Funding

Universal Avenue, a network of freelance Brand Ambassadors, has announced a new 5 million dollar funding round led by Northzone or Salesforce Ventures. Universal Avenue, a mixture of personal network marketing and sales, gives brands access to a global on-demand sales force. The new Swedish platform allows users, or Brand Ambassadors, to act as local sales representatives on a freelance basis- …

In nine years, Mattias Ljungman, co-founder of Atomico alongside Niklas Zennström, has built a Nordic-flavoured,  London headquartered investment company that already has some impressive exits under its belt. Think Supercell. Originally published in #NordicMade magazine by Tarmo Virki of CoFounder Magazine. Ljungman works closely with teams like Truecaller and Klarna, while also leading global operations of Atomico, which now includes …

Church communication platform Churchdesk announced on August 20th that they have raised an investment round of almost 14 million.  The round was led by venture capital company Mangrove Capital Partners.  By Tina Søndergaard Thorsen   The Danish startup Churchdesk,  established in 2012, has raised $2 million dollars from venture capital company Mangrove Capital Partners, which is located in the UK. …

Last week, leading games VC London Venture Partners (“LVP”) and Klang Games signed an investment agreement  to back the gaming company’s future projects, including the upcoming mobile and tablet game, ReRunners. LVP will not only be financially investing in the game developer but also offering valuable knowledge of publishing within the gaming industry. Oddur Magnússon, Developer and Co-Founder of Berlin-based Klang Games, commented: “We …

Garage Technology Ventures, Norway’s StartupLab, and Silicon Valley-based MAD-Partners announced earlier this month the launch of Silicon Valley Catalyst, a new joint venture to fund and grow brilliant emerging European technology companies that are ready to launch in the U.S. The collaboration brings together a team of experienced Silicon Valley and Nordic venture players to provide investment capital and intensive …

4Alle Denmark is an organization that links consumers, businesses and non-governmental organizations. Their innovative and novel platform has the potential to make impact on current corporate social responsibilities (CSR) strategies and set a new trend in charitable giving for consumers. 4Alle Denmark is a non-for-profit organization founded in 2015 by Toni Prodan and Adrian Holm. The two friends met during their studies …

Swedish startup, FutureMe Labs are creators of Lifee – a wristband for kids that motivates physical activity while being entertaining and easy to use. By Vic Bassey Wearable technology company Lifee has moved a step closer to being a real product with the delivery of a prototype to one of its biggest supporters and customers. The delivery was made by …

Realm, a Danish startup that has created an innovative mobile database, has received an investment round of $20 million led by Khosla Ventures and Scale Venture Partners. Realm, formerly known as TightDB, has created a unique mobile database that runs many times faster than their competitors’ solutions. The database takes up so little space, which makes it perfect for mobile …

Nordic Startup Bits have interviewed some of the most prominent Nordic VC’s, Gregers Kronborg from Northzone, Martin Hauge from Creandum, and Niels Vejrup from SEED Capital about their view on the Nordic startup scene. In the series of articles Nordic Startup Bits will look at the most promising, the worst and the biggest challenges on the Nordic startup scene based …

When Planday received an investment from Creandum back in 2014, they kept a part of the investment open for the right Co-Investor. They found Klaus Nyengaard, who previously led the Danish startup Just-Eat towards an international market, and therefore was a perfect fit. The experienced entrepreneur and business angel must now help Planday, with their continued growth adventure. Klaus Nyengaard …

Many startups are trying to make money on the popularity of social networking applications. Two Nordic startups, Icelandic Blendin and Danish Heaps, have created two very similar products that both focus on connecting people for parties. Everyone love spending time with friends, but everyone is always busy, making it hard to coordinate nights out, parties or other social events. Social networking …

Elance was back with Expert Night on Wednesday, February 4, this time with the theme “Funding for startups”. It was a packed meeting room at Rocket Labs on Wednesday, February 4, which could welcome a number of experienced entrepreneurs who responded to questions and shared their best advices to get funding. The panel had Tine Thygesen, Founders House, Martin von …