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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/13/2023 12:17 EDT

Swedish climatetech startup secures €14M to transform climate finance and accelerate cities’ transition to net zero

Stockholm-headquartered startup ClimateView has secured €14 million in funding to spearhead a transformation in climate finance. The startup aims to expedite cities’ shift towards zero carbon economies by leveraging data and systemic analysis, empowering them to strategize, oversee, and finance the transition to net-zero. Investors, including 2050, 115K (La Banque Postale), Sandwater, and PolarStructure, alongside […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/13/2023 07:02 EDT

Female-founded VC firm launches €90M to invest in science-based startups in the Nordics and Baltics

Helsinki&Stockholm-based early-stage venture capital firm Voima Ventures has raised €90 million for its third fund, reinforcing its commitment to supporting science-based startups in the Nordic and Baltic regions. Founded in 2019, Voima Ventures specializes in scaling innovative solutions from research labs to global markets and has a strong track record in early-stage investments, including success […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/13/2023 03:37 EDT

‘NORDEEP Summit 2023: Where Business Meets Tech and Science’

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/12/2023 11:44 EDT

Sana raises $28M Series B

Sana, an AI-powered learning and knowledge platform headquartered in Stockholm, has successfully secured an impressive $28 million in a recent investment round. The funding was led by NEA, and received additional support from Workday Ventures. With this latest injection of capital, Sana’s Series B funding has now reached an impressive total of $62 million, solidifying […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/12/2023 10:04 EDT

Cytovation raises $8 million

Bergen-based clinical stage immune-oncology startup Cytovation ASA has successfully secured an additional $8 million (NOK 85M) in a Series A funding round, with participation from existing investors Sandwater and Canica. This latest influx of funds brings the total Series A funding for the company to over $28 million. Cytovation, which emerged as a spin-off from […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/09/2023 09:45 EDT

Norwegian startup raises €1 million in public funding to enhance its drone delivery services

Trondheim-based startup Aviant recently announced a significant milestone in their journey, securing a substantial €1 million in public funding from Innovation Norway. The achievement further solidifies Aviant’s position as a key player in the drone logistics sector. Having previously attracted €2.3 million during a seed round led by Luminar Ventures, with participation from Bring Ventures […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/09/2023 07:58 EDT

Danish startup secures €4.5M seed funding to scale its green hydrogen technology

Copenhagen-based startup Dynelectro has successfully secured €4.5 million (DKK 34M) in a seed funding round which saw support from prominent investors, including the Danish state fund EIFO, the esteemed German fund Vsquared, and its existing backer, PreSeed Ventures. The Danish startup has carved a niche for itself by offering clean and efficient energy solutions as […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/06/2023 13:27 EDT

Latvan startup expands e-commerce solutions with a strategic acquisition

Printful, a print-on-demand platform based in Riga, has recently completed the acquisition of Snow Commerce, a well-established managed service provider known for its expertise in designing and managing the e-commerce presence of renowned brands such as Paramount, Warner Bros. Discovery, and NBCUniversal. This strategic move will enable Printful and Snow Commerce to offer a comprehensive […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/06/2023 12:51 EDT

Finnish proptech secures record-breaking $175M to power the future of vacation rental excellence

Hostaway has successfully secured a whopping $175 million in a strategic growth investment. This impressive funding round, the largest ever in the vacation rental platform sector, was led by PSG, a leading growth equity firm known for its collaborations with software and technology-enabled services companies. Hostaway is an all-in-one vacation rental software and management system […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/06/2023 12:20 EDT

Fixably raises $10M

Helsinki-based after-sales SaaS startup Fixably has successfully raised a significant $10 million in funding. The round attracted a diverse range of global investors, including 468 Capital, Cusp Capital, icebreaker.vc, and Business Finland. provides globally recognized after-sales SaaS solutions, empowering repair providers and recommerce companies with innovative software to streamline operations and extend the lifespan of […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/30/2023 11:13 EDT

