Espoo-based quantum-algorithm developer QMill and Montréal’s ÉTS have formalized a strategic research partnership that brings together QMill’s industrial expertise in near-term quantum software and ÉTS’s growing academic strength in quantum-algorithm science. The collaboration will focus on co-developing, testing, and benchmarking algorithms designed for real-world use cases—particularly in sectors such as energy, logistics, and telecommunications—while enabling […] Read more ›
20
Icelandic energy technology company SnerpaPower has signed a long-term agreement with Norðurál, one of Europe’s largest aluminum producers, to provide advanced energy management and flexibility services. Under the partnership, SnerpaPower’s software will help optimize Norðurál’s power use and automate scheduling in line with contractual and grid requirements. The deal makes Norðurál SnerpaPower’s largest customer to […] Read more ›
2
Blykalla, evroc, and Studsvik have signed a memorandum of understanding to examine the feasibility of developing Sweden’s first nuclear-powered data centers at Studsvik’s licensed nuclear site in Nyköping. Blykalla develops lead-cooled small modular reactors (SMRs) aimed at providing stable, low-carbon energy; evroc is building large-scale cloud and AI infrastructure across Europe; and Studsvik operates a […] Read more ›
44
Holberg EEG, a Bergen-based spin-off from Haukeland University Hospital, has been fully acquired by Natus Medical, a U.S.-headquartered neurodiagnostics company. Founded in 2009, Holberg developed autoSCORE, the first AI model designed for automatic and comprehensive EEG interpretation, which received FDA clearance and a CE mark in 2024. With Natus already holding a majority stake, this […] Read more ›
2
Spotify is set for a major leadership transition as Founder Daniel Ek moves into the role of Executive Chairman, with longtime executives Gustav Söderström and Alex Norström stepping up as co-CEOs beginning January 2026. Söderström, Spotify’s co-President and Chief Product and Technology Officer, and Norström, co-President and Chief Business Officer, each bring more than 15 […] Read more ›
0
Modal, the AI-native infrastructure startup, has closed an $87 million Series B round led by Lux Capital, with participation from existing investors, bringing its total funding to $111 million and post-money valuation to $1.1 billion. The company provides a global, code-first compute platform designed specifically for AI workloads, offering instant access to pooled GPUs and […] Read more ›
0
Stockholm-based Blykalla has formed a partnership with U.S. developer Oklo to advance their work on small modular fast reactors. The agreement covers joint research, component sourcing, and regulatory coordination, while also bringing a $5 million investment from Oklo into Blykalla’s current funding round. For Blykalla, the collaboration is intended to lower costs, improve access to […] Read more ›
2
Joiner, a Vilnius-based social platform, has raised €500,000 in an angel round, bringing total funding to €1.2 million. The app, which has 40,000 downloads and about 1,500 daily active users in the Baltics and Poland, connects people through group activities and events. The company plans to use the new capital to improve product stability, test […] Read more ›
0
Tallinn-based Sera AI has raised a €1.5 million seed round to expand internationally. The round was led by Maki VC, with participation from Specialist VC, Ready Player Me co-founder Kaspar Tiri, and Bolt founder Markus Villig. Sera develops an AI-powered sales agent designed to automate prospecting, research, and personalized outreach, aiming to reduce repetitive tasks […] Read more ›
18
Helsinki-based biotech company Volare has appointed Benjamin Armenjon as Chief Commercial Officer and Antti Åke as Chief Operating Officer. Armenjon, who holds a PhD in Food Science, previously spent ten years at Ÿnsect, most recently as CCO. Åke has experience leading industrial operations at Bayer, Covestro, and WasteWise Group. Volare develops technology to convert food […] Read more ›
2
Gothenburg-based startup Cetasol has closed a €2.3 million seed funding round, led by BackingMinds and Shift4Good, with participation from existing investor Sarsia. The company develops iHelm, an AI-driven decision support platform aimed at helping small- and mid-sized vessels optimize fuel use and reduce emissions. The new funding will be used to expand commercial operations, grow […] Read more ›
0
