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23.02.2026 − 01.03.2026
ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 02/24/2026 09:53 EDT

Prenew raises €1.8 million

Espoo-based Prenew has secured €1.8 million in fresh funding to expand its refurbished gaming PC marketplace internationally and ramp up hiring in Finland. The round was led by Antler, with participation from Outlast VC, Silence VC, Nuard Ventures, and a syndicate of operators from Swappie, Wolt, Framery, and Just Eat. Prenew plans to use the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/06/2024 07:20 EDT

Baltic Startup Funding Report

The Baltic Startup Funding Report by FIRSTPICK and Change Ventures provides an in-depth analysis of startup funding trends across Estonia, Latvia, and Lithuania in H1 2024. The report highlights a continued decline in both the number of funding rounds and total capital deployed, following global market recalibrations post-2021. Pre-seed funding saw a shift toward concentrating […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/05/2024 08:45 EDT

Foodtel raises funding

Helsinborg-based startup Foodtel has recently secured significant investment from FoodBridge, part of Novax. The company’s platform, which launched in spring 2023, is designed to address food waste in the cold chain by providing tools to evaluate the remaining shelf life of food after temperature deviations. This approach has already prevented over 225 tons of food […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 09/05/2024 08:25 EDT

Experienced investor Linn-Cecilie Linneman takes helm at LUMO Labs in the Nordics and Baltics

Linn-Cecilie Linnemann joins LUMO Labs as a Senior Partner to lead the fund’s operations in the Nordics and the Baltics, drawing on over 20 years of experience in business strategy, investment, and climate-driven initiatives. She views the region as ripe with potential, given its strong tech expertise, deep tech environments, and industrial capabilities, particularly in […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 09/05/2024 02:28 EDT

Helsinki-Palo Alto startup secures $2.8M to advance GenAI reliability with LLM-as-a-judge platform

Root Signals, a Helsinki and Palo Alto-based startup, has secured $2.8 million in funding to drive the adoption of generative AI (GenAI) in enterprise settings. The funding round was led by Angular Ventures, with support from Business Finland. Root Signals specializes in LLM-as-a-judge techniques, providing an AI control platform that enables businesses to measure, control, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/04/2024 05:28 EDT

Finnish entrepreneur’s startup debuts with pre-seed funding, aims to disrupt behavioral data market

Behavix Inc., a Helsinki and New York-based startup co-founded by industry veterans Hannu Verkasalo and Surath Chatterji, has announced the successful closure of its pre-seed funding round. The company raised an undisclosed amount from senior executives at Nielsen, Rovio, and Unity, marking a significant milestone in its mission to transform the market research industry. Behavix […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 09/04/2024 03:55 EDT

Iceland’s Treble raises €11M Series A to enhance acoustic design across industries

Treble Technologies, a Reykjavik-based company specializing in sound simulation and synthetic audio data generation, has raised €11 million in its Series A funding round. The round was led by KOMPAS VC, with participation from Frumtak Ventures, the European Investment Bank, Omega Venture Partners, and strategic partners St. Gobain and L-Acoustics. Treble plans to use the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/04/2024 01:52 EDT

Froda and Juni partner

Froda and Juni, two prominent Swedish fintech firms, have formed a partnership to advance embedded finance solutions. By integrating Froda’s technical platform and utilizing its capital pool, Juni aims to enhance its financial services and expand its reach. This collaboration seeks to address the challenge of accessing financing faced by many SMEs in Europe, leveraging […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/03/2024 09:08 EDT

Finnish Resand accelerates growth in sand regeneration with €3 million loan from Nordic Green Bank

Resand, a Finnish technology company focused on regenerating and recycling foundry sand, has secured a EUR 3 million loan from Nefco, the Nordic Green Bank. This financing, combined with previous investments, will enable Resand to scale up its Sand As A Service (SAAS) solution, which allows foundries to recycle and reuse sand, drastically reducing the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/03/2024 08:32 EDT

Swedish medtech startup completes oversubscribed round to combat antibiotic resistance

Amferia, a Mölndal-based medtech company specializing in antimicrobial healthcare solutions, has secured €1.2 million in an oversubscribed investment round led by Chalmers Ventures, alongside new investors. This funding will accelerate the clinical development of Amferia’s innovative hydrogel platform, which is designed to combat resistant bacterial infections by utilizing antimicrobial peptides. The company will also use […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/03/2024 07:19 EDT

Hailia Nordic partnered with Kalavapriikki and S Group

Karkkila-based Hailia Nordic has partnered with fish supplier Kalavapriikki and S Group to launch a new food product made from rainbow trout sidestreams. This collaboration aims to reduce waste in fish processing by turning typically discarded parts into a ready-to-use food product, which will be available in over 500 stores under S Group’s Kotimaista label. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/02/2024 03:40 EDT

