Finland’s Kuva Space raises funding for precision farming and global carbon sequestration from space

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 …

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Sky Mavis raises Series B for blockchain-enabled games

Sky Mavis, the creators of Axie Infinity, have announced a $152M USD Series B round led by venture capital firm Andreessen Horowitz (a16z) with participation from Accel and Paradigm. The round will be used to further build out a global team, scale infrastructure, and build their own distribution platform to support game developers to create blockchain-enabled games. By Kalie Moore …

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Finland’s Elfys raises €3 million energy efficient wearables

Photodetector company Elfys raises €3M  to ramp up the production for the growing  wearable market that are more energy efficient. The round is lead by deeptech investor Voima Ventures, whose portfolio includes the successful Oura Ring. Photodetectors are sensors of light most commonly used in devices such as  smartwatches or any other worn devices. Now with an increasing number of …

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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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Finnish biotech startup Kääpä raises Series A to grow mushroom product line

The industry award winning Nordic Mushrooms product line by KÄÄPÄ Biotech, a Finnish biotechnology startup, has caught the attention of major global nutritional supplement manufacturers. The demand on the wholesale product line has increased rapidly and therefore KÄÄPÄ Biotech is now entering into the Series A investment stage to scale up the production capacity to match the high international demand …

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Crowd For Impact disrupts the crowdfunding market through impact specific crowdfunding

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 …

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Swedish Truecaller to IPO (aka what is in an exit)

An image of Truecaller's founders in front of green plants

This week, tech platform Intuit announced they are acquiring marketing firm Mailchimp for $12bn. Altanta-based Mailchimp has grown to its 2.4 million monthly active users without raising a single dollar of external funding, making the exit a lucrative one for the owners. The owners of Mailchimp are its two founders.  Also this week, Stockholm-based caller-identification service Truecaller confirmed its intention …

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EU Agency for the Space Programme launches #myEUspace competition for startups

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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 …

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Finnish startup Pibox raises funding for remote collaboration solution for audio content

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 …

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Beauty-tech startup Watalook lands $1M in pre-seed

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 …

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Estonian start-up helps to save up to 50% of EU housing energy consumption through intelligent building solution

 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 …

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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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SNÖ Ventures launch new $100m Nordic venture fund backed by Peter Thiel

Oslo-based SNÖ Ventures has launched its second fund to  invest in visionary Nordic entrepreneurs and connect the Nordics  with the US and broader Europe. The new fund targets $100M to invest  in early stage, high-growth Nordic tech companies with the potential to disrupt,  create or capture large markets through transformative technology or  solutions.  By Kremena Tosheva  SNÖ Ventures is led …

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