Copenhagen Atomics raises €20 Million for the development of thorium molten salt reactors
A Danish molten salt technology company, Copenhagen Atomics recently announced that it has secured €20 Million of funding to accelerate the development of thorium molten salt reactors. “This funding will accelerate our technology development and support our roadmap towards commercial reactors online in 2028. Copenhagen Atomics has continued to focus on developing thorium reactors for […]
Freepik acquires Iconfinder
Copenhagen based company Iconfinder, an iconic startup in the region, was recently acquired by Spain based Freepik Company. The acquisition will aid in global market expansion as well as strengthen Freekpik Company’s position as a global leader in the content market. “Both companies share a similar vision of how we want the business to go […]
RemotiveLabs, a AutoTech company, secures funding of €900K
Malmö-based AutoTech company, RemotiveLabs recently raised a funding of €900K from investors like Volvo Cars Tech Fund, Almi Invest and private investor Anette Saleskog. The funds will be used to further develop the platform and scale it globally in the global marketplace. “Speed and quality in software development is defined by iteration. Yet in the […]
Fintech company Moneyflow raised €250 Million
Moneyflow, a Copenhagen based company, recently raised € 250 million from a Belgian neo-bank and partner Aion Bank. The funds will be utilized to expand its platform. Aion Bank would receive a third of Moneyflow’s revenues in exchange for the money, which would aid in the growth of small and mediums sized enterprises in the […]
French JobTeaser acquires SaaS startup Graduateland
Copenhagen startup Graduateland recently got acquired by French JobTeaser to expand its presence in the growing market. As the European market leader, the goal is to create job fairs for talents across Europe, leading to sales. “We have found the perfect match with JobTeaser, with whom we have been continuously talking since 2016. Due to […]
Cybersecurity platform, Muninn raises €2.5 million
A seed round of €2.5 million was recently secured by Muninn, a Copenhagen-based AI-driven cybersecurity company, with the help of Luminar Ventures and previous investor PreSeed Ventures. With the growing need for threat detection and prevention tools in businesses and governments, Muninn artificial intelligence technology aims to help all types of organizations defend their networks […]
Danish startup Zuuvi expands to Sweden
The Danish SaaS startup, Zuuvi, reports that it has hired Marc Hillander and Patrik Zuckermann, with the goal to grow in the Swedish market. “Marc and Patrik have successfully grown SaaS companies together and have an impressive network in Sweden which is super relevant to Zuuvi. They can go directly to the Swedes and demonstrate […]
Sharedrobes, Swapping Lab concept turn heads at SS23 Copenhagen Fashion Week
Copenhagen-based startupSharedrobes recently garnered media attention during SS23 Copenhagen Fashion Week with its innovative “Swapping Labs” concept, where fashion guests could bring and utilize their clothing as currency to renew their wardrobes. Studies show that Danish women buy an average of 11 kg of clothing each year, 80 percent of which goes unworn. Additionally, 30% […]
Climate tech startup EIVEE receives €4M of funding
EIVEE, a Copenhagen-based startup, recently received funding of €4 million (DKK 30 million) from SEED capital. To address the issue of Carbon emissions, the funds will be used to accelerate the platform’s growth for both cost reduction and carbon removal reporting. The SEED capital will also help in the growth of Scandinavia’s customer base. “All […]
Woodsense strengthens its Scandinavian expansion by establishing a sales department in Norway
Woodsense, a Copenhagen-based tech startup, recently announced an investment round of €350K (DKK 2.6 million) aiming at promoting the green transition in the construction industry. With the increasing interest from Scandinavian countries, including Norway, the startup has recently established an independent sales department in Norway. As part of the Scandinavian expansion, the goal is to […]