Nordic Startup News Early Stage Startup News From The Nordics

Linear, a company focusing on the digitalization of real estate brokerage, has closed €1.1 million in seed funding.  The company, founded in 2018, offers an AI-driven  digital ecosystem to facilitate the housing trade. They will use the latest funding round on future growth and expansion to new markets. Linear offers realtors a comprehensive SaaS (Software as a Service) automation tool for …

Danish Industrial biotech startup Kaffe Bueno received EUR 1.1 million from, PINC (Paulig Group venture capital, FI), Vækstfonden (DK), The Yield Lab (IE), and a Danish business angel. The money will be spent on scaling up production, growing the team, IPR, and further process and product development. Kaffe Bueno is an ingredients company using green chemistry and biotechnology to upcycle …

On the 23rd to 25th of October Garage48, Startup Estonia, the Institute of Computer Science at the University of Tartu with several cyber security-related startups and organizations came together and poured their heart and soul into organizing and supporting the birth of a 4th Cyber Security Hackathon. The aim of the event was to grow, nourish and expand the cybersecurity …

There was a bullish attitude among attendees at this year’s online version of the Arctic15 startup event that investment in Northern European startups was picking up despite a second wave of COVID19 across the region. With one of the main themes of the event being cross-border angel investing, several new angel investment syndicates were established to boost funding opportunities for …

All male founding teams still get 92.9% of external capital in the Nordics, to build and expand their startups. However, a new report from Unconventional Ventures shows us how a shift towards a more equal distribution of capital can be accelerated.  Unconventional Ventures is a Nordic early-stage investment firm that invest in scaleable tech startups at the pre-seed and seed …

#HacktheCrisis was a hackathon initiated by Garage48 in Estonia in March 2019, where teams built solutions for the Covid-19 crisis over a long weekend.  The event went global, with hacks held in over 68 countries.  In some cases, the hacks were record breaking – in Denmark, Norway, and Sweden, the #HacktheCrisis became the biggest hack ever recorded.  A record-breaking global …

More than ever we need strong role models and entrepreneurs who can inspire others and actively help put focus on growth and innovation. For 25 years, EY has paid tribute to Denmark’s best growth creators, and this year they want to engage the business community and the participating companies in the fight to defy the crisis we are in and to see opportunities in adversity. …

Sigma Software has become an official partner of SSE Business Lab, startup incubator of the Stockholm School of Economics, which provides a platform for growth to exceptional entrepreneurs. The Stockholm School of Economics is a world-known business school with a rich history and is internationally recognized in The Financial Times Business Education Rankings. Their incubator, SSE Business Lab, is open …

Danish startups AddiFab and Nordbo Robotics, were selected among more than 570 applications from all over the world to develop solutions in collaboration with companies in the health and manufacturing fields, such as BTI and ITP, as part of the BIND 4.0 accelerator. Each year, BIND 4.0, developed by the Department of Economic Development and Infrastructure through the SPRI Group, …

Danish edtech CanopyLAB is behind a social and adaptive learning platform that is being used in more than 85 different countries. By Esben Trier Based on co-founder Sahra-Josephine Hjorth’s Ph.D. research at the University of Aalborg, CanopyLAB launched its product in late 2018 with a focus on corporate learning. With COVID-19 CanopyLAB’s reach expanded dramatically in South America and Africa, …

TEDxCopenhagen is a local gathering where live TED-like talks and performances are shared with the community. TEDx´s are normally held physically as an event, and the Corona virus has therefore challanged this format. TEDxCopenhagen license holder, René Munk, speaks about how Corona has changed the TEDxCopenhagen format, maybe forever. TEDx has always been about the great ideas, making them visible …

Due to the current Coronavirus crisis, supply chains around the world are being disrupted. Cargo Stream – a logistics management system established in Lithuania, is proposing a solution that optimize logistics processes and utilizes the potential of communication between the carriers, recipients, and logistics companies. Cargo Stream enables companies to manage logistics documentation and data more precisely, and shifts information …

Each year, Danes miss out on 11 billion kroner in deductions, either because people don’t know what they are entitled to, or because the process is simply too cumbersome. Tax Helper wants to change that.  By Aske Buemann Taxes and deductions can give many a blank look in their eyes. Therefore, two entrepreneurs will now help people find their deductions and get their …

Copenhagen-based travel startup, PackitUp, is on a mission to provide help in the time of Coronavirus crisis. The team turned their existing social network platform into BringHero help platform, where people can either offer or request for help during the COVID-19 pandemic.  By Ira Leino The platform functions worldwide on voluntary-basis, and therefore, is completely free to use. Indeed, many …

Situated in Northern Europe, Estonia is home to around 325 million people. Back in 1991, when Estonia gained independence from the Soviet Union, it was a relatively poor country. However, this relatively small country, that includes around 1500 islands, has slowly but surely made its mark by evolving into a top startup nation. But how did they do it? By …

Countries all over the globe incline to hiring developers for startups as their business model as it is a modern, proactive, and effective solution in the business world. With remote employees that work for your project from around the world, you get maximum efficiency and cut costs considerably. But can this scenario be applied to startups in the Nordic countries? …

The accelerator program Accelerate Estonia and Garage48 organized an online hackathon to develop solutions to help Estonia emerge from the coronavirus crisis and create competitive advantages for the post-crisis period. By Elis Tootsman The initiative, which has become the largest online hackathon in Estonia, was opened by President Kersti Kaljulaid and Minister of Foreign Trade and Information Technology Kaimar Karu. …

In late 2019, 40 companies from across the Nordics traveled to Shenzhen, China, to join the Shenzhen Hi-Tech Fair. This a 500,000+ attendee event, one of the largest in the world, is a hotbed of the latest technology. The Nordic China Startup Forum (NCSF), a community-run initiative supporting Sino-Nordic collaboration in the startup ecosystem, joined forces with local communities and …

Norwegian startup Playpulse has successfully launched their gaming bikes in an activity park for children in a shopping mall in Shenzhen, China, part of the China Bay Area and a major startup hub. The company’s mission is to turn exercise into a fully-fledged computer gaming experience, boosting exercise motivation and battling sedentary lifestyles across the globe. After launching in Norway …

Scandinavia is known for implementing the newest innovations in many fields, including gaming. Current global entertainment tends are about applying crypto and improving blockchain-powered systems, and Scandinavia is among the leaders in doing so. By Julia Beyers Scandinavia is a pretty attractive region for blockchain developers who seek investments and cheap energy. Both regular people and large companies are ready …