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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3928362 | Tags:



















Kain Capital appoints Ashish Gupta as Chief Technology Officer
Published: 09-11-2023 | 13:23:00 | By: Pie Kamau


Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Published: 18-10-2023 | 13:03:00 | By: Pie Kamau
Cloover has closed an oversubscribed €7 million pre-seed investment round.


EIF and Swedish fintech Invoier boost European SMEs with €58m financing
Published: 16-10-2023 | 14:59:00 | By: Pie Kamau
EIF and Invoier have partnered to provide SMEs with better access to funding.


Swedish fintech Brite Payments raises $60m to accelerate instant bank payments across Europe
Published: 04-10-2023 | 15:34:00 | By: Pie Kamau
Brite Payments has announced a $60m funding round.


Japanese semiconductor firm EdgeCortix closes $20m to accelerate AI capabilities
Published: 04-10-2023 | 15:11:00 | By: Pie Kamau
EdgeCortix announced the closing of a $20m funding round.


Swedish tech lender Ark Kapital appoints Annika Falkengren to the Board
Published: 29-09-2023 | 11:41:00 | By: Pie Kamau
The Swedish Ark Kapital has appointed Annika Falkengren to its Board of Directors.


Israeli AIOps startup Senser launches with $9.5m to disrupt legacy observability technology
Published: 29-09-2023 | 09:47:00 | By: Pie Kamau
Senser has emerged from stealth with $9.5m in seed funding.


Swedish startup QA.tech raises $1m pre-seed round to revolutionize software testing
Published: 26-09-2023 | 12:26:00 | By: Pie Kamau
Swedish startup QA.tech has raised $1m in pre-seed funding round.


Unlocking the future of drug discovery with AI, BBC Research
Published: 26-09-2023 | 11:59:00 | By: Pie Kamau
BCC's newly released report unveils the extraordinary impact of AI on pharmaceutical and biotech sectors.


Swedish startup Novatron Fusion secures €5m seed funding to propel fusion energy innovation
Published: 06-09-2023 | 10:44:00 | By: Pie Kamau
Novatron Fusion announced the successful closure of its seed round, raising €5m.


Explainable-AI startup ZAC achieves precise 3D descriptions of objects for US Air Force
Published: 06-09-2023 | 09:49:00 | By: Pie Kamau
ZAC has achieved precise 3D descriptions and measurements for US Air Force.


Irys Insurtech closes $3.5m seed round to take on legacy competitors
Published: 25-08-2023 | 11:27:00 | By: Pie Kamau
Irys Insurtech has closed a seed funding round of $3.5 million.


Kamupak and &Repeat join forces to build a Nordic market in circular packaging systems
Published: 23-08-2023 | 13:18:00 | By: Pie Kamau
Finnish Kamupak is merging with Swedish competitor, impact tech startup &Repeat.


Swedish fintech Klarna records growth in key European markets
Published: 23-08-2023 | 12:14:49 | By: Pie Kamau
Klarna, the global payments network and shopping assistant, announced strong growth across Europe.


Apica acquires data fabric startup LOGIQ.AI, raises $10m to modernize data management
Published: 17-08-2023 | 14:48:00 | By: Pie Kamau
Apica announced its agreement to acquire data fabric startup LOGIQ.AI.


Swedish SaaS startup CodeScene raises €7.5m financing round to accelerate growth
Published: 15-08-2023 | 11:19:00 | By: Pie Kamau
Swedish SaaS startup CodeScene has successfully raised €7.5m financing round.


DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
Published: 31-07-2023 | 17:04:00 | By: Pie Kamau
DBtune has successfully closed €2.4 million seed funding round led by 42Cap


Explainable-AI image recognition startup ZAC initiates medical imaging for pathology
Published: 18-07-2023 | 09:40:00 | By: Pie Kamau
ZAC will apply its Concept-Learning algorithms in medical imaging.


Belgian fund manager Amavi Captial acquires Sweden’s SF Ventures, increases proptech portfolio
Published: 13-07-2023 | 12:23:00 | By: Pie Kamau
Belgium-based AMAVI Capital has announced expansion into the Nordic region.


Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Published: 14-06-2023 | 16:38:00 | By: Pie Kamau
Chatbots are dramatically reshaping the insurance industry.


