Entrepreneurs, Funding, The Nordic

SNÖ Ventures launch new $100m Nordic venture fund backed by Peter Thiel

Oslo-based SNÖ Ventures has launched its second fund to  invest in visionary Nordic entrepreneurs and connect the Nordics  with the US and broader Europe. The new fund targets $100M to invest  in early stage, high-growth Nordic tech companies with the potential to disrupt,  create or capture large markets through transformative technology or  solutions.  By Kremena …

Climate, Communities, Denmark, Social entrepreneurship, The Nordic

Ten startups chosen to accelerate the development of sustainable cities in Nordics

The Copenhagen-based Nordic accelerator Urbantech Program, hosted by BloxHub, has announced the 10 most promising and innovative sustainable technology startups for their 2021 batch. This announcement comes after a global search for urbantech startups. According to the UN, up to 70 percent of the world’s population is expected to live in cities by 2050. This …

News, The Baltics

Civinity invests €15 million in PropTech startups

Civinity, one of the largest facility management and engineering groups in the Baltic states, has announced the launch of their new investment management firm called Pentaframe Capital. Pentaframe Capital plans to invest up to €15 million across the following five years, with focus on real estate, facility management, and smart city tech startups across Europe. By …

Digital Platforms, Finland, International

Finnish scale-up Nosto acquires Stackla, a global visual content marketing platform

The Finnish commerce experience scale-up Nosto has aquired Stackla, a visual content marketing platform for user-generated content. The acquisition is Nostos first acquisition and marks their entrance into the Australian and Southeast Asian markets.  By Uday Radia AI-powered personalized shopping Nosto, a Finnish commerce experience scale-up which helps retailers deliver personalized digital shopping experiences, has …

Funding, The Baltics, The Nordic

Nordic and Baltic investments show progressive trend towards sustainability in 2021

According to reports from, European Capital,  Danske Bank and i5invest, European VC and PE funds have been substantially gaining ground despite Covid-19, and a substantial margin in the Nordics are focusing on investments in energy and sustainability. Norway, Denmark, and Lithuania have a particularly strong focus on investments in these areas in 2021 compared to …

Fintech, The Baltics

Latvia’s Nordigen raises €2 million to expand free open banking API

Latvia’s Nordigen has announced a new €2.1 million investment to expand their freemium model after growing to support more than 1000 European bank APIs.  Investors include Black Pearls VC, Inventure, Highgoal Capital, ID4 Ventures, Calchas Holding and angel investors from across the Baltics including Artis Kehris, Henry Nilert, Gerri Kodres and Riivo Anton. The startup …

Estonia, Funding

Estonia’s UP Catalyst receives funding to produce oxygen on Mars

The technology startup UP Catalyst, founded in 2019, received €50 000 of seed money from the 2021 ESA BIC (Business Incubation Centre) programme for business and product development to boost their novel way of oxygen production on Mars. In addition to the funding UP Catalyst receives technical support from the European Space Agency and hands …

Kiuas Accelerator
Communities, Entrepreneurs, Finland, Hi-Tech, International, News, Social entrepreneurship, The Baltics, The Nordic

Top Finnish startup accelerator expands to the Nordics and Baltics

Summer of 2021 is closing in, and as the world is seeing a surge in optimism with the influx of vaccines, Kiuas, the #1 startup accelerator in Finland, brings exciting news about expansion. Kiuas today revolves around the startup accelerator programs, and with the changing world, it makes to evolve the flagship program, Kiuas Accelerator, …

Denmark, News

Denmark is the second-best funded nation for startups after USA

According to a report by Money UK, Denmark is the second best-funded nation for startup businesses after the US.  With a total of five new business grants offering over $1,000,000, Denmark only lags slightly behind top funding opportunities in the US. The report, which is based on data from the Innovation Investment Index, highlights Denmark …

Blog, Communities, Data/Analytics, Entrepreneurs, Events, Finland, Media, Social entrepreneurship, Sweden

Nordic startups building radical transparency into tech

Getting through the Nordic winter is trying at the best of times. The previous months have provided few hours of sunshine but an infinite amount of “recommendations” (it is to date not legal for the Swedish government to e.g. enforce a lockdown) formulated in almost as many ways as there are media outlets. The Nordics …

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