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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/27/2024 07:04 EDT

Viio raises over €3.3 million

Viio, a Copenhagen-based platform focused on managing software spending, has raised over €3.3 million to support its expansion plans. The funding was led by North Ventures and included investments from industry leaders like Christian Kromann, Dorrit Kromann, Klaus Holse, Ole Andersen, Ulrik Bo Larsen, Lasse Schou Holbøll, Michael Koefoed Steensborg Drejer and more. Viio, headed […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/25/2024 11:06 EDT

Sweden’s Lifesum elevates personalized wellness in Europe with LYKON acquisition

Lifesum, the global nutrition app based in Stockholm, is set to revolutionize personalized wellness in Europe through its acquisition of LYKON, Germany’s foremost biomarker-based personalized nutrition company. This strategic move combines Lifesum’s nutritional expertise with LYKON’s at-home biomarker testing and customized health solutions, providing users with a comprehensive, scientifically validated approach to health improvement. The […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/25/2024 10:02 EDT

Swedish startup gains €20M Investment to enhance pet telehealth services and scale operations in North America

FirstVet, a Stockholm-based digital vet clinic, has successfully closed a €20M Series C funding round to fuel its North America expansion and accelerate product development. The round was led by TELUS Global Ventures, with participation from existing investors OMERS Ventures, Mubadala Capital, and Cathay Innovation. Founded in Stockholm in 2016, FirstVet offers instant veterinary support […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/24/2024 07:12 EDT

Swedish carbon removal startup raises $5.5M seed to advance green digital assets

Stockholm-based Net Zero Company has secured $5.5 million in Seed funding, led by investors Oilinvest, VARO Energy, and SilviCarbon. The company leverages blockchain technology to offer Carbon Removal Tokens (CRT), which ensure transparency, traceability, and security in the market for verified carbon credits. With this funding, Net Zero Company plans to expand globally and introduce […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/24/2024 06:16 EDT

Norway’s Stepwise ignites innovation in energy sector emissions management with new investment

Stepwise, a Stavanger-based emissions management platform for the energy sector, has successfully completed a NOK 35 million capital raise. The platform empowers companies in the energy sector to reduce their carbon footprint through real-time monitoring, comprehensive tracking of emissions, and seamless integration with existing digital ecosystems. The funding round, comprising new equity, a convertible loan, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/24/2024 05:48 EDT

Swedish healthcare startup raises $9.5M seed to streamline administrative tasks for clinicians

Stockholm-based startup Tandem Health has recently secured $9.5 million in seed funding, with Northzone leading the investment round. Notable angel operators from OpenAI and Google DeepMind, along with the founder of Capio Sverige and healthcare VC Amino Collective, also participated in this funding. Tandem plans to use the funding to enhance its clinician copilot platform, scale […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 06/20/2024 02:22 EDT

Finnish startup secures €1.5 million pre-seed funding from notable backers to transform enterprise generative AI

ConfidentialMind, a Espoo-based generative AI software startup, has raised €1.5 million in a pre-seed funding round aimed at revolutionizing how enterprises and governments deploy generative AI applications. The investment, a combination of equity funding and a loan from the Finnish Government, will enable ConfidentialMind to accelerate its growth and expand its offerings beyond the cloud. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/19/2024 08:50 EDT

Europe’s largest tech hub Tech Zity Vilnius

In Vilnius, the capital of Lithuania, construction has officially begun on the largest technology and creative industries hub in Europe, Tech Zity Vilnius, spanning 55,000 square meters. Located on the site of the former sewing factory, Lelija, it is scheduled for completion in 2027, with the first phase, encompassing 16,500 square meters, set to open […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 3 place · 06/19/2024 07:47 EDT

Finnfund and DFC invest $15M in Kentegra to boost organic insecticide production in Kenya

Finnish development financier and impact investor Finnfund, alongside US development financier DFC, has invested $15 million in Kentegra Biotechnology Holdings LLC, a Kenyan company specializing in the production of natural pyrethrin from Dalmatian daylilies. This organic insecticide is crucial for sustainable agriculture, breaking down quickly without leaving toxic residues. The funding will enhance Kentegra’s production […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/19/2024 06:26 EDT

Estonian Bisly’s Series A funding fuels growth plans across Germany and the UK

Bisly, a smart building automation startup based in Tallinn, has raised €6.2 million in a Series A funding round led by Foxway founders Urvo Männama and Paul Padrik, alongside Aconterra, SmartCap Green Fund, Pinorena Capital, and several angel investors. This funding will support Bisly’s expansion efforts across Europe, particularly in Germany and the United Kingdom, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/19/2024 03:43 EDT

