Top News
- A Sponsorship Program has been launched for startups. The aim is to continue supporting events held by startups in the startup ecosystem and bring value to the community. (link)
- Mette Lykke, CEO at Too Good To Go, discusses the importance of impact and sustainability for startups, as well as the challenges concerning tax reform and profitable growth. (link)
- Denmark is the leading hub for healthcare startups and here’s why. (link)
- VCs need to seek new exit strategies amid a downturn in M&A and IPO activities. (link)
- A Venture Breakfast will be held in Gothenburg to kick off GoWest, where startup and investor pioneer Karl-Christian Agerup (CIO at Antler) will share his insights and experiences with a group of founders and investors. (link)
- Top 10 Danish companies to keep an eye on according to EU Startups. (link)
- The first human has received a brain implant from Neuralink, a neurotechnology company founded by Elon Musk. (link)
- Disney unveiled their Holotile, a tile designed for VR. The impressive part is that it supports multiple people moving in different directions. (link)
- Feminvest, the Swedish female network, is launching a new fund “Feminvest Venture” aimed to close at 100 million NOK. (link)
- The EU has launched an AI Innovation package to support European startups. Camilla Ley Valentin, from DI Digital, comments on this. (link)
Latest on Funding
💸 Monta, an EV charging platform, raised €80 million Series B co-led by Energize Capital, GreenPoint Partners and EIFO with participation from Headline, byFounders, Creadum and new investor Quantum Light. (link)
🫀 Neurescue, delivering cardiovascular devices for emergency patients, raised 50 million DKK Series A, led by West Hill Capital. (link)
🐍 VenomAid Diagnostics, medtech focused on snake bites, raised $1.8 million in an extended seed round from angel investors and Good Ventures LLC. (link)
💻 Coana, a cybersecurity startup, raised $1.6 million in a pre-seed round led by Sequoia Capital, with participation from Essence VC and angel investors. (link)
💰 North Ventures started a new fund and raised more than half of the 300 million DKK they aimed for so far. (link)
⚡️ Reel, an electricity company raised €5 million led by Transition with participation from The Footprint Firm, UVC Partners and international entrepreneurs and experts from the energy sector. (link)
💻 Safty, a platform that collects data insights for fintech companies, raised 11.3 million DKK in its first round, led by Upfin and Jacob Dahl from Danske Bank became their chairperson of the board. (link)
💻 WARD 24/7 an AI patient monitoring platform, raised €3.4 million from Innovestor, Sagitta Ventures and EIFO. (link)
💳 Avallone.io, building KYC products and fighting financial crime, extended their seed round with €1.7 million, from PreSeed Ventures, private investors and family offices as well as new investors Peter Reich and Klaus Eldrup-Jørgensen. (link)
🥼 VesperBio, a biotech company, raised $873k from The Michael J Fox Foundation for Parkinson’s Research. (link)
Latest on Talent
🤘 Diversity Week Aarhus is happening next week, initiating conversations on what needs to change and how that change can be made. (link)
🏆 The PropTech scene is bustling! The Nordic PropTech Awards 2024 was recently held with 150 investors, startups, and real estate participants. Here are the winners. (link)