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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 3 place · 05/27/2024 03:51 EDT

Finnish startup secures €7.7M growth funding to propel sustainable materials into international markets

Järvenpää-based materials technology startup Fiberwood has secured €7.7 million in growth funding from existing investors Metsä Spring and Stephen Industries, alongside public financiers. Founded in 2019, Fiberwood is on the brink of entering its commercial phase, aiming for international expansion. The company specializes in producing sustainable insulation and packaging materials from forestry side streams and […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/27/2024 03:22 EDT

Baltic Deep Tech Report 2024

The newly released Baltic Deep Tech Report, unveiled at the Latitude59 startup conference, showcases the remarkable growth of the region’s Deep Tech, AI, and Climate Tech sectors. Co-authored by dealroom.co and Iron Wolf Capital, with contributions from Startup Estonia, Commercialization Reactor, and WALLESS, the report highlights a dynamic landscape with a substantial increase in investment […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/23/2024 08:57 EDT

Swedish startup files for bankruptcy and announces sale of its drone technology assets

Aerit, a Stockholm-based pioneer in drone technology for last-mile deliveries, has filed for bankruptcy due to funding challenges amidst a difficult economic climate. Known for its advanced proprietary drone hardware and software, Aerit aimed to revolutionize delivery services by offering efficient and eco-friendly solutions. With bankruptcy proceedings underway, the company’s assets, including its innovative drone […] Read more

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 05/23/2024 03:06 EDT

Finnish biotech scaleup nets €36M to tackle global protein shortage with mycoprotein innovation

Espoo-based mycoprotein company Enifer has secured €36M in funding to build a €33M factory in Kirkkonummi, Finland, to produce its sustainable PEKILO® fungi-based protein. The funding round includes €15M from Taaleri Bioindustry Fund I, Nordic Foodtech VC, Voima Ventures, Valio, and Laine Holding, along with a €7M loan from the Finnish Climate Fund and a […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/22/2024 12:05 EDT

FinestLove VC announces €10M VC fund

FinestLove VC has launched a 10 million euro fund to support high school and university student startups in the Finest Bay Area, aiming to nurture the next generation of founders. Led by General Partners Peter Vesterbacka and Kustaa Valtonen, the fund plans to launch 100 funds totaling 1 billion euros. Initial investments will range from […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/22/2024 10:01 EDT

Estonia CARÁ Health secures €620k seed funding to enhance maternity support services and expand into DACH region

Tallinn-based CARÁ Health, a comprehensive health and wellness resource supporting women throughout maternity, has raised €620k in a seed funding round led by Tera Ventures, with participation from Startup Istanbul founder Burak Büyükdemir via StartupIst Ventures. This funding brings their total raised to €750k. CARÁ Health provides evidence-based information, curated product suggestions, podcasts, masterclasses, and […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/22/2024 04:16 EDT

Lithuanian startup mergers with Apolo to lead AI-powered sales, following record €2.5M pre-seed funding

Vilnius-based Evergrowth has merged with Apolo Mktng. Evergrowth specializes in AI-driven B2B sales solutions, while Apolo focuses on AI-powered personalized marketing. The merger aims to integrate Apolo’s advanced AI technologies into Evergrowth’s platform, enhancing their ability to deliver personalized, data-driven sales strategies. This combined expertise positions them to lead the market in AI-powered sales and […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/21/2024 08:22 EDT

Finnish startup appoints André Parris as Global Head of Business Development

Kuva Space, a Helsinki-based hyperspectral satellite and AI-powered insights company, has appointed André Parris as its new Global Head of Business Development. With a distinguished background in geospatial business development at Bloomberg, Planet Labs, and Descartes, Parris brings a wealth of experience to Kuva Space. His expertise will be pivotal in accelerating the commercialization of […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/21/2024 07:48 EDT

Reactive Technologies, a London and Oulu-based company, has raised £25 million in a Series D funding round led by M&G’s Catalyst investment, with contributions from BGF and Breakthrough Energy Ventures. The company specializes in grid stability measurements through its GridMetrix® technology, which provides real-time monitoring to enhance grid stability and reduce renewable energy curtailment. The […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/21/2024 05:42 EDT

Danish biotech startup raises €4.9M to scale sustainable alternative to petrochemicals

Søborg-based biotech startup Cellugy has secured €4.9M in seed funding from leading investors including ICIG Ventures, Unconventional Ventures, Joyance Partners, PSV DeepTech, The Footprint Firm, and EIFO. Cellugy specializes in developing natural, biofabricated cellulose-based solutions to replace fossil-based materials in various industries. The funding will be used to scale up production of their EcoFLEXY dry […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/21/2024 05:03 EDT