The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
Published: 16-05-2023 | 12:59:00 | By: Pie Kamau
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.


Innovate UK launches £100m AI Fund for UK business
Published: 09-05-2023 | 13:03:00 | By: Pie Kamau
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML). 


Swedish sodium-ion battery developer Altris secures €4.8m funding, appoints new CEO and CFO
Published: 02-05-2023 | 12:17:00 | By: Pie Kamau
Altris, the Swedish sodium-ion battery developer, has secured €4.8 million of bridge financing from its current owners and appointed Björn Mårlid as its new CEO and Christer Bergquist as new CFO.


Innovate UK launches £100 million AI fund for UK businesses
Published: 28-04-2023 | 15:25:58 | By: Bob Koigi
 The £100m investment comes partly from Innovate UK & the Technologies Mission Fund (TMF), launched by HMG/UKRI on 6 March 2023, and will bring together businesses from priority sectors with AI experts and developers, to foster an AI innovation network in the UK.


Mumbai-based HRtech startup ZingHR invests in SaaS startup LokiBots to expand its AI-based products and services
Published: 21-03-2023 | 11:00:00 | By: Pie Kamau
HRtech startup ZingHR has made a strategic investment in Silicon Valley-based SaaS startup LokiBots. The investment will help ZingHR leverage its AI-based software bots.


Is AI content moderation better than human content moderation?
Published: 08-03-2023 | 10:46:00 | By: Pie Kamau
Who is better at detecting inappropriate content – computers or humans? To answer this question Unitary compares AI and humans on different levels, including scale, personal risk, cost, bias and context.


Stockholm’s Summa Equity acquires majority stake in ​​Logpoint to create European cybersecurity powerhouse
Published: 02-03-2023 | 11:03:00 | By: Pie Kamau
Summa Equity announced the acquisition of a majority stake in Logpoint, the creator of a reliable, innovative cybersecurity operations platform - empowering organization to thrive in a world of evolving digital threats.


Vue.ai announces new AI powered models to generate inclusive ad creatives through Meta's Creative Shop
Published: 01-03-2023 | 16:01:00 | By: Pie Kamau
Vue.ai, the retail vertical of AI startup Mad Street Den, announced its partnership with Meta to generate automated and inclusive ad creatives using AI-powered models for brands using Meta's creative services.


CampX by Volvo Group opens new Incubator track for startups to accelerate sustainable mobility innovations
Published: 13-02-2023 | 09:45:00 | By: Pie Kamau
More than 50 startups have developed their ideas at CampX, the global collaboration hub for innovations by Volvo Group.


Finance software startup Quartr signs API deal with Nordnet to enhance informed investment decisions
Published: 06-02-2023 | 12:15:00 | By: Pie Kamau
Finance software startup Quartr signed an API deal with Nordnet, the online broker in the Nordic region, reaching almost two million customers.


Swedish AI startup Viking Analytics raises more than €3m Series A funding for global expansion
Published: 30-01-2023 | 10:32:00 | By: Pie Kamau
Viking Analytics, a Swedish startup developing AI-based machine health monitoring technology, announced the closing of its Series A round, co-led by Belgium-based Finindus and Sweden-based Industrifonden.


Swedish solar power startup SunRoof raises €13.5m growth round to expand across Europe and the US
Published: 19-01-2023 | 11:55:00 | By: Pie Kamau
Swedish solar power startup SunRoof announced it has raised €13.5 million growth round extension to bring its pioneering solar roof system to more homeowners worldwide.


Finance software startup Quartr partners with Lightyear to bring free and easy-to-access company information for investors across Europe
Published: 18-01-2023 | 14:28:00 | By: Pie Kamau
Finance software startup Quartr, signed an API deal with Lightyear, an online broker based in London, serving customers in 20 countries across Europe.


Finance software startup Quartr signs deal with Swedish online broker Avanza
Published: 12-01-2023 | 09:20:00 | By: Pie Kamau
Finance software startup Quartr, announced it has passed a significant milestone on its mission to bring the financial community closer together by signing a breakthrough API deal with Sweden's online broker Avanza.


