Gothenburg-based startup Millow has secured a €2.4 million grant from the European Innovation Council (EIC) Accelerator and the SMEs Executive Agency (EISMEA) to scale production at its pilot facility in Gothenburg. This funding will help Millow, known for its meat alternatives made from 50% mycelium and 50% Swedish oats, to expand its production capacity and […] Read more ›
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Leasi, a construction tech company based in Trondheim, has secured €1.1 million in pre-seed funding. The round was led by Skanska, StartupLab along with Gnist Capital and Weseed. Leasi develops advanced software that consolidates and optimizes data for machine and equipment management in the construction industry, enhancing efficiency and reducing costs. This funding, including grants from […] Read more ›
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Stockholm-based Greenely has secured €8 million (SEK 90 million) in Series A funding, led by Belgian investment firm Korys and supported by existing investor Luminar Ventures. The company’s platform integrates various energy devices to help households manage their electricity use more efficiently and participate in grid balancing, with plans to extend its services to Norway […] Read more ›
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Tallinn-based fintech Enty has successfully secured €700,000 in a seed funding round to propel its growth and innovation. The investment, led by TMT Investments Plc, Trado Capital, and a group of angel investors, will support Enty’s mission to become the go-to solution for financial, invoice, and contract management for SMEs across Europe. Established as a […] Read more ›
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Leya, a Stockholm-based startup in AI-driven legal technology, has successfully raised $25 million in a Series A funding round led by Redpoint, with significant contributions from Benchmark, Y Combinator, Alt Capital, and Wayfinder Ventures. This infusion of capital will propel Leya’s mission to enhance legal productivity through advanced AI solutions. The funds will be allocated […] Read more ›
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Draupnir Bio, a Copenhagen-based biotechnology company, has secured €12 million in a seed round to advance its development of oral small molecule degraders targeting extracellular disease-causing proteins. This funding round includes investments from MP Healthcare and the Export and Investment Fund of Denmark (EIFO), alongside existing investors Gilde Healthcare Partners, Inkef Capital, and Novo Holdings. […] Read more ›
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Tallinn-based smart building tech company Bisly has secured €6.2M in a Series A funding round to expand its innovative emissions-reducing platform across Europe. The funding round was led by notable investors, including Foxway founders Urvo Männama and Paul Padrik, along with Aconterra, SmartCap Green Fund, Pinorena Capital, and several angel investors. Bisly’s platform integrates hardware […] Read more ›
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Copenhagen-based Again has raised $43 million in a Series A round co-led by GV and HV Capital. The funding will support the development of Again’s bioproduction processes, which convert waste CO₂ into commercial-grade chemicals. The company’s technology, based on research from the Danish Technical University, Stanford, and MIT, aims to reduce carbon emissions in the […] Read more ›
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Oslo-based Heimdall Power has secured $25 million in a Series B funding round, led by Orlen, NRP Zero, and the Steinsvik Family Office. Existing investors, including Investinor, Eviny, Hafslund, Lyse, and Sarsia Seed, contributed an additional $8.5 million. Established in 2016, Heimdall Power develops software and sensors for monitoring power lines, aiming to increase transmission […] Read more ›
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Maurten, the Swedish innovator in sports nutrition, has successfully raised €20 million in a recent funding round led by international growth equity fund IRIS Ventures. Known for its disruptive approach to sports fueling through patented Hydrogel Technology, Maurten’s product lineup includes Drink Mixes, Gels, and the Maurten Bicarb System. The funding round also saw participation […] Read more ›
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Helsinki-based Onego Bio has announced a significant funding boost of €14 million from the European Innovation Council (EIC) Accelerator Program and additional Series A investors. This new funding round brings Onego’s total capital raised in 2024 to €50.5M ($55M), elevating their overall funding to €65M ($70.8M). Specializing in producing Bioalbumen®, a bio-identical egg protein, Onego […] Read more ›
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Oinride, a Tampere-based pioneering force in mobile robotics solutions for the mining industry, has successfully raised €345K pre-seed investment. The funding round includes a significant €200K contribution from EIT RawMaterials, a prominent European initiative dedicated to supporting innovation in the raw materials sector. This substantial financial boost will enable Oinride to accelerate the development and […] Read more ›
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Tallinn-based fintech company Mifundo has secured €2.5 million in grant funding from the European Innovation Council (EIC) Accelerator program, becoming the first fintech to receive full funding from this initiative. Mifundo is developing an AI-based data platform that enables the transfer of credit profiles across borders, helping banks and creditors assess the credit risk of […] Read more ›
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Riga-based Jeff App, a data-driven financial marketplace operator for emerging economies, has raised $2M in late-seed financing led by Presto Ventures. Existing investors such as the specialist data and AI fund J12, and high-profile angel investors Jean Pascal Duvieusart, Ladislav Bartonicek, and James Berdigans also participated. The new funding will support Jeff’s expansion into India […] Read more ›
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Vilnius-based startup Joiner App, a socialization platform designed to combat loneliness, has experienced a remarkable 10-fold growth in its user base, expanding from 1,000 to over 12,000 users within a month. Recently, the company raised over half a million euros from Lithuanian angel investors and marketing advisors from Ogilvy Vilnius. Co-founded by Eduard Titov and […] Read more ›
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Lemonado, Stockholm-founded no-code platform empowering businesses to build custom business apps, has secured $1.4 million in seed funding. The round was led by node.vc, with participation from Zendesk co-founder Alexander Aghassipour and Nordic Makers. Lemonado, founded by early Trustly team members, aims to help non-developers automate workflows and streamline business processes using AI-powered tools. The […] Read more ›
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Stockholm-based startup Arkion, previously known as Skyqraft, has successfully raised $4 million to enhance its AI-driven software designed for inspecting overhead power lines. This Stockholm-based company is on a mission to transform the energy sector by providing innovative solutions for power grid maintenance and management. The recent funding round was spearheaded by Subvenio Invest, with […] Read more ›
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Copenhagen-based Dynelectro has successfully raised €11 million to advance its 1-MW Dynamic Electrolyser Unit (DEU) technology, aimed at accelerating the green hydrogen economy. The funding round saw participation from prominent investors such as Denmark’s Export & Import Fund Organisation (EIFO), Yara Growth Ventures, Vsquared Ventures, PSV DeepTech, The Footprint Firm. Additionally, Dynelectro secured €9 million […] Read more ›
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Granta Autonomy, a Vilnius-based startup specializing in fully autonomous UAVs for intelligence, surveillance, and reconnaissance missions, has raised €1 million in a seed funding round led by ScaleWolf VC, with participation from Brolis Defence and HFL Holdings. The funding will accelerate the development and production of their cutting-edge lightweight surveillance UAVs, micro gimbals, and digital […] Read more ›
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Greencode Ventures, a prominent pan-European venture capital firm specializing in green transition solutions, has co-led a $3 million investment in ZeroMission, a leading provider of electric vehicle (EV) fleet management software. This funding round also saw participation from Delta Partners, Vireo Ventures, and notable angel investors. Founded in 2023, Greencode Ventures focuses on rapidly scaling […] Read more ›
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Business Insider
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22% 11 |
Tom's Hardware
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17% 11 |
Gizmodo
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12% 7 |
Slashdot
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7% 3 |
Engadget
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5% 2 |
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21.12.2025 04:17
Last update: 04:10 EDT.
News rating updated: 11:10.
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