Top News
- 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)
- Danish entrepreneurs share their concerns about the new European AI regulation in Børsen. (link)
- 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)
- Heartcore Capital launched a dedicated Web3 fund and announced its closed €15 million. (link)
- 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)
- Interview with Maria Heickendorff from Den Sociale Kapitalfond on how they follow up on the social impact that is created. (link)
- Pride Capital joins with RUBICON, an Austrian company to help them expand beyond Austria and Switzerland. (link)
- Sifted’s list of 13 of Europe’s Female Partners. (link)
- The winners of the Nordic Fintech Awards by Copenhagen Fintech have been announced. Congratulations to the winners! (link)
- 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)
🚀 Mxney.io 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)
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