Periods count from when the news broke.
Launch · SE · 24 Sep · —
Neko Health opens its first U.S. office in Manhattan's Soho district, with over 25,000 people on the waiting list.
Launch · FI · 24 Sep · —
Remedy Entertainment announced the release date for their upcoming game Control Resonant, set to launch on September 24, 2026.
Funding · DK · 08 Sep · EUR 1.3M
BioInnovation Institute has awarded additional convertible loans of €1.3 million each to six of its portfolio companies.
Hire · NO · 08 Sep · —
Adrian Søbyskogen has been hired as the Marketing Lead at Convier, a startup focused on solutions for combating money laundering.
Launch · SE · 08 Sep · —
Musselfeed is planning a larger launch of a new mussel powder for cooking, following successful tests.
Launch · NO · 08 Sep · —
Vipps has launched an AI assistant in its app to help users find and compare products before making purchases.
Funding · NO · 08 Sep · EUR 186K
Saro Robotics has received two million NOK in funding from various sources including Aneo and Innovation Norway.
Hire · SE · 08 Sep · —
Mathias Sjögren has been appointed as the new CEO of Musselfeed, taking over from interim CEO Olivia Westerström.
Hire · EE · 08 Sep · —
Tallink has appointed Armin Penner as its new CFO, replacing the current financial director who is leaving for Viru Keemia Grupp.
Funding · FI · 08 Sep · —
Lignosphere aims to commercialize the utilization of lignin with the help of Kiillo's investment company.
Launch · LT · 08 Sep · —
Kongsberg NanoAvionics presented the largest and heaviest microsatellite system they have developed.
Launch · SE · 08 Sep · —
Paebbl has developed a material that can replace 20-50 percent of cement used in concrete production, which is already being utilized in bridge construction.
Exit · EE · 08 Sep · EUR 250K
Punktid Technologies is exiting the First North alternative market after spending 250,000 euros.
Funding · SE · 08 Sep · EUR 1.1M
Musselfeed has received just over 12 million SEK in capital over the past year to avert bankruptcy.
Funding · FI · 07 Sep · EUR 2.0M
Finda made a two million investment.
Exit · LT · 07 Sep · —
Surfshark Holding BV has acquired a controlling stake in the U.S. personal data removal company Optery.
Launch · LT · 07 Sep · —
Teltonika is expanding its 'High-Tech Hill' park in Vilnius with a new plot of land for research and development activities, including a planned office complex and research laboratory center.
Hire · SE · 07 Sep · —
Steven Prast has recently become the Chief Operating Officer of the Swedish battery company Holyvolt.
Launch · FI · 07 Sep · EUR 3.0M
SSH Communications Security signed an agreement with a large bank to implement Zero Trust architecture, valued at nearly three million euros over three years.
Funding · DK · 07 Sep · —
Danish scaleup Integrator receives investment from Keystones to accelerate growth and internationalization.
Funding · SE · 07 Sep · EUR 3.7M
Fluencify has raised an oversubscribed $4.3M pre-seed round to automate creator marketing.
Hire · DK · 07 Sep · —
Bo Rising will implement Sinal's IT security strategy to provide concrete protection for more than one million addresses.
Hire · SE · 07 Sep · —
Virpi Holmqvist will become the CEO of Attendo, a large Swedish care group, starting September 14, 2026.
Exit · LT · 07 Sep · —
Surfshark has acquired the U.S. technology company Optery for an undisclosed amount.
Launch · LT · 07 Sep · EUR 5.0M
InRento entered the Finnish market with its first project, Noa Villas, which attracted 5 million euros, marking a significant expansion for the platform.
Exit · FI · 07 Sep · —
Norwegian marine technology company Kongsberg Maritime ASA has acquired Finnish propeller manufacturer Steerprop, which specializes in rudder propellers for icebreakers and other vessels. The acquisition aims to accelerate Steerprop's growth by integrating it into Kongsberg's operations.
Launch · NO · 07 Sep · —
DNV has invested in Wind AI, integrating its software into Wind AI's platform to create a combined solution that enhances revenue generation for DNV and adds value for Wind AI's customers.
Launch · FI · 07 Sep · —
ICEYE has partnered with Sompo Japan Insurance to deploy its Flood Insights solution for faster flood claims processing.
Launch · FI · 05 Sep · —
Steerprop will supply propeller systems and bow thrusters for four new Arctic Security Cutter icebreakers being built for the United States Coast Guard.
Launch · FI · 05 Sep · —
Volare has launched a new factory in Pori that produces protein from industrial food waste for fish feed and pet food, aiming for significant revenue and production this year.
Exit · FI · 04 Sep · —
Frendy has acquired the Finnish operations of the Avoki Group, which will merge with Frendy by spring 2027.
Launch · NO · 04 Sep · —
Låvli is launching a free AI service that directs users to collaborating lawyers, aiming to improve trust in AI legal solutions.
Exit · FI · 04 Sep · EUR 32.3M
Wisa Group, spun off from UPM, is set to begin trading on the Helsinki Stock Exchange in early November, with total spin-off and listing costs amounting to 32.3 million euros.
Hire · NO · 04 Sep · —
Planck Technologies has hired its seventh and eighth employees, positions that received over 200 applicants.
Launch · SE · 04 Sep · —
Registercentralen has launched a system for managing police certificates for substitute teachers, now used by 100 organizations in Sweden.
Exit · FI · 04 Sep · —
Boksi.com has acquired a business in Germany to strengthen its position in influencer marketing.
Hire · DK · 04 Sep · —
Martin Svensson has taken the CEO position at Gefion, Denmark's most famous supercomputer.
Launch · DK · 04 Sep · —
Danish startup January is preparing for a targeted launch of its AI-based news app among American students, aiming to change the way young people receive news by providing factual consensus from multiple sources.
Exit · DK · 04 Sep · —
The Danish ERP company Curit has been sold and will become part of a European IT giant.
Hire · FI · 04 Sep · —
Terveystalo has appointed Ville Pesonen as the head of the oral health business area and a member of its management team, effective September 4.
Launch · NO · 04 Sep · —
Planck Technologies is working on building a project to cool data centers.
Funding · SE · 04 Sep · —
Spiich is raising funds in a new round that significantly increases its valuation.
Launch · SE · 04 Sep · —
Kry is exploring entry into the Icelandic market for digital healthcare services, leveraging its advanced technology and Nordic roots.
Launch · IS · 04 Sep · —
Advania has launched Advania ALT, a new solution designed to enable businesses and institutions to utilize leading artificial intelligence models in a secure and responsible manner.
Launch · LV · 04 Sep · —
ESTIMO.lv has launched a platform that combines over 20 data sources to provide quick and comprehensive property analysis for buyers, owners, investors, and real estate professionals.
Hire · NO · 04 Sep · —
Amina Charging has hired Rasmus Larsen to enhance operations in the Nordics.
Funding · NO · 04 Sep · EUR 740K
Amina Charging is finalizing a funding round of 7-8 million Norwegian kroner, with IKM becoming the majority shareholder.
Hire · FI · 04 Sep · —
SSH announced a CEO appointment.
Funding · FI · 04 Sep · —
Creoir has raised seed funding from Gungnir Capital to commercialize its AI-powered voice control system for defense applications.
Hire · NO · 04 Sep · —
Kjersti Hobøl joins the board of Villoid, a technology company in the fashion sector, aiming for significant revenue growth.
Hire · SE · 03 Nov · —
Hannes Wadell has been appointed as the new CFO of Qliro, taking over from the interim CFO Christofer Zetterquist. He will officially join the company on November 3, 2026.
Exit · LV · 01 Nov · EUR 62.5M
US company Apogee Enterprises will acquire Latvia's Groglass for 62.5 million euros, enhancing its capabilities in glass coating technologies.
Launch · LT · 03 Sep · —
Wargaming Vilnius launched a new game called 'World of Tanks: Heat' this spring.
Launch · FI · 03 Sep · —
Donut Lab showcased a solid-state battery with an energy density of 400 Wh/kg at CES, set to be delivered with Verge Motorcycles' electric motorcycle in the first quarter of the year.
Exit · SE · 03 Sep · —
eComID has acquired Nilum to enter the recommerce sector after raising €14.6 million in a Seed funding round.
Funding · SE · 03 Sep · EUR 90K
Registercentralen has secured 1 million SEK in funding from Thoren tillväxt to accelerate its growth.
Hire · NO · 03 Sep · —
Autostore has hired Eva Maria Hansen as HR Manager from Lego to help maintain its startup spirit during global growth.
Funding · DK · 03 Sep · —
Freja.ai is seeking capital for Nordic growth after a successful pilot project.
Funding · LV · 03 Sep · EUR 2.3M
Lightspace Technologies received a grant of €2.3 million from the European Innovation Council's Accelerator program to support its augmented reality innovations.
Hire · FI · 03 Sep · —
Hannes Helenius has been appointed as the chairman of Coinmotion, a Finnish cryptocurrency service company.
Launch · LT · 03 Sep · EUR 61.0M
The first cell therapy and personalized medicine center 'Bio City III' has opened in Vilnius, with an investment of 61 million euros, aiming to develop innovative medical solutions.
Exit · LV · 03 Sep · —
Lightspace Technologies was acquired by the Finnish defense and security technology group Summa Defence in 2024.
Launch · LT · 03 Sep · EUR 6.0M
Litilit plans to complete the setup of a new factory in Vilnius by mid-October, investing about 6 million euros to expand its production capacity.
Hire · FI · 03 Sep · —
Lars Bell has been appointed as the new CEO of SSH, succeeding Rami Raula who is retiring.
Hire · FI · 03 Sep · —
Sensofusion plans to hire one hundred new employees, a significant portion of whom will be based in Finland.
Funding · LT · 03 Sep · EUR 8.0M
UAB "Litilit" received an 8 million EUR loan from ILTE to support the development of its modular femtosecond laser system "Femoda".
Exit · SE · 03 Sep · —
Legora has made five acquisitions since January.
Launch · DK · 03 Sep · EUR 8.2M
Repodo has launched as an AI-powered audit start-up, raising €8.2 million in pre-seed funding to automate audit processes and plans to expand into Europe.
Launch · LV · 03 Sep · —
Lightspace Technologies launched augmented reality glasses designed for military applications in partnership with Rheinmetall Electronics UK.
Funding · NO · 03 Sep · EUR 1.9M
Naeva has raised 20 million Norwegian kroner in fresh equity, led by Sarsia Seed and The Bau Ventures.
Launch · LT · 03 Sep · EUR 61.0M
Northway Biotech has opened a 61 million Euro Innovative Cell Therapy and Personalized Medicine Center in Vilnius, which will create about 100 high-skilled jobs.
Hire · IS · 03 Sep · —
Bergþóra Kristinsdóttir has been appointed as the CEO of Malbikstöðin.
Launch · LT · 03 Sep · —
Inventi has become the first Swift Business Connect provider in the Baltics, allowing it to embed Swift connectivity into its Payments Platform for financial institutions.
Launch · NO · 03 Sep · EUR 25.9B
Fossefall and NG Nordic are partnering to establish a system for the reuse and recycling of GPUs, with Fossefall planning to invest at least $30 billion in graphics processing units in the coming years.
Hire · DK · 03 Sep · —
Plandisc has hired Morten Olesen as a new director to enhance customer value with AI.
Exit · LV · 03 Sep · EUR 62.5M
Latvian high-tech company Groglass is being acquired by the US company Apogee Enterprises for EUR 62.5 million, with potential additional payments based on financial targets.
Launch · LT · 03 Sep · EUR 61.0M
The first innovative cell therapy and personalized medicine center in the Baltic States was opened in Vilnius, with an investment of €61 million from the Northway group.
Launch · LV · 03 Sep · —
Handwave has expanded its partnership with Visa to support the rollout of palm-based biometric payment solutions in Europe.
Launch · LT · 01 Nov · —
International Fintech Business (IFB) is preparing to launch a mobile marketplace for financial companies available for acquisition, scheduled for 1 November 2026.
Exit · LT · 03 Sep · —
Aros Marine has acquired its supplier, Fika LT, a commercial furniture manufacturer based in Kaunas.
Launch · LT · 02 Sep · EUR 2.5M
Venipak is investing more than 2.5 million euros into infrastructure development and modernization in Lithuania and other Baltic States, including the opening of a new terminal in Klaipėda and enhancements to its logistics capabilities in Kaunas and other locations.
Launch · SE · 02 Sep · —
Gritch has launched an app aimed at helping young people sell electricity contracts, initially partnering with Elify Energy Group.
Launch · LV · 02 Sep · —
LMT Defence has developed the first 5G military testing environment in Europe, which serves as a platform for NATO allies to test future technologies.
Launch · FI · 02 Sep · —
Lujatalo has announced the start of construction for a self-financed apartment building project in Hatanpää, Tampere, consisting of 45 owner-occupied apartments, marking its first hard-money project in over three years.
Launch · NO · 02 Sep · EUR 1.3M
Litech signed its first international agreement with Suez to conduct a pilot project for its sensor technology.
Launch · NO · 02 Sep · —
Norwegian has launched Europe's first state-supported flight route in Denmark using a 40% blend of sustainable aviation fuel, significantly reducing emissions.
Exit · LT · 02 Sep · —
Novaturas' stock rose over 21 percent after the confirmation of a mandatory takeover bid from its major shareholder.
Launch · NO · 02 Sep · —
Gadder is launching Gadder Proff, a professional version of its AI-based energy efficiency solution for energy advisors, municipalities, and owners of commercial buildings.
Launch · FI · 02 Sep · —
Hakola Huonekalu launched a new self-assembled sofa designed for easier transport and online sales, aiming to strengthen its market position and expand into exports.
Hire · NO · 02 Sep · —
Flow Technologies has hired Anna von Stackelberg, a former founder, to lead its expansion into Germany.
Hire · SE · 02 Sep · —
Björn Bryngelson, former Nordic Chief at Klarna, has joined the startup Froda as Commercial Chief.
Funding · SE · 02 Sep · —
Hiasynth has raised an angel funding round led by Further Than Capital to develop a synthetic model of Europe's population for market analysis.
Launch · LV · 02 Sep · —
My Freighter is expanding its partnership with Baltic Ground Services to provide aircraft fuelling services at three airports in Europe, enhancing its operational efficiency along key cargo routes.
Launch · DK · 02 Sep · —
Terma will deliver a nationwide counter-drone system to the Danish defense, enhancing the response to drone threats through AI-supported data processing.
Hire · LT · 02 Sep · —
Antanas Aleksiejūnas has replaced Tadas Dapšys as the CEO of BankingLab Technologies.
Launch · SE · 02 Sep · EUR 22.5M
Unbounded launched its product and was valued at nearly a quarter billion kronor earlier this year.
Launch · EE · 02 Sep · —
Skeleton Technologies and Infineon Technologies have signed a memorandum of understanding to develop power supply solutions for AI data centers, aiming to improve energy efficiency and system reliability.
Exit · SE · 02 Sep · —
Nestit Group has acquired the Helsinki-based IT service provider Primanet Oy, marking its fourth acquisition in Finland.
Funding · NO · 02 Sep · EUR 555K
Gadder has secured around six million kroner through grants and competition prizes.
Hire · EE · 02 Sep · —
Tanel Olek has joined Kaamos Kinnisvara as CEO after leaving Mainor Ülemiste.
Hire · NO · 02 Sep · —
Ulla Sommerfelt has been appointed as the CEO of Previto, a startup focused on utilizing MRI and AI for fetal diagnostics.
Exit · NO · 02 Sep · —
Pistachio has acquired Hugin.io to expand its offerings into cybersecurity compliance.
Funding · LT · 02 Sep · —
Emulsi Biotech has completed its first funding round.
Hire · DK · 02 Sep · —
Sander Janca-Jensen has taken over as CEO of Flatpay, which is rapidly expanding and hiring 400 employees in September 2026.
Funding · FI · 02 Sep · EUR 1.3M
Elva has raised €1.3 million in funding from a round led by Lifeline Ventures.
Hire · FI · 02 Sep · —
Miki Kuusi joins Oura's board ahead of the company's anticipated listing in the USA.
Funding · NO · 02 Sep · EUR 1.4M
Stavanger-based company Water has raised 15 million Norwegian kroner from Grieg Kapital and Kverva-owned IVC to build its organization and scale its water treatment technology for aquaculture.
Launch · NO · 02 Sep · —
Nofence is launching the N3 collar for cattle, which includes satellite coverage and features for monitoring animal health and activity.
Hire · LT · 02 Sep · —
Arvydas Grušeckas joins HubLegal to lead its Corporate Acquisitions and Mergers and corporate law practice.
Exit · NO · 02 Sep · —
Pistachio acquired the technology of Hugin Cybersecurity out of bankruptcy.
Hire · LT · 25 Aug · —
Antanas Aleksiejūnas has replaced Tadas Dapšys as CEO of BankingLab Technologies.
Exit · DK · 01 Jan · —
Coana was sold to American Socket in 2025, integrating its technology and employees into the larger platform.
Launch · SE · 04 Sep · —
Studsvik announced a contract for the development of four BWRX-300 small reactors in Sweden, with the first expected to be operational by the mid-2030s.
Exit · EE · 01 Sep · —
The sale of the Saaremaa production unit helped PRFoods into profit.
Exit · DK · 01 Sep · —
Heyra has been acquired by Solita, strengthening Solita's position in the Nordic artificial intelligence market.
Launch · IS · 01 Sep · —
Eignaskanna, an Icelandic technology solution, was officially launched to assess property values using artificial intelligence.
Hire · EE · 01 Sep · —
SEB has appointed Joosep Kadak as the head of corporate banking, replacing Peep Jalakas who moved to Tallink.
Launch · IS · 01 Sep · —
Solid Clouds is preparing to release an additional package for the game called Alliance Wars.
Hire · NO · 01 Sep · —
Frode Næss is appointed as the new CEO of Apex IT, taking over from founder Torkil Munkhaugen, who will transition to a chairman role.
Hire · EE · 01 Sep · —
Elisa Estonia has appointed Martin Link as the new head of its business customer unit, previously from Cybernetica.
Launch · FI · 01 Sep · —
Superpark opened its first park in Britain, located in Braehead, Glasgow, marking its expansion into a new market.
Funding · IS · 01 Sep · EUR 2.1M
Solid Clouds raised 300 million ISK in new equity in 2025.
Launch · FI · 01 Sep · EUR 1.7B
Cerebras Systems announced the construction of a data center in Mikkeli, Finland, with a seven-year agreement valued between 1 and 1.7 billion euros with Compute Nordic Finland.
Hire · EE · 01 Sep · —
Glassense has expanded its management team by hiring Ardo Asperk and Siiri Odrats-Koni to improve profitability.
Funding · SE · 01 Sep · EUR 414K
Livingfilters closed its first funding round at 4.6 million kronor.
Launch · LT · 01 Sep · —
ICONIC21 is expanding its operations in Vilnius by opening a new office and studio complex, planning to create over 350 jobs.
Funding · SE · 01 Sep · EUR 180K
Playmaker AI raised about 2 million kronor in a funding round, with Nicklas Lidström becoming a co-owner as part of the investment.
Launch · IS · 01 Sep · —
Unbroken is set to launch a new powder form of its nutritional supplement in the United States and Europe, aimed at improving nutrient absorption for patients and athletes.
Exit · SE · 01 Sep · —
Nextory has been acquired by Bonnier Books, which now controls two of the three dominant players in the audiobook industry.
Hire · NO · 01 Sep · —
Kristine Austgulen has been appointed as the Chief Marketing Officer at Riff after leaving her position at Remarkable.
Hire · DK · 01 Sep · —
NewC Sport has hired Christian Sørensen as its new CEO to drive a strategic shift.
