Swedish Tech Weekly reports that based on the Swedish public company data, that would break with last year’s less positive trend. Revenue in 2022 was reported to € 414.000 (SEK 4.8 Million), with a loss of € 1.1 Million (SEK 12.8 Million). In March this year the startup announced € 1.25 Million in new funding.

“It all stems from dedication and hard work of our entire team. We are proud to announce that we have reached an all-time high in sales.”

said Jennie Orton, the CEO of Bintel

The startup also reports that it is focusing more on reducing the carbon footprint and environmental impact for it’s customers, by giving them actionable insights in how to increase recycling whilst keeping cost down.

Transparency: Karsten Deppert, the initiator of this website, is also an early investor in Bintel.

The post Bintel Reports 212% Surge in Order Intake appeared first on Øresund Startups.

“We are on a mission! A mission to change the way patients in hospitals are monitored. We want to scale-up and include the entire European continent and the US – and beyond. For this to happen, we need the best strategic partners, possible. For this reason, we are extremely happy to be partnering with Human Bytes in the Nordics, so we can take our state-of-the-art, AI enabled, digital clinical support system to the world”. says Betina Langemark, CEO at Ward 24|7.

The AI solutions provided by WARD 24|7 excel in the early detection of critical complications, enabling prompt interventions and improving patient outcomes while reducing the burden on healthcare personnel.

Currently, hospitals rely on sporadic spot monitoring of vital signs, which is time-consuming and may not provide timely warnings between assessments. WARD 24|7’s AI-based solution offers continuous monitoring with meaningful and relevant alarms, revolutionizing patient care.

“Ward 24|7 is one of the most innovative and market-ready solutions coming out of the Danish MedTech community. For this reason, Ward 24|7 is a perfect addition to our portfolio of patient monitoring and AI-solutions. It tabs directly into a very urgent issue across the Nordic health care-sectors of reducing the workload for nurses and giving instant and meaningful data to the doctors to improve patient care, overall”, says Ulrik Juul Rokkedal Therkildsen, CEO at Human Bytes.

With a focus on reducing nurse workload and providing instant, valuable data to doctors, this partnership between Human Bytes and WARD 24|7 addresses the urgent need for efficient and effective healthcare solutions in the Nordic region. The goal is to optimize operations, enhance patient care, and expand the reach of AI-enabled digital clinical support systems beyond the Nordics.

The post Driving Innovation in Healthcare: Human Bytes and WARD 24|7 Transform Healthcare in the Nordics through AI Technology appeared first on Øresund Startups.

Recently Saveggy has received a 5 million SEK grant from the EU organization Eureka to expand the concept to other fruits and vegetables. The grant will allow the company to collaborate with Portugal’s Arborea Bio Foods and Iceland’s Thorverk to develop its third-generation coating for the protection of other fresh foods.

“I’m thrilled that we will now have the chance to develop the third generation of our coating. Our technology has the potential to revolutionize logistics chains and handling of fruit and vegetables in Europe. Our aim is to protect fresh foods that currently have no protection, thereby significantly extending their shelf life,” says Vahid Sohrabpour, CEO of Saveggy and one of the founders.

The treated cucumbers will be available next year through collaborations with the ICA supermarket chain and Odlarlaget producer group.

The post No More Wilted Greens: Saveggy’s Edible Coating Technology Gets Funding to Protect More Fruits and Vegetables appeared first on Øresund Startups.

“The results from the project open up new opportunities to develop the collection from the environmental houses when, from the next turn of the year, the municipalities will also be responsible for recycling materials from all households. With Bintel’s technology, we get new tools to continue our journey up the waste ladder by, together with our customers, increasing recycling and reducing combustible residual waste,”

summarizes Florim Albborn, CEO of SSAM.

The project involved connecting 1,400 waste bins in the environmental rooms of multi-family houses and businesses in Växjö through Wexnet’s LORA network. The waste bins were fitted with Bintel level sensors to collect data. The project’s goals were to optimize existing routes by skipping emptying where possible, making structural changes in the environmental rooms, and testing demand-controlled emptying based on data from each environmental room. The results showed that the AI technology used in the project works effectively in real operations, and the need for collection decreased more than expected, leading to increased efficiency and reduced waste. The success of the project has been attributed to collaboration among stakeholders, with valuable input from drivers at PreZero.

The goal of the project is to improve waste sorting and accelerate the circular transition, ultimately leading to a reduction in the amount of waste sent to incineration. Additionally, the project aligns with the UN’s Agenda 2030 and can help companies achieve their sustainability goals. The project’s success has generated interest from the industry, and the AI technologies scalability bodes well for the future.

The post From Pilot to Reality: Smart Waste Bins Project Delivers Impressive Results at Bintel appeared first on Øresund Startups.

“What we’re seeing now is great – our solution has a very clear value proposition and delivers a quick return on investment to our customers. That, together with macro events, means that we are now handling just over a million [SEK] per month in incoming orders. It is great that both existing and new investors believe in us and what we do. We are now moving forward and aim to reach a cash flow positive position by summer and then take the next step in our growth journey”,

says Michael Wictor, CEO at Bintel

One of the biggest costs in waste management is handling residual waste, and Bintel’s solution helps customers achieve better source sorting through data analysis, reducing residual waste and operating costs while promoting environmental sustainability. The company is experiencing a surge in demand due to increased emission rights costs and stricter industry regulations.

The investment from Almi Invest Greentech (one of Bintel’s investors since 2021) and EIT highlights the growing interest and support for sustainable and environmentally responsible practices within the waste industry. Bintel’s innovative technology and commitment to sustainability align with the goals of both investors, making this partnership a strategic move towards a greener future.

