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07.07.2025 − 13.07.2025
ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/10/2025 02:17 EDT

Norway & US-based Actithera raises $75.5M Series A to advance radioligand therapy pipeline

Actithera, an Oslo and Cambridge-based biotech company focused on radioligand therapies, has closed a $75.5 million Series A financing round to support the clinical development of its lead fibroblast activation protein (FAP)-targeting candidate and further build out its discovery platform and preclinical pipeline. The round was co-led by M Ventures , Hadean Ventures, Sofinnova Partners and […] Read more

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ArcticStartup
Vedat Öndas @ ArcticStartup 1 place · 05/15/2025 08:47 EDT

Denmark’s EIFO backs Saildrone in $60M round for regional security deployment

Saildrone has raised $60 million in a funding round led by the Export and Investment Fund of Denmark (EIFO), with participation from existing investors Lux Capital, Washington Harbor Partners, Crowley, and Academy Securities, as well as new investors Pinegrove, BZH Capital, What If Ventures, and Calm Ventures. The company, which develops long-endurance uncrewed surface vehicles […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/15/2025 08:18 EDT

Europe’s largest Gen Z-led VC launches €7 million fund focused on early-stage startups

Wave Ventures, a Gen Z-led venture capital firm based in Finland, has launched its third fund, raising €7 million—more than triple the size of its previous fund. Since its founding in 2016, the firm has focused on early-stage investments in startups led by founders under 30 across the Nordics and Baltics. The new fund plans […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/15/2025 04:09 EDT

Behavix Accelerates Global Growth with Strategic Hires

Behavix, a Helsinki-based company specializing in privacy-focused behavioral data, has appointed four senior figures from major research and technology firms to support its international growth. The new team members—formerly with Nielsen, Ipsos, Comscore, ResearchNow, and ByteDance—will focus on advisory and business development roles across the US and Europe. Their backgrounds span media measurement, programmatic advertising, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/13/2025 09:24 EDT

A Gentle Light in the Harsh World of Business: Kazuo Inamori

My distant stance toward the business world—where money is prioritized and aggression often reigns—had fostered a bias against leaders. Then, during one of my regular NetGalley reading sessions in 2021, I came across him: Kazuo Inamori. Or rather, his book From Zero to Kyocera. What drew me in wasn’t the “from zero to something” phrase […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/13/2025 05:52 EDT

Froda and wamo partner to address SME financing gaps in Finland

Froda, a fintech company specializing in embedded finance, has partnered with business account provider wamo to introduce card-based lending for small and medium-sized enterprises (SMEs) in Finland. The initiative allows eligible businesses to apply for loans of up to €200,000 directly through wamo’s platform, with financing linked to Visa business cards. This approach enables quicker […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/13/2025 05:06 EDT

Swedish Gympak expands hotel wellness offerings with investment from fitness coach Dejan Petrovic

Gympak, the Swedish wellness company revolutionizing hotel experiences, has secured a key investment from renowned personal trainer and wellness coach, Dejan Petrovic. With his extensive background in fitness and lifestyle, Dejan is stepping in to support Gympak’s mission of making wellness an integral part of hotel stays worldwide. Gympak transforms hotel stays worldwide by offering […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/13/2025 04:11 EDT

Finnish life science company announces $25.6 million Series B to boost ovarian cancer research

Helsinki-based TILT Biotherapeutics has raised $25.6 million in a Series B round led by existing backers including the European Innovation Council (EIC) Fund, Lifeline Ventures, TESI, and Stephen Industries Inc Oy. The funds will accelerate the development of its lead candidate, TILT-123—an oncolytic adenovirus engineered to enhance immune response—into Phase 2 trials for platinum-resistant ovarian […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/13/2025 02:47 EDT

Beyond the Hype: Gorilla Capital’s View on Valuation, Funding, and Exits

Startups are hard. Everyone in the ecosystem knows it, yet so much of the advice handed to founders revolves around overly simplified myths: Raise more, chase the unicorn, think big or go home. And when startups fail, the default conclusion is often that the idea was flawed or the market too small. But what if […] Read more

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ArcticStartup
Jan Ameri @ ArcticStartup · 05/12/2025 08:22 EDT

Estonian eAgronom receives strategic investment to accelerate adoption of regenerative practices

eAgronom, an Estonian platform driving the transition to regenerative agriculture, has secured a significant investment from Mondelēz International’s Sustainable Futures platform as part of its Series A2 funding round. This funding will enable eAgronom to accelerate its mission of empowering farmers to adopt sustainable practices, expand its services to cover over 4 million hectares of […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/12/2025 07:41 EDT

With €10M in fresh funding, Finnish Foodiq aims to reinvent how the world makes food

