Hire · 08 Sep · —
Adrian Søbyskogen has been hired as the Marketing Lead at Convier, a startup focused on solutions for combating money laundering.
Launch · 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.
Hire · 07 Sep · —
Bo Rising will implement Sinal's IT security strategy to provide concrete protection for more than one million addresses.
Funding · 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.
Exit · 04 Sep · —
The Danish ERP company Curit has been sold and will become part of a European IT giant.
Launch · 04 Sep · —
Registercentralen has launched a system for managing police certificates for substitute teachers, now used by 100 organizations in Sweden.
Launch · 04 Sep · —
Låvli is launching a free AI service that directs users to collaborating lawyers, aiming to improve trust in AI legal solutions.
Exit · 04 Sep · —
Frendy has acquired the Finnish operations of the Avoki Group, which will merge with Frendy by spring 2027.
Hire · 03 Sep · —
Plandisc has hired Morten Olesen as a new director to enhance customer value with AI.
Launch · 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.
Funding · 03 Sep · EUR 1.9M
Naeva has raised 20 million Norwegian kroner in fresh equity, led by Sarsia Seed and The Bau Ventures.
Launch · 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.
Exit · 03 Sep · —
Legora has made five acquisitions since January.
Funding · 03 Sep · —
Freja.ai is seeking capital for Nordic growth after a successful pilot project.
Funding · 03 Sep · EUR 90K
Registercentralen has secured 1 million SEK in funding from Thoren tillväxt to accelerate its growth.
Exit · 02 Sep · —
Pistachio acquired the technology of Hugin Cybersecurity out of bankruptcy.
Funding · 02 Sep · EUR 1.3M
Elva has raised €1.3 million in funding from a round led by Lifeline Ventures.
Exit · 02 Sep · —
Pistachio has acquired Hugin.io to expand its offerings into cybersecurity compliance.
Hire · 02 Sep · —
Ulla Sommerfelt has been appointed as the CEO of Previto, a startup focused on utilizing MRI and AI for fetal diagnostics.
Exit · 02 Sep · —
Nestit Group has acquired the Helsinki-based IT service provider Primanet Oy, marking its fourth acquisition in Finland.
Launch · 01 Sep · —
Hamed Mohammadpour has released Matrix OS, a personal cloud computer that operates continuously, after building 75 AI projects over three years.
Hire · 01 Sep · —
Kristine Austgulen has been appointed as the Chief Marketing Officer at Riff after leaving her position at Remarkable.
Launch · 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 · 01 Sep · —
Elisa Estonia has appointed Martin Link as the new head of its business customer unit, previously from Cybernetica.
Funding · 31 Aug · EUR 8.0M
Repodo has secured 60 million kroner in funding to develop a new European player in the accounting sector.
Exit · 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 · 27 Aug · —
Breyta has decided to shut down after several pivots and attempts to find traction with customers.
Launch · 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.
Hire · 26 Aug · —
Modera will have a new CEO in September.
Funding · 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.
Funding · 25 Aug · —
Newcode has completed a Series A funding round to support its expansion in the USA.
Launch · 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.
Launch · 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.
Hire · 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.
Launch · 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 · 24 Aug · EUR 2.0M
Outcraft AI attracted 2 million euros in funding in the first half of 2026.
Launch · 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.
Hire · 24 Aug · —
Herman Sigmond has resigned from his job as a lawyer to become a co-founder of Dealsharp and will serve as CEO.
Hire · 20 Aug · —
Sinal hires Mette Lisby Overbeck as new commercial director to enhance fiber network usage in Denmark.
Launch · 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.
Funding · 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.
Launch · 19 Aug · —
Cursor launches Origin, a new platform designed to compete with Github, allowing users to synchronize code between the two services.
Funding · 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 · 19 Aug · EUR 400K
SnerpaPower received a 0.4 million euro Voxtur grant from the Icelandic Technology Development Fund alongside its seed round.
Launch · 19 Aug · —
Systematic forms a strategic partnership with French defense company Thales for Denmark's long-range ground-based air defense.
Exit · 18 Aug · —
Kleer is acquiring Plock to enhance its offerings for SaaS and AI companies.
Hire · 18 Aug · —
Andrzej Golebiowski formally takes over as CEO of Riff, succeeding co-founder Trygve Karper, who will now focus on product development.
Hire · 18 Aug · —
Cobuilder expands its leadership team by hiring Helge Øien as CFO and Varun Mittal as CPO.
