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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/20/2023 07:09 EDT

Danish family office knowledge platform gains investment boost to power US expansion and tech-driven services

Copenhagen-based family office knowledge resource Simple has recently secured undisclosed funding from a consortium of European and North American investors, with notable participation from California-based family office Pardon and global family office North-East. Simple’s core mission is to provide knowledge, data, and services to family offices and service providers through its platform, and this funding […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/20/2023 03:42 EDT

Finnish startup raises €1.2 million to drive SaaS marketplace growth

Espoo-based startup SaaShop Oy has raised €1.2M in seed funding to further expand its SaaS marketplace, connecting businesses with SaaS software providers. This funding round, featuring support from Business Finland, current owners, and board members, will propel SaaShop’s growth in European and North American markets, following significant expansion and customer acquisition. SaaShop simplifies software procurement […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/19/2023 09:12 EDT

Danish startup secures €14M investment for sustainable water treatment revolution

Copenhagen-based startup HPNow has successfully secured a €14 million investment in a funding round led by the Export and Investment Fund of Denmark (EIFO) and Novo Holdings, with participation from MatiTech, a sustainable water treatment solution provider in Sub Sahara, along with support from existing investors Evonik Venture Capital and AP Ventures. HPNow specializes in […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 09/19/2023 04:49 EDT

Swedish startup raises $3.8 million to transform enery grid management

Stockholm-based startup Skyqraft has raised $3.8 million in a funding round that garnered substantial interest from investors. The oversubscribed round saw participation from key players including Subvenio Invest, Neptunia Invest, and Antler, collectively injecting a crucial financial boost into Skyqraft. The newfound funding is expected to be a game-changer for Skyqraft, reinforcing its position in […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/15/2023 03:20 EDT

Estonian startup raises new funding to foster adoption of trust services internationally

Tallinn-based startup TrustLynx has announced the successful completion of a funding round that raised over €300K. The funding was led by Startup Wise Guys accelerator fund and FundingBox.VC, marking a pivotal moment in TrustLynx’s journey to foster widespread adoption of trust services on an international scale. This strategic investment will play a pivotal role in […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/14/2023 15:28 EDT

Swedish foodtech startup Mylla secures investment for national expansion

Malmö-based foodtech startup Mylla has secured investment from Swedish VC BackingMinds and tech entrepreneur Anders Frankel to support its national expansion and potentially a European rollout in the future. Mylla’s farm-to-table platform connects local food producers directly with consumers and restaurants, reducing the number of intermediaries in the food supply chain. This approach aims to […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 09/14/2023 09:22 EDT

Danish startup soars to new heights with Swedish backing

Hailing from the heart of Copenhagen, Zuuvi has secured a substantial financial injection of €1.6 million (DKK 12.5 million), sourced from a combination of its existing investors and the Swedish financial powerhouse Ark Kapital, with a portion of the funding taking the form of a high-risk loan from Ark Kapital. The startup offers a design […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/14/2023 07:30 EDT

Lithuanian startup raises €1.1 million to revolutionize in-flight power systems

WeSky, a startup originating from Vilnius, has successfully secured a substantial investment of €1.1 million. This investment comes from a consortium of Baltic investors, including Coinvest Capital, Baltic Sandbox Ventures, and an angel syndicate, in addition to continued support from existing investors Notarc Management Group. The funding will empower WeSky to move forward with its […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/14/2023 06:25 EDT

Databutton raises $5.1M seed

Oslo-based startup Databutton has raised $5.1 million in seed funding from Skyfall Ventures and Maki.vc. The online platform with an AI-powered assistant empowers people, even those without technical knowledge, to easily create interactive web applications. The funding will be directed towards expediting the development of Databutler, their AI-assisted tool, to transition it from beta to […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/13/2023 06:16 EDT

Swedish startup secures record €1.5 billion investment for the world’s first green steel plant

Stockholm-based startup H2 Green Steel has secured a groundbreaking €1.5 billion equity investment in a private placement led by investors including Altor, GIC, Hy24, and Just Climate, marking the largest such investment in a minority stake in another company to date. The startup, founded in 2020, is dedicated to advancing the decarbonization of industries, with […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/13/2023 05:39 EDT

