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IQM Finland Oy raises $20.7 million to introduce quantum computers to society

Finnish startup IQM has raised $20.7 million on Jun 12, 2020, from a Series A round: $18 million equity investment round from the EIC Accelerator program for the development of quantum computers and $2.7 million from the Business Finland government

Finnish startup Bob W raises $4.7 million to expand its “ridiculously clean standard” hotel across the Nordics, Baltics, and the UK

Bob W, a Helsinki-based hospitality startup, has raised $4.7 million in a seed round led by byFounders, with the assistance of Nordic and Baltic real estate investors NREP and Kaamos. Additional investors include Baltic VCs Superangel and United Angels, and

Finnish startup Swappie raises $42.3M to sell refurbished iPhones across Europe

Swappie, a Helsinki-based end-to-end online marketplace for buying and selling refurbished smartphones, has closed a $42.3M Series B funding round. Backers in the round included TESI, Lifeline Ventures, Reaktor Ventures, and Inventure. Swappie has raised a total of $46.8M in

Helsinki’s Basemark raises $8.2M to accelerate growth in the field of Autonomous Vehicles

Basemark, a Finnish startup specializing in graphics and autonomous driving vehicle software, has profitably concluded an $8.2M equity funding round by ETF Partners (Environmental Technologies Fund). ETF Partners supports talented entrepreneurs and management teams with investment capital and experience. Their

Traplight launches Battle Legion worldwide and raises $9M

Finnish startup Traplight launches a new mobile gaming title Battle Legion and announces a $9 million funding round. EQT Ventures led the investment with further participation from Play Ventures, Initial Capital, and Heartcore Capital. TrapLight Games has raised a total

Budapest-based tech startup AerinX raises $2.3 million

AerinX, an innovative aircraft inspection system, that helps in reducing inspection time, has raised $2.3 million in pre-Series A funding round led by Takarék Venture Capital Fund I, managed by Dutch-Hungarian VC company DBH Investment. AerinX has raised a total

Estonian startup Wolf3D raises $1.1 million

Wolf3D, a Tallinn-based startup, has raised around $1.1M in its latest funding round. The investment round includes support by Trind Ventures, Presto Ventures, Koha Capital, Spring Capital, and Contriber Ventures with participation from a few angels. Wolf3D has raised a

ZITICITY raises $2.5 million for future growth

Ziticity, an urban logistics platform from Lithuania, has raised $2.5 million in a Seed funding round. The Seed equity investment round was led by NordicNinja VC with the support of Japanese companies such as JBIC, Honda, Omron, and Panasonic in

Romanian startup Questo raises $353K to grow its quest-tours suitable for a post-COVID world

Bucharest-based Questo, the platform for city exploration games, raises $353K in a Seed round. The round was led by Sparking Capital and Early Game Ventures. Into account, Sparking Capital is a venture capital micro fund backing entrepreneurs with unique industry

UiPath raises $225 million Series E funding round

UiPath, the leading Robotic Process Automation (RPA) company, has closed its Series E investment round, raising $225 million at a post-money valuation of $10.2 billion. The round was led by Alkeon Capital Management with participation from Accel, Coatue, Dragoneer, IVP,