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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Vilnius-based startup Watalook has collected €3 million in a seed round led by Danish byFounders and Lithuanian Practica Capital. The round also saw participation from Dutch Crossspring and Lithuanian Motieka Investment Fund as well as some business angels. The startup connects beauty professionals and their clients into a single online platform enabling them to manage […] Read more ›
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Copenhagen-born biotechnology startup MinervaX has secured €22 million in an equity funding round co-led by new investors Trill Impact Ventures and Pureos Bioventures and includes existing investors REPAIR Impact Fund (Novo Holdings), Sunstone Life Science Ventures, LF Investment, Wellington Partners, Sanofi Ventures, Adjuvant Capital and Industrifonden and gets loan facility with access to up to […] Read more ›
22
Copenhagen-headquartered bio-industrial startup EvodiaBio has secured $6.4 million in a financing round led by Nordic Foodtech VC and joined by the BioInnovation Institute, a Danish accelerator funded by the Novo Nordisk Foundation and several international industry players, including the German flavor house Symrise that steps in as strategic investor. The startup produces sustainable, natural aromas […] Read more ›
0
Reykjavik-based startup Driftline has raised $800K in a seed round, $350K of which were from Icelandic investors and $450K in grants from public research funds. The app offers a patent-pending technology that allows new and professional sports people to access heart rate analytics in the use of their training and performance analysis. Driftline will use […] Read more ›
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Stockholm-based personalized learning platform Sana closes $34M in a Series B round led by Menlo Ventures with the participation of its existing investor EQT Ventures and several founders and operators. Sana is an AI-powered learning platform that empowers organizations to find, share, and harness the knowledge they need to achieve their missions. The startup intends […] Read more ›
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Stockholm-based cell-free synthetic biology platform EnginZyme has collected €21 million in a Series B round from Almi Invest GreenTech, Navigare Ventures and Bunge Ventures as well as its existing investors Sofinnova Partners, Industrifonden and SEB GreenTech VC. The biotech startup develops biomanufacturing processes for the sustainable manufacturing of everyday products. This latest capital will help […] Read more ›
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Helsinki-based fintech Membrane Finance has raised €2 million in a seed funding round from Maki Ventures. The startup also announces its newly approved license to build the first-ever regulated EUR-based stablecoin in the European Union. The company is granted the FIN-FSA Electronic Money Institution license. This makes Membrane’s product, called EUROe, the first regulated EUR-based, […] Read more ›
0
Choosing to pursue a Master of Business Administration (MBA) degree is a crucial step in becoming a prospective manager. However, the initial investment and dedication needed to study an MBA course are worthwhile if you seek to compete in today’s highly competitive business world. Getting an MBA will bring you countless opportunities, especially if it […] Read more ›
0
Stockholm-based product traceability and supply chain transparency platform TrusTrace signs with KappAhl to contribute the sustainability goal of theirs. TrusTrace empowers brands and suppliers around the world to standardize how supply chain and material traceability data is captured, digitized and shared. This partnership will strengthen KappAhl’s sustainability initiatives and provide the company with infrastructure that […] Read more ›
5
Espoo-based telehealth platform Medixine has raised €5 million in a round that was fully subscribed for in one week. The growth funding round was launched through Springvest, which was founded to meet the financing needs of growth companies and the desire of investors to participate in the story of growth companies. The share issue will […] Read more ›
27
Stockholm-founded startup Einride has secured $200M in equity from new investors and existing shareholders including Swedish pension fund AMF, EQT Ventures, Northzone, Polar Structure, Norrsken VC and Temasek, and $300M in debt financing signed with Barclays Europe, which is the largest asset-backed facility to date for heavy-duty electric vehicle. Einride designs, develops and deploys technologies […] Read more ›
2
Reykjavik-based startup Treble Technologies has secured €8 million in a seed round led by Iceland’s Frumtak Ventures with the participation of NOVA, the venture arm of Saint-Gobain and several angel investors. This round also includes a €2.5 million grant from the EIC. The startup develops next generation sound simulation and spatial audio technology for digital […] Read more ›
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Oslo-based proptech startup Speiz has secured €1.3M in a seed funding round led by F-LOG Ventures, under the wider FIEGE Logistik investment wing. Iron Wolf Capital and Lithuanian VC firm Angel Fund also participated the round. To date, the Norwegian proptech has raised approximately €1.8M including investments from Antler, Startup Lab and TRK Group (Managed […] Read more ›
5
Riga-based startup Giraffe360 has raised $16 million in a Series A funding round led by pan-European VC firm Founders Fund which has invested in many major companies including Airbnb, Spotify and SpaceX. The round also saw participation from its existing investors LAUNCHub Ventures, Hoxton Ventures, HCVC (Hardware Club) and Change Ventures. Giraffe360 gets is launching […] Read more ›
1
Scania, truck maker driving the shift towards a sustainable transport system, has launched Scania Growth Capital II which will also be managed by East Hill Equity. This new €183.6 million (SEK 2 billion) venture capital fund will feed companies and entrepreneurs in the tech-enabled B2B space with an ambition to be become market leaders. With […] Read more ›
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Reykjavik-born HorseDay has collected $700K in a funding round led by New Business Venture Fund (Nýsköpunarsjóður) with the participation of investors including angels. The startup helps trainers of Icelandic horses track training session, plan training ahead, register shoeing, register medical activity or note down whatever is relevant for caretaking of horses. HorseDay intends to use […] Read more ›
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Stockholm-based startup Volta Trucks has raised €60 million in its Series C extension which brings the company’s total investment to over €360 million to date. This additional support was from all its current investors. Volta Trucks builds a full electric truck specifically to be used in and around cities and urban areas. Earlier this month, […] Read more ›
0
Copenhagen-based startup Iconfinder has been acquired by Spanish digital visual content database platform Freepik Company which is also a parent brand of Flaticon and other well-known projects. Although it was a strategic decision since the Danish startup was a competitor of Flaticon, Iconfinder’s reputation and position in the market was also a powerful motivation. This […] Read more ›
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Helsinki-based startup Synergi has collected €800K in a pre-seed round from Lifeline Ventures, APX, Wave Ventures, TK Ventures, Cape Capital, and Kenneth Blomqvist. The startup connects households to energy markets to make electricity usage more cost effective and climate-friendly. The software works well with electric and plug-in hybrid vehicles, and the team aims to make […] Read more ›
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Peak, the venture capital firm operating from its offices in Amsterdam, Berlin, and Stockholm, has launched its fifth fund. With this new seed fund, the VC firm is intending to invest €150 million in around 50 early-stage SaaS, marketplace, and platform founders across Europe. Peak has already completed its first 3 investments from this new […] Read more ›
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29.11.2024 13:40
Last update: 13:36 EDT.
News rating updated: 20:31.
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