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ArcticStartup
Jan Ameri @ ArcticStartup 3 place · 04/13/2023 06:01 EDT

Danish learning management system has raised $20M in growth capital for ongoing global expansion

Aarhus-based scaleup LMS365 has obtained $20 million in growth capital to finance its continual expansion on a worldwide scale. It was led by New York City-based Blue Cloud Ventures, a late-stage SaaS-focused venture capital fund, and joined by Kamet Capital and existing shareholders. LMS365 is a SaaS learning management system built into Microsoft 365 and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 04/13/2023 05:25 EDT

Reactional Music raises seven figure pre-series a

Stockholm-based music delivery platform Reactional Music has raised a seven-figure pre-Series A funding round led by Amanotes and Butterfly Ventures. The round also saw participation from a number of angel investors including Kelly Sumner, a former chairman of Mediatonic (Fall Guys, recently acquired by Epic), CEO of Red Octane (Guitar Hero, acquired by Activision) and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/12/2023 04:49 EDT

Latvian fintech startup raises €250K to expand its user-friendly finance and banking software

Riga-based startup FIS.solutions has received €250K from Expansion Capital. The startup offers customized finance and banking software solutions using a user-friendly set of tools, catering to individuals from all walks of life. With the investment, FIS.solutions plans to scale its operations by adding new members to the team. FIS.solutions is reversing the paradigm for what […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/10/2023 09:09 EDT

Lithuanian AI-powered startup secures €1.1 million in a seed funding

Vilnius-based startup Perfection42, formerly Perfection.AI, has raised €1.1 million in a seed round from CoInvest Capital, OCC, Lithuanian Business Angel Network LitBAN syndicate, Justas Janauskas, and other business angels. Perfection42 develops new artificial intelligence capabilities for automating the process of creating 2D and 3D computer graphics. The startup’s goal is to help Creators unleash their […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/10/2023 07:43 EDT

Norwegian startup raises €4.6M to continue developing long range electric boats

Oslo-based startup Pascal Technologies, formerly SES-X Marine Technologies, has collected €4.6 million (53MNOK) in a funding round from new investors along with the existing ones. The lead investor was Ocean Zero, led by TED curator Chris Anderson and technology editor Stephen Petranek. The startup enables vessels to glide on a cushion of air, significantly reducing […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 04/10/2023 02:19 EDT

Atrandi Biosciences raises €4.5M

Atrandi Biosciences, a startup based in Vilnius and Denver, has raised €4.5 million in a funding round led by Vsquared Ventures along with participation from Practica Capital and Metaplanet. The startup provides innovative microfluidic solutions for the life sciences. The platform enables new insights into the biology of single cells, with immediate applications in research […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/06/2023 09:02 EDT

Danish biotech startup announces extension of series A financing to €82M

Copenhagen-based biotech startup Adcendo ApS has collected an additional €31M in a Series A round led by Pontifax Venture Capital and existing investors Novo Holdings and Ysios Capital. RA Capital Management, HealthCap and Gilde Healthcare participated as well. The startup develops breakthrough antibody-drug conjugates (ADCs) for the treatment of underserved cancers. This capital injection, or […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/05/2023 09:08 EDT

Fairmus and Fanvestory Merge

Estonian streaming platform Fairmus and startup Fanvestory have announced a merger aimed at increasing the fan experience in the music industry. Fanvestory is a platform that enables music fans to better connect with their favorite artists and help them succeed. Meanwhile, Fairmus provides fans with an easier way to find their favorite artists, as its […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 04/05/2023 08:11 EDT

Latvian startup secures €435K seed to bring conversion rate optimization to recruitment

Riga-based startup Hyperjob has raised €435K in a seed round to develop the next generation of hiring solutions. The round was led by SMOK.vc, with the participation of angel investors Davis Siksnans, co-founder and ex-CEO of Printful, and Einar Roosileht, CIO of Rush Street Interactive, among others. The platform provides job post microsites, message A/B […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 04/05/2023 07:45 EDT

Danish health tech startup’s AI solution for healthcare workers attracts €4.8 million in funding

Copenhagen-based startup Teton.ai has collected €4.8 million in a funding round led by Plural along with angels including Finn Murphy, formerly at Frontline Ventures. The startup develops cutting-edge deep learning and computer vision products empowering caregivers to do more with less. Teton intends to use the funds to take its technology to another level and […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/04/2023 05:45 EDT

