Exit · 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 · 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.
Funding · 08 Sep · EUR 186K
Saro Robotics has received two million NOK in funding from various sources including Aneo and Innovation Norway.
Launch · 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.
Exit · 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.
Exit · 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.
Funding · 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".
Hire · 03 Sep · —
Autostore has hired Eva Maria Hansen as HR Manager from Lego to help maintain its startup spirit during global growth.
Launch · 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.
Hire · 02 Sep · —
Miki Kuusi joins Oura's board ahead of the company's anticipated listing in the USA.
Launch · 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 · 01 Sep · —
Glassense has expanded its management team by hiring Ardo Asperk and Siiri Odrats-Koni to improve profitability.
Funding · 31 Aug · EUR 1.8M
AI Robotics startup Cota Robotics secured over €1.8 million to expand retail robot deployment.
Funding · 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.
Funding · 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 · 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.
Funding · 24 Aug · EUR 3.2M
Aligned Bio raised 35 million kronor in a funding round led by LMK.
Funding · 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.
Funding · 24 Aug · EUR 60K
Strato Create has received a €60,000 grant through the EPIC-X programme for women-led deeptech startups.
Exit · 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.
Launch · 20 Aug · —
Innokas signed a letter of intent to manufacture drones for the Ukrainian armed forces in Finland, collaborating with Airlogix.
Funding · 20 Aug · EUR 4.0M
Solinide Photonics has raised €4 million in seed funding to commercialise its silicon nitride photonic integrated circuit technology.
Launch · 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 · 17 Aug · —
Auroomi has successfully launched a new sauna product that is well-suited for Southern Europe during a heat wave.
Launch · 15 Aug · —
Mypauze has launched several new products in the 'study peace' category, expanding its product range to include educational toys.
Hire · 14 Aug · —
Esa Parjanen has joined the board of Donut Lab, while Risto Siilasmaa has left the board.
Launch · 14 Aug · —
Emilia Sport launched its first Ikuista bicycles designed by CEO Riku Tuppurainen this year.
Launch · 13 Aug · —
Tensor is establishing the first international artificial intelligence factory in the Baltics, promising significant economic impact for Estonia.
Launch · 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.
Funding · 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.
Launch · 11 Aug · —
Gengill signed a contract with Daga for the implementation of automatic cleaning robots in their operations.
Launch · 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.
Exit · 06 Aug · —
Factbird has sold its majority stake to the European private equity firm Verdane.
Exit · 06 Aug · —
Ringy acquires Upgreat, the largest retailer of refurbished smart devices in the Baltics.
Funding · 06 Aug · EUR 2.2M
SeeTrue Technologies has closed a €2.2 million financing round to commercialise low-power eye-sensing architecture.
Hire · 06 Aug · —
Aiki made its first hire, bringing on Jonathan Fredheim as Customer Manager.
Launch · 05 Aug · —
Farmdroid is launching a new version of their field robot in the autumn.
Exit · 04 Aug · —
Patria Latvia has acquired the remaining shareholding in Defence Partnership Latvia, becoming its sole owner.
Hire · 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 · 01 Aug · —
Minifactory's 3D printing technology is being used in the production of parts for the British Army's Challenger 3 battle tanks.
Launch · 31 Jul · —
RayFoil has launched electric surfboards (eFoils) in several European countries.
Funding · 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.
Exit · 30 Jul · —
UAB "Diab" is shutting down after failing to compete with Chinese companies, laying off all employees and ceasing operations.
Funding · 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.
Hire · 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 · 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.
Launch · 23 Jul · —
Light launches its first flip phone, the Light Flip, aimed at users who prefer simplicity over high technology.
Launch · 23 Jul · —
1X Technologies launched a pre-sale of its humanoid robots in 2025, preparing for first customer deliveries in 2026.
Launch · 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 · 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.
Exit · 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 · 17 Jul · —
UAB „Hautica“ officially opened its new factory and administrative premises in the Kaunas Free Economic Zone on July 17.
Funding · 17 Jul · —
Oura received a direct investment from Eli Lilly to enhance health monitoring tools and support personalized health care.
Funding · 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.
Funding · 16 Jul · EUR 6.4M
Hyperion Robotics raised €6.4 million in growth funding to expand its robotic microfactories for concrete infrastructure components.
Funding · 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 · 14 Jul · EUR 10.0M
Quanscient has raised 10 million euros in funding to develop quantum computing tools for industrial design.
Funding · 09 Jul · —
Levtek has secured funding from multiple investors including Inflection and PSV Tech.