Treyd raises $12M

Stockholm-based fintech startup Treyd is making waves in the B2B sector with its recent success in securing an additional $12 million in Series A funding. This funding round, led by Swedish investment company Nineyards Equity, who also headed Treyd’s initial Series A round, showcases the confidence investors have in the company’s innovative approach. Joining the […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 09/13/2023 04:52 EDT

Icelandic online travel agency secures $10 million, bringing its total funding to $30 million

Reykjavik-based startup Travelshift has successfully raised $10 million in capital from its existing shareholders. This funding round increases the total amount of funding to $30 million. Travelshift is an online travel agency that uses innovative AI technology to provide personalized and seamless travel experiences, recently launching a platform called “Guide to Europe” to streamline European […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/13/2023 04:16 EDT

Estonian legal tech raises €1.2M to transform contract management with innovative AI-ready upgrade

Estonian legal tech startup Avokaado has secured €1.2 million in funding, with Tera Ventures as the lead investor. Avokaado’s approach revolves around a document format called aDoc, enabling contracts to transform into intelligent entities capable of automating processes, adapting to changing conditions, and integrating seamlessly with other systems, thus enhancing efficiency and accuracy for its […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/12/2023 12:13 EDT

Finland’s Voima Ventures launches €1M science challenge for startups in Nordic and Baltic regions

Voima Ventures, a Helsinki and Stockholm-based early-stage investor specializing in science-based startups, has announced the launch of its exciting new science challenge, Velocity. Targeted at pre-seed and seed-stage science-based startups in the Nordic and Baltic regions, this initiative aims to accelerate innovation and support groundbreaking projects in the fields of green transformation, life sciences, health […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 09/12/2023 11:44 EDT

Estonian startup grabs $19M Series A to enhance cybersecurity solutions and accelerate Growth

Tallinn-based fintech startup Binalyze has secured $19 million in Series A funding, with Molten Ventures leading the round and participation from existing investors, Earlybird Digital East and OpenOcean, along with strategic newcomers like Cisco Investments, Citi Ventures, and Deutsche Bank Corporate Venture Capital. Binalyze is a cybersecurity company specializing in developing advanced Digital Forensics and […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/12/2023 10:33 EDT

Treon raises €5.5M Series A

Tampere-based IoT startup Treon has successfully closed a €5.5 million Series A funding round led by Ventech, building on their initial seed investment in 2019. The startup is known for its scalable IoT solutions tailored to industrial, digital buildings, and logistics clients. With plans to expand into the US, Denmark, and France, the funding will […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 09/12/2023 08:29 EDT

Findable partners with Canon

Oslo-based startup Findable has joined forces with the global document management leader Canon, marking a strategic collaboration set to revolutionize how commercial properties handle their documentation through the power of artificial intelligence (AI). This dynamic partnership brings together Canon’s well-established expertise in document management and Findable’s innovative AI and data management capabilities, promising substantial advantages […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/12/2023 07:53 EDT

Finnish VC announces €200M Fund II to help founders tackle global challenges

Helsinki-based venture capital firm NordicNinja has announced its Fund II, with €200 million dedicated to investing in climate and deep technologies aimed at fostering a more equitable and sustainable future. NordicNinja focuses on startups operating at the intersection of climate tech, deep tech, and digital society, leveraging the expertise of its team with engineering backgrounds […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 09/12/2023 06:59 EDT

Grönska receives financing from Nefco

Grönska, a Swedish startup specializing in indoor vertical farming cabinets, is receiving financing from Nefco (Nordic Green Bank) to expand its vertical farming solution called GrowOff. GrowOff units are closed-loop systems for growing leafy greens locally, and they can be placed in various locations, reducing transport-related greenhouse gas emissions, water usage, nutrient leakages, and the […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 09/12/2023 05:58 EDT

Finnish furniture re-commerce shop raises €2.5M to ensure minimal waste for brands and the best prices for consumers

Helsinki-based startup Mjuk has secured €2.5 million in funding to address the challenges of furniture waste and overstock in the industry. This funding comes from a group of investors, including Trind VC, Alliance VC, Superhero Capital, Lifeline Ventures, and angel investors, with €500K in equity loan support from Finnvera. The startup’s platform streamlines the buying […] Read more

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