ERNIT has raised 700,000 USD in funding

ERNIT has just raised a seed round of 700,000 US dollars (4.8 million DKK). The two investors behind the funding is Denmark’s biggest funding company SEED Capital and Danish bank Spar Nord.  The Copenhagen-based company is very excited about the investment.  According to ERNIT, it will use the funding to optimize both the digital and […]

Adlibris buys up Roliga Prylar

Swedish online store Roliga Prylar has now become a part of Adlibris Group. After several years of declining in sales, Alphageek AB who owns Roligaprylar.se has returned to growth again. The figure reached 20 million SEK (2.12 million Euro) in last year from 16 million SEK (1.69 million Euro) in 2015. In early 2015, Anton and Oscar Troedson […]

Ximantis enters the connected cars and autonomous vehicle market

Ximantis, a Swedish startup, has entered the autonomous vehicles and Advanced Driver Assistance Systems (ADAS) software platform, with its Stochastic Re-construction module. This module, in direct communication with the vehicle’s software, can integrate any number of available data sources and completely resolve, in real time, local vehicle interactions. With a mission to provide traffic solutions to […]

Join local events this week!

Want to join a startup community, meet interesting and like-minded people? Here’s some selected events for upcoming week in the Greater Copenhagen Area. Skåne CIO Challenges for 2017 – Enterprise Architecture Challenges – NEA Öresund The evening will focus on the CIO (Chief Information Officer) and how they the difference. IT is becoming something more […]

Safe Solutions is bought by private equity company Pamica

Safe Solutions is a Malmo-based company that has developed software that, together with an infrared camera can detect a potential burglar from the distance of several hundrer meters. Thermal sensor mounted on a 18 meter high pole rotates in an irregular pattern and scans the area of 300 meters 200 times within a minute. “We […]

Growth in Templafy leads to change in management

Success and growth of Templafy, has lead to a change in management of the startup. Former chairman of the board, Jesper Theill Eriksen is now the new CEO of the company and Preben Damgaard has replaced him as the new Chairman of the board. Along with these changes in roles, former CEO and co-founder Christian Lund will […]

Event of PROPELLOR | SPRINGBOARD 

Have you ever thought about being part of multi-billion industry? Have you thought about changing the way film was produced, distributed and experienced?  Have you thought about applying the peak technology such as AI, block chain and big data to the film industry? Then you will be excited to join the PROPELLOR | SPRINGBOARD! This […]

Malmo-based Earin recieved 30 mln SEK (3 mln euro) in venture capital

Malmo-based Earin that develops wireless headphones raised 30 mln SEK (3 mln euro) in venture capital, reports Breakit. The funding round valued the company at 130 million, which is slightly below the expected sales for 2017. In the startup context, it can be seen as a relatively low valuation for a company that has already […]

Exciting startup events for the next week !

Want to join a startup community, meet interesting and like-minded people? Here’s some selected events for upcoming week in the Greater Copenhagen Area. Skåne Health2B – Demo Day, Lund The meeting is hosted by Health2B, the startup with focus on health. During the event, nine startups will present new solutions and improvement to the world’s […]

Nordic Growth Hackers #7: Your business model is constantly evolving

What a lineup for the 7th Nordic Growth Hackers there was! Over 2 billion euro worth of valuation took the stage at the small but intimate event held earlier this week. The founders of Unity, Tradeshift, Siteimprove, Tactile, Penneo and Iconfinder shared how their business models had evolved. David Helgason, founder of Unity, told an […]