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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Vilnius-based startup Walk15 has raised €600K. EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT) joined the round with other investors. This is the first significant commitment of support and therefore, a partnership agreement, of one of Europe’s largest urban mobility funds in Lithuanian venture. Walk15 is a sustainable walking […] Read more ›
9
Swedish Professor Mathias Uhlén is investing in Stockholm-based medtech startup Capitainer. The well-renowned scientist will be joining the advisory board of the company. The startup develops a microsystem-based technology that offers a solution for near-patient blood sampling e.g. at home. Patients can themselves conveniently leave blood samples (as dried blood spots) and send them by […] Read more ›
9
Vilnius-based Practica Capital announces the launch of its new VC fund. The firm has marked the first closing of its third fund at €32M, targetting to reach €70M to help realize early-stage Baltic entrepreneurs’ ambition. Through Practica Venture Capital III, Pratica will be supporting Baltic-origin startups from pre-seed to A round operating on marketplace, SaaS […] Read more ›
24
Espoo-based sustainable food platform Nordic Umami Company has raised €1.8 million in a seed funding round led by the Nordic Food Tech VC with the participation of Heino Group Oy, Holdix Oy Ab, Vaens Oy and Anne Soininen. The Finnish startup also got an EU & Business Finland Next Generation grant of €800K which brings […] Read more ›
39
Helsinki-based startup Klu has raised pre-seed investment from Antler. The startup keeps information scattered across platforms organized to make it easily accessible for teams. The funding will allow Klu to continue building and launching its public beta on Jan 2023. Klu is currently taking closed-beta users only. Klu allows users to integrate their existing tools […] Read more ›
1
Oslo-based legal support platform The Lawyer Guide has collected €47K at a valuation of €4 million through a crowdfunding campaign on Folkeinvest.no. The platform is an index of lawyers in Norway, Sweden, Denmark and Switzerland. The startup is planning to expand to more countries. TheLawyerGuide.com offers a platform for reviewing lawyers, similar to how Tripadvisor […] Read more ›
9
Stockholm-born Done closes €700K in a seed round led by Almi Invest. The startup is Europe’s first gig platform for qualified craftsmen that facilitates consumers’ home improvement projects from start to finish. The funding will help Done focus on marketing, especially in Sweden, and accordingly, enlarge its team. Done is targeting to boost sustainability by […] Read more ›
7
Finnish Business Angels Network (FiBAN) shared the results of its November member study. The results paint a general picture of the current investment sentiment of the member angel investors. According to this research, approximately 90% of FIBAN members are ready to invest if they find a suitable company. Despite the fog in the market, investors […] Read more ›
2
Vilnius-based startup Watalook has collected €3 million in a seed round led by Danish byFounders and Lithuanian Practica Capital. The round also saw participation from Dutch Crossspring and Lithuanian Motieka Investment Fund as well as some business angels. The startup connects beauty professionals and their clients into a single online platform enabling them to manage […] Read more ›
12
Copenhagen-born biotechnology startup MinervaX has secured €22 million in an equity funding round co-led by new investors Trill Impact Ventures and Pureos Bioventures and includes existing investors REPAIR Impact Fund (Novo Holdings), Sunstone Life Science Ventures, LF Investment, Wellington Partners, Sanofi Ventures, Adjuvant Capital and Industrifonden and gets loan facility with access to up to […] Read more ›
22
Copenhagen-headquartered bio-industrial startup EvodiaBio has secured $6.4 million in a financing round led by Nordic Foodtech VC and joined by the BioInnovation Institute, a Danish accelerator funded by the Novo Nordisk Foundation and several international industry players, including the German flavor house Symrise that steps in as strategic investor. The startup produces sustainable, natural aromas […] Read more ›
0
Reykjavik-based startup Driftline has raised $800K in a seed round, $350K of which were from Icelandic investors and $450K in grants from public research funds. The app offers a patent-pending technology that allows new and professional sports people to access heart rate analytics in the use of their training and performance analysis. Driftline will use […] Read more ›
0
Stockholm-based personalized learning platform Sana closes $34M in a Series B round led by Menlo Ventures with the participation of its existing investor EQT Ventures and several founders and operators. Sana is an AI-powered learning platform that empowers organizations to find, share, and harness the knowledge they need to achieve their missions. The startup intends […] Read more ›
2
Stockholm-based cell-free synthetic biology platform EnginZyme has collected €21 million in a Series B round from Almi Invest GreenTech, Navigare Ventures and Bunge Ventures as well as its existing investors Sofinnova Partners, Industrifonden and SEB GreenTech VC. The biotech startup develops biomanufacturing processes for the sustainable manufacturing of everyday products. This latest capital will help […] Read more ›
28
Helsinki-based fintech Membrane Finance has raised €2 million in a seed funding round from Maki Ventures. The startup also announces its newly approved license to build the first-ever regulated EUR-based stablecoin in the European Union. The company is granted the FIN-FSA Electronic Money Institution license. This makes Membrane’s product, called EUROe, the first regulated EUR-based, […] Read more ›
0
Choosing to pursue a Master of Business Administration (MBA) degree is a crucial step in becoming a prospective manager. However, the initial investment and dedication needed to study an MBA course are worthwhile if you seek to compete in today’s highly competitive business world. Getting an MBA will bring you countless opportunities, especially if it […] Read more ›
0
Stockholm-based product traceability and supply chain transparency platform TrusTrace signs with KappAhl to contribute the sustainability goal of theirs. TrusTrace empowers brands and suppliers around the world to standardize how supply chain and material traceability data is captured, digitized and shared. This partnership will strengthen KappAhl’s sustainability initiatives and provide the company with infrastructure that […] Read more ›
5
Espoo-based telehealth platform Medixine has raised €5 million in a round that was fully subscribed for in one week. The growth funding round was launched through Springvest, which was founded to meet the financing needs of growth companies and the desire of investors to participate in the story of growth companies. The share issue will […] Read more ›
27
Stockholm-founded startup Einride has secured $200M in equity from new investors and existing shareholders including Swedish pension fund AMF, EQT Ventures, Northzone, Polar Structure, Norrsken VC and Temasek, and $300M in debt financing signed with Barclays Europe, which is the largest asset-backed facility to date for heavy-duty electric vehicle. Einride designs, develops and deploys technologies […] Read more ›
2
Reykjavik-based startup Treble Technologies has secured €8 million in a seed round led by Iceland’s Frumtak Ventures with the participation of NOVA, the venture arm of Saint-Gobain and several angel investors. This round also includes a €2.5 million grant from the EIC. The startup develops next generation sound simulation and spatial audio technology for digital […] Read more ›
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22.12.2025 16:34
Last update: 16:25 EDT.
News rating updated: 23:20.
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