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The Nordic Web Weekly - Issue #274

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

The Nordic Web Weekly

May 31 · Issue #274 · 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 🇩🇰
Zliide has raised more than $1 million
Better Collective purchases RotoGrinders Network for $21M
Densou acquired the Danish media operations of Blackwood Seven
Chabber are in the final selection process for Y Combinator

🇫🇮 This week in Finland 🇫🇮
Swappie announced a $5.6 million round A financing from Inventure, Lifeline Ventures and Reaktor Ventures
Volvo Cars has made a multi-million euro investment in Varjo
Real-time water analytics technology startup Sensmet raised EUR 700k from Innovestor and private co-investors
Oulu-based mobile services and Internet of Things (IoT) services company Uros expanded its revenues from €483 million to €1.3 billion ($1,4 billion) in one year

🇮🇸 This week in Iceland 🇮🇸
The positive development of the Icelandic ecosystem since 2012

🇳🇴 This week in Norway 🇳🇴
Skioo has merged with Skitude and taken in 15MNOK subsequently
Cubit, who simplify electricity supervision have taken in investment from StartupLab
PropTech startup Ditio has raised investment from Skanska

🇸🇪 This week in Sweden 🇸🇪
FinTech startup Kaching raises 48.5MSEK led by Swedbank
FinTech startup Open Payments raises €1.2 million
Cling raised $310k from CG Partners
imagiLabs secured $150k in angel investment
Recorded Future was acquired by Insight Partners for 7.4BSEK
Raw Fury has acquired Kingdom
Blueair is one smart device every urban home could use

📚 Relevant reads 📚
A closer look at FTMO’s spring batch
Accelerace takes in the biggest batch in their history: apply by July 1st
Google to invest €600m in new data centre in Finland
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