ArcticStartup Media

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ArcticStartup Media

We report on digital startups and growth entrepreneurship from the Nordic and Baltic countries. Own also European startup print magazine called CoFounder.

ArcticStartup is the leading online media reporting on startups and promoting growth entrepreneurship in Northern Europe. Also known for event brands such as Arctic15, Santas Christmas Pitch, Megamatch and Nordic Deep Tech Business Summit. A community for anyone who is interested in the Nordic and Baltic startup scene. ArcticStartup helps the startup ecosystem with matchmaking, connecting, scouting, consulting, sharing information, organizing events, organizing trips to other events, building bridges between large corporations and startups, and also offering internship and job positions in the Nordics and Baltics. ArcticStartup was founded in 2007 and is currently led by Jan Ameri and Vedat Öndas. Headquartered in Helsinki, Finland. ArcticStartup covers Finland, Sweden, Norway, Denmark, Iceland, Estonia, Latvia, and Lithuania. Sign up for the weekly newsletter at www.arcticstartup.com
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28/08/2026

Estonia’s ÄIO and TFTAK receive €1.94 million for precision fermentation project

Estonian biotech company ÄIO and research organisation TFTAK have received €1.94 million from the Estonian Business and Innovation Agency’s (EIS) Applied Research Programme for a three-year R&D project focused on microbial oil production. ÄIO develops fermentation-based oils and fats for potential use in areas including food and cosmetics, while TFTAK contributes expertise in synthetic biology, bioprocess development and food research. The €2.53 million DigiFoundry 2.0 project, funded through the programme of Estonia’s Ministry of Economic Affairs and Communications, will build on the partners’ previous research into precision fermentation and microbial strain development. The project will combine synthetic biology, fermentation, automation and digital process control to improve the efficiency and scalability of producing oils and fats from food, agricultural and wood-industry side-streams. The funding will support work on linking strain development with automated production and data analysis, with the partners aiming to reduce development and manufacturing costs and improve the consistency of fermentation processes

https://arcticstartup.com/aio-and-tftak-raises-e1-94m/

28/08/2026

NORDEEP to host Global Deep Tech Showcase featuring companies selected through Global Deep Tech Awards

The Global Deep Tech Awards programme will bring a selection of research-driven startups, university spinouts and technology ventures to the main stage of NORDEEP, taking place on 16–17 September 2026 in Espoo, Finland.

The programme, presented as the Global Deep Tech Showcase at NORDEEP, is designed to give companies working on technically complex technologies an opportunity to present their products and underlying technology to investors, researchers and corporate technology leaders. The showcase is powered by SiRA, with participating companies evaluated through a structured assessment process before being selected for the stage.

Learn more and apply:
https://arcticstartup.com/global-deep-tech-awards-at-nordeep-2026/

Nordeep - 5th Anniversary Edition
ArcticStartup Events

28/08/2026

ICEYE adds predictive flood modeling through partnership with The Water Institute

ICEYE is partnering with The Water Institute to combine satellite-based flood observations with predictive flood modeling for governments, insurers and emergency management organizations in the US. ICEYE operates a large synthetic aperture radar (SAR) satellite constellation and provides flood mapping and impact data, while The Water Institute developed FloodID, a platform that uses hydrologic models, AI, Earth observation data and cloud computing to forecast how floods may develop over time. As part of the partnership, FloodID and its core development team will move to ICEYE, with former FloodID lead Hugh J. Roberts joining ICEYE as Head of Predictive Intelligence. The companies will integrate FloodID’s forecasts with ICEYE’s satellite observations so that predictions can be updated as new imagery becomes available during a flood, with the aim of providing a single operational view of observed and expected flood conditions.

https://arcticstartup.com/iceye-and-the-water-institute-partner/

27/08/2026

Finnish Boksi acquires Goodlife, adding 30 German-speaking creators to its platform

Helsinki-based creator marketing platform Boksi has acquired German influencer and talent management agency Goodlife Management in an eight-figure transaction that the companies describe as the largest known acquisition in Germany’s influencer market. The deal gives Boksi full ownership of Goodlife, which represents around 30 beauty and lifestyle creators in the German-speaking market and has worked with brands including L’Oréal and LVMH. Boksi provides software for managing creator campaigns, including planning, analytics and payments, while Goodlife has operated as a traditional talent management agency since 2017. Following the acquisition, Goodlife’s creators and brand relationships will be integrated with Boksi’s platform, while the agency will continue operating from Monheim am Rhein. Goodlife founder Armin Danesh will remain as Managing Director and will become a shareholder in Boksi’s parent company, Boksi Solutions Oy. The transaction is Boksi’s third acquisition in Germany, following deals for influencer GmbH in 2024 and For You Agency in 2025.

https://arcticstartup.com/boksi-acquires-goodlife-management/

27/08/2026

Unveiling the 2-Day Program of NORDEEP: High-Stakes Sessions & Stage Lineup

With just three weeks until 1,500 founders, investors, and corporate leaders gather at NORDEEP Summit at Dipoli in Espoo on 16–17 September, we are excited to reveal how our two-day main stage programme will unfold across our 8 Strategic Tracks. Designed for clarity and impact, our agenda focuses on a curated selection of critical deep tech themes—structured so you can easily navigate the sessions that matter most to you. Built strictly around technical proof and actionable ex*****on, our program skips standard corporate slide decks to focus on solving high-stakes industry bottlenecks. Every track pairs authoritative expert panels directly with high-density startup showcases, where founders deliver live product validation and their “One Clear Ask.”

