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Accel raises a $575 million fund to back ambitious founders in Europe and Israel. The Nordics are a key market for this new fund.The Nordics will be a key market for investment Last week, Accel, a global VC firm, announced that it has raised a $575 million fund, its sixth to be invested in early stage companies across Europe and …

Serial entrepreneur Inka Mero launches Voima Ventures, the first VC fund in the Nordics with a focus purely on startups with deep tech and science background The first VC in the Nordics focusing purely on startups with deep tech and science background was launched officially today. Voima Ventures’ cornerstone investors are VTT Technical Research Centre of Finland and European Investment …

NordicNinja VC by JB Nordic Ventures has officially launched its new €100M VC fund in partnership with Panasonic, Honda, Omron, and the Japan Bank for International Cooperation (JBIC). The fund will help Nordic and Baltic scale-up companies enter the technology business ecosystem in Japan and across Asia. “Today, the Nordic startup ecosystem and Japanese blue-chip companies represent something of a …

The founder of the startup Colive wants to use premium Cypriot olive oil to spark global conversations about peace. He connects family farms on both sides of the UN Buffer Zone to create the first product in what he hopes will be an entire line of culturally significant ingredients and foods to encourage cooperation. That idea secured him the Startups4Peace …

BaltCap, together with JBIC IG Partners, a Japanese government backed private equity and venture capital firm, is establishing a new €100m fund focusing on venture capital investments in the field of industrial technology in the Nordic and Baltic region. The fund was announced at Slush 2018 and is launching this year. JB Nordic Ventures is a 50/50 joint venture between BaltCap,  …

The Future of Addiction Treatment Is Digital Kontigo Care follows the personal journey of its founder, Daniel Benitez, who during his alcohol addiction treatment struggled with alcohol relapses even though he received good treatment. He has not been the only case though. Finding out that traditionally 8 out of 10 patients will relapse into addiction, he decided to work on …

A Virtual Fight Against Corruption It’s estimated that 30% of money globally allocated is diverted through acts of corruption annually. Oslo-based social business EnlightAID has the goal to prevent fund misuse with its platform that reads, records, and reports on transactions that happen during fundraising and social and environmental projects. Founders Veronica Celis and Klaus Hatle met in Canada in …

Nightingale Health Enables Preventive Healthcare Teemu Suna and his company Nightingale Health want to help stop the more than 15.5 million deaths from heart disease each year, by focusing on testing and prevention. Nightingale Health says their screening is low cost and three times more accurate than current clinical tools for detecting early heart disease and diabetes. When we look …

Kara Connects Clients with Therapists in a Virtual Office Kara Connect is a startup that was founded in 2015 in Reykjavik by Thorbjorg Vigfusdottir, a former city councilor with a Master’s degree in Education. Building a dedicated team of programmers and healthcare professionals, she has focused on addressing a major challenge pressing the healthcare industry, as well as the education. …

Finding the Way in the Complexity of Clinical Data SMART-TRIAL, a solution developed by Danish IT company MEDEI, helps medical device manufacturers find their way in the complexity of clinical data. It comes at a time when EU Medical Device Regulation introduced in May 2017 puts in place new requirements for the medical device manufacturers. Some of these requirements, such …

Insubalance, the Food Supplement That Can Prevent Diabetes With the number of diabetes patients on the rise, the Norwegian startup Lion Healthcare has focused on shifting from the traditional healthcare that includes treatment once the disease is diagnosed and instead is positioning a solution that would prevent the pre and early-stage type 2 diabetes. The experienced team led by Zy …

Stay Healthy in the Comfort of Your Own Home Aarhus-based startup RaskRask gathers the best Danish massagers into one platform. The platform is available in Copenhagen, Aarhus, Odense, Aalborg, Kolding, Frederiksberg, Risskov, and Norresundby and has an average review of 4.8 out of 5 stars, based on a total number of 856 reviews. Founders Albert Iversen, Jacob Heath, and Jesper Boelt …

Sharing the Noble Goals of the UN for Clean Water In a world where water scarcity affects more than 40 percent of the global population, a  Norwegian startup embarked on a mission with a noble cause – provide cheap water by making proven method for water purification far more efficient. Founded by three young Norwegian and Indian entrepreneurs Aquasolis Global …

Fixing the Problem of the Carbon Markets Established with the goal of reducing greenhouse gas emission, the carbon markets use tradable carbon credits as permits for the release of certain amounts of carbon dioxide by the industries. Making carbon emissions tradable means pricing the pollution which in turn should lead to less pollution. Yet despite their noble goal, the carbon …

Finnish medical software creator Disior has received a capital boost from Maki.vc and seed investors for novel method of analyzing bone fractures and soft tissue. The Finnish company  Disior have developed a novel, AI-powered conversion tool for analysis of bone fractures and soft tissue that cuts down the processing time from weeks to minutes. Compatible with all 3D imaging technology formats, …

A new study on the profitability of angel investing, made by the Finnish Business Angel Network (FiBAN) together with Ruben Moring (Åbo Akademi University), is the first broad study on the national angel activity in Finland.  This is the largest study made about the angel exits in the Nordics. By Claes Mikko Nilsen For professional angel investors, the role of …

Recently successful Finnish startup entrepreneurs have founded an investment and consulting company in order to help fresh, potential founders direct their efforts more productively and avoid easy mistakes. Start Here Ventures offers starting teams support, hints, valuable contacts, as well as a financial investment – preferably already before the registration of the company. By Tuure Parkkinen Each qualified team gets …

The two Danish NGOs, the Children’s Fund and the Maternity Foundation have just received 4.2 million kroner to reduce the number of mothers and infants who die during and after birth in refugee camps in Ethiopia. The Danish-developed Safe Delivery, developed by the Maternity Foundation, will provide 50 local midwives in seven Ethiopian refugee camps with clinical training and teaching …

Rising North is a fund that aims to help Nordic startups become global leaders. It finances with up to €50,000 unique projects and initiatives that tackle the challenges limiting the growth of Nordic companies. The fund is operated in Finland by the Startup Foundation, which is a non-profit founded in 2012 to support entrepreneurship and startups. The fund that totals …

Finland continues to be the most attractive Nordic country for securing foreign direct investment (FDI) projects with 133 ventures commenced in 2016. This is the fifth consecutive year Finland beats its neighbours in attracting FDI projects. According to the Attractiveness Report 2017 by EY, Finland seized 41 per cent of FDI projects started in the Nordics last year. The secured 133 …