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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/24/2025 04:03 EDT

Riff, formerly Databutton, raises $16M Series A

Oslo-based Riff, formerly Databutton, has raised $16 nillion in a Series A led by Northzone, bringing its total funding to $21 million. The vibe coding platform helps business teams build and launch production-ready AI applications using starter apps, templates, and expert guidance, aiming to tackle the high failure rate of enterprise AI initiatives. Existing investors […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/24/2025 03:07 EDT

Building for International Scale from Day One

The Nordics continue to defy expectations. While much has been written about the challenges facing the welfare state across the region, we often overlook one of its most powerful by-products: a deeply ingrained culture of learning and scientific curiosity. These systems, though frequently criticised, have created an environment where those who want to explore, question, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/24/2025 02:43 EDT

Swedish Cytely raises €3 million to make “smart microscopy” the new standard in science

Lund-based deeptech startup Cytely has raised €3 million in a round led by Ugly Duckling Ventures, with participation from existing investor Icebreaker.vc, to expand access to its smart-microscopy platform. Cytely turns ordinary microscopes into real-time data engines, eliminating manual bottlenecks and allowing labs to generate statistically powered results in minutes instead of months. Already adopted […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/22/2025 08:35 EDT

Tallinn’s Yaga expands into Africa and MENA after €4 million raise

Tallinn-based Yaga, the pre-loved fashion marketplace, has raised €4 million in a pre-Series A round led by Specialist VC, with support from H&M Group Ventures, Trind Ventures, Startup Wise Guys, and a network of angel investors. Yaga enables users to buy and sell second-hand fashion through a secure, app-based platform that combines escrow-protected payments with […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/22/2025 07:40 EDT

Sweden’s Magma Math raises $10 million to expand AI-powered classroom platform

Stockholm-based EdTech startup Magma Math has raised $10 million in a funding round from existing investor Five Elms Capital. The company provides an AI-driven platform for K-12 classrooms, designed to support teachers in implementing math instruction and assessing student understanding. The new funding will be used to further develop the platform’s AI capabilities, expand the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 10/22/2025 06:08 EDT

nexos.ai raises €30M Series A

Vilnius-based nexos.ai has raised €30 million in Series A funding to address security and governance challenges in enterprise AI adoption. The round was co-led by Evantic Capital, founded by former Sequoia partner Matt Miller, and Index Ventures, with participation from Creandum, Dig Ventures, and several angel investors. Founded by the creators of Nord Security, nexos.ai […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/22/2025 05:25 EDT

Copenhagen’s Scaleup Finance secures £3 million for AI CFO platform “Nume”

Copenhagen-based Scaleup Finance has raised £3 million from a syndicate of European investors including Mainset, Circlerock, North Ventures, Crowberry, Inveready, and SeedX, along with angel investor Dan Cobley, former Managing Director of Google UK. The company, which has provided CFO-as-a-Service to over 500 startups across Europe, is launching Nume, an AI tool that performs key […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/21/2025 07:54 EDT

MATR Foods raises €40M

Copenhagen-based food tech startup MATR Foods has raised €40 million in a mix of equity and venture debt to scale up production and bring its organic, fungi-fermented meat alternatives to new markets. The round—Denmark’s largest food tech fundraise to date—was co-led by Novo Holdings and the Export and Investment Fund of Denmark (EIFO), with additional […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/21/2025 07:51 EDT

Lifeline Ventures Fund VI €400 million

Helsinki-based venture capital firm Lifeline Ventures has announced Fund VI, a €400 million vehicle aimed at supporting early-stage European startups. The firm, an early backer of companies such as Supercell, Wolt, Oura, ICEYE, and Aiven, will use the fund to continue investing from the seed stage through to later growth rounds. The launch of Fund […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/21/2025 07:04 EDT

Creditstar Group Secures Additional $10M facility

Creditstar Group has secured an additional $10 million facility from Singapore-based Kilde, bringing the total to $20 million. The extension builds on an agreement first signed in 2024 and will be used to support Creditstar’s lending portfolio across its eight European markets. The company reported a €7.3 million net profit in 2024 and a 30.6% […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/17/2025 09:05 EDT

