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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Helsinki-based startup Aeromon receives 4.8 million euro support for its emission monitoring system which enables automatic reporting of emissions with a 360 degree view giving its customers real-time process insights. 2.4 million euros of the funding is provided as a loan from the Finnish Climate Fund while the rest came from the existing shareholders along […] Read more ›
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The early-stage fund headquartered in Tallin & Zug, Superangel has announced its new fund. The VC firm will be backing early-stage startups with innovative projects in the Baltics and Nordics. This 50 million euro fund will feed the ideas of science-based and R&D-intensive companies. To date, Superangel has supported many early stagers like Bolt, Rappi, […] Read more ›
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Findable, Oslo-born startup, has raised €2M seed in a round led by Danish early-stage VC firm KOMPAS. Construct Venture and Malling & Co Venture participated the seed funding round. Findable’s solution provides a practical alternative to physical storage methods in building documentation and storage process. It also comes with financial benefits to users as it […] Read more ›
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Es startup Caidio with data-driven and AI-powered digital quality assurance solutions for concrete construction has collected $1.5M from many investors including ADB Ventures, MiraclePlus, AINS Ventures, HBG Invest, and Random Ventures (Peter Vesterbacka and Kustaa Valtonen) in a seed round. This will help the company change the way of concrete production starting in Asia. Founded […] Read more ›
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With a network of drone operators in over 108 countries, GLOBHE is collecting high-resolution earth observation data globally –  which helps businesses, organizations and researchers understand the world and take action. GLOBHE’s drones gather data 30 times faster than cars can, are cheap to operate, and provide significantly higher resolution than satellite images. The Swedish […] Read more ›
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Stockholm-headquartered MedTech startup Capitainer has raised 3.2 million euros (MSEK 34) in a Series B round led by Sciety, the investment syndicate with its focus on Swedish life science. The funding will be put into use for the commercialization and development of its product. The MedTech startup is trying to make healthcare diagnostics easily accessible […] Read more ›
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Copenhagen-based startup ZeroNorth has received over $50 million in Series B funding to continue digitalizing shipping for a more sustainable future. The investment was provided by the US-based growth equity firm PSG along with the startup’s existing investors A.P. Moller Holding and Cargill. This financial support will make it possible for the Danish startup to […] Read more ›
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The startup Huuva, which enables users to order from different restaurants in one order to ease the food delivery system, has secured 4.9 million euros in a seed round led by General Catalyst, the venture capital firm headquartered in the USA. Helsinki-based Lifeline Ventures also joined the Finnish startup’s round along with angel investors including […] Read more ›
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Turnpike, the Swedish developer of a wearable technology-based social network platform, announces its closing of an oversubscribed capital round. The Stockholm-based startup was hoping to raise €1.19 million (MSEK 12.5) but the investors including Shervin Razani, Tomas Franzén, and Johan Dennelind contributed to the round with €2.6M (MSEK 28) funding in total. To date, the […] Read more ›
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Finnish SaaS startup Hoxhunt has secured 40 million dollars in a Series B round led by New Yorker Level Equity Management along with its existing investor Icebraker.vc. The Helsinki-based platform combines cognitive automation with the human touch to create individualized adaptive training experiences employees love, and a managed service model enterprises depend on. Hoxhunt will […] Read more ›
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Copenhagen’s online legal service operator Legal Desk unveils its Series A funding of 3.1 million euros (DKK 23M) which is planned to be used to reach more markets across the Nordic region. The investment was made by an angel investor, Michael Haaning. He will join the board to work with the existing shareholders Niels-Ulrik Mousten […] Read more ›
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Uppsala-based startup Favro‘s online project management tool has received 300 thousand euros in a seed round led by pan-Baltic venture capital fund Practica Capital with the participation of many investors and Capitalia, the financier and financial advisor with its focus on small and medium-sized companies in the Baltic sea region. It is a collaborative planning […] Read more ›
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Vilnius-based multinational loan matchmaking platform Lenders goes in a partnership with Nordigen, the Riga-based fintech startup. Founded in 2013, Lenders is a loan comparison portal with more than 100,000 customers. The portal enables users to compare the offers of multiple credit institutions and borrow money at a lower interest rate. As for Nordigen, its big […] Read more ›
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Icelandic cybersecurity startup Nanitor receives $1.7M from some private investors along with its existing investor Brunnur Ventures. With this capital injection, Reykjavik-based startup will be able to expand in foreign markets. Nanitor’s all seeing cybersecurity user-friendly platform automatically discover users’ global IT assets and continuously identify fundamental cybersecurity issues. The platform helps companies detect and […] Read more ›
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Stockholm-based deep tech startup Plexigrid has secured 2 million euros in a round led by Miami-based venture capital firm TheVentureCity. The Swedish startup develops data-driven software tools to help all in the electricity distribution network to reach overall analysis. Plexigrid’s focus on this matter is the low voltage grid compared to other solutions for distribution […] Read more ›
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Swedish fossil-free and smart delivery service Budbee received around €38M at the very beginning of this week. After closing the amount of €38M, the startup managed to get closer to being claimed as a unicorn. Budbee is already making deliveries across five different countries including Sweden, Finland, Denmark, Belgium, and the Netherlands. Now with the […] Read more ›
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Tallinn-based deep tech startup GScan has raised 1.4 million euros in a round led by AS Amalfi, Hansa Grupp OÜ and Sillever OÜ. The startup’s total valuation rises up to €18M with this investment. The startup’s expertise is based on particle physics applications that can be easily applied anywhere like security, border control, industry, and […] Read more ›
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Swedish pet insurance startup Lassie has received €11M (SEK 115 million) series A from notable angel investors including Karl-Johan Persson, Fredrik and Caroline Hjelm and Josefin Landgård. The round was led by British venture capital firm Felix Capital with the participation of Nordic venture fund Inventure and Londoner VC firm Passion Capital. Lassie. From Felix Capital: […] Read more ›
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Late-stage agritech Lantmännen Cerealia partners up with foodtech startup Mycorena. Two Swedish companies join forces to come up with new sustainable food products. The demand for sustainable food has increased during the past few years and now this partnership is targeting to offer alternative food sources and ingredients with also good taste and texture. They […] Read more ›
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Swedish research-based biotech company Cinclus Pharma has raised 22 million euros in a private placement led by Trill Impact. A number of Swedish and international institutional investors joined the round along with its existing shareholders. Nordic life science venture group Eir Ventures I AB, Irrus Investments Nominee Limited, Fjärde AP-fonden (The Fourth Swedish National Pension […] Read more ›
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30.11.2024 01:35
Last update: 01:30 EDT.
News rating updated: 08:31.
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