Delphinus Venture Capital, an Aarhus-based evergreen investment fund, has raised €80 million to finance research-driven startups in East and Central Jutland. Established by the Aarhus University Research Foundation, HEARTLAND, Norlys, and Salling Group, the fund will invest from pre-seed through scale-up stages, with a focus on companies emerging from academic and research environments. Newly appointed […] Read more ›
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Saga Robotics has entered into a three-way data partnership with Bitwise Agronomy and Chambers Farm, aimed at integrating robotics, AI, and commercial farming practices in the UK’s strawberry sector. Saga’s Thorvald robots, already used for UV-C treatment on a significant share of the country’s tabletop strawberries, will now also collect detailed plant imagery twice weekly […] Read more ›
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VentriJect, a Copenhagen-based medical technology company, has raised €1.7 million in a funding round involving existing and new investors, including the Export and Investment Fund of Denmark (EIFO), TechStation | HardTech Innovation Hub, Investo Capital, and private investor Carsten Stendevad. The company develops the Seismofit device, which uses seismocardiography to estimate VO₂ max without exercise. […] Read more ›
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Gorilla Capital Fund III has invested in Remos Space Systems AB, marking its 32nd portfolio addition. Remos develops advanced ground systems that simplify satellite communications for small satellite operators, including modems, Earth-based ground stations, and mission control software. The company enables fast, secure, and cost-efficient satellite data management. The new funding, structured as a secondary […] Read more ›
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Ulobby, a Copenhagen-based provider of software for Public Affairs teams, has appointed Sosun S. Breitenbach as its new chief executive officer, effective July 1. Breitenbach brings more than a decade of experience in the SaaS sector, combining expertise in public relations, public affairs, and business development. Her career has focused on bridging the gap between […] Read more ›
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Riva Money, a Helsingborg-based fintech, has raised $3 million in pre-seed funding to develop a cross-border payments platform that uses both blockchain and traditional payment infrastructure. The round was led by Project A and joined by angel investors from Revolut, Ebury, Monzo Bank, and J.P. Morgan. Founded by former Revolut and Wise employees, Riva aims […] Read more ›
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Kaunas-based startup GREÏ has raised €650,000 in a pre-seed funding round led by Baltic venture capital firm FIRSTPICK. The company develops an AI-driven platform that integrates with existing cameras and sensors at large physical sites—such as warehouses and factories—to provide real-time monitoring of operations, identify risks, and highlight inefficiencies. The new funding will support further […] Read more ›
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VILOX, the Helsingborg-based technology firm redefining how furniture and flooring are assembled, has secured a strategic funding round anchored by IKEA veteran Anders Moberg and Bergendahl & Son CEO Lars Ljungälv. The investor group also includes seasoned Nordic business leaders Lars Kongstad, Stefan Lundgren, and Daniel Koch, bringing deep expertise in industrial growth, capital markets, […] Read more ›
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Aira, a Stockholm-based clean energy technology company, has raised €150 million in equity financing from existing investors Altor Equity Partners, Kallskär, Kinnevik, Lingotto, and Temasek. Founded in 2023, the company develops and installs air-source heat pumps aimed at replacing gas boilers in residential properties. It currently operates in Germany, Italy, and the UK, employing around […] Read more ›
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Axiomatics, a Stockholm-based company known for its attribute-based access control (ABAC) solutions, has agreed to be acquired by Leonardo, the Italian aerospace and defense firm. The deal positions Axiomatics within a broader cybersecurity portfolio focused on Zero Trust architectures, aligning with increased demand for dynamic and fine-grained access control in high-security environments. Axiomatics’ technology—used by […] Read more ›
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Cellbox Labs, a Riga-based biotechnology company, has secured €3.3 million in non-dilutive funding to further develop its organ-on-chip technologies. The funding—partly provided through the EU’s IPCEI Tech4Cure initiative—will support several projects, including the validation of a scalable, patient-specific gut-on-chip system in collaboration with Altis Biosystems, integration of real-time O₂ and pH sensors, benchmarking biosimilar GLP-1 […] Read more ›
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Stockholm-based startup Flox has raised nearly $1 million in an oversubscribed seed round led by Unconventional Ventures, with participation from Norrsken Accelerate and existing investors including Almi Invest, E14 Invest, and Argand Partners. The company has developed an AI-powered device called Edge, which uses adaptive bioacoustics to communicate with wildlife in real time. Designed for […] Read more ›
