Copenhagen-based Skycore Semiconductors has raised €5M in seed funding to commercialize its Power Integrated Circuit (IC) technology built for next-generation AI data centers moving toward 800V HVDC architectures. The round was led by the Amadeus APEX Technology Fund, with participation from First Momentum, Mätch VC, and Balnord, bringing the company’s total funding to €7.5M. Skycore […] Read more ›
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Amidst the familiar confines of Cable Factory, now a cherished home to the Arctic15 event, the top 15 startups in the traditional pitching competition took the stage to unveil their business models. As the day drew to a close, it was nooon that stood triumphant, having captivated the audience and clinched the victory at the […] Read more ›
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Tallinn-based startup UP Catalyst has secured an additional €2.36 million in a seed extension round, increasing its total seed funding to €6.36 million. The latest round was backed by Warsaw Equity Group and Estonia’s state fund SmartCap, with continued support from existing investors including Extantia, Sunly, Little Green Fund, Scottish Baltic Invest, and UniTartu Ventures. […] Read more ›
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Norwegian Hydrogen Mem-Tech and Arda Energy have announced a strategic partnership focused on improving hydrogen separation efficiency. Hydrogen Mem-Tech will supply its advanced hydrogen separators for integration into Arda Energy’s gas-to-hydrogen projects. This collaboration aims to enhance hydrogen production from biogas and natural gas by increasing efficiency and reducing energy consumption. The partnership leverages Arda […] Read more ›
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Bone Index Finland Ltd, headquartered in Kuopio, has completed a new financing round with Lynx Financial (HK) Limited as the lead investor, alongside participation from European financial investors and existing shareholders. The company, known for its Bindex® system, a portable device for osteoporosis diagnostics, plans to use the funds to expand its distribution and service […] Read more ›
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SportAI, an Oslo-based B2B sports technology company, has secured €1.6 million in seed funding led by Skyfall Ventures, with participation from MP Pensjon, Dekel Valtzer, and Sverre Munck. The company specializes in AI-driven sports technique coaching and analysis, offering real-time, personalized feedback for players across various sports. This latest funding will fuel the expansion of […] Read more ›
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Kaunas-based regtech company iDenfy has entered into a partnership with Proxyrack, a Hong Kong-based provider of proxy solutions, to enhance the accuracy and efficiency of Proxyrack’s user onboarding process. iDenfy’s identity verification technology will be integrated into Proxyrack’s system, streamlining the Know Your Customer (KYC) compliance and ensuring precise user registration. This collaboration aligns with […] Read more ›
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Stockholm-based energy grid innovator Flower has successfully closed a €25 million (290M SEK) Series A funding round. The investment, led by Northzone with additional support from 82an Invest and Zebkei Invest, also brings Northzone’s PJ Pärson onto Flower’s board of directors. Established in 2020 by John Diklev, Flower specializes in integrating battery energy storage systems […] Read more ›
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Helsinki-based startup Solar Foods, known for its innovative protein production technology, has partnered with the Ajinomoto Group to introduce Solein-powered products in Singapore. The collaboration marks a milestone with the launch of Flowering Mooncakes and Ice Cream Sandwiches under Ajinomoto’s new conscious brand, Atlr.72™️. Solein, a protein derived from air and electricity, is being piloted […] Read more ›
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Finnish startups Kuva Space and ICEYE are making strides in space technology with recent satellite launches. Kuva Space successfully deployed its first hyperspectral microsatellite, Hyperfield-1, aboard a SpaceX Falcon 9, marking the start of a planned constellation to provide near real-time global data for climate monitoring and food security. Meanwhile, ICEYE launched four new synthetic […] Read more ›
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Clevenio, a Jyväskylä-based B2B SaaS startup, has raised a pre-seed round to scale its sales intelligence software, which automates list building and account research for B2B sales teams. The round was led by Gorilla Capital, with strong support from Sofokus Ventures. With the new funding, Clevenio aims to extend its sales automation tools beyond the […] Read more ›
