Danish AI startup Abzu raises 5.8 million euros seed round
Denmark-based AI startup Abzu has announced a 5.8 million euro seed round led by Danish Seed Capital, Inventure, and PreSeed Ventures after Abzu has seen incre...
Funding
Estonia’s Veriff raises $69 million B round from IVP, Accel
Estonia's Veriff, a global identity verification provider, said that it has secured $69 million in Series B financing in a round led by investment firms IVP an...
Estonian Instagram influencer marketplace Promoty raises 1.2 mln euros
Promoty, a marketplace connecting Instagram influencers to retail brands, has raised 1.2 million euros through Funderbeam to strengthen its position in the new ...
Estonia’s Bolt raised 20 mln euros for Africa, East Europe growth
Estonian unicorn Bolt, which offers ride-hailing and other logistics services, said IFC, a member of the World Bank Group, would invest 20 million euros in it a...
Estonian manufacturing software maker Katana raises $11 million round led by Atomico
Tallinn-based Katana has raised $11 million A round to grow the team and improve its manufacturing enterprise resource planning (ERP) platform.
The software of...
Top Estonian founders back nuclear power ‘startup’
Founders of Bolt and Pipedrive are among investors who have signed up to invest in 2.5 million euros Series A round of Estonian nuclear power firm Fermi Energia...
CoinMetro raises 2.5 mln euros through bond sale
Tallinn-based CoinMetro, which aims to bridge the gap between traditional finance and blockchain technology with its own financial ecosystem, has raised 2.5 mil...
Finland’s M-Files raises $80 million, eyes on US growth
M-Files, Finnish intelligent information management company, has raised $80 million (€67 million) in an investment round led by European growt...
Lithuania’s Biomatter Designs raises €500k to develop AI for Generative Protein Design
Vilnius-born startup Biomatter Designs has raised €500,000 in seed funding to further develop the company's protein design technology and product pipeline. B...
Finland’s IPRally raises 2 million euros to fuel growth
Finnish startup IPRally, which is building AI-based patent analytics and search engine software, unveiled a 2-million-euro seed investment round, seeking to ac...
Estonian renting platform Rendin raises 1.2 mln euros seed round
Rendin, whose on the mission to make long-term property rental fairer and safer for both owners and renters, has raised 1.2-million euros for expanding its core...
Estonian packaging materials firm Woola raises 450,000 euros
Woola, a startup producing postal packaging of leftover sheep wool, has raised 450,000 euros from investors including cofounders of Bolt and Pipedrive to scale ...
PromoRepublic raises $1.5 million for distributed marketing platform
Marketing SaaS firm PromoRepublic said it has raised $1.5 million from investors to tap into the emerging market of distributed marketing software. According...
In 2020 Helsinki lost Finland’s top spot in VC funding
This year Helsinki lost its spot as the No 1 town for venture funding in Finland as its neighbouring Espoo bypassed it thanks to major funding rounds of HMD, Ic...
How Startups Can Secure External Funding During A Global Pandemic
Startups are facing difficult challenges in obtaining funding in the face of the current pandemic and the global economic slowdown. Although this dearth of fund...
Virtual customer service agent Ultimate.AI raises $20 mln Series A
Ultimate.ai said it has raised $20M in Series A funding to build the world’s leading virtual customer service agent from OMERS Ventures, Felicis Ventures, HV Ca...
Swedish Northzone Announces New $500 Million Fund
Northzone, Swedish VC fund whose previous investments include Spotify, Klarna, iZettle or Kahoot just announced their new $500 million fund, Northzone IX. The ...
These Early-Stage Startups From The Nordics And Baltics Are Now Looking For Funding
The road to getting funded is a rocky one. You polish your pitch deck, you try to reach out to relevant investors and go to all the events in the hope of getti...
Sustainable Textile Fibre Technology Receives €11 Million Investment For Commercial Scaling
Finnish sustainable deeptech company Spinnova aims to revolutionize the raw material base of the textile industry with its cellulose-based fibre products in co...
Niklas Zennström Explains The Importance Of Diversity, Funding And Entrepreneurship
Jan Ameri sat down with Atomico founding Partner and CEO and Skype co-founder Niklas Zennström at Arctic15 to discuss the tech ecosystem in the European, Nordic...