Mycorena acquired by Naplasol

Mycorena, a Swedish mycoprotein company, has been acquired by Naplasol, part of the VEOS Group, marking a significant step in the company’s development. Established in 2017, Mycorena has focused on fungi-based technology, producing its signature product, Promyc®, known for its nutritional value and sustainable production. This acquisition allows Mycorena to scale its operations with the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/30/2024 08:06 EDT

SmiLe Inject Capital invests in Uman Sense, Nygen Analytics & Aligned Bio

Lund-based SmiLe Inject Capital has recently invested 9 million SEK (approximately 0.8 million euros) in three pioneering life science startups: Uman Sense, Nygen Analytics, and Aligned Bio. Uman Sense, a spin-off from Lund University, is developing Stroke Alarm, a wristband that monitors patients at high risk for stroke, with 3 million SEK allocated to support […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 08/30/2024 03:24 EDT

Sunly raises €300M debt

Sunly, a Tallinn-based renewable energy producer, has secured €300 million in debt financing to accelerate its renewable energy projects across the Baltics and Poland. The funding was led by Rivage Investment through its high-yield infrastructure debt funds, Copenhagen Infrastructure Partners (CIP) via its Green Credit Fund I, and Norway’s largest pension company, Kommunal Landspensjonskasse (KLP), […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/30/2024 02:31 EDT

Norwegian startup’s offshore desalination tech gets €6M EU boost to turn wave power into freshwater

Ocean Oasis, an Oslo-based cleantech startup, has secured a €6 million grant from the European Executive Agency on Climate, Infrastructure, and Environment (CINEA) to advance its innovative wave-powered desalination technology. The funding will be used to deploy Ocean Oasis’ offshore desalination buoys off the coast of Gran Canaria, aiming to supply fresh water to 15,000 […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 08/29/2024 05:51 EDT

With $1.6M in new funding, Danish startup hits $4.8M total to grow user base and launch new platforms

Copenhagen-based startup Tiimo, a leading app designed to support neurodiverse individuals, has successfully raised $1.6 million in its latest funding round, bringing the total raised to $4.8 million. This pre-Series A round was co-led by Crowberry Capital and People Ventures, with additional backing from Sweden’s Inner Foundations, which focuses on mental health startups. Previous investors […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/29/2024 04:35 EDT

Danish startup closes €5.35M funding round to expand cyber defense solutions in Europe

Uniqkey, a Denmark-based cybersecurity startup, has secured €5.35 million in a funding round led by Swedish VC firm BackingMinds, with participation from industry veterans like Jesper Zerlang, Lars Ankjer, Otto Krabbe, Rolf Bladt, and several prominent angels. Uniqkey specializes in providing military-grade password management solutions to bolster European companies against the growing threat of cyberattacks […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 08/28/2024 09:04 EDT

Cardboard raises $2.1M

Oslo-based startup Cardboard has raised €1.9 million in seed funding to scale its SaaS subscription management platform across Europe, starting with the Swedish and UK markets. The funding round was led by Skyfall Ventures, with additional support from RunwayFBU and Sondo. Cardboard’s platform helps startups, scaleups, and SMEs manage their SaaS subscriptions by centralizing data, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/28/2024 07:38 EDT

Helsinki’s Jobilla raises €6 million to advance AI recruitment tools

Helsinki-based recruitment tech company Jobilla has raised €6M in funding from Juuri Partners, Trind VC, Business Finland, and business angels including Matti Vikkula, who also takes on the role of Chair of the Board. The new capital will support Jobilla’s ongoing international expansion and further development of its AI-powered platform, which automates key aspects of […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 08/28/2024 07:06 EDT

EcoDataCenter and CoreWeave to build Europe’s first large-scale NVIDIA Blackwell AI cluster in Sweden

Stockholm-based EcoDataCenter has partnered with CoreWeave to construct Europe’s first large-scale NVIDIA Blackwell AI cluster in Falun, Sweden. CoreWeave, a cloud-based computing powerhouse, is expanding its footprint in Europe with this collaboration, which will substantially increase the continent’s AI computing capacity. EcoDataCenter, renowned for its sustainable data centers powered by renewable energy, will house thousands […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 08/27/2024 09:22 EDT

Carguru merges with OX Drive

Carguru, a leading car-sharing platform in Latvia, has merged with electric car-sharing startup OX Drive, making it the largest provider of electric car-sharing services in the country. This merger significantly expands Carguru’s fleet with over 200 additional electric vehicles, including Tesla and Audi models, which will now be available through Carguru’s app. OX Drive, which […] Read more ›

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08.03.2026 05:12
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