Nordic Startup News Early Stage Startup News From The Nordics
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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October, 2021
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5 October
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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September, 2021
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27 September
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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20 September
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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20 September
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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20 September
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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16 September
Swedish Truecaller to IPO (aka what is in an exit)
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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15 September
Finland’s StemSight, first human stem cell startup from Finland, announces seed funding round
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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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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