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The Nordic Web Weekly - Issue #276

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

The Nordic Web Weekly

June 14 · Issue #276 · 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 Finland 🇫🇮
KAMU Health empowers asthmatics to put treatment in their own hands

🇮🇸 This week in Iceland 🇮🇸
Kerecis, the medical fish skin company raises $16m Series C
Here are the ten participating companies in Startup Reykjavik’s 8th cohort

🇳🇴 This week in Norway 🇳🇴
Urban planning simulation startup Spacemaker raises $25 million
Aquabyte raises $10 Million Series A financing to continue leading the transformation of the fish farming industry with machine learning
Sparebank 1 acquired crowdfunding platform Monner

🇸🇪 This week in Sweden 🇸🇪
Northvolt raises $1 billion to complete funding for mammoth battery plant
Lendify has secured SEK 1.5 billion from the global asset manager Insight Investment
Saga Diagnostics completed a $4.2M investment round from Hadean Ventures and existing investors
Insurello completed a $2.7M investment round backed by Schibsted and Luminar Ventures
Stockholm-based cryptocurrency startup Bitrefill raises $2 million
Music sampling startup Tracklib raises €1.5 million from Sony
Dib Hotel has taken in a further 12MSEK
Irriot, providing smart irrigation systems has raised 3MSEK
Podcast studio Soundtelling has raised investment
Ideal of Sweden (ecommerce) is sold - the price tag is over 1BSEK
Trustly merges operations with PayWithMyBank from US, creates a consumer transatlantic payment network

📚 Relevant reads 📚
5 Nordic mar-tech startups to watch
Sweden’s Stillfront raises some €46 million through a directed share issue (public)
How Oslo’s best startups are taking Norway beyond fossil fuels
Why now is the time to pay close attention to Norwegian startups
The complete guide to fintech in Stockholm
Finland leads list of Europe’s most digitally advanced nations
Norrsken has poured millions into making impact investing cool in Sweden – now it’s going to Africa
Here are the 13 Nordic startups receiving a total of €1.26 million in funding from Antler VC
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