Nordic Startup News Early Stage Startup News From The Nordics
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 …
Read More »TimeLine Layout
October, 2021
-
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 …
Read More » -
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 …
Read More » -
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 …
Read More »
September, 2021
-
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 …
Read More » -
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 …
Read More » -
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 …
Read More » -
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 …
Read More » -
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 …
Read More » -
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 …
Read More »