Launch · 17 Aug · —
Gatula ehf. has launched Gatula Connect, a new digital platform that utilizes artificial intelligence to simplify the search for services.
Hire · 14 Aug · —
Cobrief has hired Marius Midttun as a Customer Care Representative.
Funding · 14 Aug · EUR 4K
Guardian Labs secured pre-seed funding of €4,000 to develop their phone fraud prevention technology.
Exit · 13 Aug · EUR 0
Vicosight was acquired for 1 krona and has since become one of Sweden's more profitable SaaS companies.
Launch · 12 Aug · —
Capacity Connect has launched a pilot platform to help data centers utilize their capacity more effectively.
Launch · 12 Aug · —
Nebius is building a new data center in Mäntsälä with a capacity of 70 megawatts, expected to be operational from 2027.
Hire · 11 Aug · —
Hans Christian Tungesvik has been appointed as the CEO of Frank, a legal tech startup.
Funding · 11 Aug · EUR 3.0M
Palette raised €3 million in pre-seed funding to develop its operating system for AI-native teams.
Launch · 10 Aug · —
Fiskher AS launched the mushroom app Tyri as a beta version for iPhone in Norway.
Launch · 10 Aug · —
Avaga Holding AS launched the Mycoverse app for mushroom picking, designed for several European markets.
Hire · 10 Aug · —
Verda has appointed Mikko Einiö as Chief Financial Officer as it accelerates its global expansion.
Hire · 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 · 06 Aug · —
Mobilise has launched Mobilise Platforms & Investments, a new division to help telecom software companies scale through strategic partnerships and investment.
Exit · 06 Aug · —
Factbird has sold its majority stake to the European private equity firm Verdane.
Funding · 06 Aug · EUR 5.2M
Inevitable AI Group raised €5.2 million in pre-seed funding from Aleph to launch AI-native SaaS companies.
Funding · 05 Aug · EUR 6.0M
Aloi raised approximately 6 million euros from a secret VC fund and existing investors to expand its operations.
Exit · 04 Aug · —
Bokadirekt was acquired by Wave HoldCo AB, which is majority-owned by Devona Holding SA.
Launch · 04 Aug · —
Bokadirekt is set to launch 'Bokadirekt Pay', an integrated payment solution for bookings and accounting.
Exit · 04 Aug · —
Pipedrive has acquired Outfunnel, a startup co-founded by its former marketing chief Andrus Purde.
Launch · 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.
Funding · 04 Aug · EUR 1.8M
Aavalynx raised £1.5M to enhance its legal AI services.
Exit · 03 Aug · —
ZONE MEDIA OÜ was sold to YOUR.ONLINE BALTICS FINACQ OÜ.
Hire · 01 Aug · —
Jesse Maula appointed as CEO of Sevendos, bringing experience from previous roles at Avidly and Idean.
Launch · 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 · 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.
Funding · 24 Jul · EUR 2.8M
Scape has raised $3.2 million from Y Combinator, General Catalyst, and FundersClub to launch an intelligent email inbox.
Exit · 22 Jul · —
Mors Software was acquired by the Swedish fund Monterro, which manages approximately €3 billion in assets.
Launch · 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 · 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.
Hire · 17 Jul · —
HappyOrNot has appointed Tim Waterton as CEO, succeeding Miika Mäkitalo after five years in the role.
Hire · 17 Jul · —
Bernd Gutbier is joining Trøndermobil as an investor and board member.
Launch · 17 Jul · —
Slopfix has launched a service to clean up AI-generated code, charging $10,000 a week for their services.
Launch · 15 Jul · —
Blue Bridge launches a new Security Incident Management service to assist organizations in managing cyber incidents effectively.
Funding · 13 Jul · EUR 113.6M
Oxylabs ends bootstrapped streak after securing €113.6M at €3.1B valuation.
Launch · 13 Jul · —
Rickard Hansson has launched Gainable, a platform that builds apps from spreadsheets without code, aimed at improving workplace efficiency.
Hire · 13 Jul · —
Daiva Budrikė joins the management team as Marketing Director.
Hire · 13 Jul · —
Evelina Milė resigned from her CEO position at a transport company to become the Head of Products and Innovations at NFQ Technologies.
Hire · 12 Jul · —
Patrik 'Totte' Torstenssson left Meta to join Lovable as Engineering Chief.
