Estonia-based Patchstack has partnered with GoDaddy to bring vulnerability detection capabilities directly into GoDaddy’s Managed WordPress hosting platform, aiming to help small businesses respond more quickly to the growing volume of website security threats. Patchstack specializes in website vulnerability intelligence, detection, and mitigation, while GoDaddy is the world’s largest domain registrar and a major web […] Read more ›
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Tallinn-based biotech startup ÄIO has partnered with natural skincare brand tilk! to launch their first commercial product, a bio-fermented facial serum powered by ÄIO’s RedOil, marking a key step from lab-scale innovation to consumer-ready application. ÄIO develops fermentation-derived oils from upcycled organic side-streams as sustainable alternatives to conventional fats, while tilk! specializes in high-performance, nature-inspired […] Read more ›
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Stockholm-based Nordic Knots has raised $100 million in a new funding round led by Imaginary Ventures, with participation from Creades, Iris Ventures and St Dominique Capital, valuing the design-led home textiles brand at €1.9 billion. The company operates a digitally native, design-forward e-commerce model specialising in rugs and expanding into broader home textiles, combining Scandinavian […] Read more ›
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Tibro-based PaperShell has secured up to €40.3 million in funding from the European Commission through the EU Innovation Fund to support the industrial scale-up of its bio-based composite material. The financing—public, non-dilutive capital rather than private investment—will go toward constructing a new production facility in Tibro, intended as a template for future plants. The company […] Read more ›
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Stockholm-based Enkei has raised an oversubscribed pre-seed round at a €3 million valuation to scale its circular materials platform, targeting one of Europe’s most waste-intensive industries. The round brings together a cross-disciplinary syndicate spanning architecture, materials science, and industrial manufacturing, including Anders Lendager, Christina Åqvist, Ulf Mattsson, Fabian Månsson, alongside Sweden-based RadCap and academic backers […] Read more ›
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Bergen-headquartered startup Lace Lithography has raised $40 million in a Series A round led by Atomico, joined by M12, Microsoft’s Venture Fund, Linse Capital, Vsquared Ventures, Future Ventures, Runa Capital, Deep Future, SETT Spain, Nysnø Climate Investments. The company is developing a next-generation lithography system based on a helium atom beam rather than traditional light-based […] Read more ›
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Copenhagen-based Financial News Systems (FNS) has raised €1.5 million in a pre-seed round led by Ugly Duckling Ventures, as it looks to scale its AI-native financial news and data platform for institutional investors. FNS develops specialised models that extract and distribute market-moving data from press releases and regulatory filings in milliseconds—covering over 9,000 companies across North […] Read more ›
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Vilnius-based WhiteBridge AI has raised €2.6 million in a seed round led by FIRSTPICK VC, with backing from First Degree, NGL.VC, Scalewolf.VC, BADideas.fund, Nectolabs, and Plug and Play, alongside angel investors. Founded in 2024, the startup is building an AI-powered people research engine that aggregates, verifies, and analyses fragmented public data to generate decision-ready digital […] Read more ›
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Tallinn-based life sciences compliance startup Validfor has raised $1.2 million in a pre-seed round led by DOMiNO Ventures, with participation from Curiosity VC and a group of angel investors, as it looks to modernize validation processes across pharma, biotech, and medtech. The company is building an AI-native, agentic digital validation platform that replaces fragmented, document-heavy […] Read more ›
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Tallinn-based Pickmybrain has raised $2.1 million in a pre-seed round backed by business angels including Garri Zmudze and investment platform Raison.app, alongside undisclosed investors, to scale its AI-powered “Digital Brains” platform globally. The company enables high-profile experts to convert their knowledge into personalized AI models trained on curated content, allowing users to access expert-level insights […] Read more ›
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Finnish neurotech startup Audicin has raised $1.9 million in fresh funding to scale its real-time nervous system regulation technology across both consumer and enterprise environments, with backing from returning investors including Petteri Lahtela and Virpi Tuomivaara, alongside support from Business Finland’s Deep Tech Accelerator. The company develops brainwave-entrainment audio protocols combining music neuroscience and engineered […] Read more ›