Exit · EE · 01 Sep · —
Alar Mitt, the founder of ALAR INVEST OÜ, has bought out his long-time business partners Jaan Tammor and Martin Vihmann.
Launch · SE · 01 Sep · —
Hamed Mohammadpour has released Matrix OS, a personal cloud computer that operates continuously, after building 75 AI projects over three years.
Funding · DK · 31 Aug · EUR 134K
Social Vibes raised more than one million kroner from investors to establish its value and support its mission to combat loneliness among young people.
Launch · IS · 31 Aug · —
The Soft Drink Company launched a new soft drink production line for Klaki in Hafnarfjörður, marking the first new factory of this scale in over 20 years.
Hire · SE · 31 Aug · —
Evolution has opened a new office in Vilnius and hired nearly 100 new employees.
Funding · FI · 31 Aug · EUR 2.6M
Finnish quantum technology startup S-Transistors has raised €2.6 million in pre-seed funding to develop integrated circuits based on superconducting transistors, targeting challenges in scaling cryogenic quantum computers.
Hire · IS · 31 Aug · —
Þórdís Pétursdóttir has joined Hoobla as a programmer.
Launch · SE · 31 Aug · —
Evolution has opened an office and live streaming studios in Vilnius, planning to expand its team to 1,200 employees.
Funding · SE · 31 Aug · EUR 1.8M
AI Robotics startup Cota Robotics secured over €1.8 million to expand retail robot deployment.
Funding · FI · 31 Aug · EUR 1.0M
Volare is seeking funding from investors in Springvest's funding round, with Maki.vc committing to invest about one million euros.
Funding · DK · 31 Aug · EUR 8.0M
Repodo has secured 60 million kroner in funding to develop a new European player in the accounting sector.
Launch · EE · 31 Aug · —
Tensor Estate is facilitating the establishment of an AI factory in Estonia, attracting new investors.
Funding · SE · 31 Aug · EUR 902K
Cleean secured ten million kronor from venture capital firm Veq for its drone cleaning services.
Exit · DK · 31 Aug · —
Logos Consult has been acquired by CCIT Group, marking its third acquisition in 2026.
Launch · NO · 31 Aug · —
Finfly has secured a license as a financial agent company, enabling it to contribute to the financial growth opportunities of small and medium-sized enterprises.
Funding · SE · 31 Aug · EUR 1.0M
AI startup Cofactor raised €1 million in seed funding.
Hire · EE · 31 Aug · —
Respo Trailers will have a new leader, Indrek Ojamaa, starting in September, while the current leader Toomas Antons will continue in the council.
Launch · IS · 31 Aug · —
Sóley is a new plugin that connects directly to travel service booking systems, allowing users to receive accurate information and make bookings without intermediaries.
Launch · NO · 31 Aug · —
Eksamen.AI, a fully digital AI school, has launched to provide innovative exam preparation courses for students, utilizing AI technology for personalized learning.
Launch · LT · 31 Aug · EUR 5.0M
Marytė retail is launching a new retail chain in Lithuania, planning to invest up to 5 million euros in expansion and create over 200 jobs.
Funding · SE · 31 Aug · EUR 2.1M
Death-care platform Solace Care raised €2.1 million for European expansion.
Launch · DK · 31 Aug · —
Azpire Capital is launching its first fund and making cryptocurrency more accessible for Danish investors.
Exit · DK · 31 Aug · —
Angella Invest is taken over by a group of ten female investors, marking a significant change in ownership and direction for the company.
Launch · SE · 30 Aug · —
Precise Biometrics is merging with Fingerprint Cards to create a company with broader technology and a larger customer base.
Launch · IS · 24 Aug · —
SideWind has launched its wind turbine technology on the container ship Helgafell, marking the start of sea trials for an integrated wind and solar energy system.
Exit · DK · 29 Aug · —
Dencrypt was acquired by Terma, a defense technology company, enhancing Terma's product offerings.
Exit · DK · 28 Aug · EUR 4.0M
CCIT Group acquired Logos Consult, adding over 30 million DKK in annual revenue and more than 20 employees to its operations.
Exit · EE · 28 Aug · —
Zondacrypto, a cryptocurrency company suspected of fraud, has gone bankrupt in Estonia.
Launch · SE · 28 Aug · —
Vera Policy is an AI tool developed to improve political understanding among citizens, with former Swedish Prime Minister Fredrik Reinfeldt involved in its development.
Funding · LV · 28 Aug · EUR 2.1M
Principle raised $2.5 million in pre-seed funding to develop its AI-powered strategic simulation platform.
Launch · FI · 28 Aug · —
ICEYE is partnering with The Water Institute to combine satellite-based flood observations with predictive flood modeling for governments and insurers.
Launch · SE · 28 Aug · EUR 450.0M
Einride founders launched a venture firm aiming for €450 million in European deep tech investments.
Launch · SE · 28 Aug · —
Qokedas, founded by three classmates, aims to sell data to major AI labs and has secured a spot in Y Combinator.
Funding · SE · 28 Aug · EUR 8.2M
Atoire has raised 9.5 million dollars in a funding round to connect luxury factories directly with customers, selling high-quality handbags and clothing at lower prices.
Exit · IS · 28 Aug · —
Orbital ehf. has signed an agreement to purchase all shares in Alvogen ehf., a pharmaceutical wholesaler operating in the Icelandic market.
Launch · SE · 28 Aug · —
Arket will open its first store in Vilnius on August 28, marking its entry into the Lithuanian market.
Launch · DK · 27 Aug · —
Landfolk launched the concept 'Landfolk Urban' in Oslo, allowing the rental of city apartments for the first time.
Hire · EE · 27 Aug · —
Yook Production has appointed Andres Kangur as the new sales manager, responsible for global sales activities and product development.
Exit · FI · 27 Aug · —
Boksi has acquired Goodlife Management, adding 30 German-speaking creators to its platform.
Exit · NO · 27 Aug · —
Breyta has decided to shut down after several pivots and attempts to find traction with customers.
Launch · IS · 27 Aug · —
Eldi, the company established within the Hampiðjan group at the beginning of the year to serve the fish farming market, has exceeded expectations.
Funding · SE · 27 Aug · EUR 811K
Readily Diagnostics has raised approximately €811k from the Gates Foundation to develop an affordable test for common sexually transmitted infections.
Hire · NO · 27 Aug · —
Neat has appointed Sandeep Mehra as Senior Vice President and General Manager International following a record quarter with over $100 million in revenue.
Funding · NO · 27 Aug · EUR 459K
BitPet AS has received NOK 5 million from the Research Council of Norway to validate its business model through further research and development.
Launch · SE · 27 Aug · —
Erika Eliasson Ekberger is launching a new startup under the 0TO9 platform, focusing on capital market issues and growth for SMEs in Europe.
Launch · NO · 27 Aug · —
Green Maritime Infrastructure has signed a contract to build two hydrogen-powered cargo ships for transporting asphalt, expanding its fleet of environmentally friendly vessels.
Launch · LT · 27 Aug · —
Aspora has chosen Lithuania as the base for its EU business, establishing its leadership and operations in Vilnius.
Funding · SE · 27 Aug · EUR 1.8M
Cota Robotics has secured over 20 million kronor in venture capital to develop their AI robot for shop floors.
Launch · SE · 27 Aug · —
Vanessa Lindblad has launched a new supplement brand called Repeats, focusing on various health products.
Launch · NO · 26 Aug · —
Solwr has signed a global collaboration agreement with Spar International to become the preferred supplier for warehouse automation efforts, including their robots and logistics platform.
Hire · SE · 26 Aug · —
Elin Morales Härén has taken over as CEO of Airmee, a last mile delivery company.
Launch · NO · 26 Aug · —
Fincharter has launched a technology solution aimed at automating the investment process for both amateur and professional investors, providing them with relevant information and analysis to aid their decision-making.
Hire · NO · 26 Aug · —
Kakadu is looking to hire a sales leader to support its expansion in the Nordics, starting with Denmark.
Hire · IS · 26 Aug · —
Brynjar Már has been appointed as the Human Resources Manager at Corus, bringing extensive experience in HR and product development.
Hire · FI · 26 Aug · —
Nest AI plans to build a Swedish team of over 50 engineers and researchers in 2027, likely establishing an office in Stockholm.
Hire · FI · 26 Aug · —
Magnus Hindström started as CEO of Honkarakenne at the beginning of August.
Hire · FI · 26 Aug · —
Timo Ahopelto has been appointed as the chairman of the board of Sensofusion, a company known for developing drone defense systems. This appointment is part of the company's preparations for an IPO.
Funding · DK · 26 Aug · EUR 1.0M
Haime aims to raise nearly 7.5 million DKK for expansion and product development.
Hire · EE · 26 Aug · —
Modera will have a new CEO in September.
Funding · SE · 26 Aug · EUR 389K
Valkyr Defense Systems raised 4.3 million kronor in a funding round, with I Love Lund taking a minority stake.
Launch · DK · 26 Aug · —
Systematic has won a contract to provide its library system Cicero to approximately 170 schools in Stockholm, marking its largest international school library contract to date.
Funding · SE · 26 Aug · EUR 1.0M
Photon Sports secured 11.2 million kronor through a new share issue in November last year.
Launch · DK · 26 Aug · —
Space Inventor is set to deliver two satellite platforms to Constellr, which will map heat patterns and hidden activities on Earth.
Launch · FI · 26 Aug · —
NestAI is expanding its operations to Sweden, planning to open a local office in Stockholm by 2027 and assemble a team of over 50 engineers and researchers in the Nordic and Baltic regions.
Funding · NO · 26 Aug · EUR 4.6M
Soria Capital has raised 50 million NOK to invest in solid Norwegian growth companies.
Exit · DK · 26 Aug · —
Cyberpilot has been sold to a Swiss IT company.
Launch · LT · 25 Aug · —
The new 'Judu' app has been launched in Vilnius, replacing the 'm.Ticket' and 'm.Parking' apps.
Hire · SE · 25 Aug · —
Sebastian Ahlskog has been appointed as the new CFO of Meela.
Launch · NO · 25 Aug · —
Fossefall has selected Armada as a technological partner for its upcoming AI factories in Norway, Sweden, and Finland, ordering five Leviathan modules for initial capacity expansion.
Launch · SE · 25 Aug · —
Nometa launched its drone protection system, Dedalo, which captures radio signals between drones and pilots to enhance safety in restricted airspaces.
Launch · NO · 25 Aug · —
Vipps is launching a BankID card within its app, enhancing its functionality as a digital wallet in Norway.
Launch · NO · 25 Aug · EUR 4.6M
Kristian Jul Røsjø and Askeladden & Co are launching Soria Capital, which will buy used shares in Norwegian growth companies.
Funding · FI · 25 Aug · —
Hidex Oy is investing millions in growth, reflecting its strong outlook and commitment to expanding its operations in the field of measurement devices for radioactive substances.
Launch · DK · 25 Aug · —
Three founders of Lunar have launched a new AI-based auditing company called Repodo, which aims to compete with Europe's largest auditing firms.
Funding · NO · 25 Aug · —
Newcode has completed a Series A funding round to support its expansion in the USA.
Funding · DK · 25 Aug · EUR 1.0M
Osmund has received a pre-seed investment of one million euros from PSV Tech to launch its electricity company that will sell electricity at cost price.
Launch · SE · 25 Aug · —
Standard Medicine has developed an AI medical sounding board for healthcare professionals and has recently left stealth mode.
Launch · DK · 25 Aug · —
Nordic Office has officially opened as a new coworking space aimed at entrepreneurs, independent consultants, and small startup teams in Aarhus.
Funding · DK · 25 Aug · EUR 8.2M
Repodo has raised €8.2 million in pre-seed funding to launch an AI-native audit platform aimed at small and medium-sized businesses, marking Denmark's largest pre-seed raise to date.
Launch · FI · 25 Aug · —
Hidex Oy has opened new facilities in Turku, which is a multi-million euro investment aimed at supporting the company's growth and ensuring it remains an attractive workplace for experts.
Funding · SE · 25 Aug · EUR 1.5M
Xaga Surgical raised just over 17 million kronor in a new share issue to support its commercial activities and CE marking process.
Launch · FI · 25 Aug · EUR 14.0M
Insta Group has launched a multi-year contract to supply FPV drones to the Defense Forces, worth 14 million euros, for training purposes across Army units.
Funding · SE · 25 Aug · EUR 1.2M
Cofactor, an AI service company founded by Andreas Willgert and Robin Bartholdson, has raised 13 million kronor from major investors and retail executives.
Funding · SE · 25 Aug · EUR 2.1M
Solace Care is raising over 23 million kronor to expand its services to Europe.
Hire · IS · 25 Aug · —
Álfheiður Ágústsdóttir has been appointed Deputy CEO of Travel Connect, strengthening the management team for the company's growth phase.
Funding · DK · 25 Aug · —
Aarhus-based NorFalk has raised new capital to accelerate its path to market for the company's biobased chemistry.
Exit · LT · 21 Aug · EUR 76K
Koka Zirgs, associated with SAF Tehnika's board chairman Normunds Bergs, acquired 5,174 shares of SAF Tehnika for 76,135.41 Euros on August 21.
Funding · LT · 24 Aug · EUR 60K
Strato Create has received a €60,000 grant through the EPIC-X programme for women-led deeptech startups.
Funding · LT · 24 Aug · EUR 8.0M
LITILIT has secured an €8 million loan to develop FEMODA.
Hire · NO · 24 Aug · —
Herman Sigmond has resigned from his job as a lawyer to become a co-founder of Dealsharp and will serve as CEO.
Launch · NO · 24 Aug · —
Reggy has launched a compliance platform designed to consolidate various compliance regulations into one system, with notable customers including Telenor and Aker BioMarine.
Funding · LT · 24 Aug · EUR 2.0M
PDKinematics secured 2 million euros in funding in the first half of 2026.
Funding · LT · 24 Aug · EUR 2.3M
Embedd has secured €2.31M in pre-seed funding to develop software infrastructure for physical AI, enabling faster integration of chips for intelligent machines.
Launch · LV · 24 Aug · EUR 10.0M
Storent Europe starts a public bond offering in the Baltics, aiming to raise up to 10 million euros in the first tranche of its bond program.
Launch · FI · 24 Aug · —
Insta Group and Tencore are collaborating to produce unmanned ground vehicles in Finland, aiming to enhance production capacity and support Ukraine's defense needs.
Funding · LT · 24 Aug · EUR 2.0M
Outcraft AI attracted 2 million euros in funding in the first half of 2026.
Launch · SE · 24 Aug · —
Åhléns and Sokos are expanding their procurement cooperation, making Åhléns products available in Sokos department stores and online.
Hire · FI · 24 Aug · —
Jonas Idström has been appointed as the Commercial Director of Reitan Convenience Finland, leading the transformation of R-kioski into the new Ärrä concept.
Launch · SE · 24 Aug · —
Storesprint aims to expand its digital platform to serve 5,000 stores in the Nordics and Northern Europe.
Funding · SE · 24 Aug · EUR 3.2M
Aligned Bio raised 35 million kronor in a funding round led by LMK.
Launch · NO · 24 Aug · —
Dealsharp is a tool designed to make lawyers and advisors more confident and better prepared for negotiations, currently being tested by several users in the Nordics.
Funding · NO · 24 Aug · EUR 5.8M
Ofiniti has raised 6.8 million dollars for international growth.
Hire · NO · 24 Aug · —
Julia Staunig has been appointed as the new CEO of Position Green, succeeding co-founder Daniel Gadd, who will remain as an advisor and board member.
Funding · LT · 24 Aug · EUR 5.0M
Axiology secured 5 million euros in funding in the first half of 2026.
Hire · LT · 24 Aug · —
Mantas Katinas has been appointed as the CEO of Kurianti karta, a company focused on private education in Lithuania.
Funding · NO · 24 Aug · EUR 2.8M
Volve, a Norwegian AI platform for bidding processes in construction, has announced a seed funding round of 30 million Norwegian kroner led by Skyfall Ventures.
Launch · LT · 24 Aug · EUR 2.0M
Atsinaujinančios energetikos investicijos is launching a new bond issue worth 2 million Euros with a 9% yield, available to investors in Lithuania, Latvia, and Estonia.
Launch · LT · 21 Aug · —
Launch of the SOS Trust SMS app to warn relatives about suspicious SMS messages.
Launch · DK · 21 Aug · —
MyDefence and Terma are initiating a collaboration to integrate their technologies for anti-drone solutions.
Launch · SE · 21 Aug · —
Klang has expanded its operations to Japan, marking its first move outside of Europe, and has seen rapid growth in user sign-ups from the region.
Launch · EE · 21 Aug · —
Skeleton Technologies has moved its battery production to Finland, establishing a factory in Varkaus to produce new 'super batteries' that address energy storage challenges.
Funding · FI · 21 Aug · —
Suomisen Maido underwent two funding rounds, with shares transferred to about 400 private individuals, and included new shareholders Hämeenlinnan Osuusmeijeri and Heino Group, each holding a 10% stake.
Launch · IS · 21 Aug · EUR 128.2M
Alvotech has entered a partnership with Lotus Pharmaceutical to market two biosimilars in the U.S. and Asia, potentially generating up to $150 million in licensing revenue.
Launch · LT · 21 Aug · —
MEPCO has joined the international Ethos group, opening up a wider range of project opportunities and prospects for professional growth.
Funding · SE · 21 Aug · —
Daniel Ek and Martin Lorentzon invest millions in their new AI company T-Unit.
Hire · NO · 20 Aug · —
Torben Carlsen, former CEO of DFDS, becomes the new chairman of Ofiniti.
Launch · NO · 20 Aug · EUR 1.4M
Materia is launching Byggom, an AI-driven decision-making solution aimed at improving material reuse in the construction industry, with a total budget of 15.4 million NOK over three years.
Funding · LT · 20 Aug · EUR 1.0M
Guideless has raised €1 million in pre-seed funding to further develop its technology and expand internationally.
Funding · DK · 20 Aug · EUR 5.0M
Velatir has raised €5m in seed funding to accelerate AI adoption across Europe.
Launch · NO · 20 Aug · —
Livity transitioned from a paid pilot to a permanent supplier for DNB, reaching around 1,000 users across more than 15 companies since February.
Funding · DK · 20 Aug · EUR 334K
Kompare has secured nearly 2.5 million kroner in funding from a syndicate of business angels, primarily from Snowii's investor group.
Hire · SE · 20 Aug · —
Sisterly Tribe has recruited new key personnel from competitors Aim’n and Axel Arigato.
Launch · IS · 20 Aug · —
KAPP has signed a contract to provide a complete processing line for Golden Atlantic's crab processing, demonstrating their capabilities in seafood processing and automation.
Launch · SE · 20 Aug · —
Perspetivo is launching a new AI platform where customers can create surveys themselves, shifting from conducting surveys to providing a platform for users to do so.
Launch · SE · 20 Aug · EUR 1.3M
Acconeer received a record order worth 14 million kronor for level measurement in liquid tanks, marking its largest order outside the automotive industry.
Launch · FI · 20 Aug · —
Mobilepay is significantly updating its appearance and usability, rolling out a new version to users in phases.
Launch · DK · 20 Aug · —
DCAI is launching a new direction for the Gefion supercomputer, aiming to provide an alternative to American AI solutions.
Funding · SE · 20 Aug · —
Sisterly Tribe has secured new million funding from Wellstreet.
Funding · SE · 20 Aug · EUR 4.0M
Solinide Photonics has raised €4 million in seed funding to commercialise its silicon nitride photonic integrated circuit technology.
Launch · LT · 20 Aug · —
FinoMark has expanded its service provider license to manage an advertisement board for clients to post intentions related to loan claims.
Hire · DK · 20 Aug · —
3RD has hired a sales director with a background at Google.