Funding · 10 Jul · EUR 1.7M
BirdyChat has raised €1.7 million in investment to expand its work communication platform.
Launch · 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.
Exit · 09 Jul · —
Omnidocs has acquired Xink, a Danish provider of email signature and campaign management software, marking its sixth acquisition in 2.5 years.
Exit · 08 Jul · —
Norwegian Telenor acquires Bahnhof, a broadband company founded by Jon Karlung.
Funding · 08 Jul · EUR 263.1M
Lovable is in talks to raise $300m at a $13.2bn valuation.
Funding · 07 Jul · EUR 470K
Display.dev has secured €470,000 in pre-seed funding to develop its publishing and collaboration platform for AI agents.
Exit · 01 Jul · EUR 1.7B
Klarna won $1.97 billion in antitrust damages against Google.
Exit · 01 Jul · —
Accenture is acquiring Mjølner Informatics from Norlys, with approximately 400 specialists expected to join Accenture Denmark.
Funding · 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 · 25 Jun · —
Barma has brought in former EQT partner Kasper Grundtvig Knokgaard as an investor to accelerate growth in Europe.
Launch · 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.
Launch · 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.
Exit · 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.
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.
Launch · 06 May · —
BirdyChat has opened access to 50,000 users across Europe and the UK, providing a dedicated space for business messaging.
Hire · 06 May · —
Marie Kristin Bentzen appointed as new Country Manager for Evidi, coming from Sopra Steria.
Funding · 05 May · EUR 7.7M
Moritz raised a $9m pre-seed round to build an AI-native law firm.
Funding · 30 Apr · EUR 42.0M
Legora raised EUR 42.0M in Series D.
Funding · 29 Apr · EUR 3.8M
Finland’s Realm raises $4.5 million seed to automate enterprise sales workflows
Launch · 29 Apr · —
Lovable has launched its mobile app for AI coding on both the App Store and Google Play.
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 · 28 Apr · EUR 12.0M
Performativ raised EUR 12.0M in Series A, led by Deutsche Börse Group.
Funding · 24 Apr · EUR 99.9M
Verda raised $117 million in funding.
Funding · 15 Apr · EUR 2.0M
Outcraft AI raised EUR 2.0M in pre-seed, led by Practica Capital.
Funding · 08 Apr · EUR 6.8M
Treon raised EUR 6.8M in Series A, led by ACME Capital.
Funding · 08 Apr · EUR 3.0M
Handhold raised EUR 3.0M in seed, led by Entourage Capital.
Launch · 07 Apr · —
Sonarworks launched the SoundID Tools app in partnership with Dolby, enabling Dolby Atmos Personalization for creators.
Hire · 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 · 10 Mar · EUR 484.0M
Legora raised EUR 484.0M in Series D, led by Accel.
Funding · 19 Feb · EUR 8.4M
Agaton raised EUR 8.4M in seed.
Funding · 02 Feb · EUR 12.0M
Bits raised EUR 12.0M in Series A, led by Alstin Capital.
Funding · 27 Jan · EUR 7.4M
Brickanta raised EUR 7.4M in seed, led by Northzone.
Funding · 15 Jan · EUR 2.2M
BetterPic raised EUR 2.2M in seed.
Funding · 12 Jan · —
Cast AI raised an undisclosed amount in strategic, led by Pacific Alliance Ventures.
Launch · 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.
Exit · 19 Dec · —
Ready Player Me, acquisition by Netflix.
Funding · 18 Dec · EUR 297.0M
Lovable raised EUR 297.0M in Series B.
Funding · 11 Dec · EUR 8.0M
Spoor raised EUR 8.0M in Series A, led by SET Ventures.
Exit · 25 Nov · EUR 27.0M
TestDevLab, acquisition by Xoriant for EUR 27.0M.
Funding · 30 Oct · EUR 135.0M
Legora raised EUR 135.0M in Series C, led by Bessemer Venture Partners.
Funding · 28 Oct · EUR 1.1M
Desktop Commander raised EUR 1.1M in pre-seed, led by 42CAP.
Funding · 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 · 20 Oct · EUR 30.0M
nexos.ai raised EUR 30.0M in Series A.
Funding · 15 Oct · EUR 96K
Adsmom raised EUR 96k in pre-seed, led by 500 Global.
Funding · 24 Sep · EUR 2.3M
Cetasol raised EUR 2.3M in seed.
Exit · 16 Sep · EUR 990.0M
Sana, acquisition by Workday for EUR 990.0M.
