Vilnius-based isLucid has completed its pre-seed funding round, with €265,000 contributed by Coinvest Capital alongside investments from Business Angels Fund, Katalista Ventures, Agmis, and other angel investors. The funding will support isLucid’s expansion into Scandinavian and non-English-speaking markets and further development of its AI-powered platform for contact centers. The company’s tools analyze customer interactions, assist […] Read more ›
43
Linn-Cecilie Linnemann joins LUMO Labs as a Senior Partner to lead the fund’s operations in the Nordics and the Baltics, drawing on over 20 years of experience in business strategy, investment, and climate-driven initiatives. She views the region as ripe with potential, given its strong tech expertise, deep tech environments, and industrial capabilities, particularly in […] Read more ›
0
Root Signals, a Helsinki and Palo Alto-based startup, has secured $2.8 million in funding to drive the adoption of generative AI (GenAI) in enterprise settings. The funding round was led by Angular Ventures, with support from Business Finland. Root Signals specializes in LLM-as-a-judge techniques, providing an AI control platform that enables businesses to measure, control, […] Read more ›
0
Behavix Inc., a Helsinki and New York-based startup co-founded by industry veterans Hannu Verkasalo and Surath Chatterji, has announced the successful closure of its pre-seed funding round. The company raised an undisclosed amount from senior executives at Nielsen, Rovio, and Unity, marking a significant milestone in its mission to transform the market research industry. Behavix […] Read more ›
0
Treble Technologies, a Reykjavik-based company specializing in sound simulation and synthetic audio data generation, has raised €11 million in its Series A funding round. The round was led by KOMPAS VC, with participation from Frumtak Ventures, the European Investment Bank, Omega Venture Partners, and strategic partners St. Gobain and L-Acoustics. Treble plans to use the […] Read more ›
0
Froda and Juni, two prominent Swedish fintech firms, have formed a partnership to advance embedded finance solutions. By integrating Froda’s technical platform and utilizing its capital pool, Juni aims to enhance its financial services and expand its reach. This collaboration seeks to address the challenge of accessing financing faced by many SMEs in Europe, leveraging […] Read more ›
12
Resand, a Finnish technology company focused on regenerating and recycling foundry sand, has secured a EUR 3 million loan from Nefco, the Nordic Green Bank. This financing, combined with previous investments, will enable Resand to scale up its Sand As A Service (SAAS) solution, which allows foundries to recycle and reuse sand, drastically reducing the […] Read more ›
0
Amferia, a Mölndal-based medtech company specializing in antimicrobial healthcare solutions, has secured €1.2 million in an oversubscribed investment round led by Chalmers Ventures, alongside new investors. This funding will accelerate the clinical development of Amferia’s innovative hydrogel platform, which is designed to combat resistant bacterial infections by utilizing antimicrobial peptides. The company will also use […] Read more ›
0
Karkkila-based Hailia Nordic has partnered with fish supplier Kalavapriikki and S Group to launch a new food product made from rainbow trout sidestreams. This collaboration aims to reduce waste in fish processing by turning typically discarded parts into a ready-to-use food product, which will be available in over 500 stores under S Group’s Kotimaista label. […] Read more ›
0
Mycorena, a Swedish mycoprotein company, has been acquired by Naplasol, part of the VEOS Group, marking a significant step in the company’s development. Established in 2017, Mycorena has focused on fungi-based technology, producing its signature product, Promyc®, known for its nutritional value and sustainable production. This acquisition allows Mycorena to scale its operations with the […] Read more ›
0
Lund-based SmiLe Inject Capital has recently invested 9 million SEK (approximately 0.8 million euros) in three pioneering life science startups: Uman Sense, Nygen Analytics, and Aligned Bio. Uman Sense, a spin-off from Lund University, is developing Stroke Alarm, a wristband that monitors patients at high risk for stroke, with 3 million SEK allocated to support […] Read more ›
0
