Klang AI Secures €260K Investment with Prominent Business Angels on Board
AI startup Klang AI has raised € 260,000 in a new funding round, attracting investment from high-profile business angels. The funding will accelerate the company’s expansion across Europe and enhance its product offering. The new round includes investments from returning backers Anders Frankel, co-founder of Apsis, and Emil Sjödin from Malmö-based Refined, as well as […]
Miiskin Gets Innobooster Grant to Advance AI-Powered Dermatology Platform
Miiskin, a leading platform for online dermatology consultations, has been awarded the Innobooster Grant to further enhance its AI-driven skin disease triage and autonomous treatment capabilities. The funding underscores Miiskin’s innovative approach to leveraging artificial intelligence to revolutionize dermatological care. “Winning the Innobooster is a testament to our commitment to revolutionizing dermatology care,” said Jon […]
Innoscentia Secures €500K to Launch Smart Food Label Technology
Impact Loop repots Lund-based startup Innoscentia, known for its innovative food waste technology, has raised €500,000 to commercialize its smart food label. The label, which uses reactive ink to detect bacterial growth in real time, aims to revolutionize how consumers evaluate food freshness. Founded in 2015, Innoscentia has spent a decade developing advanced sensor technology […]
Watersprint Acquires Assets of Canadian UVC LED Specialist Acuva Technologies
Lund-based water treatment innovator Watersprint has announced the acquisition of all assets of Canada-based Acuva Technologies, following Acuva’s recent bankruptcy. The deal includes Acuva’s intellectual property and patented IntenseBeam™ Technology, known globally for its energy-efficient UVC LED water purification systems. Strategic Expansion into Global Markets The acquisition positions Watersprint as a stronger player in the […]
Nordic Forestry Automation Raises Round to Drive AI-Powered Innovation in Forestryai
Lund-based Nordic Forestry Automation (NFA), a AI startup for forestry solutions and listed as one of Swedens 33 most promising tech startups in 2024, has secured funding through an investment by Navigare Ventures, a subsidiary of Wallenberg Investments. The investment marks a significant milestone for NFA as it accelerates the commercialization of its AI-based operator […]
Heat Pump Innovator Qvantum Secures €108 Million in Series C Funding
Qvantum, a Skåne-based company specializing in advanced heat pump systems and grid services, has raised €108 million in a Series C funding round. The round includes a €15 million debt facility. The investment included a list of prominent investors with ties to the big corporates: IMAS Foundation (a sister foundation to the INGKA Foundation, which […]
Eupry Secures €23M A-Round Funding
Copenhagen-based startup Eupry, a leader in temperature monitoring solutions, has announced the successful completion of its €23 million ($24 million) A-round funding. The round was led by Chr. Augustinus Fabrikker, a prominent Danish investment company, with continued support from existing investors Ugly Duckling Ventures, the Export and Investment Fund of Denmark, and the Sagitta Family […]
Lightbringer Secures €4.2 Million Seed Funding to Expand AI-Powered Patent Protection Platform
Lund-based startup Lightbringer, which offers an AI-powered all-in-one solution for patent protection, has raised €4.2 million (SEK 50 million) in a seed funding round. The capital injection will be used for expansion into Europe and the US. The round was led by Luminar Ventures and Alliance VC, with additional support from Zenith VC and several […]
Keepit Secures €48M Investment to Expand Global Reach in SaaS Data Protection
Copenhagen-based Keepit, the world’s only independent, cloud-native provider of SaaS data protection, has raised €48 million (DKK 350 million) in a funding round led by existing investors One Peak and Denmark’s Export and Investment Fund (EIFO). This latest round brings Keepit’s total funding to over € 85 million over the past four years. Accelerating Growth […]
Spiideo Acquires Signality to Enhance Automated Sports Video Analysis
Malmö-based sports tech company Spiideo, known for its AI-powered automated video production and analysis tools, has acquired Signality, an optical tracking data provider, Sport Business Journal reports. The acquisition aims to integrate advanced tracking analytics into Spiideo’s offerings for sports teams and leagues worldwide. Financial terms of the deal were not disclosed. Expanding Performance Analysis […]