ArcticStartup

News from ArcticStartup


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02.06.2025 − 08.06.2025
ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 06/02/2025 10:13 EDT

Tallinn-based fintech platform Income has secured a €540,000 investment from existing shareholder Dr. Hauptmann as part of a broader €1.5 million funding round, which includes a €250,000 allocation for retail investors via SeedBlink. Founded in 2020, Income connects retail and institutional investors to vetted non-bank lenders and has facilitated over €160 million in loans to […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 02/21/2025 08:07 EDT

Danish e-commerce accounting tool Storebuddy acquired by Ageras for European growth

Storebuddy, a Danish software company founded in 2014, has been acquired by Ageras in a move that will expand its reach beyond Denmark. Known for automating accounting tasks such as payment reconciliation and VAT reporting for online stores, Storebuddy has built a customer base in Denmark, helping e-commerce businesses manage complex financial processes. With this […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 02/21/2025 06:57 EDT

Finnish startup secures $2.5M seed investment to scale AI-driven behavioral data platform

Helsinki-based Behavix Inc. has secured $2.5M in seed funding, supported by Nordic venture capital firms Vendep Capital and Superhero Capital, along with several angel investors, following its pre-seed funding earlier in 2024. Specializing in AI-driven behavioral data solutions, the company aims to transform the market research industry by delivering real-time, high-precision insights into consumer behavior. […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 02/21/2025 05:48 EDT

Swedish startup receives funding to transform construction waste into green building materials

Recoma, a Haessleholm-based startup revolutionizing the construction industry with sustainable materials, has successfully raised €2.6 million in funding to fuel its ambitious growth plans. Specializing in transforming composite waste (a mix of paper and plastic) into durable building boards, Recoma offers a circular solution to the sector’s environmental challenges. The latest round saw strong support […] Read more

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ArcticStartup
Vedat Öndas @ ArcticStartup · 02/21/2025 04:57 EDT

Lithuanian healthtech startup raises €2M to enhance mental resilience for military use

Pulsetto, a Vilnius-based healthtech startup specializing in vagus nerve stimulation (VNS) for stress management and mental resilience, has secured a €2 million investment from Scalewolf, a venture fund focused on dual-use technologies for both commercial and defense sectors. The wearable device, which helps users manage stress and improve sleep, is now being adapted for use […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 02/21/2025 04:10 EDT

Estonian Alpha3D acquires MoonlanderAI to expand AI-driven 3D content creation

Tallinn-based Alpha3D, an AI-powered 3D asset creation platform, has acquired MoonlanderAI, an AI-driven game development platform, to expand its capabilities in AI-generated 3D content. MoonlanderAI’s “Text-2-Game” technology, which enables rapid creation of interactive 3D worlds, will now be integrated into Alpha3D’s platform. The acquisition reflects a broader shift in the XR industry, where AI is […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 02/19/2025 04:31 EDT

Lithuanian biotech company secures $25M to expand single-cell research in the US

Vilnius-based Atrandi Biosciences has secured $25 million in Series A funding, with Lux Capital leading the round alongside Vsquared Ventures, Practica Capital, Metaplanet, and GRIDS Capital. The company develops single-cell sample preparation technology, using semipermeable capsules to enable precise molecular analysis while preserving single-cell resolution. The funding will support Atrandi’s expansion into the US market, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 02/19/2025 03:29 EDT

Stockholm’s Serverpod attracts €2.7M seed round to enhance flutter backend solutions

Serverpod, a Stockholm-based startup developing an open-source backend framework for Flutter applications, has secured €2.7 million in seed funding. The round was led by node.vc, with participation from Greens Ventures and PreSeed Ventures. This follows a €1.7 million pre-seed investment last year. Serverpod addresses a common challenge in Flutter development—backend integration—by offering a native solution […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 02/18/2025 08:42 EDT

Finnish startup moves toward scaleup with €17.5M funding for cryogenic CMOS technology

Espoo-based SemiQon has secured €17.5 million in funding, including €2.5 million in non-dilutive grants and €15 million in equity-based funding, from the European Innovation Council (EIC) under its Accelerator program. The funding will support the development of SemiQon’s cryogenic CMOS technology, specifically for its Cool-CHIPS project. With strong customer demand, the company plans to move […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 02/18/2025 08:09 EDT

Bluebook raises $3M

Bluebook, a Stockholm-based startup, has secured a $3M Pre-Seed funding round, led by EQT Ventures with support from Y Combinator, along with angel investors from OpenAI, ElevenLabs & Affirm. The company is developing an AI-powered platform designed to streamline accounting tasks, including automating routine processes, auditing financial records, and managing supplier invoices. Bluebook’s technology aims […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 02/18/2025 07:41 EDT

Swedish VERIGRAFT secures Eurostars grant to advance 3D-printed vascular solutions

