Lund-based Innoscentia has secured €500,000 from long-term angel investors in Skåne to accelerate the commercialization of its smart food label technology. The startup, founded in 2015, has developed a reactive ink label that detects bacterial growth in real time, providing a dynamic alternative to static expiration dates. With a total of €2.2 million raised to […] Read more ›
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Espoo-based Enable Banking has partnered with Stockholm-based Qred Bank to enhance financial accessibility for entrepreneurs. Qred, known for its rapid and flexible business loans, will integrate Enable Banking’s real-time financial data and account-to-account payment infrastructure to optimize credit decisions and streamline operations. This collaboration allows Qred to refine risk assessment, automate processes, and offer a […] Read more ›
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Xaga Surgical, a Helsingborg-based medtech startup, has raised €697K (SEK 8 million) in a funding round led by Almi Invest, with participation from SmiLe Inject Capital and private investors. The company develops advanced medical needles designed to reduce bacterial transfer during biopsies by 96%, significantly lowering the risk of infections and enhancing cancer diagnostics. Founded […] Read more ›
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Oslo-based startup Avisomo has raised €5 million to further develop its automated vertical farming technology. The funding consists of a €1.6 million grant from Innovation Norway and €3.4 million from existing investors. Founded in 2018, the company designs modular indoor farming systems that require minimal manual intervention and can be integrated into supply chains. The […] Read more ›
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Phenaros Pharmaceuticals has raised pre-seed funding to further develop its AI-driven drug discovery platform. Led by Nordic Science Investments, with additional support from Almi Invest, Monesi, and Länsförsäkringar Uppsala, the company plans to use the funding to expand its robotized facilities, enhance its proprietary data, and scale its commercial operations. Founded in 2021, Phenaros combines […] Read more ›
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Melt&Marble, a company specializing in precision fermentation-based fats, has entered a partnership with Valio, Finland’s largest food and dairy company, to develop innovative food products. The collaboration will focus on integrating Melt&Marble’s custom-designed fats into plant-based food products, aiming to enhance their texture and flavor. By combining Melt&Marble’s cutting-edge technology with Valio’s extensive experience in […] Read more ›
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Stockholm-based XR game studio Resolution Games has partnered with Wizards of the Coast, a division of Hasbro, to launch Demeo X Dungeons & Dragons: Battlemarked—a new multiplayer, cross-platform tactical RPG that reimagines D&D for fast-paced, turn-based combat. Built on Resolution Games’ Demeo Action Roleplaying System, the game strips away the need for a Dungeon Master […] Read more ›
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Tallinn-based Gridio has raised €2.4 million in a seed round led by Neokapital, with backing from Encevo, Smartcap, Renergy, and existing investors. The company develops software that connects electric vehicles, solar panels, and home batteries to electricity markets, allowing users to adjust energy consumption based on price fluctuations and grid demand. The new funding will […] Read more ›
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Capra Robotics®, a Danish company specializing in mobile robotics, has raised €11.3M in a seed investment round led by Supernova Invest and Promus Ventures, with additional support from Summiteer and EIFO. The company designs robots for logistics, inspection, and maintenance tasks, aiming to reduce reliance on manual labor in industries facing labor shortages and rising […] Read more ›
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Cephagenix, a Glostrup-based joint venture between Saniona and Professor Jes Olesen, has raised €9 million in seed funding from AdBio Partners and AbbVie Ventures. The company is focused on developing selective vascular KATP channel inhibitors as a potential treatment for migraines. The funding will be used to advance the program toward candidate selection, following promising […] Read more ›
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Blykalla and Höganäs have partnered to develop corrosion-resistant materials for the Swedish Advanced Lead-cooled Reactor (SEALER), a small modular reactor (SMR) designed for next-generation nuclear energy. The collaboration will focus on industrializing and qualifying advanced metal alloys that can withstand liquid lead environments, a critical requirement for SMR components. Höganäs will apply its expertise in […] Read more ›
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Helsinki-based RELEX Solutions has secured a €10 million green revolving credit facility from Nordea Bank to finance sustainability-focused projects. The company, which develops AI-driven supply chain and retail optimization software, plans to use the funds for initiatives aimed at improving energy efficiency, reducing waste, and enhancing sustainable practices. Green revolving credit facilities are structured to […] Read more ›
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Miiskin, a Copenhagen-based digital dermatology platform, has secured the prestigious Innobooster Grant to advance its AI-driven workflows and autonomous treatment plans for acne care. The company, which provides online dermatology consultations, aims to streamline doctor-patient interactions using artificial intelligence to reduce manual workloads and improve diagnostic efficiency. Miiskin’s new AI Engine will assess skin conditions […] Read more ›
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Aarhus-based Commit Biologics has secured a €5.5 million seed financing extension from Korys, bringing its total funding to €21.5 million. This follows an earlier €16 million investment from Novo Holdings and Bioqube Ventures, announced when the company emerged from stealth last May. The Danish biotech startup, which is pioneering the activation of the complement system […] Read more ›
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Adsorbi, a Chalmers University spinout, has secured €1M in funding from Metsä Spring, Chalmers Ventures, Jovitech Invest, and Sweden’s Innovation Agency to scale its cellulose-based air purification material. The fresh capital will fund the construction of a pilot plant in Gothenburg, expand its product line, and accelerate customer adoption. Adsorbi’s bio-based material offers a sustainable […] Read more ›
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Hybird Energy, a Danish startup revolutionizing energy management with AI-powered intelligent electrical panels, has secured €2.4 million in funding to scale its operations across Europe. The round was co-led by BackingMinds and Transition, with participation from 2degrees, EIKON Capital, Notion Capital’s Pioneer Fund, and a network of strategic angel investors, including former executives from Pleo, […] Read more ›
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Stockholm-based Gesynta Pharma has raised €26.5 million (SEK 304 million) in a Series B funding round led by Innovestor Life Science, with participation from Hadean Ventures, Industrifonden, Linc, Foreground Capital, Catalyze Capital, Stephen Industries, and Amboy Street Ventures. The Stockholm-based biotech company is advancing vipoglanstat, a non-hormonal drug candidate targeting inflammation in endometriosis, a condition […] Read more ›
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Wingbits, a Stockholm-based Web3 startup, has raised $5.6 million in a funding round led by Borderless Capital and Bullish Capital, with participation from Antler Global, Tribe Capital, The Spartan Group, Heartcore Capital, and SNZ Capital. The company is building a decentralized flight tracking network using blockchain technology, aiming to address inefficiencies in the current system, […] Read more ›
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Copenhagen-based Tryp.com has raised €3.1 million in a funding round led by Iberis Capital, with participation from EdenBase, ITV, GMPVC German Media Pool, and Jacob Gade. Founded in 2020, the travel platform offers an AI-driven system for planning multi-destination trips, consolidating various transport and accommodation options. The new funding follows a period of growth in […] Read more ›
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Tallinn-based Elcogen secures €5 million investment from SmartCap to accelerate growth. Elcogen enables delivery of efficient, affordable green hydrogen and emission-free electricity. This strategic investment will fuel Elcogen’s growth trajectory, enabling the company to further expand operations, scale production capacity, and drive business development to better serve existing and new customers worldwide. Founded in 2001, […] Read more ›
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Most popular sources
Wired
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34% 0 |
Business Insider
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26% 2 |
Gizmodo
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9% 7 |
Vox
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6% 3 |
The Verge
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5% 3 |
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01.04.2025 22:57
Last update: 22:31 EDT.
News rating updated: 05:50.
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