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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Stockholm-based startup Planhat has collected 50 million dollars in Series A funding round. The company’s platform enables companies to manage long-term relationships with their customers. The funding round was led by UK-based VC&PE firm Sprints Capital. The capital will help the company support growth in all its facets. The startup will enlarge its commercial teams […] Read more ›
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In the spirit of the Arctic15 conference taking place in Helsinki in June, our team is throwing a BBQ Balooza beforehand! So come on out and join us on April 29th from 4-7 p.m.! It’s sure to be a day you won’t forget. We hope to see you there! Arctic15 BBQ Balooza 2022 The Arctic15 […] Read more ›
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Oslo-based startup Dr.Dropin has raised 19 million euros from German venture capital firms SHS Capital and yabeo. The round also saw participation from its existing investors Andenes Ventures and Stenshagen Invest. The Norwegian provider of healthcare services enables short-term medical consultation and treatment – in person on site as well as digitally via app. The […] Read more ›
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Finnish Venture Capital Association has conducted research on venture capital market progress and startup funding in 2021 and the results are refreshing. According to the research, Finnish startups are experiencing another record in history. In 2021, they raised a total of 1.2 billion euros which is the highest yearly amount so far. Apparently, foreign investors […] Read more ›
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Backed by the Nordic seed-fund Maki.vc, the Finland-based startup Aisti raised 1.6 million euros in a funding round. The company creates natural and ecologically sustainable solutions that meet the needs of modern construction. The round saw participation from a group of investors assembled by Valve Ventures. Pirkka Palomäki and Eerik Paasikivi are joining the board. Finnish […] Read more ›
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Norwegian startup that builds and operates industrial drone infrastructure, Sevendof is acquired by KVS Terratec, the developer of a document software for email archiving. The startup’s long-range drone technology is capable of carrying out missions automatically. With this acquisition, the company will be able to handle problems that range from drone-based data acquisition to the […] Read more ›
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A number of startups from Europe have recently embarked on a 6-month-long journey as part of the X-Europe Acceleration Programme. The programme is funded by the European Union. It provides training, mentorship, and investment for startups to help them develop their business and product ideas with a focus on scaling them up for international markets. […] Read more ›
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Oslo-based company Outshifter has raised 1.2 million euros. Maki.vc, Skyfall Ventures, Klein Group and Amazon alumni Dr. Caspar Schauseil show their interest in the company. With its API solution, the company functions as a bridge between the supplier’s commerce systems and sales channels. They are targeting to provide services for more eCommerce platforms. New player […] Read more ›
3
Estonian startup UP Catalyst has closed a pre-seed round of €500k. The round was led by Sunly with the participation of Scottish Baltic Invest, Little Green Fund and UniTartu Ventures. The startup produces sustainable carbon nanomaterials and graphite for the green energy storage industry. With the latest capital, the company reached a total funding of […] Read more ›
0
Helsinki-based cloud-native integration service provider for IT and technology services ONEiO has raised 7.2 million euros in a new funding round led by Fairpoint Capital and joined by previous investors Inventure and Tesi. The startup’s platform enables corporate organizations to enhance and manage their service processes and applications end-to-end. The company will use the capital […] Read more ›
3
Finland’s women-led VC firm Voima Ventures is expanding in the Nordics.  Investment Director Jenny Engerfelt and a senior Venture Advisor Malin Carlstrom will be covering the firm’s investment operations in Sweden. The Helsinki-based firm is aiming to support more seed-stage startups to fill the gap stemming from the big interest to later stages and mega […] Read more ›
5
Latvia-based ecommerce platform Sell.xyz has raised €1.5M pre-seed in the round led by Aigars Kesenfelds. The platform is a global marketplace that connects merchants and creators with dropshipping and wholesale suppliers. With the capital, Riga-based company will use the capital to reach more lands with its cosmetics and supplements lines. Additionally, it will be able […] Read more ›
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Swedish food tech Cerve has raised 2 million dollars in a seed round led by Norwegian VC fund Orkla Ventures, with the participation of Norwegian private pension fund MP Pensjon and nFront Ventures. The company’s platform builds the infrastructure to automate procurement for the foodservice industry. The funding will help the company enlarge its team […] Read more ›
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Tallinn-based EU-regulated crypto payment provider Swapin raised €1.68M seed for its crypto-to-fiat solution. The round was backed by several world-renowned investors and they have also joined the company as advisors, including Taavi Kotka, Ivo Mägi, Kristjan Novitski, and Dmitrij Pruglo. Founded in 2017, the Estonian company tries to build a bridge to cover the gap […] Read more ›
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Helsinki-based startup Valpas has raised 1.6 million euros for its bed bug solution. The eco-friendly product works with a system that captures bugs without using any pesticides or creating waste. The seed funding round was led by TESI, ActivumSG Ventures, and Realty Corporation with the participation of existing investors Maki.vc, Icebreaker.vc and Reaktor Ventures. The […] Read more ›
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In a seed funding round, Denmark-founded and Canada-based online marketplace Boxhub raised 2.7 million dollars. The round was backed by Niklas Östberg, Conrad Whelan, David Helgason, Esther Dyson, Charlie Songhurst, Aakrit Vaish, Michael Pomerleau, Samuel Fuentes, and venture capital firm Innoport. The company’s latest funding round will benefit its expansion in the US and accelerate […] Read more ›
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coherence, a Malmö-based startup, has raised a further 8 million dollars in funding. The company provides a user-friendly and open platform that offers full-featured tools and plugin for developers to run and test their games. The funding round was led by Griffin Gaming Partners, with participation of many other investors. The company will use the […] Read more ›
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According to Invest Lithuania Fintech Report, 2021 was a great success for Lithuania-based fintechs. They take the first place with a total of 147 licensed fintech after France and Germany. The Fintech Landscape in Lithuania 2021-2022 report points out the record growth of the Lithuanian fintech sector in 2021. This growth has also led to […] Read more ›
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Finland’s Startup Nordic Mobile Trust has announced its partnership with Marubeni Cooperation, one of Japan’s largest retailers. Last year, Business Finland granted a loan to the company which led them to this partnership. To enhance the C2C market for second hand-devices in Japan, Marubeni has invested in Espoo-based startup’s eco-friendly platform which allows consumers to […] Read more ›
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Most popular sources
Business Insider
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29% 7 |
The Verge
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18% 15 |
Gizmodo
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9% 8 |
Tom's Hardware
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8% 19 |
Slashdot
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6% 0 |
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23.12.2025 11:00
Last update: 10:56 EDT.
News rating updated: 17:50.
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