Axelyf has raised $2.6 million in seed funding, with the round expected to reach $4.1 million later this year. The financing was led by Iceland’s Brunnur Ventures, with participation from Omega ehf and Silfurberg ehf. Axelyf develops lipid nanoparticle (LNP) delivery systems for RNA-based therapeutics and is working on a technology platform designed to improve […] Read more ›
45
Every startup begins with a spark — a bold idea that feels too good to ignore. But moving from idea to execution is where the real journey begins. In a world of limited resources, uncertain markets, and fast-moving competitors, there’s one concept every founder should master early: the Minimum Viable Product (MVP). What is an […] Read more ›
0
Dineout has announced that Nova has acquired a 20% stake in the company and will take a seat on its board of directors. The agreement also includes funding for the joint development of new digital solutions. Dineout provides a suite of tools for restaurants and service businesses in Iceland, including reservation systems, POS software, ordering […] Read more ›
0
LAXEY, a land-based salmon farming company based in Vestmannaeyjar, Iceland, has secured €130 million in combined equity and debt financing to support the next phase of its development. The funding includes a €35 million equity private placement, backed by existing shareholders and new institutional investors with aquaculture expertise, and a long-term debt agreement with Arion […] Read more ›
0
Estonia-based Co-one has raised €1 million in a pre-Series A funding round led by Ak Portföy. Existing investors—including Maxis Innovative Venture Capital, DOMiNO Ventures, TechOne Venture Capital, and Leap Investments—also participated in the round. Co-one develops platforms such as Agentic Suite and Data OS, which help enterprises in sectors like e-commerce and banking build AI […] Read more ›
0
MedVasc AB, a medical technology company based in Lund, Sweden, has closed a €915K (SEK 10 million) funding round to support the final development phase of its Solutio™ device and preparations for U.S. FDA regulatory submission. The round included participation from both existing shareholders and new investors. The funds will be used to finalize the […] Read more ›
0
Saildrone has raised $60 million in a funding round led by the Export and Investment Fund of Denmark (EIFO), with participation from existing investors Lux Capital, Washington Harbor Partners, Crowley, and Academy Securities, as well as new investors Pinegrove, BZH Capital, What If Ventures, and Calm Ventures. The company, which develops long-endurance uncrewed surface vehicles […] Read more ›
18
Wave Ventures, a Gen Z-led venture capital firm based in Finland, has launched its third fund, raising €7 million—more than triple the size of its previous fund. Since its founding in 2016, the firm has focused on early-stage investments in startups led by founders under 30 across the Nordics and Baltics. The new fund plans […] Read more ›
0
Behavix, a Helsinki-based company specializing in privacy-focused behavioral data, has appointed four senior figures from major research and technology firms to support its international growth. The new team members—formerly with Nielsen, Ipsos, Comscore, ResearchNow, and ByteDance—will focus on advisory and business development roles across the US and Europe. Their backgrounds span media measurement, programmatic advertising, […] Read more ›
2
My distant stance toward the business world—where money is prioritized and aggression often reigns—had fostered a bias against leaders. Then, during one of my regular NetGalley reading sessions in 2021, I came across him: Kazuo Inamori. Or rather, his book From Zero to Kyocera. What drew me in wasn’t the “from zero to something” phrase […] Read more ›
0
Froda, a fintech company specializing in embedded finance, has partnered with business account provider wamo to introduce card-based lending for small and medium-sized enterprises (SMEs) in Finland. The initiative allows eligible businesses to apply for loans of up to €200,000 directly through wamo’s platform, with financing linked to Visa business cards. This approach enables quicker […] Read more ›
2
Gympak, the Swedish wellness company revolutionizing hotel experiences, has secured a key investment from renowned personal trainer and wellness coach, Dejan Petrovic. With his extensive background in fitness and lifestyle, Dejan is stepping in to support Gympak’s mission of making wellness an integral part of hotel stays worldwide. Gympak transforms hotel stays worldwide by offering […] Read more ›
0
Helsinki-based TILT Biotherapeutics has raised $25.6 million in a Series B round led by existing backers including the European Innovation Council (EIC) Fund, Lifeline Ventures, TESI, and Stephen Industries Inc Oy. The funds will accelerate the development of its lead candidate, TILT-123—an oncolytic adenovirus engineered to enhance immune response—into Phase 2 trials for platinum-resistant ovarian […] Read more ›
13
Startups are hard. Everyone in the ecosystem knows it, yet so much of the advice handed to founders revolves around overly simplified myths: Raise more, chase the unicorn, think big or go home. And when startups fail, the default conclusion is often that the idea was flawed or the market too small. But what if […] Read more ›
0
eAgronom, an Estonian platform driving the transition to regenerative agriculture, has secured a significant investment from Mondelēz International’s Sustainable Futures platform as part of its Series A2 funding round. This funding will enable eAgronom to accelerate its mission of empowering farmers to adopt sustainable practices, expand its services to cover over 4 million hectares of […] Read more ›
0
Helsinki-based foodtech innovator Foodiq has raised €10 million in fresh funding to supercharge its international expansion and scale production of its proprietary Multi-Layer Cooker (MLC) — a cutting-edge manufacturing technology poised to disrupt the dairy and alternative food sectors. The round was backed by a mix of strategic investors (not publicly disclosed), signaling strong market […] Read more ›
0
Helsinki-based Eficode has acquired Solidify, a Scandinavian consultancy specializing in GitHub, Azure DevOps, and Microsoft cloud services. The acquisition brings together two of GitHub’s top partners in Europe, forming a combined organization with a strong presence across the EMEA region. Solidify, which generated €8.4 million in revenue in 2024 and employs 60 staff across Sweden, […] Read more ›
0
Copenhagen-based Alice, the AI-powered learning platform transforming course materials into personalised, interactive study experiences, has secured €4.2 million in fresh funding to scale its vision of smarter, stress-free education. The round was led by Cherry Ventures and Y Combinator, with continued support from PSV Tech and several US and European angel investors. Alice is on […] Read more ›
0
The word startup is everywhere—on university campuses, in co-working spaces, in investor newsletters, and coffee shop conversations. But despite its popularity, the meaning of “startup” remains fuzzy for many. Even worse, it’s often misunderstood or misused. What a startup is not Let’s start with what a startup isn’t. Not every new business is a startup. […] Read more ›
3
WeSky, a Vilnius-based avionics startup, has raised €1.036 million from Coinvest Capital and a group of business angels. The company develops USB In-Seat Power systems for airlines, offering in-seat charging solutions that improve the passenger experience and reduce fuel consumption by cutting down aircraft weight. The funds will be used to strengthen brand awareness, expand […] Read more ›
12
Priceagent, a Stockholm-based pricing platform, has raised €550,000 in seed funding to accelerate its global rollout and expand its team. The funding round was backed by the company’s founders, expert consultants, and angel investors, including former Cint executives. The platform allows brands to test and validate pricing strategies quickly using real consumer feedback, helping them […] Read more ›
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Most popular sources
Business Insider
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28% 8 |
Tom's Hardware
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14% 2 |
Slashdot
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8% 2 |
MacRumors
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7% 5 |
Wired
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7% 2 |
| View sources » | |
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01.09.2025 00:00
Last update: 23:55 EDT.
News rating updated: 06:50.
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