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Nordic and Baltic Funding Rounds in January

During the first month of 2016, there has been in total 19 closed investment rounds in the region.

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Nordic investment scene lacked major deals in January, with two investments in Finland — Next Games and MariaDB — the only noticeable deals in the region, data from Funderbeam showed on Wednesday.

There were a total of 19 investment rounds unveiled in the region, but most were early rounds, with limited capital pouring into the startups.

Next Games raised $10 million from its existing investors to boost launch of its third game, and open source database firm MariaDB raised $9 million C round as part of its major revamp, which included also swapping its CEO and CTO.

These two deals were followed by Wrapp in Sweden raising $4.7 million and Peakon in Denmark rasing $4.3 million.

The funding data for our monthly wrap-ups is provided by Funderbeam.com – A platform for discovering, tracking and analyzing startups.

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Tarmo Virki
Tarmo Virki
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