Periods count from when the news broke.
Exit · FI · 31 Oct · —
Fortum completed its acquisition offer for shares of the Norwegian electricity retail company Elmera Group, increasing its ownership stake to approximately 91.9 percent.
Exit · IS · 31 Oct · —
Stóruvellir ehf. has been sold to Þórhildur Jónsdóttir and Jónas Sigmarsson, ensuring the continuation of lard production in Iceland after previous turmoil.
Funding · SE · 31 Oct · EUR 638K
Revvomed has raised 7 million Swedish kronor to fund its development of new cancer drug candidates.
Launch · SE · 30 Oct · —
Lovable has opened its first office in London, where the team is set to grow from 70 to 100 people by the end of the year.
Exit · EE · 30 Oct · —
Lithuanian Galinta has signed an agreement to acquire all shares of the Estonian company Worldline.
Launch · LV · 30 Oct · —
Vizulo aims to penetrate the US market with its LED lighting solutions, which are already used in various applications including sports stadiums.
Launch · EE · 30 Oct · EUR 20.0M
Inbank is offering bonds worth up to 20 million euros, according to a stock exchange announcement.
Hire · SE · 30 Oct · —
Dennis Nobelius has been appointed as the new CEO of Takt, which is changing its name from Tistel and focusing on developing unmanned systems for defense.
Exit · DK · 30 Oct · —
Muninn was acquired by Logpoint.
Launch · NO · 30 Oct · —
Øyvind Østmo launched Balansebarn, a platform providing free tools for families to manage screen time for children, along with the app Balanseby.
Funding · LT · 30 Oct · EUR 2.0M
Lithuanian drone startup Monopulse has raised over €2M to scale production and develop new platforms.
Exit · SE · 30 Oct · EUR 21.8M
Beyond Frames has signed an agreement to acquire the AI platform Corvenia, valued at nearly 240 million kronor, in a reverse takeover.
Exit · IS · 30 Oct · EUR 101.3M
Ásar hf. has been authorized to acquire all shares in Öryggismiðstöð Íslands and Opnum kerfum for a total combined value of 13.75 billion Icelandic króna.
Exit · EE · 30 Oct · —
Agrone has completed its acquisition of Latvia’s largest dairy processing group, which includes AS Rīgas piena kombināts and AS Valmieras piens.
Launch · LT · 30 Oct · —
8devices launched a smart rotomaton in their warehouse to improve efficiency in gathering components for production.
Launch · DK · 30 Oct · —
Frank Rasmussen has launched a new dating site called kysmig.dk, which focuses on user verification to ensure accurate profiles.
Launch · NO · 30 Oct · —
Øyvind Østmo launched Balanseby, an app designed for children to encourage activities away from screens and educate them on healthy gaming practices.
Funding · LT · 30 Oct · EUR 163K
Prismus has obtained €163,000 from Venture Kick to advance its AI-powered platform Lupa, which connects scientific research with industrial opportunities.
Hire · FI · 30 Oct · —
Jaana Tyynismaa has been appointed as the new CEO of Ramboll Finland, bringing nearly ten years of experience with the company.
Hire · DK · 30 Oct · —
Jacques Soelberg takes a top position as Chief Commercial Officer at Twoday.
Launch · IS · 29 Oct · —
Treble Technologies was awarded the Innovation Award of the Year 2026 for developing sound simulation technology.
Hire · IS · 29 Oct · —
ALLOX has appointed Morten Graugaard as Independent Chair of its Board of Directors.
Funding · IS · 29 Oct · EUR 9.4M
Biotechnology company ALLOX has raised $10.5 million in a seed funding round to expand its drug discovery platform and advance its internal development programmes.
Funding · LV · 29 Oct · EUR 1.7M
Balsio has raised €1.7 million in investment to develop its communication platform, which aims to compete with global messaging services.
Launch · LT · 29 Oct · —
Vialet has partnered with Axiology to offer tokenized money market funds for client fund safeguarding.
Launch · SE · 29 Oct · —
Paebbl has developed a cement alternative that can replace 20-50% of the cement used in concrete production, utilizing carbon dioxide mineralization.
