Skip to main content

Denmark #23: Podimo secured €44 million, Heartcore Capital launched a new fund & entrepreneurs comment on the new EU AI Regulation.

By 21 December 2023February 12th, 2024No Comments3 min read

Top News

  1. The last CPH Townhall of the year took place with speakers Julie Koch Fahler, Jennifer Montague, Stine Mølgaard Sørensen, Dennis Green-Lieber, Nico Blier-Silvestri and Mia Grosen sharing their insights on growing tech companies. (link)
  2. Danish entrepreneurs share their concerns about the new European AI regulation in Børsen. (link)
  3. Google unveils Gemini, a generative AI model with three different versions: Pro, Ultra and Nano. So far, Pro has been rolling out to Bard. (link)
  4. Heartcore Capital launched a dedicated Web3 fund and announced its closed €15 million. (link)
  5. Schibsted has made a non-binding agreement to spin off its media department, potentially selling it to shareholder Tinius Trust, while retaining its marketplaces. (link)
  6. Interview with Maria Heickendorff from Den Sociale Kapitalfond on how they follow up on the social impact that is created. (link)
  7. Pride Capital joins with RUBICON, an Austrian company to help them expand beyond Austria and Switzerland. (link)
  8. Sifted’s list of 13 of Europe’s Female Partners. (link)
  9. The winners of the Nordic Fintech Awards by Copenhagen Fintech have been announced. Congratulations to the winners! (link)
  10. Entrepreneurial network Startup Central has been acquired by Media Group Denmark. (link)

Latest on Funding

🖥️ Mistral AI, OpenAI’s European rival, raised another €385 million in its second round led by Andreessen-Horowitz joined by LightSpeed Ventures, Salesforce and Motier Ventures. (link)

🇫🇮 Kvanted, an early-stage Finnish VC, closed its first industrial tech fund of €70 million. (link)

🌱 Rockstart launched its second AgriFood fund aiming to close at €50 million. The fund is backed by EIFO, De Hoge Dennen and Danish Agro, amongst new and existing investors (link)

🎙️ Podimo, a subscription service for podcasts, raised €44 million from EIFO, HighlandX and Augustinus Fabrikker. (link)

🔬 Hoba Therapeutics, biotech specialized in proteins for chronic neuropathic pains and hearing loss, raised €23 million Series A led by Indaco Venture Partners and Medical Incubator Japan alongside existing investors and The European Innovation Council Fund. (link)

🌊 Blue World Technologies, fuel cell solutions for the maritime industry, raised €11 million pre-C-round from Maersk Growth, EIFO, Cycle Group and others. (link)

🧠 Proemial, an open platform for research papers, raised €2 million, led by People Ventures and Dreamcraft Ventures, along with angel investors. (link)

🇸🇪 Dreamcraft Ventures co-led with 42CAP an investment in Swedish Inceptron, a startup using AI to help efficiency and performance in the cloud, which secured a total of €2 million in pre-seed funding. (link)

🖥️ Schibsted invests 7.3 million SEK in Demando, a Swedish recruitment platform, contributing to total fundraising of 10.3 million SEK along with Swedish owners and existing angel investors. (link)

🔎 Miiskin, a healthtech platform for dermatologists, raised 2.6 million DKK from existing and new investors. (link)

🎨 Adobe and Figma mutually terminated the merger agreement due to regulations in the EU and UK. (link)

🚀 acquired Leadspin to extend their offerings in webshop solutions and increase sales. (link)

Latest on Talent

🌈 Startup Aarhus is gearing up for their Diversity Week 2024 (link)

Sign up and receive the newsletter directly in your inbox ✉️

Join the Mesh Community