ArcticStartup

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15.12.2025 − 21.12.2025
ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 12/16/2025 06:28 EDT

Finnish startup SEATOM selected for NATO DIANA programme, receives €100K funding

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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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/20/2022 09:16 EDT

Icelandic Carbfix receives a grant award from the European Innovation Fund

Icelandic carbon sequestration company Carbfix has received a $117M grant award from the European Innovation Fund that is investing over €1.8 billion in seventeen cleantech projects located in Bulgaria, Finland, France, Germany, Iceland, the Netherlands, Norway, Poland and Sweden. The Icelandic startup provides a natural and permanent storage solution by turning CO2 into stone underground […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/20/2022 07:57 EDT

Estonian solar roofing startup secures €10 million in Series A funding round

Viljandi-based startup Solarstone has collected 10 million euros in a Series A round led by Biofuel OÜ, the Estonian asset management company. Founded by Mait Kukk, Mattis Jürimäe and Silver Aednik, Solarstone produces a solar panel which is a building-integrated roofing material (BIPV) by attaching the panel modules directly to the roof ridge without the […] Read more

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 07/19/2022 05:17 EDT

Sanitation360 helps us protect the environment by answering the call of nature

Sanitation360 was founded in Gotland, Sweden in 2019 to offer a unique solution that converts urine into a dry-fertilizer, preventing water pollution and enabling easier circular management of wastewater and nutrients. With these solution, they protect our water, enable safer toilets and build sustainable communities. The Sanitation360 team, Björn Vinnerås, Prithvi Simha and Jenna Senecal, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/19/2022 03:35 EDT

Finnish agritech startup with vertical farming technology raises €150K seed

Espoo-based agritech startup Arctic Farming has collected €150K in a seed round to introduce its technology to the market. The Finnish startup’s technology enables the hyperlocal production of fresh herbs and leafy greens anywhere at any time, significantly reducing global food waste in the process. These can be used by wholesale, restaurant and retail industries, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/18/2022 11:31 EDT

Finnish sponsorship marketplace is acquired by its German counterpart

Helsinki-based sportstech startup Sponssa is acquired by Sponsoo, the marketplace for sports sponsorship in Germany. They both shared the same focus over the years and now are joining the forces to connect sponsors with thousands of athletes and clubs of more than 300 different sports. The Finnish startup will be covering the advising role and […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/18/2022 10:48 EDT

Swedish audience engagement platform for those in education raises $42 million Series C to expand in the US

Stockholm-based edtech startup Mentimeter has collected $42M in a Series C funding round led by Creades, Nordstjernan Growth, and Alfvén Didrikson. The company’s platform makes it easier to listen and to be heard by transforming passive audiences into active contributors. This capital injection will pave the way for Mentimeter,  already having 200 million users and […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/18/2022 10:10 EDT

Swedish edtech startup Zcooly acquires Peppy Pals, another edtech focusing on developing children’s EQ through story-telling

Stockholm-based startup Zcooly has acquired Peppy Pals from the same industry. Zcooly leveraging the popularity of games in young students and offer a world of educational games in which kids between 5 and 12 years can sharpen their math skills. Peppy Pals was founded in Sweden by Rosie Linder, an economist and mother of two […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/15/2022 10:09 EDT

Icelander-founded startup raises $41M funding to redefine the MMO landscape

Founded by Oddur Snær Magnússon, Ívar Emilsson and Mundi Vondi, Berlin-based startup Klang Games has collected $41 million in a Series C funding round co-led by Animoca Brands and Kingsway Capital, with the participation of Anthos, Novator, Supercell, Roosh, AngelHub, and New Life Ventures. Former Studio Director and Lead Producer at EA,Isabelle Henriques will be […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/15/2022 09:25 EDT

Danish e-commerce platform raises $8M seed to accelerate the world’s transition to digital native commerce for a wider audience

Copenhagen-based startup Medusa has collected $8 million in a seed round led by LocalGlobe and Dawn Capital. The round also saw participation from prominent tech leaders such as Anthony Casalena, Nicolas Dessaigne, and Scott Williamson. The open source composable commerce engine provides the foundational building blocks for tomorrow’s e-commerce infrastructure by combining its open architecture […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/14/2022 06:46 EDT

Estonian entrepreneurs’ fintech closes $25M Series A to expand across Europe

Founded by Estonian entrepreneurs Martin Sokk and Mihkel Aamer, London-based Lightyear closes $25M in a Series A round led by Silicon Valley’s Lightspeed Venture Partners with the participation of the Virgin Group and its seed investors, Mosaic Ventures, Taavet+Sten and Metaplanet alongwith a number of new and existing angel investors. The startup offers a new […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/14/2022 05:22 EDT

Danish biotech startup BioPhero is acquired by the global agricultural sciences company

