Nordic SeaFarm has appointed Christer Olausson as its new CEO, following the decision of Simon Hilmersson to step down for personal reasons. Hilmersson will remain with the company as Deputy CEO, focusing on expanding new business verticals and strategy. Olausson brings a strong background in business development, having held executive roles in industries such as […] 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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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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08.04.2025 07:19
Last update: 07:12 EDT.
News rating updated: 14:11.
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