Julie Chatterjee has been appointed as the new CEO of Northmill Bank, succeeding in a role where she aims to leverage her extensive background in banking and finance. A civil engineer by education from KTH, Chatterjee has previously held significant leadership positions, including her tenure as CEO of OKQ8 Bank. Northmill currently serves over half […] Read more ›
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Syklo, a Finnish company focused on the circular economy, has acquired Elastopoli, a firm specializing in cellulose-based biocomposites. Elastopoli’s technology uses recycled materials like pulp and plastic to create biocomposites, which can serve as alternatives to traditional plastics and glass fiber. With this acquisition, Syklo plans to increase production at Elastopoli’s pilot facility and construct […] Read more ›
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Parsly, a Stockholm-based AI-driven platform that helps restaurants optimize their purchasing and improve profitability, has been acquired by U.S. procurement leader Buyers Edge Platform. Parsly rapidly grew by offering small and mid-sized restaurants a powerful tool to streamline procurement and reduce costs, analyzing over $140M in purchases to date. With this acquisition, Parsly will accelerate […] Read more ›
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Synergi, a Helsinki-based tech company specializing in smart energy solutions, has raised €2 million in seed funding. The round was led by Greencode Ventures, a pan-European Article 9 VC firm focused on green transition solutions, with additional support from Vaens, a Finnish family office, and participation from existing investors including Lifeline Ventures, APX, and Wave […] Read more ›
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Cocoon Airbag Protection AB, a Lund-based startup, has been awarded grants from both the Women TechEU program under Horizon Europe and Vinnova. Cocoon Airbag Protection AB develops an innovative airbag system that integrates into child bicycle seats to provide full-body protection for children in the event of an accident. This funding aims to support the […] Read more ›
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Mobal, a Helsinki-based provider of digital marketing and review management tools, has partnered with Suomen Yrittäjät, Finland’s largest organization for entrepreneurs. The collaboration aims to offer small and medium-sized businesses access to Mobal’s marketing solutions at discounted rates. These tools, including review management platforms and AI-driven analytics, will help entrepreneurs improve their online presence and […] Read more ›
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Malmö-based startup OmMej, which provides a platform for assessing children’s mental health for public agencies, has secured €350K in a seed funding round. The investment was led by Gorilla Capital, with contributions from existing investors, including Chairman Fabian Hagman. Founded in 2018, OmMej empowers children to share their stories and helps adults better understand their […] Read more ›
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Tallinn-based RAIKU has partnered with LVMH – Moët Hennessy Louis Vuitton, the world’s largest luxury goods conglomerate, to integrate its 100% natural packaging material into the luxury sector. This collaboration follows RAIKU’s selection for the LVMH Accelerator, where it was one of 30 startups chosen from over 1,500 applicants. The partnership aims to address the […] Read more ›
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Copenhagen-based startup Wolfpack recently raised €1 million in seed funding from a group of business angels. The company, which simplifies expense management by integrating invoices, company cards, and reimbursements into a single platform, plans to use the funding to improve its software and introduce new features. These updates will include more streamlined workflows, integrated payment […] Read more ›
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Helsingborg-based Gympak has entered a strategic partnership with Portugal’s Nonius to bring their wellness and fitness content directly to hotel guests in the Nordics. This collaboration enables Gympak to expand its presence in the hospitality sector by integrating workout and relaxation videos into hotel TV systems, providing a seamless way for guests to engage with […] Read more ›
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Avassa, a Stockholm-based provider of edge application management and operations platforms, has secured new funding with H&M Group joining as a strategic investor. Existing investors Fairpoint Capital and Industrifonden also participated in this round. Avassa’s platform helps enterprises manage edge applications and infrastructure, particularly useful for industries such as retail, automotive, and industrial sectors. The […] Read more ›
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Vilnius-based startup Sort A Brick has secured €1,15M in funding to scale its AI-powered LEGO brick sorting service. The investment was led by the Baltic-focused VC fund Firstpick, supported by nine business angels, and included a €200,000 founder investment. Sort A Brick offers a circular solution by cleaning, sorting, and repackaging customers’ LEGO bricks, giving […] Read more ›
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Podimo, the Copenhagen-based podcast and audiobook subscription service, has acquired Podads, a leading Danish podcast agency, in a strategic move to enhance its hybrid monetization model, blending subscription-based and ad-supported content. Podads, known for connecting podcasters with advertisers and producing award-winning content, will continue to operate under the leadership of CEO and Co-Founder Anne-Kathrine Pommergaard. […] Read more ›
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Vilnius-based RegTech company AMLYZE has secured €2.35 million in seed funding to accelerate its next growth phase. AMLYZE provides advanced RegTech solutions for banks, FinTechs, and Virtual Asset Service Providers (VASPs), specializing in anti-financial crime technology, including transaction monitoring, customer risk assessment, and compliance screening. The company plans to use the funds to develop a […] Read more ›
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Cerebriu has secured €17.4 million in Series A funding led by North Ventures, with ongoing support from EIFO and Sagitta Ventures. The investment will help Cerebriu scale its AI-powered MRI solution, Apollo, which improves MRI workflows by optimizing scan times and easing the burden on radiology departments. With this funding, the company plans to expand […] Read more ›
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Copenhagen-based Logpoint has acquired Muninn, a Danish cybersecurity firm specializing in AI-driven Network Detection and Response (NDR), to enhance its SIEM-based Cyber Defense Platform. Logpoint, Europe’s largest Security Information and Event Management (SIEM) vendor, aims to improve security visibility and threat response for organizations and Managed Security Service Providers (MSSPs). This acquisition strengthens Logpoint’s platform […] Read more ›
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Lund-based BrainLit has raised approximately €5 million in a funding round led by an undisclosed U.S. fund, along with support from existing investors. The funding will accelerate the company’s efforts to expand its “BioCentric Lighting” system, which mimics natural daylight to enhance health and well-being. BrainLit, already seeing success with professional sports teams, plans to […] Read more ›
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November First, a Copenhagen-based fintech company specializing in payment solutions for SMEs, has been acquired by Visma after several years of collaboration. Founded in 2016, November First’s API has been instrumental in integrating the Smart Pay feature into Visma’s e-conomic software, allowing businesses to automate supplier payments directly from their accounting systems. This acquisition is […] Read more ›
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DeafTawk, a Denmark-based startup, secured €10,000 in funding after winning the Global MediaTech Pitch Day, alongside Vochlea Music. DeafTawk specializes in real-time sign language interpretation, aiming to bridge communication gaps for the deaf community by integrating their services with platforms like YouTube and Netflix. The company plans to use the funding to expand its reach […] Read more ›
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Finland’s defence industry is seeing significant growth, driven by a mix of established companies and rapidly expanding startups, particularly those developing dual-use technologies for both civilian and military applications. According to a recent Tesi survey, 144 of the 368 companies in the sector are growth-oriented, with dual-use solutions gaining more traction from venture capital investors […] Read more ›
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07.03.2026 22:41
Last update: 22:35 EDT.
News rating updated: 05:31.
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