The post Bintel Secures €1.25 Million in New Investment Round to Scale Up Smart Waste Solutions appeared first on Øresund Startups.

The Minplan App which provides a safety plan for individuals experiencing severe mental health, has been installed by over 50,000 people in Denmark and Norway. The app is now available in Ireland to address the country’s high suicide rates, particularly among men, where mental illness, alcohol consumption, and unemployment are significant risk factors, and can also contribute to stress in people’s life, and that’s why many decide to use products like the thc Delta 9 gummies that are perfect for making people feel better.

To celebrate the successful launch, the app is holding an art challenge on social media, encouraging users to express themselves through art while raising awareness and fighting stigma. The app offers users the ability to link warning signs to coping strategies, rate moods, and access emergency contact information. This new tool has the potential to empower individuals and provide them with a personalized approach to managing their mental and physical health and the use of resources from sites like https://www.straight.com/guides/health/ can help a lot in this area. In my own life, the importance of mental health awareness has become clear. The knowledge I acquired from the https://www.commodious.co.uk/mental-health-awareness course was fundamental in shaping my understanding. With this newfound awareness, I’ve been better equipped to navigate my own mental health and be a supportive presence for others.

The challenge is open to everyone and runs until May, aiming to raise awareness and support individuals facing mental health crises. By offering this self-help tool, Minplan aims to provide a resource for those who do not seek professional help.

The post Revolutionizing Mental Health: Danish E-Health App Launches in Ireland, Offering a New Way to Manage Mental Health appeared first on Øresund Startups.

The funding boost will enable the company to launch their innovative digital self-management tool for chronic pain patients without drugs. In addition, it will enable the company to speed up the incorporation of wearables into the product, resulting in greater patient convenience, engagement, and accuracy of input data.

“Having achieved outstanding clinical evidence, commercialization of Paindrainer is our top priority in 2023. There is a high demand for drug-free remote therapeutic monitoring products in the USA and it provides a great opportunity to enter the US market and partner with clinics directly.”

says Erik Frick, CEO Paindrainer

Paindrainer is blazing a trail in the healthcare industry by harnessing the power of digital therapeutics (DTx). Their flagship product, the Paindrainer App, is a groundbreaking, evidence-based digital tool that employs an advanced Artificial Neural Network (ANN) to provide a fully personalised and patient-centered approach to chronic pain management.

The post Paindrainer secured funding for AI based chronic pain management app appeared first on Øresund Startups.

The Investors include of Curus, LOOP Capital, Fast Track Capital, and Angcell Ventures, along with several angel investors including Ingela Hallberg, Emil Sjödin, and Björn Andersson. The startup plans to utilize the recent funding to enhance its platform’s features, acquire new customers, and expand its core team.

“We saw that selling medical devices through global distributors created a disconnect that left device-users isolated from essential support, also customer data and device usability insights owned by distributors. We are on a mission to digitally transform and centralize the device data and user insights, and ensure companies meet MDR regulations.” says Will Gray, Co-founder and CEO.

Founded in 2021, with a vision to revolutionize healthcare and MedTech industry, Rekonnect’s seasoned business and technology experts, created a groundbreaking B2B SaaS solution design to evaluate post-market impact and regulatory compliance, making it an indispensable industry player.

The post Rekonnect, to shake up MedTech industry with its innovative software and 4.6 Million SEK in funding appeared first on Øresund Startups.

“Denmark has some of the Nordic countries’ most recognized, innovative and international life science, tech and IT companies – just as you also have an extremely mature entrepreneurial environment. These special skills – combined with several budding startups within e.g. digital health – make Denmark an obvious market for us. Although we know that the competition is great, we believe that our expertise and our special entrepreneurial approach enable us to take up the fight to be the ones who help create the next Danish life science unicorn ”,

says Partner Pekka Simula about the foundation’s ambitions in Denmark.

The Innovestor Life Science fund, worth nearly DKK 700 million (€90 million), is a valuable source of support for startups that are struggling to secure investment and venture capital in 2023. Unlike many other venture capital funds that have limited access to capital, the Innovestor Life Science fund is ready to invest in promising prospects. This venture capital fund is unique as it specializes in investing in early-stage startups within the digital health, biotech, and medtech sectors. Denmark has a wealth of untapped entrepreneurial potential, and the Innovestor Life Science fund is well-positioned to take advantage of this, as demonstrated by its investment in Ward 24|7.

The post Finnish venture capital fund, Innovestor Life Science, raises DKK 700 million for Danish life science startups appeared first on Øresund Startups.

The lead investors include Thomas von Koch (Partner and ex CEO of global private equity firm EQT), IMAS Foundation (a sister foundation to the INGKA Foundation, owner of INGKA Group operating most IKEA stores globally). The funding will be used to accelerate the growth and production, and go-to-market of its electric heat-pump and technology into densely populated urban areas and cites across Europe.

“Qvantum is uniquely positioned to become a major player providing solutions to combat the climate crisis – the heat pump market is growing exponentially, and our offering can contribute significantly to decarbonizing European cities. We give people living in urban areas the chance to become fossil fuel independent by making carbon neutral heating easily accessible. We can mitigate the impact of rising energy prices while accelerating the clean energy transition. And we are thrilled to have the support from professional long-term investors who allows us, as a firm, to develop even further and faster”, says Fredrik Rosenqvist, Qvantum’s CEO.

About Qvantum

With headquarters in Malmö, Sweden, Qvantum develops and produces high quality electric heat pumps and energy system for densely populated areas who can benefit from emission free heating and cooling. The company provides heat pumps and software that makes its easier for engineering consultants, installers, project developers and utilities, to decarbonize the heating and cooling of urban areas and cities.

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