Vilnius-based isLucid has completed its pre-seed funding round, with €265,000 contributed by Coinvest Capital alongside investments from Business Angels Fund, Katalista Ventures, Agmis, and other angel investors. The funding will support isLucid’s expansion into Scandinavian and non-English-speaking markets and further development of its AI-powered platform for contact centers. The company’s tools analyze customer interactions, assist […] Read more ›
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Located in Copenhagen, Neurons Inc has raised over €6 million in a seed round joined by Fairpoint Capital, Vækstfonden, and Finance Zealand. This is one of the largest seed round deals on a global base. The startup applies neuroscience tools and insights to help businesses better understand unconscious and conscious responses. Since 2013, it has […] Read more ›
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Helsinki-headquartered VC firm Helen Ventures co-led the Dutch startup Solar Monkey‘s round with Eneco Ventures, who joined the journey to empower their sustainability mission together with the current investors, including 4impact capital and InnovationQuarter. Founded in 2015 by Jan Pieter Versluijs (CEO), Tino de Bruijn (CTO) and Mels van Hoolwerff (former CFO), Solar Monkey develops […] Read more ›
2
Helsinki-based startup Ruokaboksi Oy has collected €3.5 million in growth funding. The round saw participation from Tesi (Finnish Industry Investment Ltd) and Nordic FoodTech VC. The startup offers its customers a platform where they can choose a recipe and order the necessary ingredients at home. This platform is able to improve the shopping experience of […] Read more ›
11
Stockholm-based venture capital firm Gullspång Re:food joins the $7 million Series A round of Canadian biotechnology startup Bioindustries Inc making compostable plastics from waste materials. The round was led by Khosla Ventures and BDC Capital’s Cleantech Practice with the participation of returning investors such as AME Cloud Ventures, IT Farm, and Heinz Group along with the […] Read more ›
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Helsinki-based seed-stage venture capital firm Maki.vc has appointed Pauliina Martikainen as their new Partner. Maki.vc was founded in 2018 and almost a year later, they welcomed Pauliina to the firm. Since then she has been keeping her eyes on deep tech companies that range from pre-seed to IPO as well as searching for new startups […] Read more ›
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Stockholm-born rental marketplace Hygglo takes a step to be the largest peer-to-peer rental platform in the world and makes a $41.5M offer to acquire London-based competitor Fat Llama. Founded by Chaz Englander and Rosie Dallas, the UK-based company signed the papers and continues to operate under the same name. Swedish startup will have a seat […] Read more ›
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Tallinn-based startup Ready Player Me has raised $56M in a Series B funding round co-led by Jon Lai from a16z GAMES FUND ONE and Chris Dixon from a16z crypto. The round attracts many other investors including Plural, David Baszucki, co-founder of Roblox, Justin Kan, co-founder of Twitch and Fractal, Robin Chan, co-founder of Fractal, Henry […] Read more ›
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Vilnius-based startup Okredo collects €650K in a follow-up investment round which takes its total funding up to €1.65M. The round was led by the Lithuanian Business Angels Fund, Presto Ventures, and Lighthouse Ventures. The startup’s platform analyzes the data obtained from official sources in real-time and helps its users unveil full potential and risks in […] Read more ›
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Finish healthtech startup receives capital to bring the quality of anonymized health data to a new level with next-generation anonymization technology Helsinki-based , a spin out from FIMM (Institute for Molecular Medicine Finland) receives debt financing from BioInnovation Institute (BII), an international commercial foundation with a nonprofit objective supported by the Novo Nordisk Foundation. BII […] Read more ›
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As some of you may remember, we are building a Nordic Deeptech Community for those who are interested in world-changing deep tech from the Nordic and Baltic regions. As ArcticStartup Events, we have started this mission to unlock massive potential for deep tech in the New Nordics by empowering the ecosystem and its stakeholders. As […] Read more ›
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Copenhagen-born CathVision has raised $7.2 million from its existing investors. The startup’s EP technology provides clean electrical activation signals and enables electrophysiologists to diagnose and treat complex atrial arrhythmias with low-noise high fidelity cardiac electrograms, which conventional EP recording systems are unable to do so. Danish startup will use the capital to improve AI-powered analytic […] Read more ›
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Stockholm-based venture capital firm Saminvest puts €1.37 million (MSEK 14.5) on the table for Propel Capital‘s operations. Alongside this, the VC firm will also be jumping into follow-on investments via an additional €1.89 million (MSEK 20). Sweden-based business angel company founded by Sting, Propel Capital VI is also backed by 35 business angels that join […] Read more ›
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Tallinn-based startup Recruitlab has raised €1.9M in a seed round led by Change Ventures. The round saw participation from StartupIst VC, FFF.vc and the BADideas.fund. To date, the startup reached a total of €2.2M in funding. Recruitlab’s technology allow users to manage hiring process in less time by automating small arduous tasks. The startup already […] Read more ›
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Reykjavik-based plant-based seafood startup Loki Foods has collected $500,000 from Sustainable Food Ventures, MGMT Ventures, VegInvest, FoodHack, Kale United, Lifely VC, and other angel investors. With the latest round, the startup raised a total funding of $650K. The funding will be beneficial for the startup’s mission to keep consumers away from conventional seafood consumption. Founded […] Read more ›
1
One of Europe’s leading research institutions which is owned by the Finnish state VTT spins out Olefy, a new company working on a technology that makes it possible to use plastic over and over again without sacrificing quality. The company can add attraction to unwanted plastic waste. Thanks to this technology, which can preserve the […] Read more ›
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Backed by Danish Growth Fund, London-based VC firm 2xN has announced a $120M fund for European and US-based startups in quantum-related areas. The firm was founded by Lars Fjeldsoe-Nielsen, a Silicon Valley operator turned investor, and Niels Nielsen, an entrepreneur and pioneer investor in Quantum Computing to bring the true, high-growth value of network effects […] Read more ›
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Slush 2022 is getting closer and tickets are flying off the shelves. We had a quick chat with the new CEO Eerika Savolainen, who took over in January 2022 and is leading the team creating another great event in November. She shares with us some personal and professional goals and how she sees Slush developing […] Read more ›
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Lahti-based startup Ori Solution Oy has collected €250K in a pre-seed round. Ori Solution is innovating and developing induction-based flow-to-electrical energy technology. Ori Solution successfully closed its third pre-seed fundraising round in July 2022. The Finland-based clean energy company was founded in 2019 upon a state-of-the-art energy conversion innovation. The company has secured one patent […] Read more ›
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Located in Träslövsläge, Ekkono Solutions raises €3 million in growth capital from Etteplan Oyj, the Finnish company providing engineering services. Etteplan joins existing investors by acquiring 20% ​​of the company and will become a reseller of Ekkono’s software, enabling product companies to quickly develop customized smart functions that are self-learning, predictive and sustainable. The startup […] Read more ›
2
Lyngby-based bunker procurement optimization software BunkerMetric has been acquired by StormGeo, an Alfa Laval which is a Swedish company in heat transfer, centrifugal separation, and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 […] Read more ›
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Tech Wire Asia | 28% 12 |
Business Insider | 27% 6 |
Android Authority | 5% 1 |
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Gizmodo | 4% 1 |
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29.11.2024 19:52
Last update: 19:46 EDT.
News rating updated: 02:41.
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