
Finland’s Metaktik Raises €1 Million Pre-Seed to Bring Metasurface Antennas to Market
Finland‑based Metaktik, a spin‑off from Aalto University, closed a €1 million (~$1.08 million) pre‑seed round led by Maki.vc to bring its metasurface antenna technology to market. The ultra‑lightweight, flexible antennas can be integrated into drones, satellites and ground platforms, improving communications, radar performance and stealth. Metaktik is targeting a market estimated at over €6 billion (~$6.5 billion), driven by a projected three‑fold increase in UAVs and satellites over the next five years. The new capital will fund industrial scaling, product development and strategic defense‑telecom partnerships.

Finnish Startup Test of Things Lands €1.2 Million Pre-Seed to Automate Connected Device Security
Finnish cybersecurity startup Test of Things secured €1.2 million (about $1.3 million) in a pre‑seed round led by Vendep Capital, with participation from Business Finland and several angel investors. The company is developing an AI‑driven platform that automates security testing and regulatory...

Danish Startup Cernel Secures €4 Million Seed to Fix Broken Product Data in Ecommerce
Danish AI startup Cernel raised €4 million (about $4.4 million) in a seed round led by Seed Capital to address fragmented product data in ecommerce. The company offers an AI‑powered infrastructure layer that automatically structures, enriches, and validates supplier information, promising up...

Swedish Endform Raises €1.5 Million to Speed up Web Testing for AI-Era Development
Swedish startup Endform announced a €1.5 million (approximately $1.6 million) Series A round led by Alliance VC and other investors. The funding will accelerate its platform that slashes Playwright end‑to‑end test execution from roughly 30 minutes to under two minutes by running thousands of...

NAD Strengthens Board with Former UK Armed Forces Minister James Heappey
Nordic Air Defence (NAD), a Stockholm‑based defence‑tech startup, announced the appointment of former UK Armed Forces Minister James Heappey and Head of Product Nicholas Högasten to its board. The move comes as NAD pushes its K100XR autonomous interceptor into European...

Norway’s Unleash Secures $35M Series B to Bridge the Gap Between AI Speed and Software Stability
Oslo‑based Unleash announced a $35 million Series B round led by One Peak, bringing its total capital to $51.5 million. The open‑source FeatureOps platform lets enterprises toggle, test, and roll back AI‑generated code in real time, addressing the stability drop linked to faster...

Swedish Noru Attracts Nordic and Global Investors for AI Compliance Platform
Swedish startup Noru announced a €553.9K (~$600K) pre‑seed round led by Ampli Ventures, with participation from Andreessen Horowitz a16z Seed Fund, SSE Business Lab and several Nordic operators. The company’s AI‑native “agentic compliance” platform embeds regulatory processes directly into developer...

Swedish Legora Lands $5.55B Valuation Less than a Year After Entering the U.S.
Legora, a Swedish legal‑tech startup, closed a $550 million Series D led by Accel, pushing its valuation to $5.55 billion. The funding will fund U.S. expansion, adding offices in Houston and Chicago and scaling headcount to over 300 by the end of 2026....

Finland’s Behavix Teams up with Fair Response to Expand Behavioral Data Platform in the US
Finland‑based Behavix has entered a strategic partnership with U.S. panel operator Fair Response to integrate its AI‑powered passive behavioral data with Fair Response’s high‑quality survey responses. The combined platform will enable clients in market research, advertising and finance to link...

Norwegian Photoncycle Bags €15M Series A to Launch Seasonal Solar Storage in the Netherlands
Oslo‑based Photoncycle raised €15 million in a Series A round led by NordicNinja and Voima Ventures to commercialize its solid‑state hydrogen storage system. The technology stores excess summer solar power as hydrogen for winter use, targeting Dutch and Danish households as net‑metering...
Estonian Defence Startup Frankenburg Technologies Lands €30M Series A to Scale Missile Manufacturing
Estonian defence startup Frankenburg Technologies secured a €30 million Series A round led by Plural, with participation from SmartCap, to expand missile manufacturing across Europe. The capital will fund modular, containerised production hubs in the UK and Germany, each designed to output...
Danish Agritech Startup Mycoverse Secures €2.4M Pre-Seed Funding to Combat Potato Blight with Fungal Biocontrol
Denmark‑based agritech startup Mycoverse has secured €2.4 million in pre‑seed funding to develop AI‑driven fungal biocontrol against potato late blight. The round, led by Future Food Fund and HTGF with participation from PINC, will fund two years of field trials and...

