a dedicated nuclear fund launches, world’s first adaptive eyewear company raises €32.3M + heart aerospace is leaving for the US.
*TGI(m)F. edition 141 i’m kay, and this is your 360º-view of the nordic startup ecosystem. covering culture + growth on a weekly basis, delivered to your screen for easy reading every sunday 💌
notices
‣ 🎧 episode 3 is out now: “after the beep 3: breaking into VC, copy cats + handling founders”.
‣ spring cleaning! 🌸 any email addresses that bounce back, or haven’t opened a newsletter in several months will be removed from the list (when I get round to it, so this is just an FYI).
🥛 mondayfriday news drop 💌 feedback
nordic pov
‣ Denmark
FGC - Founders Growth Club launches, a platform for ambitious scaleup founders to connect, learn, and share professional knowledge and personal experiences
Mia Grosen has joined Likeminded VC as an LP, alongside 20+ other founders.
Flimmer, the social media app for kids, are close to closing their pre-seed round, but still have a little more space if you’re an investor and wanna get involved.
92 Capital - Nuclear Fund launches founded by Mads Steenberg, Chirayu Batra, and Anatol Kjær Knudsen.
Co-founder of caramma, Rie Maktabi, joins the board of Design denmark.
Pentimenti the startup disrupting tender/proposal management, closes their pre-seed round at €940.000 led by Ugly Duckling Ventures.
Underground Ventures, the fund focusing on geothermal investments, have expanded the team with 2 new hires.
Frederikke Antonie Schmidt, co-founder of roccamore shares the company has gone from -7.7 million DKK to over +800.000 dkk in the last 12 months.
ATP and EIFO are injecting capital into a PreSeed Ventures’ follow-up fund to Tech Fund I.
Corporate gifting company, The Lush Box, are closing down operations.
‣ Sweden
Electric plane startup, Heart Aerospace, announces that they are moving its operations and headquarters to the US.
Musictech unicorn, Epidemic Sound, have acquired Song Sleuth, an AI music recognition startup.
ELVA11, the innovative consultancy company with expertise in system development, AI, ML, and cybersecurity secures €1.8 million, led by TUV.
Sofia Hjelmberg, while still continuing her roles at GoWest and GU Ventures, will be stepping in as Events Director at EUVC.
Mobile telecom platform, Telgea, raises €2.4 million in a round led by Amigos Venture Capital.
Basic Genomics, the company developping new methods to study RNA, raises €1 million in a funding round led by Segulah Medical Acceleration and Navigare Ventures
‣ Norway
Pistachio, the cybersecurity training platform raises a €6 million series-A round led by Walter Ventures.
Ex-Safetywing and Firi operators, Hans Kjellby and Marius Blaker Høgevold launch new HR + recruitment platform, FrontedHR.
Induvita, the women’s health startup building in the gynaecological devices space, closes an oversubscribed funding round at roughly €300.000 from existing and new investors.
SAYFR, the company measuring the parts of organisational culture that are important for safety, enters into a strategic partnership with Gard AS - the most recognised maritime insurance company.
CEO of SportAI Lauren Pedersen on Tech Talks Daily podcast discussing the rapidly evolving sports tech industry and SportAI’s role in it.
‣ Finland
VC funding for women hits 30% in Finland (but where are the women of colour?).
Gorilla Capital announces latest investment in Vuorox, the startup helping to solve the complexities of roster scheduling.
IXI, the world’s first adaptive eyewear company, raises €32.3 million, in a round led by Plural & including a long list of Nordic funds.
Iceland
Multi-chronic digital care platform, Sidekick Health, has signed a €35 million venture debt agreement with the European Investment Bank (EIB).
☼ spotlight
Torleif Markussen Lunde posted about his 2-year T-shirt Test, a small and “quiet experiment” he ran over the last 2 years to test the life-length of three different T-shirts. One from Livid (about $92), one from UNIQLO (about $12), and one from H&M (about $7). All were white/offwhite. He washed them weekly and they were all worn roughly 100 times each. The shirt that cost nearly $100 (+ most sustainably made) showed signs of wear in just 3-weeks and “the one that might shed microplastics, is the most durable” 💭
job board
☺︎ Klimate are hiring a Sales Development Representative (DK)
☺︎ Girls at Tech Nordics are looking for voluntary help in the West/Gothenburg work team.
☺︎ Remora Robotics are hiring a Product developer - Mechanical (NO)
dates and action points
→ DTU Startup Day on May 15th, 10:00 - 17:00.
→ The Nordic Women's Health Hub are inviting organisations and individuals across the Nordic region to join a workshop that aims to build a forward-looking vision for Nordic Women’s Health 2040. Copenhagen, September 8th, 2025, at Fællessalen, Christiansborg.
→ Iceland Innovation Week May 12th - 16th.
→ “Innovation Transforming Supply Chain and Logistics” hosted by Plug and Play Europe + European Logistics Association. May 14-15th, Copenhagen.
→ ØNSK have 8 desks available at their offices in Nordhavn for 2.500 dkk per month.
Thank you for tuning in! i’m always on the hunt for newsworthy content to bring to the mondayfriday audience. and, if you ask me, the best place is from the community itself. so, please drop your updates above and fill me in on any startup related news in the nordics. additionally, please leave me some feedback so i can keep improving ✨
yours weekly,
kay
* thank god it's (monday)friday
