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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/13/2023 04:16 EDT

Estonian legal tech raises €1.2M to transform contract management with innovative AI-ready upgrade

Estonian legal tech startup Avokaado has secured €1.2 million in funding, with Tera Ventures as the lead investor. Avokaado’s approach revolves around a document format called aDoc, enabling contracts to transform into intelligent entities capable of automating processes, adapting to changing conditions, and integrating seamlessly with other systems, thus enhancing efficiency and accuracy for its […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/12/2023 12:13 EDT

Finland’s Voima Ventures launches €1M science challenge for startups in Nordic and Baltic regions

Voima Ventures, a Helsinki and Stockholm-based early-stage investor specializing in science-based startups, has announced the launch of its exciting new science challenge, Velocity. Targeted at pre-seed and seed-stage science-based startups in the Nordic and Baltic regions, this initiative aims to accelerate innovation and support groundbreaking projects in the fields of green transformation, life sciences, health […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 09/12/2023 11:44 EDT

Estonian startup grabs $19M Series A to enhance cybersecurity solutions and accelerate Growth

Tallinn-based fintech startup Binalyze has secured $19 million in Series A funding, with Molten Ventures leading the round and participation from existing investors, Earlybird Digital East and OpenOcean, along with strategic newcomers like Cisco Investments, Citi Ventures, and Deutsche Bank Corporate Venture Capital. Binalyze is a cybersecurity company specializing in developing advanced Digital Forensics and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/12/2023 10:33 EDT

Treon raises €5.5M Series A

Tampere-based IoT startup Treon has successfully closed a €5.5 million Series A funding round led by Ventech, building on their initial seed investment in 2019. The startup is known for its scalable IoT solutions tailored to industrial, digital buildings, and logistics clients. With plans to expand into the US, Denmark, and France, the funding will […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/12/2023 08:29 EDT

Findable partners with Canon

Oslo-based startup Findable has joined forces with the global document management leader Canon, marking a strategic collaboration set to revolutionize how commercial properties handle their documentation through the power of artificial intelligence (AI). This dynamic partnership brings together Canon’s well-established expertise in document management and Findable’s innovative AI and data management capabilities, promising substantial advantages […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/12/2023 07:53 EDT

Finnish VC announces €200M Fund II to help founders tackle global challenges

Helsinki-based venture capital firm NordicNinja has announced its Fund II, with €200 million dedicated to investing in climate and deep technologies aimed at fostering a more equitable and sustainable future. NordicNinja focuses on startups operating at the intersection of climate tech, deep tech, and digital society, leveraging the expertise of its team with engineering backgrounds […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/12/2023 06:59 EDT

Grönska receives financing from Nefco

Grönska, a Swedish startup specializing in indoor vertical farming cabinets, is receiving financing from Nefco (Nordic Green Bank) to expand its vertical farming solution called GrowOff. GrowOff units are closed-loop systems for growing leafy greens locally, and they can be placed in various locations, reducing transport-related greenhouse gas emissions, water usage, nutrient leakages, and the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/12/2023 05:58 EDT

Finnish furniture re-commerce shop raises €2.5M to ensure minimal waste for brands and the best prices for consumers

Helsinki-based startup Mjuk has secured €2.5 million in funding to address the challenges of furniture waste and overstock in the industry. This funding comes from a group of investors, including Trind VC, Alliance VC, Superhero Capital, Lifeline Ventures, and angel investors, with €500K in equity loan support from Finnvera. The startup’s platform streamlines the buying […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/07/2023 08:01 EDT

Estonian EV startup sparks €2.92M investment surge, illuminating the path to grid revolution

Tallinn-based EV charging startup VOOL has secured nearly €3 million in a funding round led by Specialist VC to grow its electric vehicle charging infrastructure and develop technology for optimizing household electricity use. The startup’s technology efficiently manages the electricity grid, ensuring reliable and cost-effective charging for both businesses and residential users. The investment will […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/07/2023 05:38 EDT

Strise raises $10.8M Series A

Trondheim-based fintech startup Strise has successfully secured $10.8 million in a Series A funding round, with leading VC firm Atomico taking the helm in the investment backed by participation from existing investors such as Curiosity VC. Additionally, a notable group of angel investors joined the funding round, including prominent industry figures such as Camilla Giesecke […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/24/2023 08:56 EDT

Swedish startup gets acquired by NaaS Technology Inc. to accelerate electric vehicle charging solutions

