Porvoo-headquartered SEATOM has been selected for NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA) 2026 programme, joining the Operations in Extreme Environments challenge track. The Porvoo-based company, which is developing dual-use nuclear-powered maritime systems, will receive €100,000 in initial contractual funding and take part in DIANA’s six-month accelerator, working with defence stakeholders and test […] Read more ›
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Växjö-based startup Blinto, an online auction platform for used heavy machinery, has secured €10.6 million in funding from Verdane. The platform has been experiencing significant growth, offering a simple and efficient way to resell used machinery while also promoting sustainability by extending the life cycle of these products. With this recent investment, Blinto aims to […] Read more ›
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Missing-Link Oy is a deep tech startup based in Tampere, Finland, and was founded in 2015 to address a specific research-based finding related to IoT monitoring in urban environments. The company specializes in providing real-time spectrum monitoring systems for on-premises situational awareness solutions. With a dedicated team of five key members, each with a unique […] Read more ›
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Aarhus-based startup Landfolk has secured €3.8 million in a seed funding round led by SEED Capital. The platform is designed to connect discerning travelers with exceptional second homes that meet their exacting standards. This latest round of funding is the second in just two years since the company’s inception, and it will enable Landfolk to […] Read more ›
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Odense-based startup QuadSAT ApS has secured €9 million in funding led by IQ Capital and supported by current investors, including the world’s leading space tech fund, Seraphim Space, Danish state Vækstfonden, and angel investors Torben Frigaard Rasmussen and Helge Munk. The startup supplies airborne antenna testing solutions. The funding round is the result of a […] Read more ›
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CAST AI, a Miami-based startup with a European branch in Vilnius, has raised $20 million in a funding round led by Creandum. Creandum, an early-stage venture capital investment firm behind companies like Spotify, neo4j, and Klarna, invested $15M, joining CAST AI’s original lineup of investors which injected an additional $5M, signaling renewed enthusiasm for advanced […] Read more ›
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Daiva Rakauskaitė has recently taken on the role of Chief Executive Officer at Lithuanian Business Angels Fund, after purchasing the management shares of former CEO Arvydas Strumskis, along with other partners of the fund. While Strumskis is no longer involved in active management, he will continue to advise the fund’s portfolio companies and participate in […] Read more ›
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Finnish startup Asumma recently secured a total funding of €945,000, which includes a pre-seed financing round of €720,000 in a funding round led by Kiilto Ventures, a Helsinki-based corporate venture capitalist that invests in startups transforming the built environment. Asumma also received a significant technology grant from the European Union via Finland’s ELY Center of […] Read more ›
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CAPSULE, a startup based in Copenhagen, has secured €600k in a seed round backed by UNICO CAPITAL, Martin Lykke Suhr, and The Aventures. The company aims to end everyday wardrobe issues and clothing crises by providing a platform that helps users create outfits, get inspired, and buy products all in one place. The app counts […] Read more ›
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The Maria 01 Impact Report shows that the hub’s startups have collected more than 700 million euros in funding over the course of its seven-year history. The amount of funding has increased almost tenfold in six years. Today, the leading Nordic startup hub, Maria 01, has released its latest Impact Report that measures the social impact of the campuses’ […] Read more ›
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Odense-based travel planning platform, Tryp.com, has just announced the closure of a seed round that brings the company’s valuation to 8.3 million Euros. The funding, which is believed to be north of €500,000, was led by Jacob Gade, Jens Schumann, Ben Cavender, and Next Commerce Accelerator (NCA), joining previous investors Vækstfonden, Frederik Siesbye Halsted, Jeppe […] Read more ›
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Espoo-based data analytics platform CollectiveCrunch has closed a €1.4 million investment round led by Nidoco AB, an existing investor. The startup, the creator of the AI-powered Linda platform, develops products that significantly reduce timelines in forest inventories and enable transparent and accurate insights into biodiversity and carbon stocks. The funds will be used to continue […] Read more ›
3
Teitur Trophics, an Aarhus-based biotech startup that is focused on developing innovative treatments for patients with neurodegenerative diseases, has recently revealed the successful completion of a Series A financing round, which has raised €28M. The funding round was co-led by two of the most well-known venture capital firms, Sunstone Life Science Ventures and Sound Bioventures, […] Read more ›
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Superhood Oy is a Helsinki-based urban tech startup founded in 2020, offering a social communications platform for cities and neighborhoods. Superhood addresses the problem of lost information in closed social media groups during the pandemic by providing a platform that aggregates local news and information from various channels and sources into personal neighborhood feeds, without […] Read more ›
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Reykjavik-based character brand Tulipop has secured a $1.8M investment from the Icelandic growth fund Eyrir Vöxtur. The startup is known for producing merchandise featuring the Tulipop characters, but in recent years, it has shifted its focus to developing and producing entertainment based on the Tulipop world. The biggest project so far has been the production […] Read more ›
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Finnish Business Angels Network (FiBAN) has appointed a new CEO, Tiina Laisi-Puheloinen, who’s not afraid to be a pioneer and drives a vintage Beetle she purchased “at a price of a Cognac bottle.” In May, Tiina Laisi-Puheloinen will step into the shoes of the CEO of FiBAN, the largest angel investor network in Europe. She […] Read more ›
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Helsinki-based proptech startup Komu Homes has secured €475K in a pre-seed round from angel investors. The startup enables easier living for tenants through an app that provides all services and information regarding their apartments. Komu Homes plans to use the capital raised from their pre-seed funding round to launch a new product that will provide […] Read more ›
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SIQ Basketball, a Helsinki-based startup behind the development of a smart basketball approved by the International Basketball Federation (Fiba), has raised $3 million in additional seed funding to accelerate its goal of delivering personalized analytics to every player worldwide. The funding round was led by Chicago-based venture capital firm KB Partners and joined by Tera […] Read more ›
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Östersund-based startup Marsblade has secured a new funding round of 10.7 MSEK, equivalent to approximately $1 million. The funding was provided by a consortium of both new and existing shareholders, including Geltis AB and a group of NHL players, namely Auston Matthews, Mikael Backlund, Shane Wright, Nicklas Backstrom, Henrik Zetterberg, and Niklas Kronwall. Marsblade provides […] Read more ›
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Nelinor Oy is an Espoo-based startup founded in 2020 that specializes in the production of plug-and-play smart home batteries. The company’s flagship product is a battery system designed to capture and store cheap electricity during off-peak hours and release it during peak hours, resulting in significant reductions in electricity bills, typically ranging between 50% and […] Read more ›
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Taastrup-based neuroscience and machine learning-based marketing platform Neurons has welcomed former Danish prime minister Helle Thorning-Schmidt as the latest member on their board of directors as it unveils a new, ethically focused approach to delivering its cutting-edge artificial intelligence services. The startup fuses the power of neuroscience and machine learning into one platform to improve […] Read more ›
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22.12.2025 10:41
Last update: 10:35 EDT.
News rating updated: 17:31.
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