Keystrike, an innovative cybersecurity startup based in Iceland, has recently announced securing a substantial $1 million in pre-seed funding. This investment round was led by a consortium consisting of Grófin Business Development, Investco, Arcus Invest, Lira, and supported by an influential international private investor within the cybersecurity domain. The infusion of capital aims to power […] Read more ›
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Oxx, the European VC firm rooted in Stockholm and London, announces its closure of a $190 million fund dedicated to propelling B2B SaaS scaleups across Europe into the AI-driven future. With a 40% surge from their last fund, this milestone underscores investor confidence in Oxx’s strategy. Doubling their team and welcoming new partners and principals, […] Read more ›
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Idun, the Stockholm-based software company behind ProptechOS, an innovative operating system for building data, recently concluded a funding round, the specifics of which were undisclosed, led by SaaS investor Partinc. ProptechOS functions by aggregating real-time data from diverse sources like building management systems, BIM, business data, and IoT devices, enabling optimization in energy use, presence […] Read more ›
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Fractory, the Estonian manufacturing technology startup, announced the appointment of Lone Jensen as their inaugural Chief Operating Officer (COO). Jensen, hailing from Denmark, brings a wealth of experience as a former computer engineer turned operational leader, previously holding key roles at Startup Wise Guys, a distinguished European B2B early-stage investor. During her tenure spanning six […] Read more ›
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BeCause, a Copenhagen-based startup, has recently secured €1.75M in seed funding, which notably includes a €650K open tail-end, enabling strategic investors to participate on equal terms. The funding round was led by prominent investors such as Ugly Duckling Ventures and Superangel.io, with additional contributions from notable figures including serial exit entrepreneur Sean Brown (UK), Director […] Read more ›
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Tech Nordic Advocates (TNA), Northern Europe’s largest tech startup ecosystem, based in Helsinki, Stockholm, Oslo and Copenhagen, secured funding from the City of Helsinki Innovation Fund, City of Espoo, City of Vantaa, and various commercial partners to launch ‘Finland as Female Tech Founder Frontrunner,’ marking the first-ever international accelerator program in Finland designed specifically for […] Read more ›
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Stockholm-based SaaS scaleup Stravito has partnered with another Swedish startup Lägereld, a user-friendly mental health support platform. Stravito provides an AI-powered enterprise insights platform for global corporations to maximize market research value, while Lägereld offers a user-friendly digital platform focused on confidential mental health support for employees within organizations. With this partnership, Stravito and Lägereld […] Read more ›
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Factbird, a Copenhagen-based tech company specializing in cloud-based manufacturing intelligence solutions, secured a substantial $16 million investment from Expedition Growth Capital and Denmark’s Export and Investment Fund, EIFO. Their innovative technology optimizes production lines by providing real-time operational data, addressing a critical need in the manufacturing industry. With this infusion of capital, Factbird intends to […] Read more ›
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Helsinki-based Carbo Culture recently closed a $18 million Series A funding round, co-led by GenZero and True Ventures, alongside support from Tesi and several notable climate tech investors and family offices. Renowned for its pioneering carbon removal technology, Carbo Culture aims to bring its proven solutions to market by 2025. With this substantial financial boost, […] Read more ›
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Lassie, the pet insurance startup, secured €23 million in Series B funding led by Balderton Capital, marking a total funding of €36.5 million. The previous investors Felix Capital, Inventure, Passion Capital and Philian (H&M Chair Karl-John Persson) also participated in the round. Founded in 2021 in Sweden, Lassie distinguishes itself by not just providing insurance […] Read more ›
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One Click LCA, a Helsinki-based decarbonization software platform for the construction and manufacturing sectors, has secured a substantial €40 million investment from PSG Equity and InfraVia Capital Partners. The platform, known for its life-cycle assessment (LCA), environmental product declaration (EPD), and sustainability solutions, serves a global clientele, including major industry players like Skanska and LafargeHolcim, […] Read more ›
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Vilhelm von Ehrenheim, an AI expert formerly at EQT, has become the Chief AI Officer and co-founder of Swedish startup QA.tech. QA.tech specializes in AI-driven tools for streamlining application testing. They aim to automate Quality Assurance (QA) testing processes using AI, thereby helping developers save significant time. Von Ehrenheim’s move signifies a strategic shift towards […] Read more ›
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Linio Biotech, a Helsinki-based biotech company, has secured €4.2 million in additional funding, bringing their total funding to over 9 million euros, to support the commercialization of their breakthrough product, Tience®. Tience® is an injectable tissue innovation intended for professional use, aiding in skin regeneration to address aging signs and visible scars. This funding will […] Read more ›
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Aiven, a Helsinki-based open-source cloud data platform, has acquired EverSQL, a database optimization software vendor. This acquisition aims to integrate EverSQL’s AI-powered capabilities into Aiven’s platform, allowing customers to automate database performance optimization. By leveraging AI-driven insights, Aiven intends to streamline data workflows, enhance infrastructure performance, and reduce costs for businesses utilizing their services, starting […] Read more ›
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Eliq, a Gothenburg-based software company specializing in home energy efficiency, recently secured a €10 million growth round involving existing investor Inven Capital, alongside new investors Axpo and Valkea. Their platform empowers utilities, banks, and smart home providers by interpreting energy data, guiding efficient energy usage, and facilitating upgrades and green financing for customers. With this […] Read more ›
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Helsinki-based Solar Foods recently secured €8 million in its debut funding round from retail investors in Finland through Springvest Oyj, marking the largest funding on the platform to date. The company specializes in sustainable food solutions, notably pioneering Solein®, a protein source produced from air and electricity. The funds acquired will primarily facilitate the expansion […] Read more ›
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NMD Pharma, an Aarhus-based biotech company, secured €75 million in a Series B financing led by Jeito Capital, with contributions from existing investors such as Novo Holdings, Lundbeckfonden BioCapital, INKEF Capital, and the Roche Venture Fund. Specializing in developing innovative treatments for neuromuscular diseases, NMD Pharma focuses on creating first-in-class ClC-1 molecule inhibitors to restore […] Read more ›
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Aalborg-based startup Frugal Technologies, specializing in fuel optimization for shipping fleets, received a strategic investment from Emerson, a global automation technology and software company. Frugal’s cloud-based propulsion optimization software, utilizing AI to analyze dynamic conditions like weather and cargo load, aims to create optimal engine models for ships, potentially reducing fuel consumption by up to […] Read more ›
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Texray, a Gothenburg-based startup with radiation protection solutions, has recently secured a €3.9 million (SEK 45 million) investment round led by Industrifonden and backed by private investors at Impilo, surpassing initial expectations. The company specializes in developing advanced radiation protection gear that addresses the heightened risks faced by healthcare professionals during x-ray-guided surgical procedures. Texray’s […] Read more ›
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Haut AI, a Tallinn-based generative AI startup specializing in skincare intelligence tools, has successfully closed a €2 million seed funding round led by LongeVC, a prominent biotech and longevity-focused venture capital firm, in collaboration with Grupo Boticário‘s VC arm, renowned for its investments in the beauty sector. The startup utilizes advanced generative AI technology to […] Read more ›
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14.06.2026 10:04
Last update: 09:55 EDT.
News rating updated: 16:50.
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