Founded in Copenhagen as a spin-out from the Technical University of Denmark, biotech startup BioPhero is acquired by FMC Corporation, an American chemical manufacturing company headquartered in Philadelphia. Founded in 2016, BioPhero’s technology platform allows for sustainable, low-cost production of insect pheromones. This acquisition, which contributes to sustainable agricultute, will boost the Danish company’s R&D […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/14/2022 04:15 EDT

Danish biotech startup closes €11.5M Series B to introduce its natural and sustainably produced biotin

Biosyntia, founded by Morten Sommer, Hans Genee and Andreas Hougaard Laustsen as a spin-out from the Centre for Biosustainability, at the Technical University of Denmark,  has raised €11.5M Series B round from the European Circular Bioeconomy Fund (ECBF) and two of its existing investors, Sofinnova Partners and Novo Seeds. Copenhagen-based biotech develops bio-catalysts which provide […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/13/2022 10:34 EDT

Swedish investor relation platform extends seed round to $7M

Stockholm-based startup Quartr raises $2.6 million in extended seed round where it receives backing from Flat Capital, Klarna CEO’s Investment Firm. The extention round was led by the Öhman Group and joined by Centripetal Capital, Michael Batnick, Josh Brown, and Barry Ritholtz. The Swedish startup’s founding team met through Twitter’s financial community #FinTwit, and founded the […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 07/13/2022 09:23 EDT

Finnish company offering textile recycling solutions has raised €6M in growth funding

Paimio-based Rester has raised €6 million in growth funding. The round led by Lindström Group saw participation from Taaleri Sijoitus Oy, Besodos Investors Oy and Tesi via its circular economy programme. Rester provides companies a responsible way to get rid of their textile waste and offers high quality regenerated fibers for industrial applications. With its […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/12/2022 16:12 EDT

Swedish VC firm Spintop Ventures receives additional support for its fourth fund

Earlier this year, Stockholm-based investment firm Spintop Ventures started to invest in Nordic tech companies via its Spintop Fund IV. Now, the firm raises additional financial support from the European Investment Fund (EIF) and Saminvest, the venture capital company formed by the Swedish government. The reason why they wanted to contribute to this new fund […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/12/2022 08:49 EDT

Icelandic anti-money laundering software closes $17M series B to support banks in the fight against financial crime

Reykjavik-born SaaS startup Lucinity has raised $17 million in a Series B round led by Keen Venture Partners. The round also saw participation from Netherland-based VC firm Venturing, its recent partner Experian, and major existing investors Crowberry Capital, Karma Ventures, and byFounders. Lucinity, via its Human AI-powered platform, enables its customers to discover money laundering and […] Read more

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ArcticStartup
Jan Ameri @ ArcticStartup 3 place · 07/12/2022 07:54 EDT

Finnish startup collects €5.1M to offer its coaching services with the methods proven in Formula 1 and Fortune 500

Helsinki-based startup Hintsa Performance has raised 5.1 million euros to spread its scientifically proved methods to all over the world. Ex-Unilever CEO Paul Polman, K5 Global, The Late Late Show host James Corden, and Charles Plowden, former joint senior partner of Baillie Gifford & Co joined the round. The Finnish startup enables businesses, individuals, athletes, […] Read more

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ArcticStartup
Jan Ameri @ ArcticStartup 1 place · 07/12/2022 06:46 EDT

100TM is building Earth Cities as a 21st century response to climate change

100 Thousand Million (100TM) was founded in 2021 in Helsinki by Alberto Scherb the father of 2, CEO, and Head of GTD; Jaime Alvarez Gerding the father of 2, Head of R&D, Future +; Andro Lindsay the father of 2, Head of Sales & Fundraising. and Chris Staggs the father of 3, Principal at Aria […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup 2 place · 07/12/2022 04:23 EDT

New European Climate Tech franchise targeting €150M Fund I to help Europe become carbon-neutral by 2050

Copenhagen-based venture capital firm Climentum Capital, which stands for Climate momentum, launches a €150M generation fund for projects that will invest in Europe’s sustainable future. It is hoped that emissions caused by millions of tons of carbon dioxide can be prevented thanks to this fund, which targets strategically important destinations in Europe such as Copenhagen, […] Read more

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ArcticStartup
Nurcin Metingil @ ArcticStartup · 07/11/2022 10:07 EDT

Estonian edtech startup raises $2.1M for getting kids excited about math

Tallinn-based startup 99math collects $2.1 million in a round led by Play Ventures with the participation of international venture cpital firm Flyer One Ventures and Baltic-based early stage VC fund Change Ventures. The startup develops a multiplayer math game for kids to learn through it and challenge themselves with competing via global online tournaments. The […] Read more

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23.12.2025 01:51
Last update: 01:40 EDT.
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