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Nurcin Metingil @ ArcticStartup 3 place · 03/21/2023 09:43 EDT

Danish startup secures pre-seed investment to help companies become sustainable

Copenhagen-based startup Contribe has recently landed a pre-seed investment from venture funds Human Act Development and Rockstart. The startup plans to use the pre-seed investment to help other businesses become more sustainable. The company aims to achieve this by building a platform that makes it easier for companies to engage in donating, environmental or social […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/21/2023 02:13 EDT

Swedish cleantech startup collects $20M to unlock fast, electric and sustainable waterborne transport

Stockholm-headquartered startup with electric hydrofoil technology, Candela, has raised $20 million in a funding round co-led by EQT Ventures and investor duo Joel Eklund (Fosielund Holding AB) and Svante Nilo Bengtsson (Marknadspotential AB) with the participation of Ocean Zero LLC, among others. The startup intends to use the capital to mass-produce Candela’s revolutionary foiling 30-passenger […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/20/2023 06:59 EDT

Finnish deep tech company receives a grant from the Bill & Melinda Gates Foundation to create slow-release, long-acting injectable formulations for a human immunodeficiency virus (HIV) vaccine

DelSiTech, a drug delivery and drug development company based in Turku, has announced that it received a grant from the Bill & Melinda Gates Foundation. The grant will be used to create long-acting injectable formulations that will gradually release the HIV vaccine. This is the third grant awarded to DelSiTech by the foundation since 2018. […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 03/20/2023 06:29 EDT

Swedish online auction platform raises €10.6M to help bring heavy machinery into the circular economy

Växjö-based startup Blinto, an online auction platform for used heavy machinery, has secured €10.6 million in funding from Verdane. The platform has been experiencing significant growth, offering a simple and efficient way to resell used machinery while also promoting sustainability by extending the life cycle of these products. With this recent investment, Blinto aims to […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup · 03/20/2023 04:07 EDT

Missing-Link Oy transforms the urban environment with real-time spectrum monitoring systems

Missing-Link Oy is a deep tech startup based in Tampere, Finland, and was founded in 2015 to address a specific research-based finding related to IoT monitoring in urban environments. The company specializes in providing real-time spectrum monitoring systems for on-premises situational awareness solutions. With a dedicated team of five key members, each with a unique […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 03/17/2023 11:23 EDT

Danish startup sets sights on growth with new funding

Aarhus-based startup Landfolk has secured €3.8 million in a seed funding round led by SEED Capital. The platform is designed to connect discerning travelers with exceptional second homes that meet their exacting standards. This latest round of funding is the second in just two years since the company’s inception, and it will enable Landfolk to […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/17/2023 11:06 EDT

Danish startup secures €9 million funding to scale up operations and expand product range

Odense-based startup QuadSAT ApS has secured €9 million in funding led by IQ Capital and supported by current investors, including the world’s leading space tech fund, Seraphim Space, Danish state Vækstfonden, and angel investors Torben Frigaard Rasmussen and Helge Munk. The startup supplies airborne antenna testing solutions. The funding round is the result of a […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/17/2023 10:44 EDT

CAST AI, a Miami-based startup with a European branch in Vilnius, has raised $20 million in a funding round led by Creandum. Creandum, an early-stage venture capital investment firm behind companies like Spotify, neo4j, and Klarna, invested $15M, joining CAST AI’s original lineup of investors which injected an additional $5M, signaling renewed enthusiasm for advanced […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 03/17/2023 09:53 EDT

Lithuanian Business Angels Fund has new CEO

Daiva Rakauskaitė has recently taken on the role of Chief Executive Officer at Lithuanian Business Angels Fund, after purchasing the management shares of former CEO Arvydas Strumskis, along with other partners of the fund. While Strumskis is no longer involved in active management, he will continue to advise the fund’s portfolio companies and participate in […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 03/15/2023 09:52 EDT

Finnish sustainable, architectural CLT housing startup raises nearly €1M total funding, including recent €720,000 pre-seed round

Finnish startup Asumma recently secured a total funding of €945,000, which includes a pre-seed financing round of €720,000 in a funding round led by Kiilto Ventures, a Helsinki-based corporate venture capitalist that invests in startups transforming the built environment. Asumma also received a significant technology grant from the European Union via Finland’s ELY Center of […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 03/15/2023 09:04 EDT

