Espoo-based IQM has secured a €50 million financing package from funds and accounts managed by BlackRock, bolstering its balance sheet as it gears up for global expansion and a planned public listing via a merger with Real Asset Acquisition Corp. IQM builds full-stack superconducting quantum computers, offering both on-premise systems and cloud access to enterprises, […] Read more ›
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Latvia-based alternative lender Capitalia is rolling out a €15 million financing initiative aimed at microenterprises across Estonia, Latvia and Lithuania, backed by a guarantee from the European Investment Fund under the InvestEU programme. The scheme will enable Capitalia to offer crowdfunded loans of up to €50,000 over a three-year period, targeting the region’s smallest businesses—many […] Read more ›
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Fresh out of Aalto University, Metaktik has secured €1 million in pre-seed funding, with backing from early-stage investor Maki.vc, to commercialize its metasurface antenna technology. The Espoo-based company is developing ultra-lightweight, flexible antennas that can be seamlessly integrated into drones, satellites, and ground systems—enhancing communication, radar capability, and stealth by conforming to the shape of […] Read more ›
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Helsinki&Oulu-based cybersecurity startup Test of Things has raised €1.2 million in a pre-seed round led by Vendep Capital, with participation from angel investors including Aapo Oksman, Zach Shelby, Neil Costigan, Ääkköset Oy, and ScanABC, alongside public support from Business Finland. The company is building an AI-powered platform that automates cybersecurity testing and compliance for connected […] Read more ›
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Cernel has raised €4 million in seed funding led by Seed Capital, alongside new angel investors and continued backing from existing shareholders, to tackle what it sees as e-commerce’s most persistent bottleneck: broken product data. Cernel builds an AI-powered infrastructure layer that sits between raw supplier inputs and sales channels, automatically structuring, enriching, and validating […] Read more ›
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Stockholm-based Endform has raised €1.5M in fresh funding to accelerate its mission of eliminating one of modern software development’s biggest bottlenecks: slow end-to-end testing. The round was led by Alliance VC alongside First Fellow Partners, Greens Ventures, and Antler, with additional backing from strategic angel investors. Endform’s platform dramatically reduces Playwright test execution times—from 30 minutes […] Read more ›
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Nordic Air Defence (NAD), the Stockholm-based defence technology startup developing autonomous counter-drone systems, has appointed The Right Honourable James Heappey and its Head of Product Nicholas Högasten to its board as it accelerates its expansion across European defence markets. The company is building the K100XR interceptor designed to neutralise low-cost, low-flying drones threatening critical infrastructure […] Read more ›
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Oslo-based Unleash has raised $35 million in a Series B round led by One Peak, with participation from existing backers Spark Capital, Frontline Ventures, and Firstminute Capital, bringing its total funding to $51.5 million. The company develops an open-source FeatureOps platform that gives enterprises real-time control over feature releases—allowing teams to toggle, test, and roll […] Read more ›
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Stockholm-based Galdera Labs has raised €1.5 million in pre-seed funding to build what it describes as AI-native infrastructure for financial modeling, replacing static spreadsheets with continuously evolving, context-aware systems. The round was led by J12 Ventures, with participation from Antler and angel investors with backgrounds at Klarna, DeepL, Stripe and Plata. Founded by former Klarna […] Read more ›
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Stockholm-based deeptech startup Renasens has raised €10 million in a seed round led by Extantia, with participation from Course Corrected VC and continued backing from Norrsken Launcher, as it looks to scale its CO₂-based textile recycling technology across Europe. The company is tackling a persistent bottleneck in the industry—processing blended and treated fabrics—by using modified […] Read more ›
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Stockholm-based Noru has raised €553.9K (SEK 6 million) in a pre-seed round led by Ampli Ventures, with participation from Andreessen Horowitz (a16z) Seed Fund, SSE Business Lab, angel network DHS, and a group of Nordic operators and investors, including Mattias Miksche, Johannes Schildt, Fredrik Uhrström and Karin Bjerde. Mark Strande, CISO at Miro, has also […] Read more ›
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Gothenburg-based Everdrone has raised €3.3 million (SEK 36 million) in a funding round led by Sciety as it moves into the commercial phase of its autonomous drone services for emergency healthcare. The company, which operates what it describes as the first live drone service integrated into cardiac arrest response in Sweden’s Västra Götaland Region, develops […] Read more ›
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Legora has raised $550 million in a Series D round led by Accel, with backing from returning investors including Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures and Y Combinator, alongside new investors such as Bain Capital and Salesforce Ventures, valuing the legal AI company at $5.55 billion. The New York-headquartered platform develops collaborative […] Read more ›
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Estonian-founded SkySelect has raised $9 million to scale its AI-driven platform that streamlines aircraft parts procurement for airlines and MROs. Co-led by Verb Ventures and RockCreek, with participation from SmartCap Green Fund, Bain Capital Ventures, and Lux Capital, the funding will bolster SkySelect’s AI sourcing and optimisation tools and support hires across the U.S., India, […] Read more ›
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Finnish deeptech startup Elea & Lili has raised €2.5 million in seed funding to bring its fossil-free superabsorbent material to market, targeting hygiene and agriculture sectors long dominated by petroleum-based polymers. The round was led by Lifeline Ventures, with participation from Ikorni Invest Oy Ab and Baltiska Handels Sverige AB, signaling early backing from investors […] Read more ›
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Legora, a collaborative AI platform for lawyers, has acquired Canadian legal tech startup Walter as it looks to expand the development of so-called agentic AI systems for legal workflows. Legora provides AI tools that integrate with law firms’ existing systems to assist with tasks such as research, drafting and document review, while Walter AI has […] Read more ›
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Behavix has announced a strategic partnership with Fair Response as part of its push to expand behavioral intelligence capabilities in the U.S. market. Helsinki- and New York–based Behavix develops AI-powered tools that capture and analyze consent-based digital behavioral signals across devices, turning them into insights used by industries such as market research, advertising, and finance. […] Read more ›
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Oslo-based energy storage startup Photoncycle has raised €15M in a Series A round led by NordicNinja and Voima Ventures, with participation from existing investors Lifeline Ventures, Eviny Ventures, Luminar Ventures, and Momentum, as the company prepares to roll out its seasonal hydrogen-based energy storage systems in Denmark and the Netherlands. Photoncycle develops solid-state hydrogen storage […] Read more ›
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Vilnius-based food procurement startup Saltz has raised €20 million in a Series A round backed by the European Bank for Reconstruction and Development, as well as venture firms Inovo.vc, Lifeline Ventures, and Change Ventures, with additional participation from angel investors including Mantas Mikuckas and Miki Kuusi. The company operates a digital marketplace that connects restaurants […] Read more ›
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European defence startup Frankenburg Technologies has raised €30 million in Series A funding to expand missile manufacturing capacity across the continent, with the round led by Plural and participation from SmartCap. The company develops low-cost, precision-guided interceptor missiles designed for mass production to address Europe’s growing air-defence bottleneck, where inexpensive aerial threats such as drones […] Read more ›
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20.07.2026 06:20
Last update: 06:15 EDT.
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