November, 2019

• 22 November

  Fintech startup EnFuce raises €10 million for sustainability service

  

  Finland’s Enfuce secures €10 million from Maki.vc to launch a sustainability service, MyCarbon Action, a service for banks and financial service providers to help customers track their carbon footprint per purchase. Finnish payment service provider Enfuce has today announced its new funding round of €10M, led by the early-stage VC firm Maki.vc and including venture debt from Nordea, LähiTapiola, and …

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• 5 November

  Iceland’s Álfur Brewery tackles food waste

  

  Álfur Brewery, an Icelandic nanobrewery, is on a mission to bring sustainability to Icelandic beer. The team recently completed the Til Sjávar og Sveita accelerator program organized by Icelandic Startups for companies creating innovative solutions in agriculture and fisheries. Co-founder Haukur Páll Finnsson came up with the idea after having a conversation with his family about food waste. During a …

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October, 2019

• 7 October

  Sweden’s Creandum wins VC fund of the year

  

  The Creandum funds won the “Venture Capital Fund of the Year” award at the 17th Investor Allstars event last night distinguished with the honors due to the outstanding performance over the previous year driven by exits from Spotify, iZettle, Small Giant Games, and Elastic. According to industry experts, the Creandum II fund is the best European institutional venture fund to …

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September, 2019

• 2 September

  Copenhagen opens new automated metro

  

  The Copenhagen Metro is getting an extension, a 15.5km line called the Cityringen Metro. The Cityringen Metro is set to open soon, upgrading Copenhagen’s already efficient metro system. The expected opening date is September 29, 2019.  The project of Cityringen Metro uses modern technology, setting it apart as an automated metro line. The driverless trains will run continuously, 24/7 with …

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August, 2019

• 22 August

  From linear to circular: Six green startups that will change our economy

  

  From more than 200 startups, only six were chosen to pitch at the finals of the Green Alley Awards, An award that aims to turn the linear economy into a circular economy. Even though there was only one winner, all six startups are worth keeping an eye on. Often it is the newcomers, the small, agile companies that challenge the …

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June, 2019

• 12 June

  New EU project aims to help startups enter innovations into public procurement processes

  

  Is your startup willing to be challenged by purchasers in the public administrations? If so, get in touch Innobrokers, an EU-funded project, aiming at facilitating the procurement of innovative goods and services by strengthening the links between public buyers on the demand side and innovative companies on the supply side. The project addresses startups and SMEs, organizations supporting innovation procurement …

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• 12 June

  5 Nordic mar-tech startups to watch

  

  Buoyed by the immense growth of ecommerce, the martech industry continues to go from strength to strength. In the Nordics, Sweden has already established a healthy set of martech companies. If you want to know what to expect from the future of martech in the Nordic countries, keep an eye on these 5 Nordic martech startups. Boost.ai Founded in Norway, …

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• 6 June

  Vilnius positions itself as a global startup ecosystem competitor

  

  At Startup Fair Lithuania last week, the city of Vilnius touted it’s position as a city-sized sandbox to develop and test new products.  A radical open data policy that rivals Estonia’s and a slew of startup friendly regulations make Vilnius a startup ecosystem to watch. Startup Fair Lithuania, an annual event bringing together the local startup ecosystem, takes a refreshingly …

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• 6 June

  Is Austin a viable landing pad for Nordic startups in the USA?

  

  There are 100s of accelerators, incubators and co-working spaces in Austin. Austin is also the growth capital of USA, with approximately 150 people moving to Austin every day, of which approximately 100 are moving from the California’s Bay Area. But is it a viable landing pad for Nordic startups? At SXSW 2019, Nordic Startup Bits talked to Capital Factory ‘s …

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• 5 June

  Finland’s VertaaEnsin is building a Momondo for financial services

  

  Today, there are more banking options available than ever before. VertaaEnsin is on a mission to consolidate all financial products in one platform. “Financial products constitute the largest part of our monthly expenses. What is interesting, is that consumers are very familiar with comparing flights and other easy-to-understand products and services. We like making informed decisions regarding our purchases. However, …

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