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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/13/2023 08:01 EDT

Finnish medtech raises €10.7M Series B and hires new management team members

Espoo-based HVR Cardio has completed €10.7 million in a Series B round led by Innovestor Life Science Fund and Tesi, both headquartered in Finland. This is one of the largest rounds raised by a Finnish company in the med tech sector. The clinical-stage medical technology company develops Structural Heart cardiovascular products for transcatheter mitral valve […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/13/2023 07:05 EDT

Norwegian cleantech startup nabs $15M Series B co-led by GenZero and Ashton Kutcher’s Sound Ventures

Founded in 2017 and headquartered in Norway, the CHOOOSE platform announces its closing of €15 million in a Series B round co-led by Singaporean decarbonisation-focused investment company GenZero and SOUNDWaves, the sustainability-focused vehicle of Sound Ventures founded by actor Ashton Kutcher and Guy Oseary. Amadeus IT Group and Contrarian VC also participated in this round […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/12/2023 10:56 EDT

Industrifonden increases its investments

Based in Stockholm, Industrifonden announces its plan to increase its investments to over €53.1 million (MSEK600), dedicating approximately half of the capital to new ventures. The venture capital firm is targeting to lead from the front to accelerate deep techs’ metamorphosis into unicorns. Aiming to shape an early-stage venture capital ecosystem despite turbulent markets, Industrifonden […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/12/2023 10:10 EDT

Norwegian startup developing research assistance tool raises €14.4 million to use AI for accelerated scientific text understanding

Stabekk-based startup Iris.ai receives €2.4 million of funding in grants and up to €12M in equity investments from the 2022 EIC Fund. Founded in 2015, the startup offers an award-winning AI engine for scientific text understanding. The company uses Natural Language Processing/Machine Learning to review massive collections of research papers or patents that allow users […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/12/2023 09:12 EDT

Swedish gaming veterans receive seed funding from Silicon Valley investment firm

Stockholm-based Seidr has closed a seed investment led by Andreessen Horowitz, a venture capital firm that backs bold entrepreneurs building the future through technology. Seidr is a collective of Swedish gaming veterans dedicated to crafting the next generation of intense multiplayer experiences for PC and console. The startup will continue to create its next-gen cross-platform games. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/11/2023 09:36 EDT

Danish startup with CRISPR diagnostic technology is acquired by Boston-based genomic medicines company

Copenhagen-based next-gen CRISPR engineering startup Twelve Bio announces that it’s been acquired by US-born Ensoma and the two together completed a Series B financing of $85 million co-led by Arix Bioscience and 5AM Ventures. The round saw participation from existing investors including F-Prime Capital, Cormorant Asset Management, Viking Global Investors, Takeda Ventures, Inc., SymBiosis, Alexandria […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/11/2023 08:30 EDT

Norwegian high tech hydrogen startup raises $26M to scale up to full commercial operations

Oslo-based startup Hystar has collected $26 million in a Series B round co-led by AP Ventures and Mitsubishi Corporation with the participation of Finindus, Nippon Steel Trading, Hillhouse Investment, Trustbridge Partners and its existing investors SINTEF Ventures and Firda. The startup specializes in advanced PEM electrolysers for large-scale green hydrogen production. The funding will pave […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/10/2023 10:11 EDT

Helsinki-based commerce experience platform Nosto acquired Austria-based AI-powered product discovery platform Findologic for an undisclosed sum. Nosto’s technology enables online retailers to provide personalized shopping experiences to customers across every device, without any back-end integration. As for Findology, it develops advanced search solutions for online stores. The acquisition will allow it to speed up product […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/10/2023 08:56 EDT

Danish biotech startup grabs $40M to accelerate its effort on clinical proteomics

Odense-based startup Evosep welcomes Novo Holdings as a minority shareholder. The investment company puts $40 million to the table for the bioscience startup’s technology and application portfolio for clinical proteomics. Evosep develops new solutions to make clinical proteomics 100 times more robust and 10 times faster. The startup plans to use the funding to finance […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/09/2023 05:19 EDT

Swedish insurtech startup announces its strategic acquisition of systems provider to solidify commitment to Dutch market

