Doconomy, an impact fintech company based in Stockholm, has closed a €34 million Series B funding round to accelerate its sustainability capabilities in financial services. The round was co-led by UBS Next and CommerzVentures, with new investor S&P Global joining. Existing investors Motive Ventures, PostFinance, and Tenity also participated. Doconomy provides banks with innovative tools […] Read more ›
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Tallinn-based Eleport and Carrefour Polska have signed a strategic cooperation agreement to expand the electric vehicle (EV) charging infrastructure in Poland. The partnership will see 170 charging points installed at over 70 Carrefour-owned commercial facilities across 65 cities, promoting ecological transportation and enhancing access to EV charging stations. Carrefour aims to provide convenient, user-friendly EV […] Read more ›
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Audicin, a Helsinki-headquartered startup specializing in patent-pending audio treatments for nervous system regulation, announced the successful closure of a €520K pre-seed funding round. The investment round attracted notable investors, including Petteri Lahtela and Virpi Tuomivaara, co-founders of ŌURA Health, alongside other competence-based angel investors. The company’s innovative audio treatments are designed to deliver the benefits […] Read more ›
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Stockholm-based SaaS company CheckProof, specializing in digital Maintenance and HSEQ Management for the construction materials industry, has secured a significant investment from Viking Venture. The funding will be utilized to expand CheckProof’s platform across North America and Europe, enhancing operational efficiency, preventative maintenance, and regulatory compliance for their clients. Viking Venture, joining Granitor as a […] Read more ›
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Riga-based RivalSense has secured an angel round led by Change Ventures, with participation from Fiedler Capital and local business angels. Founded by Martins Vaivars and Arturs Prieditis, Techstars alumni with a background in machine learning, RivalSense offers AI-driven competitor tracking. Their platform delivers curated competitor insights weekly, covering pricing changes, product updates, new hires, regulatory […] Read more ›
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Realm, a Helsinki-based startup co-founded by former Slush leaders Miika Huttunen and Mikko Mäntylä, has raised €1.7M in funding to enhance its AI-powered knowledge search platform. The funding round was led by Lifeline Ventures, with participation from notable founders including those from Zalando, Snyk, Supercell, Wolt, and Pigment. The company’s product, also named Realm, acts […] Read more ›
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Copenhagen-based fintech startup ZTLment has secured €2.4 million in total pre-seed funding from investors PreSeed Ventures, Upfin, Giant Ventures, and strong business angels. ZTLment aims to pioneer compliant wallet infrastructure on decentralized rails for ordering and booking platforms. The funding will be used to eliminate the need for outdated banking infrastructures, facilitate programmable and peer-to-peer […] Read more ›
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Copenhagen-based Dreamcraft Ventures has successfully closed its Fund II at €66 million, exceeding its initial target. Since its inception in 2019, the firm has focused on supporting B2B software companies across Europe, particularly in the pre-seed and seed stages. Backed by prominent institutional limited partners such as Chr. Augustinus Fabrikker and various Family Offices, Dreamcraft […] Read more ›
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Adcendo, a Copenhagen-based biotech company specializing in antibody-drug conjugates (ADCs) for cancer treatment, has raised an additional €16 million in a second Series A extension. The funding round was led by Dawn Biopharma, a KKR platform, with participation from Novo Holdings, Ysios Capital, RA Capital Management, HealthCap, Gilde Healthcare, and Pontifax Venture Capital, bringing the […] Read more ›
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Natural Cycles, a Stockholm-based women’s health company, has secured €50.8 million in Series C funding led by Lauxera Capital Partners, with additional participation from Point72 Private Investments and a revolving debt facility from J.P. Morgan. This latest investment aims to enhance commercial growth, product innovation, and streamline healthcare reimbursement automation. Co-founded in 2013 by Dr. […] Read more ›
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Syre, a Stockholm-based textile impact company launched in March this year by Vargas and H&M Group, has secured a significant milestone with a $100 million Series A funding round. The investment, led by TPG Rise Climate, with additional contributions from founding investor H&M Group and strategic partners like Giant Ventures, IMAS Foundation, Norrsken VC, and […] Read more ›
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StartupBlink, the leading global startup ecosystem map and research center, has announced the launch of the Global Startup Ecosystem Index 2024, featuring rankings of 100 countries and 1000 cities. The Index, based on a rigorous and objective algorithm, empowers entrepreneurs, investors, and policymakers with reliable data. In the Nordics, Sweden remains the top-ranked country despite […] Read more ›
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Mapon, a Riga-based fleet management solution provider in Northern Europe, has acquired 100% of the shares of Trackon Fleet Management UAB, a Lithuanian company offering similar services. This acquisition strengthens Mapon’s market position in Lithuania and expands its customer base, positioning it as a leading industry player in the Baltics. Both companies provide fleet management […] Read more ›
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Kaunas-based regtech iDenfy has partnered with Henoscene, a blockchain-based enterprise-first SaaS platform, to integrate its KYC (Know Your Customer) software. This collaboration will enhance data protection and user verification on Henoscene’s platform, which is dedicated to promoting positive social and environmental outcomes. iDenfy’s advanced identity verification solutions, capable of verifying over 3,000 types of ID […] Read more ›
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RoadCloud Oy, an Espoo-based startup known for its real-time road weather and traffic information services, has been acquired by The Goodyear Tire & Rubber Company. This acquisition marks a significant milestone in RoadCloud’s journey, enhancing Goodyear’s capabilities in vehicle-to-road connectivity through tire intelligence. RoadCloud’s technology focuses on providing precise and timely data on road and […] Read more ›
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Oslo-based AI startup Iris.ai has successfully raised €7.64 million in a Series A funding round, bringing its total funding to €16 million. This latest investment, led by Silverline Partners and supported by the EIC Accelerator, will propel the company’s mission to streamline scientific research processing through its advanced AI language models. Iris.ai’s innovative platform addresses […] Read more ›
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AMLYZE, a Vilnius-based RegTech, has announced a strategic partnership with Stockholm-based fintech Aura Cloud. AMLYZE offers advanced anti-financial crime solutions for financial institutions, while Aura Cloud provides a next-gen AI digital banking platform to enhance financial services. This collaboration aims to enhance the fight against financial crime by leveraging AMLYZE’s advanced transaction monitoring and customer […] Read more ›
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Digmi, a tech company known for its innovations in the beauty and hair care industry, has named Jon Berglund as its new CEO. Berglund, the founder of Yaytrade, brings over 15 years of experience in senior positions within the tech and entrepreneurial sectors. He is expected to lead Digmi’s strategic planning and business development efforts. […] Read more ›
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Unmanned Defense Systems (UDS), a Vilnius-based advanced swarm detection company, has raised €3.2 million to scale its battlefield-tested UAVs and enhance AI-driven swarm integrations with modern battlefield management systems. The funding round includes €1.1 million personally contributed by Vytenis Buzas, creator of Lithuania’s first satellite, and Ernestas Kalabuckas, “Lithuanian CTO of the Year 2022”. Coinvest […] Read more ›
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Forte, a Finland-based AI startup and the creator of “Professional Life AI”, is thrilled to welcome Markus Räikkönen as its new CEO. With a strong background in working with international tech companies and previous experience from the VC industry, Räikkönen brings a global perspective and Silicon Valley mindset to the company. His expertise will be of […] Read more ›
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21.12.2025 07:58
Last update: 07:50 EDT.
News rating updated: 14:50.
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