ArcticStartup Media

Koti
Suomi
Helsinki
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, scoutin

g, 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
For advertising inquiries, email us at [email protected]

26/11/2025

Swedish Kovant raises €1.5 million pre-seed as it debuts enterprise-focused agentic AI platform

Stockholm-based Kovant has secured €1.5M in pre-seed funding as it launches its enterprise AI platform publicly. The round was led by J12 Ventures, with participation from Ampli, Greens Ventures, and several angel investors, including Sarah Öhrvall—who will join the company’s board—and Emmanuel Martin-Chave of DataGuard. Kovant develops an “agentic” AI system that enables organisations to run operational tasks through coordinated teams of specialised AI agents, designed to work across areas such as procurement, supply chain, compliance, and customer support. The company’s approach centres on using small language models within controlled guardrails to reduce errors and ensure auditability. With the new funding, Kovant plans to expand its presence across the Nordics, Switzerland, and the Benelux region while continuing to work with large industrial and manufacturing customers.

https://arcticstartup.com/kovant-raises-e1-5m-pre-seed/

26/11/2025

Denmark’s Noahs secures €1.9 million to modernise convenience retail as sector shifts toward digital food services

Copenhagen-based food-tech startup Noahs has secured €1.9 million in fresh funding to accelerate its push toward modernizing the €1T global convenience retail sector. The round, led by PSV Tech with participation from prominent angels including former Coop Denmark CEO & CTO Kraen Nielsen, RBS & Associates President Bob Stein, and existing backer Torben Frigaard Rasmussen, values the company at €6.5M pre-money. Noahs builds a three-layered platform that turns analogue service stations, supermarkets, and travel hubs into digital, multi-brand food destinations—offering retailers a plug-and-play way to enter the fast-growing “foodvenience” economy. The new capital will fuel international expansion into the US and UAE, support product development, and prepare the company for a Series A in early 2026 as it aims for presence in 10,000 locations by 2030.

https://arcticstartup.com/noahs-raises-e1-9m/

26/11/2025

Norway’s Bsure raises $2.1 million to tackle identity blind spots in Microsoft environments

Norwegian identity-visibility startup Bsure has raised $2.1 million in seed funding to tackle one of the biggest hidden risks in modern IT: the blind spots inside Microsoft environments. The round was led by Scale Capital, with participation from existing US-based shareholders. Bsure gives companies a real-time map of users, access rights, and dormant accounts across Microsoft Entra ID and Microsoft 365—an issue that has grown more urgent as identities multiply and regulations like NIS2 and DORA demand continuous oversight. With more than 200 customers in nine countries, the company plans to use the fresh capital to grow its team, accelerate international expansion, and develop new AI-driven features that make identity risks easier to detect and act on.

https://arcticstartup.com/bsure-raises-2-1m/

Credit: Heidi Dokter

25/11/2025

Latvia’s TestDevLab acquired by Xoriant, expanding Baltic role in AI-Era QA

Latvia-based TestDevLab, known for its deep specialization in software quality engineering, has been acquired by global engineering firm Xoriant as part of the latter’s ongoing expansion into Europe. For TestDevLab—whose 500-person team works across test automation, performance and multimedia testing, accessibility, UX, and network simulation—the deal provides access to larger international delivery networks and broader enterprise markets. The company’s proprietary tools, including Loadero and its AI-driven Barko agent, will be integrated into Xoriant’s wider quality engineering and AI validation offerings.

https://arcticstartup.com/testdevlab-acquired-by-xoriant/

25/11/2025

Estonian PowerUP lands €10 million to scale dual-use hydrogen generators as demand for resilient power infrastructure intensifies

Tallinn-based PowerUP Energy Technologies has secured a €10 million Series A round to scale its hydrogen fuel-cell generators, a dual-use technology already proven in extreme operational environments. The round was co-led by defence-aligned venture firms Mercaton and ScaleWolf, with participation from SmartCap’s EU-backed Green Fund and existing investors. PowerUP develops silent, emission-free hydrogen generators used across defence, telecom, and industrial settings, with recent deployments—including in Ukraine—demonstrating their reliability under pressure. The fresh capital will accelerate manufacturing, expand sales operations across new commercial and defence markets, and advance R&D on higher-density models as the company pushes to meet rising international demand for resilient, off-grid power.

https://arcticstartup.com/powerup-raises-e10-million-series-a/

25/11/2025

Swedish-German Delta Charge secures $4.3 million to advance battery-supported depot charging

Delta Charge, a Swedish-German company working on battery-supported charging infrastructure for electric trucks, has raised $4.3 million in equity funding. The round was led by Vireo Ventures and Rethink Ventures, joined by Audi and Allianz executives, German family offices, and climate-tech founders from Munich. Founded in 2024, the company develops depot-based charging sites that combine battery storage, charging hardware, and energy-management software for logistics and industrial operators. The new funding will be used to expand its network of charging depots and battery-enabled industrial hubs across Europe.

https://arcticstartup.com/delta-charge-raises-4-3m/

25/11/2025

Wiraya and On-Time merge to build the leading Nordic voice-led communication platform