Estonia’s website-building platform is acquired by TextMagic for €1.1 million

Tartu-based startup Voog has been acquired by software company TextMagic AS in a deal worth approximately €1.1 million. The acquisition includes the purchase of all shares from 16 shareholders, some of whom are Voog’s own employees. Despite the change in ownership, Voog’s eight-member team will retain their positions within the company. Voog, a website and […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/30/2023 10:29 EDT

Einr is acquired by Accenture

Oslo-based startup Einr AS is set to join forces with global professional services company Accenture, as the latter aims to expand its SAP supply chain and logistics capabilities in the Nordics. The acquisition, whose terms were not disclosed, is expected to enhance Accenture’s expertise in utilizing SAP technologies to optimize the flow of products within […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/30/2023 09:26 EDT

Swedish healthtech startup secures €1.5M to combat surgical complications and transform patient recovery

Stockholm-based health tech startup Encare has recently secured a substantial investment of €1.5 million, signaling a vote of confidence in its mission to transform the landscape of surgical care. This funding round, facilitated by Sciety which is an investment company committed to supporting the growth of life science companies in the Nordics, saw the participation […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/26/2023 08:57 EDT

Finnish startup secures €3.8M to spearhead energy waste reduction and drive green transition

Vensum, a Helsinki-based startup dedicated to advancing energy technology and propelling the transition to a greener future, has successfully secured an impressive seed funding round totaling €3.8 million. Led by Lifeline Ventures, the round attracted prominent investors including Grid.vc, Harjavalta Oy, and Business Finland. Founded in 2018, Vensum Power has been at the forefront of […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/26/2023 08:29 EDT

The future of work: modern work requires modern benefits

What steps have you taken in order to retain the talent working for your company? According to Coor’s ‘Join the Workplace Revolution’ report (2022), “36% of employees are prepared to change jobs if no improvements occur in the office in the next two years”. Finding the right match from a limited pool of available talent […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/26/2023 05:48 EDT

Norwegian startup secures significant investment to empower water management with its real-time analytics solutions

Stavanger-based startup InfoTiles has secured investment for the development of its real-time analytics software, aimed at addressing and preventing global water-related challenges. The undisclosed amount of investment, led by Dutch venture capital firm 4impact Capital, along with participation from Norwegian investors ProVenture and industrial-utility company Lyse, will enable InfoTiles to enhance its technology and expand […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/25/2023 10:26 EDT

Swedish biotech startup raises €1.3M to advance antibiotic-free vaginal infection treatment

Lund-based deep tech startup Gedea Biotech has raised €1.3 million. The funding round saw participation from both existing and new shareholders, including Family Offices and Business Angels with a proven track record as life science investors. With the aim of addressing bacterial vaginosis, Gedea Biotech has focused its efforts on creating pHyph, a vaginal tablet […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/25/2023 07:09 EDT

Danish biotech startup secures €6 million seed funding to tackle HERVs, prominent tumor-specific antigens

Copenhagen-based biotech startup InProTher has successfully raised €6 million in its seed round of funding. The investment comes from private investors, including the BioInnovation Institute (Novo Foundation) and Vaekstfonden (Denmark), as well as the European Innovation Council (EIC) Fund, underscoring the confidence in the company’s potential. InProTher aims to revolutionize the field of immuno-oncology by […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/24/2023 09:51 EDT

UTIlizer raises €608.2K

UTIlizer AB, a spin-off company originating from Sweden’s Royal Institute of Technology in Stockholm, has successfully raised €608.2K (7 million Swedish kronor) from a distinguished consortium of backers, including ALMI Invest, life science angel investors, and Propel Capital (STING) network. This health tech startup is revolutionizing the field by developing cost-effective diagnostic solutions for urinary […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/24/2023 08:44 EDT

Lithuania-based startup secures €1.1 million in funding and strengthens its presence in Poland

Vilnius-based startup Traxlo has successfully wrapped up its pre-seed funding round, raising €600K and closing at €1.1 million. In addition to their existing investors like Iron Wolf Capital, Antler, and Red Pill VC, they have also attracted new investors such as Black Pearls VC based in Poland and a US-based angel investor. Traxlo operates through […] Read more

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