Estonia’s Ignium wraps 1 mln financing round
Ignium, which is building a digital capital market for small and medium-sized companies, has reached its financing target and wrapping its two-platform campaig...
Tarmo Virki
Contract Mill raises €1 mln to tackle document automation
Finnish startup Contract Mill said it has raised over 1 million euros from Swiss investment company Actium AG, Veenay Shah, founder of HighQ, and other investo...
Sweden’s Strike Pharma raises 10 mln crowns
Uppsala-based Strike Pharma, which is developing a new efficient cancer treatment, has raised a round of close to 10 million Swedish crowns from Almi Invest an...
Oslo’s SNÖ Ventures launches new $100 mln fund; signs up Peter Thiel
SNÖ Ventures, a Norwegian venture capital firm, launched a new fund targeting $100 million to invest in early-stage, high-growth Nordic tech companies with the...
Norwegian space startup tops crowdfunding target ahead of time
Trondheim-headquartered Orbital Machines, an inventor of a standardized electric propellant pump for space launch vehicles, has reached its minimum 300,000 eur...
Estonia’s Xolo raises €3.2 mln to tap into solopreneurship boom
Tallinn-headquartered Xolo, an online platform for launching and running one-person businesses in Europe, said it has launched its localized service in Spain, ...
Swedish e-bike startup Vässla raises $11 mln to launch renting club
Swedish e-bike maker Vässla said it has raised $11 million to finance the launch of its Vässla Club rental platform for individual users, delivery drivers, and...
AR meets eyewear: Finland’s Pixieray emerges from stealth mode with $4.4 mln seed round
Pixieray, whose founders include some of the key members of VR startups Varjo, introduced its pioneering optical solution to eyeglasses and unveiled $4.4 milli...
Denmark’s Superb raises €12 million A round
Guest Experience Management platform for restaurants, Superb, raised €12 million in a Series A funding round for international expansion from a group of invest...
Bonusway makes acquisitions in Denmark, Netherlands
Finnish online rewards platform Bonusway said it has completed its acquisition of Danish market leader Eovendo and acquisition of Mijnkorting.nl in Netherlands...
Skand raises more than planned for expansion to three new markets
Finnish light electric vehicle designer Skand has raised €845,000 in an equity round using crowdfunding platform Invesdor after it raised its maximum funding t...
Sweden’s Suturion raises 14 mln crowns
Swedish health tech Suturion, which is developing a kind of post-surgery sewing machine, has raised 14 million crowns from private investors and Almi Invest fo...
Finnish telehealth platform Medixine raise 2.9 mln euros
Finnish telehealth provider Medixine said it has raised a €2.9 million round led by a crowdfunding campaign organized by Springvest as it seeks to expand in Br...
Finnish health tech Veri raises $4 mln seed round
Helsinki-based Veri said it has raised a $4 million pre-seed and seed round for expansion to the United States and for accelerating growth in Europe. The i...
Volvo buys majority of Norwegian marine battery firm ZEM
Volvo said its Volvo Penta unit has bought a majority stake in ZEM – a company with 12 years of market experience as a supplier of both marine battery systems ...
Latvian fintech Nordigen raises 2.1 mln euros
Latvia’s Nordigen said it has raised 2.1 million euros in funding from a set of new investors, aiming to burst the open banking hype bubble with a free API and...
Finnish eMobility software startup eMabler raises €630,000
Helsinki-based eMobility API platform eMabler has raised €630,000 from Sofokus Ventures, Nidoco AB, angel investors, and Business Finland to continue developin...
Finnish venture funds returns rise to 20% -study
Returns on investment at Finnish venture capital funds founded after 2009 have increased to 20% showed a study of Finnish state investment firm Tesi. In a simi...
Denmark’s Worksome raised $13 mln A round
Danish freelancer-hiring platform Worksome has raised $13 million A round to accelerate growth in the United States and elsewhere. Worksome allows companies...
Fiksuruoka.fi raises 19 mln euros
Finnish food waste online store Fiksuruoka.fi said it has raised a 19 million funding round led by Verdane to finance its growth in Finland and its internation...
Tarmo Virki
Tarmo combines drinks and stories like so many great authors ;) He's one of the founders of Lahhentagge Distillery on the island of Saaremaa in Estonia, and when he's not making drinks, he writes stories for ArcticStartup and other outlets. Tarmo is a die-hard Man United fan - so after a long drought, Tarmo is rather cheerful lately.