Latvia’s startup sector continues to punch above its weight, with high productivity and competitive wages underscoring its growing economic impact. According to the newly published Latvian Startup Report 2025 by the Latvian Startup Association Startin.LV, the country counted 569 active startups by the end of 2025, with the ecosystem generating €610.5 million in turnover in […] Read more ›
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CREANDUM, the venture capital firm based in Stockholm, participated in the first funding round of the London-based renewable energy startup Tesseract Energy. The $78M round was led by Balderton Capital and Lakestar with the participation of Accel, Lowercarbon Capital, Ribbit, BoxGroup, and angel investors like DST Global’s Tom Stafford, Index Ventures’ Martin Mignot, and Formula […] Read more ›
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The biotech spin-off from VTT Technical Research Centre of Finland Onego Bio gets new funding of €4.5 million from Business Finland, a public organization under the Finnish Ministry of Employment and the Economy. The startup produces animal-free egg white with precision fermentation. Earlier this year, Onego Bio raised €10M seed funding from Agronomics and Maki […] Read more ›
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Stockholm-born virtual acute-care hospital company Medoma secured €6 million in a seed round led by the Nordic VC firm Inventure and joined by Bonnier Ventures along with existing investors including VNV Global and Sophia Bendz through Cherry Ventures. The startup’s software enables patients that require complex medical treatment and diagnostics to have easy access to […] Read more ›
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On the lookout for Europe’s most promising and exciting startups and entrepreneurs, the EIT Digital Challenge has launched its 2022 edition – and they want to hear from you. The challenge aims to support Europe’s top up-and-coming innovators within the deeptech ecosystem. This year there will be more winners and even more access to support […] Read more ›
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Copenhagen-based startup Teamway raises €1 million in an extension round led by US investor CMT Digital with participation from Invested, Jeffrey Haas, a prominent Web3-focused angel investor, and the existing investor Dreamcraft Ventures. The Danish startup builds a decentralised, society-led talent platform where tech professionals team up with progressive companies to build meaningful products and […] Read more ›
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Copenhagen-based embedded finance startup Moneyflow has secured €250 million (DKK 1.8 billion) in asset-backed debt funding from Belgian Aion Bank. Moneyflow enables an underserved SME market to grow by offering them funding inside their existing workflow platform. The startup expects to boost growth sharply. Moneyflow enables companies, primarily SMEs, to sell their invoices and revenue […] Read more ›
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Blue World Technologies, an Aalborg-based methanol fuel cell technology company, secured an investment from the Bill Gates-founded Breakthrough Energy Ventures (BEV) alongside Vaekstfonden (The Sovereign Investment Fund of Denmark), DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37 million series B round. In connection with the investment from […] Read more ›
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Based in Helsinki to help founders accelerate the growth of deep technology ventures to global markets, Voima Ventures joins the €1.3M (14 million SEK) seed investment round of Cellfion, a Swedish cleantech startup paving the way towards a sustainable energy transition through the commercialization of bio-based membranes. The round also saw participation from Almi Invest […] 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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11.03.2026 07:58
Last update: 07:50 EDT.
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