mondayfriday: femtech insider x proem partnership, qmill raises ā¬4m and flower's new acquisition.
TGI(M)F. edition114. iām kay, and this is your weekly round-up of curated startup news from the nordics, delivered to your screen for easy reading every sunday š
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contact me here: kaymichelsen@hotmail.com
š mondayfriday release dates for aug/sept
still recovering from techbbq! the next edition will come out on october 6th, after which weāll be back to covering the startup ecosystem on a weekly basis
š©š° Denmark
Femtech Insider, the leading media platform for womenās health, announced a partnership with proem at TechBBQ 2024. By partnering with the collaborative AI-powered research dissemination platform, it will help to bring the latest in womenās health research to a wider audience.
Jasenko Hadzic, Principal at BackingMinds, will be joining Even Founders Startup School as a Mentor & Cheerleader for their co-hort of over 70 female founded startups.
Margrethe Vestager, the current EU Commissioner and Executive Vice-President of the European Commission, has been appointed the new Chair of the Board of Governors at the Technical University of Denmark (DTU).
Scandinavian Biolabs, a personal care brand creating solutions for hair growth raises ā¬4m in a round led by AurĆ©a Group, with participation from Blazar Capital and SevenVentures.
šøšŖ Sweden
SweGan, the manufacturer of materials for components and devices in satellite, communications and defense organizations, raises nearly ā¬12m from Navigare Ventures and a list of global semiconductor-focused investors.
Cellevate AB, the biotech company developing next-gen cell culture systems to revolutionize biomanufacturing, raises ā¬3.2m led by Industrifonden and co-funded by the European Innovation Council (EIC) Fund.
Normain, the B2B AI platform helping companies automate their workflows for deep knowledge work, raises ā¬615k with investors including Joel Hellermark and Caroline Farberger behind the round.
Flower, the company stabilising the energy system by enhancing predictability and flexibility for both energy producers and consumers, acquires āPajkƶlenā, the energy storage project from Arise, allowing them to increase total battery storage capacity to 270 MW by 2025.
SAVR, the fintech startup focused on making long-term savings more affordable, raises investment from Incore Invest amongst others.
š«š® Finland
LignEasy, the startup reducing emissions in the pulp industry by replacing fossil-based raw materials with forest-based feedstock, raises ā¬1m from EIT InnoEnergy.
AI-powered contract management platform, Zefort (zero effort), raises ā¬1m from investors Asko Schrey and Timo Larjomaa.
QMill, the quantum software company delivering practical quantum computing solutions for industrial applications, raises a ā¬4m seed funding round led by Maki.vc and Antler.
Gosta Labs, the startup building Europe's leading AIĀ Lab for healthcare has raised ā¬1.2 million pre-seed funding from Cor Group and a list of health sector specialised angel investors.
Defencetech startup offering advanced military decoy systems, DobbelgƤnger, raises ā¬920k in a round that included angel investors from the Finnish Business Angels Network (FiBAN), Innovestorās Angel CoFund, and Lifeline Ventures.
š³š“ Norway
Remora Robotics, the company delivering automated robotics solutions to the aquaculture industry raises ā¬6.8m in a round led by FrĆøy Kapital AS, alongside existing investors.
š« Aisel Health is looking for a Start-up Tech Lead
š” Landfolk are hiring a Chief Marketing Officer
š Lunar are hiring a People Development Partner
Techstars Startup WeekendĀ hosted by Startup Aarhus: a hackathon for people excited about tech, startups, and innovation. 27-28-29th September.
Thanks for tuning in! iām 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 āØ
yours weekly,
kay