Funding · SE · 20 Aug · EUR 1.4M
Eyedentity raised 15 million SEK from Norrsken Launcher to develop its AI tool for detecting uveal melanoma.
Hire · DK · 20 Aug · —
Sinal hires Mette Lisby Overbeck as new commercial director to enhance fiber network usage in Denmark.
Launch · EE · 20 Aug · —
SKN Industrial Solutions OÜ expands its equipment supply across Europe, specializing in fire suppression systems, dosimetric equipment, and pumps and compressor equipment for industrial and energy infrastructure.
Launch · EE · 20 Aug · —
Bolt has launched its shared bicycle service in central Riga and nearby areas, with plans to expand based on demand.
Launch · FI · 20 Aug · —
Innokas signed a letter of intent to manufacture drones for the Ukrainian armed forces in Finland, collaborating with Airlogix.
Launch · DK · 19 Aug · —
Partisia has separated its quantum activities into an independent company and appointed a CEO for the new business.
Exit · SE · 19 Aug · —
Venture Design is acquiring the remaining 70 percent of Dangarden after significant sales growth.
Launch · NO · 19 Aug · —
Utilitycloud will manage billing, customer handling, and market communication for Greenely, starting with Sweden.
Funding · LT · 19 Aug · EUR 409K
Broswarm attracted an investment of 409 thousand euros from a group of business angels.
Launch · DK · 19 Aug · —
Systematic forms a strategic partnership with French defense company Thales for Denmark's long-range ground-based air defense.
Launch · NO · 19 Aug · —
Aiba's moderation platform Amanda is now operational in 21 games from Rovio.
Hire · SE · 19 Aug · —
Petra Klein has joined Syndis to lead development and operations in the Swedish market and support expansion in the Nordic countries.
Launch · LT · 19 Aug · —
Revolut is planning to open a branch in Finland to offer FI-prefixed account numbers and strengthen its local presence.
Funding · DK · 19 Aug · EUR 1.7M
Aisel Health, a Danish HealthTech company, raised €1.7 million in a pre-seed funding round to tackle psychiatry's capacity crisis.
Hire · SE · 19 Aug · —
Thomas Brunner took over as CEO from Raiha Buchanan, one of the founders of Gigapay.
Launch · NO · 19 Aug · —
Villoid launched Villoid.no as a Norwegian online store after changing its business model.
Funding · IS · 19 Aug · EUR 400K
SnerpaPower received a 0.4 million euro Voxtur grant from the Icelandic Technology Development Fund alongside its seed round.
Launch · SE · 19 Aug · —
Coolstuff has revamped its product range to focus on personalized gifts, moving away from quirky gadgets, and plans to invest more in this category throughout 2026.
Funding · IS · 19 Aug · EUR 3.0M
SnerpaPower raised 3.0 million euros in seed funding led by Encevo, with Crowberry Capital and BackingMinds returning, to accelerate its European expansion. A 0.4 million euro Voxtur grant from the Icelandic Technology Development Fund came alongside.
Funding · NO · 19 Aug · —
Renasys is planning to raise capital to scale the rollout of its wastewater treatment technology.
Funding · SE · 19 Aug · EUR 453K
Waveium completed its first funding round, raising just over 5 million SEK, with investments from Almi Invest, LU Ventures, Hetch Capital, and several business angels.
Hire · SE · 19 Aug · —
Emil Ahlbäck has joined Energy as Founding Engineer after leaving Lovable.
Launch · SE · 19 Aug · —
Cursor launches Origin, a new platform designed to compete with Github, allowing users to synchronize code between the two services.
Hire · LT · 01 Sep · —
Ilona Lekavičiūtė replaces Mantas Katinas as the General Director of Wargaming Vilnius, effective September 1.
Exit · DK · 18 Aug · —
Queue-it has been acquired by an American private equity firm, aiming to expand its market presence in AI traffic management.
Funding · NO · 18 Aug · EUR 367K
Sensa raises four million kroner to develop its industrial data platform for small and medium-sized enterprises, with investments from Eviny Ventures and others.
Launch · SE · 18 Aug · —
SBF Skydd has launched Rcharge, a new business area focused on charging and storing e-bike batteries and electric scooters, aiming to become a Nordic specialist brand.
Exit · DK · 18 Aug · —
CataCap takes over the majority in B4Restore. Founders Henrik and Vivi Lind will continue in the management of the IT company.
Launch · FI · 18 Aug · —
Luottopuu has launched a non-shrinking round timber product, claimed to be the world's first.
Launch · DK · 18 Aug · —
My Mental Wellbeing is launching its AI solution in the African market, starting with Nigeria.
Hire · NO · 18 Aug · —
Cobuilder expands its leadership team by hiring Helge Øien as CFO and Varun Mittal as CPO.
Hire · NO · 18 Aug · —
Andrzej Golebiowski formally takes over as CEO of Riff, succeeding co-founder Trygve Karper, who will now focus on product development.
Launch · LT · 18 Aug · —
Altic IT launched an AI-based IT insights analytics platform called 'ALT Insights' that combines data from various sources to provide structured IT analytics for managers.
Exit · SE · 18 Aug · —
Kleer is acquiring Plock to enhance its offerings for SaaS and AI companies.
Hire · NO · 18 Aug · —
3LC hired Everley Tseng and Copeland Laris in Boulder, Colorado, to support technical and commercial tasks, and Leela Srivastava as a marketing and communications coordinator.
Funding · SE · 18 Aug · EUR 1.7M
Incredible, formerly Viss.AI, raises 19 million kronor for voice-controlled technology.
Launch · DK · 18 Aug · —
Ønskeskyen launches a partnership with tennis star Holger Rune to feature products he recommends on their platform.
Hire · SE · 18 Aug · —
Albin Pettersson is the CEO of Infimotion Technology, which is rapidly growing as car manufacturers seek cheaper powertrains.
Hire · IS · 18 Aug · —
Áslaug Arna Sigurbjörnsdóttir has joined Fenris Creations and will lead a new artificial intelligence project at the company.
Launch · SE · 17 Aug · —
Astute launched its new B2B media platform to assist companies in managing partnerships with creators.
Launch · NO · 17 Aug · —
Askeladden & Co is launching a new digital AI course aimed at bridging the gap in technological knowledge among consumers.
Launch · FI · 17 Aug · —
Luotea launched its Smartti service, which optimizes energy use and enhances cleaning services through data-driven technology.
Launch · IS · 17 Aug · —
Gatula ehf. has launched Gatula Connect, a new digital platform that utilizes artificial intelligence to simplify the search for services.
Funding · SE · 17 Aug · EUR 1.0M
Astute raised $1.2 million in a pre-seed funding round to develop its platform for B2B marketing partnerships.
Funding · SE · 17 Aug · EUR 636K
Denjo Dogs has raised nearly 7 million kronor from various investors including Backing Minds.
Launch · LT · 17 Aug · —
Tesonet will develop a 40,000 sq. m multifunctional quarter in Kaunas.
Hire · DK · 17 Aug · —
AutoUncle has hired former McKinsey partner Philipp Lühr as the new Chief Commercial Officer to strengthen its European growth and commercialize the AI solution CoDriver.
Funding · NO · 17 Aug · EUR 3.7M
Birdsview raised 40.5 million NOK in a funding round to scale its technology for assessing concrete structures internationally.
Launch · FI · 17 Aug · —
Hook is planning to expand its restaurant chain to Dubai, following its first international opening in Fuengirola, Spain.
Launch · EE · 17 Aug · —
Auroomi has successfully launched a new sauna product that is well-suited for Southern Europe during a heat wave.
Launch · SE · 15 Aug · —
Mypauze has launched several new products in the 'study peace' category, expanding its product range to include educational toys.
Launch · FI · 14 Aug · —
Emilia Sport launched its first Ikuista bicycles designed by CEO Riku Tuppurainen this year.
Launch · DK · 14 Aug · —
Risika launches Riskpilot, a database providing free access to information on over 4.6 million companies.
Launch · LV · 14 Aug · EUR 20.0M
AS Recipe Plus is investing EUR 20 million in the development of a new pharmaceutical and medical supplies distribution centre in Riga, Latvia, aimed at improving the efficiency and security of medicine supplies.
Funding · EE · 14 Aug · EUR 4K
Guardian Labs secured pre-seed funding of €4,000 to develop their phone fraud prevention technology.
Exit · LT · 14 Aug · —
The Lithuanian fintech startup 'Super How' is being liquidated.
Hire · NO · 14 Aug · —
Cobrief has hired Marius Midttun as a Customer Care Representative.
Funding · FI · 14 Aug · EUR 1.0M
STRGY AI raises €1 million to scale its AI-powered strategy execution platform.
Hire · DK · 14 Aug · —
Sasha hires former Snap executive Christian Mogensen after new investment round.
Funding · DK · 14 Aug · —
My Mental Wellbeing has secured its first external investment from Nigerian investor Uzor Ofulue, opening a pre-seed round with a valuation of €3.2 million and aiming to raise $1 million by the end of the year.
Funding · DK · 14 Aug · —
Sasha received a new capital injection for international growth.
Hire · FI · 14 Aug · —
Esa Parjanen has joined the board of Donut Lab, while Risto Siilasmaa has left the board.
Launch · EE · 13 Aug · —
Tensor is establishing the first international artificial intelligence factory in the Baltics, promising significant economic impact for Estonia.
Exit · DK · 13 Aug · —
CyberPilot has been sold to SEPPmail, a large Swiss platform for secure email communication.
Launch · DK · 13 Aug · —
Serpier is launching Navi, an AI agent designed to automate marketing tasks and improve efficiency in marketing departments.
Funding · SE · 13 Aug · EUR 2.0M
Millow has closed a €2 million funding round to scale clean-label protein made from oats and mycelium.
Funding · DK · 13 Aug · EUR 736K
VF Bolig raises 5.5 million DKK to enhance capacity as they onboard eight professional administrators.
Launch · IS · 13 Aug · —
Óskaskrín has launched a new digital gift card solution that combines a wide variety of stores and service providers into a single gift card.
Launch · SE · 13 Aug · —
Haypp Group has launched a new automated warehouse north of London to handle increased volumes and shorten delivery times.
Exit · SE · 13 Aug · EUR 0
Vicosight was acquired for 1 krona and has since become one of Sweden's more profitable SaaS companies.
Funding · DK · 13 Aug · EUR 134K
Effitec receives a million investment from experienced investors.
Launch · LV · 12 Aug · —
Launch of the anna app, a mobile application designed to improve women's well-being during perimenopause, utilizing data from personal devices to provide personalized recommendations.
Exit · SE · 12 Aug · —
Again has acquired industrial biotechnology company Genomatica, combining their capabilities in computational biotechnology, bioprocess engineering and industrial-scale manufacturing.
Funding · SE · 12 Aug · EUR 909K
Amanda AI has replenished its cash with 10 million kronor while making its way into the UK market.
Launch · EE · 12 Aug · EUR 25.0M
Allas Pool is expanding to Tallinn with a new sea spa project, backed by a 25 million euro investment budget, in collaboration with the Estonian real estate development company Kapitel.
Hire · DK · 12 Aug · —
Netcompany recruits two top profiles for the finance business.
Launch · FI · 12 Aug · —
Nebius is building a new data center in Mäntsälä with a capacity of 70 megawatts, expected to be operational from 2027.
Launch · SE · 12 Aug · —
Optisense Care delivers its first commercial order of a connected toilet seat for elderly care to Vilhelmina municipality.
Hire · DK · 12 Aug · —
Anne Marie Lie Norvig is stepping back in as CEO after the previous CEO's departure.
Launch · LV · 12 Aug · —
INDEXO announced plans to apply for the listing of its shares on the Nasdaq Stockholm exchange.
Launch · LT · 12 Aug · —
Nord Security is moving to a new office in the 'Hermanas' business center, expanding its operations in Kaunas.
Exit · DK · 12 Aug · —
Guardsix has acquired the Czech company Logmanager, which provides log management for organizations without their own security teams.
Funding · SE · 12 Aug · EUR 6.5M
Cognibotics received 6.5 million euros in support from the EU's EIC Accelerator program to scale up and deploy more robots.
Hire · SE · 12 Aug · —
Johanna Axén has been appointed as the new CEO of Djerf Avenue, taking over from the temporary CEO Nanna Hedlund.
Launch · NO · 12 Aug · —
Capacity Connect has launched a pilot platform to help data centers utilize their capacity more effectively.
Launch · LT · 12 Aug · —
Atedaktare.lt launched as an e-commerce brand during the pandemic, focusing on dietary supplements and aiming to help doctors and patients.
Launch · FI · 12 Aug · —
Exocon has developed a new air-to-water heat pump that operates effectively in extreme cold conditions, specifically at temperatures as low as -35 degrees Celsius.
Launch · EE · 12 Aug · —
Launch of Hairmagic Production, a company focused on processing natural Slavic hair and creating hair products.
Hire · DK · 12 Aug · —
Netcompany has recruited former Topdanmark CEO Peter Hermann as a partner and Søren Skov Mogensen as the new CEO of Netcompany Banking Services.
Launch · IS · 12 Aug · —
Lauf Cycles is planning to expand its product line and open sales in Europe, including a potential marketing campaign to sponsor a women's team in the Tour de France.
Launch · DK · 12 Aug · —
SpaceXAI is launching 'Grok Bot,' an AI-driven colleague that performs tasks independently and communicates with other bots.
Exit · SE · 12 Aug · EUR 17.3M
Acast acquired Backyard Ventures for $20 million, enhancing its presence in the USA.
Funding · DK · 04 Sep · EUR 3.0M
Copenhagen-based Palette raised €3M in a Pre-Seed funding round to build a model-neutral OS for AI-native teams.
Launch · EE · 11 Aug · —
Peetri Pizza expands its express pizza offering to 42 Alexela service stations across Estonia, marking the largest expansion in its history.
Funding · DK · 11 Aug · EUR 3.0M
Palette raised €3 million in pre-seed funding to develop its operating system for AI-native teams.
Funding · DK · 11 Aug · EUR 6.5M
Entravel Group has raised $7.5 million in a funding round co-led by Ethereal.
Hire · DK · 11 Aug · —
Søren Skov Mogensen will take over as the new CEO for Netcompany Banking Services starting October 1st, replacing Thomas Cordth.
Hire · FI · 11 Aug · —
Ulla Hemminki-Reijonen moves to Funidata as the head of product management and project delivery.
Launch · IS · 11 Aug · —
Gengill signed a contract with Daga for the implementation of automatic cleaning robots in their operations.
Exit · SE · 11 Aug · EUR 63.8M
Revolutionrace acquired Icaniwill in a deal valued at 700 million SEK.
Launch · SE · 11 Aug · —
Spotify launched Xirp, a supervisory control system for developers to manage AI tools more effectively, currently in beta phase.
Hire · NO · 11 Aug · —
Hans Christian Tungesvik has been appointed as the CEO of Frank, a legal tech startup.
Hire · NO · 11 Aug · —
Impact Commerce recruits a new country manager to lead its Norwegian initiative.
Launch · LT · 11 Aug · —
Bankera is changing its name to BankingLab Technologies.
Launch · EE · 10 Aug · —
Iute Group has launched iuteMarket, an integrated shopping service within the Myiute app, allowing customers to discover, finance, and purchase products seamlessly.
Hire · SE · 10 Aug · —
Axolot is changing its CEO to Lucas Petersson, effective November 1.
Funding · SE · 10 Aug · EUR 7.8M
Edgify has secured $9M in funding to expand its edge AI platform.
Launch · NO · 10 Aug · —
Lars Hvinden has developed an AI agent for board members that runs via a local open source model, allowing sensitive information to be kept locally.
Funding · SE · 10 Aug · —
Quartr is bringing in many new millions for its expansion with a new major shareholder.
Launch · LT · 10 Aug · —
Revolut Bank S.A. has obtained a full banking license from the European Central Bank, allowing it to serve customers in Western Europe and expand its operations.
Launch · NO · 10 Aug · —
Lars Hvinden has developed an AI agent for board members that runs via a local open source model, allowing sensitive information to be kept locally.
Hire · DK · 10 Aug · —
Netcompany hires a former Microsoft executive to strengthen its position in artificial intelligence.
Hire · FI · 10 Aug · —
Verda has appointed Mikko Einiö as Chief Financial Officer as it accelerates its global expansion.
Launch · LT · 10 Aug · —
3P Defence's laser anti-drone system 'OVR-Guard S1' has been selected for the European Union Defence Innovation Scheme (EUDIS) business accelerator, moving closer to product development and production launch.
Launch · NO · 10 Aug · —
Avaga Holding AS launched the Mycoverse app for mushroom picking, designed for several European markets.
Exit · IS · 10 Aug · EUR 3.3M
Oculis acquires rights to Privosegtor from Accure Therapeutics for $3.8 million and shares.
Funding · SE · 10 Aug · EUR 4.4M
Nordic Forestry Automation closed its largest funding round to date, raising 48 million kronor led by Navigare Ventures and Almi Invest Greentech.
Launch · LT · 10 Aug · —
Revolut is set to begin serving customers across Europe, starting with France, as part of its expansion strategy following the acquisition of a banking license.
Hire · DK · 10 Aug · —
Mette Kaagaard has taken a top job at Netcompany after her exit from Microsoft.
Launch · NO · 10 Aug · —
Fiskher AS launched the mushroom app Tyri as a beta version for iPhone in Norway.
Hire · DK · 10 Aug · —
Healper has hired Jeff Aksengor as Chief Growth Officer from Too Good to Go and Podimo to scale its marketplace and strengthen its product and growth strategy.
Funding · NO · 10 Aug · EUR 2.2M
Visoid secured 24 million NOK in funding led by Skyfall Ventures to double its staff and enhance product development.
Launch · FI · 09 Aug · —
Suvi-Veneet Oy is expanding its product range to include larger models and electric boats, particularly focusing on the export of large motorboats to Norway and Sweden.
Hire · IS · 09 Aug · —
Guðmundur Árni Ólafsson is the Operations Manager and one of the founders of GreenKey, a company specializing in operational services for hotels and accommodations.
Hire · SE · 08 Aug · —
Arkiv has strengthened its team, expanding from four to six employees as part of its growth strategy.
Launch · LT · 08 Aug · —
Paysera launched Checkout Modern, a new payment platform for merchants in Lithuania, Latvia, and Estonia, which allows free bank transfers.
Launch · SE · 08 Aug · —
Arkiv, a startup focused on board games in the form of murder mysteries, has launched its products in several new markets including Denmark, Finland, and Norway.
Launch · LV · 07 Aug · —
PrintyMed is developing a material for various medical applications, aiming to bring innovative solutions to the market.
Funding · NO · 07 Aug · EUR 5.5M
Oivi is in an ongoing funding round aiming to raise 60 million NOK to support its growth in the USA.
Launch · LV · 07 Aug · —
MyWisy is a Latvia-based adaptive learning platform for preschool education that personalizes learning content and pace according to each child's individual learning level.
Launch · LV · 07 Aug · —
ANIMAS-DA is a digital AI-driven decision support tool for planning daily insulin dosing for children with type 1 diabetes.
Funding · SE · 07 Aug · EUR 2.7M
Hemla has raised 30 million kronor at a valuation of 130 million kronor, backed by notable investors including Flat Capital and others.
Exit · IS · 07 Aug · —
Happy Hydrate has been acquired by a group of investors due to significant debts.
Hire · IS · 07 Aug · —
Áslaug Arna Sigurbjörnsdóttir has been hired as Senior Director of AI Partner Program at Fenris Creation, where she will lead a new project in artificial intelligence.
Launch · NO · 07 Aug · —
Peerlo is developing a digital platform to connect individuals in difficult life situations with peers who have similar experiences. The platform aims to enhance mental health support in workplaces.
