tandem health's €50M series A, denmark's recruiting schemes for int. talent, tracking algae from space.
*TGI(m)F. edition 149. 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 💌
Soft money opens the doors to founders who are not your stereotypical alpha characters. This is one of Europe’s strong points.
notices
‣ call incoming 📞 📞 📞 ! drop your dilemmas or questions into the after-the-beep hotline and we (me and nico) will get back to you. new episodes are paused until August!
‣ the newsletter will be running through july, although beware news might be a little slower with much of the nordics on vacay 😴
nordic pov
‣ Denmark
EIFO announces their latest investment of €4.2 million into D3 Venture Capital Firm, a defence technology venture fund.
From 2026, Denmark will be reshaping their hiring schemes making it easier for companies with collective agreements to recruit international talent (from 16 non-eu companies).
Macroeconomic insights company for traders, Steno Research, is sold and the company enters into a strategic joint venture with Real Vision.
Copenhagen Atomics secures a €2.5 million grant, with the opportunity for up to €15 million in equity investment from the EIC Accelerator.
Reality+, the company founded by Morten Rongaard to shape the future of Web3 gaming is entering liquidation.
Nicolai Rasmussen, founder of Scaleup Finance has been accepted into VC Lab Cohort 18!
Malte Kamp Videbæk (Co-founder of Twelve50Five) is looking for a good pop-up space in Stockholm for Exercere ApS.
Norm Invest sees new ownership structure consisting of existing shareholders and a new main shareholder.
Pre-clinical biotech company, Kripthonite Therapeutics have secured seed funding from Marigold Investment Management.
‣ Sweden
You can now install Lovable and use it like an app.
Sara Landfors, founder of Normain shares some of the topics that came up at a a recent dinner with Anton Osika, Joel Hellermark and Andrey K.
Pixelgen Technologies has secured €12.5 million in blended funding from the European Innovation Council as part of their accelerator program.
Katarina Berg, the ex-Chief Human Resources Officer (CHRO) at Spotify will be joining Swiss sneaker brand, On, in the same position.
Lars Jörnow, Founding Partner of EQT Ventures is stepping away from his role with the fund.
Cold River Games, a free Action Role-Playing Game (ARPG), raises €1.7 million from Beam Investments, Partnerinvest Norr and more.
Antler are doubling their upfront investment for founders in the Antler Nordics residency. €200k net on day one, pre-committing €300k follow-on in the next round (totaling €500k) and following on through Series A-C.
AI medical assistant, Tandem Health, raises their €50m Series A round alongside Kinnevik, Northzone and the Visionaries Club.
Epigenica AB, the life sciences company specialising in epigenetic screening tools, raises €1.9 million in funding led by Voima Ventures.
Nordic Air Defence, a defence tech startup, secures €2.5 million in an expansion of its pre-seed funding round led by Inflection.
‣ Finland
Spacent, the hybrid work platform, has secured new funding in a round led by Gorilla Capital.
“Nokia helped build the mobile world. Now it wants to seed the next one—from inside Bell Labs” - Fortune.
Kuva Space secures collaboration with the Finnish Environmental Institute (Skye) to track toxic algae from space.
‣ Norway
Read about Skyfall Ventures’s early investment and exit in Oda – Norway´s first unicorn which delivered a 44x return.
Erik Holm, CEO and Founder of Alba has had the AIK Fotboll kit he created ‘99.9% copied’ by the Al-Ittihad Club Company - a club controlled by the Saudi royal family.
Mesh Oslo is looking for a Community Manager - refer someone and (maybe) earn 15.000 NOK!
Alliance VC have completed the first close of their new fund, Alliance Nordic III, backed by leading Nordic LPs.
job board
☺︎ OstraconAI is hiring an AI and Marketing Consultant (FI)
☺︎ Bruce Studios are hiring a Partner Manager (NO).
☺︎ oasicare are hiring a Customer Relationship & Marketing Specialist (DK)
dates and action points
→ FORWARD Demo Day hosted by LUTES, Wednesday, July 16 - Finland.
→ Nordic Fe:male Invest Summit 2025, Oct 29th, 8:30 AM in Malmö.
→ TechBBQ is round the corner - August 27-28th in Copenhagen.
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
