Tartu-based agricultural technology startup eAgronom recently announced a significant investment of $5.5 million aimed at promoting the adoption of sustainable farming practices. This funding comes from prominent investors, including Icos Capital, Soulmates Ventures, and SmartCap Green Fund, and will play a pivotal role in enabling eAgronom to expand its digital tools on a larger scale. […] Read more ›
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Espoo-based startup Steady Energy, also a VTT spin-out, has secured €2 million in a seed round led by VTT, Yes VC, and Lifeline Ventures. The startup combines manufacturing efficiency and innovative nuclear engineering solutions to introduce zero-emission heating plants to the market, with a focus on developing the LDR-50 nuclear reactor technology. will be primarily […] Read more ›
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Helsinki-based scaleup Algorithmiq has received $15 million in a series A round led by Inventure. The round also garnered support from notable participants including Tesi, the state-owned Finnish investment company, Presidio Ventures from Sumitomo Corporation, one of Japan’s leading corporate venture capital arms, and London-based Thames Trust, alongside existing backers. The scaleup company utilizes quantum […] Read more ›
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Aarhus-based digital banking app Lunar and Stockholm-based online lending platform Froda have teamed up with Visa to introduce a card-based embedded lending solution. The goal is to provide faster and more affordable financing options for small businesses in Denmark, enabling them to secure the capital needed for growth. Lunar, a digital challenger bank, aims to […] Read more ›
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Oslo-based startup ARTBIO has secured $23 million in a seed round led by F-Prime Capital with Omega Funds. The startup specializes in the development of alpha radioligand therapies (ART) using the radioactive isotope lead-212 (Pb212). The recent funding will be utilized to advance the development of AB001, expand their portfolio with new and unique projects, […] Read more ›
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Copenhagen-based startup Northstake has raised €2.8 million from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund. The startups offers streamlined and regulatory compliant products that ensure audited and regulated crypto staking with verified sources of funds and strict asset segregation. With the substantial investment received, Northstake is poised to enhance […] Read more ›
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Finnish entrepreneur Kimmo Nurmisto‘s startup SPYCE.5 has collected €1 million and welcomes David Sønstebø as an angel investor. SPYCE.5 offers sustainable Blockchain and Web3 infrastructure, data, and digital identity as a Service. The investment from David Sønstebø not only provides SPYCE.5 with the necessary financial resources to expand its team but also validates the company’s […] Read more ›
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Kópavogur-based startup Carbon Recycling International (CRI) has secured a substantial $30 million in funding through an equity investment round led by Equinor Ventures of Norway, reaffirming their global leadership in CO2 to methanol technology. CRI’s approach allows partners to produce renewable methanol from carbon dioxide and hydrogen, facilitating the creation of sustainable fuels, chemicals, and […] Read more ›
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Swedish startup X Shore has announced a partnership with Bosch Engineering to develop and enhance the electric drive system of their newest model, the X Shore 1. The startup builds fully-electric boats with no fossil fuels and minimum impact on marine wildlife. Bosch Engineering, a wholly owned subsidiary of Robert Bosch GmbH, offers development services […] Read more ›
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Espoo-based startup Fressi has received a significant investment from Swedish proptech group Hydda which is backed by BLQ Invest and Vasakronan. The startup offers indoor climate and energy optimization solutions and targets to be a global leader in the industry. The recent investment will play a crucial role for Freesi to achieve that goal and […] Read more ›
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Headquartered in Tallinn, the climate tech startup 1MT Nation has collected a substantial €1 million investment from Estonian backers, including seasoned forest industry expert Margus Kohava and wood pellet producer Warmeston OÜ. Specializing in the development of nature-based carbon credits, the startup focuses on Africa, where it endeavors to rejuvenate damaged lands through bamboo planting. […] Read more ›
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Reykjavik-based startup DTE has just secured an impressive $10 million in Series A2 funding. This significant investment round is spearheaded by Novelis, alongside renowned venture capital firm Metaplanet, and the European Innovation Council (EIC) Fund. Joining forces with existing investors, Chrysalix Venture Capital and Brunnur Ventures, this funding marks a pivotal moment for DTE as […] Read more ›
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Copenhagen-based B2B SaaS startup Arkyn has successfully secured €1.4 million in funding, with Trifork Labs taking the lead and Arkyn founders, management team, and private investors also participating. Specializing in user-friendly mobile apps built on SAP, Arkyn aims to streamline asset maintenance operations for field service and manufacturing companies. The newly acquired funds will be […] Read more ›
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Tallinn-based luxury lifestyle service provider Perfect.Live has announced the successful completion of its pre-seed funding round, raising a sum of €600K. The investment was led by a group of Baltic investors, including Eduard Zolotuhins, CEO of 3ED Ventures, Sergei Verbitski from Server Partners, Igor Mölder from Capital Mill, and Andrei Doktorov, known for his involvement […] Read more ›
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Stockholm-based startup X Shore has partnered with Safe Harbor Marinas, the world’s largest owner, and operator of marinas, to enhance access to sustainable boating for members throughout the United States. Through this collaboration, Safe Harbor Members will have exclusive access to X Shore’s Eelex 8000 electric boats at various locations, providing them with the opportunity […] Read more ›
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Stockholm-based deep tech startup Embedl has recently collected €1.8 million (SEK 22 million). This funding is part of a larger co-financing effort by the European Innovation Council (EIC), which contributes a total of €3.8 million (SEK 45 million) to the company. The funding round was led by Spintop Ventures, with S-E Bankens Utvecklingsstiftelse, angel investors, […] Read more ›
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Soundtrack Your Brand, a startup based in Stockholm, has recently announced a pre-growth investment of €15 million. This funding comes from a leading music investment company MUSIC, Dundee Partners, Balderton Capital, Fuel Venture Capital, Industrifonden, Telia, and DIG. Soundtrack Your Brand specializes in providing a comprehensive music streaming solution tailored specifically for commercial environments such […] Read more ›
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Tallinn-based startup Arbonics has joined forces with Swedbank, the leading bank in the Nordic and Baltic region, to introduce an unprecedented partnership that will revolutionize afforestation financing. This groundbreaking collaboration aims to provide landowners with the means to plant new forests by offering them access to affordable loans and the opportunity to earn additional income […] Read more ›
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Helsinki-based startup Solu has secured €1 million in seed funding led by Finnish early-stage investor Lifeline Ventures, and joined by Wave Ventures in supporting Solu’s mission to tackle the urgent issue of global antibiotic resistance. The startup is making significant strides in developing a rapid and sophisticated pathogen DNA database, forging key partnerships with esteemed […] Read more ›
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Espoo, Finland – June 13, 2023 – ArcticStartup Events is thrilled to announce NORDEEP Summit 2023, the world’s leading deep tech business summit, scheduled to take place on October 11–12 in Espoo, Finland. This groundbreaking summit will once again gather deep tech startups, investors, industry, academia, and thought leaders from the New Nordics and around […] Read more ›
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Tech Wire Asia | 26% 19 |
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28.11.2024 18:48
Last update: 18:40 EDT.
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