Copenhagen-based startup Lun Energy has secured €10.3 million in seed funding to help decarbonize homes across Europe. The Danish climate tech firm’s backers include Partech, Norrsken VC, Lowercarbon Capital, MCJ Collective and previous investor Foundamental. The company’s software solution aims to facilitate the sale, planning, and installation of heat pumps by tradespeople with fewer truck […] Read more ›
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Joensuu-based Carbonaide, a VTT spin-out company, has raised €1.8 million in seed funding, which will be used to integrate their CO2 curing technology into an automated production line in Hollola, Finland. Carbonaide’s technology enables the production of carbon-negative concrete by using industrial side streams and carbon dioxide capture, utilization, and storage technology. The round was […] Read more ›
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In 2022, Finnish angels invested 37 million euros in 248 growth companies, says the latest study conducted by the Finnish Business Angels Network (FiBAN), collecting answers from 450 private investors out of FiBAN’s 670 members. 7% of FiBAN members’ investments were made outside of Finland. The most popular countries were Estonia, Sweden, and the United […] Read more ›
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Vilnius-based clean tech startup Viezo has secured an undisclosed amount of investment in a recent funding round led by Rockstart, an Amsterdam-based early-stage investor that empowers purpose-driven founders in the energy, agrifood, and emerging technologies domains, along with CoInvest Capital, a Lithuanian VC fund, and 7 LitBAN angels. Viezo has developed vibration energy harvesting technology […] Read more ›
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Copenhagen-based startup Humani raised €2 million from investors including Dreamcraft Ventures to enhance its AI engine. The startup was established by Danish entrepreneurs Anders Mayntzhusen, Mik Strøyberg, and Christian Sejersen, with the goal of making personal development accessible and affordable to everyone. The funding will be utilized to further enhance Humani’s state-of-the-art AI engine, which […] Read more ›
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Oslo-based startup 1X Technologies, formerly Halodi Robotics, has closed $23.5 million in a Series A2 funding round led by the OpenAI Startup Fund with participation from Tiger Global and a consortium of Norway-based investors including Sandwater, Alliance Ventures, and Skagerak Capital. The startup produces androids capable of human-like movements and behaviors. The funds will be […] Read more ›
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Vilnius-based fintech startup HeavyFinance has raised €3 million in a seed funding round led by Practica Capital, a venture capital firm. The startup connects a global investor community with European farmers. The company’s ultimate goal is to reduce 1 gigaton of CO2 emissions by 2050 HeavyFinance plans to use the funding to expand its reach […] Read more ›
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Arctic Farming is an AgriTech startup based in Otaniemi, founded in 2019 by a team of experts in the space industry with a mission to revolutionize the way food is produced on Earth and beyond by making vertical farming mainstream. Their innovative solution (patent pending) enables anyone to grow fresh herbs, leafy greens, or berries […] Read more ›
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Kavall, a fast delivery startup in Stockholm, has been acquired by its competitor Mathem. Kavall has offered delivery of groceries in just 10 minutes, from its own stores to the customer’s door, while Mathem is a tech-driven supermarket that offers a flexible e-commerce service for, among other things, groceries, kitchen products, and home furnishings. The […] Read more ›
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Helsinki-based health tech startup MVision AI has secured €5.4 million in post-seed funding from J12 Ventures and Voima Ventures to expand its innovative cloud-based AI-powered radiotherapy planning solution. With its automatic segmentation tool, the technology uses artificial intelligence to streamline cancer treatments, significantly reducing waiting times from weeks to days. The scalable platform has already […] Read more ›
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Stockholm-based startup Klimato has recently secured €4.2 million in funding to further expand its international presence. Klimato offers a cloud-based platform that enables food service providers, restaurants, and food producers to measure, report, and reduce their carbon footprint. The funding round was led by Global Cleantech Capital (GCC) with support from existing investor Almi Invest […] Read more ›
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Stockholm-based cloud-based cybersecurity platform Baffin Bay Networks is acquired by Mastercard, one of the world’s leading payment processing companies. The move is aimed at providing businesses with more comprehensive protection against cyber threats and attacks, which are becoming increasingly sophisticated and difficult to combat. With the acquisition of Baffin Bay Networks, Mastercard is expected to […] Read more ›
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ReykjavÃk-based startup Glaze has recently received a significant investment of $1.1 million from Brunnur Ventures, a venture capital firm in Iceland. The platform provides cloud-based solutions for businesses in the experience economy. The investment is expected to propel the growth of Glaze and aid in the development of its innovative order and pay solution. Glaze’s […] Read more ›
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Helsinki-based startup IPRally Technologies has raised €10 million in a Series A funding round led by Endeit Capital, along with previous investors Join Capital, Spintop Ventures, and Icebreaker.vc. IPRally provides AI-powered patent search and classification services and aims to become a one-stop-shop for AI-driven patent research and competitive intelligence. The funds will be used to […] Read more ›
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The winners of sTARTUp Pitching 2023 have been announced! A total of 271 teams participated in the competition, and after a fierce competition, the top three startups have been chosen. EstBAN awarded €200k to Paul-Tech, Baltic Sandbox Ventures invested €125k in Gearbox Biosciences which also received an equity-free cash prize of €10,000 from Swedbank, and […] Read more ›
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MYSTiC GAMES, a gaming development studio based in Stockholm, has secured $1.3 million in a seed funding round led by Shima Capital and saw participation from 32-Bit Ventures, SevenX Ventures, MEXC, TA Ventures, and Mainstreet DAO. Angel investor Joe Mahon, who previously worked with Zappos’ Tony Hsieh on the Downtown Project, also participated. The startup […] Read more ›
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The winners of sTARTUp Pitching 2023 have been announced! A total of 271 teams participated in the competition, and after a fierce competition, the top three startups have been chosen. EstBAN awarded €200k to Paul-Tech, Baltic Sandbox Ventures invested €125k in Gearbox Biosciences which also received an equity-free cash prize of €10,000 from Swedbank, and […] Read more ›
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Copenhagen-based startup Contribe has recently landed a pre-seed investment from venture funds Human Act Development and Rockstart. The startup plans to use the pre-seed investment to help other businesses become more sustainable. The company aims to achieve this by building a platform that makes it easier for companies to engage in donating, environmental or social […] Read more ›
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Stockholm-headquartered startup with electric hydrofoil technology, Candela, has raised $20 million in a funding round co-led by EQT Ventures and investor duo Joel Eklund (Fosielund Holding AB) and Svante Nilo Bengtsson (Marknadspotential AB) with the participation of Ocean Zero LLC, among others. The startup intends to use the capital to mass-produce Candela’s revolutionary foiling 30-passenger […] Read more ›
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DelSiTech, a drug delivery and drug development company based in Turku, has announced that it received a grant from the Bill & Melinda Gates Foundation. The grant will be used to create long-acting injectable formulations that will gradually release the HIV vaccine. This is the third grant awarded to DelSiTech by the foundation since 2018. […] Read more ›
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22.12.2025 14:50
Last update: 14:46 EDT.
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