Resand, a Finnish technology company focused on regenerating and recycling foundry sand, has secured a EUR 3 million loan from Nefco, the Nordic Green Bank. This financing, combined with previous investments, will enable Resand to scale up its Sand As A Service (SAAS) solution, which allows foundries to recycle and reuse sand, drastically reducing the […] Read more ›
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Amferia, a Mölndal-based medtech company specializing in antimicrobial healthcare solutions, has secured €1.2 million in an oversubscribed investment round led by Chalmers Ventures, alongside new investors. This funding will accelerate the clinical development of Amferia’s innovative hydrogel platform, which is designed to combat resistant bacterial infections by utilizing antimicrobial peptides. The company will also use […] Read more ›
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Karkkila-based Hailia Nordic has partnered with fish supplier Kalavapriikki and S Group to launch a new food product made from rainbow trout sidestreams. This collaboration aims to reduce waste in fish processing by turning typically discarded parts into a ready-to-use food product, which will be available in over 500 stores under S Group’s Kotimaista label. […] Read more ›
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Mycorena, a Swedish mycoprotein company, has been acquired by Naplasol, part of the VEOS Group, marking a significant step in the company’s development. Established in 2017, Mycorena has focused on fungi-based technology, producing its signature product, Promyc®, known for its nutritional value and sustainable production. This acquisition allows Mycorena to scale its operations with the […] Read more ›
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Lund-based SmiLe Inject Capital has recently invested 9 million SEK (approximately 0.8 million euros) in three pioneering life science startups: Uman Sense, Nygen Analytics, and Aligned Bio. Uman Sense, a spin-off from Lund University, is developing Stroke Alarm, a wristband that monitors patients at high risk for stroke, with 3 million SEK allocated to support […] Read more ›
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Sunly, a Tallinn-based renewable energy producer, has secured €300 million in debt financing to accelerate its renewable energy projects across the Baltics and Poland. The funding was led by Rivage Investment through its high-yield infrastructure debt funds, Copenhagen Infrastructure Partners (CIP) via its Green Credit Fund I, and Norway’s largest pension company, Kommunal Landspensjonskasse (KLP), […] Read more ›
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Ocean Oasis, an Oslo-based cleantech startup, has secured a €6 million grant from the European Executive Agency on Climate, Infrastructure, and Environment (CINEA) to advance its innovative wave-powered desalination technology. The funding will be used to deploy Ocean Oasis’ offshore desalination buoys off the coast of Gran Canaria, aiming to supply fresh water to 15,000 […] Read more ›
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Copenhagen-based startup Tiimo, a leading app designed to support neurodiverse individuals, has successfully raised $1.6 million in its latest funding round, bringing the total raised to $4.8 million. This pre-Series A round was co-led by Crowberry Capital and People Ventures, with additional backing from Sweden’s Inner Foundations, which focuses on mental health startups. Previous investors […] Read more ›
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Uniqkey, a Denmark-based cybersecurity startup, has secured €5.35 million in a funding round led by Swedish VC firm BackingMinds, with participation from industry veterans like Jesper Zerlang, Lars Ankjer, Otto Krabbe, Rolf Bladt, and several prominent angels. Uniqkey specializes in providing military-grade password management solutions to bolster European companies against the growing threat of cyberattacks […] Read more ›
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Oslo-based startup Cardboard has raised €1.9 million in seed funding to scale its SaaS subscription management platform across Europe, starting with the Swedish and UK markets. The funding round was led by Skyfall Ventures, with additional support from RunwayFBU and Sondo. Cardboard’s platform helps startups, scaleups, and SMEs manage their SaaS subscriptions by centralizing data, […] Read more ›
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Helsinki-based recruitment tech company Jobilla has raised €6M in funding from Juuri Partners, Trind VC, Business Finland, and business angels including Matti Vikkula, who also takes on the role of Chair of the Board. The new capital will support Jobilla’s ongoing international expansion and further development of its AI-powered platform, which automates key aspects of […] Read more ›
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Stockholm-based EcoDataCenter has partnered with CoreWeave to construct Europe’s first large-scale NVIDIA Blackwell AI cluster in Falun, Sweden. CoreWeave, a cloud-based computing powerhouse, is expanding its footprint in Europe with this collaboration, which will substantially increase the continent’s AI computing capacity. EcoDataCenter, renowned for its sustainable data centers powered by renewable energy, will house thousands […] Read more ›
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Carguru, a leading car-sharing platform in Latvia, has merged with electric car-sharing startup OX Drive, making it the largest provider of electric car-sharing services in the country. This merger significantly expands Carguru’s fleet with over 200 additional electric vehicles, including Tesla and Audi models, which will now be available through Carguru’s app. OX Drive, which […] Read more ›
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Nordic SeaFarm has secured €2.1 million (25 million SEK) in funding, led by EIT InnoEnergy and Inter IKEA Group. The investment will advance the company’s research and development efforts and expand its seaweed cultivation operations across Europe. The capital aims to support Nordic SeaFarm’s initiatives in creating sustainable materials and solutions, including replacements for synthetic […] Read more ›
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Tallinn-based Myceen has secured over €2 million in grants this year, with an additional €1-1.5 million in seed investment anticipated. The company’s funding comes from a wide range of investors, including the Mistletoe Japanese Impact Fund, EIT Climate KIC, Enterprise Estonia (EAS), the German Ministry of Culture, the Estonian Research Council (ETAG), Beamline Deep Technology […] Read more ›
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Podimo, a Copenhagen-based audio subscription service, has acquired Dutch podcast production company Tonny Media, known for popular shows such as De Zelfspodcast and Geuze & Gorgels. This acquisition follows Podimo’s entry into the Dutch market in 2022, during which it also acquired Dag en Nacht Media and has now reached profitability. Both Podimo and Tonny […] Read more ›
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DealPotential, a Stockholm-based startup, has raised $1 million in Seed funding to advance its Investment Intelligence Platform, a tool designed to enhance decision-making for investment professionals. The funding was secured from a confidential Family Office, signaling robust investor confidence in DealPotential’s innovative approach to the investment sector. With these funds, DealPotential plans to accelerate the […] Read more ›
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Vilnius-based startup Tingit has secured €500,000 in pre-seed funding to further its mission of digitizing the repair industry, starting with fashion items. The round was led by Firstpick, with additional backing from BADideas.fund, PurposeTech, and Heartfelt Capital. Tingit offers a seamless platform that connects consumers with repair specialists, handling everything from service booking to payment […] Read more ›
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Helsinki-based biotech company NADMED has raised €3.5M in a Series A funding round led by Nordic Science Investments, with additional support from Voima Ventures, University of Helsinki Funds, private European investors, and Business Finland. NADMED has developed a CE-marked testing kit that measures NAD and glutathione levels from fresh blood samples, providing crucial data on […] Read more ›
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Helsinki-based cloud-native gaming and entertainment company Return Entertainment has partnered with Aethir to enhance the smart TV gaming experience by integrating cloud-native gaming with decentralized GPU infrastructure. This collaboration aims to make high-quality, cinematic gaming more accessible on smart TVs, allowing users to play using their smartphones as controllers. With Aethir’s scalable GPU cloud services, […] Read more ›
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Most popular sources
Business Insider
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29% 3 |
Tom's Hardware
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13% 7 |
Gizmodo
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9% 4 |
Mashable
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6% 0 |
The Verge
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5% 1 |
| View sources » | |
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20.12.2025 20:42
Last update: 20:35 EDT.
News rating updated: 03:30.
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