ArcticStartup

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15.12.2025 − 21.12.2025
ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/16/2025 06:28 EDT

Finnish startup SEATOM selected for NATO DIANA programme, receives €100K funding

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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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/19/2023 06:23 EDT

Lithuanian medical imaging startup raises €3.5M for its AI-based chest x-ray radiology suite

Vilnius-based medtech startup OxipitAI has collected €3.5 million from VC fund Taiwania Capital. The startup creates AI tools for global medical imaging. The funding will help the company accelerate its growth and welcome new teammates and customers. In 2019, the startup secured €1.7M in seed funding from Practica Capital, Koinvesticinis fund and angel investors which […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/18/2023 10:03 EDT

Estonian sustainable investment platform secures €2 million

Tallinn-based startup Grünfin has raised €2 million in a round led by its existing investors Norrsken VC, Specialist VC, Lemonade Stand with the participation of new investors including Sie Ventures and HoneyBadger VC alongside other angel investors. Grünfin is a sustainable investing platform for people who care about their impact. The funding will help the […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/17/2023 11:45 EDT

Startin.LV Latvian startup report 2022

Latvian Startup Association “Startin.LV” shared last year’s Latvian Startup Report, which includes 356 startups registered in Latvia and backed by the data resources such as Investment and Development Agency of Latvia, Lursoft, Office of Citizenship and Migration Affairs, Register of Enterprises, State Revenue Service. According to the report, Latvian startups raised a total of €92 […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/17/2023 10:11 EDT

Swedish deep tech startup raises further €536.3K in oversubscribed rights issue

Stockholm-based consumer health and wellbeing startup Sigrid Therapeutics has raised €536.3K (MSEK10.6) in an oversubscribed rights issue for accelerated SiPore® commercialization from both existing and new investors including recently appointed Chairman, Mattias Ankarberg. Sigrid is a clinical-stage consumer-oriented health tech pioneering a new class of engineered materials to prevent and treat metabolic diseases and disorders, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/17/2023 09:40 EDT

Danish mobile gaming startup raises €1.5M to support the growth of its Unleashd service

Copenhagen-based startup Multiscription has collected €1.5 million in a round led by Sisu Game Ventures with additional funding from Swedish Tigrim and the state-backed, independent fund Vækstfonden. Multiscription is a mobile games-focused startup founded by games industry veterans Teis Mikkelsen and Martin Walfisz that aims to reshape the mobile games landscape by bridging the gap […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/16/2023 07:41 EDT

Icelandic startup receives financing from Nefco to scale up sustainable e-scooter sharing service

Reykjavik-based startup with e-scooter sharing services Hopp gets financial aid from Nefco, the Nordic Green Bank. The startup provides small business owners around the world the opportunity to launch their own e-scooter franchise business in their local area. The loan from Nefco will pave the way for the startup’s expansion across Europe. Hopp is an […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/16/2023 06:00 EDT

Swedish medtech secures its second investment

Järfälla-based marketplace platform Dropmed closed a second round from new investors along with the existing one. The investors include Diamond Head, deeply rooted in the medtech industry and led by Sting alumni Tommy Forsell, and Mainly AI, the artificial intelligence network building AI-driven applications, led by computer science professor Paul Petersson Fersman and Elena Fersman, […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/16/2023 05:42 EDT

Lekatech receives funding from Normet

Kausala-based startup Lekatech collects funding from Finnish technology company Normet Group offering a continuous improvement to underground construction and mining processes for increased safety, productivity and profitability. Normet becomes a minority shareholder of the startup. Lekatech’s linear electric technology for hammering applications aims to revolutionize different end products in the mining and construction industries. The […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/13/2023 08:01 EDT

Finnish medtech raises €10.7M Series B and hires new management team members

Espoo-based HVR Cardio has completed €10.7 million in a Series B round led by Innovestor Life Science Fund and Tesi, both headquartered in Finland. This is one of the largest rounds raised by a Finnish company in the med tech sector. The clinical-stage medical technology company develops Structural Heart cardiovascular products for transcatheter mitral valve […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 01/13/2023 07:05 EDT

Norwegian cleantech startup nabs $15M Series B co-led by GenZero and Ashton Kutcher’s Sound Ventures

Founded in 2017 and headquartered in Norway, the CHOOOSE platform announces its closing of €15 million in a Series B round co-led by Singaporean decarbonisation-focused investment company GenZero and SOUNDWaves, the sustainability-focused vehicle of Sound Ventures founded by actor Ashton Kutcher and Guy Oseary. Amadeus IT Group and Contrarian VC also participated in this round […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/12/2023 10:56 EDT