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Mintos, a Riga-based platform that combines alternative and traditional investments, successfully raised €3.1 million through a crowdfunding campaign on Crowdcube. This campaign, which became one of the biggest in Europe for 2024, drew over 3,300 investors and reached its initial €1 million target in just 40 minutes. With strong support from investors in Germany, Spain, […] Read more ›
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PLAIO, the Icelandic AI-driven platform revolutionizing pharmaceutical sales and operations planning, has raised €4.3 million in its latest funding round led by Iðunn, a venture capital fund managed by Kvika Asset Management. This follows previous funding of €2.7 million in 2021 and €400,000 from the Icelandic Technical Development Fund in 2023, with continued support from […] Read more ›
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Tampere-based Collo has secured €5 million in a funding round led by SEB Greentech Ventures and FORWARD.one, with Scale Capital participating. Collo specializes in IoT-based analyzers designed to optimize industrial liquid processes. The company plans to use the new funds to enhance its technology and expand its market presence. Collo’s analyzers provide real-time, accurate measurements […] Read more ›
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Malmö-based Minut partners with Google Nest to enhance energy efficiency in short-term rental properties. The new integration allows property managers to control Google Nest thermostats through Minut’s platform, automating heating and cooling based on guest check-in and check-out schedules. This partnership aims to reduce energy consumption and carbon emissions by ensuring that heating and cooling […] Read more ›
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Contribe, a Copenhagen-based startup founded in 2023, has raised €1 million (7,5 million DKK) from venture funds Rockstart, Human Act Development, and the Export and Investment Fund of Denmark (EIFO), along with business angels including Morten Bæhrenz and Maria Krogh. The company provides a platform that enables consumers to support various social and environmental causes […] Read more ›
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Latvian startup BeTriton has successfully raised €80,000 from 150 investors through its equity crowdfunding campaign on Crowdcube. Specializing in electro-mobility solutions, BeTriton develops innovative amphibious bicycle campers that blend boating, cycling, and camping into a single versatile vehicle. The funds will be allocated to expand production for their three models: the BeTriton Full, BeTriton Trailer, […] Read more ›
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Helsingborg-based Gympak, a company providing gym bags, portable exercise equipment, and a training app to enhance hotel guest experiences, has secured significant funding through CEO Jone Sølvik’s early stock option redemption. In July, Sølvik personally invested over 1 million SEK into the company, a move that will help Gympak handle increasing orders and support its […] Read more ›
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Riga-based mechanical engineering company Electrify has secured a substantial €1.5 million in funding from ZGI Capital, a venture capital fund. This investment marks a pivotal moment for Electrify, which was founded in 2019 and stands as Latvia’s sole car manufacturer. The company specializes in producing electric minibuses designed for city and intercity transport, student transportation, […] Read more ›
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Viacurrent, a Tallinn-based app focused on employee financial wellness, has secured investment from Amsterdam-based Rockstart and angel investor Kristjan N., though the exact funding amount remains undisclosed. The app aims to enhance financial stability for frontline workers by allowing them to access earned wages before payday and offering financial education resources. This investment is intended […] Read more ›
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Paywerk, Tallinn-based fintech company specializing in cross-border BNPL (Buy Now, Pay Later) solutions, has been fully acquired by Swedish banking group Swedbank AB, with the terms of the transaction remaining undisclosed. Founded in 2021, Paywerk has developed a platform that enhances the e-commerce experience by connecting European e-shops with multiple financiers, enabling faster, secure, and […] Read more ›
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Most popular sources
Business Insider
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27% 7 |
Tom's Hardware
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16% 11 |
Gizmodo
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11% 6 |
Slashdot
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6% 2 |
Engadget
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5% 3 |
| View sources » | |
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20.12.2025 23:25
Last update: 22:50 EDT.
News rating updated: 06:20.
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