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Nurcin Metingil @ ArcticStartup 2 place · 06/12/2024 06:15 EDT

Swedish startup’s $26 million Series A funding marks a turning point in cellular communication mapping

Moleculent, a Stockholm-based company focused on advancing the spatial mapping of cell-cell communication, has secured a significant milestone with the closing of its oversubscribed $26 million Series A financing round. This round was co-led by ARCH Venture Partners and Eir Ventures, with participation from existing investors. The funding will support Moleculent’s innovative functional biology platform, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/12/2024 05:43 EDT

CeLLife Technologies raises €2M seed

Tampere-based CeLLife Technologies has revolutionized battery cell quality control with its groundbreaking technology, securing €2 million in seed funding led by pan-European VC firm Ventech. CeLLife Technologies specializes in revolutionary battery quality control technology, enabling manufacturers to assess battery cell quality in seconds, significantly reducing waste and improving efficiency. The funding will support CeLLife’s expansion […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/12/2024 05:22 EDT

Swedish deep tech startup hires new CEO to launch energy-storing carbon fiber composites

Sinonus, a deep tech startup from Chalmers University of Technology and KTH, has appointed Markus Zetterström as CEO. With previous roles at Maurten and SKF Group, Zetterström brings extensive experience in strategy and transformation. He will lead Sinonus in commercializing their innovative carbon fiber composites that store electrical energy, enabling energy storage within structural components […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/12/2024 04:56 EDT

Light, a Copenhagen-based innovator in automated financial solutions, has announced a successful $13 million seed funding round to expand its pioneering AI-powered general ledger for multinationals. The oversubscribed round was led by Atomico, with contributions from Entrée Capital, Cherry Ventures, Seedcamp, and notable angels like Mario Götze. Light’s platform aims to revolutionize financial management by […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/12/2024 03:49 EDT

Swedish Fenix ​​Solar acquired by ECOKRAFT to enhance solar energy solutions

Fenix Solar, a Helsingborg-based company specializing in the monitoring and optimization of solar cell installations, has been acquired by ECOKRAFT, a Swedish solar energy supplier. This acquisition enhances ECOKRAFT’s offerings with Fenix Solar’s advanced technology for optimization and proactive error correction, allowing for more efficient and reliable solar energy solutions. Fenix Solar will continue to […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup · 06/11/2024 05:42 EDT

Danish biotech startup secures €7 million to lead sustainable aroma innovation

Copenhagen-based biotech startup EvodiaBio has secured €7 million in funding from a diverse group of investors, including Export and Investment Fund of Denmark, The March Group, Nordic Foodtech VC, Symrise AG, PINC, Thia Ventures, Newtree Impact, and Ananke. EvodiaBio specializes in producing natural aromas through precision fermentation, enhancing the taste of non-alcoholic beer while reducing […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/11/2024 04:21 EDT

Microsoft to invest record-breaking €2.9 billion in Sweden’s cloud and AI infrastructure, skilling 250,000 people

Microsoft has announced its largest investment in Sweden to date, with plans to invest €2.9 billion (33.7 billion SEK) over two years in cloud and artificial intelligence (AI) infrastructure. This initiative includes training 250,000 people in AI skills, aiming to accelerate Sweden’s adoption of AI and increase its long-term competitiveness in the AI era. The […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/11/2024 03:09 EDT

IPO market in Finland

The IPO market in Finland has experienced an unusually long quiet period. However, private equity and venture capital investors have identified numerous companies within their portfolios that they believe have the potential to go public in the coming years. There are indications that once the IPO window opens, many companies will be ready to list on […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/11/2024 02:26 EDT

German-Finnish Ex-F1 Champion Nico Rosberg’s investment accelerates Cardino’s drive to transform the used electric vehicle market

Nico Rosberg, the German-Finnish former Formula 1 champion turned sustainability entrepreneur, is making waves in the startup world through Rosberg Ventures. With a keen eye for transformative businesses, Rosberg Ventures focuses on sectors like AI, Software, Blockchain, Climate Tech, and Productivity, aiming to accelerate innovation and drive positive change globally. He has recently backed Berlin-based […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/10/2024 07:57 EDT

Sweden’s Creandum announces closing of €500M fund amid shifting market conditions

Stockholm-headquartered VC firm Creandum has announced the successful closing of its latest fund, Creandum VII, securing €500 million to support European startups at the Seed and Series A stages. This new fund arrives at a time of significant economic shift, marked by a tighter capital market and lower investment levels compared to the high liquidity […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/10/2024 07:21 EDT

