Nordic Startup News Early Stage Startup News From The Nordics
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 …
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September, 2021
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7 September
EU Agency for the Space Programme launches #myEUspace competition for startups
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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August, 2021
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23 August
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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20 August
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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July, 2021
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28 July
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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10 July
Swedish startup ElByte combines comparison of electricity agreements to reduce energy consumption
Elbyte started as a page with detailed guides about the Swedish electricity market, but now you can also compare and find cheap electricity prices and electricity agreements in their comparison service. Elbyte was started with a passion for sustainability and how you as a consumer of electricity could reduce your consumption. The founders of Elbyte felt that more sustainability is …
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June, 2021
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25 June
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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25 June
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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17 June
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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10 June
Civinity invests €15 million in PropTech startups
Civinity, one of the largest facility management and engineering groups in the Baltic states, has announced the launch of their new investment management firm called Pentaframe Capital. Pentaframe Capital plans to invest up to €15 million across the following five years, with focus on real estate, facility management, and smart city tech startups across Europe. By Rūta Lapinskienė Pentaframe Capital plans …
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