Paindrainer Raises €800K and Expands in the US
Paindrainer, a leading digital therapeutics company, has successfully secured over € 800,000 in an oversubscribed share issue. The investment round was supported by notable investors, including Almi Invest, Fredrik Sjödin via Tramontane Invest, ReThink Capital, and existing shareholders. The funds will be used to drive the commercial rollout of Paindrainer’s groundbreaking, drug-free, digital remote therapeutic […]
Bookboost Secures €3.6M to Revolutionize Hospitality CRM
Malmö based Bookboost, which runs a hospitality CRM platform, has announced a € 3.6 million funding round led by Vendep Capital. This investment marks a pivotal moment for the company as it aims to redefine guest engagement in the hospitality industry. Bookboost’s innovative approach to Customer Relationship Management (CRM) sets it apart from traditional systems. […]
Fåhraeus Startup & Growth Closes €74M Fund to Expand Investments in Tech and Life Science
Lund-based venture capital firm Fåhraeus Startup & Growth (FSG) has successfully closed its second fund at € 74 million (849 million SEK), significantly larger than its first fund of € 26 million (300 million SEK). The firm, founded by Christer Fåhraeus and Emanuel Stihl, focuses on investing in early-stage tech and life science companies, with […]
Hybird Energy Secures €2.4M to Revolutionize Energy Management for Commercial Real Estate
Copenhagen-based startup Hybird Energy has raised € 2.4 million in funding to scale its innovative AI-powered energy management solutions. The round was co-led by Swedish venture capital firm BackingMinds and UK-based Climate VC, Transition, with participation from a strong lineup of existing and new investors, including 2degrees, EIKON Capital, and several notable angel investors from […]
Recoma Secures €2.6M to Scale Circular Construction Solutions
Recoma, a circular economy innovator specializing in sustainable construction materials, has raised € 2.6 million (SEK 30 million) in a funding round aimed at meeting climate funding requirements and scaling its operations. With significant backing from established investors and a bold vision for international expansion, Recoma aims to triple its sales in 2025. Recoma transforms […]
Xaga Surgical Secures € 700 k to Revolutionize Medical Needles and Expand to the U.S.
Helsingborg-based HealthTech startup Xaga Surgical has raised € 700,000 (SEK 8 million) in an investment round to expand its operations to the U.S. and further develop its innovative medical needles aimed at reducing infection risks and improving cancer diagnostics. The round included about € 250,000 from Almi and similar amount from SmiLe Inject Capital, alongside […]
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 […]
E-commerce Park Expands to Mindpark, Strengthening Innovation Ecosystem
E-commerce Park of Sweden, a key player in fostering innovation within the e-commerce and retail sectors, has announced its expansion to Mindpark in Helsingborg. Beginning in 2025, this move will combine E-commerce Park’s expertise with the vibrant coworking and entrepreneurial environment of Mindpark, creating new opportunities for startups and established businesses alike. A Strategic Move […]