Sunly, a Tallinn-based renewable energy producer, has secured €300 million in debt financing to accelerate its renewable energy projects across the Baltics and Poland. The funding was led by Rivage Investment through its high-yield infrastructure debt funds, Copenhagen Infrastructure Partners (CIP) via its Green Credit Fund I, and Norway’s largest pension company, Kommunal Landspensjonskasse (KLP), […] Read more ›
0
Ocean Oasis, an Oslo-based cleantech startup, has secured a €6 million grant from the European Executive Agency on Climate, Infrastructure, and Environment (CINEA) to advance its innovative wave-powered desalination technology. The funding will be used to deploy Ocean Oasis’ offshore desalination buoys off the coast of Gran Canaria, aiming to supply fresh water to 15,000 […] Read more ›
12
Copenhagen-based startup Tiimo, a leading app designed to support neurodiverse individuals, has successfully raised $1.6 million in its latest funding round, bringing the total raised to $4.8 million. This pre-Series A round was co-led by Crowberry Capital and People Ventures, with additional backing from Sweden’s Inner Foundations, which focuses on mental health startups. Previous investors […] Read more ›
0
Uniqkey, a Denmark-based cybersecurity startup, has secured €5.35 million in a funding round led by Swedish VC firm BackingMinds, with participation from industry veterans like Jesper Zerlang, Lars Ankjer, Otto Krabbe, Rolf Bladt, and several prominent angels. Uniqkey specializes in providing military-grade password management solutions to bolster European companies against the growing threat of cyberattacks […] Read more ›
0
Oslo-based startup Cardboard has raised €1.9 million in seed funding to scale its SaaS subscription management platform across Europe, starting with the Swedish and UK markets. The funding round was led by Skyfall Ventures, with additional support from RunwayFBU and Sondo. Cardboard’s platform helps startups, scaleups, and SMEs manage their SaaS subscriptions by centralizing data, […] Read more ›
0
Helsinki-based recruitment tech company Jobilla has raised €6M in funding from Juuri Partners, Trind VC, Business Finland, and business angels including Matti Vikkula, who also takes on the role of Chair of the Board. The new capital will support Jobilla’s ongoing international expansion and further development of its AI-powered platform, which automates key aspects of […] Read more ›
0
Stockholm-based EcoDataCenter has partnered with CoreWeave to construct Europe’s first large-scale NVIDIA Blackwell AI cluster in Falun, Sweden. CoreWeave, a cloud-based computing powerhouse, is expanding its footprint in Europe with this collaboration, which will substantially increase the continent’s AI computing capacity. EcoDataCenter, renowned for its sustainable data centers powered by renewable energy, will house thousands […] Read more ›
3
Carguru, a leading car-sharing platform in Latvia, has merged with electric car-sharing startup OX Drive, making it the largest provider of electric car-sharing services in the country. This merger significantly expands Carguru’s fleet with over 200 additional electric vehicles, including Tesla and Audi models, which will now be available through Carguru’s app. OX Drive, which […] Read more ›
0
Nordic SeaFarm has secured €2.1 million (25 million SEK) in funding, led by EIT InnoEnergy and Inter IKEA Group. The investment will advance the company’s research and development efforts and expand its seaweed cultivation operations across Europe. The capital aims to support Nordic SeaFarm’s initiatives in creating sustainable materials and solutions, including replacements for synthetic […] Read more ›
0
Tallinn-based Myceen has secured over €2 million in grants this year, with an additional €1-1.5 million in seed investment anticipated. The company’s funding comes from a wide range of investors, including the Mistletoe Japanese Impact Fund, EIT Climate KIC, Enterprise Estonia (EAS), the German Ministry of Culture, the Estonian Research Council (ETAG), Beamline Deep Technology […] Read more ›
0
Most popular sources
Business Insider
|
20% 12 |
The Verge
|
10% 3 |
Tech Wire Asia
|
8% 1 |
Gizmodo
|
8% 2 |
Android Authority
|
7% 4 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.11.2024 09:40
Last update: 09:31 EDT.
News rating updated: 16:32.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.