QMill, a quantum computing company from Espoo, Finland, has raised €4 million in seed funding, with Maki.vc, Antler, and Kvanted leading the round, along with a €1 million grant from Business Finland. The company aims to develop quantum algorithms that address current industrial challenges in sectors such as finance, energy, and logistics. The funding will […] Read more ›
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MISHKAY Biotech, a Lithuanian startup specializing in medicinal and edible mushrooms, has secured a significant increase in funding from Tesonet, which has now tripled its initial investment. This additional capital will support the completion of the company’s R&D laboratory and enhance production capabilities for their mushroom-based products. MISHKAY Biotech aims to address the issue of […] Read more ›
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Lithuanian aerospace startup Airvolve has raised €825,000 in early-stage funding from Coinvest Capital, Baltic Sandbox Ventures, and several business angels. With €510,000 coming from Coinvest Capital, the funds will be used to develop a tactical transport aircraft designed for defense and commercial missions, including autonomous cargo delivery and casualty evacuation. The aircraft features a horizontal-axis […] Read more ›
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Espoo-based Gosta Labs has raised €1.2 million in pre-seed funding from Cor Group and several health sector angel investors, including Jaakko Ollila. The startup specializes in developing an AI-driven assistant for healthcare that listens during medical appointments and generates draft clinical notes. By reducing the time healthcare professionals spend on documentation, the solution aims to […] Read more ›
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Vind AI, a startup specializing in AI-driven wind park design, has raised €3 million in a seed round led by Norrsken VC, with participation from Spacemaker founders and Arkwright X. Founded in 2022, Vind AI provides a platform for early-stage wind project design, helping developers model different configurations and optimize energy output before construction. The […] Read more ›
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Wingbits, a Stockholm-based startup, has raised €3.1 million in a seed round led by US investors Borderless Capital and Tribe Capital, with support from Antler and several angel investors. The company operates a flight tracking network that compensates individuals who provide data through antennas, using a blockchain-based system to measure and reward performance. The funding […] Read more ›
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Tallinn-based Fairown has secured €5.7 million in a seed extension round. The funding, led by BONVENTURE and supported by neosfer, STIHL Ventures, and Gateway Ventures, will be used to expand Fairown’s operations in Germany. The company, which operates in nine European countries, plans to enhance its product offerings and scale its service in the German […] Read more ›
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ŌURA, known for its smart health-tracking Oura Ring, has acquired Veri, a Finnish company focused on metabolic health through continuous glucose monitoring (CGM). Veri’s team, including its founders, will join ŌURA to enhance its expertise in metabolic health, a growing area of interest among Oura Ring users. The acquisition aims to expand ŌURA’s capabilities beyond […] Read more ›
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deverium has raised €2 million in EU funding to develop a distributed digital identity platform aimed at solving cross-border identification challenges. In collaboration with Corner Case Technologies, the company plans to create a solution that addresses inefficiencies in current identity verification systems, which contribute to significant onboarding costs for businesses globally. The platform will be […] Read more ›
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Lithuanian startup Alfa Space has raised €315K in a pre-seed round, with support from business angels committed to advancing education through technology. The company’s AI-powered platform is designed to improve mathematics learning for students in grades 5-12 by offering a personalized and interactive experience. Co-founders Paulius Serva, Emilija Platūkytė, Tomas Sipko, and Vilius Jastremskas developed […] Read more ›
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Birdsview, a Norway-based startup, has secured €711K (NOK 8.5 million) in funding from Enova to propel its innovative pilot project aimed at advancing concrete sustainability. Birdsview’s technology, initially developed for scanning wood, will now focus on analyzing concrete structures, providing a more accurate and cost-effective method to assess and extend the lifespan of buildings. By […] Read more ›
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Starhive, the Stockholm-based no-code app builder, has secured $3 million in seed funding to fuel its international expansion and further enhance its platform. The round was led by node.vc, with partners Andy Johnston and Henrik Tellving joining Starhive’s board. Founded in 2022 by Tommy Nordahl and Mathias Edblom, Starhive enables businesses to create bespoke applications […] Read more ›
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Baseload Capital, a Swedish geothermal energy company, has raised €53 million in a Series B funding round led by ENGF, with notable contributions from Ingka Investments, Baker Hughes, Nefco, Breakthrough Energy Ventures, and Gullspång Invest. The funds will be directed towards scaling up geothermal projects and advancing the commercialization of existing initiatives. Geothermal energy, a […] Read more ›
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Palm, the fintech startup from Sweden and the Netherlands, has raised €5.5 million in seed funding to advance its innovative cash management platform. The round was led by Speedinvest and Target Global, with additional support from Upfin, Liquid2, and Greens, alongside prominent angel investors like Job van der Voort and Philippe Teixeira da Mota. Palm’s […] Read more ›
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Zefort, a Helsinki-based company specializing in AI-powered contract management, has raised €1 million from investors Asko Schrey and Timo Larjomaa. Schrey, the founder of Accountor, and Larjomaa, a venture capitalist, have taken a 40% minority stake in the company. Zefort’s software helps businesses across various sectors manage contracts through a cloud-based platform, with clients including […] Read more ›
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Solar Foods, a Finnish company focused on sustainable protein production, has officially begun trading on Nasdaq First North Growth Market Finland under the ticker SFOODS. Known for its Solein® protein, produced independently of traditional agriculture, the company previously made history as the first Finnish firm to receive the Nasdaq Green Equity Designation in April 2024. […] Read more ›
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Tiptapp, a Stockholm-based startup founded in 2016, has secured a €1 million non-dilutive loan from Gilion to support its growth strategy in Berlin. The company, which connects users for moving, recycling, and delivery tasks, plans to use the funds to boost its marketing efforts in this key market. Tiptapp, which has already expanded to several […] Read more ›
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REDUCED, a Copenhagen-based company specializing in upcycled food ingredients, has successfully completed a second closing of its series A funding round, bringing the total raised to €8 million. This latest round was significantly boosted by an investment from the European Circular Bioeconomy Fund (ECBF). Established in 2020 by William Anton Lauf Olsen and Emil Munck […] Read more ›
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Mapon, a leading fleet management solutions provider in Northern Europe, has appointed Davis Siksnans as CEO, following his active role on the company’s board. Siksnans, known for his leadership at Printful and Draugiem Capital, succeeds co-CEOs Ingus Rukis and Andris Dzudzilo, who will now focus on technology and sales roles within the firm. Under Siksnans’ […] Read more ›
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Wisnio, an Estonian HR tech company specializing in generative AI for talent development, has been acquired by Assessio. With a strong foothold in private equity and executive search, Wisnio’s platform integrates AI-driven tools with a user-centric design to support hiring and team-building processes. The acquisition will enable Wisnio to expand its reach, particularly in international […] Read more ›
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08.03.2026 00:35
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