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Nordic venture

Clothing factories
Norrsken, Partech lead €5m round for Material Exchange

Startup was founded last year and has reportedly raised $8.2m so far

  • Early-stage
  • 30 November 2020
Cement mixer trucks
Voima Ventures leads €2m round for Betolar

Startup will use the proceeds to start the commercialisation of its product to global markets

  • Early-stage
  • 19 November 2020
Online real estate portals
Innovestor leads €1.1m seed round for Linear

Startup will use the proceeds for future growth and expansion to new markets

  • Early-stage
  • 12 November 2020
Quantum computing
MIG leads €39m series-A round for IQM

"Deep tech" startup has so far raised €71m since being founded in 2018

  • Early-stage
  • 11 November 2020
Restaurant reviews and blogging services
PE-backed Trustpilot to list in H1 next year – report

Danish internet company could reportedly be listed at a valuation of $1bn

  • Exits
  • 30 October 2020
Coffee beans
Vækstfonden et al. in €1.1m seed round for Kaffe Bueno

Startup plans to use the seed funding for launching new products, scaling up production, growing its team and to cover costs for patents

  • Early-stage
  • 28 October 2020
Housemates and flat shares
LifeX raises €6m from Cherry, Vækstfonden et al.

Startup has raised €15m in funding since being founded in 2017

  • Early-stage
  • 28 October 2020
Mobile banking apps
Lunar raises €40m in series-C funding

Startup has so far raised more than €100m and is backed by VC firms Seed Capital, Greyhound, Augustinus, Socii and private investor David Helgason

  • Early-stage
  • 26 October 2020
Promotions and recruitment
EQT launches EQT Growth; hires Marc Brown as head

Brown joins from Microsoft where he led 185 acquisitions for the company

  • GPs
  • 19 October 2020
Marketing agencies and creative design firms
Newion leads €2.5m round for Mediatool

Financing round is aimed at bettering marketing campaign management for global brands and realising growth targets

  • Early-stage
  • 15 October 2020
Food delivery services
Wolt raises €7.5m from angel investor Lukasz Gadowski

Investment brings the total amount that Wolt has raised to €267m

  • Nordics
  • 14 October 2020
Tumour analysis and biotechnology
Novartis, Novo lead €9m series-A for Rappta Therapeutics

Round also saw participation from family office Advent Life Sciences, and Business Finland

  • Early-stage
  • 14 October 2020
Online learning courses and home office setups
Bonnier, Frog lead €15m series-B round for Winningtemp

HR technology startup has so far raised €18.5m since being founded in 2014

  • Early-stage
  • 09 October 2020
Einride maufactures autonomous shipping vehicles
Norrsken, EQT Ventures et al. in $10m round for Einride

Electric trucks startup has raised $42m in financing since being founded in 2016

  • Early-stage
  • 02 October 2020
Cyber security firms
LogPoint raises $30m in series-B round

Cybersecurity firm has so far raised $42m over three rounds

  • Expansion
  • 01 October 2020
Biotechnology and medical sciences
Eir Ventures leads seed funding round for Synklino

Startup focuses on developing therapies against viral infections

  • Early-stage
  • 30 September 2020
Microscopes and laboratory equipment
Soleus and Eir lead $64m series-D round for Galecto

Biotech company has so far raised around $160m since being founded nine years ago

  • Expansion
  • 30 September 2020
Chatbot assistants
Seed Capital leads €4m funding round for BotXO

Around €2m comes from Seed Capital, while Vækstfonden is providing a syndicated loan of €1.8m

  • Early-stage
  • 25 September 2020
ICEye runs a network of imaging satellites
True Ventures leads $87m series-C round for ICEye

Space-tech startup has so far raised $152m since being founded in 2015

  • Expansion
  • 24 September 2020
Checking energy consumption on a smartphone
Inven, Contrarian lead €5m series A round for Eliq

Startup is a provider of customer engagement software to utility companies

  • Early-stage
  • 23 September 2020
Macbooks and refurbished Apple products
Icebreaker leads €1.6m round for Fixably

Startup will use proceeds to accelerate its expansion into the US and increase presence in Europe and Asia-Pacific

  • Early-stage
  • 21 September 2020
Physiotherapy exercise
Kinnevik leads $23m series-A round for Joint Academy

Healthtech company has raised $34.2m since being founded six years ago

  • Early-stage
  • 18 September 2020
Mood surveys
Nauta Capital leads €4.7m series-A round for HappySignals

New round brings company's total funding so far to €6.2m

  • Early-stage
  • 17 September 2020
Cloud computing software and services
One Peak leads $30m series-A round for KeepIt

Round is reportedly the largest SaaS investment in a bootstrapped company in the Nordic region

  • Early-stage
  • 15 September 2020
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