Stockholm-based electric vehicle smart charging solutions startup Charge Amps has been acquired by NaaS Technology Inc. to accelerate the startup’s growth and expansion plans across Europe while maintaining its brand identity. The startup specializes in creating innovative and user-friendly smart charging solutions for electric vehicles, contributing to the advancement of efficient and accessible EV charging. […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 3 place · 08/24/2023 07:54 EDT

Siena Secondary Fund ventures into Finnish market by acquiring a stake in ĹŚura Ring

Tallinn-based Siena Secondary Fund has obtained a stake in Ōura Ring, a health tech scaleup renowned for its smart ring technology with over one million rings shipped worldwide. The obtained secondary stake originates from a pre-existing investor, with the specific amount of the transaction being currently undisclosed, but reliable sources say it is in seven […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 08/24/2023 07:54 EDT

Siena Secondary Fund buys a stake in ĹŚura Ring

Tallinn-based Siena Secondary Fund has obtained a stake in Ōura Ring, a health tech scaleup renowned for its smart ring technology with over one million rings shipped worldwide. The obtained secondary stake originates from a pre-existing investor, with the specific amount of the transaction being currently undisclosed, but reliable sources say it is in seven […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/24/2023 07:52 EDT

Swedish greentech startup raises €2M to fuel global expansion in heat pump deployment

DREM, a startup based in Stockholm, has secured a capital infusion of €2 million led by Peak, with participation from notable angels including Edgeir Aksnes (CEO & Co-founder of Tibber) and Peter Lindholm (CEO & Co-founder of Frontier Car Group). The startup specializes in simplifying the process of installing heat pumps for residential properties. The […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/24/2023 06:17 EDT

Finland’s Eficode strengthens Atlassian presence with Avoset acquisition, expanding DevOps and cloud expertise

Helsinki-based startup Avoset has found itself under the wings of another Finnish player, Eficode. Avoset has carved its niche in the realm of Atlassian tools and services, while Eficode boasts a repertoire of DevOps consultancy, training, and managed services, designed to expedite software development for organizations by harnessing cutting-edge methods and tools. This acquisition serves […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/22/2023 07:44 EDT

Griffeye is acquired by Magnet Forensics

Gothenburg-based startup Griffeye has been acquired by Magnet Forensics, a developer of digital investigation solutions with a global reach. The startup specializes in digital media forensics for child sexual abuse investigations through its Griffeye Analyze platform, while Magnet Forensics develops digital investigation solutions used globally to acquire, analyze, and manage evidence from diverse digital sources, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 08/22/2023 06:36 EDT

Danish climatetech startup secures $1.5M funding and partners with JTB to enhance sustainable travel management platform

Copenhagen-based startup Goodwings has recently secured a significant boost in funding, raising $1.5 million in its latest late seed funding round. The investment was led by Global Cleantech Capital and JTB USA, with the participation of existing investors. Goodwings specializes in providing an innovative travel management system that addresses the pressing issue of carbon emissions […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 08/22/2023 04:22 EDT

Finnish startup teams up with Luke to provide digital life cycle assessments for sustainable food production

Helsinki-based startup Biocode has partnered with the Natural Resources Institute Finland (Luke) to introduce digital life cycle assessments (LCA) for participants in the food chain. This collaboration aims to offer both standardized and customized LCA solutions, facilitating the production of eco-friendly food products for both domestic and international food industry firms. Biocode’s expertise in emission […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/21/2023 05:02 EDT

Swedish boating app expands Nordic presence with strategic investment to enhance services and safety

Skippo, a boating app based in Stockholm, has been strategically expanding its presence in the Nordic boating market. After acquiring the app “På Sjön” and the digital boating magazine Hamnen.se, Skippo has now invested in Sjöassistans, Sweden’s largest leisure boat assistance company. Sjöassistans, with its extensive experience and network in boat assistance services, offers Skippo […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/21/2023 04:13 EDT

Swedish deeptech startup raises €1M to build the next generation of wireless components and packaging

Stockholm-based deeptech startup TeraSi has successfully raised €1 million (13MSEK) in pre-seed funding from investors including Navigare Ventures, Almi Invest, Onsight Ventures, and Deeptech Labs, as well as existing backers. TeraSi specializes in developing unique components and packaging solutions for high-frequency wireless applications, focusing on their proprietary system-in-package technology to address packaging challenges and enable […] Read more ›

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