The Latvian Business Angel Network (LatBAN) has invested €500,000 as a syndicate into two venture capital funds—Buildit VC and Outlast Fund—both supported by state-backed ALTUM. The move reflects a growing trend toward closer collaboration between angel investors and institutional capital in Latvia. Rather than directly backing startups, LatBAN members are opting to support fund structures […] Read more ›
20
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 ›
1
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 ›
0
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 ›
6
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
11
The Latvian Business Angel Network (LatBAN) has invested €500,000 as a syndicate into two venture capital funds—Buildit VC and Outlast Fund—both supported by state-backed ALTUM. The move reflects a growing trend toward closer collaboration between angel investors and institutional capital in Latvia. Rather than directly backing startups, LatBAN members are opting to support fund structures […] Read more ›
20
Quartr, a Stockholm-based platform focused on qualitative public market research, has raised $10 million in funding from existing backers Altos Ventures, Yanno Capital, and Öhman. The company provides structured access to first-party information such as earnings calls, investor presentations, and transcripts through its API, desktop platform, and mobile app. The new capital will support global […] Read more ›
2
Vilnius-based biotech startup Psylink has secured €501,521 in pre-seed funding in a round led by Coinvest Capital, with participation from Firstpick, BSV Ventures, and a group of angel investors. The company is building a biotechnology platform focused on the sustainable production of plant- and fungi-derived compounds, with the goal of identifying and evaluating new molecular […] Read more ›
0
BlackWood Ventures, a venture capital firm based in Copenhagen, has announced the final close of its debut fund at $25 million. Focused on backing high-potential fintech, cleantech, and Web3 founders across Europe, the fund is supported by a wide range of investors including private Nordic investors, exited entrepreneurs, and family offices. Fund I remains open […] Read more ›
0
Kongsberg Ferrotech has raised €12 million in seed funding, led by the NATO Innovation Fund and Norway’s state-owned Investinor. The company develops autonomous underwater robotics for inspection and repair of subsea infrastructure, offering an alternative to traditional drydocking and diver-based methods. The system, which creates a localized dry environment around damaged areas, is already in […] Read more ›
0
Stavanger-based Remora Robotics has raised €13.7 million (NOK 164 million) in a funding round led by Hatch Blue’s Blue Revolution Fund, with continued backing from existing investors, including Grieg Kapital. The Norway-based company develops autonomous robots that clean aquaculture nets and use AI to monitor net integrity and fish welfare. The system is designed to […] Read more ›
0
Donut Lab, a Helsinki-based e-mobility technology company, has raised €25 million in seed funding to support the growth of its modular electric vehicle platform. The investment round includes notable participation from Risto Siilasmaa, former chairman of Nokia, who also joins the company’s board. Donut Lab develops a comprehensive platform of inter-compatible components—such as in-wheel motors, […] Read more ›
0
Hamina Wireless has raised a seed funding round led by Nordic early-stage investor Inventure, with Superhero Capital and First Fellow joining as co-investors. The company develops software tools for designing wireless networks, including support for Wi-Fi 6E and CBRS. The platform also features automation capabilities for switch planning, cabling, and infrastructure components such as IDFs […] Read more ›
1
Tallinn-based biotechnology company ÄIO has been awarded €1 million in public funding through the Estonian Business and Innovation Agency’s Applied Research Programme (RUP). The grant will support a three-year research project focused on developing microbial fermentation-derived lipids for use in cosmetics. ÄIO converts agricultural and wood industry by-products into fats and oils using yeast fermentation. […] Read more ›
0
Oulu-based materials company Brightplus has secured €2 million in funding to advance the industrial scaling of its recyclable, bio-based textile coatings. The round was led by impact-focused investor Collateral Good and supported by Butterfly Ventures and other future-driven partners E.A.T. Holdings, FF-Future/Finnfoam AB, Nordic Option Oy, and FutureLab X. Brightplus develops coatings using its proprietary […] Read more ›
1
Most popular sources
Business Insider
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27% 15 |
Gizmodo
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12% 11 |
Ars Technica
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8% 7 |
Android Authority
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8% 5 |
Vox
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6% 4 |
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07.08.2025 22:21
Last update: 22:06 EDT.
News rating updated: 05:10.
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