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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Espoo-based startup Woamy has raised €1 million in a seed round led by CMPC Ventures and joined by Secto Design Oy. The startup is an Aalto University spin-out formerly known as the Foamwood project that brings to the market a biobased foam material to replace harmful plastic foams. The startup has set ambitious goals for […] Read more ›
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Copenhagen-based startup VenomAid Diagnostics has raised $1 million in funding from a select group of private Business Angels and the philanthropic venture fund Good Ventures LLC. The startup empowers medical personnel to perform early and correct treatment of snakebites by detecting which venom, if any, is present in the blood of the patient, even before […] Read more ›
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Caidio, a Finnish technology start-up with a subsidiary in Shanghai, has partnered with Shanghai Urban Construction Materials, a leading provider of construction materials in Shanghai, to decrease carbon emissions and improve the efficiency of concrete production. Shanghai Urban Construction Materials, a subsidiary of Shanghai Tunnel Engineering, is well-positioned to support the growing demand for more […] Read more ›
2
Aerones has demonstrated for the first time a robot that offers full-service leading-edge wind turbine blade maintenance and repair. The robot performs maintenance 5x faster than humans and makes use of various attachments to perform different tasks, including refinishing blades with RELEST® coatings from AkzoNobel. The robot is able to perform maintenance and repair for […] Read more ›
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With a focus on technology and food innovation, Green Planet Astronauts has built something that big food and beverage giants are only dreaming of. In a short time, the company has developed a growth engine from its monthly subscription DTC service, which also expanded to Sweden last year. Next, the company is taking over more […] Read more ›
2
Oslo-born startup Chew, offering digital cooking courses for children, announces its plans to buy Finnish startup Carrot Kitchen which is a mobile cooking buddy for kids. Norwegian startup provides a platform where children can learn cooking through video lessons with Christer Rødseth. As for Helsinki-based SaaS startup helps junior chefs learn cooking through the app. […] Read more ›
2
Stockholm-based animal-friendly startup Lassie is expanding its services to Germany. It offers the first pet insurance that – in addition to providing coverage – helps pet owners reduce preventable illness and injury in their pets. From now on, dog and cat owners in Germany have the opportunity not only to insure their beloved four-legged friends […] Read more ›
2
Vilnius-based startup Okredo, an open data platform that merges open data, open banking, and credit bureau functionalities, aims to give SMEs in the UK a competitive advantage by offering access to the most recent data about other UK businesses. The startup will start by introducing business linkages reports, international credit and sanctions reports, enriched with adverse […] Read more ›
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Stockholm-based medical device startup Tada Group AB has raised around €894K (10MSEK) from angel and institutional investors. Tada Group is a spin-off company from the Clinical Innovation Fellowships, an EIT Health Flagship Initiative and develops an intravenous (IV) therapy device named ReLink which is a breakaway connector, designed to increase the safety, accuracy, and efficiency […] Read more ›
2
Stockholm-based loan refinancing platform Anyfin has collected €30 million in a Series C round led by its existing investor Northzone. The round saw participation from Accel, EQT Ventures, FinTech Collective, Quadrille Capital, Augmentum FinTech and new investor Citi Ventures. With the latest capital injection, the startup’s total equity funding raised up to €106M. Anyfin’s system […] Read more ›
3
Stockholm-based startup Scrintal has secured €1 million in a seed funding round led by Spintop Ventures, and joined by existing investor Icebreaker VC along with Jacob Hellqvist. The startup allows professionals and teams to move from idea to presentable work on the same screen by combining visual canvases with documentation. The funding will fuel up […] Read more ›
2
Vänersborg-based startup SunRoof has collected €13.5 million extension from three European leading climate tech investors World Fund, Nordic Alpha Partners and Legal & General Capital. The startup builds powerful 2-in-1 solar roofs and innovative façades that generate electricity, replacing the need for a traditional roof. With this new investment, SunRoof’s total growth round now amounts […] Read more ›
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Vilnius-based medtech startup OxipitAI has collected €3.5 million from VC fund Taiwania Capital. The startup creates AI tools for global medical imaging. The funding will help the company accelerate its growth and welcome new teammates and customers. In 2019, the startup secured €1.7M in seed funding from Practica Capital, Koinvesticinis fund and angel investors which […] Read more ›
2
Tallinn-based startup Grünfin has raised €2 million in a round led by its existing investors Norrsken VC, Specialist VC, Lemonade Stand with the participation of new investors including Sie Ventures and HoneyBadger VC alongside other angel investors. Grünfin is a sustainable investing platform for people who care about their impact. The funding will help the […] Read more ›
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Latvian Startup Association “Startin.LV” shared last year’s Latvian Startup Report, which includes 356 startups registered in Latvia and backed by the data resources such as Investment and Development Agency of Latvia, Lursoft, Office of Citizenship and Migration Affairs, Register of Enterprises, State Revenue Service. According to the report, Latvian startups raised a total of €92 […] Read more ›
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Stockholm-based consumer health and wellbeing startup Sigrid Therapeutics has raised €536.3K (MSEK10.6) in an oversubscribed rights issue for accelerated SiPore® commercialization from both existing and new investors including recently appointed Chairman, Mattias Ankarberg. Sigrid is a clinical-stage consumer-oriented health tech pioneering a new class of engineered materials to prevent and treat metabolic diseases and disorders, […] Read more ›
2
Copenhagen-based startup Multiscription has collected €1.5 million in a round led by Sisu Game Ventures with additional funding from Swedish Tigrim and the state-backed, independent fund Vækstfonden. Multiscription is a mobile games-focused startup founded by games industry veterans Teis Mikkelsen and Martin Walfisz that aims to reshape the mobile games landscape by bridging the gap […] Read more ›
21
Reykjavik-based startup with e-scooter sharing services Hopp gets financial aid from Nefco, the Nordic Green Bank. The startup provides small business owners around the world the opportunity to launch their own e-scooter franchise business in their local area. The loan from Nefco will pave the way for the startup’s expansion across Europe. Hopp is an […] Read more ›
0
Järfälla-based marketplace platform Dropmed closed a second round from new investors along with the existing one. The investors include Diamond Head, deeply rooted in the medtech industry and led by Sting alumni Tommy Forsell, and Mainly AI, the artificial intelligence network building AI-driven applications, led by computer science professor Paul Petersson Fersman and Elena Fersman, […] Read more ›
15
Kausala-based startup Lekatech collects funding from Finnish technology company Normet Group offering a continuous improvement to underground construction and mining processes for increased safety, productivity and profitability. Normet becomes a minority shareholder of the startup. Lekatech’s linear electric technology for hammering applications aims to revolutionize different end products in the mining and construction industries. The […] Read more ›
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Tech Wire Asia
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33% 11 |
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25% 3 |
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6% 0 |
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5% 0 |
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4% 0 |
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29.11.2024 11:32
Last update: 11:26 EDT.
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