Estonian venture capital firm Trind VC has closed a €55 million second fund to invest in 30–40 promising consumer and SME-focused startups in Europe. The fund is backed by institutional investors such as European Investment Fund, Finnish Industry Investment (Suomen Teollisuussijoitus), LHV Pension Funds, and Swedbank Investment Funds. With a team of experienced ex-founders and […] Read more ›
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Stockholm-based SaaS B2B platform BoardClic gets €1.2 million in another seed round which brings its total funding up to €3.6M. With the capital, the Swedish startup will invest in its sales team and its expansion across Europe, mainly the UK. This second round was oversubscribed and led by Subvenio, Curitas Ventures, and Brofund Equity. Founded […] Read more ›
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Olso-based startup Presail has collected $3.8 million in an oversubscribed seed round led by SNÖ Ventures and joned by Kraken Ventures, the venture arm of one of the largest crypto exchanges worldwide, Skyfall Ventures, and Weekend Fund led by Ryan Hoover, founder of Product Hunt. It also is backed by prominent, strategic angel investors, including […] Read more ›
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Stockholm-based mobile-friendly gaming platform Sceneri has raised $1.5 million i a seed round from SNÖ Ventures. to encourage new-gen of creators whose imagination is higher than their code knowledge to come up with new games. The startup’s app is still in private beta but it will open up for users on the waiting list. The […] Read more ›
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Sweden’s two last mile delivery companies Instabox and Budbee will continue their journey together as a new holding company, Instabee. The two were getting closer to being claimed as a unicorn after the funding they received earlier this year. Now with this merger, they will strengthen their position in the e-commerce sector and will be […] Read more ›
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We’ve reached another milestone in ArcticStartup history. Exactly 15 years ago today, we published our first news “Aito Technologies secures financing from Conor Venture Partners” on September 20, 2007. Our baby steps became more firmly grounded day by day. We still have a long way to go like a 15-year-old teenager, but we have already […] Read more ›
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Tallinn-based newborn Arbonics raised €1.8 million in a pre-seed round from Taavet Hinrikus (co-founder of Wise) with Plural. The new climate tech is building the new forest economy to help landowners grow and manage more planet-friendly forests. Plural and Taavet Hinkiruss contributions will allow the startup to enhance the platform. Founded in 2022 by Kristjan […] Read more ›
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Reykjavik-based Abler has collected €3.7 million in a post-seed funding round. Abler is a sports management technology company and creator of Sportabler, a team management and calendar application that simplifies all communication, planning, and organisation. Abler simplifies the complexities of sports participation by digitising and greatly increasing efficiency in the management and facilitation of organised […] Read more ›
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Espoo-based startup ElFys just closed a new €3M round led by Samsung Venture Investment Corporation (SVIC), together with its earlier round’s lead Voima Ventures. With the contribution of the other earlier shareholders including the founders of Oura Health, the company behind the Oura Ring, the startup has received a total investment of €6 million. EIFys […] Read more ›
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Copenhagen-based subscription service for podcasts and audiobooks Podimo has raised another €58.6 million in an up round of funding led by 83North, Highland Europe, and Saban Ventures. The round also saw participation from existing investors Chr. Augustinus Fabrikker, Heartcore and Headline. The funding will go towards market expansion, content, and enhanced investments in tech and […] Read more ›
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Riga-based startup LANDE has raised €550K in a pre-seed round led by LATBAN, with the participation of BADideas.fund and additional investment coming from a Seedrs campaign. LANDE is a crowdfunding platform focused on financing the agricultural sector. The funding will open gates to Romania for the Latvian startup to support its highly active agricultural sector, […] Read more ›
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Vilnius-based AI technology startup Eddy Travels is acquired by New York-based ancillary travel product marketplace TripAdd, part of the Blue Ribbon Bags group. With this acquisition, the two will join forces to contribute to the development of the marketplace and expand engineering and sales teams in Vilnius, Lithuania. The B2B chatbot services will be still […] Read more ›
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Northzone has announced that the firm will invest €1bn in the next-gen innovative futurebuilders in many stages from seed to IPO. This is the largest fundraise of the company so far. They will continue to invest in existing verticals such as fintech, healthtech, SaaS, and consumer. Yet, most of the capital will feed the businesses […] Read more ›
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Aarhus-headquartered endurance training platform Kollektiv has raised €1.5 million in a pre-seed round led by Ugly Duckling Ventures and Vækstfonden with the participation of notable angel investors including Kerstin Mogull (Former MD of Tate Group in the UK and former COO of BBC Future Media). The startup establishes a web3 ecosystem that offers athletes the […] Read more ›
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Tallinn-based startup Bidrento collects €800K in a follow-up funding round from all existing investors including Timo Rein, the co-founder and former CEO of Pipedrive, Peep Vain, the first investor of Pipedrive. The round also attracted new investors including several people from Bolt and investors from Switzerland and the real estate sector. The startup provides all-in-one […] 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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15.06.2026 10:57
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