Maria 01 Report Shows Finnish Startups Tripled Funding in 2025
The Maria 01 Impact Report reveals Finnish startup funding surged to €337 million in 2025, more than tripling the €102 million recorded the year before. This growth came as overall European venture capital contracted, highlighting Finland’s out‑performance in a weak market. The surge...

Latvian Startup Report 2025 Shows Rising Productivity and Strong Economic Impact
Latvia’s startup ecosystem reached 569 active firms by the end of 2025, generating €610.5 million in turnover—a 15% increase over 2024. The sector employed over 5,100 people with an average gross salary of €2,820, translating to roughly €134,000 turnover per employee....

Swedish Agaton Raises $10 Million Seed to Turn Customer Conversations Into Revenue Intelligence
Swedish AI startup Agaton secured a $10 million seed round led by Inception Fund and Alstin Capital to scale its agentic AI platform that transforms everyday customer conversations into real‑time revenue intelligence. The software detects buying intent, sentiment shifts and churn...

Danish Healthtech Hemi Health Secures €4 Million Seed to Expand Migraine and Concussion Care
Danish health‑tech startup Hemi Health has closed a €4 million seed round led by EIFO and Swiss Health Ventures to scale its structured migraine and concussion care model beyond Denmark. The female‑led company blends physical clinics with a proprietary digital platform...

Finland’s Tangled Raises $4.5 Million to Build a European Open-Source Alternative to GitHub
Finland‑based Tangled secured $4.5 million in a round led by byFounders, with participation from Bain Capital Crypto, Antler and notable angels including former GitHub CEO Thomas Dohmke. The startup is building a next‑generation code collaboration platform on Bluesky’s AT Protocol, aiming...

Finland’s Prenew Secures €1.8 Million to Scale Its Used Gaming PC Marketplace Across Europe
Prenew, an Espoo‑based marketplace for refurbished gaming PCs, has raised €1.8 million in a round led by Antler, with participation from several European VCs and operator syndicates. The funding will finance expansion into new European markets and a hiring surge of...
Finnish Zenniz Raises $6 Million to Scale Smart Tennis Courts Globally, Establishes U.S. HQ in Atlanta
Finnish sport‑tech firm Zenniz secured a $6 million financing round to accelerate its global rollout of all‑in‑one smart tennis courts. The round, led by Butterfly Ventures with participation from Superhero Capital, Seventure Partners, Bromélia Capital and angel investor Miki Kuusi, will fund...

Arctic15 Turns 15, Anniversary Edition Opens with Exclusive Early-Bird Pricing
Arctic15 is marking its 15th anniversary with a June 11‑12, 2026 conference in Helsinki, featuring a curated showcase of 100 breakthrough startups, dedicated experience zones, and new LP‑GP and Defence Tech summits. The event emphasizes high‑quality, one‑to‑one matchmaking between founders...

Norway’s Trener Robotics Closes $32 Million Series A to Turn Industrial Robots Into Adaptive Teammates
Trener Robotics announced a $32 million Series A round, bringing its total funding to over $38 million. The capital, co‑led by Engine Ventures and IAG Capital Partners with strategic investors Cadence and Nikon, will accelerate development of Acteris, a robot‑agnostic AI skills platform...

Lithuania’s Tingit Lands €1.5 Million to Turn Repairs Into Digital Infrastructure
Vilnius‑born startup Tingit has closed a €1.5 million funding round led by Coinvest Capital to accelerate its AI‑driven repair marketplace across Europe. The platform uses image‑based AI to diagnose damage, match items with vetted specialists, and provide instant price and timeline...

Lithuanian Regtech Copla Bags €6 Million to Scale Compliance Infrastructure Beyond the EU
Lithuanian regtech Copla secured €6 million Series A financing led by Iron Wolf Capital, with participation from Operator Stack and existing backers. The startup provides a real‑time ICT compliance platform that translates complex EU rules such as DORA, the AI Act and...