Taiwanese startup Profet AI closes $5.6m Series A funding round to fuel regional expansion, product development
Published: 05-01-2023 | 12:41:00 | By: Pie Kamau
Profet AI, a Taiwan-based developer of auto machine learning solutions, has raised $5.6 million in a Series A funding round to accelerate its overseas expansion into Japan, Southeast Asia and China.


AI-driven SaaS startup Kuona raises $6m round to solve brand pricing and promotion challenges
Published: 20-12-2022 | 10:07:00 | By: Pie Kamau
Kuona, the intelligent SaaS platform that uses machine learning to automatically optimize product prices, promotions, and inventories for consumer packaged goods (CPGs) and retailers, announced it has raised a $6 million seed round.


Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Published: 01-12-2022 | 11:32:00 | By: Pie Kamau
Sweden-based automotive company Scania, announced it is launching a new €182.8 million investment vehicle, Scania Growth Capital II, following the success of its first venture capital fund, Scania Growth Capital I.


Plug and Play partners with Canadian airline WestJet to leverage AI and Machine Learning solutions
Published: 23-11-2022 | 09:06:00 | By: Pie Kamau
Global innovation platform Plug and Play announced its partnership with WestJet, Canada's second largest airline in both their Silicon Valley and Alberta, Canada locations.


[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
Published: 18-11-2022 | 09:31:39 | By: Bob Koigi
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.


Swedish startup Finch secures €2.5m funding to spearhead the shift from manual to generative workflows in the AEC industry
Published: 11-11-2022 | 07:05:00 | By: Pie Kamau
Swedish startup Finch announced it has secured €2.5 million funding to spearhead the shift from manual to generative and data-driven workflows in the architecture, engineering and construction (AEC) industry.


Swedish startup Grafbase raises $5m seed funding to build the data platform of the future
Published: 26-10-2022 | 11:06:00 | By: Pie Kamau
Grafbase, the data platform for developers, announced it has raised fresh $5 million seed funding round, bringing $7.3 million in total funding.


Swedish tech startup Lurkit launches Creator Program, a gaming influencer marketing product
Published: 25-10-2022 | 13:14:00 | By: Pie Kamau
Swedish tech startup Lurkit announced it is taking its newest gaming influencer marketing product, 'Creator Program,' to the market.


Paris-based Aqemia raises €30m to scale its deep physics and AI enabled drug discovery pipeline
Published: 19-10-2022 | 11:50:00 | By: Pie Kamau
Paris-based Aqemia has raised €30 million in a Series A funding round led by Eurazeo and Bpifrance through its Large Venture fund, with the participation of Elaia its historic investor.


Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Published: 10-10-2022 | 14:21:00 | By: Pie Kamau
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.


Tech startup Zartico secures $20 million in Series A funding to boost tourism analytics portfolio
Published: 04-10-2022 | 16:12:46 | By: Bob Koigi
Zartico’s integrated data model™ offers its customers anonymized geolocation, spend and event data for visitors and destinations in real-time.


London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Published: 23-09-2022 | 12:04:00 | By: Pie Kamau
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.


Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Published: 22-09-2022 | 11:45:00 | By: Pie Kamau
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.


Google-backed startup Massage Robotics launches equity crowdfunding via StartEngine
Published: 21-09-2022 | 10:26:00 | By: Pie Kamau
Google-backed startup, Massage Robotics announced the launch of equity crowdfunding via StartEngine, to show how robots can help people heal with free massage therapy.


Hyperspec AI startup releases software platform for autonomous driving development
Published: 15-09-2022 | 10:20:00 | By: Pie Kamau
Hyperspec AI, an artificial intelligence startup, released a new tool for developers working on ADAS enabled and autonomous vehicles (AV).


Edge computing startup EDJX appoints Benjamin Thomas as new CEO, raises seed funding round
Published: 06-09-2022 | 16:34:00 | By: Pie Kamau
EDJX, the pioneer in decentralized global serverless edge computing, announced it has hired a new CEO while simultaneously raising a seed round of funding.


Swedish payment startup Billogram raises €15m to accelerate growth in Europe and the DACH region
Published: 31-08-2022 | 11:47:00 | By: Pie Kamau
Swedish invoicing and payment startup Billogram has raised €15 million in funding round led by Swisscom Ventures, with participation from Partech, CNI Nordic and Inbox Capital.


