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The Nordic Web Weekly - Issue #257

Supporting and strengthening the Nordic ecosystem through investment and analysis, The Nordic Web inv

The Nordic Web Weekly

February 1 · Issue #257 · View online
A weekly curation of the latest investments, exits and stories from the Nordic startup ecosystem compiled by The Nordic Web.

Supporting and strengthening the Nordic ecosystem through investment and analysis, The Nordic Web invests first money into the most ambitious founders and startups from the region

🇩🇰 This week in Denmark 🇩🇰
LuggageHero raises 10.8MDKK
MedTech startup Radiobotics has raised 10MDKK
Invono receives over €750k in their first external investment was acquired by Airbnb
GenieBelt merge into a new construction tech startup, LetsBuild with Belgium’s APROPLAN and raises more capital ($9 million)
Unity acquires Vivox, which powers voice chat in Fortnite and League of Legends

🇫🇮 This week in Finland 🇫🇮
FORCIOT raises EUR 4 million for stretchable electronics
Climate analytics startup 720 Degrees raises €2.9 million
SkenarioLabs funded by innogy Innovation Hub
MetGen receives EUR 500K in EU funding

🇮🇸 This week in Iceland 🇮🇸
geoSilica raises $425,000 Series A round from pension fund Lífsverk
Iceland Venture Studio announces new fund
Silicon Valley Internship Program opens for Icelandic Applications

🇳🇴 This week in Norway 🇳🇴
Energy SaaS company Visavi to receive $1.8M of investment funds from Proventure and SINTEF Venture V
Carbon Solutions has raised 15MNOK
Visavi Technology collects NOK 15 million for collaboration in the workplace
Used books startup Bookis has raised 6MNOK
Travis collects 3MNOK for their automatic travel assistant

🇸🇪 This week in Sweden 🇸🇪
e-commerce startup Fyndiq raised an additional 35.4MSEK from existing investors
Tipser raises $1.3M from existing investors, wants to expand abroad
Shopit completed a $740k investment round from Softhouse and Almi Invest
HorseTech startup Ztable raises $550K to expand outside of Sweden
e-Sports startup Strafe has raised 5MSEK
Econans raised $440k from Gokap and Almi Invest
AdTech startup Adoveo raised $170k from private investors
Car wash startup Woshapp has raised more capital
Cybersecurity startup Baffin Bay Networks acquires US-based Loryka
Storytel acquires the digital newspaper subscription service Ztory
Monterro closes a new fund at SEK 2.5 billion

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