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SNIPR BIOME, a clinical-stage biotech company based in Copenhagen, has raised €35 million in Series B funding to support the development of its CRISPR-based therapies targeting bacterial infections and antimicrobial resistance. The round includes new investments from the Cystic Fibrosis Foundation and Germany’s SPRIN-D, alongside returning investors Lundbeckfonden BioCapital, North-East Family Office, and Wellington Partners. […] Read more ›
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Rebelvolt, a Finnish startup redefining off-grid energy with its battery-based e-Generator, has secured funding from Gorilla Capital Fund III in its 31st investment, joined by JMS Consulting Oy, UAV OÜ, and Meri Heikkinen. Designed as a clean, silent, and maintenance-free alternative to diesel generators, Rebelvolt’s solution targets military, construction, event, and logistics sectors seeking sustainable […] Read more ›
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Ukrainian-Estonian defensetech startup Teletactica has raised $1.5 million in strategic funding from MITS Capital and Green Flag Ventures to accelerate the deployment of its jamming-resistant communications systems across Europe. Teletactica develops rugged, modular hardware—optimized for UAVs and GPS-denied environments—that enables encrypted, low-latency communications under heavy electronic warfare. Already deployed on the Ukrainian frontlines, the company […] Read more ›
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Tallinn-based Bisly has raised €4.3 million to extend its AI-powered building automation technology across Central and Western Europe. The round was led by 2C Ventures, with participation from Aconterra, Pinorena, Foxway founders, and Estonia’s state-backed investor SmartCap through its Green Fund. Bisly develops a combined hardware-software system for managing energy use in residential and commercial […] Read more ›
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Tallinn-based renewable energy company Sunly has secured €84.8 million in loans from the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and SEB to develop four solar parks across Latvia. The firm plans to add 329 megawatts (MW) of solar capacity by 2027, supplying electricity to up to 180,000 households. The […] Read more ›
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QuNorth has been formed to improve access to advanced quantum computing infrastructure in the Nordic region. With €80 million in funding from EIFO and the Novo Nordisk Foundation, the organization will acquire and operate a Level 2 quantum computer—relying on logical qubits for more stable and scalable computation. Developed in collaboration with Atom Computing and […] Read more ›
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BrachyDOSE, a Kaunas-based healthtech startup developing a radiotherapy dose measurement tool, has raised €554,000 in seed funding. The round was led by Coinvest Capital, joined by BSV Ventures and angel investor networks LitBAN and EstBAN. The company is building a combined hardware and software solution designed to provide real-time radiation dose data during brachytherapy procedures, […] Read more ›
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CeLLife Technologies, a Tampere-based startup developing quality assurance technology for battery manufacturing, has secured new funding following its selection among the Top 10 winners of the European Startup Prize for Mobility. The round includes backing from Nordic Alpha Partners and EIT InnoEnergy, with support aimed at scaling CeLLife’s analytics platform, which identifies defective cells during […] Read more ›
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Riga-based biometric fintech Handwave has secured $4.2 million in seed funding to bring its palm-based payment and identity verification platform to market in Europe and the US. The round was led by Practica Capital, with participation from FirstPick, Outlast Fund, and Inovo.vc. Handwave’s proprietary technology enables users to pay, prove their age, and activate loyalty […] Read more ›
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Mikkeli-based deeptech startup Geyser Batteries has been selected for the European Innovation Council (EIC) Accelerator funding—a highly competitive EU programme backing high-impact innovations with scale-up potential. The funding, which includes both grant and equity components, will support Geyser’s next phase of growth: completing product development, launching a pilot production line, and conducting large-scale trials in […] Read more ›
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Stockholm-based Tzafon has raised €8.3 million in a record-breaking pre-Seed round to ramp up its compute power, refine its autonomous agent tech, and roll out Lightcone—an AI agent built to act across any digital platform on your behalf. The round was led by HV Capital, with backing from Streamlined VC, Kakao VC, Oliver Jung, and […] Read more ›
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Stargate Hydrogen has received a strategic investment from Repsol’s Corporate Venture arm, which acquired a minority stake in the Tallinn-based company. The funding will support the scale-up of Stargate’s production capabilities—currently at 140 MW per year—and accelerate its R&D activities. The alliance also aligns with the company’s international expansion plans across key regions including Europe, […] Read more ›
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13.08.2025 19:38
Last update: 19:21 EDT.
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