Stockholm-based EdTech startup Magma Math has raised $10 million in a funding round from existing investor Five Elms Capital. The company provides an AI-driven platform for K-12 classrooms, designed to support teachers in implementing math instruction and assessing student understanding. The new funding will be used to further develop the platform’s AI capabilities, expand the […] Read more ›
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Vilnius-based nexos.ai has raised €30 million in Series A funding to address security and governance challenges in enterprise AI adoption. The round was co-led by Evantic Capital, founded by former Sequoia partner Matt Miller, and Index Ventures, with participation from Creandum, Dig Ventures, and several angel investors. Founded by the creators of Nord Security, nexos.ai […] Read more ›
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Copenhagen-based Scaleup Finance has raised £3 million from a syndicate of European investors including Mainset, Circlerock, North Ventures, Crowberry, Inveready, and SeedX, along with angel investor Dan Cobley, former Managing Director of Google UK. The company, which has provided CFO-as-a-Service to over 500 startups across Europe, is launching Nume, an AI tool that performs key […] Read more ›
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Copenhagen-based food tech startup MATR Foods has raised €40 million in a mix of equity and venture debt to scale up production and bring its organic, fungi-fermented meat alternatives to new markets. The round—Denmark’s largest food tech fundraise to date—was co-led by Novo Holdings and the Export and Investment Fund of Denmark (EIFO), with additional […] Read more ›
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Helsinki-based venture capital firm Lifeline Ventures has announced Fund VI, a €400 million vehicle aimed at supporting early-stage European startups. The firm, an early backer of companies such as Supercell, Wolt, Oura, ICEYE, and Aiven, will use the fund to continue investing from the seed stage through to later growth rounds. The launch of Fund […] Read more ›
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Creditstar Group has secured an additional $10 million facility from Singapore-based Kilde, bringing the total to $20 million. The extension builds on an agreement first signed in 2024 and will be used to support Creditstar’s lending portfolio across its eight European markets. The company reported a €7.3 million net profit in 2024 and a 30.6% […] Read more ›
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Starship Technologies, the autonomous delivery startup, has raised $50 million in a Series C round led by Plural, with participation from Karma.vc, Latitude, Coefficient Capital, SmartCap, and Skaala. The company, which has completed over 9 million deliveries across U.S. university campuses and European cities, plans to use the funding to expand its robot fleet from […] Read more ›
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Copenhagen-based startup Jabbr has raised $5 million in seed funding to bring artificial intelligence to combat sports, a sector long reliant on subjective judging and outdated broadcast technology. The round was led by Buckley Ventures, known for early investments in Figma and Rippling, and included participation from Seven Seven Six (founded by Reddit co-founder Alexis […] Read more ›
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Swedish agtech startup Arevo has raised €7.3 million in new funding to accelerate the scale-up of its bio-based fertiliser production and drive international expansion, Impact Loop reports. The latest funding round was completed with participation from existing investors, including Industrifonden, Fort Knox, Navigare Ventures, and forest industry group Stora Enso, all of which have backed […] Read more ›
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Stockholm-based deeptech startup Encube has launched publicly with a $23 million funding round led by Kinnevik, Promus Ventures, and Inventure. The company develops an AI-based platform designed to help hardware teams identify and avoid costly design complexities early in the product development process. The software is already in use by industrial players including Volvo Group, […] Read more ›
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Enable Banking, an Espoo-based infrastructure provider, has partnered with Italy’s A-Tono Group to enhance connectivity between banks, businesses, and consumers. The collaboration will see A-Tono’s digital payments platform DropPay—which manages over two million transactions each month—integrate Enable Banking’s PSD2-compliant infrastructure, allowing users to access Account Information Services (AIS) and Payment Initiation Services (PIS) directly within […] Read more ›
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DoorDash, the U.S.-based food delivery titan, has acquired UK rival Deliveroo in a £2.9 billion all-stock deal, marking a major step in its European expansion. The acquisition, finalized this week, follows DoorDash’s 2022 purchase of Finnish delivery startup Wolt and positions the company as a global leader, serving over 40 countries. Taking the reins as […] Read more ›
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Lithuania’s development bank ILTE and Latvia’s ALTUM have established the Baltic Capital Markets Acceleration Fund, managed by 1 Asset Management, with a total size exceeding €50 million. The fund is intended to provide long-term financing for Baltic companies preparing for stock market listings and to support the broader development of local capital markets. It will […] Read more ›
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SiC Systems, a spinout from the Technical University of Denmark (DTU), has raised funding led by QDNL Participations, with participation from Propagator Ventures, Plug and Play, and Wavepeak Ventures. Founded by Christopher J. Savoie and Professor Seyed Soheil Monsouri, the company develops a multiagent AI platform that combines process modeling, generative AI, and quantum-enhanced computation […] Read more ›
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Swedish startup Epiminds has raised $6.6 million in a seed round led by Lightspeed Venture Partners, with participation from EWOR, Entourage, and several angel investors, including the former CMO of Booking.com. The company builds multi-agent AI systems designed to manage marketing processes from reporting to campaign execution. Its core product, Lucy, coordinates a network of […] Read more ›
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Copenhagen-based Dreamdata has closed a $55 million Series B funding round led by PeakSpan Capital, with participation from InReach Ventures, Angel Invest, Curiosity VC, and Crowberry Capital. The company provides a B2B marketing platform that consolidates customer journey data to help marketing teams analyze performance and coordinate campaigns. The new funding will be used to […] Read more ›
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ŌURA, the company behind the Oura Ring wearable, has raised more than $900 million in funding led by Fidelity Management & Research Company, with participation from ICONIQ, Whale Rock, and Atreides Management. The round values the company at roughly $11 billion. Founded in Finland and now headquartered in San Francisco, ŌURA develops data-driven wearable devices […] Read more ›
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Liquid Wind, a Gothenburg-based eFuel developer, has been awarded €3.6 million from Industriklivet, the Swedish Energy Agency’s program for industrial decarbonization, to support the pre-engineering phase of its planned eMethanol plant in Örnsköldsvik. The facility will be integrated with Övik Energi’s biofuel-powered combined heat and power (CHP) plant, using renewable electricity to produce hydrogen and […] Read more ›
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Helios Innovations AB, a Swedish cleantech company, has raised €1.28 million (SEK 14.2 million) from venture investor BackingMinds to expand its industrial wastewater and PFAS treatment operations. The company, founded by Jonatan Persson and Johanna Gillberg, has reported a 170% revenue increase over the past year and currently treats highly contaminated wastewater for Nordic pharmaceutical […] Read more ›
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Stockholm-based quantum technology company FirstQFM AB has raised €1.2 million in pre-seed funding led by BSV Ventures, with participation from Almi Invest, Further Than Capital, and Luminar Ventures. The company develops AI foundation models that aim to improve the reliability and scalability of quantum computers. The new capital will be used to continue work on […] Read more ›
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05.12.2025 06:26
Last update: 06:20 EDT.
News rating updated: 13:22.
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