Danish Foodtech REDUCED Brings Series A to €12 Million to Support Industrial Rollout of Clean-Label Savoury Ingredients
Copenhagen‑based REDUCED announced a €4 million Series A extension, bringing its total Series A funding to €12 million. The round, co‑led by Delphinus Venture Capital and backed by Novo Holdings, ECBF and EIFO, will finance scale‑up of its solid‑state fermentation platform that transforms food‑industry...

Finland’s SportIQ Secures $6.2 Million Series A to Expand Smart Ball Technology
Finland‑based SportIQ raised $6.2 million in a Series A round led by KB Partners and other investors. The funding will fuel international expansion, new hardware development, and adaptation of its in‑valve sensor for sports beyond basketball. SportIQ’s smart basketball, equipped with patented...

Swedish CubaseBio Emerges From Stealth with €5.9 Million to Scale Volumetric DNA Microscopy
Swedish startup CubaseBio has emerged from stealth after raising €5.9 million in blended financing – a €2 million European Innovation Council grant plus €3.9 million from Voima Ventures, Nordic Science Investments, Illumina Ventures and other life‑science investors. The capital will accelerate development of...

Danish Fintech Pluto Secures New Funding From Seed Capital and Unicorn Founders to Scale Commission-Free Investing Across Europe
Copenhagen‑based fintech Pluto announced a €5 million funding round led by Seed Capital and a syndicate of ten Danish unicorn founders, including executives from Pleo, Synthesia and Zendesk, with footballer Thomas Delaney also participating. The capital will fuel the launch of “Pluto...

Swedish-British Unibloom Teams up with SAP to Turn Climate Data Into Daily Purchasing Decisions
Swedish‑British startup Unibloom has partnered with SAP to launch Unibloom Switch AI within SAP’s enterprise ecosystem. The solution uses AI agents and country‑level emissions, land‑use and cost data to let procurement teams compare suppliers, materials and geographies in minutes, balancing...

Latvian Deep Space Energy Raises €930K Pre-Seed to Develop Radioisotope Power for Moon and Satellites
Latvian deep‑tech startup Deep Space Energy has closed a €930 k pre‑seed round, led by Outlast Fund and supplemented by ESA, NATO DIANA and Latvian government grants. The capital will accelerate development of a radioisotope power generator that uses Americium‑241, delivering...

Sweden’s IPercept Secures Large-Scale Gulf Rollout with Quant Gulf
Sweden‑based industrial AI firm IPercept has inked a partnership with Quant Gulf to roll out its CNC machine intelligence platform across the Gulf region. The deal, valued at up to €10 million, will see the patented diagnostics and universal data layer...
Antler Launches Always-On Nordic Residency and $100M+ Fund to Accelerate Startup Investment
Antler has unveiled an always‑on residency for Nordic founders, backed by the $100 million‑plus Antler Nordic Fund II—three times larger than its first fund. The continuous program replaces biannual cohorts and can approve investments within two to six weeks. Selected startups receive...

Lithuanian Axiology Raises €5M Seed to Scale DLT-Based Capital Markets Infrastructure in Europe
Lithuanian fintech Axiology secured a €5 million seed round, bringing its total funding to €7 million, to expand a regulated, DLT‑based trading and settlement platform under the EU’s DLT Pilot Regime. The company holds a rare Distributed Ledger Technology Trading and Settlement...
Finnish Startup Optivian Raises $2 Million Pre-Seed to Turn AI Into a Sales Execution Workforce
Finnish startup Optivian secured $2 million in a pre‑seed round led by Failup Ventures and AI veteran Tero Ojanperä. The company is building an agentic AI platform that autonomously handles execution‑heavy B2B sales tasks, from business‑case creation to next‑best‑action recommendations. Early...

Norwegian AI Startup Watchdog Raises $600K to Catch Costly Invoice Errors
Oslo‑based AI startup Watchdog announced a $600,000 seed round led by venture studio Askeladden & Co and angel investors from OpenAI, Encube and Riff. The funding will accelerate development of its AI‑powered invoice verification tool that automatically cross‑checks invoices against...