mondayfriday: north ventures' new €40m fund, a €98m series-b round and snakebite diagnostic tests 🐍
TGI(M)F. edition 93, week 05. 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.
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🇩🇰 Denmark
VenomAid Diagnostics, the Medtech startup specialising in portable snakebite diagnostic tests raises €1.65m in an extended seed-round, backed by private investors and Good Ventures LLC.
Watch the mini-documentary made by DONNA media exploring Sebastian Aristotelis’ 48-hour underwater mission with SAGA Space Architects underwater habitat.
The Kitchen, Aarhus University's largest entrepreneurial community, launches 'The Kitchen Diversified' a two-year project that will challenge conventional perceptions of entrepreneurship, funded by the Tuborg Foundation and the Otto Mønsted Foundation.
North Ventures announce the establishment of their new fund, having raised more than half of the 300m DKK (€40m) goal. The fund has already made two investments in WaterTech + LegalTech, and are currently exploring deals in the Green and Digital Health technology space.
Mie Marie Ejdrup takes on new role as the Executive Direction of Investments & Advisory with Pitzner Gruppen Holding.
Dharam Kapila, Data Engineer at Teradata launches his new app, Funnel - a quick capture app which sends your captures instantly to your favourite apps and services.
🇸🇪 Sweden
Heart Aerospace, the company developing hybrid-electric airplanes, raises €98m Series-B round from a series of prominent investors including Lowercarbon Capital, Air Canada, EQT Ventures, Norrsken VC, United Airlines, Y Combinator and more.
Understatement Underwear, the company “reclaiming women’s underwear”, raises €1.75m from investors including Yanno Capital, Mellby Gård and the listed adult company Purefun.
Version Lens, the startup helping product managers focus on building products and not managing overheads raises €1.5m in pre-seed funding led by People Ventures.
🇫🇮 Finland
Paptic, the company specialising in the production of eco-friendly alternatives to conventional plastics raises a growth financing round of €27.5m from investors including UB Forest Industry Green Growth Fund, Emerald Technology Ventures and more.
Dagsmark Petfood, a company specialising in pet food, is acquired by VAFO Group, a major European producer of premium pet foods.
Order of Meta, a game development studio based in Helsinki, raises €3m in a seed funding round led by GEM Capital.
🇳🇴 Norway
Tings, the app helping people build digital libraries of things they own to make it easier to access repair services, spare parts and user manuals raises investment from Schibsted Ventures, Arkwright and more.
SAGA Robotics, the company leading the way in agricultural robotics secures €10.5m for US and UK expansion from investors including Nysnø Climate Investment, Aker ASA, Rabo Ventures and more.
SportAI launches — with €700k in funding — to develop a tool that provides real-time analysis of athletes' performances, offering immediate data-driven feedback sourced from the world's elite players.
// “How do you work with something that is one atom thick?”
An interview with 2D’s founder, Abhay Shivayogimath, and their Business Lead, Morten Hald, discussing their venture in finding a way to make graphene easier to work with. In solving the core challenges of producing and applying graphene at scale, it could make affordable carbon capture possible and improve the lifetime of batteries, solar and fuel cells with potential to become a trailblazer in the clean industry revolution. Read the interview here.
🛍 Frankly Insure are hiring a new Project Manager.
🌦 EIVEE are looking for a Climate Impact Manager
🎮 GameAnalytics are hiring a Revenue Operations Manager
Matrikel1 launch their Event Sponsorship Program with an annual allocation of up to DKK 350.000, they welcome proposals for #workshops, training events, #networking initiatives, competitions, #hackathons & other community relevant events → Deadline is Sunday, February 25, 2024 at 17:00.
Nordic Women in Tech Awards 2024 are now open to nominations. They honour professionals in the tech industry, recognising their talents and excellence in technological advancements. Nominations close 10th May.
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