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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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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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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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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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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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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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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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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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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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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Copenhagen-based firm Unconventional Ventures takes a stand against the traditional investment landscape and announces its €30M fund to support underrepresented founders on their way to building scalable impact tech companies in the Nordics and beyond. Unconventional Ventures invests in startups in the pre-seed and seed stage led by diverse founders identifying as women, people of […] Read more ›
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Helsinki-born digital job search and recruitment services Duunitori is acquired by Intera Partners, private equity firm based in Finland. The platform modernizes job search and recruitment processes with the use of Internet technologies and social media. Having Intera as a main owner will help the company enhance its services and expand globally to make recruiting […] Read more ›
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Leading rounds at every stage and investing in many gifted founders across categories and geographies, Headline announces its closing $950 million to support young businesses via three region-specific funds which include North America, Europe, and Latin America. The firm works with independent teams assigned to different regions but driven by a mutual investment philosophy. CA-based […] Read more ›
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Leading rounds at every stage and investing in many gifted founders across categories and geographies, Headline announces its closing $943 million to support young businesses via three region-specific funds which include North America, Europe, and Latin America. The firm works with independent teams assigned to different regions but driven by a mutual investment philosophy. CA-based […] Read more ›
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Freshsound, headquartered in Stockholm, grabs €1.3 million in a pre-seed round which saw participation from Aligned Ventures, Kristina Tunkrans, Shiv Prakash, Marcus Konstantino, Gustav Nordlindh, Kim Fai Kok and Dara Gill. The startup company provides pre-cleared licensing services for music synchronization with the help of AI and human creativity. This capital will allow Freshsound further […] Read more ›
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Stockholm-based edtech startup Growloop collects 1 million euros in a seed round to upgrade workplace training. Developed in 2021 as a product from the company V3VO – Vertical Evolution AB backed by nine shareholders, Growloop is designed to function as training and leadership support for everyone in everyday life, regardless of existing knowledge or level […] Read more ›
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Copenhagen-based startup Onomondo raises $21M growth investment in a round led by Verdane, which also saw participation from its existing investors including Maersk Growth, People Ventures and The Danish Growth Fund. Onomondo provides seamless global cellular connectivity and innovative IoT tools to help new and existing IoT solutions grow. The funding will be used by […] Read more ›
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Copenhagen-headquartered startup Reel raises €2.3M in a pre-seed round led by UVC Partners, with the participation of The Footprint Firm and North-East Family Office along with a group of energy specialists and experienced founders. The climate impact start-up aims to democratize the energy market and accelerate the development of renewable energy on a global level. […] Read more ›
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Music beyond discussion is one of the best way to express thoughts, emotions and maybe to overcome or deal with a trauma and even overwhelming happiness which also applies to social media. We kind of benefit from both to surmount the challenges of life and come to the surface so we can take a breath […] Read more ›
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Stockholm-based teltech startup with cloud-based telecom solutions Telness Tech raises €8.5M in a Series A round led by Nordic VC firm Industrifonden with the participation of its existing investor Gothenburg-based family owned investment company JCE Group. Founded by Martina Klingvall in 2021 as a spunout of the Swedish telecom provider Telness, Telness Tech offers next-generation […] Read more ›
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Stockholm-based manufacturer of smart lithium batteries Polarium lately turned into a unicorn and now collects an addtional €16.5 million (MSEK 178) support from new three investors. Polarium provides energy storage solutions built on lithium-ion technology for the telecom, commercial, and industrial segments. Polarium’s headquarters and R&D center are situated in Sweden, with manufacturing in Mexico, […] Read more ›
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11.03.2026 11:44
Last update: 11:36 EDT.
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