Stockholm-based startup Lumera has acquired AxyWare, a renowned system supplier for Dutch pension funds. Lumera delivers unified policy administration environments that enable safe, continuous digital transformation as AxyWare is a full-service provider of administration and communication systems for pension funds and insurers. Through this acquisition, Lumera strengthens its commitment to the Dutch Life and Pensions […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/09/2023 04:35 EDT

Finnish startup is acquired by Norway-based multimedia group

Helsinki-based C2B used car auction marketplace AutoVex has been acquired by Schibsted which offers publishing and online classifieds services. The Norwegian media company now owns 79% of the Finnish startup. The platform helps consumers sell their cars for the best price whilst providing car dealers with a purchasing tool. AutoVex will continue its services in […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/05/2023 23:57 EDT

Arctic Therapeutics receives $13.3M

Akureyri-based startup Arctic Therapeutics has received a $2.7M grant and $10.6M funding from the extremely competitive European Innovation Council (EIC) Accelerator. The startup focuses on identifying the genetic underpinnings of both rare and common diseases to develop novel and innovative therapies. Arctic Therapeutics joins the very select circle of Europe’s high-potential Small and Medium Enterprises […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/05/2023 10:01 EDT

Lithuanian sustainable walking platform receives its first foreign fund investment

Vilnius-based startup Walk15 has raised €600K. EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT) joined the round with other investors. This is the first significant commitment of support and therefore, a partnership agreement, of one of Europe’s largest urban mobility funds in Lithuanian venture. Walk15 is a sustainable walking […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/05/2023 08:56 EDT

World-leading scientist and serial entrepreneur invests in Swedish medtech startup

Swedish Professor Mathias Uhlén is investing in Stockholm-based medtech startup Capitainer. The well-renowned scientist will be joining the advisory board of the company. The startup develops a microsystem-based technology that offers a solution for near-patient blood sampling e.g. at home. Patients can themselves conveniently leave blood samples (as dried blood spots) and send them by […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/04/2023 08:13 EDT

Practica Capital announces its €70M fund

Vilnius-based Practica Capital announces the launch of its new VC fund. The firm has marked the first closing of its third fund at €32M, targetting to reach €70M to help realize early-stage Baltic entrepreneurs’ ambition. Through Practica Venture Capital III, Pratica will be supporting Baltic-origin startups from pre-seed to A round operating on marketplace, SaaS […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 01/04/2023 07:21 EDT

Finnish food tech startup grabs €2.6M to scale its umami technology

Espoo-based sustainable food platform Nordic Umami Company has raised €1.8 million in a seed funding round led by the Nordic Food Tech VC with the participation of Heino Group Oy, Holdix Oy Ab, Vaens Oy and Anne Soininen. The Finnish startup also got an EU & Business Finland Next Generation grant of €800K which brings […] Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 2 place · 01/03/2023 08:47 EDT

Finnish startup secures pre-seed funding to help teams search smarter for lost knowledge

Helsinki-based startup Klu has raised pre-seed investment from Antler. The startup keeps information scattered across platforms organized to make it easily accessible for teams. The funding will allow Klu to continue building and launching its public beta on Jan 2023. Klu is currently taking closed-beta users only. Klu allows users to integrate their existing tools […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/03/2023 02:55 EDT

Norwegian legal tech startup raises €475K

Oslo-based legal support platform The Lawyer Guide has collected €47K at a valuation of €4 million through a crowdfunding campaign on Folkeinvest.no. The platform is an index of lawyers in Norway, Sweden, Denmark and Switzerland. The startup is planning to expand to more countries. TheLawyerGuide.com offers a platform for reviewing lawyers, similar to how Tripadvisor […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/21/2022 10:22 EDT

Swedish startup secures €700K seed for its gig platform

Stockholm-born Done closes €700K in a seed round led by Almi Invest. The startup is Europe’s first gig platform for qualified craftsmen that facilitates consumers’ home improvement projects from start to finish. The funding will help Done focus on marketing, especially in Sweden, and accordingly, enlarge its team. Done is targeting to boost sustainability by […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 12/21/2022 07:39 EDT

Does uncertain market situation affect angel investors’ decisions?

Finnish Business Angels Network (FiBAN) shared the results of its November member study. The results paint a general picture of the current investment sentiment of the member angel investors. According to this research, approximately 90% of FIBAN members are ready to invest if they find a suitable company. Despite the fog in the market, investors […] Read more ›

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29.11.2024 09:44
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