Launch · 09 Jul · —
Levtek deployed its autonomous robot-vehicles at Voi Technology's warehouse, marking the start of a collaboration.
Funding · 09 Jul · EUR 4.1M
Relox Robotics is seeking to raise 45 million SEK to finance international expansion and accelerate growth.
Hire · 06 Jul · —
Remarkable appointed Vegard Gullaksen Veiteberg as the new CEO following a round of cuts and restructuring.
Funding · 02 Jul · EUR 650K
BRYM secured €650,000 in pre-seed funding to develop a wearable neurofeedback platform.
Funding · 02 Jul · EUR 16.0M
Alva Industries lands €16M to scale next-generation electric motors
Exit · 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 · 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 · 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 · 07 May · —
Pit launched its 'AI product team as a service' to help businesses implement AI effectively.
Funding · 07 May · EUR 14.1M
Pit raised EUR 14.1M in seed, led by Andreessen Horowitz.
Launch · 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 · 07 May · EUR 30.0M
SWEBAL raises €30 million to build Sweden’s first TNT facility and strengthen NATO ammunition supply.
Funding · 04 May · —
Finnish Geopyörä closes seed round to scale breakage testing technology.
Launch · 01 May · —
Metaktik has launched a new technology for military use, integrating flexible antennas into vessels and vehicles.
Funding · 29 Apr · EUR 683K
Atech raised $800K in pre-seed funding to simplify hardware prototyping.
Funding · 28 Apr · EUR 5.3M
OTee raised EUR 5.3M in seed, led by North Ventures.
Funding · 08 Apr · EUR 6.8M
Treon raised EUR 6.8M in Series A, led by ACME Capital.
Funding · 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.
Funding · 30 Mar · EUR 50.0M
IQM Quantum Computers raised EUR 50.0M in strategic, led by BlackRock.
Funding · 23 Mar · EUR 34.5M
Lace Lithography raised EUR 34.5M in Series A.
Exit · 05 Mar · —
Doublepoint, acquisition by Oura.
Funding · 24 Feb · EUR 30.0M
Frankenburg Technologies raised EUR 30.0M in Series A, led by Plural.
Exit · 22 Feb · —
IQM Quantum Computers, merger by Real Asset Acquisition Corp.
Funding · 15 Feb · EUR 250K
Natrix raised EUR 250k in pre-seed.
Funding · 05 Feb · EUR 6.0M
Vexlum raised EUR 6.0M in seed, led by Kvanted.
Funding · 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.
Funding · 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 · 01 Dec · EUR 27.5M
Sparrow Quantum raised EUR 27.5M in Series A.
Funding · 28 Oct · EUR 1.1M
Desktop Commander raised EUR 1.1M in pre-seed, led by 42CAP.
Funding · 15 Oct · EUR 45.0M
Starship Technologies raised EUR 45.0M in Series C, led by Plural.
Funding · 14 Oct · EUR 777.0M
Oura raised EUR 777.0M in Series E, led by Fidelity Management & Research Company.
Funding · 03 Sep · EUR 275.0M
IQM Quantum Computers raised EUR 275.0M in Series B, led by Ten Eleven Ventures.
Funding · 07 Jul · EUR 25.0M
Donut Lab raised EUR 25.0M in seed.
Funding · 18 Jun · EUR 5.0M
ONiO raised EUR 5.0M in Series A.
Funding · 10 Jun · EUR 14.9M
sintra.ai raised EUR 14.9M in seed, led by Earlybird VC.
Funding · 03 Jun · EUR 54.0M
Aerones raised EUR 54.0M in Series B.
Funding · 28 Mar · EUR 4.0M
Frankenburg Technologies secured EUR 4M, split equally between Blossom Capital II LP and existing investor Shellona Ltd.
Launch · 25 Feb · —
Natrix's modular unmanned ground platforms began operating in Ukraine, carrying frontline supplies and evacuating wounded personnel.
Funding · 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 · 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.
Exit · 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 · 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 · 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 · 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 · 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 · 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.
Funding · 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 · 04 Sep · —
Normet opened a new technology center in Pirkkala focusing on autonomy, robotics, and software development, enhancing its capabilities in underground mining.
Exit · 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 · 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.
Funding · 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 · 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 · 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.
Funding · 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 · 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 · 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.
Funding · 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 · 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 · 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 · 16 Jun · EUR 1.4M
Aerones raised USD 1.6M while pivoting its robotic technology toward wind-turbine maintenance.
Funding · 20 Aug · EUR 36.1M
Starship Technologies raised a USD 40M Series A led by Morpheus Ventures to expand autonomous delivery services.
Funding · 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.