Tampere-based cleantech startup TheStorage has raised €3.6 million in seed funding to accelerate the commercial rollout of its industrial-scale thermal energy storage technology, with the round led by Voima Ventures and backed by existing investors Superhero Capital and 2C Ventures, alongside new entrant Momentum Partners. The company develops high-temperature “sand-in-motion” storage systems that enable industrial […] Read more ›
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Helsinki-based Algorithmiq has secured a $2 million non-dilutive prize from Wellcome Leap after emerging as the sole winner of its $50 million Q4Bio challenge, effectively positioning the startup at the forefront of quantum-enabled drug discovery. Backed through collaborations with industry heavyweights like IBM and clinical partner Cleveland Clinic—and following earlier commercial traction with Microsoft—the company […] Read more ›
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Copenhagen-based Flare has raised €3.6 million in pre-seed funding to tackle one of AI’s fastest-growing problems: trust. The round was led by 20VC and 20Growth, with participation from byFounders and a syndicate of angels from companies including Stack Overflow, GitHub, Reddit, Inc., Meta, Kahoot!, HubSpot, and Encord. Flare is building a knowledge validation layer for […] Read more ›
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Stockholm-based Redpine has secured €6.8 million in seed funding to tackle one of AI’s most persistent bottlenecks: access to high-quality, non-public data. The round was led by NordicNinja, with participation from node.vc and Luminar Ventures, alongside a slate of strategic angels spanning the AI and Nordic tech ecosystem including Peter Sarlin (co-founder AMD Silo AI), […] Read more ›
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Helsinki-based Realm has raised $4.5 million in seed funding, in a round led by Frontline Ventures,  with participation from HubSpot Ventures, Lifeline Ventures, Slack Co-founder Cal Henderson and Alex Bouaziz. The company develops software that structures internal sales and product data so it can be used by AI systems to generate materials such as RFP […] Read more ›
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Copenhagen- and Stockholm-based Atech has raised $800K in pre-seed funding to rethink how hardware gets built, closing a round led by Nordic Makers and Emblem, with participation from Lovable, the Sequoia Scout Fund, and the Andreessen Horowitz Scout Fund, alongside angel backing from Lovable CEO Anton Osika. The company is developing what it describes as […] Read more ›
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Copenhagen-based fintech Performativ has raised a $14 million Series A round led by Deutsche Börse Group, with backing from Rabo Investments, McKinsey veteran Jacob Dahl, and existing investors including FinTech Collective and Denmark’s EIFO. Founded in 2020, the company is building an AI-native operating system for wealth managers, replacing the patchwork of legacy front-, middle-, […] Read more ›
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Helsinki-based AI infrastructure startup Verda has raised $117 million in a new round combining equity led by Lifeline Ventures with participation from byFounders, Tesi and Varma, alongside debt financing from Nordic financial institutions. The company, which builds vertically integrated AI cloud infrastructure delivering on-demand, high-performance compute, plans to use the funding to accelerate product development […] Read more ›
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SAGA Diagnostics is stepping into the spotlight with Roche’s planned acquisition of the company for up to $595 million, a deal that underscores growing demand for ultra-sensitive cancer monitoring technologies. The startup has built its core around Pathlight, a tumor-informed molecular residual disease (MRD) platform that combines whole genome sequencing and digital PCR to track […] Read more ›
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Public institutions play a crucial role in ecosystem development. There is no ecosystem without them. Their role is not only about funding, visibility, or representation. Their real impact comes from creating practical connection points. That means direct engagement with real clients, real market needs, and face-to-face interaction where trust, understanding, and opportunity can actually develop. […] Read more ›
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Espoo-based Proteins.1 has raised €4.7 million in pre-seed funding to commercialize a single-molecule protein detection platform that aims to do for proteomics what PCR did for genomics. The round was led by Lifeline Ventures and Cloudberry Ventures, with additional support from Business Finland. The Espoo-based startup is developing a physics-based, enzyme-free amplification technology that can […] Read more ›
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Vilnius-based Outcraft AI has raised €2 million in pre-seed funding led by Practica Capital, with early backing from venture builder Lost Astronaut, to advance its push into autonomous revenue execution. The startup is building AI agents that independently handle sales and customer engagement across voice, SMS, email, and messaging platforms, targeting a growing gap between […] Read more ›
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Oslo-based Stendr has raised $5.4 million in an oversubscribed pre-seed round co-led by Rainfall Ventures, ACME, and Skyfall, with backing from Sisyphus, Antler, StartupLab, Off Piste, and Andøya Ventures, alongside angel investors. The startup is building an AI-native, vertically integrated defence stack combining software and cost-efficient hardware, initially focused on drone detection and response systems. […] Read more ›
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Universities need more than recognition. They need routes to market. Universities are essential to strong ecosystems. They generate talent, research, ideas, and long-term capability. But too often, the path from research to market is still too weak. That path needs more than good intentions. It needs interaction with founders, investors, corporates, and ecosystem builders who […] Read more ›
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First, a question to my investor friends: What is more valuable to you at events: pre-event filtering or on-site curation? Investors need better filtering, not more invitations. Investors are not short of startup events. They are short of time, attention, and efficient filtering. That is why I do not think the value of a platform […] Read more ›
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Stockholm-based Stegra has secured an in-principle €1.4 billion financing round led by Wallenberg Investments, which has assembled a consortium including Temasek and IMAS, alongside continued backing from existing investors such as Altor, Hy24, and Just Climate. The company develops a large-scale green steel plant in Boden, aiming to decarbonize one of the world’s most emissions-intensive […] Read more ›
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Copenhagen-based Sapient Perception has raised a €2M pre-seed round co-led by Balnord and FORWARD.one to advance its high-resolution sensor systems for mission-critical drone operations. The startup develops software-defined cameras and an edge AI framework designed to dramatically expand aerial visibility, addressing the trade-off between coverage and resolution that limits current UAV deployments. Its 10K sensors […] Read more ›
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Finnish deeptech startup Kelluu has raised €15 million in a Series A round led by the NATO Innovation Fund, marking the fund’s first investment in a Finnish company, with participation from Keen Venture Partners, Gungnir Capital, and Tesi. The company develops and operates autonomous, hydrogen-powered airships designed to provide persistent intelligence, surveillance, and reconnaissance (ISR) […] Read more ›
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Copenhagen-based MinervaX has appointed Jamila Louahed as Chief Development Officer and Hans Henrik Chrois Christensen as Chief Financial Officer as the company prepares for the next stage of clinical development of its vaccine candidate targeting Group B Streptococcus. Louahed previously held senior roles in vaccine research and development at GSK, with experience across late-stage clinical […] Read more ›
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SolvaPay has raised €2.4 million in a pre-seed round to build what it positions as the first payment infrastructure layer for the emerging agentic economy, where AI agents can independently transact across digital services. The round was led by European fintech VC Redstone and Silicon Valley–based MS&AD Ventures, with participation from Antler and Greens Ventures. […] Read more ›
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20.07.2026 06:19
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