Vilnius-based isLucid has completed its pre-seed funding round, with €265,000 contributed by Coinvest Capital alongside investments from Business Angels Fund, Katalista Ventures, Agmis, and other angel investors. The funding will support isLucid’s expansion into Scandinavian and non-English-speaking markets and further development of its AI-powered platform for contact centers. The company’s tools analyze customer interactions, assist […] Read more ›
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The edtech platform House of Math, based in Oslo, has secured €4.1M (NOK 45M) in a series A round led by Marius Steens Steenco alongside its existing shareholders. The startup’s gamified platform offers tutoring for students in primary school, lower and upper secondary school and higher education. The investment will allow House of Math to […] Read more ›
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Vilnius-based data analytics startup Repsense has secured €500K in a round led by Iron Wolf Capital and Coinvest Capital. The Lithuanian startup utilizes data science, field research, and machine learning to enhance the brand reputation of leading global businesses. The funding will fuel the startup’s product development and expansion across the globe. Repsense seeks to […] Read more ›
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Stavanger-headquartered startup Gateway.fm has collected $4.6 million in a seed round led by Lemniscap with the participation of CMT Digital Ventures, the LAO DAO, Folius Ventures, TRGC, Metaweb Ventures, Very Early Ventures, Factor Ventures, Fantom Foundation and Unstoppable Domains Ventures among others. The startup builds the next generation of web3 infrastructure and tooling products to […] Read more ›
4
Gothenburg-based foodtech startup CarbonCloud has collected €7.5 million in a Series A round led by Cusp Capital and Peak. The round also saw participation from Rivus Ventures and current investors Maki VC and TS Ventures. The startup’s SaaS solution enables detailed calculations of climate footprints of food products and production processes. The funding will allow […] Read more ›
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Enerpoly, a battery startup from Stockholm, and Austrian smart photovoltaic startup, EET – Efficient Energy Technology have received €870K in grant funding from the Eurostars-3 program. The funding will be used for the ZincMate project, which aims to create an energy storage device that can be used by all households in Europe. Eurostars is a […] Read more ›
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Helsinki-based startup Valo Therapeutics, pioneering adaptable immunotherapies for cancer and infectious diseases, has secured a substantial funding injection of €2.23 million from the European Innovation Council to advance its cutting-edge PeptiCHIP technology. The innovative diagnostic platform has the potential to revolutionize the identification of a tumor’s antigen presentation profile, which would help to drive the […] Read more ›
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Malmö-based software startup Rekonnect has raised €413.4K (4.6MSEK) in a successful pre-seed funding round. The round saw participation from Curus, LOOP Capital, Fast Track Capital, AngCell Ventures, and several angel investors including Ingela Hallberg, Emil Sjödin, and Björn Andersson. By bringing together healthcare professionals, resellers, distributors, and medical technology manufacturers in a secure, centralized digital […] Read more ›
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Trace.Space, a software startup for complex engineering product development, has raised $1.5M in pre-seed funding to build AI-enabled, API-first software for industrial and automotive product manufacturers. Trace.Space’s platform will offer AI-powered tools for managing 80% of the product development lifecycle, helping manufacturers build and deliver new products to the market faster. This funding round, the […] Read more ›
2
Ampler and Kõu Mobility Group, two Estonian-based micromobility companies, have partnered to strengthen their position in the fast-growing micromobility industry and make zero-emission commuting accessible for everyone. The companies have signed an investment and share-swap agreement, with Kõu Mobility Group becoming the new majority shareholder of Ampler. Estonian startup Ampler will continue to focus on […] Read more ›
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Tallinn-based startup Coinmetro has recently announced its acquisition of Ignium, a blockchain-based fundraising platform for small and medium-sized enterprises (SMEs). Through a tokenized ecosystem, Coinmetro provides users with a friendly gateway, allowing them to get involved in the crypto and wider fintech space with an ease of access not yet seen in the industry. The […] Read more ›
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Copenhagen-based startup Reshape Biotech has made waves by raising $7.1M to add to its $1M seed funding round, creating a new national record of $8.1M. This accomplishment was made possible thanks to the support of Acme Capital, as well as top investors Nicholas Francis, founder of Unity, Per Falholt, and Look Up Ventures, which includes […] Read more ›
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Tallinn-headquartered startup ÄIO has secured €1 million in a seed round from investors including Nordic Foodtech VC, EAS and other partners. The startup develops food products from by-products of the wood and the agricultural industry. ÄIO has outlined its plans for expansion, which include increasing production capacity, partnering with the food industry to test its […] Read more ›
2
Aarhus-based fintech startup Lunar has raised €35 million to accelerate its expansion plans and reach profitability sooner. The funding round was backed by a range of investors, including HEARTLAND, Kinnevik, Tencent, Seed Capital, Augustinus Fabrikker, Greyhound Capital, and Socii Capital. Led by its founder and CEO Ken Villum Klausen, the Danish challenger bank is an […] Read more ›
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Espoo-based construction project management platform Infrakit Group Oy has been granted a capital loan of up to €6 million by the Finnish Climate Fund. The startup offers real-time situation awareness and data flow to and from the construction site, shared by all project parties. The loan will help Infrakit enhance the sustainability features of the […] Read more ›
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Helsinki-based biotech startup TILT Biotherapeutics has raised €12 million including €5.9 million equity from the European Innovation Council (EIC) Fund, a €2.1 million grant from EIC’s Accelerator programme, investments from Stephen Industries Inc Oy and ACME Investments SPF Sà rl. This follows on from the first close of EUR 10 million in June 2022. The financing […] Read more ›
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Located in Järvenpää, Fiberwood has collected €3M million in late seed funding led by Metsä Group’s innovation company Metsä Spring. Stephen Industries and Business Finland also participated. The startup is a producer of 100% ecological wood fibre insulation and packaging materials made from mechanical wood industry side streams. The allocated funds will enable Firewood to […] Read more ›
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Aarhus-headquartered fintech startup Mazepay announces its €4 million growth round led by Scale Capital with the participation of international investment firm Hambro Perks, and London-based early-stage venture capital firm Outward VC. The platform simplifies long-tail procurement and B2B payments for customers. The funding will accelerate Mazepay’s expansion plans across Europe. Founded in 2018 in Aarhus, […] Read more ›
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Espoo-headquartered startup Ment, formerly Contract Mill Oy, has been acquired by Texas-based firm M-Files, a global leader in information management. This new addition to the M-Files family means that Ment’s document automation capabilities represent a significant addition to their portfolio of solutions, delivering a more complete suite of tools created with knowledge workers in mind […] Read more ›
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Growblocks, the fintech startup hailing from Copenhagen, has just secured a whopping $6 million in seed funding during a round led by Project A Ventures. This investment will offer a breath of fresh air to chief financial officers who have been struggling with inaccurate revenue projections. The round saw an impressive turnout of participants, including […] Read more ›
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Copenhagen-based startup Uniify has raised €3 million in a seed round led by People Ventures, Forward VC and Spring Capital. The round saw participation from angel investors including Jannick Malling and Leif Abraham, the founders of public.com and Heini Zachariassen, the founder of Vivino. The startup offers a one-stop platform that makes it fast, easy […] Read more ›
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Business Insider | 31% 2 |
Tech Wire Asia | 13% 4 |
CNET | 9% 2 |
Gizmodo | 6% 2 |
The Verge | 6% 1 |
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29.11.2024 09:29
Last update: 09:21 EDT.
News rating updated: 16:21.
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