Swedish startup Minna Technologies raises €15.5 million to help retail banks enable their subscription management offering 

The subscription management software tool Minna Technologies has raised €15.5 million in Series B fundraising led by Element Ventures, with support from MiddleGame Ventures, Nineyards Equity and Visa, to expand its innovative open banking technology to banks across the world.  Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their […]

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The Nordic Startup Awards 2020 Regional Winners have been announced!

The regional winners of the 8th season of the Nordic Startup Awards (the Nordic edition of Global Startup Awards, the world’s largest independent startup ecosystem competition) have just been announced. This year’s edition took place with a spectacular online Awards Show, obviously due to the pandemic.  The Regional Grand Finale Day gathered some of the most important […]

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Swedish fashiontech startup Material Exchange lands €5 million to boost its digital material management solution

A Swedish fashiontech startup, Material Exchange, which acts as a comprehensive digital material management solution, today announced the closing of a €5 million funding round to accelerate its growth plans. Material Exchange is one of the few lucky startups that has benefited from the ‘new normal’ caused by the pandemic. “Our business exploded overnight as […]

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Swedish digital vet FirstVet launches in the US, supported by new €29.5 million funding round 

FirstVet, the company that provides pet-owners with on-demand video consultations from local, qualified veterinarians, has raised around €29.5 million to support its launch in the US. The financing round was led by Mubadala Investment Company’s financial investment arm, Mubadala Capital, with participation from Cathay Innovation alongside existing backers, OMERS Ventures and Creandum. FirstVet has raised […]

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Sweden-based Juni raises €2 million to improve banking for e-commerce and online marketing entrepreneurs

Today Juni, the online banking platform for e-commerce and online marketing professionals, announces €2 million in seed financing led by early-stage venture capital firm Cherry Ventures. The new capital will go towards product development and talent acquisition. The round was supported by a group of notable angels with extensive experience building global fintech and e-commerce […]

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Innovating in eHealth? Join the German-Swedish HealthTech Event online on 5th Nov (Sponsored)

Healthtech has fully moved into the spotlight since the coronavirus pandemic hit much of the world. The scrabble to find new ways of increasing efficiency and care have propelled a new wave of innovation in health and medical technologies. It’s no surprise that investments in these sectors are rising, and all parties involved in these […]

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Stockholm-based Voi conquers another UK region for exclusive e-scooter trials, now the no.1 operator

Today Voi, a leading e-scooter operator, has taken another step forward in the UK’s e-scooter trials race. The startup has been selected as the exclusive e-scooter rental scheme provider for the West of England region, including Bristol and Bath, making it the UK’s number-one operator so far. The 12-month West of England trial, which will roll […]

Stockholm-based Einride raises €8.5 million to expand its freight service using driverless e-vehicles

Einride, a Swedish startup that develops and provides freight transport solutions using on electric and autonomous vehicles, today announced around €8.5 million Ericsson Venturesin new funding from existing investors led by impact fund, Norrsken VC. EQT Ventures, Nordic Ninja VC, Ericsson Ventures, and other investors also participated in the round. This new round will be used to fast track […]

Malmö-based proptech Norban raises €1.7 million to expand to Gothenburg and Copenhagen

Today Malmö-based proptech startup Norban has raised approx. €1.7 million, having also secured a valuation of around €4.8 million. The round was led by investors Johan Tjärnberg (founder of Bambora) and David Hedman (Sneakers & Stuff, WESC) Founded in 2019, Norban, is the brainchild of Adrian Miller and Per Hedenmark, and aims to challenge the […]

Tink, the Stockholm-based open banking startup, acquires British fintech OpenWrks

Open banking platform Tink is continuing its expansion across Europe with the acquisition of the aggregation platform of OpenWrks, a leading UK-based provider of open banking applications. This move comes after Tinks also acquired, in March 2020, Madrid-based Eurobits, a leading provider of account aggregation services. Tink, founded in 2012, enables banks, fintechs and startups […]