Launch · SE · 29 Oct · —
Global Space Services has signed a cooperation agreement with Thailand's space agency GISTDA to assist Southeast Asian operators in satellite communication.
Hire · NO · 29 Oct · —
Videocation hires Gunnhild Ballari Nergård as a senior learning advisor to assist corporate clients in translating training into practice.
Launch · FI · 29 Oct · —
Patria and Ukrainian drone manufacturer General Cherry signed a memorandum of understanding to initiate collaboration and start drone production in Finland.
Funding · EE · 29 Oct · EUR 7.0M
MuRay, a company developing technology suitable for quality control of metal components, has completed its first major investment round raising €7 million.
Exit · FI · 29 Oct · —
Eero Klemetti sold his company, Inhouse Group, in a multi-million deal.
Exit · SE · 29 Oct · —
Teqnion is acquiring the British Odlings Group, a company operating in gravestones and memorial products.
Launch · NO · 29 Oct · —
Leasi has signed Veidekke Infrastructure as a customer, expanding its client list to include three of the country's ten largest contractors.
Funding · FI · 29 Oct · EUR 500K
Foodtech app FLTRD has raised over €500K from impact investor 4impact capital and angel investors to scale across Europe.
Launch · LT · 29 Oct · —
Axiology has partnered with Vialet to offer tokenized money market funds for client fund safeguarding.
Funding · DK · 29 Oct · EUR 850K
KineDB has secured pre-seed funding to develop its database technology, designed to operate across cloud infrastructure and offline devices.
Funding · NO · 29 Oct · EUR 1.7M
Fronted has raised €1.7 million in a seed funding round to support its international expansion and further develop its AI-powered platform for managing global employment operations.
Launch · FI · 29 Oct · —
Rotomate has launched an AI tool that provides maintenance recommendations based on data from industrial plants, now adopted by SSAB and Metsä Group.
Launch · FI · 29 Oct · —
Saunasampo's CEO Tapio Yli-Kovero has invented a low-power electric sauna stove that consumes a maximum of one kilowatt of electrical power.
Launch · LT · 29 Oct · EUR 10.0M
Amber Terminal Group has invested about 10 million euros in the acquisition and expansion of a terminal in Kaunas, aiming to replicate its successful model from Klaipeda.
Exit · NO · 28 Oct · EUR 483K
Totalctrl, a software company aimed at reducing food waste, has declared bankruptcy with nearly five million kroner in debt and no assets left.
Launch · LT · 28 Oct · —
PDKINEMATICS launched Gannet, a precision-guidance system for unmanned aerial vehicles, designed to enhance drone capabilities in contested environments.
Launch · IS · 28 Oct · —
YES-EU Oy has launched the Farizon electric vans in Finland, expanding its operations into the utility vehicle sector.
Hire · DK · 28 Oct · —
Netcompany has recruited several directors from top positions in other companies to fulfill its ambitions.
Launch · FI · 28 Oct · —
SHB Energy is building a waste heat recovery and storage pilot project in Vantaa, which is reportedly unprecedented in Finland.
Launch · FI · 28 Oct · —
Agion has formed a strategic partnership with SIROS Foundation to explore establishing infrastructure for verifying the identities of AI agents and their permissions.
Launch · FI · 28 Oct · —
Fortum signed a 22-year nuclear power electricity purchase agreement with Google, marking the largest sales agreement in the company's history.
Funding · SE · 28 Oct · EUR 5.4M
Aloi AI raised over 60 million kronor in a funding round, valuing the company at 380 million kronor.
Hire · NO · 28 Oct · —
Rikard Eide joins Solvera as Lead UX Engineer after his tenure at Otovo.
Launch · DK · 28 Oct · —
Systematic launched the Rezilient platform to provide a national situational overview for the Danish Emergency Management Agency, consolidating incident data and resources for emergency response coordination.
Launch · FI · 28 Oct · EUR 898K
Nightingale Health signed a one million dollar agreement to study neurodegenerative diseases with the research organization LifeArc.
Launch · NO · 28 Oct · —
Ferdómur created a tool during a hackathon that makes drones trick radar, intended for testing drone defense around critical infrastructure.
