Startup News

Paraglide Announces €4.2M Investment

Paraglide, a Malmö–based startup building AI agents for accounts receivable, has reportedly raised € 4.2 million in Seed funding. The round was co…

Lithea Secures First Japanese Patent for Groundbreaking LIT-Platform Cancer Therapy

Lund-based cancer treatment company Lithea, developer of the LIT-platform – a technology enabling local treatment of solid tumours with an enhanced an…

Qvantum Defies Industry Slump: Heat Pump Maker Announces Partnership with 1KOMMA5° and Secures €19M in Funding

While Sweden’s heat pump giants like Nibe struggle with stagnant growth and plummeting stock prices, and rival Aira grapples with layoffs and leadersh…

HeapsGo Acquired by Everfield

The Copenhagen based app, originally launched in 2014 as Heap and became a viral party app with 500,000 users across Scandinavia and the U.S., was bac…

Footprint Fund closes €76M fund to support 30 climate and DeepTech companies across Northern Europe

While many venture capital firms still treat sustainability as a checkbox, The Footprint Firm is taking a radically different approach. The Copenhagen…

MedVasc secures €2.2M financing and advances its Solutio toward FDA clearance

Lund-based MedVasc has announced they have successfully completed production and testing activities in accordance with its plan. In parallel, the comp…

Kime Raises €2M to Turn AI Search into a Measurable Marketing Frontier

Kime, a Copenhagen-based AI SaaS startup, recently announced they secured a € 2 million pre-seed round led by PSV Tech, with participation from Nordic…

Sproud Secures €1.8M to Fuel European Expansion as Pea Milk Demand Grows

Impact Loop reports that Sproud, the Malmö-based pioneer of pea-powered plant milk, has raised SEK 20 million (€ 1.8 million) from existing investors.…

KRING exits TestaViva in founder-led transaction

Danish venture studio and fund KRING has announced they exited legal tech company TestaViva in a transaction that leaves founders and management as ma…