Creathor Venture announced this week that it is leading a financing round of up to €14 million for Helsinki-based Blueprint Genetics, an AI-enabled clinical genetic testing company. Blueprint Genetics is among a wave of Nordic companies using AI within med-tech, including Lytics, Medeye, and Nox Medical. Blueprint Genetics, which launched in 2012, provides clinical genetic …
In 2016, Finnish startup and early stage growth companies raised the second highest amount of venture capital funding in Europe when looking at investments as percentage of GDP. The investment amount was almost twice as large as the European average. Sweden and Denmark are also among the top countries attracting venture capital. Finns can be …
Nordic design is indeed trending worldwide. In less than three hours the new Danish watch brand IVER Denmark reached their funding goal on Kickstarter with backers from four continents, going well beyond the expectations of the team. Founder Kristian Asbjørn Iversen, shares his insights as to how they prepared for the launch. By Kristian Asbjørn …
Last weeks Arctic 15 three day event succeeded in offering a glimpse into the bright future of the Nordics as hundreds of investors, startups and corporates converged once again in the familiar old industrial complex of Kaapelitehdas the ‘Cable Factory’ in western Helsinki. Arctic 15 has grown steadily since its first event in 2011 and …
bSaka founders Matilda Waldner, Kicki Hallberg, and Sandra Ny met while work as sheep-shearers in Stavanger, Norway. They found they shared an entrepreneurial mindset, and 6 years later had founded their first company, along with their friend Henrik Moricz, a lifestyle brand and clothing line designed to offer environmentally friendly and timeless clothing. In their …
Rising North is a fund that aims to help Nordic startups become global leaders. The fund was launched in October 2016 with a NASDAQ bell ringing as part of the #nordicmade trip to New York. In her keynote speech at the fund’s launch, Helga Valfells, CEO of NSA Ventures, Iceland, and Steering Board Member at Rising …
On CanopyLAB’s ed-tech platform, companies, NGOs and institutions offer online courses focusing on learning through interaction to support the next generation of e-learning. The vision now has a large investment from a number of business angels. During a research visit to Australia, PhD scholar, Sahra-Josephine Hjorth of Aalborg University became interested in how social media …
Last week, Helga Valfells, CEO of NSA Ventures in Iceland, along with two of the funds’ investment managers, Jenny Ruth Hrafnsdottir and Hekla Arnadottir, announced that they have left NSA Ventures to start their own VC fund, Crowberry Capital. According to the team at Crowberry Capital, NSA has been reviewing its’ investment strategy since 2012 …
A delegation of Nordic startups rang the bell at the Nasdaq in New York on October 11th, as part of the #NordicMade showcase. #NordicMade is a community initiative that aims to build bridges between global tech regions and strengthen Nordic cooperation. The bell-ringing also signaled the launch of a new €1.5 million Nordic fund. Helga …
Paralenz, a new project by Danish design agency Moef, has broken a Kickstarter record, by obtaining a third of their funding in just the first 8 minutes of their crowdfunding campaign. Paralenz is a high-performing underwater camera especially designed for divers. To be deep under the sea is like stepping into another mysterious, fantastical world. …