Lead by Estonian startup UP Catalyst, a two-year pilot program was launched to design and build a scalable shipping container synthesis reactor that is capable of transforming CO2 emissions into graphite, a mineral now classified by the EU as a critical raw material, and various carbon nanomaterials. By Teele Niidas  Until now, 500 thousand tons of graphite, has been imported …

In this blog post, Katapult Group CEO, Fredrik Winther assesses the fast-changing landscape of venture, and why venture investors need to re-think strategy. By Frederik Winther The venture capital industry broke all records in 2021, and it led to systemic changes as to how it operates. Not long ago start-ups fought for the investors, these days investors are fighting to …

With Chilean insurance tech startup Betterfly now sharing prestigious unicorn status with fellow portfolio company, Esusu, Norwegian VC Katapult has gained its second accelerator-bred impact unicorn in one week. Katapult first discovered and invested in Betterfly at the early Seed stage in mid-2019 with further investment via their follow-on fund in mid-2020. With Betterfly already reaching Unicorn status and $1 …

Silo AI, one of Europe’s largest private AI laboratories, published a comprehensive market review of the use of artificial intelligence in Nordic countries. The Nordic State of AI report, which will be published annually with the Finnish Artificial Intelligence Center and other Nordic artificial intelligence organizations, provides a comprehensive overview of the Finnish, Swedish, Norwegian, and Danish artificial intelligence markets …

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 …

Altermail, worlds’ first blockchain-based communication platform, offers an alternative to email, messaging and file sharing. Altermail disrupts existing information sharing with the help of the latest technological innovation in blockchain. The company has attracted $75 200 from two grant programs and looks to scale its service with the next financing round. Altermail addresses the gap in how people communicate online …

Sweden and Ukraine have had a close tech exchange for many years. To further cooperation between the countries, the Sweden-Ukraine Business Forum was founded by the Swedish Embassy in collaboration with the business community. On November 18, ministers, leaders of large export companies and tech startups will gather for the ninth year in a row in Stockholm. Sustainable tech focus …

The Nordic countries have adopted a vision to become the most sustainable and integrated region in the world by 2030.   Bolstered by the ambitious climate goals set by the region’s governments,  startups have been tackling all manner of the green transition from smart farming to recycling, and are now leaders in sustainable technologies. At Oslo Innovation Week’s Climate Demo Day at …

In the past couple of years their has been an increase in Swedish eCommerce as a result of the pandemic. In an interview, Per Ljungberg, the chief executive officer at Svensk Digital Handel, mentioned that three out of four people in Sweden didn’t shop online ever before March 2020. However, experts suggest that the new first-time consumers are here to …

Opibus, Sub-Saharan Africa’s leading electric vehicle manufacturer, announced that it has raised $7.5 million in funding led by Silicon Valley fund At One Ventures, further supported by Factor[e] Ventures and Ambo Ventures managed by former Google and Uber executives. The investment is the largest ever in an electric mobility company in Sub-Saharan Africa and is aimed to scale its operations …

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 …

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 …

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 …

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 …