Helsinki-based foodtech innovator Foodiq has raised €10 million in fresh funding to supercharge its international expansion and scale production of its proprietary Multi-Layer Cooker (MLC) — a cutting-edge manufacturing technology poised to disrupt the dairy and alternative food sectors. The round was backed by a mix of strategic investors (not publicly disclosed), signaling strong market […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/12/2025 07:19 EDT

Finland’s Eficode strengthens EMEA presence with acquisition of GitHub consultancy Solidify

Helsinki-based Eficode has acquired Solidify, a Scandinavian consultancy specializing in GitHub, Azure DevOps, and Microsoft cloud services. The acquisition brings together two of GitHub’s top partners in Europe, forming a combined organization with a strong presence across the EMEA region. Solidify, which generated €8.4 million in revenue in 2024 and employs 60 staff across Sweden, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/09/2025 08:52 EDT

Copenhagen’s Alice decures €4.2M to scale adaptive AI learning platform

Copenhagen-based Alice, the AI-powered learning platform transforming course materials into personalised, interactive study experiences, has secured €4.2 million in fresh funding to scale its vision of smarter, stress-free education. The round was led by Cherry Ventures and Y Combinator, with continued support from PSV Tech and several US and European angel investors. Alice is on […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/09/2025 07:54 EDT

What is a startup

The word startup is everywhere—on university campuses, in co-working spaces, in investor newsletters, and coffee shop conversations. But despite its popularity, the meaning of “startup” remains fuzzy for many. Even worse, it’s often misunderstood or misused. What a startup is not Let’s start with what a startup isn’t. Not every new business is a startup. […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/08/2025 09:23 EDT

Lithuanian WeSky aims for aviation growth with new funding to enhance passenger experience

WeSky, a Vilnius-based avionics startup, has raised €1.036 million from Coinvest Capital and a group of business angels. The company develops USB In-Seat Power systems for airlines, offering in-seat charging solutions that improve the passenger experience and reduce fuel consumption by cutting down aircraft weight. The funds will be used to strengthen brand awareness, expand […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/08/2025 09:08 EDT

Sweden’s Priceagent receives seed funding to help brands eliminate guesswork in pricing

Priceagent, a Stockholm-based pricing platform, has raised €550,000 in seed funding to accelerate its global rollout and expand its team. The funding round was backed by the company’s founders, expert consultants, and angel investors, including former Cint executives. The platform allows brands to test and validate pricing strategies quickly using real consumer feedback, helping them […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 05/08/2025 06:55 EDT

Danish company raises €11.5M to expand pharma-focused digital health platform

Copenhagen-based Dawn Health has secured €11.5 million in fresh funding from existing backers Chr. Augustinus Fabrikker, the Export and Investment Fund of Denmark (EIFO), and Trifork. Aimed at scaling its regulatory-grade digital health platform and expanding its product suite, the funding will accelerate Dawn’s SaaS-driven delivery to global pharmaceutical companies. Already trusted by industry heavyweights […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/08/2025 06:05 EDT

The Silent Distruption of the North

Until recently, Silicon Valley was the go-to reference point when it came to tech entrepreneurship. But over the past few years, a powerful alternative has emerged in Northern Europe, growing quietly without drawing much media or investment attention: the Nordic and Baltic countries. These regions are not only excelling in terms of numbers, but also […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 05/07/2025 09:32 EDT

The startup scene wants a makeover: a call for structured infrastructure over scattered information

Finland’s entrepreneurial spirit is vibrant, energetic, and creative. However, the 2025 Startup Finland media survey by Startup Finland, in collaboration with the Finnish Startup Community and Aaltoes, reveals that this energy is still struggling to find a shared rhythm. The voices of founders, investors, and student entrepreneurs echo a clear message: there’s an abundance of information, but it’s […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 05/07/2025 03:50 EDT

Slush Releases 2025 Startup Struggle Survey

Slush, the premier startup event in Europe, has released its Startup Struggle Survey 2025, offering a candid look into the ongoing struggles that European founders face in today’s volatile landscape. This second edition of grassroots-level research surveyed over 600 early-stage founders across the continent, uncovering a landscape that’s both challenging and resilient. While certain struggles—such […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/06/2025 10:02 EDT

Danish biotech company raises seed capital to develop targeted obesity treatment with unique mechanism

Ousia Pharma, a Copenhagen-based biotech company founded in 2022, has secured a seed financing round led by Omega Funds to advance its innovative approach to treating obesity. The company is developing a dual-incretin-NMDA receptor antagonist conjugate, a novel drug-targeting method that delivers small-molecule neuroplasticity modulators to the brain’s appetite control centers. This financing will support […] Read more

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15.07.2025 03:10
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