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Nurcin Metingil @ ArcticStartup 3 place · 11/01/2023 02:29 EDT

Danish biotech startup secures $6.7 million investment to accelerate green agriculture solutions

Odense-based biotech startup Bioomix has announced a major milestone with a $6.7 million investment round led by Westhill Capital, alongside existing investors such as PreSeed Ventures, Planetary Impact Ventures, HBL Invest, and David Hollidge. The startup develops all-natural microbial products that can help farmers achieve a higher and better yield with fewer chemicals and emissions. […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/31/2023 08:36 EDT

Finnish startup gets $22 million to build low-cost, low-energy scalable IoT networks for global enterprise

Helsinki-based startup Wirepas has raised $22 million in a funding round led by Highland Europe, and joined by Amalfi and IQT as well as previous investors ETF Partners, KPN Ventures, Vito Ventures and Vesa Laisi. The startup builds scalable and energy-efficient IoT networks for enterprises, using decentralized mesh technology and algorithms to connect a large […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/31/2023 06:07 EDT

Swedish impact unicorn secures $4 Million to tap into booming obesity and diabetes market

Stockholm-based Sigrid Therapeutics has successfully raised $4 million in an oversubscribed funding round to support its innovative SiPore® technology. SiPore® is a natural, non-drug solution aimed at addressing the obesity and diabetes markets. The investment was made by both existing and new investors. The funds will be used to accelerate the commercialization of SiPore® in […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/31/2023 04:09 EDT

Maria01’s new CEO Sarita Runeberg

Maria 01, a Helsinki-based startup hub, has a new leader at the helm, Sarita Runeberg, who steps into the role of CEO. Runeberg is renowned for her successful efforts in expanding Finnish businesses on the global stage, making her a fitting choice to steer Maria 01 into a new era marked by innovation and growth. […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 10/31/2023 04:02 EDT

Estonian startup collects €1.3 million in an extended seed round, revolutionizing hotel management

OTA Sync, a hospitality tech startup based in Tallinn, has successfully concluded an extended seed round, raising a substantial €1.3 million in funding. The startup provides a comprehensive cloud-based solution for hotel and property management, streamlining operations and enhancing guest experiences. The round was led by Presto Ventures and featured participation from Katapult Akcelerator, TS Ventures […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/31/2023 03:11 EDT

Finnish climatetech startup raises seed funding to help cities reach their sustainability goals

Helsinki-based climate tech startup Kausal has secured €880K in seed funding from investors like Innovestor and Zubi Capital to support its mission of helping cities worldwide achieve their sustainability goals. The startup offers a software-as-a-service (SaaS) platform that allows local governments to efficiently plan, monitor, and coordinate a range of sustainability initiatives, from carbon neutrality […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/31/2023 02:25 EDT

Kausal raises €800K seed

Helsinki-based climate tech startup Kausal has secured €880K in seed funding from investors like Innovestor and Zubi Capital to support its mission of helping cities worldwide achieve their sustainability goals. The startup offers a software-as-a-service (SaaS) platform that allows local governments to efficiently plan, monitor, and coordinate a range of sustainability initiatives, from carbon neutrality […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 10/30/2023 06:09 EDT

Treyd partners with Stroodles

Stockholm-based startup Treyd has entered into a strategic partnership with Stroodles, a British company famous for its innovative edible tableware products. Treyd’s primary focus is on aiding the growth of small and medium-sized enterprises (SMEs) in the retail sector. They achieve this by offering a unique solution that allows businesses to “sell first, pay suppliers […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/27/2023 05:06 EDT

Swedish playtech startup teams up with the fintech startup for $2.7 million investment to accelerate expansion and fuel at-home fitness movement

Stockholm-based playtech startup Boxbollen has partnered with Gothenburg-based fintech startup Juni for a $2.7 million capital injection to support Boxbollen’s rapid growth. Boxbollen, known for its head-tethered boxing ball and app, saw substantial sales and revenue growth in 2022. Juni specializes in helping ecommerce businesses manage their cash flow, especially for marketing and media expenses. […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/27/2023 04:18 EDT

Montinutra raises €2M

Espoo-based startup Montinutra, now rebranded as Boreal Bioproducts, has successfully raised €2 million in pre-A funding. This investment round, led by Metsä Spring and private investors, is set to propel Boreal Bioproducts’ pioneering efforts in the transformation of forest industry sidestreams into sustainable, high-value biochemicals. The company’s mission is to replace traditional fossil-based products in […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/26/2023 04:54 EDT

