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08.12.2025 − 14.12.2025
ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/08/2025 04:40 EDT

Skycore Semiconductors raises €5M seed

Copenhagen-based Skycore Semiconductors has raised €5M in seed funding to commercialize its Power Integrated Circuit (IC) technology built for next-generation AI data centers moving toward 800V HVDC architectures. The round was led by the Amadeus APEX Technology Fund, with participation from First Momentum, Mätch VC, and Balnord, bringing the company’s total funding to €7.5M. Skycore […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/06/2024 09:24 EDT

Swedish Doconomy secures major Series B funding to boost sustainability efforts in financial services

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/06/2024 06:02 EDT

Estonian startup joins forces with Carrefour to expand EV charging network across Poland

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/06/2024 05:02 EDT

All-female founded Finnish startup secures $565K pre-seed funding to revolutionize wellbeing with innovative audio treatments

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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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/06/2024 04:30 EDT

Swedish SaaS firm CheckProof raises capital for North American and European growth

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/05/2024 03:35 EDT

RivalSense raises funding

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/04/2024 09:44 EDT

Realm raises €1.7M

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/04/2024 09:19 EDT

ZTLment raises €2.4M pre-seed

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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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/04/2024 08:31 EDT

Danish Dreamcraft Ventures closes Fund II at €66 million, exceeds target to support B2B software startups across Europe

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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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/04/2024 08:03 EDT

Danish biotech startup secures additional €16M to advance groundbreaking ADC cancer treatments

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

Sweden’s healthtech startup bags €50,8M in Series C to expand hormone-free birth control offerings

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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ArcticStartup
Nurcin Metingil @ ArcticStartup · 06/03/2024 09:00 EDT

Swedish startup secures $100M Series A funding, shortlists Vietnam and Iberia for gigascale plants in textile recycling revolution

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/03/2024 06:25 EDT

Global Startup Ecosystem Index 2024: Nordics and Baltics show resilience and potential in rankings

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/03/2024 04:39 EDT

Mapon acquires Trackon

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/30/2024 08:37 EDT

Lithuanian iDenfy teams up with Henoscene to fortify security and trust in blockchain campaigns

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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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 05/30/2024 08:00 EDT

Finnish startup joins forces with Goodyear in strategic acquisition to enhance tire intelligence

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/30/2024 07:37 EDT

Norwegian Iris.ai raises €7.64 million in Series A funding to revolutionize scientific research with AI

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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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/30/2024 06:08 EDT

Lithuanian regtech AMLYZE partners with Swedish fintech Aura Cloud to enhance financial crime prevention

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/29/2024 02:28 EDT

Digmi appoints Jon Berglund as CEO

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/27/2024 05:38 EDT

Lithuanian defense innovator Unmanned Defense Systems secures €3.2M to advance UAV technology

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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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 05/27/2024 04:24 EDT

Markus Räikkönen becomes CEO of AI startup, Forte, spearheading rapid growth

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 04:55
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