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
Oslo-based startup Sonair has raised $6 million to expand distribution of its ADAR sensor, a 3D ultrasonic sensing system designed for robots operating around humans. The round included both new and existing investors, such as Scale Capital, Investinor, RunwayFBU, SINTEF, and ProVenture. ADAR uses sound waves to map surroundings in real time and is safety-certified […] Read more ›
0
Swedish-Chinese entrepreneur Carl Pei’s company Nothing has raised $200 million in a Series C round, valuing the firm at $1.3 billion. Nothing initially focused on smartphones and has shipped millions of devices, reporting more than $1 billion in cumulative sales. The round was led by Tiger Global and included new strategic investors Qualcomm Ventures and […] Read more ›
0
Stockholm-based Sana announced it has entered into a definitive agreement to be acquired by Workday in a transaction valued at $1.1 billion, marking both a major milestone for the company and its arrival as a unicorn. Sana has built AI-native products such as Sana Learn and Sana Agents, which serve more than a million employees […] Read more ›
0
Outlast Fund, a venture capital firm with offices in Riga and Stockholm, has closed a €21 million fund to invest in early-stage startups in the Baltics and Nordics. The fund will target pre-seed and seed rounds, writing initial cheques of up to €250,000 and €1.5 million respectively. Outlast positions itself as an early backer, supporting […] Read more ›
0
Helsinki-based ONEiO has raised €8 million in a growth round led by Finnish private equity fund Bocap, with participation from existing investor Fairpoint Capital. The company provides IT integration services for enterprises, including Bayer, Volkswagen, and CGI, aiming to replace project-based integrations with a continuously managed, automation-led approach called IntegrationOps. The funding will be used […] Read more ›
6
Stockholm-based Opper AI has acquired FinetuneDB, a platform for fine-tuning large language models, to integrate dataset curation and training workflows into its Task-Completion API. The move aims to streamline the process of turning user feedback into models optimized for specific tasks. FinetuneDB co-founders Felix Wunderlich and Farouq Aldori will join Opper as Chief Growth Officer […] Read more ›
0
Gothenburg-based foodtech company SMAQO has completed a funding round led by Singapore’s Good Startup (Good Protein Fund), with participation from ITIL Partners and Nordic early-stage investor Nuora Capital. The company develops hybrid mycoprotein products using fermentation technology aimed at producing high-protein foods with a lower environmental footprint. The funding will support scaling of production, further […] Read more ›
1
Smartvatten, a Finnish provider of digital water management tools, has acquired LeakLook, a domestic company focused on submetering and IoT-based monitoring for real estate. With the deal, LeakLook’s staff will join Smartvatten’s 150 employees, strengthening the company’s technical capabilities in IoT and AI. The combined platforms now cover water use in more than 40,000 properties […] Read more ›
2
Copenhagen-based startup Evertrace has acquired German firm Whisper AI in a move aimed at expanding its presence across Europe. Evertrace develops a machine learning–based platform that provides venture capital investors with early signals on emerging founders and startups. Whisper AI brings expertise in company registry data and an established position in the DACH region, which […] Read more ›
0
Aarhus-based startup Understory has raised €12 million in Series A funding, in a round led by London-based Smedvig Ventures. The company develops an AI-based platform that integrates booking, payments, and marketing tools for experience providers, aiming to address inefficiencies in how the sector manages customer demand and operations. The funding will be used to expand […] Read more ›
0
Vilnius-based employee well-being platform MELP has secured €1.25 million in funding from Coinvest Capital and business angels, with Coinvest contributing €800,000. The company offers tools for workforce engagement, including benefits selection, internal communication, and employee recognition. Since its previous funding round in January 2024, MELP reports that its user base has grown from 16,000 to […] Read more ›
0
Espoo-based IQM Quantum Computers has secured $320 million in Series B funding, bringing its total financing to $600 million. The round was led by U.S. investor Ten Eleven Ventures, with increased backing from Finnish state-owned investment company Tesi, and participation from pension funds Elo and Varma, as well as Schwarz Group, Winbond Electronics, EIC, and […] Read more ›
0
Teton.ai has raised $20 million in a Series A round to expand its predictive intelligence platform for healthcare, with a focus on elderly care. The round was led by Plural, joined by Bertelsmann Investments, Antler Elevate, Nebular, and follow-on investor PSV Tech. Teton.ai uses proprietary AI and computer vision to shift care delivery from reactive […] Read more ›
0
Standab, a Stockholm-based provider of charging infrastructure for light electric vehicles, has secured €3.6 million in new funding. The round was led by Spintop Ventures alongside Almi Invest GreenTech. The company develops standardized charging stations designed to reduce reliance on battery swapping for e-scooters and e-bikes, a practice that is often costly and emissions-heavy. Standab […] Read more ›
0
Stockholm-based SaaS company Flowbox, which provides tools for brands to collect and redistribute user-generated content, has acquired Danish influencer marketing platform Dreaminfluence. The deal expands Flowbox’s European customer base to over 1,000 clients and brings its annual recurring revenue close to €9 million. Dreaminfluence, founded in 2018, counts companies such as Estée Lauder and Mondelēz […] Read more ›
0
Vilnius-based startup Kashimi has raised $1.36 million in pre-seed funding to expand its alternative payment infrastructure for licensed financial institutions. The round was co-led by Coinvest Capital and Impellent Ventures, joined by Plug and Play Tech Center and several international angel investors. Founded in 2024, Kashimi develops payment initiation technology aimed at supporting banks, e-money […] Read more ›
2
Helsinki-based space technology company ReOrbit has raised €45 million in a Series A round, marking the largest all-equity Series A in Finland and a standout deal in Europe’s space and defence sector. The round was led by Springvest, with backing from Elo, Varma, Icebreaker.vc, Expansion, 10x Founders, and Inventure VC. Founded in 2019, ReOrbit builds […] Read more ›
0
Espoo-based Agate Sensors has secured €5.6 million to accelerate commercialization of its chip-scale spectral sensors, which shrink lab-grade spectroscopy into a component smaller than a grain of sand. The round combines €4 million in seed funding, led by Voima Ventures (Finland) and LIFTT (Italy), with €1.6 million in grants from Business Finland. Agate has developed […] Read more ›
1
DataCrunch, a Helsinki-based provider of AI infrastructure, has secured €55 million in Series A funding to expand its cloud platform and pursue plans for an EU-backed AI gigafactory in Latvia. The round was led by byFounders, Skaala, Varma pension fund, and Tesi, with contributions from J12 Ventures, angel investors, and debt financing provided by Nordea, Armada […] Read more ›
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Finnish food technology company SuperGround Oy has secured an additional €1.15 million, bringing its total recent funding to €3.65 million. The extension round was led by CHECK24 Impact (Germany) and Propeller Ventures (US), following earlier backing from Hatch Blue Revolution Fund. SuperGround specializes in patented processing technology that transforms undervalued fish and poultry side streams […] Read more ›
0
Most popular sources
Business Insider
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34% 16 |
Gizmodo
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12% 5 |
CNET
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7% 3 |
The Verge
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6% 0 |
Tom's Hardware
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5% 3 |
| View sources » | |
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13.12.2025 10:38
Last update: 10:30 EDT.
News rating updated: 17:31.
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