Learn more:
https://arcticstartup.com/2-day-program-of-nordeep/

Nordeep - 5th Anniversary Edition
ArcticStartup Events

26/08/2026

Danish os.energy raises €1 million to develop AI-powered tools for household energy use

Copenhagen-based energy tech startup os.energy has launched its consumer energy brand Osmund after a year in stealth, backed by a €1 million pre-seed investment from Danish early-stage investor PSV Tech. The company operates as a licensed electricity retailer and uses AI to automate energy market, billing and customer service processes. Osmund offers electricity at cost price without a margin on consumption, alongside a subscription-based product and an optional energy app that provides customers with information about their electricity use and bills. The funding will support the development of the company’s energy platform and new services focused on managing household electricity consumption, including smart control of EV charging, heat pumps and home batteries.

https://arcticstartup.com/os-energy-raises-e1m-for-osmund/

25/08/2026

Former Lunar executives lands €8.2 million pre-seed to build an AI-native audit firm from the ground up

Repodo has raised €8.2 million in pre-seed funding to build an AI-native audit firm from the ground up. The round was led by Hedosophia and Seed Capital, with participation from additional prominent investors, and brings together former Lunar co-founders Ken Villum Klausen, Peter Andreasen and Joachim Strøjer Hansen with auditor and co-founder Anders Houmann. Repodo is launching in Denmark with a focus on small and medium-sized businesses, using AI to automate repetitive audit work such as data collection, reconciliations, documentation and transaction analysis, while qualified auditors retain responsibility for risk assessment, professional judgement and final sign-off. The company plans to use the new capital to further develop its technology platform, grow its team and support its Danish launch, before expanding market by market across Europe.

https://arcticstartup.com/repodo-raises-e8-2m/

25/08/2026

Norway’s Volve raises $3 million seed to tackle construction’s costly pre-project decisions with AI

Oslo-based construction technology company Volve has raised NOK 30 million (approximately $3 million) in a seed round led by Skyfall Ventures, with J12, Norrsken Evolve, OBOS Ventures, Antler, Startuplab, and Daniel Kjørberg Siraj, former CEO of OBOS. Founded in 2024, Volve develops AI software that processes tender and contract documents for construction projects, helping contractors assess bids, pricing and project risks. Volve plans to use the new capital to expand its product for main contractors and public clients, enter the UK and Continental European markets, and develop a data graph that connects project scope, requirements, risks and commercial outcomes across tenders.

https://arcticstartup.com/volve-raises-3m/

Credit: Markus Kristiansen

25/08/2026

Swedish Solace Care secures €2.1 million pre-seed to expand end-of-life platform across Europe

Stockholm-based Solace Care has raised €2.1 million in a pre-seed round led by Spintop Ventures, with the participation from Plug and Play Insurtech, Wave Ventures and a group of Nordic insurance executives, including former ICA Försäkring CEO Caroline Farberger and former Fennia CEO Tomi Yli-Kyyny. Founded in 2025 by former Mindler executives Valtteri Korkiakoski and Josef Karakoca, Solace Care provides a digital platform for legacy planning and post-loss administration, helping users organize documents and wishes before death and guiding families through practical tasks following a death. The company says its service currently covers more than 25,000 lives across Sweden, Finland and Norway. The new funding will support the expansion of its partnerships with insurers and brokers, market entry in the Netherlands and UK, and additional hires in product and commercial operations.

https://arcticstartup.com/solace-care-raises-e2-1m-pre-seed/

25/08/2026

Sabancı University Inovent, Gedik University, and GEAR UP launch "Türkiye Pavilion" at NORDEEP Summit 2026 to bridge Turkish deeptech and Nordic industries

Sabancı University Inovent Corp., Türkiye’s pioneering technology transfer and seed fund organization, in strategic partnership with Gedik University (İstanbul Gedik Üniversitesi) and the Gear UP GSYF program, has officially announced the launch of the Türkiye Pavilion at the upcoming NORDEEP Deep Tech Business Summit 2026. Scheduled for September 16–17, 2026, at the iconic Dipoli venue in Espoo, Finland, the pavilion will serve as a key bilateral gateway for advanced technology, investment, and strategic know-how.

As the Nordic region’s largest and most business-focused deep tech gathering, Nordeep - 5th Anniversary Edition is set to host over 1,500 attendees, 400+ deep-tech startups, and 150+ specialized international investors. The Türkiye Pavilion represents a major milestone in connecting the fast-growing Turkish engineering and defense ecosystems with the highly sophisticated Nordic market—an area increasingly focused on industrial AI, quantum computing, advanced manufacturing, and dual-use defense technologies.

https://arcticstartup.com/turkiye-pavilion-at-nordeep-summit-2026/

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