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The Nordic Web Weekly - Issue #259

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

The Nordic Web Weekly

February 15 · Issue #259 · 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 🇩🇰
Blockchain startup, now based in the U.S, Chainalysis raised 200MDKK
Dixa has raised a $14 million Series A for their customer service platform
FinTech startup Lunar Way has raised a further 97MDKK
FinTech startup Viabill raised $10M from and Blackfin
Too Good To Go raises a further €6 million to eliminate food waste
eSports sponsorship analytics platform has raised 1.5MDKK
Lensact has taken in an angel investment from David Helgason
Funday Factory has been acquired by Sybo Games
Report: Unity eyes up 2020 IPO
Matrikel1 is expanding

🇫🇮 This week in Finland 🇫🇮
Cloud services company Nordcloud has raised 20 million euros
Enfuce raises 5MEUR for its cloud payment infrastructure
Thirdpresence acquires video platform Flowplayer
Supercell’s CEO reflects on their 2018

🇮🇸 This week in Iceland 🇮🇸
A tiny market in the middle of the Atlantic’: Challenges to starting up in Reykjavik

🇳🇴 This week in Norway 🇳🇴
Sports startup Be Your Best raised 15MNOK from Sno Ventures and angels
Climate startup Ducky raised 3MNOK in crowd equity
Motimate has taken in investment from Rema 1000
Asolvi acquires UK-based service management software developer Vantage Computing

🇸🇪 This week in Sweden 🇸🇪
Kinnevik invests €86 million in online grocery store MatHem, upping its stake to 38%
Peltarion raises $20 million from a hedge fund billionaire and others for its ‘operational AI platform’
Sound startup Dirac has raised 119MSEK more
Castle raises $9.2 million for AI that protects consumer apps from account takeovers
Restaurant digitalizer Leeroy raises 44MSEK
Automated bookkeeping startup Red Flag has raised 17MSEK
AI company Textual has raised 12MSEK to automate text production
Vethem, a “Kry for pets” has taken in investment
FinTech startup Bynk has raised more money from Schibsted
Kronaby smart watches files for bankruptcy
Watty has been taken over by German competitor Discovergy
Insider view: Gender equality is Malmö’s strength
How Tink raised capital from banks but kept its independence
10 coworking spaces in Stockholm to keep on your radar

📚 Relevant reads 📚
Nordic Super Founders: Insights About Billion-Dollar Tech Companies in the Nordics

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