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Denmark #14: LMS365 acquires UK Weekly10 for €4.5million, biotech Bactolife secures largest Series A & Scale Capital is ready for new investments.

By 9 August 2023September 8th, 2023No Comments3 min read

Top News

  1. The Nordic Blockchain Conference brings together the web3 network to explore opportunities in web3. Use your member discount: MESHxNBC2023. (link)
  2. Jeppe Rindom shares his experiences with scaling from 2 to 1000 in 7 years, as well as the challenges Pleo has faced. (link)
  3. Jesper Johansen from Northstake talks about the future of institutional crypto staking with Dylan Grabowski (link)
  4. With valuations getting lower, Lars Jensen, founder at Scale Capital, believes founders’ attitudes have changed and they are ready for new investments. (link)
  5. After announcing its first fund of 70 million DKK, the young venture fund Blackwood Ventures has invested in seven companies across five countries. (link)
  6. Women in AI Denmark share an open public database of female experts in AI. Find the open database here. (link)
  7. According to Kapitalwatch, the number of Danish private investors has reached a record high in 2022. (link)
  8. McKinsey interviewed Miro founder Andrey Khusid on product-led growth and the importance of experimentation. Worth a read. (link)
  9. List of EC Pitch Deck teardowns on Tech Crunch (link)
  10. Here is the list of companies pitching at TechBBQ (link)

Latest on Funding

🧠 Musk’s brain chip startup Neuralink raised $280 million after securing its first in-human clinal trial. (link)

💸 Tradeshift, the Danish founded fintech offering e-invoicing and AP automation, raised $70 million, led by HSBC joined by existing investors (link)

🚀 Bactolife, the biotech, raised €30 million in Series A, led by ATHOS, joined by the Bill & Melinda Gates Foundation and existing investors. (link)

📚 LMS365 acquires UK’s Weekly10 for €4.5million to enhance AI powered learning (link)

🔋 Nordic Alpha Partners invest in battery storage innovative startup Stabl Energy, which raised a €15 million round. (link)

📈 Taxhelper, a platform to make it easier to claim refunds from tax authorities seemlessly, raised 5.2 million DKK from investor Rune Mai, Rasmus Jensen and Gustav Thybo. (link)

🥊 Jabbr, the platform helping improving combat skills in sports, raised a €685K seed round from PreSeed Ventures and Accelerace. (link)

😄 Ugly Duckling Ventures invested €500k in Unioo, the compliance tool for financial institutions. (link)

🥗 Foody raised an undisclosed amount from existing investors and an investor from Keystones. (link)

✈️ The air travel data provider, Infare has been acquired by OAG in a deal worth over $500 million, in collaboration with Ventiga Capital. (link)

Latest on Talent

👩‍💻 Looking for a new addition to your team? Post your job on The Hub and get a headhunter to help with your search. (link)

⭐️ Ida Åsle is leaving byFounders and will share her new endeavor in the fall. (link)

🏆  Danish Scaleup Leadership Awards will announce its winner at TechBBQ, read more on the different categories. (link)

🎤 Attending TechBBQ? Get your startup featured in their catalogue here. (link)

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