Ousia Pharma, a Copenhagen-based biotech company founded in 2022, has secured a seed financing round led by Omega Funds to advance its innovative approach to treating obesity. The company is developing a dual-incretin-NMDA receptor antagonist conjugate, a novel drug-targeting method that delivers small-molecule neuroplasticity modulators to the brain’s appetite control centers. This financing will support […] Read more ›
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Lithuanian FinTech startup Veli has raised a high six-figure investment from Omorika Ventures to advance its crypto portfolio platform designed for financial advisors and wealth managers. The funding will support the development of an API for crypto brokerage platforms, a solution for private banks, and team expansion in both development and sales. With a focus […] Read more ›
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Stockholm-based AI-BOB has secured €2 million in funding to further develop its AI-driven compliance technology for the construction industry. The round was led by VC firm CapitalT, with participation from Fund F, NCA, and angel investors. The company, founded in 2024, focuses on detecting blueprint errors before construction begins, aiming to reduce costly mistakes and […] Read more ›
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Umeå-based audit-tech startup Senseworks has secured €2.6 million (SEK 30 million) in a funding round led by Industrifonden, joined by Kaknäs Invest, Curitas Ventures, and Partnerinvest Norr. The company develops a SaaS platform that integrates data from multiple systems in real-time, aiming to replace manual processes in auditing and accounting. The funding will be used […] Read more ›
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Tampere-based biotech startup StemSight has raised €2.3 million in funding to advance its stem cell-based therapy for limbal stem cell deficiency (LSCD), a condition that leads to corneal blindness. The investment, led by Voima Ventures and supported by Finnish family offices (Stephen Industries Inc. & Biothom Oy), private investors, and Business Finland, will fund preclinical […] Read more ›
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Nordic venture capital firm Fåhraeus Startup and Growth AB (FSG) has completed the final close of its second fund, FSG Fund II, at €75 million (848 million SEK). The European Investment Fund (EIF) has joined as a key investor, contributing €20 million (233 million SEK), alongside existing backers such as Saminvest. Since launching in 2023, […] Read more ›
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Agteria Biotech, a Stockholm-based startup developing methane-reducing feed additives for cattle, has raised €6 million in a seed round co-led by Industrifonden and AgriZeroNZ, with participation from Norrsken Launcher and Mudcake. The company has created the AB-01 Molecule, a patent-pending compound designed to lower methane emissions from cattle in a scalable and cost-effective way. With […] Read more ›
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Gridraven, a Tallinn-based startup revolutionizing grid capacity with AI-powered Dynamic Line Rating technology, has raised €4 million to fuel its expansion into the U.S. The funding round was led by 42CAP and Icebreaker.vc, underscoring strong investor confidence in the company’s ability to optimize energy transmission without additional hardware. As part of its expansion, CEO Georg […] Read more ›
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Søborg-based biotech startups Cellugy and Bioli have formed a partnership to introduce a new sustainable skincare product. Bioli’s Moisturizing and Protecting Day Cream incorporates EcoFLEXY, a biofabricated cellulose-based ingredient developed by Cellugy, as a rheology modifier. EcoFLEXY is a biobased alternative to the commonly used petrochemical-based modifiers, offering a biodegradable solution for the cosmetics industry. […] Read more ›
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Copenhagen-based fintech startup ReBloom has raised €400k in a pre-seed round to develop its AI-driven platform for private secondary trading. Founded in 2024 by Camilla Molina Nysum and Daniel Abdulla Bobruk, the company seeks to improve accessibility to unlisted shares in companies like SpaceX and Revolut. ReBloom’s technology aims to streamline transactions and match investors […] Read more ›
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Nordic SeaFarm and FutureLab & Partners have officially joined forces to launch Manatee Biomaterials, a pioneering venture set to revolutionize biomaterials with ocean-based solutions. Combining Nordic SeaFarm’s expertise in regenerative seaweed cultivation with FutureLab & Partners’ cutting-edge innovation in circular economy technologies, Manatee Biomaterials will develop high-performance, renewable materials for industries seeking sustainable alternatives. With […] Read more ›
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Course Corrected VC has successfully closed the first round of its second fund, raising over SEK 720 million. The fund, backed by investors such as European Investment Fund (EIF), Saminvest AB, SEB Life and Pension, SEB Stiftelsen (SEB), will focus on early-stage companies in the climate technology sector. The firm plans to use this capital […] Read more ›
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Innovatum Science Park, which specializes in industrial technology, has received €48.1K (SEK 14.6 million) in funding following its continued recognition as an excellence incubator for 2025-2029 by Vinnova. The incubator, part of Sweden’s National Incubator Program, focuses on supporting hardware startups, particularly in deep tech and additive manufacturing. With this new funding, Innovatum will further […] Read more ›
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Dead Astronauts, a Malmö-based game studio, has secured an oversubscribed €4 million seed round led by Behold Ventures. The funding round also saw participation from Lifelike Capital, 1Up Ventures, Acequia Capital, and angel investors including Are Mack Growen, Matt Bilbey, Klaas Kersting, Asbjoern Malte Soendergaard GDC, and Kristian Segerstrale The Malmö-based studio is developing VEIL, […] Read more ›
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The 2024 Visa She’s Next grant has once again highlighted the innovative spirit of female entrepreneurs in Finland. This year, three exceptional women have been recognized for their contributions to their respective fields, each receiving a €10,000 grant along with a year of business coaching through Feminvest. Tytti Tamminen, founder of Moneybee, is revolutionizing financial […] Read more ›
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Helsinki-based Sustashift has secured a funding round, led by Greencode Ventures with participation from Wave Ventures. The company focuses on automating CSRD reporting for businesses, offering a software solution that drastically reduces the time required for tasks like digital tagging, from 500 hours to just five seconds. The funding will support the scaling of this […] Read more ›
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GetWhy, a Copenhagen-based AI-powered consumer insights platform, has secured $8.45 million (60 million DKK) in debt financing from CIBC Innovation Banking. This follows its $34.5 million Series A round from PeakSpan Capital in 2024, bringing its total funding to $64.5 million. The company develops AI-driven tools for qualitative consumer research, offering video-based insights at a […] Read more ›
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Copenhagen-based Focalx has raised €1.8 million (13.5 million DKK) in a funding round led by byFounders, with participation from AI and SaaS investors, including Christian Brink Frederiksen and Tony Beltramelli. The company develops AI-driven car inspection technology aimed at reducing errors and disputes in vehicle damage assessments. Currently operating in eight markets, Focalx’s system detects […] Read more ›
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Tallinn-based startup DriveX has raised €1.2M to enhance its AI-powered windshield damage detection technology. The funding round, led by Carglass Estonia and supported by a development grant from the EIS Applied Research Program (RUP), will help DriveX expand its capabilities in vehicle inspections. The company’s technology assists insurers and repair services in assessing glass damage remotely, […] Read more ›
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SportIQ, a Helsinki-based sportstech startup known for its smart basketballs and data-driven shooting software, has been selected for the NBA Launchpad program, a six-month initiative designed to support emerging technologies in sports. The program will provide SportIQ with access to NBA resources to refine its technology, which already tracks player shooting performance using sensors in […] Read more ›
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Oslo-based startup Tana has raised €13.6 million in Series A funding, bringing its total to €24.3 million. The round, led by Tola Capital and joined by Lightspeed Venture Partners, Northzone, Alliance VC, and firstminute capital, will be used to further develop Tana’s AI-driven workspace, which integrates knowledge graphs, object-based note-taking, and customizable AI agents. Founded […] Read more ›
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14.05.2025 16:32
Last update: 16:26 EDT.
News rating updated: 23:21.
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