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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Swedish shipping service provider Instabox raised 190 million dollars in a growth equity round led by Oslo-based investment firm Verdane with the participation of existing owners including Creades, EQT Ventures, Tham Special Investment AB, Nineyards, Tacito, and M2 Asset Management, and a number of new investors. The company’s name now appears on the Swedish unicorn […] Read more ›
0
Copenhagen-based secure digital platform Kara Connect has raised 6.3 million dollars from The Iðunn Enterprise Fund managed by Icelandic Kvika Asset Management. Danish startup’s online platform enables clinics and teams in the health and welfare sectors to help their clients. The capital will pave the way for the company’s growth across Europe. The Iðunn Enterprise […] Read more ›
16
Kópavogur-based Sidekick has raised 55 million dollars in a Series B funding round led by UK-based venture capital firm Novator Partners. Wellington Partners, Asabys Partners, and Frumtak Ventures participated the round as well. There was an additional investment from the USA and but the name was not revealed at this stage. The company’s platform offers a personalized […] Read more ›
6
Sweden’s women-led startup Hypertype has secured 1.15 million euros in a pre-seed funding round led by Luminar Ventures with the participation of many other investors including Singapore-based VC firm Antler, Sting from Sweden, and its investment arm Propel Capital. The round also attracted angel investors including Charlotte Söderhjelm, Fredrik Olsson, Peggy Poon, Siddharth Khullar, Marcus Böstrom, and […] Read more ›
0
Vilnius-based fintech company kevin. has raised 65 million dollars in a Series A funding round led by Accel. The round saw participation from Eurazeo and all its existing investors including OTB Ventures, Speedinvest, OpenOcean, and Global Paytech Ventures along with Founder of 20VC Harry Stebbings, CEO & Co-founder of Supercell Ilkka Paananen, Ex-CEO of Venmo […] Read more ›
0
Tallinn-based startup Reiterate has raised €1.25M in a round led by Hummingbird Ventures with the participation of many others including the co-founders of Showpad, and former Skype, Pipedrive, Stack Overflow, and Veriff executives. The company’s platform helps users build complex revenue models and visualize complex pricing agreements. The funding will help the startup company expand […] Read more ›
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Oslo-based startup Hemispherian has raised 1.4 million dollars in a seed round. The oversubscribed round was led by Meneldor, a biopharmaceutical investment company in the Netherlands. The innovative preclinical pharmaceutical company is planning to use the capital for drug development activities and also expand with its preclinical pipeline. Hemispherian raises seed funding for novel cancer […] Read more ›
3
Stockholm-based company Polarium has received around 100 million dollars (955MSEK) from Swedish pension company AMF. With the investment, Polarium reaches a $1B valuation and earns the unicorn status. Polarium provides energy storage solutions built on lithium-ion technology for the telecom, commercial, and industrial segments. Having AMF on board will accelarate the company’s growth. Polarium Welcomes […] Read more ›
11
Tallinn-based startup Vocal Image App gets first place among over 200 startups in a pitch competition named Fifty Founders Battle organized by TechChill, the largest tech event in Latvia. This victory brought a total of €160K investment to the Estonian startup. The jury welcomed 5 different projects at the TechChill stage. These include Terrawaste and […] Read more ›
28
Swedish manufacturer of 3D printers Wematter is acquired by UK-based orthopedic manufacturer Footlabs. The Linköping-based company’s 3D printing technology enables every customer to reach an orthotic solution that is right for them. The company has got its first customer in the UK. With this collaboration, Wematter has begun its conquest of the “orthotics” customer segment. […] Read more ›
8
Estonian resale e-store Upty acquires its Finnish competitor Rekki. Tallinn-based startup’s online platform enables users to purchase and sale of pre-owned clothing. As for the Tampere-based company, Rekki is an online service for buyers and sellers of branded clothes. This acquisition will speed things up for sustainable fashion with the help of eco-friendly resale. Upty […] Read more ›
27
Startup secondary market is something that was considered as a grey market, but in recent years has got more acceptance from the industry as this is a great way to offer founders, key employees, and early-stage investors a shortcut to liquidity. In the secondary market, private startup equity owners can sell their shares to third […] Read more ›
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Copenhagen-based B2B SaaS company Arkyn has raised 3.8 million euros in a seed round led by Trifork Labs, a Swiss software innovation company. The Danish startup’s iOS app suite enhances enterprise SAP-user experiences. With the recent capital boost, the company is planning to continue with its sales and marketing activities across Europe alongside developing its […] Read more ›
8
Riga-based robotic technology developer Aerones has raised 9 million dollars in a seed round led by Future Positive Capital with the participation of its existing investor Change Ventures, Skype founder Jaan Tallinn, Cofounder of Vinted Mantas Mikuckas, Printify CEO James Berdigans, Capitalia, Pace Ventures, and EcoSummit. The company delivers innovative robotic wind turbine blade inspections, […] Read more ›
21
Vilnius-based cloud-based transportation management software developer GoRamp announced that it has raised 1,5 million euros in a seed round. The Lithuanian solution to logistics digitalization caught the attention of many international venture capital funds and the community of business angels and founders including UPS, Shopify, and Infoscout. The capital will help the company expand its […] Read more ›
20
Tallinn-based startup Eurora has raised one of the largest Series A round in Estonia. The company closed 40 million dollars in the oversubscribed round led by Connected Capital, a venture capital firm that supports B2B SaaS companies to scale and grow. Seed stage-focused Baltic VC firm Change Ventures and pan-Baltic private equity investment management firm […] Read more ›
9
Oslo-headquartered story publishing platform Gobi Stories has raised over €700K (7MNOK) from Link VC, a Nordic venture capital firm that operates a series of early-stage funds. Gobi’s platform allows users to upload short videos and publish stories on their page within minutes. That helps clients increase engagement and average view time. With Link VC’s contribution, […] Read more ›
16
Oslo-based deep tech company sensiBel has raised 15 million euros in a Series A round led by German-based TRUMPF Venture with the participation of The European Council’s EIC Fund, Skagerak Capital from Kristiansand, Trondheim-based evergreen investment company Investinor, and SINTEF Venture IV. This capital injection will pave the way for the startup to ramp up production. […] Read more ›
23
Uppsala-based deep tech Peafowl Plasmonics has secured around 4 million euros (40MSEK) in a seed round led by Sweden’s early stage venture capital funds Industrifonden and Navigare Ventures. Peafowl Plasmonics brings new and sustainable energy solutions with fully transparent light-collecting cells, empowering low-power devices that benefit from self-powering such as indoor sensors, e-paper displays, and […] Read more ›
3
Tallinn-based digital software platform DriveX has raised 1 million dollars in a round led by DEPO Ventures with the participation of Plug and Play Ventures. The company offers a web-based app to digitize vehicle inspection processes thanks to AI-powered vehicle verification with damage detection. The funding will help the startup boost its growth across Europe […] Read more ›
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Most popular sources
Business Insider
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27% 10 |
Tom's Hardware
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20% 11 |
The Verge
|
14% 9 |
Slashdot
|
7% 3 |
Gizmodo
|
7% 17 |
| View sources » | |
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23.12.2025 06:59
Last update: 06:50 EDT.
News rating updated: 13:51.
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