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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/27/2023 06:40 EDT

Sulapac receives funding from Nefco

Helsinki-based innovation material startup Sulapac has received loan financing from Nefco, the Nordic Green Bank. Sulapac offers an innovative solution to the global plastic problem by providing businesses with sustainable materials that are both visually appealing and safe for people and the planet. With the funding provided by Nefco, Sulapac can expand its presence in […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/26/2023 10:46 EDT

Finnish influencer marketing platform expands service offerings with acquisition of Monochrome

Helsinki-based startup Boksi has taken a major step forward by acquiring Monochrome, a creative influencer agency in Finland. Each has built a platform that works as a bridge between creators and brands. The move enables Boksi to greatly expand its existing range of influencer campaign management services, as well as offer custom-tailored influencer campaigns and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/26/2023 05:15 EDT

Finnish gaming startup raises €4M seed to bring AI into puzzle games

Helsinki-based mobile puzzle game startup Cosmic Lounge has closed €4 million in a seed round to revolutionize the puzzle game industry with its AI-enhanced Puzzle Engine technology. Led by Transcend, an early-stage venture capital firm founded by gaming veterans in San Francisco, the funding will allow Cosmic Lounge to continue building its team, expanding its […] Read more ›

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ArcticStartup
Peter Sazonov @ ArcticStartup 3 place · 04/26/2023 04:36 EDT

No market is more broken than the labor market

No market is more broken than the labor market. The changes in the macro and micro environment have created an unseen global dilemma where the needs on both sides of the market are not met. This year we are sliding into an economic downturn and have ended up with the highest inflation in a generation. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/25/2023 04:30 EDT

Finnish startup secures €1M pre-seed to revolutionize the work of sales professionals worldwide

Epicbrief, a Helsinki-based startup, has recently raised €1 million in a pre-seed funding round. The round was led by Dutch VC firm Curiosity and included Finnish investor Superhero Capital. The startup’s platform uses AI to help sales professionals automate administrative tasks, integrate with meeting software and CRM systems, summarize sales conversations in an easy-to-understand manner, […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 04/25/2023 01:33 EDT

Finnish IoT startup receives €22M to help building owners hit their ESG goals

Oulu-based startup Haltian has secured €22 million in growth funding to accelerate its expansion in the US and Europe. The funding round, which brings its total funding up to €40M, was led by Mandatum Asset Management Growth Equity II fund (MAM GE). Varma, Tesi, Ventic, and Inventure also participated. The company’s IoT software and sensor […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/21/2023 09:54 EDT

Swedish gaming platform bags $20M in Series A round, backed by Alexis Ohanian’s Seven Seven Six and star-studded angel investors

Stockholm-based startup GOALS has collected $20 million in a Series A funding round led by Reddit founder Alexis Ohanian’s Seven Seven Six. With this funding round’s completion, the startup, GOALS, has amassed a total of $39 million in funding so far. Notably, Peter Sellis, SVP of Product at Discord, Wayne Mackey, CEO and Founder of […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/21/2023 07:55 EDT

Swedish biotech startup raises funding to enable efficient recovery of clean water

Gothenburg-based startup Retein has secured almost €1 million (11 MSEK) in funding from a group of investors including Industrifonden, Butterfly Ventures, Navigare Ventures, and Chalmers Ventures. The startup, formerly known as Aquammodate, has developed a revolutionary water purification technology that uses aquaporin proteins to eliminate pollutants such as microplastics and pharmaceutical residues. The funding will […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 04/21/2023 02:11 EDT

We Came Here to Grow: Hamburg, the Destination for GreenTech Scaleups

Hamburg has been attracting founders and entrepreneurs from all around the world for decades. With its strategic location, international trade connections, and thriving startup ecosystem, Hamburg is the perfect destination for entrepreneurs looking to expand their businesses. From April 2023, GreenTech startups from all over the world can apply for two support programmes of the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 04/21/2023 01:37 EDT

Latvian print-on-demand platform welcomes a new CEO

A new CEO is set to take over at Riga-based startup Printfy as the company appoints Anastasija Oleinika, its current CFO and former CEO of Twino, to the role. Printify is a technology platform that enables people worldwide to sell customized merchandise without inventory management, contract negotiations, or global order fulfillment. While working closely with […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/20/2023 04:23 EDT

Startup Exteme Revealed: Top Universities Producing the Most Entrepreneurs in the Nordics