CAPSULE raises €600K seed

CAPSULE, a startup based in Copenhagen, has secured €600k in a seed round backed by UNICO CAPITAL, Martin Lykke Suhr, and The Aventures. The company aims to end everyday wardrobe issues and clothing crises by providing a platform that helps users create outfits, get inspired, and buy products all in one place. The app counts […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 03/15/2023 04:03 EDT

Startups at Maria 01, the Nordic’s largest startup hub, collected a record 219 million euros in funding in 2022

The Maria 01 Impact Report shows that the hub’s startups have collected more than 700 million euros in funding over the course of its seven-year history. The amount of funding has increased almost tenfold in six years. Today, the leading Nordic startup hub, Maria 01, has released its latest Impact Report that measures the social impact of the campuses’ […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 03/14/2023 10:12 EDT

Danish traveling planning app values at €8.3 million after the successful seed round

Odense-based travel planning platform, Tryp.com, has just announced the closure of a seed round that brings the company’s valuation to 8.3 million Euros. The funding, which is believed to be north of €500,000, was led by Jacob Gade, Jens Schumann, Ben Cavender, and Next Commerce Accelerator (NCA), joining previous investors Vækstfonden, Frederik Siesbye Halsted, Jeppe […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/14/2023 09:01 EDT

Finnish greentech startup secures €1.4 million investment to expand AI-powered sustainable forestry platform

Espoo-based data analytics platform CollectiveCrunch has closed a €1.4 million investment round led by Nidoco AB, an existing investor. The startup, the creator of the AI-powered Linda platform, develops products that significantly reduce timelines in forest inventories and enable transparent and accurate insights into biodiversity and carbon stocks. The funds will be used to continue […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 03/14/2023 08:35 EDT

Danish biotech startup raises €28M in Series A financing to advance the development and treatment for neurodegenerative diseases

Teitur Trophics, an Aarhus-based biotech startup that is focused on developing innovative treatments for patients with neurodegenerative diseases, has recently revealed the successful completion of a Series A financing round, which has raised €28M. The funding round was co-led by two of the most well-known venture capital firms, Sunstone Life Science Ventures and Sound Bioventures, […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 03/14/2023 06:17 EDT

Superhood offers one-stop solution for local news, information, and businesses

Superhood Oy is a Helsinki-based urban tech startup founded in 2020, offering a social communications platform for cities and neighborhoods. Superhood addresses the problem of lost information in closed social media groups during the pandemic by providing a platform that aggregates local news and information from various channels and sources into personal neighborhood feeds, without […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 03/13/2023 12:11 EDT

Tulipop raises $1.8M

Reykjavik-based character brand Tulipop has secured a $1.8M investment from the Icelandic growth fund Eyrir Vöxtur. The startup is known for producing merchandise featuring the Tulipop characters, but in recent years, it has shifted its focus to developing and producing entertainment based on the Tulipop world. The biggest project so far has been the production […] Read more ›

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 03/13/2023 03:41 EDT

Finnish Business Angels Network’s new CEO “Angel Investing Is A Patriotic Act”

Finnish Business Angels Network (FiBAN) has appointed a new CEO, Tiina Laisi-Puheloinen, who’s not afraid to be a pioneer and drives a vintage Beetle she purchased “at a price of a Cognac bottle.” In May, Tiina Laisi-Puheloinen will step into the shoes of the CEO of FiBAN, the largest angel investor network in Europe. She […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 03/13/2023 03:22 EDT

Finnish startup raises €475k pre-seed to modernize real-estate industry

Helsinki-based proptech startup Komu Homes has secured €475K in a pre-seed round from angel investors. The startup enables easier living for tenants through an app that provides all services and information regarding their apartments. Komu Homes plans to use the capital raised from their pre-seed funding round to launch a new product that will provide […] Read more ›

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 03/10/2023 08:23 EDT

SIQ Basketball raises $3M seed

SIQ Basketball, a Helsinki-based startup behind the development of a smart basketball approved by the International Basketball Federation (Fiba), has raised $3 million in additional seed funding to accelerate its goal of delivering personalized analytics to every player worldwide. The funding round was led by Chicago-based venture capital firm KB Partners and joined by Tera […] Read more ›

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