Hire · IS · 07 Aug · —
Jónsbók has hired eight new lawyers for its sales team from Croatia, Finland, and Poland, including regional directors in various Polish cities.
Launch · SE · 07 Aug · —
Nordiska has chosen Finastra's Swift Service Bureau to manage its global Swift connectivity and gain direct access to Sweden's central payment rails, including the Riksbank's RIX RTGS system, with plans for RIX INST instant payments integration next.
Hire · LT · 06 Aug · —
Aspora plans to hire up to 100 people in Vilnius over the next three years.
Hire · FI · 06 Aug · —
Meredith Whittaker joins PostScriptum as a significant hire, bringing her expertise in AI policy and regulation.
Hire · NO · 06 Aug · —
Aiki made its first hire, bringing on Jonathan Fredheim as Customer Manager.
Funding · FI · 06 Aug · EUR 2.2M
SeeTrue Technologies has closed a €2.2 million financing round to commercialise low-power eye-sensing architecture.
Launch · SE · 06 Aug · —
Yubico launched YubiKey 5.8, enhancing hardware-based authentication to include verified authorization for critical decisions.
Exit · EE · 06 Aug · —
Ringy acquires Upgreat, the largest retailer of refurbished smart devices in the Baltics.
Launch · LT · 06 Aug · —
Inventi has joined the Swift Business Connect programme, becoming the first provider of its kind in the Baltic region, enabling banks and licensed financial institutions to access Swift connectivity through its Payments Platform.
Launch · SE · 06 Aug · —
Sporttouchen expanded its channels with 'Kulturtouchen', focusing on entertainment news, gaining 120,000 followers.
Funding · LT · 06 Aug · EUR 8.0M
Mūsa Motors Group received 8 million euros in financing from OP Corporate Bank plc to support the entry of OMODA and JAECOO into the Baltic market.
Launch · LT · 06 Aug · —
Aspora is establishing its European Union operations center in Vilnius and will soon obtain an electronic money institution license in Lithuania.
Funding · LT · 06 Aug · EUR 5.2M
Inevitable AI Group raised €5.2 million in pre-seed funding from Aleph to launch AI-native SaaS companies.
Launch · LV · 06 Aug · EUR 1.0M
SIA Balticfloc is preparing to start the production of insulation boards, requiring significant investments estimated at least one million euros.
Hire · SE · 06 Aug · —
Sporttouchen increased its employee count from four to fifteen, indicating rapid growth and expansion.
Exit · DK · 06 Aug · —
Factbird has sold its majority stake to the European private equity firm Verdane.
Launch · SE · 06 Aug · —
Mobilise has launched Mobilise Platforms & Investments, a new division to help telecom software companies scale through strategic partnerships and investment.
Hire · SE · 05 Aug · —
Cliff Angland took on the role of CEO as a graduation gift, leading to a significant increase in sales.
Hire · NO · 05 Aug · —
Hayon brought in three advisors to the Renteradar service, indicating a focus on expanding their offerings.
Funding · SE · 05 Aug · EUR 3.9M
imagi has secured $4.5 million in seed funding to expand its AI literacy platform for K-12 schools.
Funding · SE · 05 Aug · EUR 6.0M
Aloi raised approximately 6 million euros from a secret VC fund and existing investors to expand its operations.
Launch · LT · 05 Aug · —
Unmanned Defense Systems launched significant updates to its FORECASTER ISTAR reconnaissance drone, including an RF detection system and remote mission control capabilities.
Launch · DK · 05 Aug · —
Farmdroid is launching a new version of their field robot in the autumn.
Launch · FI · 05 Aug · —
Santas Sky Oy is launching a new year-round tourist destination named Halo Arctic Island in Hailuoto, with construction set to begin this fall and expected to welcome guests in June 2027.
Hire · NO · 05 Aug · —
Tor Aleksander Birk has joined Stendr as Principal Hardware Engineer, bringing experience from Remarkable and Squarehead Technology.
Launch · NO · 05 Aug · —
Hayon expanded Renteradar to include unsecured loans and advisory services, indicating a strategic growth initiative.
Funding · DK · 04 Aug · EUR 1.0M
Bikekey received an investment of nearly 7.5 million kroner from Tönnjes International Group to enhance its bicycle registration platform aimed at preventing theft.
Funding · SE · 04 Aug · EUR 1.8M
Aavalynx raised £1.5M to enhance its legal AI services.
Hire · FI · 04 Aug · —
Timo Miiluniemi has been appointed as Siili Solutions' HR director starting September 1, until a new director is found.
Hire · DK · 04 Aug · —
Partisia has appointed Mark Medum Bundgaard as the new CEO following the death of co-founder Kurt Nielsen.
Launch · NO · 04 Aug · EUR 4.1B
Tydal Data Center has secured a multi-billion dollar agreement to construct one of Europe's largest AI data centers, with a contract value of approximately 4.7 billion USD over 16 years.
Exit · EE · 04 Aug · —
Pipedrive has acquired Outfunnel, a startup co-founded by its former marketing chief Andrus Purde.
Launch · SE · 04 Aug · —
Bokadirekt is set to launch 'Bokadirekt Pay', an integrated payment solution for bookings and accounting.
Launch · LT · 04 Aug · —
Rimti launched 'Pirkimai.app', a system that automates public procurement selection, filtering relevant offers and delivering them directly to users' inboxes.
Exit · LV · 04 Aug · —
Patria Latvia has acquired the remaining shareholding in Defence Partnership Latvia, becoming its sole owner.
Launch · LT · 04 Aug · —
Perlas Finance is expanding its payment solutions, particularly the 'Perlas Pay' platform, across the Baltic States and Poland, with significant growth in transaction volumes and user adoption.
Hire · DK · 04 Aug · —
Chelsea Ranger has been hired as Market Lead at Signum, where she will build up their ecosystem in Norway.
Launch · IS · 04 Aug · —
GreenKey specializes in operational services for hotels and accommodations, focusing on optimizing daily operations and developing technological solutions.
Launch · SE · 04 Aug · —
HF Agency has expanded its operations into Norway, Finland, and recently entered the German market, aiming to adapt to new real estate environments.
Launch · NO · 04 Aug · —
Visuado is launching a new solution for virtual viewings of existing properties, allowing users to create viewings directly from their mobile phones without special equipment.
Exit · SE · 04 Aug · —
Bokadirekt was acquired by Wave HoldCo AB, which is majority-owned by Devona Holding SA.
Launch · LT · 04 Aug · EUR 5.0M
BeMyBond launched a bond program for the Gilesta Group housing project 'Miško Rivjera' in Vilnius, with a total issuance of 5 million euros.
Launch · NO · 03 Aug · —
Venture Trondheim has launched a pilot project with Hugin Medical, focusing on capital strategy, financial modeling, pitch decks, and shareholder agreements.
Launch · SE · 03 Aug · —
Hudson Leogrande launched Comfrt, a loungewear and home clothing company, which is on track for an annual revenue of 1 billion dollars.
Launch · LV · 03 Aug · —
Meet Me At The Bar is a dating app designed to facilitate in-person meetings in bars, helping users to connect and start conversations.
Launch · LT · 03 Aug · —
Pdkinematics is developing precision targeting systems that help drones hit targets more accurately even when GPS signals are blocked.
Launch · DK · 03 Aug · —
Greenmobility partners with Weride to introduce driverless cars in Copenhagen by 2027.
Exit · LT · 03 Aug · —
SIRIN Development sold a 16,000 square meter logistics center in the Kaunas Free Economic Zone to the furniture trading company Araneta.
Launch · SE · 03 Aug · —
Najell opened its first two own stores in Copenhagen and Oslo as part of its expansion strategy.
Exit · EE · 03 Aug · —
ZONE MEDIA OÜ was sold to YOUR.ONLINE BALTICS FINACQ OÜ.
Hire · NO · 03 Aug · —
Asbjørn Vagle took on the role of interim CEO of Bikefinder in July after the previous CEO changed jobs.
Funding · DK · 03 Aug · —
Trinor Entertainment closed a new funding round for its game Skyward Masters in just six days, with support from existing and new investors.
Launch · EE · 02 Aug · —
BLOUIT TORDIKÜÜNLAD OÜ launched their edible cake candles, now available in several stores, transitioning from a school project to a profitable business.
Launch · EE · 01 Aug · —
Veski Teod has launched Estonia's first snail farm, producing snail vodka and exporting to Ireland, and has partnered with two restaurants.
Launch · FI · 01 Aug · —
Minifactory's 3D printing technology is being used in the production of parts for the British Army's Challenger 3 battle tanks.
Hire · DK · 01 Aug · —
Michael Le Gerstrøm Rode has been appointed as the new CEO of Partisia Quantum, which has become an independent company as of August 1, 2026.
Launch · LT · 01 Aug · —
Launch of 'Space Snacks', protein-enriched snacks inspired by the European Space Agency, set to reach consumers in August.
Launch · SE · 01 Aug · —
Launch of the new AI company Blaise by former Lovable founders.
Launch · NO · 01 Aug · —
Montreux Film & Television launched the format 'Norges dummeste' which became a viewer success and entered into an international distribution agreement with BBC Studios.
Hire · FI · 01 Aug · —
Jesse Maula appointed as CEO of Sevendos, bringing experience from previous roles at Avidly and Idean.
Launch · FI · 01 Aug · —
Galvatek is expanding to Texas and establishing a unit in Houston, Texas, in August 2026.
Launch · EE · 31 Jul · EUR 50.0M
Greenergy Data Centers is expanding its data center in Estonia with a project worth 50 million euros, increasing its power capacity by 22 MW.
Launch · EE · 31 Jul · —
RayFoil has launched electric surfboards (eFoils) in several European countries.
Launch · NO · 31 Jul · —
Thor Medical is starting commercial production of substances for radiation therapy for cancer.
Funding · NO · 31 Jul · EUR 3.9M
Spond raised 42.5 million Norwegian kroner from existing investors to support growth.
Launch · NO · 31 Jul · —
NoMy is launching commercially in Japan as its first market, with plans to scale and replicate in other countries.
Launch · LT · 31 Jul · —
Eldrive launched a new electric vehicle charging location in Palanga, featuring two 200 kW charging stations near a Rimi store, expanding their network in Lithuania.
Exit · LT · 30 Jul · —
UAB "Diab" is shutting down after failing to compete with Chinese companies, laying off all employees and ceasing operations.
Launch · DK · 30 Jul · —
Bikekey is expanding its digital bike registration system internationally through a partnership with TÖNNJES, leveraging their global network to enter new markets.
Funding · SE · 30 Jul · EUR 5.7M
Perceptron raises $6.5M to build decentralised AI data network.
Funding · NO · 30 Jul · EUR 228K
Syncka raised 2.5 million NOK from investor Svit and its subsidiary Tech Norway to develop their family digital screen product.
Funding · NO · 30 Jul · EUR 523K
Mimir has raised a $600,000 pre-seed round to expand AI automation for e-commerce brands.
Launch · NO · 30 Jul · —
Frode Riis Andersen is starting a new company called Råd & Rykte to help startups with communication tasks.
Funding · FI · 30 Jul · EUR 1.0M
Granarium Technologies has raised one million euros in seed funding to commercialize its supercapacitor technology made from renewable materials.
Launch · EE · 29 Jul · —
Bolt has launched a new feature allowing users to book rides through the ChatGPT AI tool, making it the first mobility service platform in the EU to integrate this capability.
Hire · LT · 29 Jul · —
Žanas Neimantas joined the board of Detonas.
Funding · LV · 29 Jul · EUR 5.5M
OptoElektronika LV is investing more than 5.5 million euros in the construction of its own production facility in Rēzekne, with 5 million euros provided by the European Regional Development Fund.
Funding · LT · 29 Jul · EUR 1.2M
Sigvi raised €1.2 million in pre-seed funding to accelerate product development and international expansion.
Hire · LT · 29 Jul · —
Mindaugas Savickas is joining Hostinger as the Brand and Communications Manager after leaving his position at SEB.
Launch · LT · 29 Jul · —
Vinted is conducting early-stage tests in the U.S. with encouraging initial results.
Launch · LT · 28 Jul · —
Kidstoys.lt offers a range of toys for children, focusing on quick delivery and a unique business model that keeps stock on hand.
Launch · NO · 28 Jul · EUR 91K
Ocean Wind Services is developing a new foundation solution for offshore wind turbines, designed for depths of 70–200 meters, and has spent about 1 million NOK on this development.
Exit · SE · 28 Jul · —
Ophena is being sold to the Danish Trolle Group, which specializes in premium equestrian brands.
Launch · LV · 28 Jul · —
SubMerge Baltics signed a cooperation memorandum with Naval Group for the integration of its autonomous underwater drones into Naval Group's ships.
Funding · FI · 28 Jul · EUR 3.6M
Reduciner has raised 3.6 million euros in funding to build a research center and pilot plant for its technology that converts captured carbon dioxide into fuel.
Hire · NO · 28 Jul · —
Roderick Scotto has been appointed as the temporary CEO of Retyre, succeeding founder Paul Magne Amundsen, who will transition to the role of Chief Strategy Officer.
Launch · EE · 28 Jul · —
Sunly plans to build the largest data center in the Baltics in Risti, with an initial capacity of 180 megawatts, potentially increasing to 400 megawatts.
Launch · FI · 27 Jul · —
The mosquito drone developed by Tornyol identifies the flight of mosquitoes using ultrasound and attacks them. The device is available for pre-order in the United States.
Launch · LT · 27 Jul · EUR 2.2M
Lemon Gym will invest 2.2 million euros in renovations and the setup of a new gym in Kaunas, continuing its expansion efforts.
Launch · LT · 27 Jul · —
Myreader launched an AI-based reading assistant that allows users to upload any book and link it to AI.
Launch · FI · 27 Jul · —
Kuva Space has entered into a memorandum of understanding with Japan’s IHI Corporation to assess the development of a sovereign hyperspectral satellite constellation.
Launch · FI · 27 Jul · —
Framery launched the Gradus product line developed for the North American market, with successful sales beginning, expected to impact revenue significantly no earlier than the first half of 2027.
Hire · SE · 27 Jul · —
Gustav Hasselskog handed over the CEO position at Candela to Sofia Graflund.
Launch · DK · 26 Jul · —
Platoscience has launched a headset approved for medical use by the EU to treat depression.
Launch · SE · 24 Jul · —
Candela is testing its electric hydrofoil technology in Helsinki waters.
Exit · LT · 24 Jul · —
The U.S. company Vance has acquired control of the Lithuanian electronic money institution Hokodo.
Funding · NO · 24 Jul · EUR 652K
Tundra Drone raised 7.1 million NOK to build the team and prepare for production.
Funding · SE · 24 Jul · EUR 2.8M
Scape has raised $3.2 million from Y Combinator, General Catalyst, and FundersClub to launch an intelligent email inbox.
Funding · SE · 24 Jul · EUR 4.0M
Imagilabs has closed a seed round of funding, raising 4.5 million dollars to expand its educational platform.
Hire · EE · 24 Jul · —
Inbank has appointed a new Chief Technology Officer.
Hire · NO · 24 Jul · —
Torun Larsen has joined Tundra Drone as a key hire responsible for production and scaling.
Funding · SE · 24 Jul · —
George, a new startup founded by Mikael Pawlo, has received funding from The Inner Foundation to develop AI tools for democracy.
Launch · DK · 23 Jul · —
Deepvis, founded in 2024, develops AI-based vision systems for industrial quality control and has begun commercializing its technology with its first paying customer, AVK Plast.
Launch · NO · 23 Jul · —
Liberty Now has developed a new solution for remote-controlled postal services in stores, allowing customers to pick up packages after hours.
Launch · LT · 23 Jul · —
Būsto stilius is launching operations at the Peace Business Park, focusing on selling construction and finishing materials with a new physical space for product exhibition and customer consultation.
Launch · NO · 23 Jul · —
1X Technologies launched a pre-sale of its humanoid robots in 2025, preparing for first customer deliveries in 2026.
Funding · NO · 23 Jul · EUR 5.3M
Norwegian climate tech startup EQON has raised a $6 million seed round led by Azolla Ventures and co-led by Wilstar Innovate.
Launch · NO · 23 Jul · —
Light launches its first flip phone, the Light Flip, aimed at users who prefer simplicity over high technology.
Funding · NO · 23 Jul · EUR 1.7M
3LC raised 19 million Norwegian kroner from Spintop Ventures in February.
Launch · LT · 23 Jul · —
Basa pėda has launched a new physical store and warehouse at the Peace Business Park, enhancing their online store operations with a convenient location for customer service and logistics.
Funding · DK · 23 Jul · —
Dropla Tech has secured an undisclosed investment from MITS Capital to support its next phase of growth.
Launch · SE · 22 Jul · —
Corpower Ocean has received the world's first official certification for its wave power plant, marking a significant milestone for the company and the wave power industry.
Launch · SE · 22 Jul · —
Belong officially launches, providing a digital pass for fans to support artists, with new investors joining.
Launch · SE · 22 Jul · —
Mynt partners with Nordea to launch a pan-Nordic SME credit card and spend management platform.
Exit · FI · 22 Jul · —
Mors Software was acquired by the Swedish fund Monterro, which manages approximately €3 billion in assets.
Exit · FI · 22 Jul · —
Safegrid, a Finnish technology company, was sold to G&W Electric, an American company, for millions of euros.
Launch · NO · 22 Jul · —
Monil is targeting the American market with its virtual fencing technology for monitoring cows.
Funding · IS · 21 Jul · —
Sowilo raised pre-seed funding to expand its AI-powered fashion product intelligence platform, Catecut, and support the global launch of its Shopify app.
Launch · FI · 21 Jul · —
Bursalad intends to open a second location with a different concept.
Launch · IS · 21 Jul · —
Sowilo launched its Shopify app for the Catecut platform, enabling global access for online retailers.
Launch · NO · 21 Jul · —
Horde app has launched an AI assistant to help users manage their personal finances more effectively.
Launch · LT · 21 Jul · —
PDKINEMATICS is preparing to launch a new technology addressing critical radio communication issues on the battlefield, aimed for testing and application in Lithuania and Ukraine later this year.
Launch · LV · 21 Jul · —
A new AI tool called 'rakstiviegli.lv' has been launched to convert complex texts into easy language for free, aimed at improving digital accessibility.
Launch · LT · 21 Jul · —
Testing of a new AI technology for self-service checkouts in Rimi stores in Lithuania, aimed at improving product recognition and shopping efficiency.
Exit · NO · 20 Jul · —
Homekey is being acquired by Varner Kapital and Compco from Vergence.
Exit · LV · 20 Jul · EUR 1.3M
Hoppekids acquired the assets of the Danish children's furniture manufacturer M. Schack Engel for 1.3 million euros, which will strengthen its competitiveness in the European market and expand production in Latvia.
Launch · SE · 20 Jul · —
Terra Labs has signed agreements with Sweden's three largest forestry owner associations and is aiming for global expansion.
Launch · SE · 19 Jul · —
Wint has designed a service that allows you to get a ready-to-start company including a bank account, at no extra cost.
Exit · IS · 18 Jul · —
Happy Hydrate has been sold to a group of investors for 300 million krónur.
Funding · NO · 17 Jul · EUR 3.6M
Enua aimed to raise between 40 and 70 million Norwegian kroner in a public offering through Folkeinvest by the end of 2024.
Launch · FI · 17 Jul · —
Slopfix has launched a service to clean up AI-generated code, charging $10,000 a week for their services.
Funding · FI · 17 Jul · —
Oura received a direct investment from Eli Lilly to enhance health monitoring tools and support personalized health care.
Launch · LV · 17 Jul · —
Prime Prometics was designed with North American clients in mind from the start, focusing on high standards of quality, speed, and reliability.
