Nordic Startup News Early Stage Startup News From The Nordics
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 …
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November, 2021
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1 November
5 reasons Why Sweden is Leading the European eCommerce Industry
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 …
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October, 2021
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28 October
Swedish-Kenyan EV startup Opibus announces $7.5 million investment
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 …
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27 October
Covid-19 has not stopped growth in the Danish tech ecosystem, but demand for talent is serious roadblock
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 …
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15 October
What is the Future of the Nordic Model? Insights from Oslo Innovation Week
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 …
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7 October
Finland’s Kuva Space raises funding for precision farming and global carbon sequestration from space
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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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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