Helsinki-based startup CurifyLabs Oy has recently announced that it has been awarded a grant from the European Innovation Council (EIC) Accelerator Programme. CurifyLabs is committed to automating and streamlining the drug compounding process, making personalized treatments better, safer and easier to produce. This grant will be used to further advance the company’s MiniLab solution for […] Read more ›
2
Helsinki-based Norsepower Oy Ltd has secured €28 million in a successful Series C fundraising round led by Mirova, an affiliate of Natixis Investment Management. Other participants in the round included The Finnish Climate Fund (Ilmastorahasto), OGCI Climate Investments, Nefco, Tesi, and Power Fund III. Norsepower is a global provider of mechanical sails for large ships, focused […] Read more ›
2
Mýsköpun, an Icelandic biotech startup, has secured $700,000 in funding from a round led by the New Business Venture Fund. Other investors, including Upphaf, Jón Ingi Hinriksson ehf, Jarðböðin, and Fjárfestingafélag Þingeyinga, also participated. The company has been researching algae for several years, with a particular focus on isolating, analyzing, and cultivating microalgae from Mývatn. […] Read more ›
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Helsinki-based startup Inven has collected €1.5 million in a seed funding round which is the largest ever seed round raised by a team of founders all under 25 in Finland. The round was led by Lifeline Ventures, the VC behind Finnish success stories such as Wolt, Smartly, and Supercell. The startup offers a financial data […] Read more ›
2
Copenhagen-born climate tech startup Agreena has successfully raised €46 million in a Series B round led by HV Capital, a Germany-based multis-stage investor. In the round, the startup welcomed new investors including impact fund AENU and fintech-focused Anthemis. Existing shareholders, such as Gullspång Re:food, Kinnevik, and Denmark’s Export and Investment fund, also contributed. Agreena’s platform allows […] Read more ›
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Copenhagen-headquartered SaaS scaleup PatentRenewal has secured €2 million from Vendep Capital, a Finnish early-stage investor. The company offers streamlined and efficient IP renewal services through its user-friendly web-based system, utilizing advanced automation technology and aiming to incorporate specialized AI. With the provided support, PatentRenewal is targeting to continue its expansion. PatentRenewal.com has developed an easy-to-use […] Read more ›
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Stockholm-based open banking platform Open Payments has raised €3 million in a growth round led by Industrifonden, Sweden’s venture capital fund with participation from Sony Financial Ventures –Global Brain’s venture capital fund- along with its existing investors. The startup provides the market infrastructure required for successful open banking. The funds will be allocated towards enhancing […] Read more ›
1
Copenhagen-based startup Dreamdata has secured €7 million in a Series A round led by Curiosity, an Amsterdam-based venture capital firm known for investing in innovative AI startups. The round also saw participation from InReach Ventures, Crowberry, Seedcamp, Futuristic.vc and Preseed Ventures. The startup offers marketers a platform that gathers, joins, and cleans up the data […] Read more ›
3
Copenhagen-based startup Lun Energy has secured €10.3 million in seed funding to help decarbonize homes across Europe. The Danish climate tech firm’s backers include Partech, Norrsken VC, Lowercarbon Capital, MCJ Collective and previous investor Foundamental. The company’s software solution aims to facilitate the sale, planning, and installation of heat pumps by tradespeople with fewer truck […] Read more ›
2
Joensuu-based Carbonaide, a VTT spin-out company, has raised €1.8 million in seed funding, which will be used to integrate their CO2 curing technology into an automated production line in Hollola, Finland. Carbonaide’s technology enables the production of carbon-negative concrete by using industrial side streams and carbon dioxide capture, utilization, and storage technology. The round was […] Read more ›
8
In 2022, Finnish angels invested 37 million euros in 248 growth companies, says the latest study conducted by the Finnish Business Angels Network (FiBAN), collecting answers from 450 private investors out of FiBAN’s 670 members. 7% of FiBAN members’ investments were made outside of Finland. The most popular countries were Estonia, Sweden, and the United […] Read more ›
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Vilnius-based clean tech startup Viezo has secured an undisclosed amount of investment in a recent funding round led by Rockstart, an Amsterdam-based early-stage investor that empowers purpose-driven founders in the energy, agrifood, and emerging technologies domains, along with CoInvest Capital, a Lithuanian VC fund, and 7 LitBAN angels. Viezo has developed vibration energy harvesting technology […] Read more ›
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Copenhagen-based startup Humani raised €2 million from investors including Dreamcraft Ventures to enhance its AI engine. The startup was established by Danish entrepreneurs Anders Mayntzhusen, Mik Strøyberg, and Christian Sejersen, with the goal of making personal development accessible and affordable to everyone. The funding will be utilized to further enhance Humani’s state-of-the-art AI engine, which […] Read more ›
6
Oslo-based startup 1X Technologies, formerly Halodi Robotics, has closed $23.5 million in a Series A2 funding round led by the OpenAI Startup Fund with participation from Tiger Global and a consortium of Norway-based investors including Sandwater, Alliance Ventures, and Skagerak Capital. The startup produces androids capable of human-like movements and behaviors. The funds will be […] Read more ›
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Vilnius-based fintech startup HeavyFinance has raised €3 million in a seed funding round led by Practica Capital, a venture capital firm. The startup connects a global investor community with European farmers. The company’s ultimate goal is to reduce 1 gigaton of CO2 emissions by 2050 HeavyFinance plans to use the funding to expand its reach […] Read more ›
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Arctic Farming is an AgriTech startup based in Otaniemi, founded in 2019 by a team of experts in the space industry with a mission to revolutionize the way food is produced on Earth and beyond by making vertical farming mainstream. Their innovative solution (patent pending) enables anyone to grow fresh herbs, leafy greens, or berries […] Read more ›
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Kavall, a fast delivery startup in Stockholm, has been acquired by its competitor Mathem. Kavall has offered delivery of groceries in just 10 minutes, from its own stores to the customer’s door, while Mathem is a tech-driven supermarket that offers a flexible e-commerce service for, among other things, groceries, kitchen products, and home furnishings. The […] Read more ›
1
Helsinki-based health tech startup MVision AI has secured €5.4 million in post-seed funding from J12 Ventures and Voima Ventures to expand its innovative cloud-based AI-powered radiotherapy planning solution. With its automatic segmentation tool, the technology uses artificial intelligence to streamline cancer treatments, significantly reducing waiting times from weeks to days. The scalable platform has already […] Read more ›
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Stockholm-based startup Klimato has recently secured €4.2 million in funding to further expand its international presence. Klimato offers a cloud-based platform that enables food service providers, restaurants, and food producers to measure, report, and reduce their carbon footprint. The funding round was led by Global Cleantech Capital (GCC) with support from existing investor Almi Invest […] Read more ›
3
Stockholm-based cloud-based cybersecurity platform Baffin Bay Networks is acquired by Mastercard, one of the world’s leading payment processing companies. The move is aimed at providing businesses with more comprehensive protection against cyber threats and attacks, which are becoming increasingly sophisticated and difficult to combat. With the acquisition of Baffin Bay Networks, Mastercard is expected to […] Read more ›
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Most popular sources
Business Insider
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30% 2 |
Tech Wire Asia
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20% 8 |
CNET
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8% 1 |
Tom's Hardware
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5% 2 |
Android Authority
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5% 2 |
| View sources » | |
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29.11.2024 00:49
Last update: 00:40 EDT.
News rating updated: 07:41.
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