Launch · FI · 17 Jul · —
Steady Energy is launching a project to develop a small nuclear power plant in Jyväskylä, Finland, with a partnership to explore its suitability for district heating.
Hire · NO · 17 Jul · —
Bernd Gutbier is joining Trøndermobil as an investor and board member.
Hire · FI · 17 Jul · —
HappyOrNot has appointed Tim Waterton as CEO, succeeding Miika Mäkitalo after five years in the role.
Hire · NO · 17 Jul · —
Nofence increased its number of employees from 67 to 92 over the past year, and now has 120 employees, including 15 in the USA.
Launch · LT · 17 Jul · —
UAB „Hautica“ officially opened its new factory and administrative premises in the Kaunas Free Economic Zone on July 17.
Launch · LT · 17 Jul · —
SIRIN Development plans to expand with five additional modern buildings in Kaunas LEZ, increasing their total area to over 175,000 square meters.
Hire · DK · 17 Jul · —
Algiecel has appointed Mette Ingeman Pedersen as chief financial officer, strengthening its leadership team.
Launch · NO · 17 Jul · —
Nofence is developing features for its collars that can detect estrus and predict when a cow will calve, aiming to evolve from a fence product to an operating system for meat production and grazing animals.
Funding · FI · 16 Jul · EUR 6.4M
Hyperion Robotics raised €6.4 million in growth funding to expand its robotic microfactories for concrete infrastructure components.
Launch · SE · 16 Jul · —
Flexotrap has achieved substantial growth with its modular bullet trapping system for shooting facilities, reporting a 2025 net revenue of SEK 10 million.
Funding · SE · 16 Jul · EUR 2.0M
InfiniNode Technologies has secured €2 million in a combination of investment and grant funding to accelerate the development of its technology.
Launch · EE · 16 Jul · —
Patchstack has partnered with Hostinger to integrate continuous open-source vulnerability management for Node.js hosting.
Launch · SE · 16 Jul · —
Mylla connects local farmers directly with consumers and achieved a net revenue of SEK 24 million in 2025, turning profitable.
Exit · SE · 16 Jul · EUR 2.3M
Vetted Assets acquires 70% of Criss Bellini for 25 million kronor.
Exit · LT · 16 Jul · —
Lithuanian startup Spike has been acquired by US healthcare platform Raintree.
Launch · LT · 16 Jul · —
Eldrive has launched a new Trip Planning Tool in its app to help users plan longer trips with electric vehicles, available from July 16, 2026.
Funding · FI · 15 Jul · EUR 1.1M
Cornea Sense has secured more than €1.1 million in pre-seed funding to develop non-invasive corneal hydration measurement.
Funding · SE · 15 Jul · EUR 613.7M
Neko Health secured $700 million in a funding round led by OG Ventures, increasing its valuation to nearly $7 billion.
Launch · SE · 15 Jul · —
Liveday introduced an integrated inventory management feature to track real-time stock levels of drinks, snacks, and merchandise.
Launch · NO · 15 Jul · —
Ekoda launches battery storage systems built from surplus batteries sourced from Mercedes-Benz.
Funding · FI · 15 Jul · EUR 1.5M
Donut Lab Development OÜ received nearly 1.5 million euros in grants from the Estonian government for drone development projects.
Funding · SE · 15 Jul · EUR 270K
Liveday has successfully secured €270,000 in new funding from its existing shareholders.
Launch · LT · 15 Jul · —
Blue Bridge launches a new Security Incident Management service to assist organizations in managing cyber incidents effectively.
Funding · FI · 14 Jul · EUR 10.0M
Quanscient has raised 10 million euros in funding to develop quantum computing tools for industrial design.
Funding · DK · 14 Jul · EUR 3.3M
Danish startup Visibuilt raised a 25M DKK (€3.34M) seed round co-led by EIFO and Unconventional Ventures to develop mycelium-based binders for asphalt and paving materials.
Launch · FI · 14 Jul · —
NestAI is launching AI models for defence to help Europe reduce reliance on foreign providers.
Launch · IS · 14 Jul · —
Hopp launched a new version of its app, enhancing user experience with features for easier ride booking and tracking.
Launch · SE · 13 Jul · —
Parkster has signed an agreement with Deutsche Bahn for all parking facilities connected to train stations in Germany, marking a significant expansion into the German market.
Funding · FI · 13 Jul · EUR 12.0M
CurifyLabs bags €12M to automate personalised medicine.
Launch · LV · 13 Jul · —
Silmor developed an innovative thermal and visual camouflage material as its first proprietary dual-use product, co-financed by the European Regional Development Fund and the state budget, in collaboration with the University of Latvia's Institute of Solid State Physics.
Hire · LT · 13 Jul · —
Evelina Milė resigned from her CEO position at a transport company to become the Head of Products and Innovations at NFQ Technologies.
Funding · SE · 13 Jul · EUR 453K
By Banoo raised an additional 5 million kronor in funding to support growth and marketing efforts, with a valuation of over 32 million kronor.
Hire · LT · 13 Jul · —
Daiva Budrikė joins the management team as Marketing Director.
Launch · SE · 13 Jul · —
Rickard Hansson has launched Gainable, a platform that builds apps from spreadsheets without code, aimed at improving workplace efficiency.
Launch · SE · 13 Jul · —
By Banoo launched a wholly-owned American subsidiary, By Banoo Inc., and began selling at Nordstrom and Bloomingdale's, marking their entry into the US market.
Funding · LT · 13 Jul · EUR 113.6M
Oxylabs ends bootstrapped streak after securing €113.6M at €3.1B valuation.
Hire · SE · 12 Jul · —
Patrik 'Totte' Torstenssson left Meta to join Lovable as Engineering Chief.
Launch · NO · 12 Jul · —
Monil launches grazing collars that function as virtual fences and smartwatches for cows, targeting the American market.
Launch · DK · 10 Jul · —
SIEMAS has developed a software system that uses industrial freezers as a flexible energy storage solution, shifting energy consumption to times when electricity is cheaper and produced with a lower carbon footprint.
Funding · LV · 10 Jul · EUR 1.7M
BirdyChat has raised €1.7 million in investment to expand its work communication platform.
Launch · SE · 10 Jul · —
The founding duo of Herbox has started a new company called Blair, bringing in Emelie Feola as a co-owner.
Funding · SE · 09 Jul · EUR 4.1M
Relox Robotics is seeking to raise 45 million SEK to finance international expansion and accelerate growth.
Launch · SE · 09 Jul · —
Levtek deployed its autonomous robot-vehicles at Voi Technology's warehouse, marking the start of a collaboration.
Exit · DK · 09 Jul · —
Omnidocs has acquired Xink, a Danish provider of email signature and campaign management software, marking its sixth acquisition in 2.5 years.
Funding · SE · 09 Jul · —
Levtek has secured funding from multiple investors including Inflection and PSV Tech.
Launch · LV · 08 Jul · —
Nodu Digital SIA received two licenses from Latvijas Banka for crypto-asset services and payment institution operations.
Funding · SE · 08 Jul · EUR 263.1M
Lovable is in talks to raise $300m at a $13.2bn valuation.
Launch · LV · 08 Jul · —
SUBmerge Baltic signed a memorandum of cooperation with Naval Group to integrate their underwater drones with Naval Group's control systems, enhancing interoperability and expanding market applications.
Exit · SE · 08 Jul · —
Norwegian Telenor acquires Bahnhof, a broadband company founded by Jon Karlung.
Launch · IS · 08 Jul · —
Meniga has launched Fini, a financial intelligence layer for banking AI assistants, enabling personalized financial interactions.
Launch · DK · 08 Jul · —
CYKOM is launching a platform that combines community, activities, and communication for users to find and create local events.
Launch · EE · 07 Jul · —
Mifundo partners with Biroul de Credit to enhance cross-border credit data access for European banks, improving assessments for Romanian customers.
Funding · EE · 07 Jul · EUR 470K
Display.dev has secured €470,000 in pre-seed funding to develop its publishing and collaboration platform for AI agents.
Hire · IS · 07 Jul · —
Hugrún Helga Stefánsdóttir has been appointed as the new Marketing Manager for Defend Iceland, focusing on enhancing the company's marketing strategy.
Hire · NO · 06 Jul · —
Remarkable appointed Vegard Gullaksen Veiteberg as the new CEO following a round of cuts and restructuring.
Funding · SE · 06 Jul · EUR 7.3M
Unbounded raised 80 million SEK to boost its cash reserves.
Launch · IS · 03 Jul · —
Launch of 'Icebreaker', a digital travel app for tourists in Iceland.
Funding · DK · 02 Jul · EUR 4.0M
Oktogrid has raised an investment of approximately 30 million Danish kroner to expand into Southern Europe, the UK, Ireland, and North America.
Launch · LT · 02 Jul · EUR 2.4M
Letsinvest launched its first project in Luxembourg, raising 2.4 million euros for the 'Heritage Residences' project.
Launch · SE · 02 Jul · —
Lovisa Worge launches a new e-commerce brand Lagni focused on sunglasses and accessories with her boyfriend Gullek Nilsen.
Funding · NO · 02 Jul · EUR 16.0M
Alva Industries lands €16M to scale next-generation electric motors
Funding · SE · 02 Jul · EUR 650K
BRYM secured €650,000 in pre-seed funding to develop a wearable neurofeedback platform.
Launch · LV · 02 Jul · —
Spotwise launched a free public platform to track political radio advertising in Latvia ahead of the Saeima elections.
Hire · SE · 02 Jul · —
Azra Osmancevic has been dismissed from her CEO position at Costudios during her parental leave due to a reorganization.
Funding · LT · 07 Sep · EUR 543K
Novaturas increased its share capital by issuing new shares, raising 543 thousand euros to strengthen its capital base and support business development.
Funding · DK · 01 Jul · —
CYKOM is entering an investment round to accelerate its international growth.
Funding · NO · 01 Jul · EUR 177K
Bare Bitcoin conducted a capital raise of 2 million kroner at a valuation of 35 million kroner.
Launch · DK · 01 Jul · —
Sovera Security is launching an AI-native platform aimed at providing European companies with control over data and security decisions.
Exit · FI · 01 Jul · —
Kreos Capital acquired shares in IQM Quantum Computers as part of a financing arrangement.
[replay replay-stranded-2026-08-10] merged from 4 reports across 3 outlet(s)
Funding · DK · 01 Jul · EUR 2.5M
MedicQuant receives 2.5 million euros in EU support for clinical validation of its rapid test for stroke patients.
Exit · DK · 01 Jul · —
Accenture is acquiring Mjølner Informatics from Norlys, with approximately 400 specialists expected to join Accenture Denmark.
Funding · SE · 01 Jul · EUR 2.5M
Swedish startup Digiclean secures €2.5 million seed for manufacturing process optimisation
Launch · FI · 01 Jul · EUR 8.0M
Merus Power will deliver an energy storage system worth over €8 million to Exilion at the Varevaara wind farm in Tervola.
Launch · DK · 01 Jul · —
KIME launched AWX (Agentic Workforce Execution), an agentic module for automated actions based on AI advertising tracking.
Launch · LV · 01 Jul · —
Eleving Group commenced operations in South Africa, opening its first branch in Cape Town, marking its expansion into the 18th market.
Exit · SE · 01 Jul · EUR 1.7B
Klarna won $1.97 billion in antitrust damages against Google.
Exit · EE · 30 Jun · —
Kriptomat has ceased providing all regulated services and is in the process of shutting down its platform, transitioning to a read-only phase.
Funding · LV · 29 Jun · EUR 526K
Adsmom raised more than USD 600,000 from private investors and venture funds, including 500 Global, to expand its AI ad-intelligence platform across Europe.
Hire · SE · 29 Jun · —
Fredrik Rinaldo joins Prac as a co-owner, bringing expertise from Front Agency to enhance marketing and growth.
Launch · FI · 26 Jun · —
Perfat Technologies unveiled a high-fibre oleogel made from sunflower oil as a solid-fat alternative for food manufacturers.
Funding · SE · 25 Jun · EUR 450K
MiMove secured €450,000 in funding to expand its real estate platform across Southern Europe.
Funding · DK · 25 Jun · EUR 1.4M
Serpier raises 10.5 million DKK from True Collective and EIFO to develop its AI agent Navi for webshop marketing automation.
Hire · DK · 25 Jun · —
Barma has brought in former EQT partner Kasper Grundtvig Knokgaard as an investor to accelerate growth in Europe.
Launch · SE · 24 Jun · —
Ester Care is leveraging AI to create a scalable business model aimed at improving women's financial and health outcomes.
Funding · SE · 24 Jun · EUR 1.4B
Stegra closed a €1.4 billion financing round led by a Wallenberg Investments consortium, with broad support from existing shareholders and lenders, to complete its Boden plant.
Launch · DK · 24 Jun · —
Pleo launched AI agents for finance departments to automate routine tasks and improve spend management.
Launch · LV · 20 Jun · —
CarrierTrust has launched a reputation network platform for the European transport and logistics industry, helping companies verify partners and assess risks before collaboration.
Funding · LT · 18 Jun · EUR 5.0M
Pioneera Biosciences raised over €5 million in its latest funding round.
Hire · SE · 18 Jun · —
David Fant becomes co-founder of a new AI startup founded by Gabriel Petersson.
Hire · SE · 17 Jun · —
Qliro AB appointed Evelin Kaup as Deputy CEO effective 17 June 2026.
Funding · SE · 17 Jun · EUR 643K
Ester Care raised 7 million kronor in a new share issue to enhance women's health services.
Funding · LT · 17 Jun · EUR 2.0M
PDKINEMATICS received funding through the 'Defense Innovation Vouchers' to develop advanced precision targeting systems for military use.
Launch · EE · 16 Jun · —
Bolt is launching an autonomous mobility pilot programme in Luxembourg.
Launch · SE · 11 Jun · —
Snöboll is an investment company launched by Nordic Angels' leaders, aiming to acquire tech portfolios and go public within 18 months.
Funding · EE · 10 Jun · EUR 1.6M
Nanordica Medical has raised €1.6 million to launch its nanotech dressing for chronic wound healing.
Launch · EE · 09 Jun · —
Cellin Technologies is advancing a cell-therapy treatment that stimulates the body to grow new blood vessels, helping patients avoid amputation.
Funding · FI · 09 Jun · EUR 450.0M
ICEYE raised exactly €450 million in primary Series F financing led by General Atlantic at a valuation above €10 billion; together with a secondary placement, the overall transaction exceeded €1 billion.
Exit · SE · 08 Jun · —
Vetted Assets acquired 51% of Andy Okay, an e-commerce platform selling art and connecting artists with charity.
Launch · SE · 02 Jun · —
Tandela, an AI startup, has been accepted into Y Combinator to innovate in a billion-dollar industry.
Launch · SE · 01 Jun · —
Mentimeter provided an interactive platform for volunteers to engage during the Pope's visit, allowing real-time feedback through a word cloud display.
Launch · DK · 01 Jun · —
INCUBA takes over the management and development of the Partner House in Aarhus to strengthen the connection between research, startups, and businesses.
Launch · LT · 01 Jun · —
Energy Balancing began providing balancing services using its own virtual power plant, allowing it to purchase electricity from producers and trade it on the exchange while participating in balancing markets.
Funding · NO · 29 May · —
A new Equip Capital-managed fund led by Goldman Sachs Alternatives acquired a majority stake in Ryde and made additional growth capital available; Equip Fund I, founders, management and minority shareholders remained invested.
Launch · SE · 25 May · —
Modern Caveman, co-founded by Fredde Granberg and Jesper Prim, is launching its first game 'Flush Kingdom' in autumn 2027.
Launch · EE · 08 May · —
DefsecIntel has delivered three mobile surveillance systems to enhance border surveillance capabilities.
Exit · EE · 20 May · —
PLG Group signed an agreement to acquire iaBilet, a leading ticket sales platform in Romania, from Resource Partners.
Launch · SE · 09 May · —
Fredric Bohm launches You&, a dating app that uses AI to help users find sustainable relationships.
Exit · SE · 08 May · —
Valu8 was acquired by Datasite, with representatives from Datasite taking seats on Valu8's board and previous owners leaving their positions.
Funding · DK · 08 May · EUR 15.0M
Copenhagen’s Reel raises €15 million to make renewable energy predictable for businesses and profitable for producers.
Funding · DK · 08 May · —
Ardos has raised investment from Delphinus Venture Capital for its software platform DoseTracker, aimed at improving cancer treatment precision.
Exit · FI · 08 May · —
The final result of Rite Ventures' mandatory tender offer showed 1,491,263 Lemonsoft shares accepted, representing approximately 8.38% of outstanding voting rights; together with shares already held, the offerors controlled approximately 58.94%. The release did not state an aggregate transaction consideration.
Hire · LT · 08 May · —
Mantas Kuncaitis has resigned from his position as the CEO of SBA Urban after 7 months of service. L. Šepetys resumes his role as head of the company.
Exit · EE · 08 May · —
Estonian Taavet Hinrikus among new owners of NBA's Portland Trail Blazers
Funding · SE · 07 May · EUR 30.0M
SWEBAL raises €30 million to build Sweden’s first TNT facility and strengthen NATO ammunition supply.
Funding · SE · 07 May · EUR 3.0M
Skogsdrönare from Uppsala has raised 33 million SEK in funding.
Launch · NO · 07 May · —
BeBalanced, a new AI service for mental health support, was launched to assist young people facing mental health challenges.
Hire · DK · 07 May · —
Stella Energy appoints Peter Bardenfleth-Hansen as the new CEO to lead the company into its next growth phase.
Launch · SE · 07 May · EUR 13.6M
Pit operates as an AI product team-as-a-service, learning how companies function and building systems to support their operations.
Funding · SE · 07 May · EUR 14.1M
Pit raised EUR 14.1M in seed, led by Andreessen Horowitz.
Exit · SE · 07 May · —
MW Group has acquired 60% of Link 22, a cybersecurity company.
Funding · DK · 07 May · EUR 669K
Aksel.nu secures over five million DKK in funding from existing and new investors to scale its platform for private car sales.
Launch · SE · 07 May · —
Pit launched its 'AI product team as a service' to help businesses implement AI effectively.
Hire · NO · 06 May · —
Marie Kristin Bentzen appointed as new Country Manager for Evidi, coming from Sopra Steria.
Launch · LV · 06 May · —
BirdyChat has opened access to 50,000 users across Europe and the UK, providing a dedicated space for business messaging.
Funding · NO · 05 May · EUR 7.7M
Moritz raised a $9m pre-seed round to build an AI-native law firm.
Funding · FI · 04 May · —
Finnish Geopyörä closes seed round to scale breakage testing technology.
Funding · FI · 04 May · EUR 3.6M
Finland’s TheStorage raises €3.6 million seed to commercialise sand-based energy storage.
Funding · SE · 01 May · EUR 921K
Erik Selin invests several tens of millions of kronor in Din Bostad, a new housing platform.
Launch · FI · 01 May · —
Metaktik has launched a new technology for military use, integrating flexible antennas into vessels and vehicles.
Launch · LV · 30 Apr · —
Tyana.app is launching a personal AI nutritionist that recognizes meals and suggests recipes based on user inventory and preferences.
Funding · SE · 30 Apr · EUR 42.0M
Legora raised EUR 42.0M in Series D.
Funding · FI · 29 Apr · EUR 683K
Atech raised $800K in pre-seed funding to simplify hardware prototyping.
Launch · SE · 29 Apr · —
Lovable has launched its mobile app for AI coding on both the App Store and Google Play.
Funding · FI · 29 Apr · EUR 3.8M
Finland’s Realm raises $4.5 million seed to automate enterprise sales workflows
Launch · LV · 28 Apr · —
Capture Study has launched a platform aimed at improving the efficiency of clinical trials by simplifying the creation of survey questionnaires for doctors and patients.