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Espoo-based IQM has secured a €50 million financing package from funds and accounts managed by BlackRock, bolstering its balance sheet as it gears up for global expansion and a planned public listing via a merger with Real Asset Acquisition Corp. IQM builds full-stack superconducting quantum computers, offering both on-premise systems and cloud access to enterprises, […] Read more ›
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Latvia-based alternative lender Capitalia is rolling out a €15 million financing initiative aimed at microenterprises across Estonia, Latvia and Lithuania, backed by a guarantee from the European Investment Fund under the InvestEU programme. The scheme will enable Capitalia to offer crowdfunded loans of up to €50,000 over a three-year period, targeting the region’s smallest businesses—many […] Read more ›
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Fresh out of Aalto University, Metaktik has secured €1 million in pre-seed funding, with backing from early-stage investor Maki.vc, to commercialize its metasurface antenna technology. The Espoo-based company is developing ultra-lightweight, flexible antennas that can be seamlessly integrated into drones, satellites, and ground systems—enhancing communication, radar capability, and stealth by conforming to the shape of […] Read more ›
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Helsinki&Oulu-based cybersecurity startup Test of Things has raised €1.2 million in a pre-seed round led by Vendep Capital, with participation from angel investors including Aapo Oksman, Zach Shelby, Neil Costigan, Ääkköset Oy, and ScanABC, alongside public support from Business Finland. The company is building an AI-powered platform that automates cybersecurity testing and compliance for connected […] Read more ›
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Cernel has raised €4 million in seed funding led by Seed Capital, alongside new angel investors and continued backing from existing shareholders, to tackle what it sees as e-commerce’s most persistent bottleneck: broken product data. Cernel builds an AI-powered infrastructure layer that sits between raw supplier inputs and sales channels, automatically structuring, enriching, and validating […] Read more ›
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Stockholm-based Endform has raised €1.5M in fresh funding to accelerate its mission of eliminating one of modern software development’s biggest bottlenecks: slow end-to-end testing. The round was led by Alliance VC alongside First Fellow Partners, Greens Ventures, and Antler, with additional backing from strategic angel investors. Endform’s platform dramatically reduces Playwright test execution times—from 30 minutes […] Read more ›
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Nordic Air Defence (NAD), the Stockholm-based defence technology startup developing autonomous counter-drone systems, has appointed The Right Honourable James Heappey and its Head of Product Nicholas Högasten to its board as it accelerates its expansion across European defence markets. The company is building the K100XR interceptor designed to neutralise low-cost, low-flying drones threatening critical infrastructure […] Read more ›
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Oslo-based Unleash has raised $35 million in a Series B round led by One Peak, with participation from existing backers Spark Capital, Frontline Ventures, and Firstminute Capital, bringing its total funding to $51.5 million. The company develops an open-source FeatureOps platform that gives enterprises real-time control over feature releases—allowing teams to toggle, test, and roll […] Read more ›
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Stockholm-based Galdera Labs has raised €1.5 million in pre-seed funding to build what it describes as AI-native infrastructure for financial modeling, replacing static spreadsheets with continuously evolving, context-aware systems. The round was led by J12 Ventures, with participation from Antler and angel investors with backgrounds at Klarna, DeepL, Stripe and Plata. Founded by former Klarna […] Read more ›
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Stockholm-based deeptech startup Renasens has raised €10 million in a seed round led by Extantia, with participation from Course Corrected VC and continued backing from Norrsken Launcher, as it looks to scale its CO₂-based textile recycling technology across Europe. The company is tackling a persistent bottleneck in the industry—processing blended and treated fabrics—by using modified […] Read more ›
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13.06.2026 10:04
Last update: 09:50 EDT.
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