Tallinn-based startup ÄIO has launched a Series A funding round, attracting early investment from Voima Ventures. The startup specializes in sustainable oil and fat production through fermentation, offering eco-friendly alternatives to traditional fats and oils in industries like food, cosmetics, and chemicals. Notably, investors, including Nordic Foodtech VC, Voima Ventures, and Enterprise Estonia, are displaying […] Read more ›
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AskToSell, a startup based in Vilnius, recently secured a €100k pre-seed investment from Startup Wise Guys and Specialist VC, earmarked for the development of a sales automation platform designed for small deals. The startup provides an AI-driven sales automation platform tailored for small and medium-sized businesses, streamlining and optimizing the sales process for smaller deals. […] Read more ›
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Danish founder Caroline Chalmer‘s startup Finematter, a London-based startup in the jewelry industry, has successfully raised €2.6 million in its seed round. The funding comes from a group of notable investors, including Heini Zachariassen (Vivino) and Christine de Wendel (Zalando/Sunday), among others. Finematter’s platform connects customers with over 150 independent jewelers, offering services like ordering, […] Read more ›
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Stockholm-based startup QA.tech has raised $1 million in a pre-seed funding round led by VC firm byFounders to develop an AI-based tool aimed at streamlining Quality Assurance (QA) testing in software development. Other investors include Mikael Johnsson (co-founder of investment company Oxx and former partner at Amadeus Capital), Vigor Sörman (founder of Splay), Petter Nyman […] Read more ›
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Stockholm-based fintech startup Froda has announced a pioneering collaboration with Visa and Checkout.com that promises to revolutionize the utilization of Visa Direct. Visa Direct, a renowned processing capability enabling secure, real-time funds transfers via card credentials, has found a new application in business lending through this partnership. Froda is tapping into Visa’s robust infrastructure to […] Read more ›
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Rocky Road Games, a Reykjavik-based mobile gaming startup founded by the creators of QuizUp, has secured $3 million in seed funding led by Swedish early-stage venture capital firm Luminar Ventures, with participation from existing investors Iceland’s Crowberry Capital and Finland’s Sisu Ventures, as well as notable angel investors such as David Helgason, founder of Unity, […] Read more ›
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Tech Mahindra, the Indian multinational information technology services and consulting company, expanded its decade-long footprint in Finland on Tuesday with the inauguration of an innovation center in Espoo. Underscoring its commitment to Finland and the Nordic market, the company says its new center will house a diverse workforce, featuring experienced leaders and fresh talent, collaborating […] Read more ›
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Helsinki-based voice interaction technology startup Speechly has been acquired by the renowned online gaming and communication platform, Roblox. Speechly’s expertise lies in speech recognition and natural language understanding tools, enabling cost-efficient voice moderation to combat toxic behavior in online communities. Meanwhile, Roblox, a global hub for immersive digital experiences created by its community of users, […] Read more ›
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Copenhagen-based family office knowledge resource Simple has recently secured undisclosed funding from a consortium of European and North American investors, with notable participation from California-based family office Pardon and global family office North-East. Simple’s core mission is to provide knowledge, data, and services to family offices and service providers through its platform, and this funding […] Read more ›
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Espoo-based startup SaaShop Oy has raised €1.2M in seed funding to further expand its SaaS marketplace, connecting businesses with SaaS software providers. This funding round, featuring support from Business Finland, current owners, and board members, will propel SaaShop’s growth in European and North American markets, following significant expansion and customer acquisition. SaaShop simplifies software procurement […] Read more ›
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Copenhagen-based startup HPNow has successfully secured a €14 million investment in a funding round led by the Export and Investment Fund of Denmark (EIFO) and Novo Holdings, with participation from MatiTech, a sustainable water treatment solution provider in Sub Sahara, along with support from existing investors Evonik Venture Capital and AP Ventures. HPNow specializes in […] Read more ›
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Stockholm-based startup Skyqraft has raised $3.8 million in a funding round that garnered substantial interest from investors. The oversubscribed round saw participation from key players including Subvenio Invest, Neptunia Invest, and Antler, collectively injecting a crucial financial boost into Skyqraft. The newfound funding is expected to be a game-changer for Skyqraft, reinforcing its position in […] Read more ›
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Tallinn-based startup TrustLynx has announced the successful completion of a funding round that raised over €300K. The funding was led by Startup Wise Guys accelerator fund and FundingBox.VC, marking a pivotal moment in TrustLynx’s journey to foster widespread adoption of trust services on an international scale. This strategic investment will play a pivotal role in […] Read more ›
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Malmö-based foodtech startup Mylla has secured investment from Swedish VC BackingMinds and tech entrepreneur Anders Frankel to support its national expansion and potentially a European rollout in the future. Mylla’s farm-to-table platform connects local food producers directly with consumers and restaurants, reducing the number of intermediaries in the food supply chain. This approach aims to […] Read more ›
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Hailing from the heart of Copenhagen, Zuuvi has secured a substantial financial injection of €1.6 million (DKK 12.5 million), sourced from a combination of its existing investors and the Swedish financial powerhouse Ark Kapital, with a portion of the funding taking the form of a high-risk loan from Ark Kapital. The startup offers a design […] Read more ›
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WeSky, a startup originating from Vilnius, has successfully secured a substantial investment of €1.1 million. This investment comes from a consortium of Baltic investors, including Coinvest Capital, Baltic Sandbox Ventures, and an angel syndicate, in addition to continued support from existing investors Notarc Management Group. The funding will empower WeSky to move forward with its […] Read more ›
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Oslo-based startup Databutton has raised $5.1 million in seed funding from Skyfall Ventures and Maki.vc. The online platform with an AI-powered assistant empowers people, even those without technical knowledge, to easily create interactive web applications. The funding will be directed towards expediting the development of Databutler, their AI-assisted tool, to transition it from beta to […] Read more ›
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Stockholm-based startup H2 Green Steel has secured a groundbreaking €1.5 billion equity investment in a private placement led by investors including Altor, GIC, Hy24, and Just Climate, marking the largest such investment in a minority stake in another company to date. The startup, founded in 2020, is dedicated to advancing the decarbonization of industries, with […] Read more ›
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Stockholm-based fintech startup Treyd is making waves in the B2B sector with its recent success in securing an additional $12 million in Series A funding. This funding round, led by Swedish investment company Nineyards Equity, who also headed Treyd’s initial Series A round, showcases the confidence investors have in the company’s innovative approach. Joining the […] Read more ›
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Reykjavik-based startup Travelshift has successfully raised $10 million in capital from its existing shareholders. This funding round increases the total amount of funding to $30 million. Travelshift is an online travel agency that uses innovative AI technology to provide personalized and seamless travel experiences, recently launching a platform called “Guide to Europe” to streamline European […] Read more ›
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Tech Wire Asia
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29% 22 |
Business Insider
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27% 3 |
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 13:33
Last update: 13:26 EDT.
News rating updated: 20:22.
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