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It is often argued that the Nordic Model offers an environment where value-driven innovation can flourish, meaning innovation that improves society by creating value for all stakeholders in an ethical and responsible way.  Anchored in a liberal market and a strong societal structure,  the Nordic Model is reputed for creating more ethical companies that seek to improve society for the …

Climate change is already strongly changing our environment and the global  food security is beginning to halter. Finnish startup Kuva Space aims to help farmers in precision farming as well as bio asset owners, businesses  and governments get better insight for making effective decisions towards  sustainable farming, carbon binding and reduction of climate effects. Kuva Space is an early-stage spacetech …

Justlearn is Danish ed-tech company founded in 2017 with a mission to democratize access to language learning.  The mission behind Justlearn it to be able to teach language without attending  any classes, educational institutions, or standardized language courses. Justlearn plans to democratize acces to language learning through customization. Each student learns at their own pace with a dedicated tutor, always …

A Helsinki based startup, Crowd For Impact, has launched a crowdfunding platform for impact startups solving global issues. It offers both individuals and companies a chance to support impact projects, and receive responsibly produced goods and services in return. Crowd For Impact is a reward based crowdfunding platform that combines crowdfunding, corporate sustainability and startup funding into a unique tool …

The European Union Agency for the Space Programme (EUSPA) launches #myEUspace competition. The EU prize contest targets innovators and entrepreneurs ready to explore, develop and commercialize innovative solutions that leverage EU Space data and services, going beyond the current space-applications horizon, and fusing and testing new technologies in location-based services, smart mobility, smart agriculture, geomatics, and for the first-time, quantum …

Pibox is a centralized/all-in-one remote collaboration solution developed for working with creative collaboration. It is used daily by the head of a production, music producers, managers and sound engineers. Now, Pibox has raised € 150,000 in funding from the Pitchdrive fund and several angel investors. Pibox was launched in 2018. The solution first raised interest among music producers, sound technicians …

The Lithuanian based startup Watalook is striving to redefine the beauty tech market with its digital assistant for independent beauty professionals across the U.S. Watalook has experienced a growth of over 30% in users each month and has recently raised $1M in the pre-seed round co-led by Startup Wise Guys, Crosspring, Launchpad Capital, and angel investors. Watalook provides a platform …

 Bisly, the Estonian tech company developing intelligent building solutions, has raised 1.7 million euros to carry out its aggressive expansion plan into European countries. The tech start-up’s technology helps to make energy consumption up to two times more efficient. According to Siim Vips, founder and CEO of Bisly, buildings consume up to 40% of energy in the EU and automated …

Elbyte started as a page with detailed guides about the Swedish electricity market, but now you can also compare and find cheap electricity prices and electricity agreements in their comparison service. Elbyte was started with a passion for sustainability and how you as a consumer of electricity could reduce your consumption. The founders of Elbyte felt that more sustainability is …

Danish software start-up Custimy.io has developed a Customer Data Platform (CDP), to help SMBs challenge the multinational e-commerce giants through smarter use of customer data. Less than a year into its existence, Custimy.io raises more than ＄800k in pre seed funding to take the next steps in their journey towards empowering SMBs through data insights. Software start-up Custimy.io has developed a …

The Copenhagen-based Nordic accelerator Urbantech Program, hosted by BloxHub, has announced the 10 most promising and innovative sustainable technology startups for their 2021 batch. This announcement comes after a global search for urbantech startups. According to the UN, up to 70 percent of the world’s population is expected to live in cities by 2050. This creates major challenges and calls …

Latvia’s Nordigen has announced a new €2.1 million investment to expand their freemium model after growing to support more than 1000 European bank APIs.  Investors include Black Pearls VC, Inventure, Highgoal Capital, ID4 Ventures, Calchas Holding and angel investors from across the Baltics including Artis Kehris, Henry Nilert, Gerri Kodres and Riivo Anton. The startup is challenging Tink and other …

Summer of 2021 is closing in, and as the world is seeing a surge in optimism with the influx of vaccines, Kiuas, the #1 startup accelerator in Finland, brings exciting news about expansion. Kiuas today revolves around the startup accelerator programs, and with the changing world, it makes to evolve the flagship program, Kiuas Accelerator, to the next level as …

Getting through the Nordic winter is trying at the best of times. The previous months have provided few hours of sunshine but an infinite amount of “recommendations” (it is to date not legal for the Swedish government to e.g. enforce a lockdown) formulated in almost as many ways as there are media outlets. The Nordics are the societies in the …

Danish customer support innovator Dixa has acquired Melbourne-based knowledge management platform Elevio in a circa US$15m deal. The acquisition supports Dixa’s long term vision to simplify more aspects of customer service through personalization and machine learning. Dixa’s platform is used by consumer-facing brands to serve customers across multiple channels from a single screen including social media, chat, voice and messaging apps, …

Home to the first Bitcoin lottery and other blockchain-powered online games, the Northern European region is no stranger to the iGaming industry. In recent years, the Nordic countries have become some of the most successful in the entire European gaming industry. So, let’s take a closer look at the Nordic iGaming market today and how it might fare in the coming …

Mbegu Solar AB was founded in 2020 and its team is based in Stockholm, Lund and Nairobi. They bring solar products in a completely new format to the East African market and target micro-entrepreneurs as opposed to the end consumer. Solar products are already widely available all over the world for off grid electricity, but Mbegu Solar states this is …

Statistics show we have collectively stigmatized randomly phoning someone up and as a result, over the past decade, the number of texts sent monthly have increased with 7,700% and US smartphones users allegedly receive and respond to 5x more texts than phone calls. We have built handheld walls against direct interactions at the same time as social platforms have moved …

As in many countries during the pandemic, contactless payments have been on the rise in Lithuana.   The country has chosen to make Fintech a national priority and has updated the process for business licensing for Fintech companies. By Lukas Pereckas “The whole Fintech ecosystem here is so developed – business support networks, clear efficient regulation, lawyers who know the field …

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 …