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The Nordic Web Weekly - Issue #265

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

The Nordic Web Weekly

March 29 · Issue #265 · 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 🇩🇰
Nustay is set to go public
Health startup DrugStars has raised 18MDKK from byFounders and Inventure
Eatie raises capital from business angel René Fonseca
Blockchain startup Firmo has been acquired by eToro
Ezenta, a cybersecurity startup was acquired by Nixu

🇫🇮 This week in Finland 🇫🇮
Rovio invests indirectly in novel game ideas, pumping $3 million into young VC fund Play Ventures
Teraloop has secured an EU Horizon 2020 grant of 2.4 million euros for its energy storage technology pilot

🇮🇸 This week in Iceland 🇮🇸
GRID raises an additional $3.5m seed round led by BlueYard capital
Innergex sells stake in Icelandic energy firm HS Orka for $305m to Macquarie fund

🇳🇴 This week in Norway 🇳🇴
Unloc has raised 6.9MNOK
Here’s an overview of 16 Norwegian companies that invest in startups: What they are looking for and how much they invest

🇸🇪 This week in Sweden 🇸🇪
New batch of startups at THINK Accelerate

Preglife has raised between 50-90MSEK
Payments startup Dicopay has raised 42MSEK from Schibsted
Malmö electric surfboard company, Radinn gets 20 million kronor boost
Mental health startup Remente has raised 6MSEK over the last year
Health startup Byon8 takes in SEK 3 million from existing owners, including Luminar Ventures
Spotify expands its podcasting portfolio with the acquisition of startup studio Parcast
Degoo acquired the assets of Instabridge

📚 Relevant reads 📚
New batch of startups at THINK Accelerate
Building, Growing, Connecting: A deep dive into the state of European tech in 2019
Finnish startups raise EUR 479 million in funding
The countdown to Growth Challenge’s Demo Days has begun: Here are the 52 startups that’ll work to impress investors

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