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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Denmark-based gut microbiome health startup Bactolife raised $5 million in funding from the Bill & Melinda Gates Foundation in alignment with the foundation’s charitable mission, The investment will allow the startup to develop Binding Proteins™ as a novel biologic solution to reduce the risk of gut health infections in humans and animals. Bactolife develops breakthrough […] Read more ›
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Savage Game Studios, based in Finland and Germany, is being acquired by Sony Interactive Entertainment. The startup makes action games with epic stories to foster lasting connections with players around the world and now is working on an unannounced new AAA mobile live service action game. With this acquisition, Savage will be a new member […] Read more ›
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Vilnius-based startup Boomio has secured a €550K in a follow-up investment round led by Lighthouse Ventures and a syndicate of four European angel investors. Boomio’s platform allows businesses to create and manage their own rewards & loyalty system for a small subscription fee. The funding will allow them to improve their product and expand to […] Read more ›
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Copenhagen-based startup Muninn has raised €2.5 million in a seed round led by Swedish VC firm Luminar Ventures. The startup’s previous investor PreSeed Ventures also participated in the round. Muninn’s AI technologies enable companies to protect their critical digital assets and infrastructures from cyber-criminals. The funds will be used to grow both the product and […] Read more ›
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Zeew, a Riga-based startup founded as a B2B on-demand delivery platform for small businesses, has raised $630K in a seed funding round from Plug and Play Ventures, Poland Prize, and angel investors. Zeew enables restaurants, pharmaceuticals, and other businesses to build their fully automated all-in-one online ordering platform with variety of features including category and […] Read more ›
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The three-day community-organized festival sTARTUp Day 2022 has come to an end last week and finally, we can know about the winners of sTARTUp Pitching 2022 which was a record year for them since they received 380 applications from 47 countries. It’s organized by the city of Tartu, the University of Tartu, Tartu Science Park, […] Read more ›
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Nordic Foodtech VC, investing in deep food tech across Nordics and Baltics, welcomes Tracegrow Oy as one of its portfolio companies. Tracegrow’s globally scalable technology converts industrial side streams and recycled batteries into valuable circular economy products with a low carbon footprint. With this investment from the Helsinki-born venture capital firm, the Finnish startup will […] Read more ›
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Oslo-centered startup Zelluna Immunotherapy has received investment from Takeda Ventures, the strategic investing arm of Takeda which is a manufacturer, marketer, and distributor of pharmaceutical products. The startup develops a portfolio of tumour-specific TCRs to guide NK cells with the aim to induce cancer responses that are safe, efficient, and durable. Thanks to the investment, […] Read more ›
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Located in Copenhagen, Neurons Inc has raised over €6 million in a seed round joined by Fairpoint Capital, Vækstfonden, and Finance Zealand. This is one of the largest seed round deals on a global base. The startup applies neuroscience tools and insights to help businesses better understand unconscious and conscious responses. Since 2013, it has […] Read more ›
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Helsinki-headquartered VC firm Helen Ventures co-led the Dutch startup Solar Monkey‘s round with Eneco Ventures, who joined the journey to empower their sustainability mission together with the current investors, including 4impact capital and InnovationQuarter. Founded in 2015 by Jan Pieter Versluijs (CEO), Tino de Bruijn (CTO) and Mels van Hoolwerff (former CFO), Solar Monkey develops […] Read more ›
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Helsinki-based startup Ruokaboksi Oy has collected €3.5 million in growth funding. The round saw participation from Tesi (Finnish Industry Investment Ltd) and Nordic FoodTech VC. The startup offers its customers a platform where they can choose a recipe and order the necessary ingredients at home. This platform is able to improve the shopping experience of […] Read more ›
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Stockholm-based venture capital firm Gullspång Re:food joins the $7 million Series A round of Canadian biotechnology startup Bioindustries Inc making compostable plastics from waste materials. The round was led by Khosla Ventures and BDC Capital’s Cleantech Practice with the participation of returning investors such as AME Cloud Ventures, IT Farm, and Heinz Group along with the […] Read more ›
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Helsinki-based seed-stage venture capital firm Maki.vc has appointed Pauliina Martikainen as their new Partner. Maki.vc was founded in 2018 and almost a year later, they welcomed Pauliina to the firm. Since then she has been keeping her eyes on deep tech companies that range from pre-seed to IPO as well as searching for new startups […] Read more ›
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Stockholm-born rental marketplace Hygglo takes a step to be the largest peer-to-peer rental platform in the world and makes a $41.5M offer to acquire London-based competitor Fat Llama. Founded by Chaz Englander and Rosie Dallas, the UK-based company signed the papers and continues to operate under the same name. Swedish startup will have a seat […] Read more ›
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Tallinn-based startup Ready Player Me has raised $56M in a Series B funding round co-led by Jon Lai from a16z GAMES FUND ONE and Chris Dixon from a16z crypto. The round attracts many other investors including Plural, David Baszucki, co-founder of Roblox, Justin Kan, co-founder of Twitch and Fractal, Robin Chan, co-founder of Fractal, Henry […] Read more ›
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Vilnius-based startup Okredo collects €650K in a follow-up investment round which takes its total funding up to €1.65M. The round was led by the Lithuanian Business Angels Fund, Presto Ventures, and Lighthouse Ventures. The startup’s platform analyzes the data obtained from official sources in real-time and helps its users unveil full potential and risks in […] Read more ›
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Finish healthtech startup receives capital to bring the quality of anonymized health data to a new level with next-generation anonymization technology Helsinki-based , a spin out from FIMM (Institute for Molecular Medicine Finland) receives debt financing from BioInnovation Institute (BII), an international commercial foundation with a nonprofit objective supported by the Novo Nordisk Foundation. BII […] Read more ›
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As some of you may remember, we are building a Nordic Deeptech Community for those who are interested in world-changing deep tech from the Nordic and Baltic regions. As ArcticStartup Events, we have started this mission to unlock massive potential for deep tech in the New Nordics by empowering the ecosystem and its stakeholders. As […] Read more ›
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Copenhagen-born CathVision has raised $7.2 million from its existing investors. The startup’s EP technology provides clean electrical activation signals and enables electrophysiologists to diagnose and treat complex atrial arrhythmias with low-noise high fidelity cardiac electrograms, which conventional EP recording systems are unable to do so. Danish startup will use the capital to improve AI-powered analytic […] Read more ›
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Stockholm-based venture capital firm Saminvest puts €1.37 million (MSEK 14.5) on the table for Propel Capital‘s operations. Alongside this, the VC firm will also be jumping into follow-on investments via an additional €1.89 million (MSEK 20). Sweden-based business angel company founded by Sting, Propel Capital VI is also backed by 35 business angels that join […] Read more ›
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22.12.2025 23:53
Last update: 23:40 EDT.
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