Thorleif Krarup invests in Cardlay and becomes its new Chairman
The Danish fintech startup Cardlay has recently received a major capital injection amounting to more than DKK 1 million ($ 150000). The investment has been made by the previous CEO of Nordea, Thorleif Krarup, who also will be acting as chairman of the company’s board. Cardley is a platform that streamlines expense management and administration […]
Denmark’s largest mortgage provider invests in neobank Lunar Way
Lunar Way has already been backed by angel investors and the venture fund SEED Capital, one of the most successful venture funds in the Nordics. Now mortgage provider Nykredit will have a minority interest too. With this Lunar Way is ready to move into Sweden and Norway later this year, where local partner banks are […]
Skåne tech scene adds jet fuel – Malmö Startups expands
Malmö Startups announces today the recruitment of two local startup ecosystem talents to lead Malmö Startups and help drive faster growth and innovation for the startup community in the south of Sweden: Lovisa Nicklasson and Jeremie Poirier. The two recruits will work hand in hand, serving as Co-Heads of Malmö Startups and will report directly […]
Bookingabus.com receives millions in capital as investment
Bookingabus.com, a danish startup has received capital from renowned investors and is expected to be a big step towards building a stronger foundation of the bus industry. The startup plans on expanding to other European markets with this capital influx. Bookingabus.com has developed an algorithm that calculates the price for the desired trip when the customer has entered […]
Airhelp raises impressive € 10.8 million round
AirHelp, the startup focusing on making claims from delayed flights easy for everyone, has raised over € 10 million ($12 million) in Series A funding. The funding comes from a group of investors and big names, including Khosla Ventures, Evan Williams (co-founder of Twitter, and CEO at Medium), Naval Ravikant (co-founder of Angellist), Jimmy Maymann […]
Coinify raises € 3.5 million from SEB Venture Capital
Fintech-startup Coinify has recoived an investment from SEB Venture Capital. “Coinify is a blockchain payment company with the mission to bridge the gap between emerging blockchain and traditional finance industries. The fact that our current investors are joined by a classic, yet very visionary bank dating back to 1856, sends a strong message to both […]
November First offers warrants as payment to employees
Mikael Langseth Nilsson, CEO & Founder of November First, is using a new system to compensate his employees for their work. Instead of offering high salaries, the employees of November Firs are offered stock options in the company. While this is a method widely utilized in the USA, implementing it in a Danish IT company […]
French carmaker acquires majority stake in Autobutler
PSA Group, Europes’ second biggest carmaker behind the brands Peugeot, Citroën and DS — has acquired a majority stake in auto-repair marketplace Autobutler. Autobutler, founded 6 years ago by Christian Legêne and Peter Zigler, lets car owners get car repair quotes online from garages in Denmark, Sweden, U.K. and Germany, thus bringing greater transparency to […]
Copenhagen based startup uses sharing economy to bring biking to the world
The Donkey Republic bicyclesharing service expands globally with an € 1,5 million investment from The Danish Growth Fund and the Luxembourgbased venture capital fund Howzat. Donkey Republic is setting up to disrupt urban transport around the world, with a business model not relying on public subsidies. Instead by using an AirBnb like model, bike owners […]
A game-changing week for the region
This week has seen some truly big announcements for this regions gaming scene. The biggest, was Unity’s announcement that is raised € 165 milions – and it thus became a “unicorn”, valuing the company at over 1 billion USD. This is a big milestone for the entire region, having a startup from here that has […]