Of course you’ve heard of Nokia – and you know about Rovio and Supercell too. But have you heard of Finnish fintech? After phones and gaming it might just be the next big thing to come out of the land of a thousand lakes. Our guest blogger, John Hill from Zervant wants to tell why […]
From 14 funding rounds closed this month in the region – 13 are from the Nordics and one is from the Baltic states. Our funding statistics are provided by Funderbeam that discovers, tracks, and analyzes on startups. In our newsletter, we’re sharing with you weekly stats of funding rounds in the Nordic and Baltic region. […]
Lithuanian startup investor Practica Capital has made 5 investments in 5 radically different industries this year. Does it make sense? We decided to ask directly. Donatas Keras, the partner responsible for early-stage investments at Practica Capital, comments on the peculiar mix: These radically different startups have the most important thing in common: a potential for […]
Fishbrain, the mobile social network for fish… wait no, anglers, announces today it has raised a whopping $8 million round led by Northzone with Tokyo-based Recruit Strategic Partners No.6, LLC and New York-based Novel TMT Ventures as new investors, as well as existing investors Industrifonden, Active Venture Partners, GP Bullhound, and Edastra Venture Capital. That […]
Just-Eat, the Denmark originated company opertaing online takeaway sites has announced a $64 million (€48 million) C-round investment led by Vitruvian Partners. Former Just-Eat investors Index Partners, Greylock Partners and Redpoint Ventures also took part in the round. We’ve interviewed Just-Eat CEO Klaus Nyengaard on Unfair Advantage as well as covered the company before on […]
A little over two and a half years ago, Finland saw a rise to a new kind of an accelerator program that would help early stage companies get further, faster. Back when it was first announced, the program was initially planned to be six years in length to be run in two three year cycles. […]
Fundedbyme, the Swedish Crowdfunding startup, has made a partnership with Internetfonden (the internet fund) to support and strengthen internet related projects through crowdfunding. Internetfonden gets its money through the surplus income generated from .se domain-name registrations, and its charter requires it to finance projects that promote the development of the internet in Sweden.
Tekes offers a wide variety of financing vehicles fitted to meet the needs of different types of companies in different points of their life cycles. Even going outside the startup sphere, Tekes supports organizations like heavy industry as well as academic and research initiatives. But for most of our readers, there are a few plans […]
Bloomberg has a story on Rovio, the makers of Angry Birds, that they’d be looking for financing at $1.2B valuation. Bloomberg refers to two people familiar with the matter, but does not disclose who they are. What makes this financing talk a little more interesting (not that it would need to be at such valuation) […]
Unity Technologies, a Copenhagen originated startup now based in Silicon Valley, has closed a $12 million in financing from WestSummit Capital in China and iGlobe Partners in Singapore, according to Techcrunch. The financing round is Unity’s second and an investor from the first round, Sequoia Capital, also participated in the round.