SportIQ, a Helsinki-based sportstech startup known for its smart basketballs and data-driven shooting software, has been selected for the NBA Launchpad program, a six-month initiative designed to support emerging technologies in sports. The program will provide SportIQ with access to NBA resources to refine its technology, which already tracks player shooting performance using sensors in […] Read more ›
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Oslo-based startup Tana has raised €13.6 million in Series A funding, bringing its total to €24.3 million. The round, led by Tola Capital and joined by Lightspeed Venture Partners, Northzone, Alliance VC, and firstminute capital, will be used to further develop Tana’s AI-driven workspace, which integrates knowledge graphs, object-based note-taking, and customizable AI agents. Founded […] Read more ›
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Latvian startup Trace.Space has raised €4 million in seed funding from Cherry Ventures, Outlast Fund, Nebular, Fiedler Capital, and Change Ventures to improve requirements management for complex industrial products. The company’s AI-powered platform addresses inefficiencies in traditional systems by enabling real-time collaboration between manufacturers and suppliers, aiming to reduce delays in product development. With growing […] Read more ›
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Change Ventures and FIRSTPICK have released their latest Baltic Startup Funding Report, revealing that pre-seed funding in Lithuania, Latvia, and Estonia has stabilized after a period of decline. AI and deep tech startups continue to attract high valuations, while seed-stage funding has rebounded, with median round sizes reaching €2M. Despite investor caution, Lithuania and Latvia […] Read more ›
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Copenhagen-based Liva Healthcare has acquired UK-based Discover Momenta and Momenta Newcastle for an undisclosed sum, expanding its role in delivering evidence-based lifestyle intervention programmes. Both companies provide therapeutic support for chronic conditions such as obesity and Type 2 diabetes, with Momenta’s programmes widely used by NHS organisations and local authorities. The acquisition is accompanied by […] Read more ›
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Stockholm-based Froda has secured an expanded €150 million lending guarantee from the European Investment Fund (EIF), marking the first EU-wide microfinancing partnership of its kind. This deal, which adds €100 million to Froda’s previous €50 million guarantee, will enable the fintech company to provide critical funding to 10,000 SMEs across all 27 EU member states. […] Read more ›
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Cherry, a leading pan-European seed investor, has unveiled a fresh $500 million fund, doubling down on its ambition to propel Europe into the next era of technological dominance. With offices in Stockholm, Berlin, and London, Cherry has been a key player in the Nordic startup ecosystem, backing ventures such as Carbo Culture, Juni, Bits, and […] Read more ›
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Copenhagen-based legaltech startup Pandektes has raised €2.9 million in seed funding from People Ventures, Interface Capital, and a group of Nordic angel investors. The company has developed an AI-driven platform that helps legal professionals conduct research by providing access to case law, legislation, and legal insights across multiple jurisdictions. Founded in 2023 by Casper Laursen […] Read more ›
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Copenhagen-based Enduro Genetics has secured €12 million in Series A funding from Supernova Invest, NOON Ventures, and Sandwater to advance its microbial cell reprogramming technology. The company’s Enduro Sense platform addresses a key challenge in industrial biomanufacturing: productivity loss caused by genetic mutations in microbial populations. By linking cellular survival to high production levels, the […] Read more ›
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Aplagon, a Helsinki-based clinical-stage biopharmaceutical company focused on thrombo-inflammatory diseases, has closed a €7 million funding round led by Fåhraeus Startup and Growth (FSG) and the European Innovation Council (EIC) Fund. The round also included contributions from Finnish investors such as the Jenny and Antti Wihuri Foundation, Innovestor, and the Gösta Serlachius Fine Arts Foundation. […] Read more ›
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SportAI, a Norwegian B2B sports tech company, has raised $805K in grants from Innovation Norway and the Eurostars Eureka Network to advance its AI-powered platform for racquet sports technique analysis. This funding follows a €1.6M seed round in August 2024. The funds, which follow earlier seed investments in 2024, will support the company’s ongoing technical development, […] Read more ›
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Based in Oslo, AirDodge has raised $500,000 in a pre-seed funding round led by Nordic Makers and Antler. The company is developing a platform, U-Space, designed to manage drone traffic in European airspace, offering a real-time map of drone activity and simplifying flight permissions. The platform is aligned with EU regulations aimed at ensuring safe […] Read more ›
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Oslo-based Wastefront has received an investment from International Airlines Group (IAG) to develop its facility in Sunderland, where it will convert waste tyres into tyre-derived oil for refining into Sustainable Aviation Fuel (SAF). The plant, expected to begin operations in 2026, aims to process up to 10 million tyres per year, addressing a portion of […] Read more ›
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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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Most popular sources
Business Insider
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40% 11 |
Gizmodo
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19% 11 |
Eurogamer.net
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4% 3 |
The Verge
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4% 0 |
CNET
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3% 2 |
| View sources » | |
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11.04.2025 07:42
Last update: 07:36 EDT.
News rating updated: 14:30.
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