Ecohelix, a Swedish biotechnology company, has been awarded €2.2 million through the EU LIFE Circular Economy and Quality of Life programme to support the market introduction of WOODMER® Seal, a biopolymer intended for use in heat-sealable, recyclable packaging. The funding will be used to expand formulation capabilities at the company’s demonstration facility, enabling the transition […] Read more ›
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Vilnius-based climate finance startup InSoil has secured a landmark €100 million partnership with Key Carbon, a major financier in the voluntary carbon market, to supercharge the adoption of regenerative agriculture across Europe. The deal will see Key Carbon finance InSoil’s core offering: zero-interest “Green Loans” for small and medium-sized farms. In exchange for adopting practices […] Read more ›
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Vilnius-born AI startup Sintra has closed a $17 million seed round to expand its AI-powered assistant platform tailored for small businesses. The round was led by Andre Retterath of Earlybird VC, with participation from Inovo’s Michal Rokosz, Practica Capital’s Arvydas Bloze, and notable angel investors including Mantas Mikuckas (Vinted) and Mati Staniszewski (ElevenLabs). With over […] Read more ›
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Stockholm-based Ivy Interactive has secured €917K in a pre-seed round led by Luminar Ventures to supercharge its AI-powered platform for developers. Founded in 2025 by serial entrepreneurs Niels Bosma and Renco Smeding, Ivy enables software teams to rapidly build internal tools like CRMs and CMSs with production-grade code integrated directly into existing systems. Unlike no-code […] Read more ›
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Helsinki-based fintech startup FinanceKey has raised €3 million in seed funding to revolutionize treasury operations for large enterprises. The round was led by early-stage investor Maki.vc, with continued backing from First Fellow Partners. Founded by ex-Nokia treasury veterans, FinanceKey eliminates manual, spreadsheet-heavy workflows by unifying banking, ERP, and treasury systems into a single, automated platform. […] Read more ›
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Cajo Technologies, a Kempele-based company specializing in sustainable laser-based product marking, has raised a Series B round from Emerald Technology Ventures. The investment will support the company’s international expansion, particularly in Europe, India, and North America, and fund increased production capacity and customer operations. Cajo develops additive-free laser marking systems designed to replace conventional methods […] Read more ›
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Let’s be honest—when founders dream of raising capital, they rarely imagine sitting across from an investor parsing through a dense legal document filled with terms like liquidation preference, anti-dilution, and reverse vesting. The real fantasy usually involves a handshake, a nod of approval, and a number with six zeroes landing in the bank. But in […] Read more ›
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Aibidia, a Helsinki-based fintech specializing in AI-powered transfer pricing software, has raised $28 million in Series B funding to support its expansion into the U.S. market. The round was led by Activant Capital, with participation from existing investors DN Capital, FPV Ventures, and Icebreaker.vc. Founded in 2018, Aibidia offers a platform that helps multinational corporations […] Read more ›
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Copenhagen-based startup TODAY has raised €1 million in pre-seed funding to develop AI solutions for financial advisors. The round was led by Berlin’s Lucid Capital and joined by angel investors from companies including CLARK, Meta, Harvey AI, and Thinksurance. TODAY aims to streamline the advisory process through an AI-powered assistant that automates administrative tasks and […] Read more ›
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Oslo-based Norwegian Mycelium AS (NoMy) has secured a new funding round led by Nippon Beet Sugar Manufacturing Co., Ltd. (Nitten), deepening a partnership established in 2024. The round, for an undisclosed amount, also included follow-on investments from TD Veen, EIT Food, and Farvatn Venture. NoMy develops fermentation-based mycoprotein technology that utilizes byproducts from beet sugar […] Read more ›
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Lendurai, a Tallinn-based startup, has secured €5.57 million in seed funding to advance its autonomous drone technology designed for GPS-denied environments. The funding round was led by Expeditions Fund, with contributions from HCVC and Vsquared Ventures. Lendurai develops on-board AI systems that enable unmanned aerial vehicles to navigate and operate without relying on external signals. […] Read more ›
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Stockholm-based DoldAdress closed a €1.8 million (SEK 20 million) seed round, a significant step for the early-stage startup focused on online anonymity and digital privacy. The round, unusually large for an angel-led investment, was backed by high-profile investors including Magnus Emilson, John Daniels (former head of security at the Swedish Armed Forces), and Anders Holm […] Read more ›
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Nordic Foodtech VC has announced the €40 million first close of its second fund, which is targeting a total of €80 million. The fund focuses on early-stage investments in startups developing technologies for the food and agriculture sectors, particularly those addressing challenges around resource efficiency, sustainability, and system resilience. Continuing its model of working closely […] Read more ›
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Unikum, Sweden’s largest school portal, has acquired edtech company StudyBee in a move aimed at consolidating digital learning tools for Swedish schools. StudyBee, known for its modular assessment and insights products integrated with Google Classroom, will continue to operate under its own name and team. The acquisition enables closer integration of StudyBee’s user-focused design and […] Read more ›
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Gothenburg-based climatetech company Plagazi has signed a €29.5 million grant agreement with the EU Innovation Fund to support its Gävle Circular Park project, which aims to produce hydrogen and capture CO₂ from non-recyclable waste using plasma gasification technology. The project was one of 85 selected from 337 applications in the Fund’s 2024 call. The grant, […] Read more ›
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Vilnius-based venture capital firm Iron Wolf Capital has announced the launch of its second early-stage fund, targeting €100 million to support deep tech and AI startups across the Baltics. With over €30 million already raised, the fund is set to become one of the largest of its kind in the region. According to Sifted, Iron […] Read more ›
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AIATELLA, a Helsinki-based medtech startup, has raised €2 million in funding to develop and scale its AI-driven cardiovascular imaging tools. The round was led by Nordic Science Investments, with participation from Specialist VC, Harjavalta Ventures, Business Finland, and several angel investors. The company’s core technology automates the measurement of vascular imaging using data from MRI, […] Read more ›
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The global law firm DLA Piper has announced the release of its inaugural Nordic Venture Capital Report. As the only major law firm with a presence in each of the Nordic countries – Denmark, Finland, Norway, and Sweden – we are uniquely positioned to provide an in-depth perspective on market trends and deal terms in […] Read more ›
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Legora, a startup developing collaborative AI tools for legal professionals, has raised $80 million in a Series B funding round led by ICONIQ and General Catalyst with participation from existing investors Redpoint, Benchmark, and Y Combinator. The funding brings the company’s valuation to $675 million. Founded less than two years ago, Legora’s platform is used […] Read more ›
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Riga-based Aerones has secured $62 million in a financing round led by Activate Capital and S2G Investments, with participation from Carbon Equity and Overlap Holdings, and existing investors Lightrock, Blume Equity, Metaplanet, Change Ventures, and Extantia. This latest funding follows Aerones’ securing of a €4 million grant from the EU Innovation Fund in 2024 and […] Read more ›
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29.07.2025 14:50
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