Funding · LT · 28 Oct · EUR 500K
Noewe Accounting raised €0.5 million to develop an AI-driven accounting service for SMEs, aiming to provide timely financial insights and tax recommendations.
Exit · SE · 28 Oct · EUR 71.7M
Employees at Lovable have been given the chance to cash out $80 million in shares at a $13.3 billion valuation.
Funding · SE · 28 Oct · EUR 1.7M
Sib Solutions has raised €1.7 million from new and existing shareholders to accelerate its growth in the US market.
Launch · FI · 28 Oct · —
Former employees of the bankrupt furniture company Bastan have launched a new sofa manufacturing company called Ikimakee in Helsinki, focusing on made-to-order products.
Launch · LT · 28 Oct · —
SantakaPV is launching its development of ultra-thin, lightweight, and flexible perovskite solar cells aimed at powering small satellites and having applications in everyday electronics.
Launch · DK · 28 Oct · —
Thylander is building a new operating model around AI to address administrative challenges in the real estate sector.
Funding · SE · 28 Oct · —
Malmö company Oaiz closes its first funding round, valued at over 100 million.
Hire · IS · 27 Oct · —
Sonja Magnúsdóttir has been appointed CEO of Volcano Express, taking over from founder Kristján Ra. Kristjánsson, who remains chairman of the board.
Launch · NO · 27 Oct · —
Bertil Helseth has launched Hiiko, a company focused on preserving knowledge from experienced operators.
Hire · DK · 27 Oct · —
Christian Nørgaard, a national team player, has passed on leadership responsibilities at Tonsser as the company seeks to expand beyond football.
Launch · SE · 27 Oct · —
Douglas Stark has launched Helsa, a private clinic for brain health.
Launch · NO · 27 Oct · —
Verdensvev has launched Kopla, a new AI tool that partially replaces their existing tool, Vev, to meet the needs of large customers experimenting with AI.
Exit · LT · 27 Oct · —
Blue Flight Workforce has been authorized to acquire a controlling stake in Biuro Baltic and its associated companies.
Exit · EE · 27 Oct · —
The Competition Council has permitted the Estonian dairy group company SIA 'Hummuli' to acquire SIA 'Food Union Management.'
Funding · DK · 27 Oct · EUR 1.5M
Copenhagen-based PropTech Cortas has raised €1.47 million in a pre-Seed funding round led by PSV Tech.
Funding · FI · 27 Oct · EUR 2.5M
Finnish defensetech startup Arctic Ravn has secured €2.5 million to scale its drone electronics production.
Exit · LT · 27 Oct · EUR 50.0M
Wellgem Biopharma, which planned a 50 million euro investment in Kaunas, has gone bankrupt.
Exit · DK · 27 Oct · —
Fair Games has been acquired by Fireshine Games, ensuring that it retains creative freedom over its successful game.
Funding · IS · 27 Oct · —
Iceland’s Jónsbók has attracted investment from Crowberry and Leo Capital to expand its legal AI solutions in Europe.
Launch · DK · 27 Oct · EUR 83.6M
Weibel Scientific has signed a contract for drone defense systems valued at over 625 million DKK, to be integrated into Poland's national air defense.
Launch · DK · 27 Oct · —
Frontrunner has entered the Y Combinator accelerator program as part of its fall batch in 2026.
Hire · NO · 27 Oct · —
Monil hires Magnus Heimsjø as CMO from Remarkable to build its brand internationally.
Launch · SE · 26 Oct · —
Rebake, a new electric vehicle company founded by Stefan Ytterborn, officially launched on October 26, 2026, focusing on electric vehicles for urban transport.
Launch · SE · 26 Oct · —
Strawberry has launched its first full product, a browser designed as a European alternative to US agents.
Exit · EE · 26 Oct · —
CostPocket has been acquired by the Swedish fintech company Mynt, which will help accelerate its product development and international sales.
Funding · FI · 26 Oct · EUR 7.1M
Volare has secured €7.1 million in new funding to ramp up its first factory and prepare for future facilities.
Launch · FI · 26 Oct · EUR 33K
Leapmotor has launched its B10 electric SUV in Finland, priced at €32,900, aiming to compete with established brands in the market.