Funding · DK · 28 Apr · EUR 12.0M
Performativ raised EUR 12.0M in Series A, led by Deutsche Börse Group.
Funding · NO · 28 Apr · EUR 5.3M
OTee raised EUR 5.3M in seed, led by North Ventures.
Funding · SE · 28 Apr · EUR 6.8M
Redpine raised EUR 6.8M in seed, led by NordicNinja VC.
Funding · LT · 28 Apr · EUR 8.0M
LITILIT has received an €8 million loan to develop its FEMODA platform for femtosecond lasers.
Funding · FI · 24 Apr · EUR 99.9M
Verda raised $117 million in funding.
Exit · SE · 16 Apr · EUR 535.5M
SAGA Diagnostics, acquisition by Roche for EUR 535.5M.
Funding · DK · 16 Apr · EUR 3.6M
Danish Flare secures €3.6 million pre-seed to build trust layer for the AI internet
Funding · LT · 15 Apr · EUR 2.0M
Outcraft AI raised EUR 2.0M in pre-seed, led by Practica Capital.
Funding · NO · 15 Apr · EUR 4.8M
Stendr raised EUR 4.8M in pre-seed.
Funding · FI · 14 Apr · EUR 15.0M
Kelluu raised EUR 15.0M in Series A, led by NATO Innovation Fund.
Funding · EE · 08 Apr · EUR 3.0M
Handhold raised EUR 3.0M in seed, led by Entourage Capital.
Funding · FI · 08 Apr · EUR 6.8M
Treon raised EUR 6.8M in Series A, led by ACME Capital.
Launch · LV · 07 Apr · —
Sonarworks launched the SoundID Tools app in partnership with Dolby, enabling Dolby Atmos Personalization for creators.
Launch · EE · 07 Apr · —
ÄIO and tilk! launched the Skin Booster Bio-Fermented Serum with ÄIO RedOil, marking a significant step in their collaboration and the cosmetics industry.
Exit · FI · 02 Apr · —
Atol Aviation, acquisition by Sensofusion.
Funding · FI · 01 Apr · EUR 10.0M
3TS Capital announced a €10 million investment in Wamo.
Funding · LV · 01 Apr · EUR 388K
Latvian AI startup Spotwise raised 450,000 USD in a pre-seed round led by Outlast Fund, with support from BADideas.fund and 500 Global, following its pitch at TechChill 2026. The round will help the broadcast sales and analytics platform expand across Europe.
Funding · LT · 31 Mar · EUR 22.0M
Exercise Investment, operator of the Lemon Gym club chain, issued a EUR 22 million bond at the end of March 2026 to finance expansion across the Baltic states. The bonds were acquired by funds managed by Polish private debt investor CVI.
Launch · LV · 31 Mar · EUR 130.0M
SIA "ASNS Ingredient" is launching a pea protein plant in Jelgava, Latvia, with a total investment of approximately €130 million, aiming to start production in 2027.
Funding · FI · 30 Mar · EUR 50.0M
IQM Quantum Computers raised EUR 50.0M in strategic, led by BlackRock.
Funding · FI · 30 Mar · EUR 1.0M
Aalto University spin-off Metaktik secured EUR 1M in pre-seed funding backed by Maki.vc to commercialise lightweight metasurface antennas for defence, aerospace and telecom markets.
Launch · IS · 14 Mar · —
HILDA is a digital solution that helps parents prepare for doctor’s appointments for their children by mapping the child’s issues and answering key questions in advance.
Hire · LT · 25 Mar · —
Oxylabs announced a leadership transition in which founder Julius Cerniauskas moves to Chairman of the Board and Vytautas Savickas becomes CEO of the Oxylabs group starting the following quarter.
Funding · NO · 23 Mar · EUR 34.5M
Lace Lithography raised EUR 34.5M in Series A.
Exit · LV · 19 Mar · —
Helve is merging with Civitta, enhancing their service offerings and market reach.
Funding · SE · 10 Mar · EUR 484.0M
Legora raised EUR 484.0M in Series D, led by Accel.
Launch · LV · 09 Mar · —
Tilde launched its TildeOpen LLM for translation, integrating it into a machine translation platform for public use.
Launch · EE · 06 Mar · —
ALPA Kids is building the ALPA Voice Lab to develop speech-based learning tools in children's native languages, enhancing AI's support for language learning.
Exit · FI · 05 Mar · —
Doublepoint, acquisition by Oura.
Funding · NO · 04 Mar · EUR 15.0M
Photoncycle raised EUR 15.0M in Series A.
Funding · IS · 26 Feb · EUR 18.0M
Reykjavik Geothermal raised EUR 18.0M in Series B, led by Innviðir fjárfestingar II.
Funding · SE · 25 Feb · EUR 2.5M
Flox Intelligence raised a EUR 2.5 million Seed+ round led by Tilia Impact Ventures to accelerate North American deployment of its wildlife-intelligence systems.
Funding · EE · 24 Feb · EUR 30.0M
Frankenburg Technologies raised EUR 30.0M in Series A, led by Plural.
Exit · FI · 22 Feb · —
IQM Quantum Computers, merger by Real Asset Acquisition Corp.
Funding · DK · 20 Feb · EUR 4.0M
REDUCED raised EUR 4.0M in Series A, led by Delphinus Venture Capital.
Funding · SE · 19 Feb · EUR 8.4M
Agaton raised EUR 8.4M in seed.
Funding · LV · 15 Feb · EUR 250K
Natrix raised EUR 250k in pre-seed.
Funding · FI · 05 Feb · EUR 6.0M
Vexlum raised EUR 6.0M in seed, led by Kvanted.
Funding · LT · 04 Feb · EUR 5.0M
Axiology raised EUR 5.0M in seed.
Funding · SE · 02 Feb · EUR 12.0M
Bits raised EUR 12.0M in Series A, led by Alstin Capital.
Funding · DK · 01 Feb · EUR 2.9M
MedicQuant completed a DKK 22 million seed round led by Delphinus Venture Capital, with business angels and follow on investment from the Export and Investment Fund of Denmark.
Hire · SE · 30 Jan · —
Nanna Hedlund steps down as temporary CEO of Djerf Avenue and will join the board instead.
Funding · SE · 27 Jan · EUR 7.4M
Brickanta raised EUR 7.4M in seed, led by Northzone.
Funding · DK · 26 Jan · EUR 2.0M
Copenhagen AI search-visibility startup KIME raised a EUR 2 million pre-seed round led by PSV Tech, with participation from Nordic Makers and Copenhagen/Stockholm-based angel investors.
Funding · EE · 15 Jan · EUR 2.2M
BetterPic raised EUR 2.2M in seed.
Funding · LT · 12 Jan · —
Cast AI raised an undisclosed amount in strategic, led by Pacific Alliance Ventures.
Hire · SE · 01 Jan · —
Åsa Holstein took over as the new CEO of Preglife after Philip Söderholm.
Launch · SE · 31 Dec · —
Appostrophe's app Scrl reached third place on the list of the most downloaded apps on the American App Store on New Year's Eve 2025.
Funding · SE · 23 Dec · EUR 259K
Lis Bonne Atelier received an injection of approximately 2.8 million SEK from its owners to cover losses.
Exit · EE · 19 Dec · —
Ready Player Me, acquisition by Netflix.
Funding · LV · 19 Dec · EUR 1.2M
Nodu raised EUR 1.2M in pre-seed.
Funding · DK · 18 Dec · EUR 6.8M
Cordulus raised EUR 6.8M in Series A, led by Delphinus Venture Capital.
Funding · SE · 18 Dec · EUR 297.0M
Lovable raised EUR 297.0M in Series B.
Funding · SE · 18 Dec · EUR 18.0M
Endra raised EUR 18.0M in seed, led by Notion Capital.
Hire · SE · 12 Dec · —
Amanda AI appointed Charlotte Berg as CEO effective January 1, 2026, succeeding co-founder Goran Palm, who remains with the company to focus on sales and business development. Berg had served as the company's COO for the prior year.
Funding · NO · 11 Dec · EUR 8.0M
Spoor raised EUR 8.0M in Series A, led by SET Ventures.
Funding · NO · 09 Dec · —
Samsung Electro-Mechanics made an undisclosed multi million euro investment in Alva Industries through Samsung Ventures in December 2025, ahead of Alva's later EUR 16M equity round. The investment was later converted into equity as part of that round.
Exit · FI · 08 Dec · EUR 50.0M
ICEYE completed a €50 million secondary share sale for early investors alongside its separate €150 million primary equity round.
Funding · FI · 08 Dec · EUR 150.0M
ICEYE raised €150 million in new equity led by General Catalyst at a €2.4 billion valuation; a separate €50 million secondary sale for early investors accompanied the transaction.
Funding · FI · 04 Dec · EUR 200.1M
Framery Group Plc listed on the Official List of Nasdaq Helsinki on 4 December 2025, pricing its IPO at EUR 8.00 per share for a total offer size of about EUR 200 million and a post listing valuation of roughly EUR 633 million. The offering combined a EUR 20 million primary share issue with a secondary sale by existing shareholders.
Funding · DK · 01 Dec · EUR 27.5M
Sparrow Quantum raised EUR 27.5M in Series A.
Exit · LT · 28 Nov · —
Investment firm Aggressive Capital, through its newly formed Longevity Fund vehicle, filed for approval to acquire an 88.1 percent stake in Exercise Investment, the holding company operating the Impuls and Lemon Gym fitness club chains in Lithuania. The filing was reported on November 28, 2025 and required clearance from Lithuania's Competition Council.
Funding · NO · 27 Nov · EUR 3.5M
Noteless raised EUR 3.5M in seed, led by Redstone.
Funding · FI · 27 Nov · EUR 7.5M
Gosta Labs raised EUR 7.5M in seed, led by Voima Ventures.
Funding · DK · 26 Nov · EUR 1.9M
Noahs raised EUR 1.9M in seed.
Exit · LV · 25 Nov · EUR 27.0M
TestDevLab, acquisition by Xoriant for EUR 27.0M.
Funding · FI · 20 Nov · EUR 100.0M
NestAI raised EUR 100.0M in strategic.
Funding · FI · 19 Nov · EUR 5.0M
Nordic development finance institution Nefco provided EUR 5 million in debt financing to Merus Power to support its international expansion into Northern and Central Europe, partly backed by the European Investment Fund. This is separate from the company's July 2026 launch event already on file.
Funding · DK · 16 Nov · EUR 145.0M
Flatpay raised EUR 145.0M in Series C.
Exit · SE · 12 Nov · —
Einride, merger by Legato Merger Corp III.
Funding · LT · 01 Nov · EUR 540K
CBRX raised EUR 540k in pre-seed.
Funding · LT · 31 Oct · EUR 1.1M
Luna Robotics raised €1.08 million from Coinvest Capital, Plug & Play EMEA Ventures GmbH, and international business angels to advance its defense tech innovation.
Funding · SE · 30 Oct · EUR 135.0M
Legora raised EUR 135.0M in Series C, led by Bessemer Venture Partners.
Funding · LV · 28 Oct · EUR 1.1M
Desktop Commander raised EUR 1.1M in pre-seed, led by 42CAP.
Funding · LT · 20 Oct · EUR 30.0M
nexos.ai raised EUR 30.0M in Series A.
Funding · LT · 20 Oct · EUR 30.0M
Vilnius based nexos.ai (Nexus AI), founded by Nord Security co-founders Tomas Okmanas and Eimantas Sabaliauskas, raised a EUR 30M Series A led by Index Ventures and Evantic Capital, with seed backers Creandum and Dig Ventures also participating. The round valued the company at roughly EUR 300M, six months after its seed round.
Funding · LV · 17 Oct · EUR 275.0M
Eleving Group issued a EUR 275 million senior secured 2025/2030 Eurobond carrying a 9.5% annual coupon, the largest bond issuance in the group's history. Proceeds refinanced the 2021 EUR 150 million bond and part of Mintos liabilities, and the notes listed on Nasdaq Riga and the Frankfurt Stock Exchange.
Funding · LV · 15 Oct · EUR 96K
Adsmom raised EUR 96k in pre-seed, led by 500 Global.
Funding · EE · 15 Oct · EUR 45.0M
Starship Technologies raised EUR 45.0M in Series C, led by Plural.
Exit · EE · 14 Oct · —
Striga, acquisition by Lightspark.
Funding · FI · 14 Oct · EUR 777.0M
Oura raised EUR 777.0M in Series E, led by Fidelity Management & Research Company.
Launch · LV · 01 Oct · —
Andele Mandele has integrated Tilde's machine translation API, doubling the number of transactions from Lithuania and Estonia by automatically translating user-generated content, thus overcoming language barriers.
Funding · SE · 01 Oct · EUR 90.0M
Einride raised EUR 90.0M in Series D, led by Northzone.
Funding · SE · 24 Sep · EUR 2.3M
Cetasol raised EUR 2.3M in seed.
Funding · SE · 23 Sep · EUR 1.1M
Redpine raised USD 1.3 million from technology-sector angels to launch its platform for supplying AI builders with licensed premium data.
Exit · SE · 16 Sep · EUR 990.0M
Sana, acquisition by Workday for EUR 990.0M.
Funding · FI · 11 Sep · EUR 8.0M
ONEiO raised EUR 8.0M in Series B, led by Bocap.
Exit · SE · 10 Sep · EUR 1.2B
Klarna, ipo for EUR 1233.0M.
Funding · FI · 10 Sep · EUR 2.5M
Perfat Technologies raised EUR 2.5M in Series A.
Funding · FI · 03 Sep · EUR 275.0M
IQM Quantum Computers raised EUR 275.0M in Series B, led by Ten Eleven Ventures.
Funding · LT · 01 Sep · —
Veli raised an undisclosed amount in seed, led by Omorika Ventures.
Funding · DK · 29 Aug · EUR 4.7M
Moxso raised EUR 4.7M in seed, led by Seed Capital.
Funding · LV · 28 Aug · EUR 680K
Tournated raised EUR 680k in seed.
Funding · LT · 26 Aug · —
Creem raised an undisclosed amount in pre-seed, led by Practica Capital.
Funding · SE · 21 Aug · EUR 1.5B
Klarna raised EUR 1467.0M in debt.
Funding · DK · 19 Aug · EUR 2.4M
Dropla Tech, a Danish-Ukrainian startup, raised EUR 2.4 million in a pre-seed round backed by Maj Invest Holding, EIFO, and Final Frontier to develop its AI based mine and explosive detection technology.
Launch · DK · 12 Aug · —
Ambient Carbon announced the first large-scale dairy-barn field validation of its MEPS methane-eradication system after tests destroyed up to 90% of inlet-air methane.
Funding · LT · 11 Aug · —
GREÏ raised an undisclosed amount in pre-seed.
Funding · SE · 11 Aug · EUR 150.0M
Aira raised EUR 150.0M in Series C.
Funding · LV · 07 Aug · EUR 3.3M
Cellbox Labs raised EUR 3.3M in seed.
Funding · SE · 07 Aug · —
Flox closed an oversubscribed seed round of nearly EUR 1 million led by Unconventional Ventures, with Norrsken Accelerate and its pre-seed investors participating.
Launch · IS · 06 Aug · —
Prescriby is working to open a specialized tapering clinic in the United States, expanding its digital health solutions for medication tapering.
Funding · LV · 01 Aug · EUR 3.6M
Handwave raised EUR 3.6M in seed, led by Practica Capital.
Funding · EE · 24 Jul · EUR 20.7M
Lightyear raised EUR 20.7M in Series B.
Funding · SE · 17 Jul · EUR 180.0M
Lovable raised EUR 180.0M in Series A, led by Accel.
Funding · NO · 11 Jul · EUR 13.0M
Two raised EUR 13.0M in Series A.
Funding · FI · 07 Jul · EUR 25.0M
Donut Lab raised EUR 25.0M in seed.
Funding · SE · 03 Jul · EUR 2.5M
Nordic Air Defence raised EUR 2.5M in pre-seed, led by Inflection.
Funding · IS · 03 Jul · —
Received a market development grant for business development for forest measurement software.
Funding · IS · 03 Jul · —
Received a seed grant for developing an AI solution for the tourism industry.
Funding · IS · 03 Jul · —
Received a grant for further development of its AI-based solution for drug marketing authorization.
Funding · IS · 03 Jul · —
Received a grant for its project on Circular Economy Sharing Systems.
Funding · IS · 03 Jul · —
Received a grant for research and development on the utilization of textile waste and wool in Iceland.
Funding · IS · 03 Jul · —
Received a grant for market entry to increase visibility in the film industry.
Funding · IS · 03 Jul · —
Received a grant to develop Vistbók, a smart database service for the environmental impact of building materials.
Funding · IS · 03 Jul · —
Received a seed grant for developing solutions to extend independent living for the elderly.
Exit · SE · 01 Jul · —
Billhop was acquired by American Ramp in July 2025, with the formal takeover occurring in February 2026.
Funding · FI · 19 Jun · EUR 41.1M
Business Finland awarded ICEYE €41.1 million for R&D, comprising €5.7 million in non-dilutive grants and €35.4 million in development loans, as part of ICEYE's larger investment program.
Funding · FI · 18 Jun · EUR 10.0M
Swarmia raised EUR 10.0M in Series A.
Funding · NO · 18 Jun · EUR 5.0M
ONiO raised EUR 5.0M in Series A.
Funding · SE · 16 Jun · EUR 4.0M
Studio555 raised EUR 4.0M in seed.
Funding · SE · 12 Jun · EUR 2.5M
Engrate raised EUR 2.5M in seed, led by Maniv.
Funding · LT · 10 Jun · EUR 1.6M
Traxlo raised EUR 1.6M in seed, led by Coinvest Capital.
Funding · LT · 10 Jun · EUR 14.9M
sintra.ai raised EUR 14.9M in seed, led by Earlybird VC.
Funding · EE · 09 Jun · EUR 47.3M
Pactum raised EUR 47.3M in Series C, led by Insight Partners.
Funding · EE · 06 Jun · EUR 5.6M
Lendurai raised EUR 5.6M in seed.
Funding · LV · 03 Jun · EUR 54.0M
Aerones raised EUR 54.0M in Series B.
Funding · SE · 02 Jun · EUR 3.0M
Endra raised a EUR 3M pre-seed round from investors including Vito One, Johan Edenström, Simon De Château, the Höglund brothers, and Oljibe Invest.
Funding · LT · 01 Jun · EUR 2.0M
Repsense raised EUR 2.0M in seed.
Funding · FI · 28 May · EUR 11.2M
Inven raised EUR 11.2M in Series A.
Funding · SE · 21 May · EUR 72.0M
Legora raised EUR 72.0M in Series B.
Funding · FI · 01 May · EUR 8.5M
Safegrid raised 8.5 million euros in funding to expand into the U.S. market.
Funding · LT · 30 Apr · EUR 95.0M
Cast AI closed an oversubscribed $108 million Series C co-led by G2 Venture Partners and SoftBank Vision Fund 2, with Aglaé Ventures and existing investors participating, to scale application-performance automation.
Funding · EE · 28 Mar · EUR 4.0M
Frankenburg Technologies secured EUR 4M, split equally between Blossom Capital II LP and existing investor Shellona Ltd.
Launch · LV · 25 Feb · —
Natrix's modular unmanned ground platforms began operating in Ukraine, carrying frontline supplies and evacuating wounded personnel.
Funding · LV · 12 Feb · EUR 50K
Tournated secured a EUR 50K investment from the Latvian Business Angels Network to accelerate international growth of its sports-management platform.
Funding · LT · 27 Jan · EUR 22.7M
Atrandi Biosciences secured €22.7 million in funding, placing third in investment size in Lithuania.
