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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
Danish customer support innovator Dixa has acquired Melbourne-based knowledge management platform Elevio in a circa US$15m deal. The acquisition supports Dixa’s long term vision to simplify more aspects of customer service through personalization and machine learning. Dixa’s platform is used by consumer-facing brands to serve customers across multiple channels from a single screen including social media, …
Avokaado, a contract lifecycle management platform (CLM) from Estonia, announces a €700K pre-seed round, including Hong Kong’s ParticleX as a strategic investor. Avokaado was founded by legal tech innovator Mariana Hagström in 2016, after experiencing significant inefficiencies in service delivery during her extensive career as an attorney-at-law and managing partner at a law firm. What …
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