Female-founded sustainable knitwear brand secures €250K for US expansion and empowering women in Lithuania

Vilnius-based startup The Knotty Ones, a sustainable clothing brand deeply rooted in Lithuanian knitting traditions, recently secured a €250,000 investment, primarily from female investors. The startup operates a retail business centered around the creation of artisanal knitwear. This investment will fuel their expansion, particularly in the United States, with a focus on meeting the demands […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/26/2023 03:27 EDT

Norwegian maritech startup raises €2.5 million to set sail for a greener horizon

Nortech AI, a tech startup originating in Lisbon, Portugal and based in Bergen, Norway, has secured €2.5 million in a seed funding round from Indico Capital Partners, Earlybird-X, and joined by The Visionary Company & VC. The startup specializes in providing AI-driven solutions to optimize fuel consumption, navigation, equipment maintenance, and real-time data for the maritime […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/26/2023 02:22 EDT

Finnish startup secures €330K pre-seed funding to tackle organizational knowledge fragmentation with cutting-edge AI

Helsinki-based startup Wudpecker has secured €330,000 pre-seed funding from investors, including Trind VC, Accelerace, and Sofokus Ventures. The funding round was initiated on Slush’s year-round Node by Slush platform. The AI-driven knowledge management platform extracts and centralizes critical information from diverse sources, enabling professionals to access and utilize data efficiently to enhance organizational productivity. Wudpecker […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/25/2023 08:20 EDT

Lithuanian startup secures investment to advance AML compliance solutions for DeFi and cryptocurrency market

Micapass, a Vilnius-based regulatory technology startup, has secured a €240K investment from “SUPER HOW?” and the Baltic startup accelerator “Firstpick” to develop an innovative Know Your Customer (KYC) solution for decentralized finance (DeFi) protocols and web3 users. The RegTech startup offers advanced Anti-Money Laundering (AML) compliance solutions to enhance regulatory oversight and prevent illicit activities […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/24/2023 08:32 EDT

Swedish cloud infrastructure automation platform receives €1.1 million pre-seed funding boost

Stockholm-based Ankra, a cloud infrastructure automation platform, recently closed €1.1 million in pre-seed funding, led by UK-based B2B investor SuperSeed, in addition to the backing of notable angel investors. The cloud infrastructure automation platform simplifies the setup and maintenance of cloud infrastructure, enabling developers to rapidly deploy applications with a focus on code and innovation. […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 10/24/2023 07:49 EDT

Dealflow raises €700K preseed

Dealflow, a Copenhagen-based startup, recently raised a significant $700,000 pre-seed round with one of the highest valuations in the Nordic region in 2023. The primary goal of this funding is to assist global companies in managing their invoicing, payments, and finances in the age of AI. The company prioritizes maintaining control in the hands of […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 10/24/2023 04:15 EDT

Your.Rentals raises €2.7M

Copenhagen-based Your.Rentals, a leading short-term rental management platform, has secured €2.7 million in growth finance, with an investment from Trind Ventures following a successful Seedrs crowdfunding campaign. This capital infusion will fuel Your.Rentals’ expansion efforts, allow them to enhance their financial services for property owners and managers, forge strategic partnerships with key channels like Booking.com, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/24/2023 03:37 EDT

Swedish SaaS platform raises funding for innovative data protection solution

Lund-based startup Pinteg has secured nearly €600K (7 MSEK) in funding for its data protection platform called Fairity. The company aims to address the challenges businesses face in complying with GDPR law, as 86% of business leaders currently lack satisfactory solutions for GDPR compliance. Pinteg is at the forefront of developing innovative data protection solutions […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/24/2023 02:35 EDT

AMLYZE partners with Shufti Pro

AMLYZE, a Vilnius-based RegTech startup specializing in anti-financial crime solutions, has partnered with Shufti Pro, an identity verification service provider, to enhance AML and KYC services for their clients. This collaboration combines AMLYZE’s expertise in transaction monitoring and sanctions screening with Shufti Pro’s advanced compliance and identity verification technologies, offering clients seamless identity verification, comprehensive […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 10/19/2023 04:02 EDT

Estonian startup collects €3.6 M to expand its intelligent building solutions across Europe

Tallinn’s startup Bisly has successfully secured a substantial €3.6 million in funding to drive the expansion of its intelligent building platform into the Nordics, the DACH region, and the UK. This funding round, led by Aconterra, with participation from Second Century Ventures, Reach UK, SmartCap Green Fund, Pinorena Capital, and angel investors, underlines Bisly’s commitment […] Read more

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