Innovatum Science Park, which specializes in industrial technology, has received €48.1K (SEK 14.6 million) in funding following its continued recognition as an excellence incubator for 2025-2029 by Vinnova. The incubator, part of Sweden’s National Incubator Program, focuses on supporting hardware startups, particularly in deep tech and additive manufacturing. With this new funding, Innovatum will further […] Read more ›
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Dead Astronauts, a Malmö-based game studio, has secured an oversubscribed €4 million seed round led by Behold Ventures. The funding round also saw participation from Lifelike Capital, 1Up Ventures, Acequia Capital, and angel investors including Are Mack Growen, Matt Bilbey, Klaas Kersting, Asbjoern Malte Soendergaard GDC, and Kristian Segerstrale The Malmö-based studio is developing VEIL, […] Read more ›
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The 2024 Visa She’s Next grant has once again highlighted the innovative spirit of female entrepreneurs in Finland. This year, three exceptional women have been recognized for their contributions to their respective fields, each receiving a €10,000 grant along with a year of business coaching through Feminvest. Tytti Tamminen, founder of Moneybee, is revolutionizing financial […] Read more ›
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Helsinki-based Sustashift has secured a funding round, led by Greencode Ventures with participation from Wave Ventures. The company focuses on automating CSRD reporting for businesses, offering a software solution that drastically reduces the time required for tasks like digital tagging, from 500 hours to just five seconds. The funding will support the scaling of this […] Read more ›
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GetWhy, a Copenhagen-based AI-powered consumer insights platform, has secured $8.45 million (60 million DKK) in debt financing from CIBC Innovation Banking. This follows its $34.5 million Series A round from PeakSpan Capital in 2024, bringing its total funding to $64.5 million. The company develops AI-driven tools for qualitative consumer research, offering video-based insights at a […] Read more ›
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Copenhagen-based Focalx has raised €1.8 million (13.5 million DKK) in a funding round led by byFounders, with participation from AI and SaaS investors, including Christian Brink Frederiksen and Tony Beltramelli. The company develops AI-driven car inspection technology aimed at reducing errors and disputes in vehicle damage assessments. Currently operating in eight markets, Focalx’s system detects […] Read more ›
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Tallinn-based startup DriveX has raised €1.2M to enhance its AI-powered windshield damage detection technology. The funding round, led by Carglass Estonia and supported by a development grant from the EIS Applied Research Program (RUP), will help DriveX expand its capabilities in vehicle inspections. The company’s technology assists insurers and repair services in assessing glass damage remotely, […] Read more ›
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SportIQ, a Helsinki-based sportstech startup known for its smart basketballs and data-driven shooting software, has been selected for the NBA Launchpad program, a six-month initiative designed to support emerging technologies in sports. The program will provide SportIQ with access to NBA resources to refine its technology, which already tracks player shooting performance using sensors in […] Read more ›
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Oslo-based startup Tana has raised €13.6 million in Series A funding, bringing its total to €24.3 million. The round, led by Tola Capital and joined by Lightspeed Venture Partners, Northzone, Alliance VC, and firstminute capital, will be used to further develop Tana’s AI-driven workspace, which integrates knowledge graphs, object-based note-taking, and customizable AI agents. Founded […] Read more ›
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Latvian startup Trace.Space has raised €4 million in seed funding from Cherry Ventures, Outlast Fund, Nebular, Fiedler Capital, and Change Ventures to improve requirements management for complex industrial products. The company’s AI-powered platform addresses inefficiencies in traditional systems by enabling real-time collaboration between manufacturers and suppliers, aiming to reduce delays in product development. With growing […] Read more ›
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Change Ventures and FIRSTPICK have released their latest Baltic Startup Funding Report, revealing that pre-seed funding in Lithuania, Latvia, and Estonia has stabilized after a period of decline. AI and deep tech startups continue to attract high valuations, while seed-stage funding has rebounded, with median round sizes reaching €2M. Despite investor caution, Lithuania and Latvia […] Read more ›
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Copenhagen-based Liva Healthcare has acquired UK-based Discover Momenta and Momenta Newcastle for an undisclosed sum, expanding its role in delivering evidence-based lifestyle intervention programmes. Both companies provide therapeutic support for chronic conditions such as obesity and Type 2 diabetes, with Momenta’s programmes widely used by NHS organisations and local authorities. The acquisition is accompanied by […] Read more ›
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Stockholm-based Froda has secured an expanded €150 million lending guarantee from the European Investment Fund (EIF), marking the first EU-wide microfinancing partnership of its kind. This deal, which adds €100 million to Froda’s previous €50 million guarantee, will enable the fintech company to provide critical funding to 10,000 SMEs across all 27 EU member states. […] Read more ›
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Cherry, a leading pan-European seed investor, has unveiled a fresh $500 million fund, doubling down on its ambition to propel Europe into the next era of technological dominance. With offices in Stockholm, Berlin, and London, Cherry has been a key player in the Nordic startup ecosystem, backing ventures such as Carbo Culture, Juni, Bits, and […] Read more ›
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Copenhagen-based legaltech startup Pandektes has raised €2.9 million in seed funding from People Ventures, Interface Capital, and a group of Nordic angel investors. The company has developed an AI-driven platform that helps legal professionals conduct research by providing access to case law, legislation, and legal insights across multiple jurisdictions. Founded in 2023 by Casper Laursen […] Read more ›
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Copenhagen-based Enduro Genetics has secured €12 million in Series A funding from Supernova Invest, NOON Ventures, and Sandwater to advance its microbial cell reprogramming technology. The company’s Enduro Sense platform addresses a key challenge in industrial biomanufacturing: productivity loss caused by genetic mutations in microbial populations. By linking cellular survival to high production levels, the […] Read more ›
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Aplagon, a Helsinki-based clinical-stage biopharmaceutical company focused on thrombo-inflammatory diseases, has closed a €7 million funding round led by Fåhraeus Startup and Growth (FSG) and the European Innovation Council (EIC) Fund. The round also included contributions from Finnish investors such as the Jenny and Antti Wihuri Foundation, Innovestor, and the Gösta Serlachius Fine Arts Foundation. […] Read more ›
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SportAI, a Norwegian B2B sports tech company, has raised $805K in grants from Innovation Norway and the Eurostars Eureka Network to advance its AI-powered platform for racquet sports technique analysis. This funding follows a €1.6M seed round in August 2024. The funds, which follow earlier seed investments in 2024, will support the company’s ongoing technical development, […] Read more ›
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Based in Oslo, AirDodge has raised $500,000 in a pre-seed funding round led by Nordic Makers and Antler. The company is developing a platform, U-Space, designed to manage drone traffic in European airspace, offering a real-time map of drone activity and simplifying flight permissions. The platform is aligned with EU regulations aimed at ensuring safe […] Read more ›
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Oslo-based Wastefront has received an investment from International Airlines Group (IAG) to develop its facility in Sunderland, where it will convert waste tyres into tyre-derived oil for refining into Sustainable Aviation Fuel (SAF). The plant, expected to begin operations in 2026, aims to process up to 10 million tyres per year, addressing a portion of […] Read more ›
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34% 0 |
Business Insider
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26% 2 |
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9% 7 |
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6% 3 |
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5% 3 |
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01.04.2025 22:57
Last update: 22:31 EDT.
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