Seed Capital’s invests in an AI software startup Develop Diverse
Founded in 2017, a Copenhagen-based company Develop Diverse has gained tremendous growth in attracting diverse talent and laying the foundation for a culture of inclusion and belonging. Based on many years of international research and Machine learning, the company has worked in the development of custom software, that has enabled several companies to optimize the […]
Trustpilot Chooses London For IPO
The Copenhagen-based online reviews platform Trustpilot will be listed on the London stock exchange and expecting to raise DKK 300 million (~ €40 million). This will make the company be the first European IPO planned in London this year. “We believe that launching an IPO in London will help us ultimately achieve our long-term goal […]
Peakon acquired by Workday for €580 million
Workday, a California based enterprise cloud applications for finance and human resources, has announced they have signed an agreement with Peakon about acquiring the startup. The price has been announced as approximately $ 700 million (€ 580 million) in cash. “Peakon is on the cutting edge of helping organizations turn employee insights into more connected […]
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 […]
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 […]
Monsenso filed for IPO – offering oversubscribed by 238%
Copenhagen based Monsenso, a mHealth startup focused on treatment for mental illness, has filed for an IPO. Recently they announced the result of the of the new share offering in connection with the IPO on Nasdaq First North Growth Market Denmark. Monsenso’s offer of DKK 16-20 million (€ 2-2.6 million) in new shares have been […]
Sentiment analytics start-up Augmento acquired by Postera Capital
Postera Capital, one of Europe’s pioneer in crypto-specific investment products and strategies, acquires sentiment analytics start-up Augmento. Augmento was founded by Michael Baumgartner, Bijan Farsijani and Oliver Spragg in Copenhagen in 2015 “We started Augmento in 2015 when Michael and me studied at the Copenhagen Business School. Back then we did trend intelligence for customers […]
Tencent acquires Malmö videogame developer Sharkmob
More gaming news from Malmö this month. Earlier this week, Tencent Holdings Ltd announced that they had acquired Malmö-based videogame developer Sharkmob, for an undisclosed sum. “We view the future of online gaming the same way and Tencent being a leading internet and games platform gives Sharkmob the reach and resources to be a part […]
Delivery Hero acquires Lund-based food delivery company Hungrig.se
Berlin-based food delivery giant, Delivery Hero, has acquired Hungrig.se. This acquisition, although financial detail is not revealed, was made with a clear vison that Delivery Hero increases its presence in Southern Sweden. “We are extremely happy to have Hungrig.se on board. With its strong local presence and entrepreneurial spirit, it complements Delivery Hero perfectly.” says […]
Realm acquired by MongoDB for € 35 million
Realm, an open-source database geared for mobile applications, has announced they have been acquired by MongoDB. We have previously reported on Realm raising there Series B from Khosla Ventures, and on them reaching 1 billion users already a couple of years back. Now it has been announced they have been acquired by MongoDB, reportedly for […]