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The Nordic Web Weekly - Issue #272

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

The Nordic Web Weekly

May 17 · Issue #272 · 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 🇩🇰
FinTech startup Pleo raises massive $56 million to boost its expansion in Europe
Radiobotics has raised 10MDKK
Political tracking and lobbying startup Ulobby raises new funding round and prepares for EU roll out
GrowthPartner Capital establishes a new fund targeted at Danish scaleups

🇫🇮 This week in Finland 🇫🇮
Wirepas raises 14.4 million euros to capitalise the market momentum for Massive IoT
Healthcare startup VideoVisit raised $1.7M
Treon raises €1 million for its smart wireless and IoT solutions
MaaS Global has raised investment from NordicNinja

🇳🇴 This week in Norway 🇳🇴
B2B Enterprise startup Headshed has raised 5MNOK
Kahoot! acquires Poio to expand its learning platform
Seagull merges with Videotel, gets acquired by Oakley Capital

🇸🇪 This week in Sweden 🇸🇪
Battery storage company Nilar has raised 327MSEK
Anyfin scores €8 million in funding to help consumers refinance their loans
Minna Technologies has taken in a further 60MSEK
Healthcare Visiba Care secured $3.1M in fresh capital
Racefox has picked up 15MSEK for its digital training coach
FinTech startup Steven raised $1.3M from new and existing investors
FinTech startup Splitgrid has raised 7.5MSEK including from Collector
E-taxi company Bzzt receives project support of SEK 7.5 million from the Swedish Energy Agency
EIB lends Northvolt 350 million euros for Europe’s largest battery project, with Ikea in talks with them to invest

📚 Relevant reads 📚
Applications are open to Rockstart’s Copenhagen-based AgriFood program
Swedish e-scooter startup VOI reveals plans to expand across 150 cities; introduces new, safer models
Inside Nokia’s factory of the future: Robots, data, automation, 5G, and even some humans
Spotify-owned Soundtrap launches a podcast studio in the cloud
Spotify is testing its own version of Stories called “Storyline”
Technical University of Denmark best in the Nordics
Brilliant Minds and Antler have partnered up on idea pitching competition Open Minds, Open Innovations, apply here
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