mondayfriday: baseload capital raises €53m, techbbq is next week + sand-as-a-service 🏖
TGI(M)F. edition113. i’m kay, and this is your weekly round-up of curated startup news from the nordics, delivered to your screen for easy reading every sunday 📚
📍 do you have questions about sponsorships and/or want to share some exciting news with the community? 💌
contact me here: kaymichelsen@hotmail.com
📍 mondayfriday release dates for aug/sept
techbbq is coming up on the 11-12th sept, so the team is super busy making it happen! this means, mondayfriday will be only be coming out every other week (22nd September) and will return to normality on the 6th October.
🇩🇰 Denmark
Uniqkey, a leading password and access manager in Europe, has raised €5.3m from BackingMinds and a list of business angels.
Tiimo, a leading app and go-to-kit for neurodiverse individuals, has raised €1.4m in a pre-Series A funding round co-led by Crowberry Capital and People Ventures.
REDUCED, the company creating food products made from surplus produce, announces their second closing of its series A funding round coming to a total of €8m, with a new investment from the European Circular Bioeconomy Fund (ECBF).
Propstep, the end-to-end platform for residential rentals that gives people control over their rental process has raised €600k from Michael Koefoed Steensborg Drejer and de Linde Capital.
🇸🇪 Sweden
Foodtel, the startup trying to solve food waste by strengthening cold chain resilience, has raised significant funding from FoodBridge, which is a part of Novax.
Linn-Cecilie Linnemann joins LUMO labs as a Senior Partner with a focus in investments in the Nordics + Baltics.
Fintech companies, Froda and Juni, have entered a partnership to advance embedded finance solutions, starting with Sweden ahead of an eventual European rollout.
Amferia secures latest (oversubscribed) investment round of €1.2m led by existing and new investors including Chalmers Ventures.
Baseload Capital, the company building a global collaborative portfolio of projects to scale geothermal energy, has secured their €53m series-B funding round led by ENGF.
🇮🇸 Iceland
Treble Technologies, a startup building a next-gen sound simulation and spatial audio technology for digital twins and virtual worlds has raised an €11m Series A round led by KOMPAS VC.
🇫🇮 Finland
Root Signals, the company building an AI control platform to measure LLM responses, has raised a €2.5m round led by Angular Ventures.
Behavix Inc, the startup on a mission to revolutionise how behavioral data is collected, analysed, and utilised secures an undisclosed pre-seed round from senior executives at Nielsen, Rovio, and Unity.
Jobilla, the digital recruitment solution, has raised €6M in funding from Juuri Partners, Trind VC, Business Finland.
Resand, the company specialising in foundry sand regeneration, offering clean sand-as-a-service, has secured a €3m loan from Nefco, the Nordic Green Bank.
🇳🇴 Norway
Ocean Oasis, the startup using wave energy to produce freshwater from the ocean, has received a €6m grant from European Union provide freshwater to the local population and farmers in the northern region of Gran Canaria.
Cardboard, the B2B-startup helping companies manage their software spends and automate accounting, raises €1.9m in a round led by Skyfall Ventures.
Adminkit, the B2B platform that serves as a toolkit to organise administrative tasks, has raised €1.3m from both existing and new investors incluidng Finstart Nordic.
twig.energy is looking for a Market Access Manager.
Organic Basics is looking for a Head of Paid Marketing
NORNORM is looking for a Finance Specialist
Nominations for the Nordic PropTech Awards 2025 open on the 28th August, see here for the criteria to nominate.
TechBBQ summit is coming up on the 11-12th September, and with that, comes a ton of exciting side-events to sign up, for hosted by a wide range of community players.
Thanks 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 sources themselves! so, feel free to reach out and fill me in on any startup related news in the nordics ✨
yours weekly,
kay