Web Manuals to nurture next-gen aviation startups
Web Manuals, a former startup based in Malmö, is now the world leader in aviation document digitization solutions. During these hard times for the aviation industry, the company is launching a freemium package for aviation startups, to boost innovation as the industry emerges from the COVID-19 crisis. The initiative, available for free until the end […]
Anatomic Studios raises €430K for personalized 3d-printed prosthetics
Anatomic Studios is a startup that is offering highly customizable 3D-designed and printed covers for prosthetic users. Customers enjoy a far superior online user experience akin to fashion e-commerce stores, beyond the incomparable physical experience. In preparation for a wider launch, the company just closed its first round of investment, backed by Wellstreet Ventures Fund […]
Seed Capital raises a new €135M fund
Seed Capital is building a new tech fund for Denmark. The have announced that € 67 million has been raised with pledges from among others Chr. Augustinus Fabrikker, Dansk Vækstkapital & Preben Damgaard. The aim is of raising a total of € 135 million. Seed Capital has built a unique position in Denmark as a […]
A new Unicorn in the region – that is both praised and accused
Oatly, the company that develops oat-based diary alternatives, has during the summer raised an investment round that values the company at $2 billion, making it a Unicorn (as private owned companies valued at over $1 billion have become known). The plant-based food industry certainly has momentum. In the US companies such as Impossible Foods are […]
Modcam acquired by Cisco
It has been summer, but not a regular summer. In the startup scene things have been moving. Besides Mapillary being acquired by Facebook, another acquisition has happened: Cisco scooped up Modcam. Founded in 2013, Modcam has developed a smart sensor for image analysis. The founders Bogdan Tudosoiu, Tord Wingren, Karl-Anders Johansson and Jan-Erik Solem have […]
LocalizedDirect raises money for translating games with Gridly
Helsingborg-based localization company LocalizeDirect announces an investment of € 1 million (SEK 10 million) from Entreprenörinvest, owned by The IKEA Family Foundation and a number of Swedish venture capital firms and private individuals, including Innovum Invest. Former investors also participated in the financing round. Together with the deal it was also announced that Jan Andersson, […]
Fieldly raises more capital
End of last year Fieldly raised € 1.5 million, and now it raised another around € 1 million. The PropTech startup continues to focus on Sweden, but has also explored other markets. The startup reports 80% of it’s customer base is in Sweden, but that it has achieved initial customer acquisitions cost as low as […]
New venturefund aimed at helping fight climate-change launched
Earlier this month Pale Blue Dot was launched, a VC fund with the mission to back climate-tech companies. It is a seed stage VC fund, investing in startups and tech that reduces and reverses the effects of climate change. The fund is run by three prominent faces from the startup scene in the region – […]
Mapillary acquired by Facebook
Mapillary, one of the most known startups from the area, has been acquired by Facebook. This Jan Erik Solem, co-founder, announced this evening in a blogpost. “Today, we’re excited to share that Mapillary has joined Facebook to be part of their open mapping efforts. As some of you know, Facebook is building tools and technology […]
Podimo raises €15M Series A to build a podcast ecosystem
Copenhagen based startup Podimo, a fast growing podcasting provider, announces that it has secured € 15 million, led by 83North with participation from existing investors e.ventures and Heartcore. Podimo brings smart curation and discoverability features to listeners, and a new revenue stream to creators. Founded in 2019, Podimo is a podcast and short-form audio platform […]