Latvian Medon raises funding to expand digital healthcare solutions to India, UAE, and Saudi Arabia

Riga-based digital clinic Medon has secured €320K in funding from a group of successful local entrepreneurs. The startup, known for its digital clinic providing remote cardiovascular health consultations globally, plans to use this investment to expand its innovative healthcare solutions into India, the United Arab Emirates, and Saudi Arabia. The funding will help develop and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/10/2024 04:17 EDT

NUTRUMAMI raises €450K pre-seed

NUTRUMAMI, a Copenhagen-based startup specializing in plant-based nutrition and flavor enhancement, has successfully closed a €450K pre-seed funding round. The investment was led by Kost Capital and Planetary Impact Ventures. This funding will enable NUTRUMAMI to expand its team and prepare for full commercialization of its innovative products. The company is pioneering a new ingredient […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/10/2024 03:33 EDT

Danish Claimlane raises €1.8M seed to revolutionize product returns across Europe

Claimlane, a Copenhagen-based provider of return and warranty claim solutions for furniture and lifestyle brands, has successfully raised €1.8 million in a seed funding round led by Vendep Capital. Claimlane provides software solutions that simplify and automate the handling of product returns and warranty claims for furniture and lifestyle brands. This new capital injection will […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/10/2024 02:52 EDT

Lithuanian startup secures €3.2 million in oversubscribed seed round to advance AI-driven health data solutions

Vilnius-based Spike, a B2B data technology and AI startup, has announced the successful close of a €3.2 million oversubscribed seed round, co-led by Practica Capital and TheVentureCity, with participation from CEAS Investments, Plug & Play Ventures, Geek Ventures, and Axel Springer Porsche (APX). Spike provides healthcare and digital health businesses with AI solutions that are […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/07/2024 08:59 EDT

Norwegian startup secures €3 million to transform 3D creation with AI-driven innovation

Oslo-based 3D creation technology provider Sloyd has secured €3 million in seed funding, with participation from global investors SPEEDRUN, a16z GAMES’ gaming accelerator, Antler, Skyfall Ventures, FreshFund, AceCap, Hartmann Capital, and several high-profile angel investors. The round also included a strategic investment from Autodesk. Founded in 2021, Sloyd enables rapid design, customization, and implementation of […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/07/2024 08:30 EDT

ExpressionEdits raises $13M seed

ExpressionEdits, a biotechnology company optimizing protein expression using AI and proprietary intronization technology, announced a $13 million seed funding round co-led by Octopus Ventures and Redalpine, with participation from BlueYard Capital, Wilbe Capital, Acequia Capital, Amino Collective, and Hawktail. ExpressionEdits will use the funding to accelerate candidate selection for preclinical studies and develop a pipeline […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/07/2024 08:03 EDT

Estonian startup secures €3.8 million to enhance AI-driven defense technology

Tallinn-based defense tech company SensusQ has raised €3.8M from US-based New North Ventures and angel investors. SensusQ, which offers an AI-powered system to integrate data from various sources like UAVs and cyber events for defense applications, will use the capital to expand its team and meet market demand. The investment provides SensusQ with strategic support […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/07/2024 07:34 EDT

BlackWood Ventures raises €14,7M for its fund

BlackWood Ventures, a Copenhagen-based venture capital fund specializing in network and technology-driven investments, has announced the second closing of its debut fund, raising a total of €14,7 million (DKK 110 million). The fund focuses on identifying and investing in early-stage startups across Europe, using a systematic approach. This closing aligns the fund with its portfolio […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/07/2024 06:30 EDT

Swedish Fidesmo partners with Polar to enable contactless payments on sports watches

Stockholm-based Fidesmo has partnered with Kempele-based world leader Polar Electro to integrate its secure contactless payment technology into Polar’s sports watch wristbands. The new Polar Payment Wristbands, featuring Fidesmo’s NFC chip, allow users to connect their payment cards via the Fidesmo Pay app and make secure transactions at any contactless terminal. This collaboration leverages Fidesmo’s […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/07/2024 03:42 EDT

Copenhagen-based consumer research technology company GetWhy has secured $34.5 million in Series A funding from PeakSpan Capital. GetWhy leverages AI to provide rapid, cost-effective consumer insights for leading global brands like Nike, Heineken, and Coca-Cola. This significant investment will enable GetWhy to scale its AI-powered platform and further disrupt the $60 billion consumer research market. […] Read more ›

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21.12.2025 07:58
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