Finnish B2B distribution platform raises €3.9 million in funding to serve new generation of industrial buyers

Helsinki-based Droppe has secured €3.9 million in seed funding round led by OpenOcean with the participation from Lifeline Ventures and Illusian Family Office. The round was joined by leading operators and founders, including Miki Kuusi, Co-Founder of Wolt; Ilkka Paananen, Co-Founder of Supercell; Robert Gentz, Co-Founder of Zalando; and Marianne Vikkula, COO of Wolt; and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/18/2024 03:50 EDT

Estonian startup secures $5.5M to launch $COOKIE governance and utility token

Tallinn-based startup Cookie3 has secured $5.5M in funding to support the launch of its governance and utility token, $COOKIE. The funding includes $3.3M from seed and strategic rounds, with investments from top Web3 VCs such as Animoca Brands, Spartan Group, Mapleblock Capital, and Castrum Capital. Seed round investors include Spartan Group, Baboon VC, GSR, Hartmann […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/17/2024 06:13 EDT

Swedish deeptech startup Atium raises funding to revolutionize water purification from Mercury contamination

Atium, a Göteborg-based startup dedicated to sustainable mercury removal from water, has secured €593,8K (SEK 6.7M) in its latest funding round, led by existing investors Chalmers Ventures and Gladium, alongside new backers Butterfly Ventures, NextSTEP, GOKAP Invest, and 5J Holding. This funding will propel Atium’s mission to combat heavy metal pollution globally with its innovative […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/17/2024 04:59 EDT

Danish healthtech startup Rokoko Care secures investment from Trifork to advance AI-based physiotherapy

Copenhagen-based Rokoko Care has secured a strategic partnership with Trifork, a global technology partner, to offer digital physiotherapy treatments in patients’ homes. This partnership includes a significant investment from Trifork, giving them a 22% ownership stake in Rokoko Care. The collaboration aims to improve healthcare and quality of life through advanced technology, leveraging Rokoko Care’s […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/17/2024 03:38 EDT

Malmö’s Golden Concept partners with BLVCK Paris to launch exclusive all-black Apple Watch cases

Malmö-based Golden Concept and BLVCK Paris have joined forces to unveil a groundbreaking line of all-black Apple Watch cases, combining Swedish craftsmanship with Parisian chic. This collaboration will introduce exclusive black editions of Golden Concept’s top-selling Apple Watch cases, blending luxurious tech accessories with BLVCK Paris’s ‘All Black’ lifestyle apparel and accessories. The collaboration features […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/14/2024 06:04 EDT

RemotiveLabs raises €900K

RemotiveLabs, a trailblazer in modernizing software patterns for the automotive industry, has successfully secured €900k in its latest investment round. This funding round included previous investors Volvo Cars Tech Fund, Almi Invest, and Truckdoktorn AB, along with new investors Sandberg Development and S-E-Bankens Utvecklingsstiftelse. The Malmö-based company specializes in lightweight tooling that enables automotive software […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/14/2024 04:43 EDT

Finnish Profilence secures investment from Nordic Option to boost international expansion

Profilence, an Oulu-based software company specializing in optimizing the stability, performance, and energy consumption of Android-based devices, has secured a significant investment from Nordic Option. While the exact funding amount remains undisclosed, this strategic investment allows early-stage investors to exit the company. With Nordic Option, backed by major shareholders including Arvo Investment Cooperative, Partnera Plc, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/13/2024 09:13 EDT

New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, securing €6 million from limited partners (LPs). This significant milestone highlights a burgeoning interest in blockchain startups and suggests a bright future for the European crypto ecosystem. Led by […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/13/2024 08:34 EDT

Flow Computing raises €4M pre-seed

Flow Computing Oy, a Helsinki-based startup specializing in on-die ultra-high-performance parallel computing solutions, has announced a €4M pre-seed funding round. The investment, led by Butterfly Ventures and joined by FOV Ventures, Sarsia, Stephen Industries, Superhero Capital, and Business Finland, aims to accelerate Flow’s development of its Parallel Processing Unit (PPU) technology. This PPU architecture promises […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/12/2024 06:46 EDT

MinnaLearn partners with INCO and Google

MinnaLearn, a Helsinki-based learning company, partners with INCO and Google.org to launch the pan-European AI Tides program, aiming to train 600 social entrepreneurs across Europe in AI skills. The program, based on MinnaLearn’s Elements of AI course, seeks to democratize AI knowledge and empower social entrepreneurs to scale their businesses. With hands-on experience and a […] Read more ›

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