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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NEOGAP Therapeutics, a Stockholm-based biotech company, has secured nearly €500K (SEK 5 million) in funding from Eurostars for a collaboration project with the French biotech company Okomera. NEOGAP is developing pTTL, a personalized cell therapy utilizing modified proteins to activate the immune system against cancer cells, currently undergoing phase I/II clinical trials for colorectal cancer. […] Read more ›
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Arevo AB, a Stockholm-based biotech company, has raised €6.6 million in funding, including €3.1 million from new investor Industrifonden and an additional €3.5 million from existing owners Navigare Ventures, Fort Knox, Stora Enso, and Kempestiftelserna. The company specializes in precision nutrition products that enhance plant growth and reduce environmental impact by improving nitrogen uptake in […] Read more ›
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In 2023, Iceland’s startup ecosystem underwent a notable transformation following the previous year’s surge in venture capital activity. Despite a global slowdown in venture funding, Iceland saw a decrease in the number of deals compared to the previous five years, with only 21 deals recorded, the lowest in half a decade. However, amidst this decline, […] Read more ›
0 newcommer
Scaleup Finance, a Copenhagen-based startup, has raised an $8 million Pre-Series A round led by Inveready, with participation from Crowberry Capital, Seed X, PROfounders, Fin Capital, and CircleRock Capital. Launched in 2021, Scaleup Finance offers a platform to streamline financial planning and analysis for startups and scaleups, with a focus on automating financial reporting and […] Read more ›
0 newcommer
Cemvision, a Stockholm-headquartered company specializing in green cement production, has secured a €10M seed round from investors BackingMinds, Polar Structure, and Zacua Ventures, marking the largest known green cement seed round to date. Cemvision’s innovative technology reduces CO2 emissions by over 95% compared to traditional Portland cement, while maintaining durability and performance, using recycled industrial […] Read more ›
0 newcommer
Keystone Education Group, based in Norway, has acquired Edunation and Asia Exchange, both prominent providers in the global education sector. Edunation, founded in 2017, specializes in facilitating access to Finnish education, offering pathways for international students to study and work in Finland. Asia Exchange, established in 2007, focuses on providing study abroad opportunities in various […] Read more ›
0 newcommer
Copenhagen-based PatentRenewal has secured €1 million in funding from The Export and Investment Fund of Denmark (EIFO) to bolster its IP management solutions. This investment, received in June 2023, complements the €2 million Seed funding from Vendep Capital in February 2023. The company specializes in simplifying the patent renewal process for IP owners and law […] Read more ›
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Lumoa, a customer experience platform based in Helsinki, Finland, has been acquired by Netigate, an experience management solutions provider headquartered in Stockholm, Sweden. This acquisition is a significant development for Lumoa, known for its innovative Generative AI technology, as it merges with Netigate to enhance feedback analysis and decision-making capabilities for businesses across Europe. With […] Read more ›
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Dema, a Stockholm-based predictive analytics platform for e-commerce, has secured €7 million in a seed round led by J12 Ventures and Daphni, along with a group of high-profile angel investors. The company offers a no-code tool for e-commerce companies seeking profitable growth, providing game-changing insights and future predictions. With this funding, Dema aims to further […] Read more ›
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Buddywise, a Stockholm-based company, has secured €3.5 million in a seed round led by J12 and Kvanted, with participation from existing investors Aligned and Antler, as well as angel investors including Hans Stråberg, Hans-Olov Blom, and Eric Quidenus-Wahlforss. The company specializes in transforming workplace safety across Europe through AI and computer vision, offering real-time risk […] Read more ›
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Perfat Technologies, a Helsinki-based foodtech company, has secured a €1 million seed funding round led by Nordic Science Investments, with support from Helsinki University Funds and other existing investors. The company specializes in developing innovative solutions to produce healthy and functional fats for the food industry, aiming to replace or reduce the use of unhealthy […] Read more ›
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Denmark is poised to become a global hub for AI innovation with the establishment of a national center in collaboration with NVIDIA, housing one of the world’s most powerful AI supercomputers. This strategic partnership aims to accelerate research and innovation across sectors, from healthcare and life sciences to the green transition, tackling some of the […] Read more ›
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Helsinki-based Steady Energy has secured a €10M investment in a funding round led by Lifeline Ventures and Yes VC. The company specializes in delivering carbon-neutral heat to homes, offices, and industrial applications through its innovative nuclear engineering solutions, particularly its LDR-50 nuclear reactor, which operates at low temperatures and pressures. This funding will be used to […] Read more ›
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BLIXT, a pioneer in software-defined power systems, has secured €5 million in seed funding from investors including Union Square Ventures (USV) and Energy Revolution Ventures (ERV). The company, founded in 2018, focuses on transforming the electricity sector with innovative technologies such as the world’s first miniature solid-state circuit breaker and advanced voltage control systems. BLIXT’s […] Read more ›
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Ingrid, a Stockholm-based delivery experience platform, has raised a €21 million funding round led by Verdane, a European specialist growth investor, alongside Schibsted Ventures. Ingrid’s platform connects retailers, carriers, and consumers to optimize e-commerce delivery experiences, processing over 130 million orders for more than 250 retailers. The funding will support Ingrid’s international expansion across Nordic […] Read more ›
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Tallinn-based climatetech company eAgronom has joined forces with Gardskapital, a Stockholm-based alternative lending firm, to spearhead the adoption of regenerative farming practices among Swedish farmers. This collaboration aims to introduce eAgronom’s advanced soil regeneration and agroforestry techniques to farmers across 20,000 hectares of arable land in Sweden this year. With Sweden being a key agricultural […] Read more ›
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Maria01 has evolved into an even more nurturing nest for startups. According to their recent impact report, the community housed more startups last year than ever before, with a growing number of new applications in their backlog. Maria01 offers the best possible support a startup could ask for, a critical factor given the current uncertain […] Read more ›
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Umeå-based game studio Crypto Rogue Games has successfully concluded a $1.5 million seed funding round, attracting prominent investors such as Merit Circle and Avalanche. Other participants in the funding round include SNZ, Coinfund, Lyrik Ventures, Devmons, and Bryan Pellegrino, CEO, and co-founder of Layer Zero. Specializing in the creation of web3 gaming experiences, the studio […] Read more ›
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BotGuard OÜ, a cybersecurity software company based in Tallinn, has secured €12 million in Series A funding led by MMC Ventures, with participation from Tera Ventures, Expeditions Fund, and angel investors including Stefan Lindeberg. The company specializes in helping web hosting providers manage and protect their infrastructure from malicious threats. With this funding, BotGuard OÜ […] Read more ›
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Stockholm-based sustainable drone delivery startup Aerit has teamed up with foodora and Tele2 to push forward the use of drone delivery across Europe. The partnership means that from May, people in Värmdö Kommun can use their foodora accounts to request drone deliveries by Aerit, using Tele2’s connectivity. These deliveries will be conducted over distances where […] Read more ›
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21.12.2025 10:25
Last update: 10:20 EDT.
News rating updated: 17:20.
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