Funding · 11 Sep · EUR 8.0M
ONEiO raised EUR 8.0M in Series B, led by Bocap.
Exit · 10 Sep · EUR 1.2B
Klarna, ipo for EUR 1233.0M.
Funding · 28 Aug · EUR 680K
Tournated raised EUR 680k in seed.
Funding · 26 Aug · —
Creem raised an undisclosed amount in pre-seed, led by Practica Capital.
Funding · 21 Aug · EUR 1.5B
Klarna raised EUR 1467.0M in debt.
Launch · 06 Aug · —
Prescriby is working to open a specialized tapering clinic in the United States, expanding its digital health solutions for medication tapering.
Funding · 17 Jul · EUR 180.0M
Lovable raised EUR 180.0M in Series A, led by Accel.
Funding · 18 Jun · EUR 10.0M
Swarmia raised EUR 10.0M in Series A.
Funding · 16 Jun · EUR 4.0M
Studio555 raised EUR 4.0M in seed.
Funding · 12 Jun · EUR 2.5M
Engrate raised EUR 2.5M in seed, led by Maniv.
Funding · 10 Jun · EUR 14.9M
sintra.ai raised EUR 14.9M in seed, led by Earlybird VC.
Funding · 10 Jun · EUR 1.6M
Traxlo raised EUR 1.6M in seed, led by Coinvest Capital.
Funding · 09 Jun · EUR 47.3M
Pactum raised EUR 47.3M in Series C, led by Insight Partners.
Funding · 21 May · EUR 72.0M
Legora raised EUR 72.0M in Series B.
Funding · 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 · 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 · 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 · 15 Jan · EUR 7.8M
Nexus AI raised €30 million in funding, ranking second by investment size in Lithuania.
Funding · 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 · 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 · 25 Oct · —
Shares worth several hundred million are changing hands in the SaaS company Soundtrack.
Hire · 22 Oct · —
Odins.ai has appointed Line Grønnestad from Boston Consulting Group as the head of customer deliveries.
Launch · 12 Jul · —
GrowthApp is the simplest and most complete growth platform for startups on the market today.
Funding · 11 Jul · EUR 18.4M
Pactum raised an USD 20M Series B led by Karma Ventures to expand its autonomous procurement-negotiation platform.
Funding · 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 · 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 · 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 · 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.
Exit · 15 Dec · —
Exmon Software has been acquired by TimeXtender, enhancing their data management solutions.
Exit · 12 Dec · —
PayAnalytics acquired by beqom on December 12, 2023.
Exit · 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.
Funding · 09 Nov · EUR 5.5M
Performativ raised a EUR 5.5M seed round led by FinTech Collective, with all previous investors participating.
Funding · 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 · 01 Oct · EUR 4.9M
Optio raised 55 million NOK in a funding round among existing owners to finance acquisitions and commercial investments.
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 · 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 · 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 · 27 Apr · EUR 4.0M
Bits raised a EUR 4M seed round led by Unusual Ventures, with Fin Capital and existing investors participating.
Funding · 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.
Funding · 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.
Launch · 20 Sep · —
Bulby is a software solution based on researched methods to enhance creativity and help people generate more creative ideas.
Launch · 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 · 20 Sep · —
Deed is the first consumer-oriented communication platform for package deliveries, allowing consumers to track all their shipments in one place.
Funding · 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 · 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 · 22 Jul · —
Deed is the first consumer-centric communication platform for package deliveries, allowing consumers to track all their shipments in one place.
Launch · 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 · 22 Jul · —
Sundra is a software solution that simplifies and automates the creation of marketing material.
Launch · 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 · 22 Jul · —
Mindnes is an automatic time-tracking app that uses AI to classify and record locations.
Launch · 22 Jul · —
Opus Futura is a web solution that helps investors, companies, and individuals collaborate better in the labor market of the future.
Funding · 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.
Funding · 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 · 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 · 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 · 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 · 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.
Funding · 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 · 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 · 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 · 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.
Exit · 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 · 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 · 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 · 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 · 02 Jul · EUR 2.7M
Pactum raised a USD 3M seed round led by Project A to develop AI-based contract negotiation.
Funding · 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.
Exit · 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 · 12 Oct · EUR 12.2M
HappyOrNot closed a 14.5 million USD Series A funding round led by Northzone, with AirTree Ventures also participating.
Exit · 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.