Porvoo-headquartered SEATOM has been selected for NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA) 2026 programme, joining the Operations in Extreme Environments challenge track. The Porvoo-based company, which is developing dual-use nuclear-powered maritime systems, will receive €100,000 in initial contractual funding and take part in DIANA’s six-month accelerator, working with defence stakeholders and test […] Read more ›
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Stockholm-based venture capital firm Luminar Ventures has successfully closed its second fund, raising €65 million (715 MSEK). Their first fund has seen success through investments in companies like Mindler, Insurely, Normative, Greenely, Mynt, and Carla. The founders from their first fund are now referring new entrepreneurs to the second fund, signaling strong support from the […] Read more ›
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Copenhagen-based startupResponsibly has secured $2.4 million in a seed funding, with leading investments from Hambro Perks and Pi Labs, as well as support from Global Founders Capital, AENU, Michael Wax, and Benedikt Franke. The platform aids businesses in assessing the sustainability of their suppliers and reducing the costs associated with data compliance by using AI […] Read more ›
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Stockholm-based fintech startup Brite Payments has raised $60 million in a funding round led by Dawn Capital, with participation from Headline and existing investor Incore Invest. Brite specializes in instant bank payments using open banking technology. The funds will support Brite’s expansion across Europe, strengthen existing markets, and advance product development, notably enhancing its Brite […] Read more ›
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Helsinki-based AI governance startup Saidot has secured €1.75 million in a seed funding round led by Crowberry Capital and Ventic. this investment was further bolstered by an additional €250K contribution from Business Finland after Saidot was chosen for its “Young Innovative Companies” funding program. Saidot’s platform helps organizations harness the potential of generative AI safely, […] Read more ›
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In today’s rapidly evolving investment landscape, staying ahead of the curve is crucial for venture capital firms, private equity firms, investment companies, and family offices. That’s where Rundit – a portfolio management and monitoring solutions provider – wants to make a difference and bring the investment industry up-to-date. Ironically, the investors that are funding the […] Read more ›
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Corti, a Copenhagen-based AI-driven healthcare and public safety technology company, has announced the successful closure of its $60 million Series B funding round. This funding round was co-led by Prosus Ventures and Atomico, two prominent venture capital firms. Existing investors, including Eurazeo, Export and Investment Fund of Denmark, and Chr. Augustinus Fabrikker, also participated in […] Read more ›
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Copenhagen-based Acesion Pharma has successfully secured €45 million in Series B funding led by new investors Canaan and Alpha Wave, along with participation from the Global BioAccess Fund and existing investor Novo Holdings. Acesion Pharma is a biotech company pioneering novel therapies for atrial fibrillation (AF) by developing treatments that target SK ion channels to […] Read more ›
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Oulu-based gaming startup Spectarium has successfully raised 5 million euros in a seed round led by BITKRAFT Ventures, with participation from Delphi Digital and Framework Ventures. Spectarium, founded by industry veterans from major gaming companies like EA, Epic Games, Riot Games, and Square Enix, is dedicated to creating cross-platform action RPGs. The funding raised will […] Read more ›
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Espoo-based startup MeetingPackage has successfully secured $4.6 million in Series A funding led by Scale Capital. The startup specializes in streamlining and automating the booking and management of Meetings & Events spaces for hotels and event venues. This substantial funding injection will be instrumental in fueling the company’s expansion efforts in both the European and […] Read more ›
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[Helsinki, 2 October 2023] — ArcticStartup Events is proud to announce that a group of top Ukrainian startups will be joining NORDEEP Summit on October 11-12 in Espoo, Finland. The delegation is organized by the Ministry of Digital Transformation of Ukraine, the Ukrainian Startup Fund, and YEP Accelerator with the support of the USAID Competitive […] Read more ›
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Reykjavik-based startup Flygildi has made a notable funding announcement, securing $2.2 million in seed funding from a diverse array of backers. Flygildi specializes in developing innovative drones, notably the Silent Flyer, which replicates bird-like flight for quiet and versatile applications in both military and civilian sectors. This funding package includes support from prominent Icelandic business […] Read more ›
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Riga-based geospatial analytics startup Roibox has undergone a significant transformation through its acquisition by Jakala, a prominent marketing technology solutions company operating under Ardian Buyout. This acquisition is a significant move for Jakala as it aligns with its goal of becoming a leading all-in-one marketing company by expanding its technological capabilities and services. Roibox’s core […] Read more ›
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Tallinn-based startup ÄIO has launched a Series A funding round, attracting early investment from Voima Ventures. The startup specializes in sustainable oil and fat production through fermentation, offering eco-friendly alternatives to traditional fats and oils in industries like food, cosmetics, and chemicals. Notably, investors, including Nordic Foodtech VC, Voima Ventures, and Enterprise Estonia, are displaying […] Read more ›
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AskToSell, a startup based in Vilnius, recently secured a €100k pre-seed investment from Startup Wise Guys and Specialist VC, earmarked for the development of a sales automation platform designed for small deals. The startup provides an AI-driven sales automation platform tailored for small and medium-sized businesses, streamlining and optimizing the sales process for smaller deals. […] Read more ›
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Danish founder Caroline Chalmer‘s startup Finematter, a London-based startup in the jewelry industry, has successfully raised €2.6 million in its seed round. The funding comes from a group of notable investors, including Heini Zachariassen (Vivino) and Christine de Wendel (Zalando/Sunday), among others. Finematter’s platform connects customers with over 150 independent jewelers, offering services like ordering, […] Read more ›
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Stockholm-based startup QA.tech has raised $1 million in a pre-seed funding round led by VC firm byFounders to develop an AI-based tool aimed at streamlining Quality Assurance (QA) testing in software development. Other investors include Mikael Johnsson (co-founder of investment company Oxx and former partner at Amadeus Capital), Vigor Sörman (founder of Splay), Petter Nyman […] Read more ›
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Stockholm-based fintech startup Froda has announced a pioneering collaboration with Visa and Checkout.com that promises to revolutionize the utilization of Visa Direct. Visa Direct, a renowned processing capability enabling secure, real-time funds transfers via card credentials, has found a new application in business lending through this partnership. Froda is tapping into Visa’s robust infrastructure to […] Read more ›
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Rocky Road Games, a Reykjavik-based mobile gaming startup founded by the creators of QuizUp, has secured $3 million in seed funding led by Swedish early-stage venture capital firm Luminar Ventures, with participation from existing investors Iceland’s Crowberry Capital and Finland’s Sisu Ventures, as well as notable angel investors such as David Helgason, founder of Unity, […] Read more ›
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Tech Mahindra, the Indian multinational information technology services and consulting company, expanded its decade-long footprint in Finland on Tuesday with the inauguration of an innovation center in Espoo. Underscoring its commitment to Finland and the Nordic market, the company says its new center will house a diverse workforce, featuring experienced leaders and fresh talent, collaborating […] Read more ›
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Helsinki-based voice interaction technology startup Speechly has been acquired by the renowned online gaming and communication platform, Roblox. Speechly’s expertise lies in speech recognition and natural language understanding tools, enabling cost-efficient voice moderation to combat toxic behavior in online communities. Meanwhile, Roblox, a global hub for immersive digital experiences created by its community of users, […] Read more ›
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22.12.2025 01:23
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