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Nurcin Metingil @ ArcticStartup 1 place · 07/21/2023 04:25 EDT

Optio raises €4M Series A

Oslo-based startup Optio has recently revealed an exciting extension to its series A funding round. The additional investment comes from CCAP, a prominent technology financial investor hailing from Germany. Notably, Optio had already secured substantial Series A funding earlier this year, thanks to the support of Nordic heavyweights Skyfall and Wiski Capital. With this additional […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/21/2023 03:19 EDT

Danish medtech startup secures $9M for advancing heart rhythm disorder diagnosis and treatment

Copenhagen-based medtech startup CathVision has successfully raised $9 million in its latest funding round from investors. The company specializes in developing cutting-edge electrophysiology solutions, such as the ECGenius System and AI-powered analytic modules, to enhance clinical decision-making in the EP lab. Their primary focus is to improve the diagnosis and treatment of heart rhythm disorders. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 07/20/2023 06:52 EDT

Finnish startup is acquired by Logitech to empower streamers and creators

Helsinki-based startup Loupedeck has been acquired by Logitech International, with the aim of empowering streamers, creators, and gamers. Known for its custom consoles and software designed to enhance the creative process, Loupedeck enables faster and more intuitive content creation. The acquisition allows Logitech to expand its product portfolio and accelerate software ambitions, resulting in smarter, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/18/2023 03:11 EDT

Lithuanian startup secures $100M to address solar industry’s data risk challenge and expand solar design software platform

Vilnius-based startup PVcase has successfully raised a cumulative funding amount of over $123 million through various investment rounds, including the recent joint investment of $100 million, which was led by Highland Europe, Energize, and existing investor Elephant. The startup PVcase develops solar project design software and solutions to streamline and automate the design and operations […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/14/2023 08:53 EDT

Wastefront and VTTI partner

Copenhagen-based Wastefront has recently forged a strategic alliance with VTTI, a prominent global energy storage infrastructure provider. This collaboration entails a substantial investment of up to $43 million and ambitious plans to establish eight recycling plants worldwide within the next five years. With the support of Vitol, IFM Investors, and ADNOC, VTTI aims to expand […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/14/2023 03:19 EDT

Neko Health raises $60M Series A

Stockholm-based startup Neko Health has recently completed an impressive €60 million Series A funding round, led by prominent investor Lakestar. This funding round also saw the participation of Atomico and General Catalyst. The startup is renowned for its medical scanning technology, which allows for the comprehensive and non-invasive collection of health data. This approach empowers […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/14/2023 02:13 EDT

Danish startup raises pre-seed funding to empower Type 2 Diabetes patients with expert-guided lifestyle and nutrition intervention

Copenhagen-based startup Triba Health has managed to secure approximately €335K (2.5M DKK) in pre-seed funding. The investment comes from KRING, a Venture Building Studio that focuses on fostering collaboration in the realms of health and green energy ventures. The startup specializes in leveraging digital nutrition and lifestyle interventions, guided by experts, to reverse type 2 […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/10/2023 04:32 EDT

Swedish startup receives €2.4 million to unlock the true value of forests

Stockholm-headquartered startup Treebula has raised €2.4 million (SEK 28 million) from Industrifonden and existing owners. The startup operates a cutting-edge digital marketplace that enables seamless timber trading between forest owners and forest companies, revolutionizing the industry by fostering fairness and transparency. With this substantial investment, Treebula is poised to cement its position as the preeminent […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/10/2023 03:50 EDT

Norwegian startup collects $3.5M to pave the way for no-code engineering empowerment

Intelecy, a cutting-edge no-code platform based in Oslo, has successfully raised a substantial $3.5 million in its recent investment round. Led by Yara Growth Ventures, the funding round also saw significant contributions from GC Rieber, Aidiom, and Investinor. Intelecy’s software tools empower factory engineers by allowing them to effortlessly create robust machine-learning models using production […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/06/2023 06:34 EDT

Iternio is acquired by Rivian

Lund-based startup Iternio has been acquired by Rivian Automotive, Inc. (NASDAQ: RIVN). Iternio is the developer of the popular EV trip planning app ‘A Better Routeplanner’ (ABRP), known for its strong user base in North America and Europe. Rivian plans to maintain ABRP as a standalone app while integrating its technology into Rivian’s navigation system […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/06/2023 05:12 EDT

