Starship Technologies and Uber Eats are entering a long-term collaboration to introduce autonomous sidewalk delivery robots across several markets, starting in Leeds, UK, in December 2025. The partnership brings together Starship’s existing fleet of AI-driven delivery robots—already used in millions of real-world orders—and Uber Eats’ large distribution network. In practice, this means Uber Eats customers […] Read more ›
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Finland’s startup community is closing out 2025 with something rare in today’s uncertain economic climate: momentum, optimism, and a record-breaking wave of investment that has lifted the entire ecosystem. According to new figures from the Finnish Venture Capital Association (FVCA), Finnish startups raised €400 million during the first half of the year. By autumn, a […] Read more ›
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The Baltic startup ecosystem is entering a new chapter — one defined not by hype cycles or explosive swings, but by steady growth, experienced founders, stronger teams, and healthier focus, according to the newly released Baltic Startup Survey 2025 by BalticVC in partnership with YellowRocks!. Despite a turbulent global macro environment, most Baltic founders say […] Read more ›
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Reykjavik-based Stratis has closed its seed round to accelerate the rollout of its strategic data analysis platform, designed to give governments and enterprises real-time situational awareness across fast-moving environments. Founded by Ingvar Helgason, Smári McCarthy, and former Unity CEO DavĂĂ° Helgason, the Estonia- and Iceland-based company unifies massive geospatial and temporal datasets into a single […] Read more ›
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Copenhagen-based fintech company Flatpay has become the country’s fastest unicorn after securing $170 million in fresh funding at a $1.7 billion valuation. The round was led by AVP and Smash Capital, with continued support from Hedosophia, Seed Capital, and Dawn Capital. Founded in 2022, Flatpay provides flat-rate, no-hidden-fee payment and POS solutions for SMB merchants […] Read more ›
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Stockholm-based Spiich Labs has raised a €600k pre-seed round led by Ampli Ventures, joined by founders and operators from Lovable, Neo4j, Tandem Health, Creandum, and OpenAI’s startup leadership  alongside Index Ventures Scout Fund and Wave Ventures. The KTH-born startup is rebuilding sales software for the AI era, tackling a €300bn productivity drain caused by sales […] Read more ›
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Reykjavik-based metals analytics company DTE has appointed Dr. Sohail Nazari as Chief Commercial Officer as it prepares for a broader international scale-up of its LP-LIBS™ technology, which provides real-time, in-furnace compositional analysis of molten aluminum. The appointment comes as global aluminum producers face increasing pressure to use more recycled material and improve process efficiency. Nazari, […] Read more ›
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Stockholm-based Syre has entered a multi-year partnership with Nike to accelerate the shift toward circular textiles, positioning itself as the sportswear giant’s lead strategic supplier for textile-to-textile recycled polyester. The collaboration aims to integrate Syre’s circular polyester into Nike’s performance lines, with the first products expected within the next few years. For Nike, the deal […] Read more ›
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Riga-based biometric payments scaleup Handwave has entered a strategic agreement with Visa to integrate its privacy-focused palm recognition technology into Visa’s Token Management Service (TMS) via the Visa Acceptance Platform. Handwave’s technology allows users to link their Visa cards directly to their palm biometrics — enabling frictionless, wallet-free checkouts protected by Visa’s tokenization and fraud-prevention […] Read more ›
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Unconventional Ventures, the Nordic impact-focused VC firm known for backing underrepresented founders, has announced the first close of its €80 million Fund II. The milestone underscores growing institutional support for inclusive investment strategies, with backing from the European Investment Fund (EIF), EIFO, Chr. Augustinus Fabrikker, Nordea-fonden, TryghedsGruppen, and several family offices. Founded in 2018, Unconventional […] Read more ›
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Helsinki-based Cronvall has secured €3.9 million in funding to expand its digital procurement platform for the industrial and construction sectors across Europe. The round was led by Greencode Ventures, joined by Stephen Industries, Innovestor, and several industrial family offices. Cronvall’s platform centralizes purchasing by linking companies to more than 150 verified suppliers, providing real-time visibility […] Read more ›
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Helsinki-based Vendep Capital has secured €80 million for its fourth fund, aimed at backing early-stage B2B SaaS startups across the Nordics and Baltics. The fund, which reached its target ahead of schedule and remains open for commitments until April 2026, continues Vendep’s decade-long focus on helping regional software founders scale globally. Its backers include a […] Read more ›
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Helsinki-based CHAOS has raised €2 million in funding from Nidoco and Finnvera to advance its AI-driven location intelligence platform for the real estate industry. Founded in 2017, CHAOS develops tools that analyze and interpret data on urban growth, demographics, and business activity to support investment and planning decisions. The funding will be used to expand […] Read more ›
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Iceland-based Euler has raised a €2 million seed round co-led by Frumtak Ventures and Kvanted to scale its AI-powered 3D printing software that detects and prevents print defects in real time. A spinout from the Technical University of Denmark, Euler uses deep AI to enhance reliability in laser powder bed fusion and selective laser sintering […] Read more ›
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Vilnius-based healthtech Self.co has raised €2.56 million in a mix of venture funding and grants to broaden access to affordable allergy and intolerance testing. The €1.2 million investment round, led by Iron Wolf Capital with Coinvest and NGL Ventures, complements a €1.36 million grant from Innovation Agency Lithuania aimed at advancing the company’s molecular testing […] Read more ›
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Copenhagen-based enterprise software company Arkyn has raised €4 million in fresh financing co-led by Compounding Capital and Trifork Labs to fuel its global expansion and extend its product suite with advanced AI capabilities. Arkyn develops a digital platform for service and asset maintenance operations built on top of SAP, enabling real-time ERP data access for […] Read more ›
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Copenhagen-based unmanned aerial vehicle manufacturer Monopulse (operating under MNP Technologijos) has received €1.12 million in financing from Lithuania’s national development bank ILTE. The funding, issued under ILTE’s Billion for Business program, will be used to increase production capacity and meet current defense orders in Lithuania and abroad. Monopulse develops NATO Class I (Mini) drones for […] Read more ›
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Balnord has announced the first close of its debut vehicle, Balnord Fund I, with €70 million raised toward a targeted €100 million by mid-2026. Formed by the former Black Pearls VC team, the fund will invest in frontier and dual-use technologies linked to Europe’s reindustrialization—covering fields such as space systems, healthcare innovation, and industrial resilience. […] Read more ›
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Malmö-based HR tech company Eletive has received a growth investment from Accel-KKR, the U.S.-based software investor managing over $23 billion in capital. Eletive develops tools that help organisations measure and improve employee engagement through continuous feedback and analytics. The investment will support the company’s next phase of expansion and product development, particularly in AI-driven performance […] Read more ›
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Malmö-based HR tech company Eletive has received a growth investment from Accel-KKR, the U.S.-based software investor managing over $23 billion in capital. Eletive develops tools that help organisations measure and improve employee engagement through continuous feedback and analytics. The investment will support the company’s next phase of expansion and product development, particularly in AI-driven performance […] Read more ›
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19.01.2026 18:28
Last update: 18:20 EDT.
News rating updated: 01:20.
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