Starship Technologies Raises $50M

Starship Technologies, the autonomous delivery startup, has raised $50 million in a Series C round led by Plural, with participation from Karma.vc, Latitude, Coefficient Capital, SmartCap, and Skaala. The company, which has completed over 9 million deliveries across U.S. university campuses and European cities, plans to use the funding to expand its robot fleet from […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/17/2025 08:32 EDT

AI startup Jabbr secures funding from Reddit, Figma investors to modernize boxing and MMA

Copenhagen-based startup Jabbr has raised $5 million in seed funding to bring artificial intelligence to combat sports, a sector long reliant on subjective judging and outdated broadcast technology. The round was led by Buckley Ventures, known for early investments in Figma and Rippling, and included participation from Seven Seven Six (founded by Reddit co-founder Alexis […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/17/2025 07:50 EDT

Arevo raises €7.3m

Swedish agtech startup Arevo has raised €7.3 million in new funding to accelerate the scale-up of its bio-based fertiliser production and drive international expansion, Impact Loop reports. The latest funding round was completed with participation from existing investors, including Industrifonden, Fort Knox, Navigare Ventures, and forest industry group Stora Enso, all of which have backed […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/16/2025 09:32 EDT

Sweden’s Encube secures $23 million to tackle design complexity in manufacturing

Stockholm-based deeptech startup Encube has launched publicly with a $23 million funding round led by Kinnevik, Promus Ventures, and Inventure. The company develops an AI-based platform designed to help hardware teams identify and avoid costly design complexities early in the product development process. The software is already in use by industrial players including Volvo Group, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/16/2025 02:26 EDT

Enable Banking and A-Tono join forces to expand open banking infrastructure in Italy

Enable Banking, an Espoo-based infrastructure provider, has partnered with Italy’s A-Tono Group to enhance connectivity between banks, businesses, and consumers. The collaboration will see A-Tono’s digital payments platform DropPay—which manages over two million transactions each month—integrate Enable Banking’s PSD2-compliant infrastructure, allowing users to access Account Information Services (AIS) and Payment Initiation Services (PIS) directly within […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 10/15/2025 09:58 EDT

DoorDash Acquires Deliveroo Miki Kuusi New CEO

DoorDash, the U.S.-based food delivery titan, has acquired UK rival Deliveroo in a £2.9 billion all-stock deal, marking a major step in its European expansion. The acquisition, finalized this week, follows DoorDash’s 2022 purchase of Finnish delivery startup Wolt and positions the company as a global leader, serving over 40 countries. Taking the reins as […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 10/15/2025 09:33 EDT

ILTE and ALTUM Baltic Capital Markets Acceleration Fund

Lithuania’s development bank ILTE and Latvia’s ALTUM have established the Baltic Capital Markets Acceleration Fund, managed by 1 Asset Management, with a total size exceeding €50 million. The fund is intended to provide long-term financing for Baltic companies preparing for stock market listings and to support the broader development of local capital markets. It will […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/15/2025 08:30 EDT

DTU spinout SiC Systems raises funding to build quantum-enhanced AI for physical systems

SiC Systems, a spinout from the Technical University of Denmark (DTU), has raised funding led by QDNL Participations, with participation from Propagator Ventures, Plug and Play, and Wavepeak Ventures. Founded by Christopher J. Savoie and Professor Seyed Soheil Monsouri, the company develops a multiagent AI platform that combines process modeling, generative AI, and quantum-enhanced computation […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/14/2025 10:57 EDT

Epiminds raises $6.6 million seed

Swedish startup Epiminds has raised $6.6 million in a seed round led by Lightspeed Venture Partners, with participation from EWOR, Entourage, and several angel investors, including the former CMO of Booking.com. The company builds multi-agent AI systems designed to manage marketing processes from reporting to campaign execution. Its core product, Lucy, coordinates a network of […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/14/2025 09:54 EDT

Dreamdata raises $55M Series B

Copenhagen-based Dreamdata has closed a $55 million Series B funding round led by PeakSpan Capital, with participation from InReach Ventures, Angel Invest, Curiosity VC, and Crowberry Capital. The company provides a B2B marketing platform that consolidates customer journey data to help marketing teams analyze performance and coordinate campaigns. The new funding will be used to […] Read more ›

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