08.02.23 Countries Finland Finnish deeptech Fiberwood secures €3M to make ecological insulation Finland-based deeptech startup Fiberwood has secured €3 million in a fresh funding round led by Metsä Spring. The funding will help to accelerate the product development of its eco-friendly insulation and packaging solutions, EU-Startups reports. “Fiberwood has developed a one-of-a-kind
08.02.23 Countries Finland Finnish startup Skipperi raises €7M to make boating more accessible Helsinki-based Skipperi, a boating subscription service and rental app, has raised €7 million in Series A funding to take boating experience to tech horizons. Yamaha Motor led the round, with Baltiska Handels Sverige, Matu Capital, and HP Capital also participating,
06.02.23 Countries Estonia Estonian medtech Nanordica Medical raises €375k in a seed round Tallinn-based medtech startup Nanordica Medical has raised €375,000 in an oversubscribed seed funding round. Estonian health and startup investors including Erki Mölder, Heidi Kakko, and Martin Goroško led the round, ArcticStartup reports. “Our solution provides 8 times more effective infection treatment compared to
06.02.23 Countries Estonia Estonian cybersecurity startup RangeForce secures $18.5M Estonia-founded cybersecurity startup RangeForce has raised $18.5 million in fresh funding from undisclosed investors. The round was closed back in December 2022 to deal with the shortage of cybersecurity professionals, Invest in Estonian informs. “RangeForce is proof that success is
03.02.23 Countries Finland Finnish Maki Ventures co-leads €3.4M seed round for Ever Dye, a French deeptech Helsinki-based venture capital firm Maki Ventures has co-led a €3.4 million seed round for French deeptech startup Ever Dye, together with Asterion Ventures. Entrepreneur First also joined the funding, ArcticStartup reports.
02.02.23 Countries Estonia Estonian EV charging VOOL secures €1.7M in a seed round Tallinn-based electric vehicle charging solution VOOL has secured €1.7 million in its latest seed funding round. Specialist VC is the lead investor. Several other influential investors, including the former President of Estonia Kersti Kaljulaid, also joined in the round, Invest
01.02.23 Tech1 Investments PFR Ventures invests €55M in four green funds Polish fund of funds PFR Ventures has invested €55 million in four green venture capital and growth equity funds. The investment came under the PFR GreenHub FoF program, which aims at fostering green innovation in Poland to address the climate
31.01.23 Tech1 Investments Polish VC market report: €775M raised over 460 deals in 2022 In 2022, the Polish VC market slowed down and maintained a transaction value roughly at the same level as in the previous year. Considering harsh economic and global conditions, this is still a good sign that the market is still
31.01.23 Tech1 Investments Polish startup SmartyMeet raises €210k in a pre-seed round Warsaw-based startup SmartyMeet has raised €210,000 (PLN 1 million) in a pre-seed financing round to develop videobot technology called Boe. The LT Capital fund and Amazon Web Services Portfolio provided the funding, My Company Polska reports. “Progressing digitization and the
30.01.23 Countries Romania Romanian venture report 2022: 73 transactions and €101.7M in total funding Despite the economic turmoil, Romanian startups hovered over the global tech scene starting with the second half of 2022. The volume of deals nearly reached the previous year’s record — €101.7 million, compared to €116.9 million in 2021. This supports