mondayfriday: nil technology raises ā¬29m, mashup day around the corner + volta greentech secures investment š
TGI(M)F. edition105, week19. 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 mondayfriday is taking a short break š
the next edition will be released on the 26th may
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š©š° Denmark
DemensAI, the startup developing an AI speech-based model for diagnosing cognitive decline, is awarded the DTU Student Startup of the Year Award.
Electricity Maps, the company specializing in accelerating the data-driven decarbonization of the electricity grid raises ā¬5m from climate VCs, Transition and Revent.
Wavepiston, a wave energy technology company, launches a crowdfunding campaign on Seedrs with ambitions of raising up to ā¬1.5m.
NIL Technology, a leading flat optics companies, raises ā¬29m in new capital led by a syndicate of investors, including the EIFO, Jolt Capital, NGP Capital, and Swisscanto Private Equity.Ā
Commit Biologics, a pioneer in the activation of the complement system to treat cancer and autoimmune disease has secured ā¬16m in a seed funding round led by Bioqube Ventures and Novo Holdings.
š³š“ Norway
Simplifai, an AI-driven SaaS startup in the insurance and banking space, secures a significant investment from IdƩkapital.
Vestlandets Innovationsselskap (VIS) receives ā¬500k from Agenda Vestland in order to build an incubator for researchers who want to become entrepreneurs.Ā
Really!, a digital platform for property management hires a new CFO and raises ā¬550k from list of investors including MĆøller Eiendom and Vestbo.
šøšŖ Sweden
Volta Greentech, the company reducing methane emissions in the meat industry, raises ā¬2.7m from Novax and KFS.
AI Medical Technology, the company developing AI-powered diagnostic solutions, announces the completion of their oversubscribed ā¬900k round led by Northern CapSek Ventures.
Hydroyal, the company accelerating the transition to green hydrogen, raises an undisclosed investment from KTH Holdings.
š®šø Iceland
Iceland Innovation Week kicks off tomorrow, follow their instagram and linkedin for updates.
š Gray Matter is hiring a Ruby on Rails Specialist.
𦾠CyberPilot is hiring a Head of Engineering
šø Female Invest is hiring a Group Financial Controller
Mashup Day: A 400-person invite-only meet-up to access Europe's best VCs, LPs, Angels, and founders. 150+ VCs/LPs/Angels (incl. Atomico, Accel, Insight partners, ByFounders, Ventech, Earlybird, Pale Blue Dot, Cherry Ventures) join for an epic meet-up with boule petanque, side events dinners, drinks, and networking ā 15-16 May in Malmƶ, Sweden. APPLY HERE.
Get 15% off as a MondayFriday reader using this discount code: MONDAYFRIDAY15
byFounders x Antler are hosting a spring party for the startup and investor community on the Christian Radich ship ā Friday, May 24
5:00 PM - 9:00 PM. Register here.
TalkBBQ | Copenhagen, āThe emotional boundaries of a startup leader: The art of balancing the professional and the personalā ā Tuesday, 14 May 2024, 16:30-20:00 @ Copenhagen Business School.
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