Funding · LT · 22 Jan · EUR 7.7M
nexos.ai raised USD 8M led by Index Ventures, with participation from Creandum, Dig Ventures, and technology-industry angel investors.
Funding · LT · 15 Jan · EUR 7.8M
Nexus AI raised €30 million in funding, ranking second by investment size in Lithuania.
Funding · DK · 14 Jan · —
Capital D acquired a significant stake in GoWish, known as Ønskeskyen in Denmark, through an undisclosed capital increase and partial buyout; existing investors reinvested.
Exit · NO · 13 Jan · EUR 138.7M
SpinChip agreed to be acquired in full by bioMérieux at a total enterprise value of NOK 1.624 billion.
Funding · FI · 18 Dec · EUR 61.9M
ICEYE closed a $65 million debt-and-equity extension to its April growth round, bringing its total raised during 2024 to $158 million.
Funding · FI · 16 Dec · EUR 347.7M
Hostaway received a $365 million investment from General Atlantic and PSG Equity at a valuation of $925 million at the end of 2024.
Funding · SE · 11 Dec · EUR 22.0M
Mynt closed a EUR 22 million Series B round led by Vor Capital to fund UK and European expansion of its corporate spend management platform.
Launch · SE · 05 Dec · —
Uniplay launched its fully game-based, AI-powered learning management system for corporate training.
Funding · SE · 12 Nov · EUR 1.2M
Nordic Air Defence secured EUR 1.2 million led by SNÖ Ventures in the second close of a strategic round to advance its supply-chain-independent drone-defence technology.
Funding · SE · 30 Oct · EUR 50.9M
Sana Labs raised a USD 55 million Series C round led by New Enterprise Associates at a USD 500 million valuation, alongside acquiring workflow automation startup CTRL. This predates the September 2025 Workday acquisition already on record.
Exit · SE · 25 Oct · —
Shares worth several hundred million are changing hands in the SaaS company Soundtrack.
Exit · LT · 24 Oct · EUR 340.0M
Vinted completed a €340 million secondary share sale led by TPG, providing liquidity to existing holders and valuing the company at €5 billion.
Hire · NO · 22 Oct · —
Odins.ai has appointed Line Grønnestad from Boston Consulting Group as the head of customer deliveries.
Funding · SE · 16 Oct · EUR 63.0M
Aira added EUR 63M to its Series B from existing investors Temasek, Statkraft Ventures, Kinnevik and Altor.
Funding · SE · 15 Oct · EUR 832K
Nordic Forestry Automation and industry partners were awarded SEK 9.4 million from Vinnova to develop next-generation AI-based operator support for harvesters. The project, which includes Sveaskog, Sodra, SLU, Skogforsk, Chalmers Industrial Technology and BOID, runs until July 2026.
Funding · EE · 24 Sep · EUR 6.1M
AIO raised EUR 6.1 million to build a demonstration plant in Estonia for sustainable fats and oils production. Voima Ventures, 2C Ventures, SmartCap and Nordic Foodtech VC participated with no single investor named as lead.
Funding · EE · 20 Sep · EUR 4.5M
Patchstack raised a USD 5 million Series A round backed by Karma Ventures, G+D Ventures and Emilia Capital, the investment firm founded by Yoast co-founders. Funds were earmarked for product development and a sales and marketing team.
Funding · SE · 18 Sep · EUR 106.0M
The Swedish Energy Agency granted Stegra SEK 1.2 billion in state aid through the Industrial Leap programme to build its integrated low-carbon steel plant; the aid had European Commission approval.
Exit · SE · 18 Sep · —
Ridesum has filed for bankruptcy due to insufficient funds despite raising 43.5 million SEK and having a significant user base.
Funding · DK · 17 Sep · —
Ambient Carbon raised an undisclosed seed investment from Exascale Fund.
Funding · FI · 16 Sep · EUR 1.2M
Gosta Labs raised EUR 1.2 million in pre-seed funding from Cor Group and health-sector angels to reduce clinicians' documentation workload with ambient AI.
Funding · LT · 03 Sep · EUR 315K
Lithuanian EdTech startup Alfa erdvė raised EUR 315,000 from business angels in its first external early-stage round to accelerate its AI-based mathematics learning platform.
Hire · SE · 02 Sep · —
Madeleine Munkhammar takes over as CEO of PS of Sweden after the founder sold his shares and the company faced significant losses.
Launch · IS · 12 Jul · —
TAPP is a comprehensive platform for the gig economy, simplifying project management and financial oversight.
Launch · IS · 12 Jul · —
Thorexa designs software that simplifies email responses with the help of artificial intelligence.
Launch · IS · 12 Jul · —
FairGame is software for children's and youth sports tournaments, putting the experience of children first.
Launch · IS · 12 Jul · —
Massif Network aims to become the ultimate destination for producers and creative professionals to discover, research, and organize shoots at remote locations.
Launch · IS · 12 Jul · —
VibEvent unites all participants in music events on a community-driven platform that connects musicians, audiences, and organizers.
Launch · IS · 12 Jul · —
Neurotic makes data management simple and enjoyable with a user-friendly platform.
Launch · IS · 12 Jul · —
Medvit Health creates expert medical systems that support healthcare workers in the diagnostic process and patient treatment.
Launch · IS · 12 Jul · —
JarðarGreining specializes in developing ground-penetrating radar (GPR) devices that use electromagnetic waves to obtain information and internal properties of the top meters of the earth without disturbing the surface.
Launch · IS · 12 Jul · —
The Gyna-app is a comprehensive app tailored to women's health, helping women keep track of health factors.
Launch · IS · 12 Jul · —
GrowthApp is the simplest and most complete growth platform for startups on the market today.
Funding · EE · 11 Jul · EUR 18.4M
Pactum raised an USD 20M Series B led by Karma Ventures to expand its autonomous procurement-negotiation platform.
Exit · LV · 01 Jul · EUR 1.2M
MADARA Cosmetics agreed to sell 100% of SIA Cosmetics Nord, operator of Selfnamed, to management-controlled SIA SLFNMD for EUR 1.19 million including repayment of outstanding debt.
Funding · LT · 26 Jun · EUR 90K
UAB EditAI received EUR 90,374.84 in RRF grant funding for an AI-based integrated education-content platform; the project contract became effective on 26 June 2024.
Funding · LV · 26 Jun · EUR 250K
Tilde won the European Commission's Large AI Grand Challenge, receiving a EUR 250,000 prize and 2 million GPU hours on the LUMI supercomputer to build the TildeOpen large language model for European languages. This is a grant award rather than an equity round.
Funding · SE · 12 Jun · EUR 200.0M
Aira secured a EUR 200M debt-financing facility from BNP Paribas to finance heat-pump installations in Germany.
Funding · SE · 30 May · EUR 50.9M
Natural Cycles closed a $55 million Series C led by Lauxera Capital Partners, with Point72 Private Investments participating and a revolving debt facility from J.P. Morgan included in the financing.
Funding · LT · 24 May · EUR 3.2M
Lithuanian drone maker Unmanned Defense Systems raised EUR 3.2 million from private investors to accelerate its swarm drone technology and AI-based battlefield management system integration. Coinvest Capital led the round alongside business angels and the NGL angel syndicate.
Funding · LV · 15 May · EUR 935K
Cellbox Labs raised EUR 935K in a pre-seed round led by Buildit, with LatBAN-affiliated angels participating, to develop automated organ-on-chip technology.
Exit · LV · 30 Apr · EUR 4.0M
MADARA Cosmetics sold the MOSSA brand assets to Oy Transmeri Ab for total consideration of EUR 4 million while retaining product-development and contract-manufacturing responsibilities.
Funding · SE · 29 Apr · EUR 2.0M
Cetasol closed a EUR 2M seed round from Sarsia, ShipsFocus and Impact X Capital to expand its maritime energy-efficiency software and double R&D.
Funding · IS · 27 Apr · EUR 2.0M
Prescriby has secured $2.1 million in a funding round led by Crowberry Capital to scale its digital treatment plan software aimed at preventing medication addiction.
Funding · FI · 17 Apr · EUR 87.4M
ICEYE signed an oversubscribed $93 million growth funding round led by Finnish sovereign wealth fund Solidium Oy to expand its SAR constellation and data products.
Funding · DK · 16 Apr · EUR 45.0M
Flatpay raised a EUR 45M Series B led by Dawn Capital, with Seed Capital Denmark participating, to expand across Europe.
Launch · IS · 11 Apr · —
Knittable has been selected as Iceland's entry in the Creative Business Cup 2024, winning the preliminary competition.
Funding · NO · 05 Apr · EUR 5.0M
Photoncycle closed a EUR 5M seed round led by Lifeline Ventures to develop seasonal residential energy storage.
Funding · DK · 04 Apr · EUR 6.0M
REDUCED secured EUR 6M in financing led by Novo Holdings to scale its natural food-ingredients business.
Launch · IS · 18 Mar · —
Vistbók collects sustainability information for building materials and presents it in an accessible digital format.
Launch · IS · 18 Mar · —
Flöff aims to establish the first textile recycling facility in Iceland to create new values from unusable textiles.
Launch · IS · 18 Mar · —
Velja offers a software solution for clothing rental, contributing to an improved circular economy.
Funding · NO · 14 Mar · EUR 10.0M
bioMérieux invested NOK 115 million in SpinChip Diagnostics, becoming its second-largest shareholder with an expected 17–20% stake depending on further fundraising.
Funding · LT · 14 Mar · EUR 92K
Broswarm raised USD 100,000 in an early funding round led by ScaleWolf to develop its landmine-detection drone technology. This round predates the EUR 409,000 round already on record.
Funding · SE · 04 Mar · EUR 2.8M
EcomID secured 2.75 million euros in a new investment round to help retail companies manage online returns.
Funding · NO · 23 Feb · EUR 2.0M
Thermal-energy-storage spinout Cartesian raised NOK 23 million in a funding round and separately received NOK 8 million in R&D funds from the Research Council of Norway and Innovation Norway.
Funding · LT · 08 Feb · EUR 2.0M
Axiology secured a EUR 2 million investment round co-led by Baltic Sandbox Ventures and Coinvest Capital to develop regulatory-compliant tokenised-securities infrastructure.
Funding · NO · 05 Feb · EUR 1.3M
OTee closed a EUR 1.25 million first funding round led by RunwayFBU and Superangel for its industrial-automation engineering platform.
Funding · EE · 05 Feb · EUR 83.8M
Starship Technologies raised USD 90M in a round co-led by Plural and Iconical after passing six million autonomous deliveries.
Funding · SE · 25 Jan · EUR 176K
Stockholm based By Banoo raised SEK 2 million from a group of angel investors including Elisabet Lundgren, Babak Etenad, Alireza Etenad, and Gohar Avagyan.
Funding · SE · 22 Jan · EUR 250.0M
H2 Green Steel announced a €250 million EU Innovation Fund grant for its large-scale green-steel plant as part of its January 2024 financing package.
Funding · SE · 16 Jan · EUR 145.0M
Aira raised an upsized EUR 145M Series B co-led by Altor, Kinnevik and Temasek to accelerate residential-heating electrification in Europe.
Funding · LV · 08 Jan · EUR 4.4M
Aerones secured a EUR 4.416M grant from the EU Innovation Fund to produce and deploy wind-turbine blade repair robots.
Funding · SE · 01 Jan · —
SEB entered a strategic partnership with Kivra and became a minority shareholder in January 2024, ahead of the May 2026 exit already on record. The investment amount was not disclosed.
Funding · IS · 29 Dec · EUR 905K
Leviosa has successfully closed a $1 million pre-seed funding round from existing shareholders and over 60 healthcare professionals.
Exit · IS · 15 Dec · —
Exmon Software has been acquired by TimeXtender, enhancing their data management solutions.
Exit · IS · 12 Dec · —
PayAnalytics acquired by beqom on December 12, 2023.
Exit · NO · 01 Dec · EUR 3.9M
Constellation Software acquired Hi Tech Mobility, a Bergen-based company that developed a parking app, for 46 million NOK in December 2023.
Launch · IS · 28 Nov · —
Keystrike's inaugural product, Sanctum Guard, is slated for a release in early December and is already operational in several enterprises.
Funding · LT · 28 Nov · EUR 30.0M
The European Bank for Reconstruction and Development committed a EUR 30 million equity investment for a 40 percent stake in Urban Hub Holding, the SBA Urban joint venture developing small business unit and last mile logistics projects in the Baltics. TABA Invest contributed an additional EUR 11 million in equity to the same projects.
Funding · IS · 28 Nov · EUR 913K
Keystrike has successfully secured $1 million in pre-seed funding to bolster its sales and marketing initiatives, particularly focusing on expanding into the United States cybersecurity market.
Funding · DK · 09 Nov · EUR 5.5M
Performativ raised a EUR 5.5M seed round led by FinTech Collective, with all previous investors participating.
Funding · LT · 07 Nov · EUR 32.8M
Cast AI closed a $35 million Series B from Vintage Investment Partners and existing investors Creandum and Uncorrelated Ventures to expand its Kubernetes cost-optimization platform.
Funding · FI · 02 Nov · EUR 16.6M
Kuva Space raised a 16.6 million EUR Series A round on November 2, 2023, led by Voima Ventures and Nordic Foodtech VC, to launch its hyperspectral microsatellite constellation. No funding events were previously tracked for this company.
Funding · LT · 01 Nov · EUR 800K
Repsense raised a further EUR 800,000 pre-seed round from Iron Wolf Capital, Coinvest Capital, Baltic Sandbox Ventures and private angels for its public-information analytics platform.
Funding · SE · 25 Oct · EUR 510K
Ryde Equestrian secured a 6 million SEK investment from Olympic medalist Peder Fredricson through Bhoof to accelerate company building and innovation in equestrian sports.
Funding · SE · 18 Oct · EUR 86.5M
Aira raised SEK 1B in equity funding from climate- and innovation-focused investors including Altor, Collaborative Fund, Creades, Kinnevik, and Lingotto.
Funding · DK · 03 Oct · EUR 8.0M
The platform has raised more than 60 million DKK in a pre-seed round.
Funding · NO · 01 Oct · EUR 4.9M
Optio raised 55 million NOK in a funding round among existing owners to finance acquisitions and commercial investments.
Funding · FI · 13 Sep · EUR 1.4M
CurifyLabs was one of 17 startups awarded Business Finland Deep Tech Accelerator funding, consisting of a EUR 400,000 grant and a EUR 1,000,000 loan. The non equity financing supported development of its automated medicine compounding platform.
Funding · FI · 12 Sep · EUR 5.5M
Treon closed a EUR 5.5 million Series A led by Ventech to accelerate international expansion and development of its industrial IoT products.
Exit · SE · 10 Sep · EUR 8.4M
Maya Delorez, founded by Madelene Törnblom, is being sold for over 100 million SEK.
Funding · SE · 07 Sep · EUR 1.5B
H2 Green Steel raised about €1.5 billion in a private equity placement co-led by Altor, GIC, Hy24, and Just Climate to finance its Boden green-steel plant.
Launch · LT · 02 Sep · —
Marytė retail announced its launch, aiming to compete in the low-price retail segment.
Launch · FI · 04 Sep · —
Normet opened a new technology center in Pirkkala focusing on autonomy, robotics, and software development, enhancing its capabilities in underground mining.
Launch · SE · 01 Sep · —
Alight has inaugurated a 101 megawatt solar power plant in Eurajoki, Finland, marking its first project in the country.
Hire · LT · 01 Sep · —
Ilona Lekavičiūtė has been appointed as the General Director of Wargaming Vilnius, replacing Mantas Katinas.
Launch · SE · 26 Aug · —
Bluesky announced that users can now upload videos up to ten minutes long, an increase from the previous three-minute limit.
Hire · FI · 24 Aug · —
Jukka Kainulainen has been appointed as the new Chief Financial Officer of Revenio and will start in this role on August 24.
Launch · LV · 13 Aug · —
Vivi introduces electronic ticket registration in its mobile app for train passengers.
Hire · FI · 01 Aug · —
Jani Välkky will become CEO of Galvatek as Lasse Vilminko moves to Houston, Texas.
Funding · SE · 20 Jul · EUR 871K
Nordic Forestry Automation raised SEK 10 million in its first funding round, with Almi Invest, Sveaskog and Sodra named as backers. The capital supports development of AI-based operator support technology for forestry machinery.
Funding · FI · 19 Jul · —
Big Idea Ventures announced an early-stage investment of undisclosed size in Perfat Technologies through its New Protein Fund II.
Hire · LT · 03 Jul · —
Belinda Tabe has been appointed as the new head of Spectro Finance, replacing Tadas Dapšys.
Exit · FI · 01 Jul · —
Aallon Group completed a business acquisition of the accounting firm Ab Memera Oy.
Funding · EE · 01 Jul · EUR 75K
ALPA Kids received a EUR 75,000 Horizon Europe Women TechEU grant for its ALPAWomenTechEU project to expand its e-learning platform into Poland, running from July 2023 to April 2024.
Exit · FI · 01 Jul · —
IQM Quantum Computers went public in July and was heavily acquired by investors, although its stock price has since dropped about 50 percent.
Funding · DK · 26 Jun · EUR 15.0M
Flatpay raised a EUR 15M Series A led by Dawn Capital to expand its flat-rate point-of-sale offering.
Hire · SE · 24 Aug · —
Philip Andersson, co-founder of Bluebook, has been recruited by OpenAI as its first hire in Sweden to establish its new Stockholm office.
Launch · IS · 02 Jun · —
ECA secured first place in the Silicon Vikings New Nordics Pitch Competition 2023.
Exit · DK · 31 Aug · —
St1 Biokraft acquired Danish Bio Commodities, expanding its operations in Denmark and increasing production capacity.
Launch · SE · 01 Jun · —
Sambla received its banking license and plans to expand its offerings in personal finance services.
Funding · LT · 31 May · EUR 600K
Traxlo raised EUR 600K in fresh pre-seed capital from existing investors Iron Wolf Capital, Antler and Red Pill VC, joined by Black Pearls VC and a US angel, bringing pre-seed funding to EUR 1.1M.
Funding · DK · 23 May · EUR 4.1M
Sparrow Quantum raised a EUR 4.1M seed round led by 2xN, with participation from LIFTT and the European Innovation Council.
Launch · IS · 20 May · —
Treble Technologies was declared the winner of the New Nordics Pitch Competition held in Iceland.
Funding · IS · 10 May · —
Resea Energy aims to produce biofuels from waste from cultivated seaweed.
Funding · IS · 10 May · —
Orb develops technology to measure carbon sequestration in forests to promote responsible carbon offsetting.
Funding · FI · 01 May · EUR 159.4M
Hostaway raised a 175 million USD strategic growth investment led by PSG in May 2023. This predates the 365 million USD General Atlantic round already on file.
Funding · SE · 27 Apr · EUR 4.0M
Bits raised a EUR 4M seed round led by Unusual Ventures, with Fin Capital and existing investors participating.
Launch · IS · 04 Apr · —
Massif.network won the preliminary round of the Creative Business Cup and will represent Iceland in the international competition in Copenhagen.
Exit · SE · 31 Mar · —
Matchi merged with Austrian competitor Eversports.
Funding · DK · 31 Mar · EUR 1.7M
MedicQuant secured DKK 12.3 million in an earlier financing round led by EIFO, Denmark's Export and Investment Fund, with professional business angels and venture funds also participating.
Exit · FI · 31 Mar · —
Keskisuomalainen acquired the entire share capital of Arena Interactive, which specializes in multichannel customer communication, to strengthen its digital business.
Funding · FI · 31 Mar · EUR 1.5M
Inven raised a EUR 1.5 million seed round led by Lifeline Ventures to grow its AI-powered M&A company-search platform.
Funding · NO · 21 Mar · EUR 18.0M
Two raised a EUR 18M Series A co-led by Shine Capital and Antler to expand its B2B payments platform.
