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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Copenhagen-based biotech scaleup MinervaX has secured €54 million in funding to advance the development of a maternal vaccine against Group B Streptococcus (GBS). The funding includes participation from new investors EQT Life Sciences and OrbiMed, along with the existing investors Novo Holdings, Pureos Ventures, Sanofi Ventures, Trill Impact Ventures, Adjuvant Capital, Wellington Partners, Industrifonden, Sunstone […] Read more ›
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Stockholm-based fintech company Treyd has appointed Colin Moss-Davies as its first Chief Revenue Officer (CRO) to support its rapid growth and profitability goals. Treyd offers a service where it pays for inventory upfront on behalf of growing businesses, enabling both direct-to-consumer (D2C) and business-to-business (B2B) SMEs to sell more products, manage cash flow, and free […] Read more ›
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Helsinki-based startup Phaver has secured $7 million in seed funding from a group of investors including Polygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures, Alphanonce, f.actor, Superhero Capital, and SwissBorg. The startup offers a web3 social platform where users can create, own, monetize, and have full control over their social media profiles and content, with […] Read more ›
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Tallinn-based precision agriculture startup Paul-Tech has secured €1.4 million in a seed funding round led by Estonian fund Superangel, with participation from various investors, including SmartCap, Honey Badger Capital, the Estonian Business Angels Network (EstBAN), Tatoli AS, Overkill VC and business angels from Sweden. The startup uses proprietary soil sensors and data analytics to provide […] Read more ›
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MyDello, an international logistics platform based in Tallinn, has secured €1.25 million in funding to expand its operations. The round was led by Superhero Capital, with participation from investors such as Yevgeny Kabanov, president of Bolt, and angel investors from the previous rounds. MyDello is a digital logistics platform that provides instant quotes, manages paperwork, […] Read more ›
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Mantas Mikuckas, co-founder of the second-hand clothing marketplace Vinted, is steering his investments towards a new green frontier. He’s pouring €1 million into the world of sustainable agriculture through HeavyFinance, a fintech startup based in Vilnius. The objective is to reduce the carbon footprint of farming, which currently contributes a significant 22% of global CO2 […] Read more ›
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Helsinki-based PaRAS Aqua marks a significant milestone as the first startup to emerge from the Natural Resources Institute Finland (Luke). The startup, partially funded by Business Finland’s Research to Business program, is set to disrupt the aquaculture industry with its innovative Partial air-driven Recirculation Aquaculture System (PaRAS). PaRAS is modular, lightweight, and environmentally friendly, consuming […] Read more ›
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Yazen, a Lund-based digital weight-loss clinic founded in 2021, recently secured €3.1 million in funding to support its expansion across Europe. The round was led by Luminar Ventures. The startup’s mission is to combat obesity by offering a combination of lifestyle changes and modern medication through a digital platform. They aim to further develop their […] Read more ›
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Stockholm-based venture capital firm Luminar Ventures has successfully closed its second fund, raising €65 million (715 MSEK). Their first fund has seen success through investments in companies like Mindler, Insurely, Normative, Greenely, Mynt, and Carla. The founders from their first fund are now referring new entrepreneurs to the second fund, signaling strong support from the […] Read more ›
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Copenhagen-based startupResponsibly has secured $2.4 million in a seed funding, with leading investments from Hambro Perks and Pi Labs, as well as support from Global Founders Capital, AENU, Michael Wax, and Benedikt Franke. The platform aids businesses in assessing the sustainability of their suppliers and reducing the costs associated with data compliance by using AI […] Read more ›
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Stockholm-based fintech startup Brite Payments has raised $60 million in a funding round led by Dawn Capital, with participation from Headline and existing investor Incore Invest. Brite specializes in instant bank payments using open banking technology. The funds will support Brite’s expansion across Europe, strengthen existing markets, and advance product development, notably enhancing its Brite […] Read more ›
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Helsinki-based AI governance startup Saidot has secured €1.75 million in a seed funding round led by Crowberry Capital and Ventic. this investment was further bolstered by an additional €250K contribution from Business Finland after Saidot was chosen for its “Young Innovative Companies” funding program. Saidot’s platform helps organizations harness the potential of generative AI safely, […] Read more ›
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In today’s rapidly evolving investment landscape, staying ahead of the curve is crucial for venture capital firms, private equity firms, investment companies, and family offices. That’s where Rundit – a portfolio management and monitoring solutions provider – wants to make a difference and bring the investment industry up-to-date. Ironically, the investors that are funding the […] Read more ›
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Corti, a Copenhagen-based AI-driven healthcare and public safety technology company, has announced the successful closure of its $60 million Series B funding round. This funding round was co-led by Prosus Ventures and Atomico, two prominent venture capital firms. Existing investors, including Eurazeo, Export and Investment Fund of Denmark, and Chr. Augustinus Fabrikker, also participated in […] Read more ›
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Copenhagen-based Acesion Pharma has successfully secured €45 million in Series B funding led by new investors Canaan and Alpha Wave, along with participation from the Global BioAccess Fund and existing investor Novo Holdings. Acesion Pharma is a biotech company pioneering novel therapies for atrial fibrillation (AF) by developing treatments that target SK ion channels to […] Read more ›
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Oulu-based gaming startup Spectarium has successfully raised 5 million euros in a seed round led by BITKRAFT Ventures, with participation from Delphi Digital and Framework Ventures. Spectarium, founded by industry veterans from major gaming companies like EA, Epic Games, Riot Games, and Square Enix, is dedicated to creating cross-platform action RPGs. The funding raised will […] Read more ›
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Espoo-based startup MeetingPackage has successfully secured $4.6 million in Series A funding led by Scale Capital. The startup specializes in streamlining and automating the booking and management of Meetings & Events spaces for hotels and event venues. This substantial funding injection will be instrumental in fueling the company’s expansion efforts in both the European and […] Read more ›
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[Helsinki, 2 October 2023] — ArcticStartup Events is proud to announce that a group of top Ukrainian startups will be joining NORDEEP Summit on October 11-12 in Espoo, Finland. The delegation is organized by the Ministry of Digital Transformation of Ukraine, the Ukrainian Startup Fund, and YEP Accelerator with the support of the USAID Competitive […] Read more ›
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Reykjavik-based startup Flygildi has made a notable funding announcement, securing $2.2 million in seed funding from a diverse array of backers. Flygildi specializes in developing innovative drones, notably the Silent Flyer, which replicates bird-like flight for quiet and versatile applications in both military and civilian sectors. This funding package includes support from prominent Icelandic business […] Read more ›
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Riga-based geospatial analytics startup Roibox has undergone a significant transformation through its acquisition by Jakala, a prominent marketing technology solutions company operating under Ardian Buyout. This acquisition is a significant move for Jakala as it aligns with its goal of becoming a leading all-in-one marketing company by expanding its technological capabilities and services. Roibox’s core […] Read more ›
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Business Insider
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27% 1 |
Tech Wire Asia
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26% 19 |
CNET
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8% 2 |
Eurogamer.net
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5% 1 |
Android Authority
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5% 0 |
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28.11.2024 17:47
Last update: 17:35 EDT.
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