Swedish AI-powered video content creation platform secures 7-figure investment for customer expansion and technology advancement

Phyron, a Stockholm-based startup specializing in AI-driven video content creation, has recently secured a significant seven-figure investment from Round2 Capital. The infusion of funds will bolster Phyron’s ability to grow its customer base while also accelerating the advancement of its AI and automation technology. The investment will also serve as a catalyst for Phyron’s growth […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 07/06/2023 04:21 EDT

Estonian startup raises €2M seed to fuel rapid expansion and develop comprehensive no-code ecosystem

Tallinn-based startup Formaloo has raised €2 million in a seed round led by Change Ventures, with participation from Hyde Park Venture Partners, Mana Ventures, and Startup Wise Guys. Its no-code collaboration platform allows users to build custom business applications and tools without coding, empowering teams to streamline workflows, collect and organize data, and engage customers, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/29/2023 09:23 EDT

Lygg raises €3.6M

Helsinki-based startup Lygg has raised €3.6 million in a funding round led by Superhero Capital, and joined by private investors and the Finnish government. The startup specializes in providing a comprehensive hardware and software platform for operating a unique flymaas business, which incorporates flying as a crucial component of Mobility as a Service (MaaS) solutions. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/29/2023 08:50 EDT

Finnish biomaterial technology startup raises €16.3M for its new production facility and international expansion

Helsinki-based modern-day interior and design brand Woodio has collected €16.3 million in growth funding led by UB Forest Industry Green Growth Fund (UB FIGG) and the European Innovation Council (EIC), along with its previous investors. The startup stands out by seamlessly blending the timeless beauty of Nordic design traditions with the cutting-edge innovation of sustainable […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/29/2023 07:52 EDT

Estonian startup secures €3.8M seed to fuel electric cargo bike expansion across Europe

Tallinn-based startup Vok Bikes has raised €3.8 million in a seed round from SmartCap, Jaan Tallinn’s Metaplanet, Specialist VC, Sunly, a list of angel investors, and a €300K grant from Enterprise Estonia. The startup designs and manufactures innovative electric bicycles with advanced technology, aiming to revolutionize urban commuting and provide a sustainable transportation solution. With […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/28/2023 07:35 EDT

Estonian agtech startup raises $5.5 million to drive transition to sustainable farming practices

Tartu-based agricultural technology startup eAgronom recently announced a significant investment of $5.5 million aimed at promoting the adoption of sustainable farming practices. This funding comes from prominent investors, including Icos Capital, Soulmates Ventures, and SmartCap Green Fund, and will play a pivotal role in enabling eAgronom to expand its digital tools on a larger scale. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 06/27/2023 09:52 EDT

Finnish startup raises €2M to decarbonise residential heating with small modular nuclear reactors

Espoo-based startup Steady Energy, also a VTT spin-out, has secured €2 million in a seed round led by VTT, Yes VC, and Lifeline Ventures. The startup combines manufacturing efficiency and innovative nuclear engineering solutions to introduce zero-emission heating plants to the market, with a focus on developing the LDR-50 nuclear reactor technology. will be primarily […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/27/2023 09:14 EDT

Finnish scaleup grabs $15M series A to propel quantum-powered drug discovery and development revolution

Helsinki-based scaleup Algorithmiq has received $15 million in a series A round led by Inventure. The round also garnered support from notable participants including Tesi, the state-owned Finnish investment company, Presidio Ventures from Sumitomo Corporation, one of Japan’s leading corporate venture capital arms, and London-based Thames Trust, alongside existing backers. The scaleup company utilizes quantum […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 06/27/2023 05:02 EDT

Two fintech startups from Nordics partner with Visa to launch embedded loan solution for SMEs

Aarhus-based digital banking app Lunar and Stockholm-based online lending platform Froda have teamed up with Visa to introduce a card-based embedded lending solution. The goal is to provide faster and more affordable financing options for small businesses in Denmark, enabling them to secure the capital needed for growth. Lunar, a digital challenger bank, aims to […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/26/2023 07:35 EDT

ARTBIO raises $23M seed

Oslo-based startup ARTBIO has secured $23 million in a seed round led by F-Prime Capital with Omega Funds. The startup specializes in the development of alpha radioligand therapies (ART) using the radioactive isotope lead-212 (Pb212). The recent funding will be utilized to advance the development of AB001, expand their portfolio with new and unique projects, […] Read more ›

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