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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Dealflow, a Copenhagen-based startup, recently raised a significant $700,000 pre-seed round with one of the highest valuations in the Nordic region in 2023. The primary goal of this funding is to assist global companies in managing their invoicing, payments, and finances in the age of AI. The company prioritizes maintaining control in the hands of […] Read more ›
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Copenhagen-based Your.Rentals, a leading short-term rental management platform, has secured €2.7 million in growth finance, with an investment from Trind Ventures following a successful Seedrs crowdfunding campaign. This capital infusion will fuel Your.Rentals’ expansion efforts, allow them to enhance their financial services for property owners and managers, forge strategic partnerships with key channels like Booking.com, […] Read more ›
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Lund-based startup Pinteg has secured nearly €600K (7 MSEK) in funding for its data protection platform called Fairity. The company aims to address the challenges businesses face in complying with GDPR law, as 86% of business leaders currently lack satisfactory solutions for GDPR compliance. Pinteg is at the forefront of developing innovative data protection solutions […] Read more ›
1
AMLYZE, a Vilnius-based RegTech startup specializing in anti-financial crime solutions, has partnered with Shufti Pro, an identity verification service provider, to enhance AML and KYC services for their clients. This collaboration combines AMLYZE’s expertise in transaction monitoring and sanctions screening with Shufti Pro’s advanced compliance and identity verification technologies, offering clients seamless identity verification, comprehensive […] Read more ›
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Tallinn’s startup Bisly has successfully secured a substantial €3.6 million in funding to drive the expansion of its intelligent building platform into the Nordics, the DACH region, and the UK. This funding round, led by Aconterra, with participation from Second Century Ventures, Reach UK, SmartCap Green Fund, Pinorena Capital, and angel investors, underlines Bisly’s commitment […] Read more ›
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Helsinki-based startup Boksi recently secured €7 million in a Series A funding round, with leading contributions from 3TS Capital Partners and Nexit Ventures, along with existing investors Trind Ventures, Aikainen Ventures, Business Finland and some angel investors. The startup acts as a bridge between social media influencers and brands, providing a platform where brands can […] Read more ›
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Bzzt and MoveByBike, two Swedish mobility companies specializing in eco-friendly urban deliveries, are merging to enhance their competitiveness and broaden their service offerings. The merger will combine Bzzt’s electric mopeds and three-wheeled pods with MoveByBike’s electric cargo bicycles. The primary goal is to provide fast, emission-free deliveries, including same-day and one-hour options. Both companies have […] Read more ›
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Copenhagen-based Airtame has joined forces with Jabra, a leading Danish provider of audio and hybrid work solutions. Airtame provides hardware and software solutions for wireless screen sharing, digital signage, and video conferencing collaboration in professional settings, enhancing communication and collaboration within organizations. The partnership between Airtame and Jabra is centered on delivering a comprehensive meeting […] Read more ›
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Aarhus-based e-commerce personalization platform Relewise has secured €800,000 in a pre-seed funding round from Founderment, along with e-commerce entrepreneurs Mikkel Salling, Jesper Hvejsel, and Stefan Rosenlund. The capital will be used to expand Relewise’s platform to new markets, enabling e-commerce businesses to create more personalized user experiences to boost average basket size and customer retention. […] Read more ›
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The European Investment Fund (EIF) and Vilnius-based crowdfunding platform Finbee Verslui have signed a portfolio guarantee agreement under the InvestEU program to provide up to €19 million in new loans for businesses in Lithuania, mainly to micro-enterprises experiencing difficulties accessing credit. Finbee Verslui is a Lithuanian fintech offering efficient online-based financing solutions to small businesses, […] Read more ›
0
Creative Force, a Holstebro-based end-to-end creative operations workflow platform for e-commerce brands, has secured $8.9 million in Series A funding from the Export and Investment Fund of Denmark (EIFO) and Hearst Ventures, bringing their total funding to $17.9 million. The company plans to use this investment to expand its Danish headquarters and open a new […] Read more ›
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Reykjavik-based startup Sidekick Health has made a strategic move by acquiring aidhere, a German company specializing in prescription digital therapeutics (PDT), including their product, zanadio. This acquisition represents a significant step in bolstering Sidekick Health’s presence in the digital healthcare sector, firmly establishing the company at the forefront of this rapidly evolving industry. It also […] Read more ›
2
Stockholm-based startup Pixelgen Technologies has successfully closed a $7.3 million Series A financing round led by Industrifonden and Navigare Ventures, aimed at supporting the commercial expansion of their spatial proteomics tool for single cells, designed to analyze cell surface proteins and revolutionize drug discovery and basic science. The startup specializes in spatial proteomics, utilizing their […] Read more ›
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Tallin-based cleantech scaleup Skeleton Technologies has recently raised a substantial €108 million in funding, with notable investors like Siemens Financial Services and Marubeni Corporation coming on board. The company focuses on developing energy storage solutions, including supercapacitors and their high-power battery technology, the SuperBattery, with a commitment to sustainability and reduced reliance on critical raw […] Read more ›
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Born from a five-year academic research project at the University of Helsinki, the edtech startup Kide Science has been acquired by Accelerate Learning, a leading provider of preK-12 STEM curricula. The startup is known for its imaginative and play-based STEM lessons for young children. This strategic acquisition aims to expand Accelerate Learning’s early childhood educational […] Read more ›
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The Europas Awards – one of Europe’s premier tech startup awards – celebrates the most innovative and ambitious startups across the continent. The awards ceremony is an annual event that brings together entrepreneurs, investors, and tech enthusiasts worldwide to recognize the brightest stars in the European tech startup scene. The Europas Awards have a long […] Read more ›
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A new study conducted by Tesi (Finnish Industry Investment Ltd) has shed light on the state of the health and life sciences sector in Finland, revealing both growth and challenges within the industry. Despite significant potential and increasing investments in the sector, financing bottlenecks continue to hinder its progress. The study, which analyzed data dating […] Read more ›
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The startup landscape in the Nordics and Baltics is a thrilling and ever-evolving space filled with funding opportunities for innovation and growth. However, one familiar challenge entrepreneurs face is securing funding to bring their ideas to life. In recent years, the Nordics and Baltics have emerged as hotspots for startup success, with a vibrant ecosystem […] Read more ›
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Enerpoly, a Stockholm-based zinc-ion battery developer, has secured a two-year grant of $600K (6.8 MSEK) from Vinnova, the Swedish Governmental Agency for Innovation Systems. The startup specializes in developing and producing safe, sustainable, and affordable zinc-ion battery cells and packs to support the global transition to renewable energy. The grant will be used by Enerpoly […] Read more ›
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Kuopio-based startup Capalo AI has raised €500K in pre-seed funding, led by Innovestor Tech Fund with participation from Inventure, to further develop its AI technology for optimizing the use of flexible energy assets like energy storage systems and EV charging stations. The startup uses AI and real-time data to optimize the usage of flexible energy […] Read more ›
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Most popular sources
Tech Wire Asia
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30% 24 |
Business Insider
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27% 1 |
CNET
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8% 3 |
Eurogamer.net
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5% 1 |
Android Authority
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4% 1 |
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28.11.2024 15:38
Last update: 15:31 EDT.
News rating updated: 22:31.
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