Naco Technologies raises €10 million

Riga-based Naco Technologies, a startup specializing in nano-coatings and materials for hydrogen production and usage, has secured a €2.3 million grant from European Innovation Council and SMEs Executive Agency (EISMEA), as well as investment, for a total of €10 million. The project aims to reduce the need for expensive materials like platinum and iridium in […] Read more ›

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

Sweden’s climate tech startup raises €26.5M to expand production and accelerate operations in North America

Stockholm-headquartered startup X Shore has secured approximately €26.5 million in a funding round. The round was led by SEB Investment Management AB and joined by new shareholders along with the existing ones. X Shore transforms the boating industry with its innovative approach to electric-powered boats. By utilizing cutting-edge technology and Scandinavian design principles that emphasize […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/03/2023 05:34 EDT

Finnish startup gets €2.5M grant to boost tech for personalized medicines in pharmacies

Helsinki-based startup CurifyLabs Oy has recently announced that it has been awarded a grant from the European Innovation Council (EIC) Accelerator Programme. CurifyLabs is committed to automating and streamlining the drug compounding process, making personalized treatments better, safer and easier to produce. This grant will be used to further advance the company’s MiniLab solution for […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 04/03/2023 04:42 EDT

Finnish cleantech raises €28M to bring sails back to shipping

Helsinki-based Norsepower Oy Ltd has secured €28 million in a successful Series C fundraising round led by Mirova, an affiliate of Natixis Investment Management. Other participants in the round included The Finnish Climate Fund (Ilmastorahasto), OGCI Climate Investments, Nefco, Tesi, and Power Fund III. Norsepower is a global provider of mechanical sails for large ships, focused […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 04/03/2023 04:05 EDT

Mýsköpun, an Icelandic biotech startup, has secured $700,000 in funding from a round led by the New Business Venture Fund. Other investors, including Upphaf, Jón Ingi Hinriksson ehf, Jarðböðin, and Fjárfestingafélag Þingeyinga, also participated. The company has been researching algae for several years, with a particular focus on isolating, analyzing, and cultivating microalgae from Mývatn. […] Read more ›

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ArcticStartup
Vedat Öndas @ ArcticStartup 1 place · 03/31/2023 04:41 EDT

Finnish B2B SaaS startup raises €1.5 million in a seed round

Helsinki-based startup Inven has collected €1.5 million in a seed funding round which is the largest ever seed round raised by a team of founders all under 25 in Finland. The round was led by Lifeline Ventures, the VC behind Finnish success stories such as Wolt, Smartly, and Supercell. The startup offers a financial data […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/30/2023 10:27 EDT

Danish agtech raises €46M to scale the regenerative revolution

Copenhagen-born climate tech startup Agreena has successfully raised €46 million in a Series B round led by HV Capital, a Germany-based multis-stage investor. In the round, the startup welcomed new investors including impact fund AENU and fintech-focused Anthemis. Existing shareholders, such as Gullspång Re:food, Kinnevik, and Denmark’s Export and Investment fund, also contributed. Agreena’s platform allows […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 03/29/2023 04:36 EDT

Denmark’s automated patent renewal platform receives €2 million in funding

Copenhagen-headquartered SaaS scaleup PatentRenewal has secured €2 million from Vendep Capital, a Finnish early-stage investor. The company offers streamlined and efficient IP renewal services through its user-friendly web-based system, utilizing advanced automation technology and aiming to incorporate specialized AI. With the provided support, PatentRenewal is targeting to continue its expansion. PatentRenewal.com has developed an easy-to-use […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/29/2023 03:48 EDT

Swedish fintech startup closes €3 million to fuel EU expansion

Stockholm-based open banking platform Open Payments has raised €3 million in a growth round led by Industrifonden, Sweden’s venture capital fund with participation from Sony Financial Ventures –Global Brain’s venture capital fund- along with its existing investors. The startup provides the market infrastructure required for successful open banking. The funds will be allocated towards enhancing […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/29/2023 03:09 EDT

Dreamdata raises €7 million Series A

Copenhagen-based startup Dreamdata has secured €7 million in a Series A round led by Curiosity, an Amsterdam-based venture capital firm known for investing in innovative AI startups. The round also saw participation from InReach Ventures, Crowberry, Seedcamp, Futuristic.vc and Preseed Ventures. The startup offers marketers a platform that gathers, joins, and cleans up the data […] Read more ›

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22.12.2025 12:53
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