Uppsala-based startup Favro‘s online project management tool has received 300 thousand euros in a seed round led by pan-Baltic venture capital fund Practica Capital with the participation of many investors and Capitalia, the financier and financial advisor with its focus on small and medium-sized companies in the Baltic sea region. It is a collaborative planning […] Read more ›
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Vilnius-based multinational loan matchmaking platform Lenders goes in a partnership with Nordigen, the Riga-based fintech startup. Founded in 2013, Lenders is a loan comparison portal with more than 100,000 customers. The portal enables users to compare the offers of multiple credit institutions and borrow money at a lower interest rate. As for Nordigen, its big […] Read more ›
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Icelandic cybersecurity startup Nanitor receives $1.7M from some private investors along with its existing investor Brunnur Ventures. With this capital injection, Reykjavik-based startup will be able to expand in foreign markets. Nanitor’s all seeing cybersecurity user-friendly platform automatically discover users’ global IT assets and continuously identify fundamental cybersecurity issues. The platform helps companies detect and […] Read more ›
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Stockholm-based deep tech startup Plexigrid has secured 2 million euros in a round led by Miami-based venture capital firm TheVentureCity. The Swedish startup develops data-driven software tools to help all in the electricity distribution network to reach overall analysis. Plexigrid’s focus on this matter is the low voltage grid compared to other solutions for distribution […] Read more ›
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Swedish fossil-free and smart delivery service Budbee received around €38M at the very beginning of this week. After closing the amount of €38M, the startup managed to get closer to being claimed as a unicorn. Budbee is already making deliveries across five different countries including Sweden, Finland, Denmark, Belgium, and the Netherlands. Now with the […] Read more ›
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Tallinn-based deep tech startup GScan has raised 1.4 million euros in a round led by AS Amalfi, Hansa Grupp OÜ and Sillever OÜ. The startup’s total valuation rises up to €18M with this investment. The startup’s expertise is based on particle physics applications that can be easily applied anywhere like security, border control, industry, and […] Read more ›
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Swedish pet insurance startup Lassie has received €11M (SEK 115 million) series A from notable angel investors including Karl-Johan Persson, Fredrik and Caroline Hjelm and Josefin Landgård. The round was led by British venture capital firm Felix Capital with the participation of Nordic venture fund Inventure and Londoner VC firm Passion Capital. Lassie. From Felix Capital: […] Read more ›
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Late-stage agritech Lantmännen Cerealia partners up with foodtech startup Mycorena. Two Swedish companies join forces to come up with new sustainable food products. The demand for sustainable food has increased during the past few years and now this partnership is targeting to offer alternative food sources and ingredients with also good taste and texture. They […] Read more ›
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Swedish research-based biotech company Cinclus Pharma has raised 22 million euros in a private placement led by Trill Impact. A number of Swedish and international institutional investors joined the round along with its existing shareholders. Nordic life science venture group Eir Ventures I AB, Irrus Investments Nominee Limited, Fjärde AP-fonden (The Fourth Swedish National Pension […] Read more ›
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Espoo-based startup Sensible4 has received €8M loan from the European Investment Bank (EIB) to offer sustainable solutions to traffic accidents, carbon dioxide and polluting emissions. With its autonomous driving technology, the Finnish company enables manufacturers to make any vehicle driverless even under any kind of weather conditions. This capital injection help them further with pre-production […] Read more ›
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London and Helsinki based aggregator eBrands has raised 50 million dollars in funding to help small and medium-sized digital native brands out to the next stage for selling. The brand aggregator acquires companies with a potential on a global base and minimal logistical carbon footprints. The round was backed by Varma Pension Fund, Rettig Group […] Read more ›
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Sweden’s buy now pay later service provider Treyd is preparing for its growth and expansion after receiving 10.5 million dollars in its latest Series A round backed by Zenith Venture Capital, J12, Njord Ventures, DHS Ventures along with a few major angel investors including Tetra Pak heir Magnus Rausing. Nordic venture capital firm Nineyards Equity […] Read more ›
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Stockholm-based fintech Findity has received around 5-million-euro (50 MSEK) support from private investors and its existing owners to further its expansion on a global level. The funding also enables the Swedish startup to merge its two brands under the name Findity. This platform offers an automated all-in-one solution to expense management. With the funding, Findity […] Read more ›
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Finnish climate-neutral, sustainability-focused technology company Bob W acquires its Estonian competitor Estonishing Stay Apartments which is the Finnish company’s first acquisition. Estonishing Stay Apartment is one of the largest operator that provide short-stay apartment services. The Helsinki-based startup’s marketplace brings the best features of home and hotel together. This way, it offers a high-quality experience […] Read more ›
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Iceland has made a name for itself in terms of women’s labour force participation in Europe. According to World Economic Forum reports, the country has been scoring the highest rates for a few years. Icelandic Empower comes forward with its SaaS solution to improve and promote equality, diversity & inclusion. It was founded by serial […] Read more ›
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Iceland’s VC firm Crowberry Capital welcomes the Seattle startup GemmaQ as a portfolio company after leading the startup’s first funding round at $400K. The startup actually also has Nordic roots since it is founded by Freyja Thorarinsdottir who has been passionate about improving the gender balance in senior leadership in her home country, Iceland. GemmaQ […] Read more ›
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Copenhagen-headquartered online platform Wikifactory raises $2.5M in pre-series A funding which means the company has raised $8 million in funding to date. The round saw participation from its existing shareholders alongside new investors including Seier Capital. the investment arm of Lars Seier Christensen. Danish startup offers a design platform fo developers to work collaboratively on […] Read more ›
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Finnish startup Helppy is founded to overcome the challenges of today’s elderly care. The business was built around the need for care service for a family member. and its first customer was the founder Richard Nordström’s mother. Helppy’s solution now raises 3 million euros from Nordic venture capital firm Alliance Venture to bring digitalized family-centered […] Read more ›
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Tallinn-based startup Werk gathers 1.3 million dollars in a pre-seed round for its hiring and relocation platform for construction specialists. Estonian VC firm Change Ventures led the round, which is one of the biggest pre-seed ever in European HR and construct-tech. Werk’s pre-seed round also saw participation from many angel investors Anthony Danon and Carmen Alfonso-Rico, Declan Kelly, Gonzalo […] Read more ›
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In sponsorship with Digital District. Comunitat Valenciana Digital District will receive in the coming weeks the startups that have been finalists in its open innovation (IO) challenges. They are part of the ambitious program with which it has been possible to attract entrepreneurial talent inside and outside our borders, in the sectors of tourism, the […] Read more ›
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Most popular sources
Business Insider
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24% 3 |
Tom's Hardware
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22% 16 |
The Verge
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16% 13 |
Gizmodo
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6% 16 |
Slashdot
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6% 0 |
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23.12.2025 09:21
Last update: 09:15 EDT.
News rating updated: 16:12.
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