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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Monta, the EV charging platform in Copenhagen, has successfully raised €80 million in a Series B funding round, with participation from investors including Energize Capital, GreenPoint Partners, Denmark’s Export and Investment Fund, and Quantum Light. The Series B also included participation from returning investors Headline, byFounders, AENU and Creandum and new investor, Quantum Light. The […] Read more ›
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Turku-based food education startup Vegemi has successfully raised €0.5 million in funding from prominent investors, including Stefan Lindberg, Sophia Ehrnrooth, Matti Kukkonen, Tradeka Corporations, and Heino Group. Vegemi focuses on addressing inadequate fruit and vegetable consumption among Finnish children aged 3-8 through its innovative mobile app, launched in 2022, which utilizes XR image recognition and […] Read more ›
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Copenhagen-based Reel has secured €5 million in seed funding led by Transition, a climate-focused venture capital fund, with participation from existing investors like UVC Partners, The Footprint Firm and a group of energy specialists and successful founders including the Chief Project Development Officer of Climeworks, Daniel Nathan, and the Co-founder of Netlify, Christian Bach. The […] Read more ›
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Helsingborg-based medical device startup Acorai recently closed an oversubscribed series seed equity round, securing over $4.5 million in funding from investors such as Solardis Health Ventures, KHP Ventures, Carma Fund, and other US investors to finance clinical studies and advance regulatory approval. This funding success follows a prior boost of €2.3 million in non-dilutive grant […] Read more ›
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CardioSignal, a Turku-based health tech company, recently secured $10 million in Series A funding, with DigiTx Partners leading the round and participation from Sandwater and existing investor Maki.vc. Notably, David J. Kim, M.D., managing director of DigiTx, will be joining the company’s board. This new funding brings CardioSignal’s total raised capital to $23 million. The […] Read more ›
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Plural, a Tallinn & London-based venture capital firm, has recently secured an impressive €400 million fund dedicated to nurturing early-stage “transformational” startups in the region. The fund exceeded its initial target despite challenges in the European venture capital landscape, with a notable U.K. academic institution participating as a key investor. Plural’s prior €250 million fund, […] Read more ›
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Vilnius-based fintech companies AMLYZE and Satchel have recently announced a strategic partnership focused on enhancing compliance standards in the digital banking sector. Satchel is recognized for its commitment to cutting-edge services and strong adherence to regulatory compliance and client security while AMLYZE specializes in anti-financial crime solutions through Software-as-a-Service (SaaS). The collaboration aims to leverage […] Read more ›
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Vesper Bio, a clinical-stage biotech company based in Copenhagen, has secured a grant of approximately $873K from The Michael J. Fox Foundation for Parkinson’s Research (MJFF). Specializing in sortilin receptor biology, Vesper Bio develops orally administered, small molecule sortilin inhibitors, particularly focusing on their potential to elevate central progranulin levels for treating central nervous system […] Read more ›
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HeavyFinance, a Vilnius-based climate tech investment platform, has successfully secured a substantial €50 million in funding from a global community of over 10,000 investors. Specializing in financing sustainable agricultural projects across Europe, the company aims to support nearly 1,700 diverse initiatives in countries like Bulgaria, Latvia, Lithuania, Poland, and Portugal. The funding is earmarked to […] Read more ›
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Tampere-based StemSight and US-based ERS Genomics have signed a non-exclusive agreement allowing StemSight access to ERS Genomics’ CRISPR/Cas9 patent portfolio. StemSight, a biotech company working on stem cell-based therapies for corneal blindness, considers this partnership a significant step forward. By using CRISPR/Cas9 technology, StemSight aims to address challenges in existing cell therapies and move closer […] Read more ›
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Stockholm-based SaaS startup TrusTrace has successfully raised a growth investment of $24 million, led by Circularity Capital and joined by existing investors Industrifonden and Fairpoint Capital. TrusTrace’s platform enables brands to digitize and standardize supply chain data, supporting risk management, compliance, and sustainability efforts. With this funding, TrusTrace plans to enhance its global expansion by […] Read more ›
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Stockholm-based Aira has successfully raised €145 million in a Series B funding round, with notable investors including Altor, Kinnevik, and Temasek. The funding, significantly surpassing its initial €85 million target, demonstrates robust support from leading climate tech investors across Europe, the US, and Asia. The oversubscribed round also saw participation from the Burda family, Collaborative […] Read more ›
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Copenhagen-based 21st.BIO has joined forces with German biotech AMSilk to enhance the production of advanced materials derived from spider silk-based proteins. Leveraging over 40 years of expertise in precision fermentation technology, 21st.BIO has developed a specialized protein production strain using precision fermented microorganisms. This strain enables extracellular expression of silk proteins, ensuring AMSilk can efficiently […] Read more ›
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Helsinki-based Aibidia has made a strategic move by appointing Matthias Grabellus, formerly associated with Celonis and SAP, as its Chief Product Officer and renowned for his pivotal role in shaping SAP’s groundbreaking S/4HANA platform. The company is focused on fortifying its purpose-built platform, anticipating a transformative impact on how global professionals navigate cross-border complexities, generating […] Read more ›
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Stockholm-headquartered startup Telness Tech has appointed Stefan Tengvall as Chief Strategy Officer (CSO). Tengvall, known for successfully scaling tech companies globally, will guide strategic decisions as the company expands into new markets. The company specializes in cloud-based mobile operator solutions, focusing on innovation and customer satisfaction. Tengvall’s role is crucial as Telness Tech aims to […] Read more ›
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Oslo-based proptech startup Plaace has secured €885k in funding, with RunwayFBU leading the investment round and support from existing investors OBOS and Blommenholm Industrier, along with €177K from Innovation Norway. Plaace specializes in providing user-friendly decision support for the less digitized retail industry and saw impressive growth in 2023, tripling its revenue and expanding its […] Read more ›
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SportAdmin, a Malmö-based company providing specialized software for sports clubs, has been acquired by Lime Technologies, a SaaS and customer management company. Lime now owns 85% of SportAdmin’s shares for €13.1 million (SEK 149 million), with plans to acquire the remaining 15% by 2027. SportAdmin will continue operating independently within Lime, leveraging Lime’s expertise to […] Read more ›
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Hässleholm-based startup RECOMA has secured a strategic investment from Kiilto Ventures to accelerate its groundbreaking work in sustainable construction solutions. Specializing in converting packaging waste into low-carbon, circular construction boards, RECOMA’s patented process involves sterilizing and transforming discarded materials into durable alternatives to traditional construction materials. The funding infusion will empower RECOMA to significantly scale […] Read more ›
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Oslo-based VC firm Sandwater has successfully closed its venture fund at €123,2 million (1.4 billion NOK), exceeding its target and becoming one of Europe’s largest first-time venture funds in 2023. The fund attracted significant support from institutional and international investors. Sandwater focuses on early-stage companies addressing global challenges in climate, energy, and healthcare. They have […] Read more ›
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DelSiTech, a Turku-based drug delivery and development company, has successfully secured €10 million in its largest financing round to date, with over €9 million contributed by new investors DRW Venture Capital LLC and Tolmar International Ltd, alongside existing shareholders. Specializing in silica-based drug delivery technology, DelSiTech plans to utilize the funding to advance its proprietary […] Read more ›
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Business Insider
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37% 14 |
Tom's Hardware
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19% 6 |
Gizmodo
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12% 4 |
Slashdot
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6% 1 |
The Verge
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5% 1 |
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21.12.2025 15:46
Last update: 15:40 EDT.
News rating updated: 22:40.
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