Denmark

NORDEEP: Nordic Deeptech will save the world

Last week I had a pleasure to join the 2nd ever NORDEEP 2023 Summit, to see and hear what’s happening in Deep Tech scene within the Nordics. The opening keynote insights were given by Risto Siilasmaa, and that paved the way for this 2 days conference for a good crowd of attendees mainly from Finalnd and other Nordic countries. Risto …

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Fintech startup Inpay named fastest growing company in Denmark

Inpay, a Copenhagen based fintech, has been named the fastest growing company in Denmark out of millions of enterprises in the annual FT1000 business rankings. The company was also recognised as the sixth fastest growing fintech in Europe, and entered the ranking at as the 87th fastest growing company in Europe, the highest position a Danish company has ever reached. …

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Biggest e-sports teams in Greater Copenhagen team up to attract game development talent

The biggest Danish and Swedish esports teams, Astralis and Ninjas in Pyjamas, have come together to attract game development talent to Greater Copenhagen. The partnership launches ahead of Denmark’s biggest esports event to showcase the significant organizations and career opportunities in the region following a shortage of game developers Copenhagen Capacity and Invest in Skåne, the official investment promotion agencies …

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Covid-19 has not stopped growth in the Danish tech ecosystem, but demand for talent is serious roadblock

A new survey from Digital Hub Denmark shows that the need for digital talent among Danish companies has significantly increased since the spring of 2020. As of Q2 2021, the Danish demand for digital talent is 22 per cent higher than before the pandemic.  While many companies continued to thrive during Covid-19,  they have struggled to find the talent they …

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Danish Edtech Justlearn works to democratize access to language training

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 …

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Denmark’s Custimy raised $800K round to help SMBs understand their customers

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 …

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Ten startups chosen to accelerate the development of sustainable cities in Nordics

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 …

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Denmark is the second-best funded nation for startups after USA

According to a report by Money UK, Denmark is the second best-funded nation for startup businesses after the US.  With a total of five new business grants offering over $1,000,000, Denmark only lags slightly behind top funding opportunities in the US. The report, which is based on data from the Innovation Investment Index, highlights Denmark as an innovative hubspot leading …

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Danish Dixa acquires Australian SaaS company Elevio

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, …

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“Unconventional Accelerator”: The first digital accelerator targeting underrepresented Nordic founders

Since launching its report on who funds whom in the Nordics, together with partners like Startup Sweden and NVCA, the team at Unconventional Ventures have been busy. They recently launched the UV Syndicate, giving everyone the opportunity to co-invest in, by UV vetted, startups at pre-seed and seed stages. Today they announce the first digital accelerator targeting underrepresented founders based …

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Japanese web design hits the Nordics

Garden Eight is a multi-award-winning digital production team from Japan specialising in visual design, web design and web development. Founded in Asakusabashi, Tokyo in 2011, the studio has just opened their European headquarters in Copenhagen. The Nordics are known as the world’s “unicorn factory” per capita outside of Silicon Valley and have enjoyed a spotlight on their technologies from one …

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Kaffe Bueno closes EUR 1.1 million seed round for coffee by-product upcycling

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 …

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Swiipe is nominated as EY Entrepreneur of the Year

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. …

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Danish AI & 3D Printing companies lead Spanish accelerator BIND 4.0

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, …

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Danish edtech CanopyLAB acquires Peruvian publishing startup YoPublico to serve rapidly expanding userbase in Latin America.

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, …

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TEDxCopenhagen innovated by Corona

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 …

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New startup wants to help Danes get 11 billion in forgotten tax deductions

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 …

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Danish startup PackitUp launches a platform to help in the Coronavirus pandemic

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 …

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Copenhagen opens new automated metro

The Copenhagen Metro is getting an extension, a 15.5km line called the Cityringen Metro. The Cityringen Metro is set to open soon, upgrading Copenhagen’s already efficient metro system. The expected opening date is September 29, 2019.  The project of Cityringen Metro uses modern technology, setting it apart as an automated metro line. The driverless trains will run continuously, 24/7 with …

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Reducing food waste is on the agenda as Nordics gain stronghold in foodtech innovations

Nordic Startup Bits sat down for an interesting talk about the foodtech startup scene at SLUSH in December with Accelerace’s Investment Manager, Business Accelerator and Head of Venture Scouting Martin Holmboe. Accelerace is the Nordics’ leading startup accelerator and pioneering in the corporate – startup matchmaking space. Martin has many years of experience as a food entrepreneur and we were …

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