Aarhus-based fintech startup Lunar has raised €35 million to accelerate its expansion plans and reach profitability sooner. The funding round was backed by a range of investors, including HEARTLAND, Kinnevik, Tencent, Seed Capital, Augustinus Fabrikker, Greyhound Capital, and Socii Capital. Led by its founder and CEO Ken Villum Klausen, the Danish challenger bank is an […] Read more ›
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Espoo-based construction project management platform Infrakit Group Oy has been granted a capital loan of up to €6 million by the Finnish Climate Fund. The startup offers real-time situation awareness and data flow to and from the construction site, shared by all project parties. The loan will help Infrakit enhance the sustainability features of the […] Read more ›
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Helsinki-based biotech startup TILT Biotherapeutics has raised €12 million including €5.9 million equity from the European Innovation Council (EIC) Fund, a €2.1 million grant from EIC’s Accelerator programme, investments from Stephen Industries Inc Oy and ACME Investments SPF Sà rl. This follows on from the first close of EUR 10 million in June 2022. The financing […] Read more ›
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Located in Järvenpää, Fiberwood has collected €3M million in late seed funding led by Metsä Group’s innovation company Metsä Spring. Stephen Industries and Business Finland also participated. The startup is a producer of 100% ecological wood fibre insulation and packaging materials made from mechanical wood industry side streams. The allocated funds will enable Firewood to […] Read more ›
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Aarhus-headquartered fintech startup Mazepay announces its €4 million growth round led by Scale Capital with the participation of international investment firm Hambro Perks, and London-based early-stage venture capital firm Outward VC. The platform simplifies long-tail procurement and B2B payments for customers. The funding will accelerate Mazepay’s expansion plans across Europe. Founded in 2018 in Aarhus, […] Read more ›
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Espoo-headquartered startup Ment, formerly Contract Mill Oy, has been acquired by Texas-based firm M-Files, a global leader in information management. This new addition to the M-Files family means that Ment’s document automation capabilities represent a significant addition to their portfolio of solutions, delivering a more complete suite of tools created with knowledge workers in mind […] Read more ›
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Growblocks, the fintech startup hailing from Copenhagen, has just secured a whopping $6 million in seed funding during a round led by Project A Ventures. This investment will offer a breath of fresh air to chief financial officers who have been struggling with inaccurate revenue projections. The round saw an impressive turnout of participants, including […] Read more ›
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Copenhagen-based startup Uniify has raised €3 million in a seed round led by People Ventures, Forward VC and Spring Capital. The round saw participation from angel investors including Jannick Malling and Leif Abraham, the founders of public.com and Heini Zachariassen, the founder of Vivino. The startup offers a one-stop platform that makes it fast, easy […] Read more ›
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Helsinki-based boat rental brokerage service Skipperi has collected €7 million in funding led by Yamaha Motor with the participation of Baltiska Handels Sverige, Matu Capital and HP Capital. The startup develops easy and sustainable ways to make boating accessible and affordable for everyone. Skipperi intends to use the funding for the development of the platform […] Read more ›
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Tallinn-headquartered VC fund Trind Ventures led the Madrid-based startup Webel‘s €550K round. The round was also joined by Tiburon, a superangel fund from Daniel Wild and Felix Artmann, and other well-known business angels like Hugo Arévalo, founder of ThePowerMBA and investor in the 5 Spanish’s current/future unicorns like Glovo or Playtomic. The startup builds a […] Read more ›
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Amel Gaily, who has been the CEO of the Finnish Business Angels Network since 2019, has been chosen as the new CEO of the wellness app Cuckoo. At the same time, the company’s founder and long-time CEO Veera Lehmonen will move to Cuckoo as chairman of the board. In addition to Lehmonen, Cuckoo’s board of […] Read more ›
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Tallinn-born startup VOOL has collected €1.7M in a seed round which brings its total funding to €4.7M. The round was led by Specialist VC and saw participation from the former president of Estonia, Kersti Kaljulaid, Elar Nellis, Taavi Kotka, entrepreneurs Justin Jenk and Toomas Kõuhkna, Opus 11 VC and Startup Wise Guys along with others. […] Read more ›
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Tallinn-based startup Nanordica Medical has raised €375K in an oversubscribed seed funding round led by Estonian health and startup investors including Erki Mölder (Founding Partner of Health Founders and Managing Partner of Verge HeathTech Fund), Heidi Kakko (European Innovation Council IC Member) and Martin Goroško (head of Tallinn Science Park Tehnopol) with the participation of […] Read more ›
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Supermetrics, the leading global data integration platform, has appointed Anssi Rusi as its first-ever co-Chief Executive Officer. The technology veteran is tasked with spearheading Supermetrics’ rapid growth and takes over responsibility for the commercial side of the business in addition to finance, customer, and people operations. Rusi joins the company from Yousician. Prior to Yousician, […] Read more ›
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Copenhagen-based startup Woomio has collected €4.6M in a Series A round from the Finnish Vendep Capital and its existing investor Vækstfonden, the Danish governmental foundation. The startup helps marketers and agencies excel in influencer marketing by providing the tools necessary to discover influencers, predict campaigns and measure ROI. The funding will enable the startup to […] Read more ›
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Helsinki-based VC firm Maki Ventures co-led French deep-tech startup Ever Dye‘s seed round together with Asterion Ventures, the Parisian investment fund dedicated to impact startups. Entrepreneur First, the UK-based global talent investor, also joined the €3.4 million seed round. The French startup develops a novel chemical process allowing dyeing mills to dye textiles faster, using […] Read more ›
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Oulu-based healthtech Monidor and Stockholm’s ApoEx announce their collaboration to bring Monidor’s service to the Swedish market. The Finnish startup specializes in developing easy-to-use and innovative software and devices for the digitalization of healthcare. As for ApoEx, it is a provider of services and solutions in the healthcare industry. The cooperation enables the Monidor remote […] Read more ›
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Tetra Pharm Technologies, a Copenhagen-based biotech startup specializing in developing therapeutic treatments for neuropathic pain and mental health disorders, has secured a whopping €9 million in its series A funding round. The investment, which was led by a consortium of Danish investors, will allow Tetra Pharm to ramp up its research and development efforts and […] Read more ›
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Reykjavik-based startup LearnCove, an innovative training and education platform, has just received a $915K investment boost to expand its reach globally in the fishing industry. The funding round was led by InfoCapital, and included participation from Reynir Grétarsson, founder of Creditinfo, and Hilmar Veigar Pétursson, CEO of CCP Games. LearnCove is a modular and easy-to-use […] Read more ›
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AI Medical Technology, a Stockholm-born startup specializing in Artificial Intelligence, has recently completed an oversubscribed fundraising round with a total of €961K (SEK10.8 million) raised. Swedish firm Northern CapSek Ventures participated in the round. The startup develops AI-powered diagnostic solutions that enable frontline healthcare practitioners to make easier, faster and more reliable diagnoses for their […] Read more ›
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22.12.2025 18:49
Last update: 18:40 EDT.
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