Stockholm-based startup Hedda has secured €1.5 million in pre-seed funding to develop its AI platform for bid writing. The round was backed by Zenith Venture Capital, Antler, and Wave Ventures. Hedda’s platform is designed to automate parts of the bid writing process and streamline collaboration for teams working on procurement tenders. With public procurement in […] Read more ›
0
BeeSpeaker, a Poland- and Sweden-based language learning startup, has raised €2 million in seed funding. The round was led by Movens Capital, with SpeedUp Venture Capital and several angel investors participating. Founded in 2022, the company focuses on helping users practice spoken language through AI-driven video tutors and conversational exercises. BeeSpeaker reports 60,000 paying users […] Read more ›
0
Copenhagen-based AI-native finance startup Light has secured $30 million in Series A funding led by Balderton Capital, with participation from Atomico, Cherry Ventures, Seedcamp, Entrée Capital, and angels including Thomas Wolf (Hugging Face) and Charles Songhurst (Meta). Light replaces legacy ERPs with a platform designed from the ground up for hypergrowth companies, automating multi-entity accounting, […] Read more ›
0
Evertrace has acquired Danish startup Seedpoint, marking its second deal in as many weeks following the purchase of Whisper AI. Seedpoint developed technology designed to identify emerging founders at an earlier stage, with a strong focus on data infrastructure. The acquisition will see Seedpoint’s technology integrated into Evertrace’s existing systems, expanding its early founder detection […] Read more ›
0
Stockholm-based startup Emfas has secured a €600,000 (SEK 6.7M) angel round at a €4.5 million (SEK 50M) post-money valuation to scale its AI-powered product information management (PIM) system. The funding round was led by Greens Ventures, an angel syndicate headed by Dan McCormick, with participation from a roster of well-known investors in the Nordic and […] Read more ›
13
Netigate, a Stockholm-based experience management software provider, has acquired Mopinion, a Dutch company specialising in digital feedback tools for web, app, and email channels. The deal brings together Netigate’s analytics and survey automation with Mopinion’s real-time feedback collection technology. Both companies serve large European enterprises across sectors such as retail, aviation, and finance. Following the […] Read more ›
1
Redpine, a Stockholm-based startup, has raised $1.3 million from a group of angel investors including Colin M. Evans (OpenAI), Feng Hong (Xiaomi), Anna Nordell Westling (Sana), Daniel Langkilde (Kognic), Gustav Lindqvist (Perplexity), and several Spotify alumni. The company develops a platform that provides licensed, domain-specific datasets for use in artificial intelligence systems. The funding will […] Read more ›
1
Norwegian agtech company Nofence, which develops GPS-based virtual fencing for livestock, has raised over $35 million in a Series B funding round. The investment was led by the European Circular Bioeconomy Fund (ECBF), with participation from Capagro, Nysnø Climate Investments, Climate Innovation Capital, Speedinvest, and existing investors Sandwater, Momentum, and Ferd. Nofence’s technology uses solar-powered […] Read more ›
2
Time Atlas Labs, a Helsinki-based startup, has secured €1.8 million in funding led by Lifeline Ventures, joined by angel investors including Duolingo co-founder Severin Hacker and Linear’s Tuomas Artman. The company, founded in 2024 by Aapo Kyrölä, Markus Stenberg, and Juho Pennanen, develops Time Atlas, an app designed to create a private timeline of users’ […] Read more ›
0
Copenhagen-based SUMM Ingredients, formerly known as Nutrumami, has secured €1.7 million in new funding from EIFO and BoxOne, with existing investors Kost Capital and Planetary Impact Ventures also participating. The company develops multifunctional fermented proteins and is preparing to launch its first ingredient, FermiPro, later this year. The funding will be used to expand production […] Read more ›
0
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Business Insider
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31% 12 |
Gizmodo
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11% 1 |
CNET
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6% 2 |
The Verge
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5% 1 |
Slashdot
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5% 3 |
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13.12.2025 09:07
Last update: 09:00 EDT.
News rating updated: 16:03.
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