Launch · LV · 26 Oct · —
MyFaceGuard has launched a platform that helps organizations manage the use of photos of employees and event participants, ensuring compliance with privacy preferences.
Launch · LT · 26 Oct · —
TenderVia has launched AI tools that help suppliers improve the quality of their proposals in public procurement processes.
Funding · NO · 26 Oct · —
Kelpinor is seeking funds to quintuple production after experiencing increased demand for its biostimulant following European CE approval.
Launch · SE · 26 Oct · —
Strawberry launched its first full product, Strawberry 1.0, backed by General Catalyst and EQT Ventures.
Launch · IS · 26 Oct · EUR 106K
Heimkoma launched a shared ownership model for apartments in Reykjavik, allowing owners to purchase shares in a fully furnished apartment, with each share providing 42 days of usage per year.
Launch · LV · 26 Oct · —
Natur Haus has expanded its product line to include hunting towers for international markets, collaborating with partners in Belgium and Luxembourg.
Hire · DK · 26 Oct · —
Søren Laustrup is the CEO and founder of Sovera Security, a cybersecurity startup.
Hire · LT · 26 Oct · —
Bitė Lietuva has appointed Pavel Smirnov as the Head of AI Operations to lead a new department staffed entirely by AI agents.
Exit · SE · 26 Oct · —
Ecolean was sold to Quantum Capital Partners, leading to layoffs at the company.
Exit · DK · 26 Oct · —
Danish Evertrace has acquired Veck’s startup discovery technology in its fourth acquisition.
Hire · NO · 26 Oct · —
Fredrik Palm joins Villoid as an investor to help the company expand into Sweden and achieve a revenue target of 100 million kronor.
Launch · DK · 26 Oct · —
Danish Foundation Models has launched the app 'DFM Mimir', which allows users to utilize a Danish-trained language model locally on their devices without sending data abroad.
Launch · DK · 26 Oct · —
Malene Brandt developed the HeyBOOB app for early detection of breast cancer, which has received over 12,000 downloads.
Launch · FI · 26 Oct · EUR 15.0M
Volare has opened its first industrial-scale protein factory in Pori, Finland, which is designed to produce insect protein and oil from food-industry side streams.
Launch · SE · 26 Oct · —
Strawberry has launched its AI browser out of beta, targeting enterprise users with embedded AI assistants for various business tasks.
Launch · NO · 26 Oct · —
Heime has launched a partnership with SiS Bolig to integrate 1,850 student apartments into its app, providing various digital services for students.
Exit · DK · 26 Oct · —
Evertrace has acquired Veck to enhance its early founder detection capabilities, integrating Veck's technology and customer base into its platform.
Funding · LV · 23 Oct · EUR 3.0M
IPAS INDEXO has received a 3 million euro investment from Lauris Liberts, founder and co-owner of Draugiem Group, through his investment company SIA "Pirmdiena".
Launch · LV · 18 Sep · —
SIA Natur Haus was founded to produce hunting towers, with operations beginning shortly after Intars Tumanovs returned to Latvia.
Launch · FI · 26 Oct · —
Zeesam has launched a new palm scanning payment solution at World Class gyms in Iceland, marking its first deployment outside Finland.
Exit · LV · 24 Oct · —
Kalve Coffee, a Latvian café chain, went public on the alternative stock exchange First North to raise funds for expansion abroad.
Launch · FI · 24 Oct · —
Glaston has received an order for an automotive glass pre-processing line and bending furnace from an East Asian architecture and automotive glass manufacturer.
Launch · LV · 24 Oct · EUR 893K
Dartz is launching the 'Nightshark,' a luxury vehicle inspired by the video game 'Grand Theft Auto,' priced at one million dollars.
Launch · EE · 24 Oct · —
Bolt will introduce the first self-driving cars to Madrid in spring 2027, following a pilot project in Luxembourg.
Exit · DK · 24 Oct · —
Christian Arnstedt has acquired a stake in the Danish AI company Headshots.
Launch · LV · 16 Oct · —
Studio F.O.R.M.A. launched the family fantasy film 'Kristofers un divu pasauļu atslēga' on October 16, 2026, utilizing new technological solutions in its production.