Swedish Stegra aims to transform steel manufacturing with €100 …
Sep 25, 2024 · Stockholm-based Stegra, previously H2 Green Steel, has been granted approximately €100 million from the Swedish Energy Agency’s Industrial Leap fund to support the development of a near zero-emission steel production facility in Boden. The funding is part of a broader €265 million measure, approved by the European Commission, aimed at advancing green steel production in Sweden.
Lithuanian biotech startup's new €6.5M seed funding to propel AI …
Aug 6, 2024 · Biomatter, a Vilnius-based startup in enzyme design, has closed a significant €6.5 million seed funding round led by Inventure and UVC Partners, with support from Practica Capital, Metaplanet, and several industry experts. Biomatter, renowned for its pioneering work with generative AI in enzyme creation, plans to use the funding to …
New $20M funding boosts Swedish startup’s AI-driven automation …
Oct 29, 2024 · Stockholm-based EvoluteIQ has raised $20 million in a funding round led by Round2 Capital, with additional investments from Nordea Growth Fund, DCAP Select, and PH Ventures.The funding will be allocated to expanding EvoluteIQ’s AI-driven automation platform and strengthening its global reach. With a focus on sectors such as healthcare, banking, financial services, and insurance, EvoluteIQ ...
Innomost’s new CEO, Tiina Bensky, brings 20 years of beauty …
Nov 4, 2024 · Helsinki-based Innomost has appointed Tiina Bensky as its new CEO to spearhead the company’s international expansion. Bensky brings over 20 years of experience in the beauty industry, having held senior roles at L’Oréal and Lumene, where she focused on brand development and marketing strategies.
Finland's NSI fuels Nordic research innovations with €60 million ...
March 5, 2024. 0. 382. - Advertisement -. Nordic Science Investments (NSI) has closed the first round of its €60 million fund, aimed at investing in innovations emerging from research in the Nordic countries. The fund will be used to provide growth capital and strategic support to early-stage spinout companies from universities.
Danish startup raises €17.4 million to enhance MRI workflows …
Oct 1, 2024 · Cerebriu has secured €17.4 million in Series A funding led by North Ventures, with ongoing support from EIFO and Sagitta Ventures.The investment will help Cerebriu scale its AI-powered MRI solution, Apollo, which improves MRI workflows by optimizing scan times and easing the burden on radiology departments.
November First joins Visma, streamlining financial solutions for …
September 27, 2024. 0. 173. - Advertisement -. November First, a Copenhagen-based fintech company specializing in payment solutions for SMEs, has been acquired by Visma after several years of collaboration. Founded in 2016, November First’s API has been instrumental in integrating the Smart Pay feature into Visma’s e-conomic software ...
Norwegian startup raises $6.8 million to enhance 3D sensing in …
Oct 9, 2024 · Based in Oslo, Sonair has secured $6.8 million in funding, with a recent $1.6 million round led by Skyfall Ventures and additional backing from RunwayFBU.The startup specializes in developing a patented 3D ultrasonic sensor technology that aims to improve mobile robots’ spatial awareness, transitioning from traditional 2D systems to more advanced 3D capabilities.
Innovestor unveils €20M energy storage project to support …
Oct 10, 2024 · Finnish investment manager Innovestor has initiated a €20 million energy storage project focusing on decentralized systems installed in commercial properties across Finland. This effort aims to address fluctuations in clean energy production by utilizing “behind-the-meter” battery systems, which store solar energy on-site.
Swedish Arevo AB secures €6.6M funding for precision nutrition in ...
Mar 27, 2024 · Arevo AB, a Umeå-based biotech company, has raised €6.6 million in funding, including €3.1 million from new investor Industrifonden and an additional €3.5 million from existing owners Navigare Ventures, Fort Knox, Stora Enso, and Kempestiftelserna.The company specializes in precision nutrition products that enhance plant growth and reduce environmental impact by improving nitrogen ...