Espoo-based Prenew has secured €1.8 million in fresh funding to expand its refurbished gaming PC marketplace internationally and ramp up hiring in Finland. The round was led by Antler, with participation from Outlast VC, Silence VC, Nuard Ventures, and a syndicate of operators from Swappie, Wolt, Framery, and Just Eat. Prenew plans to use the […] Read more ›
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Vilnius-based startup Ovoko, specializing in the e-commerce of used car parts, has secured €20 million in Series B funding, marking the largest investment in a Lithuanian startup this year. The round was led by U.S. venture capital firm Smash Capital, their first investment in Lithuania. Ovoko offers a digitized platform and logistics solutions, facilitating fast […] Read more ›
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Helsinki-based Distance Technologies has raised €10M in an oversubscribed seed round, led by GV (Google Ventures) and joined by FOV Ventures and Maki.vc. The Helsinki-based company focuses on developing glasses-free mixed reality technology, which turns transparent surfaces, such as windshields, into interactive displays using a 3D light field system. This solution, aimed at automotive, aerospace, […] Read more ›
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Aarhus-based SolarLab has secured a €1.6 million loan from Nefco, the Nordic Green Bank, aimed at enhancing its production of customized solar facades for both new and existing buildings. The funding will support the relocation of its manufacturing operations to Denmark, the installation of a new solar panel lamination line, and the establishment of a […] Read more ›
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Copenhagen-based Scandinavian Biolabs (SBL) has successfully closed a €4 million funding round led by Auréa Group, with significant contributions from Blazar Capital and strategic support from SevenVentures, part of ProSiebenSat.1 Group. Founded in 2020, the company specializes in non-invasive solutions for early-stage hair loss, with its flagship product, the Bio-Pilixin® Activation Serum, showing promising results […] Read more ›
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Findable, a Norwegian startup transforming building documentation, has raised €9 million in a Series A funding round led by Point Nine, with participation from KOMPAS, Construct Venture, Malling & Co Venture, and LakeEight. Findable’s AI-driven platform organizes scattered building information, enabling faster compliance with safety regulations and improved sustainability. This funding will fuel product development, […] Read more ›
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Tallinn-based fintech Mifundo has raised €10 million to develop a cross-border data platform for portable credit profiles across the European Union. The funding includes €1.2 million from a pre-seed round led by Tera Ventures, with participation from Opus11 VC and angel investors such as Mihkel Karu (ex-Skype) and Sergei Anikin (ex-Pipedrive). Additionally, Mifundo secured a […] Read more ›
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Trondheim-based Ei Solutions has raised €1.2 million in funding to enhance its offerings aimed at helping commercial real estate owners navigate EU-taxonomy due diligence. This funding, which combines two investment rounds, customer revenue, and support from Innovation Norway, features contributions from investors including Bane Nor Eiendom, PWS Eiendom, venture groups like Styx and Spike Venture, […] Read more ›
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Stockholm-based Stegra, previously H2 Green Steel, has been granted approximately €100 million from the Swedish Energy Agency’s Industrial Leap fund to support the development of a near zero-emission steel production facility in Boden. The funding is part of a broader €265 million measure, approved by the European Commission, aimed at advancing green steel production in […] Read more ›
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Tallinn-based venture capital firm Superangel has added SEB Pension Funds as a key investor, increasing its second fund’s size to nearly €40 million. The additional capital will support investments in tech companies across Estonia, the Baltics, and the Nordics. Superangel focuses on early-stage technologies in sectors such as artificial intelligence, energy, and robotics. Its portfolio […] Read more ›
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Finnish investment company Innovestor has made significant strides in Finnish healthcare innovation by investing in three promising university spinouts Polku Therapeutics, Kasvu Therapeutics, and Soihtu DTx through its Life Science Fund. These early-stage companies, all focused on neurological disorders such as Parkinson’s, Alzheimer’s, and depression, have collectively raised €10 million, attracting international interest. Innovestor’s €90 […] Read more ›
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ÄIO, a biotech startup founded in 2022, has secured €6.1 million in funding from Voima Ventures, 2C Ventures, SmartCap, and Nordic Foodtech VC. The investment will be used to build a demo plant in Estonia to produce sustainable oils and fats from wood and agricultural residues. The company’s unique process uses yeast fermentation to transform […] Read more ›
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The 0-Mission, a Copenhagen-based renewable energy startup, has secured over €130,000 in pre-seed funding from a group of business angels, including those from Angella Invest. Founded in 2022 by Anna Riis Hedegaard, the company offers a subscription-based solar park model aimed at enabling small and medium-sized enterprises (SMEs) to balance their energy consumption with green […] Read more ›
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Stockholm-based energy tech company Flower has acquired the “Pajkölen” energy storage project from Arise, adding a Ready-to-Build 40MW / 80MWh battery site to its portfolio. This acquisition will increase Flower’s total battery storage capacity to 270 MW by 2025, supporting the growing demand for renewable energy solutions in Sweden. The Pajkölen project is positioned to […] Read more ›
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Oulu-based Dobbelgänger has raised nearly €1 million through a funding round led by a syndicate of 16 angel investors from the FiBAN network, following their win at the Pitch Finland DefSec competition in June. The funding totals €240,000 and is aimed at ensuring operational continuity while providing resources for scaling, marketing, and sales efforts in […] Read more ›
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Copenhagen-based EasyTranslate has announced its acquisition of the Danish translation agency World Translation, a strategic move aimed at enhancing its translation technology and service offerings. EasyTranslate, known for its AI-driven translation technology, aims to combine the strengths of automation with the cultural and contextual knowledge of human linguists. World Translation brings a strong reputation in […] Read more ›
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SAVR, a Stockholm-based fintech focused on making long-term savings more affordable, has raised new funding from Incore Invest and other investors. This investment will be used to further develop SAVR’s platform, which offers access to equities, ETFs, and mutual funds at reduced fees. With over 100,000 users, SAVR is known for its approach to cutting […] Read more ›
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Danish healthtech startup BrainCapture has secured investment from Verge HealthTech Fund to further its mission of revolutionizing neurological diagnostics through affordable and portable EEG devices. BrainCapture’s innovative solution combines AI, smartphone technology, and automation to make electroencephalography (EEG) diagnostics accessible in underserved regions. With trials in Africa and Asia showing promising results, the new funding […] Read more ›
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Espoo, Finland (September 18-19, 2024) In collaboration with Aalto University and City of Espoo, ArcticStartup Events launched Nordic Deep Tech Business Summit (NORDEEP) to connect the research teams and deep tech startups to funding, talent, expertise and clients. The third NORDEEP Summit will bring together over 700+ scientists, entrepreneurs, investors and corporate representatives on September […] Read more ›
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Helsinki-based One Click LCA has acquired ENVI-met, a company specializing in microclimate simulation software for urban environments. ENVI-met’s technology allows urban planners and architects to model how buildings, vegetation, and materials interact with natural elements like wind and sunlight, helping to address challenges like urban heat islands. This acquisition strengthens One Click LCA’s ability to […] Read more ›
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Paernu-based cybersecurity startup Patchstack has raised $5M in a Series A funding round led by Karma Ventures, with additional investment from G+D Ventures and Emilia Capital. Patchstack focuses on open-source security, providing tools for developers to quickly identify and mitigate vulnerabilities without altering application code. The funding will be used to further product development, expand […] Read more ›
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08.03.2026 03:15
Last update: 01:25 EDT.
News rating updated: 09:14.
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