Launch · IS · 17 Mar · —
Bambahús are greenhouses that promote the circular economy by reusing liquid packaging that would otherwise be disposed of.
Launch · IS · 17 Mar · —
Resea Energy aims to produce biofuels from waste from cultivated seaweed.
Launch · IS · 17 Mar · —
Mar Eco focuses on environmentally friendly solutions in the production and use of fishing gear, utilizing recycled plastic waste from the sea.
Launch · IS · 17 Mar · —
Melta offers circular services and produces organic fertilizer from organic waste in rural areas and municipalities.
Launch · IS · 17 Mar · —
The circular library provides communities with fair and affordable access to tools and other items.
Launch · IS · 17 Mar · —
Orb develops technology to measure carbon sequestration in forests to promote responsible carbon offsetting.
Launch · IS · 17 Mar · —
Alor is working on the development and production of environmentally friendly aluminum batteries and energy storage solutions.
Funding · LT · 16 Mar · EUR 18.9M
Cast AI closed a $20 million investment round led by Creandum, which invested $15 million, while unnamed existing investors contributed another $5 million.
Exit · NO · 01 Mar · —
Aneo Mobility and Elaway merged to form Joulia, the largest provider of electric vehicle charging in the Nordics.
Funding · LT · 21 Feb · EUR 500K
Repsense secured EUR 500,000 in a round led by Iron Wolf Capital and Coinvest Capital to grow its data-driven digital-reputation platform.
Funding · EE · 06 Feb · EUR 2.4M
Nanordica Medical received a EUR 2.4M EIC Accelerator grant to support development of its antibacterial wound care technology.
Funding · EE · 06 Feb · EUR 375K
Nanordica Medical closed an oversubscribed EUR 375k seed round led by experienced Estonian health and startup angel investors, with additional angels from Germany, Finland, Belgium and Switzerland.
Funding · DK · 18 Jan · EUR 1.3M
Algiecel, a carbon capture as a service company, raised DKK 10 million (EUR 1.3 million) in a seed funding round led by Denmark's Export and Investment Fund, with a UK based family fund and private individuals also participating.
Launch · LV · 01 Jan · —
PrintyMed is launching a new artificial spider silk material for various medical applications, including organ-on-a-chip and wound dressings.
Funding · LV · 27 Dec · EUR 36.6M
Aerones raised USD 38.9M in growth funding co-led by Lightrock and Haniel to scale robotic wind-turbine maintenance.
Funding · EE · 13 Dec · EUR 19.0M
Pactum raised USD 20M in additional funding led by 3VC, with participation from NordicNinja VC, Maersk Growth, and existing investors.
Funding · DK · 12 Dec · EUR 3.0M
OKTO GRID (now Oktogrid) raised a EUR 3 million seed round led by ABB with participation from Rockstart, EMD Fonden and Elewit to accelerate the digitisation of grid transformer assets. This predates the company's July 2026 growth round already on record.
Funding · IS · 17 Nov · EUR 727K
Esports Coach Academy raised a 750,000 USD pre-seed round to expand its e-sports coaching software and training programs into the US and Puerto Rico. The round was led by Behold Ventures with participation from Sisu Game Ventures and MGMT Ventures.
Funding · SE · 19 Oct · EUR 70.0M
H2 Green Steel added €70 million at the final close of its Series B from investors including Hitachi Energy, Kobe Steel, and Kinnevik, taking the full Series B to €260 million.
Funding · LV · 10 Oct · EUR 1.1M
Draugiem Capital, the investment arm of Draugiem Group, invested EUR 1.14 million in Prime Prometics on October 10, 2022, becoming a minority shareholder in the pro-age cosmetics company.
Funding · LV · 05 Oct · EUR 63K
MADARA Cosmetics received EUR 63,036 of EBRD support, funded through the EU Horizon 2020 Green Innovation Programme, for improvements to its SELFNAMED platform.
Launch · IS · 20 Sep · —
Euneo aims to improve the quality of life for individuals with musculoskeletal issues by providing personalized rehabilitation plans and education.
Launch · IS · 20 Sep · —
Deed is the first consumer-oriented communication platform for package deliveries, allowing consumers to track all their shipments in one place.
Launch · IS · 20 Sep · —
Keeps is a software solution that allows tourism providers to manage all their images in one place and share them on major booking sites.
Launch · IS · 20 Sep · —
Bulby is a software solution based on researched methods to enhance creativity and help people generate more creative ideas.
Launch · IS · 20 Sep · —
FitTales is an app for individuals/groups to plan their exercise in advance and track their exercise history in one place.
Funding · SE · 08 Sep · EUR 1.0M
Bits raised a EUR 1M pre-seed round in fall 2022 with backing from investors including Cherry Ventures and Alliance Ventures.
Funding · SE · 29 Aug · EUR 190.0M
H2 Green Steel secured €190 million in the first close of its Series B equity financing, co-led by AMF, GIC, Schaeffler, and Altor Fund V.
Funding · EE · 23 Aug · EUR 56.4M
Ready Player Me raised 56 million USD in Series B funding co-led by a16z Games Fund One and a16z crypto, with participation from Plural, Endeavor, Konvoy and other investors. The funds were earmarked for expanding the avatar creator platform and developer tools.
Launch · IS · 22 Jul · —
Opus Futura is a web solution that helps investors, companies, and individuals collaborate better in the labor market of the future.
Launch · IS · 22 Jul · —
Mindnes is an automatic time-tracking app that uses AI to classify and record locations.
Launch · IS · 22 Jul · —
Bulby is a software solution based on researched methods to foster creativity and help people get more and more creative ideas to solve various problems.
Launch · IS · 22 Jul · —
Sundra is a software solution that simplifies and automates the creation of marketing material.
Launch · IS · 22 Jul · —
Keeps is a software solution that allows tourism providers to keep all their photos in one place and share them on major booking sites and social media.
Launch · IS · 22 Jul · —
Euneo aims to improve the quality of life for individuals with musculoskeletal problems by providing personalized rehabilitation plans.
Launch · IS · 22 Jul · —
Deed is the first consumer-centric communication platform for package deliveries, allowing consumers to track all their shipments in one place.
Launch · IS · 22 Jul · —
LevelUp makes it easier for people to engage in diverse exercise and hobbies in an accessible way.
Launch · IS · 22 Jul · —
FitTales is an app for individuals and groups who want to plan their exercise in advance and have all their exercise history in one place.
Launch · IS · 22 Jul · —
NúnaTrix specializes in creating educational computer games within the healthcare sector.
Funding · EE · 14 Jul · EUR 25.0M
Lightyear raised a USD 25M Series A led by Lightspeed Venture Partners to expand its European retail-investing platform.
Funding · DK · 09 Jun · EUR 2.9M
REDUCED raised EUR 2.9M in a seed round co-led by Vækstfonden and VÅR Ventures to scale ingredients made from food-industry side streams.
Funding · FI · 11 May · EUR 199.0M
Aiven raised a USD 210 million Series D round led by Eurazeo, joined by BlackRock and existing investors IVP, Atomico, Earlybird, World Innovation Lab and Salesforce Ventures. The round valued Aiven at USD 3 billion.
Exit · FI · 01 May · —
Wolt was acquired by American delivery giant DoorDash in May 2022.
Funding · FI · 20 Apr · EUR 7.2M
ONEiO raised a EUR 7.2 million seed round led by Fairpoint Capital, with Inventure and Tesi participating, to expand in Central Europe and North America.
Exit · DK · 01 Apr · —
Danish energy and telecom group Norlys acquired a 95 percent stake in Mjolner Informatics in spring 2022, ahead of Norlys later selling the full company to Accenture in 2026. Financial terms were not disclosed.
Launch · SE · 27 Mar · —
Hippocrates offers business systems for the horse industry, managing over 84,000 users and 43,000 horses, with plans for international expansion.
Funding · LT · 10 Mar · EUR 378K
Traxlo raised EUR 378K in a pre-seed round led by Iron Wolf Capital, with Antler, Marius Jakulis Jason Foundation, Red Pill VC and angels participating.
Funding · EE · 01 Mar · EUR 37.6M
Starship Technologies raised a USD 42M Series B co-led by NordicNinja and Taavet+Sten to grow its delivery-robot fleet.
Funding · FI · 03 Feb · EUR 120.5M
ICEYE closed a $136 million Series D led by Seraphim Space to expand its SAR constellation, catastrophe products, analytics, and global operations.
Funding · EE · 25 Jan · EUR 50.0M
Starship Technologies received a EUR 50M quasi-equity facility from the European Investment Bank to expand its autonomous delivery fleet.
Hire · SE · 17 Jan · —
Ridesum has recruited Karl Svantemark as the new CEO, replacing founder Jenny Stråhle who is stepping down to focus on expansion.
Funding · SE · 01 Jan · —
Almi Invest made its first investment in Cetti, then known as BudID, in 2022; the amount was not disclosed on Almi's portfolio page.
Funding · EE · 01 Dec · EUR 11.5M
Ready Player Me raised 13 million USD in Series A funding led by Taavet+Sten, with participation from Tom Preston-Werner, Samsung Next, NordicNinja VC and Konvoy Ventures. The round funded expansion of cross app avatar technology, years before the company's 2025 acquisition by Netflix.
Launch · IS · 17 Nov · —
Sifmar produces Krakkakropp, a healthy Icelandic baby food that aims to reduce food waste.
Launch · IS · 17 Nov · —
MAR crisps are thin dried fish flakes, a new product in the domestic market.
Launch · IS · 17 Nov · —
Jökla, the first Icelandic cream liqueur, launched this year and has been very successful.
Funding · FI · 16 Nov · EUR 15.0M
Lemonsoft completed its oversubscribed First North IPO, issuing 1,273,726 new shares and receiving approximately EUR 15 million in gross primary proceeds.
Funding · LT · 12 Oct · EUR 8.7M
Cast AI completed a $10 million Series A led by Cota Capital, with Samsung Next participating, to accelerate development of its autonomous Kubernetes cloud-management platform.
Exit · SE · 08 Oct · EUR 98.9M
Truecaller AB listed its Class B shares on Nasdaq Stockholm, raising around SEK 1 billion (about USD 116M) in its IPO. The listing valued the caller ID company at roughly USD 3 billion, with prior backers including Sequoia Capital India, Atomico, and Kleiner Perkins.
Funding · NO · 28 Sep · EUR 9.3M
Spond raised GBP 8 million in funding led by Verdane in 2021 to expand its grassroots sports organising platform in Norway and the UK. This round predates the NOK 42.5 million growth round already on record.
Funding · NO · 21 Sep · EUR 2.0M
ONiO secured a $2.3 million equity investment from MP Pensjon and the European Innovation Council Fund through the EIC Accelerator program to support commercialization of its batteryless microcontroller technology.
Funding · EE · 15 Sep · EUR 7.2M
Lightyear raised a USD 8.5M seed round led by Mosaic Ventures to expand its commission-free European investing platform.
Launch · SE · 12 Sep · —
Riders Position has launched an app called Rhythm Coach that helps riders improve their seat and rhythm while riding, using real-time feedback from movement data.
Funding · LV · 01 Jul · EUR 5.0M
Riga based Sonarworks raised 6 million USD in a funding round led by Almaz Capital, joined by Karma Ventures, Trind Ventures, Proks Capital, Smart Growth VC, Wiser Financial Advisors and angel investors Cesar Lamschtein and Victor Yun. The round brought Sonarworks total funding to about 13.8 million USD to scale its SoundID audio calibration business.
Funding · EE · 30 Jun · EUR 2.2M
Estonian crypto exchange Kriptomat closed a EUR 2.2 million funding round led by Bulgaria's LAUNCHub Ventures, which also signed a strategic partnership agreement with the company. This predates the 2026 wind down already on file.
Funding · SE · 29 Jun · EUR 10.4M
SAGA Diagnostics raised a SEK 106 million (about EUR 10.5 million) Series A2 round led by Segulah Medical Acceleration and the Sciety investment syndicate with support from existing shareholder Hadean Ventures, to commercialize its liquid biopsy cancer tests. This predates the April 2026 Foundation Medicine/Roche acquisition already on record.
Funding · EE · 03 Jun · EUR 1.2M
Lightyear raised EUR 1.2M in pre-seed funding led by Taavet Hinrikus and Sten Tamkivi, with Jaan Tallinn and other angel investors participating.
Exit · LT · 01 Jun · —
Livonia Partners agreed to sell its Santa Monica Networks divisions in Lithuania and Latvia to Latvian mobile operator LMT, pending regulatory approval. SMN's Lithuanian operations had sales of EUR 12.4 million in the prior year.
Funding · SE · 23 May · EUR 86.2M
H2 Green Steel, now Stegra, closed a $105 million Series A equity round backed by strategic industrial partners and long-term investors to accelerate its green-steel plans.
Funding · LT · 14 May · EUR 500K
Mindletic raised EUR 500,000: CoInvest Capital invested EUR 240,000 and Startup Wise Guys, the Vilnius University endowment fund, and seven named business angels supplied the remaining EUR 260,000.
Funding · LT · 12 May · EUR 250.0M
Vinted raised €250 million in Series F funding led by EQT Growth, at a €3.5 billion pre-money valuation, to expand geographically and invest in trust, safety, and product development.
Funding · FI · 12 May · EUR 1.0M
Swarmia disclosed a previously unannounced EUR 1M pre-seed round backed solely by Lifeline Ventures alongside its May 2021 seed announcement.
Funding · EE · 27 Apr · EUR 9.1M
Pactum raised an USD 11M Series A led by Atomico, with participation from Metaplanet and several Estonian technology founders.
Funding · EE · 27 Jan · EUR 14.0M
Starship Technologies raised USD 17M from investors including TDK Ventures and Goodyear Ventures to expand its delivery-robot fleet.
Funding · FI · 25 Jan · EUR 436.1M
Wolt raised 530 million USD in a Series E round led by ICONIQ Growth, with Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue joining alongside returning backers, to expand beyond restaurant delivery.
Funding · LT · 18 Nov · EUR 6.5M
Cast AI closed a $7.7 million seed round, with TA Ventures, DNX Ventures, Florida Funders and unnamed angels participating, to continue building its multi-cloud management platform; the round closed in June and was first reported on November 18.
Funding · FI · 22 Sep · EUR 74.1M
ICEYE closed an $87 million Series C led by True Ventures, with a significant investment from OTB Ventures, to expand its SAR satellite constellation and imaging services.
Funding · SE · 21 Sep · EUR 577K
Amanda AI raised SEK 6 million from Investment AB Spiltan to fund organizational growth and continued technology development. The article described the company as being on the boundary between startup and scale-up phase at the time.
Funding · SE · 14 Aug · EUR 4.9M
PS of Sweden took on SEK 50 million in growth capital from Swedish private equity firm eEquity, which became a new shareholder in the company.
Funding · EE · 02 Jul · EUR 2.7M
Pactum raised a USD 3M seed round led by Project A to develop AI-based contract negotiation.
Funding · LV · 16 Jun · EUR 1.4M
Aerones raised USD 1.6M while pivoting its robotic technology toward wind-turbine maintenance.
Funding · LT · 28 Nov · EUR 128.0M
Vinted raised €128 million in a Series E led by Lightspeed Venture Partners, with Hubert Burda Media participating, at a valuation above €1 billion.
Funding · FI · 19 Sep · EUR 22.6M
HappyOrNot raised 25 million USD in growth financing led by Verdane, with existing investor Northzone also participating, bringing total funding raised to over 40 million USD.
Funding · EE · 20 Aug · EUR 36.1M
Starship Technologies raised a USD 40M Series A led by Morpheus Ventures to expand autonomous delivery services.
Funding · FI · 01 Jun · EUR 116.6M
Wolt raised a 130 million USD Series C round led by ICONIQ Capital, with existing investors 83North, EQT Ventures, Highland Europe and Lifeline Ventures also participating, to fund expansion and hiring.
Funding · SE · 29 Mar · —
Preglife received a growth investment from Nordic investor eEquity, the first investment from eEquity's fourth fund. The amount was not disclosed; Preglife had around SEK 20 million in turnover and was already profitable at the time.
Exit · LT · 03 Sep · —
US travel search company Kayak acquired a roughly 40 person engineering team and office equipment from NFQ Technologies in Lithuania, deepening an eight year partnership that began with Kayak acquiring the Swoodoo flight search engine NFQ had built. Deal terms were not disclosed.
Funding · LT · 29 Aug · EUR 50.0M
Vinted closed a €50 million financing round led by Sprints Capital, with existing investors Hubert Burda Media and Insight Venture Partners participating during a period of rapid marketplace growth.
Funding · FI · 24 May · EUR 29.0M
ICEYE raised $34 million in Series B financing led by True Ventures to expand analytics, develop its SAR technology, and fund additional satellite launches.
Funding · FI · 01 Dec · —
Juuri Partners completed an ownership arrangement investment in Helsinki outdoor-fitness-equipment company Omnigym in December 2017; the amount was not disclosed.
Funding · LV · 10 Nov · —
MADARA Cosmetics completed an oversubscribed IPO and began trading on Nasdaq First North Riga; strategic investor Oy Transmeri Group AB emerged with 6% of the company.
Funding · SE · 09 Nov · EUR 25.8M
Natural Cycles raised a $30 million Series B led by EQT Ventures after receiving EU certification for its digital contraception product.
Funding · FI · 12 Oct · EUR 12.2M
HappyOrNot closed a 14.5 million USD Series A funding round led by Northzone, with AirTree Ventures also participating.
Funding · FI · 25 Sep · EUR 1.0M
ICEYE announced $1.2 million in new funding led by Seraphim Capital to scale development of its SAR microsatellite technology for upcoming launches; ICEYE explicitly described it as new funding after the separate $13 million financing announced the previous month.
Funding · FI · 23 Aug · EUR 11.0M
ICEYE announced $13 million in additional financing, including an $8.5 million round led by Draper Nexus and further funding from Finland's Tekes agency, to scale manufacturing and satellite launches.
Exit · LT · 01 Mar · —
Livonia Partners acquired a controlling stake in Santa Monica Networks' Lithuanian and Latvian operations in March 2017, with company management retaining a significant minority stake. The Baltic division generated EUR 23.4 million revenue in 2016 and employed 52 people in network and IT security solutions.
Launch · SE · 26 Nov · —
Nova Study was launched as a new tutoring startup aiming to challenge established companies in the field by offering flexible tutoring options.
Funding · SE · 04 Jul · EUR 5.4M
Natural Cycles raised a $6 million Series A led by Bonnier Media Growth, with Sunstone and E-ventures participating, to expand its fertility and contraception app.
Hire · FI · 23 Apr · —
Mari Koivisto has been appointed as the new CEO of Metsän Woima, aiming to ensure future growth.
Funding · LT · 09 Dec · EUR 24.7M
Vinted raised $27 million in Series C funding led by Hubert Burda Media, with Accel Partners and Insight Venture Partners participating, to support expansion beyond Europe and the United States.
Funding · FI · 12 Nov · EUR 2.6M
ICEYE raised a $2.8 million Series A led by True Ventures, with Lifeline Ventures and Founder.org participating, to help launch its first radar-based microsatellites.
Launch · FI · 01 Jun · —
Jymy ice cream brand was launched in June 2014 after a partnership was formed with chef Jyrki Sukula.
Funding · LT · 31 Jan · USD 27.0M
Vinted raised $27 million in its second institutional financing from Accel Partners and Insight Venture Partners to grow its US business and team.
Funding · EE · 05 Nov · EUR 352K
Cellin Technologies received a seed investment of about EUR 352,000 from the Estonian Development Fund and an unnamed co-investor to support stem cell research, together acquiring a one-third stake in the company. This is a historical round from November 2010 that predates the company's tracked events.