Arctic15 Pitching Competition 2024 top15

Arctic15 is fast becoming a pivotal event in the startup ecosystem, serving as a launchpad for innovative ventures to secure growth opportunities. Each event brings together a valuable crowd united by a common goal: fostering innovation and supporting emerging technologies. Investors benefit from discovering nascent startups that have yet to gain significant visibility, as well […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/20/2024 09:07 EDT

Swedish startup secures €3 million seed funding to revolutionize AI-based software testing

Stockholm-based AI startup QA.tech has raised €3 million in a seed round led by PROfounders, with participation from Curiosity and byFounders, along with angel investors Mads Johnsen, Jon Åslund, Robert Lagerström, Sven Perkmann, and Jens Saltin. QA.tech, founded in 2023, develops AI-based testing tools for applications and SaaS services, automating tasks traditionally performed manually. The […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/20/2024 08:02 EDT

Lithuanian Pixevia raises funding to expand in DACH region

Pixevia, an AI retail technology company based in Vilnius, Lithuania, has raised €1.5 million in a funding round. The investment includes contributions from Coinvest Capital, Omni Commerce Ventures, Rita Sakus, Iron Wolf Capital, Open Circle Capital, Vladas Lašas, and Renaldas Zioma. Pixevia, known for its AI-driven, cashier-less checkout technology and real-time receipt system, will use […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/17/2024 07:36 EDT

Estonian VOOL secures investment from Alexela in strategic partnership to enhance EV charging infrastructure

Tallinn-based EV charging startup VOOL has secured €300,000 in funding from Alexela, an energy company founded in 1990. This investment will support VOOL’s infrastructural and technological growth as it develops comprehensive EV charging solutions, including hardware and software. VOOL’s software allows for cost-effective charging based on power market pricing, making the transition to electric vehicles […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/17/2024 06:54 EDT

Zero Terrain granted €1.98M

Tallinn-based Zero Terrain has partnered with the Estonian government to develop Estonia’s first pumped-hydro energy storage project, a key initiative in Estonia’s renewable energy strategy. The partnership, formalized through a Memorandum of Understanding (MoU), aims to address market challenges and secure funding for the innovative Zero Terrain Paldiski 500MW underground long-duration energy storage plant. The […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/17/2024 04:09 EDT

Stockholm-based legaltech startup Leya has successfully secured $10.5 million in a seed funding round led by Benchmark, with additional investments from Hummingbird, SV Angel, and Y-Combinator. Leya develops an AI assistant that integrates into lawyers’ workflows to handle routine knowledge tasks, providing precise legal data and references, and allowing legal professionals to focus on strategic, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/17/2024 03:39 EDT

GYMPAK partners with Global Sales House

Gympak, the innovative clothing and tech company based in Helsingborg, is ramping up its presence in the Nordic region by partnering with Global Sales House and appointing Joachim Svensson as Sales Director. This strategic move aims to enhance Gympak’s reach in the hotel, spa, and resort industries while accelerating product innovation. Svensson, bringing a wealth […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/16/2024 09:00 EDT

Cellbox Labs raises €935K pre-seed

Cellbox Labs, a biotechnology startup based in Riga, Latvia, has recently secured €935,000 in pre-seed funding to advance its organs-on-a-chip technology for drug development. This investment round, led by Buildit and supported by the Latvian Business Angel Network, underscores the growing interest in Cellbox Labs’ innovative approach. Organs-on-a-chip are miniature replicas of human organs that […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/16/2024 08:12 EDT

Nanordica Medical raises €1.75 million

Tallinn-based medtech startup Nanordica Medical has secured €1.75 million in funding to bring its pioneering wound care products to market. Led by Specialist VC with participation from Superangel and Amalfi, the investment will support the launch of Nanordica’s advanced antibacterial dressings, designed to treat severe wounds more effectively. Combining copper and silver nanoparticles, their solution […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/15/2024 09:55 EDT

Gorilla Capital invests in Finnish game studio, boosting educational apps for children worldwide

Gorilla Capital has announced a strategic investment in BeiZ Oy, the developer of Lola Panda educational games for children. With over 40 million downloads in ten language areas, Lola Panda games help children learn to read, count, and solve problems in an engaging way. This investment will support the development of Lola World, a new […] Read more

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21.12.2025 05:26
Last update: 05:20 EDT.
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