Tech startup GoMe.ai brings AI coaching platform to market, launches crowdfunding campaign on StartEngine
Published: 17-08-2022 | 14:38:00 | By: Pie Kamau
Tech startup GoMe.ai has launched a campaign on equity crowdfunding platform StartEngine to fund and market its key offering: an AI-driven, SaaS-based mobile coaching experience.


Canadian AI startup Proto raises $5.6m Series A funding to accelerate global expansion
Published: 10-08-2022 | 10:55:00 | By: Pie Kamau
Canadian startup Proto announced it has raised $5.6 million Series A round led by Mucker Capital with participation from Yolo Investments for the global expansion of its AI Customer Experience (AICX) solutions.


HiddenLayer startup emerges from stealth mode, raises $6m seed funding to protect AI-powered products
Published: 20-07-2022 | 10:06:00 | By: Pie Kamau
HiddenLayer startup announced it has emerged from stealth mode to launch its flagship product, after raising $6 million in seed funding led by Ten Eleven Ventures.


YC-backed startup Bobidi raises $5.8m to build global bug bounty platform for AI models
Published: 15-07-2022 | 12:26:00 | By: Pie Kamau
Bobidi, an AI model test platform, announced it has raised $5.8 million in seed funding from Y Combinator, We Ventures, Hyundai Motors Group ZER01NE, Scrum Ventures, NPE, Meta, Lotte Ventures, Atlas Pac Capital, and angel investors.


Austin-based startup Sumatra raises $1.5m seed round to launch real-time data platform
Published: 13-07-2022 | 16:18:00 | By: Pie Kamau
Sumatra, an Austin-based real-time data platform company, announced that it has secured $1.5 million in seed financing led by S3 Ventures with participation from Sentiero Ventures, Data Power Ventures, and AI Sprouts.


London-based invoice intelligence platform Xelix completes $5m Series A funding to accelerate growth
Published: 04-07-2022 | 15:57:00 | By: Pie Kamau
Invoice intelligence platform Xelix announced it has successfully completed the Series A funding round, raising $5 million.


Breakthrough AI integration platform AI Squared raises $6m seed financing to accelerate growth
Published: 28-06-2022 | 14:02:00 | By: Pie Kamau
AI Squared, the low-code AI integration platform, announced it has raised $6 million Seed financing by global venture capital firm NEA with participation from Ridgeline Partners.


Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Published: 13-06-2022 | 15:10:00 | By: Pie Kamau
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.


Swedish gaming startup Lurkit raises $2.7m to empower gaming influencer marketing globally
Published: 13-06-2022 | 14:11:00 | By: Pie Kamau
Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale.


High-speed package inspection startup Spectrohm raises $2m seed funding to transform security screening
Published: 04-05-2022 | 12:56:00 | By: Pie Kamau
Spectrohm, a company building next-generation inspection solutions for mail and packages, announced it closed $2.0 million in seed funding.


Swedish AI Fund announces new fund targeting AI startups in Africa
Published: 05-04-2022 | 13:17:01 | By: Pie Kamau
Swedish AI Fund (SAIF), an NGO providing financial aid, grants and scholarships to AI projects has announced a new fund targeting AI startups in Africa.


Manchester-based HRtech startup Orka raises £3m to accelerate growth
Published: 01-04-2022 | 17:06:00 | By: Pie Kamau
Manchester-based Orka Technology Group (Orka), announced it has secured £3 million Series A fundraising round from Praetura Ventures.


Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Published: 11-03-2022 | 13:40:00 | By: Pie Kamau
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.


Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
Published: 09-03-2022 | 12:51:00 | By: Pie Kamau
Acamp, the Swedish marketplace connecting campers with landowners, has acquired the popular camping community app, Ställpatser, just weeks after its €2.5 million funding round.


5G Open Innovation Lab selects MetaPower to join its startup development program
Published: 09-03-2022 | 11:32:00 | By: Pie Kamau
MetaPower, the innovators creating the future of Intelligent Wireless Power, announced its selection as one of 12 startups newly added to the 5G Open Innovation Lab (5G OIL).


