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 …

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 …

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 …

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 …

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 …

All female founded StemSight is the first human stem cell startup from Finland to receive funding,  announcing a €500000 seed round from Voima Ventures. Stemsight aims to help over 12 million people suffer from corneal blindness regain their sight.   The all female-founded team, based in Tampere, has announced a new seed round from the DeepTech fund Voima Ventures and Avohoidan …

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 …