Latvia’s startup sector continues to punch above its weight, with high productivity and competitive wages underscoring its growing economic impact. According to the newly published Latvian Startup Report 2025 by the Latvian Startup Association Startin.LV, the country counted 569 active startups by the end of 2025, with the ecosystem generating €610.5 million in turnover in […] Read more ›
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Skipit is a young, dynamic startup based in the bustling city of Copenhagen that was established in 2020 with the ambitious goal of creating greener cities and more sustainable communities. The innovative app simplifies the payment process for public transport in multiple European cities, making it easy for users to get around without worrying about […] Read more ›
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Tallinn-based startup Bioreactor has successfully completed its pre-seed financing round with investment from Hiidenkivi Investment Oy and Grid.vc. The startup provides a 45 kW miniature power plant for households that turns biomass and waste into heat & electricity – taking your home to energy self-sufficiency and a fossil-free future. With this funding, the company can […] Read more ›
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Vilnius-based startup Inbalance grid has secured €1.3 million from IISUTIB KŪB Business Angels Fund II, the Spanish electric mobility fund EIT, Civinity Group, and Orion Securities. Inbalance grid develops intelligent electric vehicle charging solutions for businesses and grid operators. The company designs, customizes, produces, and implements solutions that utilize existing electrical capacities and manages them […] Read more ›
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Trondheim-based medtech startup VitalThings, which specializes in developing innovative healthcare technologies, recently announced that it has raised €3.16 million (NOK 35 million) in a new issue round. The startup develops medical technology for human vital signs detection and analysis. The funds will be used to obtain EU approval for Vitalthings’ latest product, a groundbreaking contactless […] Read more ›
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Trondheim-based startup Zeabuz has raised €1.8 million in seed funding from investors including Yinson Green Technologies and Statkraft Ventures. The funds will help the startup expands its autonomous system for maritime vessels. The technology aims to create emission-free transport services using self-driving passenger ferries, making it easier for pedestrians and cyclists to travel through cities. […] Read more ›
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Copenhagen-based startup OWND has just announced the successful acquisition of $750K of pre-seed funding co-led by Nordic VCs byFounders and Skyfall Ventures with the participation of Steel DAO, a blockchain tech community funded by Bessemer Venture Partners. This backing demonstrates the confidence the industry has in OWND’s unique approach to fashion NFTs. The funding will […] Read more ›
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Stockholm-based climate technology provider Doconomy has acquired Dreams Technology, marking a first-of-its-kind deal at the intersection of behavioral economics and climate impact. Dreams Technology’s proprietary platform, which employs behavioral science to enhance banking customers’ digital engagement and financial wellbeing, will be integrated into Doconomy’s environmental impact measurement tools. This acquisition enables Doconomy to provide an […] Read more ›
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Stockholm-based gaming startup E-GO APP has raised a capital injection of $300K, comprising of a pre-seed round worth $200K and a growth loan of $100K from a major Swedish bank. The funds will be used to enhance the B2B product and social features of the platform, making it more accessible to endemic and non-endemic businesses […] Read more ›
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Plan T Oy is an urban tech startup based in Helsinki, established in 2021, that offers affordable greenhouse monitoring systems for urban indoor farming. The company’s mission is to make urban farming more efficient and help it become a bigger factor in the future of food production. Their solution measures the main variables that affect […] Read more ›
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Tallinn-based car subscription startup Planet42 has raised $100 million in combined equity and debt funding from investors, including Naspers, ARS Holdings, and Rivonia Road Capital, among others. Planet42’s socially inclusive subscription model assesses a customer’s risk level using proprietary scoring algorithms and data science, and provides a path to vehicle ownership for those underserved by […] Read more ›
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Norway’s first co-working community Mesh has acquired The Hub, the largest recruiting platform for startups in the Nordics. The community gathers founders, creatives, freelancers and entrepreneurs under one roof in an inspiring and nurturing space. The acquisition will advance Mesh’s recruitment services and goals to expand to different Nordic markets by offering its members access […] Read more ›
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Copenhagen-based clinical-stage biotech startup Hemab Therapeutics has successfully raised $135 million in a Series B financing round, which was led by Access Biotechnology and included new investors such as Deep Track Capital, Avoro Ventures, Invus, Rock Springs Capital, and Maj Invest Equity. The startup’s all current investors Novo Holdings, RA Capital Management, and HealthCap also […] Read more ›
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Lund-based startup AlixLabs has recently secured €908.7K (SEK 10 million) in funding from a range of investors, including Navigare Ventures, Almi Invest, and the ice hockey family Nylander. The funding will be used to continue developing the company’s innovative Atomic Layer Etching (ALE) Pitch Splitting technology (APS). The APS technology developed by AlixLabs has the […] Read more ›
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Stockholm-based startup gofrendly has raised $1.25 million led by Swedish VC fund, JNE Invest. The startup’s AI-driven app helps women find like-minded friends, fellow entrepreneurs, events, and groups based on their lifestyles and interests. The funding will pave the way for its expansion into the UK and the improvement of its AI capabilities. Founded in […] Read more ›
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Access to financing has long been a major hurdle for businesses eyeing growth. Against this backdrop, Swedish Froda and Danish Lunar are announcing a global partnership with Visa and launching a new, innovative technology aimed at resolving these issues – for good. The product, which for the first time utilizes push-payment functionality for financing, aims […] Read more ›
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Bergen-based fund Sarsia is raising over €45 million (over half a billion kroner) for a new venture fund that focuses on climate and environmental investments. The third fund is a pure climate and environmental fund, aiming to invest in companies that solve environmental or climate problems while providing venture returns. The goal is to raise […] Read more ›
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The edtech platform House of Math, based in Oslo, has secured €4.1M (NOK 45M) in a series A round led by Marius Steens Steenco alongside its existing shareholders. The startup’s gamified platform offers tutoring for students in primary school, lower and upper secondary school and higher education. The investment will allow House of Math to […] Read more ›
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Vilnius-based data analytics startup Repsense has secured €500K in a round led by Iron Wolf Capital and Coinvest Capital. The Lithuanian startup utilizes data science, field research, and machine learning to enhance the brand reputation of leading global businesses. The funding will fuel the startup’s product development and expansion across the globe. Repsense seeks to […] Read more ›
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Stavanger-headquartered startup Gateway.fm has collected $4.6 million in a seed round led by Lemniscap with the participation of CMT Digital Ventures, the LAO DAO, Folius Ventures, TRGC, Metaweb Ventures, Very Early Ventures, Factor Ventures, Fantom Foundation and Unstoppable Domains Ventures among others. The startup builds the next generation of web3 infrastructure and tooling products to […] Read more ›
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Gothenburg-based foodtech startup CarbonCloud has collected €7.5 million in a Series A round led by Cusp Capital and Peak. The round also saw participation from Rivus Ventures and current investors Maki VC and TS Ventures. The startup’s SaaS solution enables detailed calculations of climate footprints of food products and production processes. The funding will allow […] Read more ›
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10.03.2026 22:39
Last update: 22:30 EDT.
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