Gothenburg-based biotech company VERIGRAFT has received a €1.2 million grant from the Eurostars program to advance its project, PREPPER (PREcision Printed PERsonalized Tissue Therapies). In collaboration with Readily3D SA (Switzerland), RISE (Sweden), and Sahlgrenska University Hospital (Sweden), the project aims to develop 3D-printed arterial grafts that more closely mimic natural arteries, potentially improving the integration […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 02/18/2025 06:14 EDT

Denmark’s Focalx raises €1.8M to scale automated vehicle damage detection

Copenhagen-based Focalx has raised €1.8 million (13.5 million DKK) in a funding round led by byFounders, with participation from AI and SaaS investors, including Christian Brink Frederiksen and Tony Beltramelli. The company develops AI-driven car inspection technology aimed at reducing errors and disputes in vehicle damage assessments. Currently operating in eight markets, Focalx’s system detects […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 02/17/2025 08:49 EDT

Finland’s Norolan secures first funding round with FiBAN’s support to revolutionize fishing gear market

Norolan, founded in 2019 by fisherman and jewelry craftsman Jyrki Kasanen, has closed its first funding round of €600K with the support of FiBAN. The company focuses on producing high-quality, sustainable fishing gear, using lead-free materials and emphasizing craftsmanship over mass production. The round was led by FiBAN angel investor Juha Miettinen, with participation from […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 02/17/2025 08:02 EDT

Lithuania’s Veli lands investment to develop crypto solutions for financial advisors

Lithuanian FinTech startup Veli has raised a high six-figure investment from Omorika Ventures to advance its crypto portfolio platform designed for financial advisors and wealth managers. The funding will support the development of an API for crypto brokerage platforms, a solution for private banks, and team expansion in both development and sales. With a focus […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 02/17/2025 06:34 EDT

AI-BOB raises €2 million

Stockholm-based AI-BOB has secured €2 million in funding to further develop its AI-driven compliance technology for the construction industry. The round was led by VC firm CapitalT, with participation from Fund F, NCA, and angel investors. The company, founded in 2024, focuses on detecting blueprint errors before construction begins, aiming to reduce costly mistakes and […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 02/14/2025 06:46 EDT

Swedish startup attracts €2.6 million to streamline audit processes and boost efficiency

Umeå-based audit-tech startup Senseworks has secured €2.6 million (SEK 30 million) in a funding round led by Industrifonden, joined by Kaknäs Invest, Curitas Ventures, and Partnerinvest Norr. The company develops a SaaS platform that integrates data from multiple systems in real-time, aiming to replace manual processes in auditing and accounting. The funding will be used […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 02/14/2025 05:54 EDT

StemSight raises €2.3 million

Tampere-based biotech startup StemSight has raised €2.3 million in funding to advance its stem cell-based therapy for limbal stem cell deficiency (LSCD), a condition that leads to corneal blindness. The investment, led by Voima Ventures and supported by Finnish family offices (Stephen Industries Inc. & Biothom Oy), private investors, and Business Finland, will fund preclinical […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 02/13/2025 03:59 EDT

Nordic VC firm FSG secures €75M for life science and tech investments

Nordic venture capital firm Fåhraeus Startup and Growth AB (FSG) has completed the final close of its second fund, FSG Fund II, at €75 million (848 million SEK). The European Investment Fund (EIF) has joined as a key investor, contributing €20 million (233 million SEK), alongside existing backers such as Saminvest. Since launching in 2023, […] Read more

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ArcticStartup
Jan Ameri @ ArcticStartup 2 place · 02/12/2025 08:52 EDT

Swedish startup raises €6M seed to advance methane-reducing feed additives

Agteria Biotech, a Stockholm-based startup developing methane-reducing feed additives for cattle, has raised €6 million in a seed round co-led by Industrifonden and AgriZeroNZ, with participation from Norrsken Launcher and Mudcake. The company has created the AB-01 Molecule, a patent-pending compound designed to lower methane emissions from cattle in a scalable and cost-effective way. With […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 3 place · 02/12/2025 06:21 EDT

Estonian startup moves to US after raising €4M for grid tech expansion

Gridraven, a Tallinn-based startup revolutionizing grid capacity with AI-powered Dynamic Line Rating technology, has raised €4 million to fuel its expansion into the U.S. The funding round was led by 42CAP and Icebreaker.vc, underscoring strong investor confidence in the company’s ability to optimize energy transmission without additional hardware. As part of its expansion, CEO Georg […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 02/12/2025 04:26 EDT

Danish biotech companies collaborate to replace petrochemicals in premium skincare

Søborg-based biotech startups Cellugy and Bioli have formed a partnership to introduce a new sustainable skincare product. Bioli’s Moisturizing and Protecting Day Cream incorporates EcoFLEXY, a biofabricated cellulose-based ingredient developed by Cellugy, as a rheology modifier. EcoFLEXY is a biobased alternative to the commonly used petrochemical-based modifiers, offering a biodegradable solution for the cosmetics industry. […] Read more

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09.06.2025 08:36
Last update: 08:30 EDT.
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