Top News

1. A big congratulations to the team at TechBBQ who has received funding of 30 million DKK. We are excited to see the growth of Copenhagen’s best startup event! (link)
2. The Minister for Industry, Business, and Financial Affairs, Morten Bødskov, announced that the government is allocating 1.5 billion DKK for an entrepreneurial strategy. (link)
3. Hiring in the Nordics for Q1-Q2 has seen a drop in job postings by 25%. Conversely, number of applications has increased by 70% YoY, resulting in almost 3x more applications per job. (link)
4. Marcus Tempte from Seedrs, on how to best utilize a crowd raise and what is crowd equity. (link)
5. Esben Gadsbøll shares his main takeaways after speaking to founder and CEO Peter Holten Muhlmann, of Trustpilot. (link)
6. Stablecoins will play a pivotal role in the transition to Web3, but the challenges need to be recognized and addressed. Here’s Nordic Blockchain Association’s recap. (link)
7. Ex-Arla founded a new company to compete against the giants. Planet Dairy focuses on climate-friendly alternatives for cheese. (link)
8. Monthio’s growth journey and how they are growing in the Nordics and Northern Europe. (link)
9. Michael J Wiatr, partner at Antler spoke with Bootstrapping about Antler’s growth in the past 5 years, how they work with founders and the current climate. link)
10. NTSA (The Norwegian Tech Startup Association) a political initiative started by Mesh Community, StartupLab, StartupTRD and The Factory was launched at Arendalsuka. (link)

Latest on Funding

😄 Embla, a digital weight management clinic, raised 75 million DKK from existing investors Icelandic Crowberry capital and dutch fund Venturefriends. Seed Capital joins as well. (link) (linkedin)

⛵️ byFounders led a $3.5 million oversubscribed seed round for US-based Jellatech, with participation from Milano Investment Partners, Joyful VC, Siddhi Capital, Blustein, and others.(link)

☀️ DREM, creating heat pumps, raised €2 million from Peak. byFounders and Tibber’s co-founder and CEO are amongst those involved. (link)

✈️ Goodwings, climate-focused SaaS travel platform, raised $1.5 million from Global Cleantech Capital (GCC), JTB USA and existing investors. (link)

💻 Norwegian Viking Venture becomes largest shareholder with 9% in Danish SaaS company Penneo, a digital signing, workflow and compliance solution. (link)

🥘 Danish Shopbox acquires QuickOrder and Weorder, the digital ordering and POS solutions for restaurants. (link)

Latest on Talent

✉️ TechBBQ’s Tech Talent Track is open to applications for both talent and startups looking for great new talent! Apply here. (link)

🤝 Chief Risk Officer at Lunar will join EIFO (link)

🌿Green Startup Cup is open for applications (link)