gaming studio faces layoffs, €4.3M for edtech platform + launch of swedish ai reform.
*TGI(m)F. edition 142 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”. listen now - and then add your own dilemmas.
‣ 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
Thorbjørn Rønje and Nicolai Rasmussen are committing €5 million of their own capital to Bifrost Fund II.
Karina Schmitt Lund joins LEGO family office, KIRKBY, as CEO of Financial Investments.
Paradox, the “New Danish AI-Company raises record breaking funding” without any product.
Ex-CMO & Co-founder of Eat Grim, Carolin Schiemer, joins Pandektes as their first Customer Success Manager.
Content house & studio, CoHo, announce expansion into new premises opening mid-July. Waitlist open now.
Seed Capital has raised €67 million for their Fund V.
The company developing therapies in the metabolic and obesity treatment space, Ousia Pharma, raises pre-seed funding from Omega Funds.
Caroline Frantl Larsson is joining FGC - Founders Growth Club as their Head of Networks.
Dawn Health, the digital health platform, raises €11.5 million in funding from Chr. Augustinus Fabrikker, EIFO, Trifork + existing investors.
Nanna Bach Munkholm, CTO and Founder of Roccai, is joining the board of Ida Innovation.
See 24Victoria’s Ten Biggest Talents to know in Tech & Startups (incl. Augusta Klingsten Peytz, Oline Stærke + more).
Uvisa Health, the company building technology that targets vaginal infections, raises an additional €533.000 in angel-funding.
Personalised EdTech platform, Alice.tech, raises €4.3 million in funding from Cherry Ventures, Y Combinator, PSV + a list of angels.
Mikkel Leutholtz Mørkegaard joins KU Lighthouse as Ecosystem Manager.
‣ Sweden
Stephanie Darvill joins Daya as their new Head of Accelerator & Startup Coach.
GYMPAK, the wellness hospitality company secures backing in a strategic partnership from entrepreneur and investor Sven Cristea.
Swedish AI Reform launches - an initiative co-led by the foundation Swedish AI-Reform to make agentic AI available for free to 2.3 million Swedes for the next 2 years.
Onefin, the full suite platform for CFOs in asset management receives investment from People Ventures.
HEMLA is officially live: your 360-degree, at-home security tool.
See the companies that have been selected to join the BLING Incubator programme, including: After Class, Nexilink, Tinker Club + more.
Hjalmar Nilsonne on the “we’re not getting any younger podcast” on building Neko Health and how Daniel Ek convinced him to start the company.
Ex-Chief Information Security Officer of Froda, Sarbjit Singh, joins Mentimeter as their Security & IT Director.
Priceagent, the startup using data-driven insights to inform pricing strategy, has raised €488k from the founders, angels, consultants + more.
IPercept, the industrial technology company, raises €5 million in a round led by Luminar Ventures.
‣ Norway
SportAI partners with Save My Play to integrate their tech into their AI-powered camera systems.
One of Investinor’s portfolio companies, Placewise - a real-estate proptech startup - is acquired by Total Specific Solutions.
OptoScale, the startup supplying data to empower sustainable fish farming, raises capital from Insight Partners.
Lightsonic, the company using fiber optic sensing technology to solve industrial problems, has raised €3.3 million in seed funding led by Maki.vc
Atelie, the online platform for discovering & buying art, has onboarded Linn de Lange as their new art advisor.
Norwegian Mycelium (NoMy) and it’s subsidiary company NoMy Japan, raises €1.2 million from Nippon Beet Sugar Manufacturing Co, Norwegian family offices and European VC funds.
‣ Finland
Finnish-Icelandic gaming studio, Mainframe Industries, will be reducing their team size from 60 to 43 people in a restructuring of the company.
job board
☺︎ Norrsken Mind (part of the Foundation) are hiring a new COO (SE)
☺︎ Kost Studio are hiring a Head of Commercial (DK)
☺︎ Kiuas is hiring a Head of Startup Relations (FI)
dates and action points
→ Founder Fridays – a new event series by Antler and Lunar, designed to bring together Copenhagen’s vibrant founder community. May 16th Lunar HQ.
→ Nordic EdTech Summit, taking place on the 10th September in Malmö. Tickets available now!
→ Future Manufacturers meet-up, 19th May at 15.00-17.30, Industriens Hus.
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
