Estonia-based Patchstack has partnered with GoDaddy to bring vulnerability detection capabilities directly into GoDaddy’s Managed WordPress hosting platform, aiming to help small businesses respond more quickly to the growing volume of website security threats. Patchstack specializes in website vulnerability intelligence, detection, and mitigation, while GoDaddy is the world’s largest domain registrar and a major web […] Read more ›
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Voima Ventures has closed its €100M+ Fund III, focused on supporting early-stage science and deep tech startups across the Nordic and Baltic regions. The fund plans to invest in 25-30 companies, with initial investments ranging from €200,000 to €3 million, prioritizing innovations in fields like life sciences, energy, food, and advanced AI. Backed by institutions […] Read more ›
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DTE, a Reykjavik-based company in digital transformation for the aluminium industry, has appointed Auður Árnadóttir as Chief Financial Officer. With extensive experience in financial leadership roles across industries such as biotech and renewable energy, Auður brings critical expertise in strategic growth and operational efficiency. Her background, including overseeing complex funding initiatives and scaling operations, aligns […] Read more ›
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ŌURA, a leader in wearable health technology, has raised $200 million in Series D funding, increasing its valuation to $5.2 billion. The round saw participation from Fidelity Management & Research Company and Dexcom, a global glucose biosensing firm. The funding will support ŌURA’s development of AI-powered health features, global expansion, and potential acquisitions. The company, […] Read more ›
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Stockholm-based health tech company Corsmed has raised $3.5 million in seed funding from Luminar Ventures and Big Pi Ventures to further develop its groundbreaking MRI (Magnetic Resonance Imaging) technology. Corsmed’s software reduces MRI scan times from the traditional 45 minutes to just 2-3 minutes while improving diagnostic precision. The funding will accelerate product development and […] Read more ›
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Lightbringer, a Lund-based legal tech company founded in 2023, has raised €4.2 million in a funding round led by Luminar Ventures and Alliance VC, with additional contributions from Zenith Ventures and several Nordic angel investors. The company offers an AI-powered platform designed to simplify patent protection for small and medium-sized enterprises (SMEs) and startups. By […] Read more ›
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Swedish startup Adsorbi, SmellWell and Icebug have formed a partnership to develop Freshener Inserts, a new product designed to reduce the environmental impact of shoe deodorizers. The inserts are made from cellulose derived from Nordic wood, offering a sustainable alternative to traditional odor removers like activated carbon. Adsorbi, a greentech startup founded on research from […] Read more ›
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Orijin, a B2B SaaS company transforming agricultural supply chains, has secured strategic funding from Brainforest Association and Gorilla Capital to advance sustainability in coffee and cocoa production. Armed with cutting-edge tools for traceability, compliance, and environmental protection, Orijin empowers producers to meet stringent standards like the European Union Deforestation Regulation (EUDR). The company’s innovative approach […] Read more ›
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Nordic Bioproducts Group (NBG), a Finnish manufacturer of Microcrystalline Cellulose (MCC), has partnered with C.Q. Massó in Spain and Portugal and secured a distributor in Italy to strengthen MCC supply for the beauty and personal care industries. These partnerships aim to support manufacturers in meeting evolving EU regulations on harmful ingredients and product traceability. MCC, […] Read more ›
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T-robotics, based in San Francisco and Trondheim, has secured $5.4 million in Seed funding co-led by Emergent Ventures and Engine Ventures, with additional participation from Berkeley Skydeck and Raisewell. The company develops ActGPT, a robot-agnostic software that uses natural language and pre-trained AI models to simplify programming and enhance the adaptability of industrial robots. The […] Read more ›
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Norwegian fintech Settle has been acquired by UK-based payments firm Sokin in a strategic move to enhance technological capabilities and expand market presence. Founded in 2010, Settle revolutionized mobile payments in the Nordics with the launch of the first mobile payment platform in Norway, mCASH. Today, Settle’s platform enables consumers and businesses across Europe to […] Read more ›
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Stockholm-based fintech company Mynt has raised €22 million in a Series B funding round, bringing its total funding to over €50 million. The round was led by Vor Capital, with participation from existing investors CNI and Incore. Mynt provides corporate credit cards and spend management solutions tailored to SMEs, with a focus on integrating its […] Read more ›
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HeavyFinance, a climate tech company dedicated to advancing sustainable agriculture, has secured €14 million in funding through a partnership with Multitude Bank. The investment, supported by a €10.5 million portfolio guarantee from the European Investment Fund (EIF), will enable HeavyFinance to provide loans to small- and medium-sized farms across the EU, helping them adopt regenerative […] Read more ›
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Maria 01, the Nordics’ largest startup hub, has announced a milestone achievement. Its member and alumni startups have collectively raised over €1 billion in funding since 2016, reflecting the hub’s growing role in Finland’s innovation landscape. The funding milestone underscores Maria 01’s position as a key driver in early-stage venture capital investments, with member and […] Read more ›
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Freya Cultivation Systems, a Lithuania-based AgTech startup, has raised €500,000 in seed funding from Coinvest Capital, BSV Ventures, and private investors Paulius Vilemas and Marko Lehtovaara. The funding will be used to build a demonstration greenhouse near Kaunas to test and validate the company’s Aeroframe system, a three-dimensional greenhouse technology designed to increase crop yields […] Read more ›
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Aisti, a Jyväskylä-based company specializing in acoustic tiles made from renewable wood fibers, has secured €29 million in Series A funding to build its first commercial factory in Kitee, Finland. The round included contributions from investors such as Voima Ventures, Maki.vc, and the Valve Ventures consortium, along with non-equity financing from Norion Bank, the South […] Read more ›
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AgriRobot, a Lyngby-based company developing safety software for autonomous agricultural robots, has raised over €2.5M in equity and grant funding in its latest round, led by Norminal Ventures with participation from Tall Grass Ventures. AgriRobot specializes in functional safety for equipment manufacturers transitioning to autonomous operations. The company focuses on creating certifiable software to ensure […] Read more ›
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Nordic Angels, a prominent network of angel investors in the Nordic region, has appointed Kustaa Valtonen and Peter Vesterbacka as founding members of its new Finnish chapter. Valtonen is recognized for his leadership in the Helsinki-Tallinn tunnel project, while Vesterbacka, a former executive at Rovio Entertainment, played a key role in the global success of […] Read more ›
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Danish ERP solutions provider cspaar has partnered with Sweden’s Qred Bank AB to offer business loans of up to €268.1K (2,000,000 DKK), targeting the growth needs of small and medium-sized enterprises (SMEs) in Denmark. cspaar, known for its user-friendly ERP systems and business optimization tools, is enhancing its offerings by integrating Qred’s swift and transparent […] Read more ›
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Helsinki-based Arctic Instruments, a spinout from VTT Technical Research Centre of Finland, has raised €2.35 million in funding to advance its superconducting microwave amplifier technology, pivotal for scaling quantum computers. The funding round was led by Lifeline Ventures, known for backing early-stage category leaders. Arctic Instruments specializes in manufacturing near-quantum-limited amplifiers, essential for accurate qubit […] Read more ›
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Novatron Fusion Group has secured €3 million in funding from the EIC Pathfinder Program for its TauEB project, which focuses on improving plasma confinement in fusion reactors. The project, developed in collaboration with KTH Royal Institute of Technology, KIPT, UKAEA, and EIT InnoEnergy, seeks to enhance the stability and efficiency of energy containment in fusion […] Read more ›
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14.06.2026 14:57
Last update: 14:50 EDT.
News rating updated: 21:52.
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