Vilnius-based regtech AMLYZE has successfully raised $1 million in a pre-seed funding round. The investment was led by Practica Capital, with participation from the Firstpick accelerator and venture capital fund. AMLYZE specializes in providing anti-financial crime solutions for FinTechs, neo-banks, and crypto businesses. The funding will be utilized to expand their Software-as-a-Service (SaaS) business, extend […] Read more ›
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Helsinki-headquartered venture capital firm Lifeline Ventures has recently closed a substantial early-stage fund of €150 million. This fund aims to provide ongoing support to emerging companies that have the potential to become leaders in their respective industries and is willing to make initial investments ranging from €150,000 to €2 million. Lifeline Ventures has a strong […] Read more ›
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In an era characterized by economic uncertainty and volatile markets, the Finnish venture capital (VC) and private equity (PE) landscape has stood firm, delivering exceptional returns and solidifying its position as a robust investment avenue. The latest survey conducted by Tesi, Finland’s state-owned investment company, sheds light on the performance of Finnish VC and PE […] Read more ›
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Helsinki-based startup Doublepoint has raised €3 million in funding. The round saw participation from FOV Ventures, Superangel VC, Superhero Capital, Sune Alstrup, Timo Rein, Business Finland, and others. The startup has developed a patent-pending software platform that enables zero learning-curve gesture recognition for Android-based hardware devices, such as smartwatches, XR devices, and consumer electronics. Doublepoint […] Read more ›
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Stockholm-based startup anotherblock has collected €4 million in a seed round with leading support from Stride.VC in the UK and participation from Axwell of Swedish House Mafia. anotherblock allows fans to access music rights in popular songs and aims to democratize music ownership. The funding will be used to scale up operations, reach a broader […] Read more ›
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Helsinki-based transfer pricing platform Aibidia has secured €13 million in a Series A funding round co-led by DN Capital and FPV Ventures (DN Capital – Auto1, GoStudent, Incode, Remitly & FPV Ventures – Flexport, Canva, Guild), with existing investors Icebreaker.vc (HoxHunt, Klaus, Tesseract) and Global Founders Capital (Deel, Personio, Brex) also supporting the round. The […] Read more ›
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Stockholm-based startup Freshsound has secured €2 million in a seed round led by Zenith Venture Capital and Aligned. The funds will help Freshsound expand globally and lead the commercial music licensing market for commercials, branded content, films, TV, and games. The startup’s platform enables professional storytellers to easily access and license commercially released music for […] Read more ›
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Helsinki-based foodtech startup Green Planet Astronauts has made an exciting announcement with the appointment of Ulrika Kotimäki as co-founder alongside Milla Westerling. This move marks an important milestone for the company, as it brings another female founder to the forefront and highlights the power of strong partnerships in driving startup success. Westerling had founded Green Planet […] Read more ›
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Finnish health technology startup ŌURA has made a significant move by acquiring Proxy, a digital identity signal platform, in an all-equity deal. ŌURA , known for its smart ring wearable that delivers personalized health data and insights, has snapped up Proxy’s identification technology and smart ring patent portfolio. This strategic acquisition strengthens ŌURA’s position as […] Read more ›
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Helsinki-based Virta has recently secured €85M in growth funding, making it one of the biggest funding rounds in the industry in recent years. Of the total sum, €65M was provided as equity investment by Virta’s existing investors, such as Jolt Capital, Future Energy Ventures, and others, while €20M came from Business Finland, which provides innovation […] Read more ›
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Stockholm-based arttech startup blankt has partnered with ifolor, a leading e-commerce player in the printing industry, to offer customizable products to consumers. The partnership will focus initially on customizable posters, but the goal is to expand to more products over time. blankt has developed a design engine that is specialized for applications where aesthetics are […] Read more ›
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Helsinki-based game development studio Phantom Gamelabs has collected a seed investment from Supercell, a global game company based in Helsinki, Finland. The investment will help Phantom Gamelabs expand its core team and accelerate the development of its upcoming looter shooter IP. The team at Phantom Gamelabs, consisting of four experienced game developers with backgrounds in […] Read more ›
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Funderbeam, a Tallinn-based fintech startup that connects ambitious companies with smart capital and creates unique liquidity for investors, has secured $40m in an investment round led by VentureWave Group. As part of the deal, VentureWave will take a strategic majority stake in Funderbeam and contribute its capital, global networks, leadership, and Vestiver platform capabilities. The […] Read more ›
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Stockholm-based startup Improvin’ has raised €3.5 million in a seed funding round to expand its sustainability performance platform for the agri-food industry. Led by Pale Blue Dot and Dynamo Ventures, the round also included FoodBridge, Axel Johnson‘s common group platform for early-stage foodtech startups, and PINC, the venture arm of Paulig. The platform helps food […] Read more ›
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Stockholm-based startup Bits Technology has secured €4 million in a seed round led by Unusual Ventures, and also backed by Fin Capital with its existing investors including Cherry Ventures and Alliance Ventures. Following this seed round, Bits Technology is in 2023 launching a suite of products for the European market, including a no-code solution and […] Read more ›
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Tallinn-based startup Elmo has recently secured €2.6 million in funding from a growth capital fund and other investors, including Highgoal Capital Management, FlyCap, Barolo Invest, and SAGGIS. The startup specializes in the development of deep-tech solutions for remotely controlled cars and also provides eco-friendly car-sharing services. Elmo plans to use the funds to accelerate the […] Read more ›
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Bergen-headquartered startup Aimy has recently announced that it has raised €250K in funding from VNTRS, a Nordic-Baltic venture studio. The funds raised will be utilized to further optimize the company’s staff planning tool, which is designed to help businesses optimize their staffing based on statistical and data-driven insights. Aimy’s system works by utilizing historical data, […] Read more ›
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Origin by Ocean, an Espoo-based startup, has successfully raised €7.5 million in a seed round from notable investors such as Voima Ventures and Lifeline Ventures, along with Batofin and Security Trading. In addition, the company secured a €4.5 million loan from Business Finland to further develop its industrial-scale algae refining technology and commercialize the process. […] Read more ›
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Oslo-based startup ComplAI has collected $1.7 million (18MNOK) in a funding round led by RunwayFBU with the participation from Vestland Invest, DNV Venture, Kevin Bespolka, Göran Lindö, Gunnar Evensen and Magnus Valmot. The startups offers online audit rooms for businesses to prove their compliance with regulatory requirements. ComplAi plans to use the funds to enhance […] Read more ›
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The Finnish startup ecosystem has once again shown impressive growth, as revealed in the “Finnish Startups and Venture Capital 2022” report published by the Finnish Venture Capital Association (FVCA). The report highlights a remarkable increase in the amount of funding raised by Finnish startups compared to the previous year. In 2022, Finnish startups raised €1.8 […] Read more ›
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Most popular sources
Business Insider
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31% 7 |
TechRadar
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8% 7 |
Android Authority
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8% 6 |
Slashdot
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7% 2 |
Tom's Hardware
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7% 10 |
| View sources » | |
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22.12.2025 11:07
Last update: 11:00 EDT.
News rating updated: 18:02.
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