Are you interested in learning which universities in the Nordics produced the most entrepreneurs? Startup Extreme, a Norwegian event, has revealed data on the top universities that have produced the most entrepreneurs in Norway based on an analysis of 186 founders and co-founders/CEO backgrounds. The data is based on a comparison of eight sources that […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/20/2023 02:51 EDT

Finnish startup collects €3.9M seed to accelerate hardware innovation with fast simulations

Quanscient, a startup based in Tampere, has successfully raised €3.9 million in a seed round, which was spearheaded by Maki.vc. Additionally, the startup was able to secure €446K in non-equity funding from Business Finland. This includes a quantum research grant as well as an R&D loan. Quanscient has the distinction of being the very first […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/19/2023 09:27 EDT

Icelandic deep tech startup and the University of Iceland secure a €6M EU Horizon grant to combat antimicrobial resistance (AMR)

Reykjavik-based biopharma startup Akthelia Pharmaceuticals and the University of Iceland have been awarded a €6 million EU Horizon Grant to fund the IN-ARMOR project, which seeks to address antimicrobial resistance using a first-in-class immunotherapeutic approach. Akthelia’s lead program focuses on upregulating the innate immunology in the GI tract to improve outcomes in cancer care by […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/19/2023 07:50 EDT

PaxFlow raises $2.2M

Reykjavík-based startup PaxFlow has raised $2.2 million from Brunnur Ventures to fuel its next phase of growth. The startup is on a mission to disrupt tour operation with a set of unique features to help tour operators manage and automate daily tour operation tasks. The funding will be used to continue the development of PaxFlow’s […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/19/2023 01:08 EDT

Finnish biotech startup raises €11M to make planet-friendly fungal protein from the by-products of food and agricultural processes

Espoo-headquartered startup eniferBio, a spin-off from VTT Technical Research Centre of Finland, has collected €11 million in a series A funding round led by Aqua-Spark, Netherlands-based global aquaculture investment fund. Tesi, Valio, Voima Ventures, and Nordic Foodtech VC also joined the round. Having secured new funding, eniferBio intends to ramp up its production of PEKILO® […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 04/18/2023 11:09 EDT

ReOrbit welcomes Markus Räikkönen

Helsinki-based ReOrbit continues to grow with the addition of Markus Räikkönen as an Advisor and Angel Investor (part-time) to the company. The startup offers a state-of-the-art small satellite platform that can inter-network and autonomously operate in orbit with a software-first approach, which allows flexible and timely space missions in any orbit. Markus Räikkönen’s expertise in […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 04/18/2023 10:39 EDT

Plagazi raises €1.77m series a

Gothenburg-based cleantech startup Plagazi has raised additional funding of €1.77 million (20MSEK) in a Series A from Uturn2innovation, an investment entity primarily focused on renewable energy projects. Plagazi provides an innovative and competitive green hydrogen production process that significantly reduces greenhouse gas emissions worldwide. The capital will be used to support Plagazi’s ongoing projects and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/14/2023 05:37 EDT

Two Finnish fintech startups have partnered to offer a full Open Banking experience for businesses

Helsinki’s FinanceKey and Espoo-based Enable Banking have recently joined forces to provide businesses with a comprehensive Open Banking experience. FinanceKey provides an API and data orchestration layer for finance teams, offering streamlined integrations, automated reporting, and intelligent workflows, while Enable Banking is a pioneering Open Banking connectivity provider dedicated to empowering businesses to shape the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/14/2023 04:33 EDT

Swedish SRM platform secures $5M Series A to foster sustainable procurement

Stockholm-based startup Kodiak Hub has raised $5 million (55MSEK) in a Series A funding round led by Blq Invest. The investment will be used to foster sustainable procurement and to offer a new standard for how global businesses can create smart and sustainable supplier relationships. The funds will be used to further develop Kodiak Hub’s […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/14/2023 03:09 EDT

Danish startup raises €1.25 million seed to expand its equipment rental platform for filmmakers and photographers

Aarhus-based startup Wedio has collected €1.25 million in a seed round from Founderment Ventures and Vaekstfonden. The startup also received approximately €150K through a crowdfunding campaign in Wefunder. The platform is a European equipment rental community for Filmmakers and Photographers, like the Airbnb of professional film gear. The total funding from the seed round will […] Read more ›

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