Energy-efficient AI semiconductor startup EdgeCortix closes over $8m Series A funding
Published: 01-03-2022 | 11:58:00 | By: Pie Kamau
EdgeCortix the AI-focused fabless semiconductor company, announced the closing of over $8 million in series A funding.


Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Published: 21-01-2022 | 13:28:00 | By: Pie Kamau
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.


Munich-based startup ZenML raises $2.7m to advance open source MLOps framework
Published: 15-12-2021 | 13:42:00 | By: Pie Kamau
ZenML, the creator of the extensible open source Machine Learning Operationalization (MLOps) framework for data scientists, announced it has raised $2.7 million in its seed round led by Crane Venture Partners.


Healthtech startup Sigrid Therapeutics raises $8.4m from US, Irish and Swedish investors for diabetes breakthrough
Published: 11-11-2021 | 11:25:00 | By: Pie Kamau
Swedish healthtech startup Sigrid Therapeutics is set to prevent two of the world's biggest health challenges, type 2 diabetes and obesity with its SiPore15® powder.


Minna Technologies raises €15.5 million to expand open banking tech to banks globally
Published: 15-01-2021 | 11:20:00 | By: Bob Koigi
Subscription management software tool Minna Technologies has raised €15.5 million in Series B fundraising led by Element Ventures.


Swedish fintech startup Payer launches beta test program to revolutionize customer registration in B2B e-commerce
Published: 09-11-2020 | 14:51:00 | By: Pie Kamau
Financial Services startup Payer has developed a new registration product that revolutionizes how customer relationships are made between companies online.


Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Published: 30-10-2020 | 08:28:00 | By: Pie Kamau
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.


ESL and DreamHack merge to shape the future of E-sports and gaming
Published: 01-10-2020 | 16:49:00 | By: Bob Koigi
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.


Swedish startup Voi steps up its safety game with next generation scooter
Published: 25-08-2020 | 15:07:30 | By: Pie Kamau
Swedish startup Voi unveiled its safest ever scooter model - Voiager 4 - the world’s first sharing scooter with indicators, allowing riders to alert other road users.


Sweden e-scooter startup Voi Technology wins first large-scale exclusive trial deal in UK
Published: 08-08-2020 | 14:17:47 | By: Bob Koigi
Swedish-founded micro-mobility startup Voi Technology is getting ready to put its first fleet of e-scooters on UK streets.


Pan-European micro-mobility startup Voi achieves profitability in June, secures $30m funding
Published: 16-07-2020 | 13:17:00 | By: Pie Kamau
Voi Technology, the pan-European micro-mobility leader announced it has reached its first-ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter service which now operates across 40 cities.


Eir Ventures announces first close of €76m fund to leverage untapped potential of health care innovation
Published: 13-07-2020 | 14:05:00 | By: Pie Kamau
Eir Ventures, a Nordic Life Science Venture Fund, announced a first close of its new fund of €76 million to leverage untapped potential of health care innovation.


Paypal invests in Sweden fintech startup Tink to grow European footprint
Published: 05-06-2020 | 16:13:00 | By: Bob Koigi
Paypal has invested €90 million in Stockholm-based fintech Tink and entered into a strategic agreement with the startup.


EIT Health selects startups for Headstart 2020
Published: 05-06-2020 | 10:28:00 | By: Pie Kamau
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.


Swedish digital healthcare startup Doktor.se secures $50 million to strengthen online medicare
Published: 28-05-2020 | 14:34:09 | By: Bob Koigi
Doktor.se, one of Sweden's largest players in digital healthcare has secured approximately $50 million in a capital round where Carnegie and Handelsbanken have been advisers.


Swedish startup Mycorena raises €1.2 million funding to expand production, scale-up activities
Published: 26-05-2020 | 15:45:00 | By: Pie Kamau
Swedish startup Mycorena has raised over €1.2 million to fund the scale-up expansion of the product to reach the mass market, by financing the sustainable growth of the company initiating their first small-scale industrial production plant in Falkenberg.


BlaBlaCar partners with Voi Technology to offer e-scooters in France
Published: 26-05-2020 | 14:58:00 | By: Bob Koigi
Carpooling platform BlaBlaCar has chosen to extend its offer and partner with Swedish electric scooters company Voi Technology to offer BlaBla Ride Scooters.