Swedish SaaS company Wiraya, known for its intelligent, voice-led communication technology, has merged with On-Time Research Solutions Oy, a Finnish SaaS provider specializing in customer engagement and payment reminders. The combined company aims to create the leading Nordic platform for intelligent voice-driven communication in sectors such as debt collection, insurance, and customer activation. The merger will strengthen Wiraya’s product offering and expand its presence across Sweden and Finland. On-Time brings a modern user interface, a strong recurring customer base, and an experienced team, with CEO Teemu Valkonen assuming the role of Chief Product Officer in the unified company. Together, Wiraya and On-Time plan to deliver a scalable one-platform solution that integrates automation, AI, and behavioral insights to enhance customer communication and drive profitable growth.

https://arcticstartup.com/wiraya-and-on-time-merge/

25/11/2025

Sweden’s AlixLabs raises €14.1 million to scale its APS™ etching technology for advanced chip production

Lund-based deep-tech startup AlixLabs has raised a €14.1M Series A to speed up the industrialization of its Atomic Layer Etching Pitch Splitting (APS™) technology, a process designed to make advanced semiconductor manufacturing cheaper and more energy-efficient. The round was co-led by long-time backers Navigare Ventures, Industrifonden, and FORWARD.one, with new participation from STOAF and Japan’s Global Brain, further expanding the company’s international footprint. AlixLabs will use the funding to scale R&D and production in Lund and the Netherlands, deepen work with foundry partners, and move APS™ from customer validation into beta testing in 2026 as it targets full industrial deployment by 2027.

https://arcticstartup.com/alixlabs-raises-e14-1m-series-a/

25/11/2025

Norway’s SportAI raises $3 million to expand camera-agnostic sports analysis tech

Oslo-based SportAI, a B2B sports technology startup using AI-powered video analysis to deliver professional-level performance insights, has raised an oversubscribed $3M round led by Norwegian investment fund Altitude Capital with participation from global tennis star Casper Ruud, former McKinsey Global Tech & Media head Endre Holen, US pro soccer player Alejandro Bedoya and TRK Group founder Trond Riiber Knudsen. Holen, who previously served on Hudl’s board, is also joining SportAI as Chairman. The fresh capital will be used to accelerate the company’s global roll-out and deepen technical development of its camera-agnostic SaaS and API platform, which plugs into court camera and streaming providers to give players and coaches instant statistics, tactical insights and highlight clips across thousands of sports facilities worldwide.

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

25/11/2025

Starship Technologies partners with Uber Eats to begin autonomous robot deliveries in the UK this year

Starship Technologies and Uber Eats are entering a long-term collaboration to introduce autonomous sidewalk delivery robots across several markets, starting in Leeds, UK, in December 2025. The partnership brings together Starship’s existing fleet of AI-driven delivery robots—already used in millions of real-world orders—and Uber Eats’ large distribution network. In practice, this means Uber Eats customers in pilot cities will begin receiving eligible orders via Starship robots, which operate at Level 4 autonomy and can travel up to two miles. The rollout will continue into multiple European countries in 2026, with U.S. expansion planned for 2027. Both companies expect the collaboration to help test how autonomous delivery fits into everyday food-delivery operations at scale, while assessing regulatory, logistical, and consumer-experience implications across different regions.

https://arcticstartup.com/starship-technologies-partners-with-uber-eats/

24/11/2025

Finnish startups set a new record with over €1.5B raised in 2025

Finland’s startup community is closing out 2025 with something rare in today’s uncertain economic climate: momentum, optimism, and a record-breaking wave of investment that has lifted the entire ecosystem.

According to new figures from the Finnish Venture Capital Association (FVCA), Finnish startups raised €400 million during the first half of the year. By autumn, a series of major rounds—led by Oura’s historic €777 million raise and IQM’s €275 million—pushed the annual total past €1.5 billion, marking one of the strongest years the Finnish tech scene has ever seen.

Behind the numbers lies a bigger story: an ecosystem maturing in real time. Early-stage founders continue to attract strong domestic support, while scaleups are drawing some of the world’s biggest investors to Finland. The energy is palpable across sectors—health tech, quantum computing, AI, climate tech, and next-generation industrial solutions are all playing a role in pulling the country forward.

Read more:
https://arcticstartup.com/finnish-venture-capital-association-2025-latest-data/

24/11/2025

BalticVC’s new survey shows a more mature, confident, and resilient ecosystem

The Baltic startup ecosystem is entering a new chapter — one defined not by hype cycles or explosive swings, but by steady growth, experienced founders, stronger teams, and healthier focus, according to the newly released Baltic Startup Survey 2025 by BalticVC in partnership with YellowRocks!.

Despite a turbulent global macro environment, most Baltic founders say they are in a better place than a year ago. More than half (53%) report improvements in their business environment, and a remarkable 90% achieved revenue growth in the last six months — a sign that Baltic startups are proving both adaptable and enduring.

Read more:
https://arcticstartup.com/baltic-startup-survey-2025/

Osoite

Helsinki

Nettisivu

http://www.arcticstartup.com/

Hälytykset

Tiedä ensimmäisenä ja anna meille oikeus lähettää sinulle sähköpostitse uutisia ja promootioita ArcticStartup Media :ltä. Sähköpostiosoitettasi ei käytetä muihin tarkoituksiin, ja voit perua milloin tahansa.

Ota Yhteyttä Yritys

Lähetä viesti ArcticStartup Media :lle:

Oikopolut

Oma Yritys listan huipulle Mediayhtiö Helsinki :ssa?

Jaa

Kategoria

Media- tai uutisyhtiö