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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/23/2024 08:24 EDT

Red Rover Interactive raises $15M

Red Rover Interactive has recently secured over €14 million in a Series A funding round. This significant investment was led by KRAFTON, a major player in the gaming industry which published several notable video game titles including PUBG: Battlegrounds, and included participation from Tirta Ventures, Overwolf, and several existing investors such as The Games Fund, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/23/2024 07:47 EDT

Finnish HappySignals raises €12M for global expansion in human-centric IT experience management

HappySignals, a Helsinki-based company specializing in Human-Centric IT Experience Management, has secured a significant investment of €12M. This funding round was led by Mandatum Asset Management, with additional contributions from existing investors Nauta and Vendep Capital. HappySignals aims to revolutionize IT decision-making by focusing on human-centric data and AI. They plan to utilize this funding […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/23/2024 07:27 EDT

Denmark Formalize secures €15M series A funding to expand compliance operations platform

Aarhus-based Formalize, formerly known as Whistleblower Software, has secured a €15M Series A investment led by BlackFin. The company specializes in providing a comprehensive compliance operations platform that automates compliance workflows and processes for various regulations such as NIS2, GDPR, ISO27001, and SOC2, aiming to streamline operations and improve efficiency for organizations. The funding will […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/22/2024 09:00 EDT

Finnish Daze raises pre-seed funding to enhance online returns experience

Daze, a Helsinki-based startup based in Helsinki, recently raised pre-seed funding from investors such as Antler and Wave Ventures. The Finnish startup focuses on streamlining the online returns experience by offering a service that collects items directly from customers’ homes, bypassing the need for packaging or labels. The funding injection will support the company in […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/22/2024 08:26 EDT

Lithuanian CTO2B secures €1 million pre-seed funding for automated DevOps platform

CTO2B, a Vilnius-based startup offering a SaaS platform for automated DevOps on cloud infrastructure, has successfully closed a €1 million pre-seed funding round led by Practica Capital, with participation from FIRSTPICK and several business angels. The company’s platform aims to simplify infrastructure management for businesses by eliminating the need for specialized cloud infrastructure skills, enabling […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/19/2024 07:24 EDT

Flatpay raises €45M Series B

Copenhagen-based fintech startup Flatpay has secured a significant €45M Series B funding round led by Dawn Capital, a seasoned investor with a track record of backing successful fintech companies like Tink and iZettle. Seed Capital and other investors also participated in this round. Flatpay distinguishes itself by offering SMBs payment software with no setup fees […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/19/2024 06:05 EDT

Estonian Outl1ne becomes subsidiary of Net Group in AI-focused merger

Tallinn-based Outl1ne has been acquired by Net Group, a move set to enhance Outl1ne’s position in the AI landscape. This acquisition will see Outl1ne operating as a subsidiary of Net Group while retaining its individual identity. Outl1ne, known for its expertise in creating intelligent digital services and products, will now have access to greater resources […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 3 place · 04/19/2024 05:30 EDT

Investors back Swedish Saveggy’s mission to reduce food waste with innovative edible coating

Saveggy, a Lund-based foodtech startup, has raised €1.76 million in funding from investors like Unconventional Ventures, LRF Ventures, Almi Invest GreenTech, and industry angels. They’ve created an innovative edible coating for fruits and vegetables that prolongs their shelf life, addressing the significant issue of food waste. With this funding, Saveggy aims to scale up its […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/19/2024 05:05 EDT

Lithuanian fintech startup raises €1 million pre-seed to empower SMEs in e-commerce

Softloans, a Vilnius-based fintech startup, has secured a €1 million pre-seed investment round led by venture capital fund Firstpick, with strategic contributions from business angels. The company provides an embedded revenue-based lending solution aimed at helping small and medium-sized enterprises (SMEs) access working capital, particularly in the competitive e-commerce landscape. The funding will be used […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/19/2024 04:27 EDT

Latvian startup inGain secures funding to expand no-code SaaS platform for lending

Riga-based fintech startup inGain, formerly known as FIS.solutions, has raised €650K in funding from Trind VC, Fiedler Capital, the Latvian Business Angels Network, and several business angels. The company offers a no-code SaaS loan management system for fintech companies and businesses seeking to offer lending to their customers. This investment will be used by inGain […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/18/2024 07:33 EDT

