from the same investors in the previous year. Repsense aims to create a global platform […] Read more ›
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OX Drive, the innovative car-sharing platform for Tesla vehicles in Latvia, is set to revolutionize the electric car-sharing market following its recent funding agreement with Industra Bank. The Latvian startup, which entered the market just last year, secured an impressive €2.8 million in funding to expand its fleet of shared electric cars. The investment will […] Read more ›
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Odense-based biotech startup Bioomix has announced a major milestone with a $6.7 million investment round led by Westhill Capital, alongside existing investors such as PreSeed Ventures, Planetary Impact Ventures, HBL Invest, and David Hollidge. The startup develops all-natural microbial products that can help farmers achieve a higher and better yield with fewer chemicals and emissions. […] Read more ›
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Helsinki-based startup Wirepas has raised $22 million in a funding round led by Highland Europe, and joined by Amalfi and IQT as well as previous investors ETF Partners, KPN Ventures, Vito Ventures and Vesa Laisi. The startup builds scalable and energy-efficient IoT networks for enterprises, using decentralized mesh technology and algorithms to connect a large […] Read more ›
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Stockholm-based Sigrid Therapeutics has successfully raised $4 million in an oversubscribed funding round to support its innovative SiPore® technology. SiPore® is a natural, non-drug solution aimed at addressing the obesity and diabetes markets. The investment was made by both existing and new investors. The funds will be used to accelerate the commercialization of SiPore® in […] Read more ›
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Maria 01, a Helsinki-based startup hub, has a new leader at the helm, Sarita Runeberg, who steps into the role of CEO. Runeberg is renowned for her successful efforts in expanding Finnish businesses on the global stage, making her a fitting choice to steer Maria 01 into a new era marked by innovation and growth. […] Read more ›
15
OTA Sync, a hospitality tech startup based in Tallinn, has successfully concluded an extended seed round, raising a substantial €1.3 million in funding. The startup provides a comprehensive cloud-based solution for hotel and property management, streamlining operations and enhancing guest experiences. The round was led by Presto Ventures and featured participation from Katapult Akcelerator, TS Ventures […] Read more ›
1
Helsinki-based climate tech startup Kausal has secured €880K in seed funding from investors like Innovestor and Zubi Capital to support its mission of helping cities worldwide achieve their sustainability goals. The startup offers a software-as-a-service (SaaS) platform that allows local governments to efficiently plan, monitor, and coordinate a range of sustainability initiatives, from carbon neutrality […] Read more ›
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Helsinki-based climate tech startup Kausal has secured €880K in seed funding from investors like Innovestor and Zubi Capital to support its mission of helping cities worldwide achieve their sustainability goals. The startup offers a software-as-a-service (SaaS) platform that allows local governments to efficiently plan, monitor, and coordinate a range of sustainability initiatives, from carbon neutrality […] Read more ›
0
Stockholm-based startup Treyd has entered into a strategic partnership with Stroodles, a British company famous for its innovative edible tableware products. Treyd’s primary focus is on aiding the growth of small and medium-sized enterprises (SMEs) in the retail sector. They achieve this by offering a unique solution that allows businesses to “sell first, pay suppliers […] Read more ›
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Stockholm-based playtech startup Boxbollen has partnered with Gothenburg-based fintech startup Juni for a $2.7 million capital injection to support Boxbollen’s rapid growth. Boxbollen, known for its head-tethered boxing ball and app, saw substantial sales and revenue growth in 2022. Juni specializes in helping ecommerce businesses manage their cash flow, especially for marketing and media expenses. […] Read more ›
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Espoo-based startup Montinutra, now rebranded as Boreal Bioproducts, has successfully raised €2 million in pre-A funding. This investment round, led by Metsä Spring and private investors, is set to propel Boreal Bioproducts’ pioneering efforts in the transformation of forest industry sidestreams into sustainable, high-value biochemicals. The company’s mission is to replace traditional fossil-based products in […] Read more ›
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Vilnius-based startup The Knotty Ones, a sustainable clothing brand deeply rooted in Lithuanian knitting traditions, recently secured a €250,000 investment, primarily from female investors. The startup operates a retail business centered around the creation of artisanal knitwear. This investment will fuel their expansion, particularly in the United States, with a focus on meeting the demands […] Read more ›
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Nortech AI, a tech startup originating in Lisbon, Portugal and based in Bergen, Norway, has secured €2.5 million in a seed funding round from Indico Capital Partners, Earlybird-X, and joined by The Visionary Company & VC. The startup specializes in providing AI-driven solutions to optimize fuel consumption, navigation, equipment maintenance, and real-time data for the maritime […] Read more ›
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Helsinki-based startup Wudpecker has secured €330,000 pre-seed funding from investors, including Trind VC, Accelerace, and Sofokus Ventures. The funding round was initiated on Slush’s year-round Node by Slush platform. The AI-driven knowledge management platform extracts and centralizes critical information from diverse sources, enabling professionals to access and utilize data efficiently to enhance organizational productivity. Wudpecker […] Read more ›
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Micapass, a Vilnius-based regulatory technology startup, has secured a €240K investment from “SUPER HOW?” and the Baltic startup accelerator “Firstpick” to develop an innovative Know Your Customer (KYC) solution for decentralized finance (DeFi) protocols and web3 users. The RegTech startup offers advanced Anti-Money Laundering (AML) compliance solutions to enhance regulatory oversight and prevent illicit activities […] Read more ›
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Stockholm-based Ankra, a cloud infrastructure automation platform, recently closed €1.1 million in pre-seed funding, led by UK-based B2B investor SuperSeed, in addition to the backing of notable angel investors. The cloud infrastructure automation platform simplifies the setup and maintenance of cloud infrastructure, enabling developers to rapidly deploy applications with a focus on code and innovation. […] Read more ›
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Most popular sources
Tech Wire Asia
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28% 21 |
Business Insider
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22% 3 |
CNET
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8% 4 |
Gizmodo
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5% 0 |
Eurogamer.net
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5% 1 |
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28.11.2024 11:33
Last update: 11:25 EDT.
News rating updated: 18:22.
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