Industrifonden increases its investments

Based in Stockholm, Industrifonden announces its plan to increase its investments to over €53.1 million (MSEK600), dedicating approximately half of the capital to new ventures. The venture capital firm is targeting to lead from the front to accelerate deep techs’ metamorphosis into unicorns. Aiming to shape an early-stage venture capital ecosystem despite turbulent markets, Industrifonden […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 01/12/2023 10:10 EDT

Norwegian startup developing research assistance tool raises €14.4 million to use AI for accelerated scientific text understanding

Stabekk-based startup Iris.ai receives €2.4 million of funding in grants and up to €12M in equity investments from the 2022 EIC Fund. Founded in 2015, the startup offers an award-winning AI engine for scientific text understanding. The company uses Natural Language Processing/Machine Learning to review massive collections of research papers or patents that allow users […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 01/12/2023 09:12 EDT

Swedish gaming veterans receive seed funding from Silicon Valley investment firm

Stockholm-based Seidr has closed a seed investment led by Andreessen Horowitz, a venture capital firm that backs bold entrepreneurs building the future through technology. Seidr is a collective of Swedish gaming veterans dedicated to crafting the next generation of intense multiplayer experiences for PC and console. The startup will continue to create its next-gen cross-platform games. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/11/2023 09:36 EDT

Danish startup with CRISPR diagnostic technology is acquired by Boston-based genomic medicines company

Copenhagen-based next-gen CRISPR engineering startup Twelve Bio announces that it’s been acquired by US-born Ensoma and the two together completed a Series B financing of $85 million co-led by Arix Bioscience and 5AM Ventures. The round saw participation from existing investors including F-Prime Capital, Cormorant Asset Management, Viking Global Investors, Takeda Ventures, Inc., SymBiosis, Alexandria […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/11/2023 08:30 EDT

Norwegian high tech hydrogen startup raises $26M to scale up to full commercial operations

Oslo-based startup Hystar has collected $26 million in a Series B round co-led by AP Ventures and Mitsubishi Corporation with the participation of Finindus, Nippon Steel Trading, Hillhouse Investment, Trustbridge Partners and its existing investors SINTEF Ventures and Firda. The startup specializes in advanced PEM electrolysers for large-scale green hydrogen production. The funding will pave […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/10/2023 10:11 EDT

Helsinki-based commerce experience platform Nosto acquired Austria-based AI-powered product discovery platform Findologic for an undisclosed sum. Nosto’s technology enables online retailers to provide personalized shopping experiences to customers across every device, without any back-end integration. As for Findology, it develops advanced search solutions for online stores. The acquisition will allow it to speed up product […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/10/2023 08:56 EDT

Danish biotech startup grabs $40M to accelerate its effort on clinical proteomics

Odense-based startup Evosep welcomes Novo Holdings as a minority shareholder. The investment company puts $40 million to the table for the bioscience startup’s technology and application portfolio for clinical proteomics. Evosep develops new solutions to make clinical proteomics 100 times more robust and 10 times faster. The startup plans to use the funding to finance […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/09/2023 05:19 EDT

Swedish insurtech startup announces its strategic acquisition of systems provider to solidify commitment to Dutch market

Stockholm-based startup Lumera has acquired AxyWare, a renowned system supplier for Dutch pension funds. Lumera delivers unified policy administration environments that enable safe, continuous digital transformation as AxyWare is a full-service provider of administration and communication systems for pension funds and insurers. Through this acquisition, Lumera strengthens its commitment to the Dutch Life and Pensions […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/09/2023 04:35 EDT

Finnish startup is acquired by Norway-based multimedia group

Helsinki-based C2B used car auction marketplace AutoVex has been acquired by Schibsted which offers publishing and online classifieds services. The Norwegian media company now owns 79% of the Finnish startup. The platform helps consumers sell their cars for the best price whilst providing car dealers with a purchasing tool. AutoVex will continue its services in […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 01/05/2023 23:57 EDT

Arctic Therapeutics receives $13.3M

Akureyri-based startup Arctic Therapeutics has received a $2.7M grant and $10.6M funding from the extremely competitive European Innovation Council (EIC) Accelerator. The startup focuses on identifying the genetic underpinnings of both rare and common diseases to develop novel and innovative therapies. Arctic Therapeutics joins the very select circle of Europe’s high-potential Small and Medium Enterprises […] Read more ›

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22.12.2025 16:36
Last update: 16:25 EDT.
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