Wolfpack Raised € 1 Million Seed Investment Despite Resistance from VCs
Copenhagen-based fintech startup Wolfpack announced recently that they had secured about € 1 million in seed funding to enhance its expense management platform, backed by a group of experienced business angels. The startup, which streamlines expense management by consolidating invoices, company cards, and reimbursements into a single system, plans to use the funds to enhance […]
Cerebriu Secures €17.4M to Expand AI-Powered MRI Solutions Globally
Earlier this month Copenhagen-based Cerebriu, who provides an AI-powered solution that optimizes MRI workflows, announced they raised € 17.4 million in a Series A funding round. The round was led by North Ventures, with continued support from EIFO and Sagitta Ventures. The funding will accelerate the expansion of Cerebriu’s Apollo software, improving efficiency and reducing […]
Orbital Systems Sees 94% Revenue Growth in 2023 as Global Expansion Continues
Malmö-based smart water solutions startup Orbital Systems has reported a impressive 94% increase in net revenue, reaching € 14 million (SEK 156 million) for 2023, as reported by Swedish Tech News. Despite a pre-tax loss of € 9 million (SEK 102 million), this marks an improvement from € 11 million (SEK 126 million) in 2022. […]
Scandinavian Biolabs Secures €4 Million to Expand Hair-Loss Product Range
Copenhagen-based D2C brand Scandinavian Biolabs has raised €4 million in a funding round led by Auréa Group, joining existing investor Blazar Capital, reports EU-startups. Founded in 2020, Scandinavian Biolabs has established itself as a leader in non-invasive, science-backed hair-loss solutions, with their Bio-Pilixin Activation Serum gaining significant popularity. “We’ve built a strong foundation with our […]
REDUCED Secures €8 Million in Series A to Accelerate Growth and Market Expansion
Techfundingnews reported that Copenhagen-based food-tech startup REDUCED earlier this month announced it had successfully raised € 8 million in its latest funding round, led by the European Circular Bioeconomy Fund (ECBF). The investment will fuel REDUCED’s expansion into the DACH region and support the development of its innovative upcycled food ingredients. Founded in 2020 by […]
TechBBQ to Move to Bella Center in 2025 After Record-Breaking Event
After a really successful event this year, TechBBQ has announced that it will be moving to a new and bigger location in 2025: the famous Bella Center in Copenhagen. The move comes as the event has outgrown its current location at Lokomotivværkstedet, where it has been held for the past few years. TechBBQ has become […]
Milestone: over 1500 Articles Published
We have hit a milestone: recently we have reached over 1500 articles published on this site, since the start way back in 2013! It feels somewhat crazy, but since our start in 2013, when Karsten Deppert took the initiative and started this website, we have continousely covered what happens in the region. Back then the […]
Event Platform Liveday gets Henrik Zetterberg as Investor
Former NHL star Henrik “Zäta” Zetterberg is one of two new investors in Liveday, a Helsingborg-based startup focused on revolutionizing sports event management. The startup announced it has raised € 350.000 (4 million SEK) in a new funding round led by its owner, Beyond Tickets AB, with Max Sandin, a successful entrepreneur, also joining as […]
Cocoon Airbag Protection Secures Women TechEU Grant, Paving the Way for Safer Child Bicycle Transportation
Cocoon Airbag Protection, a Lund-based startup, has received a grant from the Women TechEU program under Horizon Europe, becoming the only Swedish company to be awarded in the latest round. This funding will support the commercialization of Cocoon’s innovative child safety solution for bicycle transportation, featuring an AI-powered airbag system integrated into child bicycle seats. […]
Squidler Raises €500K to Improve Website Testing
Skåne based startup Squidler has secured € 500.000 (6 million SEK) in angel funding to transform website quality assurance through its fully autonomous testing platform. The investment, backed by entrepreneurs like Filip Lilja (Einride) and Johan Billgren (InRiver), will help accelerate product development and market expansion. Squidler’s platform offers businesses effortless website testing by simply […]