Return Entertainment, a cloud-gaming studio based in Helsinki, has named Vesa Jutila as its CEO and announced an investment from Samsung Next. The company’s focus is on creating bite-sized AAA games using its zero-integration technology for smart TV gaming. Established in 2019, Return Entertainment aims to revolutionize gaming through cloud-native technology. Vesa Jutila, a seasoned […] Read more ›
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Turku-based startup Comptek Solutions has recently closed its Series A funding round, securing an eight-million-euro equity investment with participation from a key strategic partner in the consumer electronics industry, along with support from the Horizon Europe EIC Fund and leading Italian venture capital firm LIFTT S.p.A. The spin-off from the University of Turku provides passivation […] Read more ›
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Tallinn-based electric superbike startup Verge Motorcycles is propelling its international expansion forward by enlisting the seasoned expertise of Mark Wilson as the new Chief Financial Officer. Drawing from his extensive automotive background, which includes leadership roles at Aston Martin Lagonda Plc and McLaren Automotive, Wilson’s appointment comes as Verge embarks on penetrating the US market […] Read more ›
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Riga-based startup Swotzy has recently raised a substantial amount of €500K in a pre-seed funding round led by Black Pearls VC, and their previous investor FIRSTPICK from Lithuania also participated. This comes shortly after they received an initial investment of €90,000 just four months earlier. Swotzy specializes in offering software for shipping services, particularly for […] Read more ›
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Stockholm-based Apica has announced its plans to acquire LOGIQ.AI, a California-based startup specializing in observability data fabric. Alongside this acquisition news, Apica has successfully secured $10 million in funding from its existing investors, which include Industrifonden, SEB Foundation, and Oxx. Apica’s flagship product, the Apica Ascent platform, offers dynamic observability, automated root cause analysis, and […] Read more ›
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DeckMatch, a tech platform headquartered in Oslo, is reshaping how venture capitalists approach and evaluate incoming startup pitches. The company has successfully raised €1 million in a pre-seed funding round, co-led by Alliance VC and Skyfall Ventures. The round also saw participation from Nicolaj Højer Nielsen, a seasoned entrepreneur and prominent angel investor based in […] Read more ›
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Stockholm-based startup Hopsworks has successfully raised $6.5 million in a recent investment round. This achievement follows a remarkable threefold growth in 2022. Swedish startup offers the world’s first Enterprise and open-source Feature Store for AI, streamlining data management for AI models and enabling efficient real-time AI capabilities. Hopsworks is now poised to amplify its commercial […] Read more ›
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Tallin-based mobility company Bolt and Barcelona-based smart electric vehicle charging solutions provider Wallbox have embarked on a strategic partnership with a shared vision to accelerate electric vehicle adoption in the Netherlands. Bolt offers ride-hailing, shared vehicles, and delivery services with a focus on sustainability while Wallbox specializes in smart electric vehicle charging solutions to advance […] Read more ›
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Malmö-based SaaS startup CodeScene has secured an impressive €7.5 Million in its recent funding round, led by Neqst and CEO/Co-investor Hamdija Jusufagic, with ongoing support from Luminar Ventures and Inventure. The startup CodeScene is a behavioral code analysis tool that prioritizes technical debt and code quality by considering a software system’s evolution over time, providing […] Read more ›
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Jyväskylä-based startup Spinnova has secured a substantial €1.9 million grant from Business Finland, earmarked for its research and development efforts spanning from April 15, 2023, to April 14, 2025. The startup’s technology converts materials like wood and waste into textile fibres without the use of harmful chemicals, thereby transforming the landscape of textile manufacturing. The […] Read more ›
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Copenhagen-based startup Jabbr has successfully raised €685K in a seed funding round, with key investors including PreSeed Ventures and Accelerace, alongside notable contributions from business angels. The startup’s focal point lies in its advanced computer-vision AI system, DeepStrike, engineered for combat sports. DeepStrike has the capacity to analyze athlete performance within fights and sparring sessions, generating […] Read more ›
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Aarhus-based startup LMS365 has acquired UK’s Weekly10, a dynamic performance and engagement management firm. LMS365, known for its AI-powered learning platform integrated with Microsoft 365, can now expand its reach with Weekly10’s employee-focused approach. The synergy enhances Microsoft Teams and Viva with advanced AI tools, underlining a commitment to individual growth and success. With this […] Read more ›
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Monetizer, a platform for advertising experiences based in Riga, has successfully raised $4 million through a fundraising round led by Change Ventures. Techstars and Ludus Ventures also participated in the funding, along with notable angel investors including Ari Paparo, who is the CEO of Marketecture Media and a former executive at Google and Beeswax, and […] Read more ›
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Oslo-based startup Pistachio, formerly known as CYBR, has clinched a substantial €3.25 million in funding led by Signals Venture Capital. Distinguishing itself from conventional cybersecurity training, Pistachio’s personalized approach involves meticulous assessments of employees’ strengths and weaknesses, paving the way for targeted training and automated attack simulations to address security loopholes. The startup has unveiled […] Read more ›
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Copenhagen-based bioindustrial startup Bactolife has recently secured an impressive €30 million in a Series A round led by ATHOS and backed by notable players such as the Bill & Melinda Gates Foundation and Novo Holdings. This funding surge marks one of the most substantial bioindustrial Series A rounds in Europe. The startup specializes in developing […] Read more ›
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Genomika, a biotech startup hailing from Lithuania and situated in the Tech-Park Kaunas, has secured over €5 million in investmentThis financial support has been contributed by the European Union (EU), Switzerland, and the United Kingdom (UK), signifying a significant leap forward in the realm of genetics. Genomika’s visionary prowess has propelled it to lead an […] Read more ›
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Copenhagen-based fintech Tradeshift is set to receive a substantial boost as HSBC injects $35 million into the company, marking the inception of a collaborative venture aimed at pioneering innovative embedded finance solutions and financial services applications. Renowned for its cloud-based supply chain platform reshaping B2B interactions, Tradeshift finds a strategic partner in HSBC Holdings plc, […] Read more ›
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Oslo-based digital assessment frontrunner Inspera has announced its strategic acquisition of Crossplag, a leading tool specializing in originality checking and AI authorship detection. This acquisition further solidifies Inspera’s commitment to academic integrity and innovation in the field of assessments. By integrating Crossplag’s advanced technology, Inspera aims to enhance its comprehensive assessment ecosystem, offering educators and […] Read more ›
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Copenhagen-based air travel data provider Infare has been acquired by OAG, the world’s premier global travel industry data platform, in a landmark deal worth over $500 million, orchestrated in collaboration with Ventiga Capital. This collaboration seamlessly integrates Infare’s expertise with OAG’s extensive intelligence resources, offering airlines and the broader travel sector an enhanced, comprehensive view […] Read more ›
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Malmö-based startup DBtune, specializing in AI-based database optimization, has successfully secured €2.4M in seed funding led by 42Cap, with participation from prominent investors such as Axeleo Capital, Tiny Supercomputer Investment Company, Exxeta Ventures, JVH Ventures, and angel investors Kingston Duffie, Martin Hell, and Peter Zaitsev. The company’s innovative approach simplifies the tuning process for database […] Read more ›
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28.11.2024 15:51
Last update: 15:41 EDT.
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