HoloSurge gets €8.9 million grant

HoloSurge, a collaboration of European technology and healthcare leaders, has received a substantial €8.9 million Horizon Europe grant. Their goal is to enhance surgical planning and outcomes using HoloCare‘s 3D organ hologram technology. This innovative approach has already shown promise, with a significant reduction in the time required to align organs during liver surgeries compared […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/17/2024 04:10 EDT

NPHarvest raises €2.2M

NPHarvest, a spin-off from Aalto University, has raised €2.2M in funding, consisting of a €1.3M equity investment and a €900,000 grant from the Finnish Ministry of the Environment and their RAKI program. The round was led by Nordic Foodtech VC, with participation from Stephen Industries and Maa- ja vesitekniikan tuki ry. The company has developed […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/16/2024 08:39 EDT

VCs forecast a 60% investment boost in Baltic startups in 2024

A survey of 51 investment funds across Europe indicates that VC investments in Baltic startups could increase by up to 60% in 2024. This means that after a slow investment year that was 2023, VC investments in the Baltic region could return to 2022 levels when Baltic startups raised 2,164 billion euros in total. The […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 04/16/2024 08:08 EDT

Sweden’s Gympak appoints Krister Azelius as chairman, and accelerates international expansion

Gympak, a Helsingborg-based clothing and tech company, has appointed lawyer Krister Azelius as its new chairman of the board to facilitate its international launch, which is ahead of schedule. The company, known for its innovative products for travelers and businesses, has received significant interest from Nordic hotels and businesses, leading to higher-than-expected orders. Azelius, with […] Read more ›

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

Blackswan Space raises €760K pre-seed

Blackswan Space, a Vilnius-based space tech startup, has secured €760K in pre-seed funding led by Scale Wolf, a fund for defense tech, with participation from Linas Sargautis, co-founder of NanoAvionics, and Lemonade Stand, Baltic Sandbox Ventures, and Vladas Lašas – a serial entrepreneur and angel investor. The company specializes in developing advanced software products for complex […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/16/2024 04:10 EDT

OlsAro, a Gothenburg-based agtech startup, has secured a €2.5 million seed round led by Future Food Fund and PINC, the venture arm of Paulig, with participation from AgFunder, FLORA Ventures, Mudcake, and existing investors. The company specializes in developing crop varieties, starting with a salt-tolerant wheat, using AI-enabled forward genetics to address food security challenges […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/16/2024 02:44 EDT

top countries to launch a startup

Embarking on the entrepreneurial journey comes with its share of challenges, from financial management to avoiding burnout. To assist aspiring business owners, Business Name Generator has conducted a comprehensive analysis of 52 countries worldwide, identifying the most favorable and challenging locations to launch a startup company. This study considers various factors such as business tax […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/15/2024 09:10 EDT

Gilion raises €10M

Gilion, a Stockholm-based company, has raised €10 million in equity funding, bringing their total raised funds to €40 million. Their investors include both existing supporters like Annika Falkengren and new backers such as Oscar Werner, Göran and Henrik Garvner, and Andrew Konopelski. Gilion’s core mission is to support tech companies by providing them with insights […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 04/15/2024 04:17 EDT

Reshape raises $20M series A

Reshape, a Copenhagen-based biotech startup, has raised $20 million in a Series A funding round led by Astanor Ventures, with participation from Y Combinator, R7, ACME, 21stBio, and Unity co-founder Nicholas Francis. The company, founded in 2018, specializes in developing a robotic imaging system that assists scientists in automating visual inspections for lab experiments. Their […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/15/2024 03:14 EDT

Mimo raises €18 million

Mimo, a financial management platform catering to small and medium-sized businesses (SMBs), recently secured £15.5 million (€18 million) in funding. This investment round was led by Northzone, with participation from Cocoa Ventures, Seedcamp, Upfin VC, and several angel investors, including individuals associated with successful companies like Stripe, GoCardless, Wayflyer, and Anyfin. Mimo’s platform is designed […] Read more ›

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