Top News
- Karl-Christian Agerup, CIO at Antler and Board Chair of Schibsted, shared his entrepreneurial and investor journey with Nordic VCs and founders at a Venture Breakfast at GoWest. (link)
- According to Dealroom, Denmark was an exception to the trend in venture capital investment in 2023, experiencing growth instead of a decline. (link)
- Developments are underway in Norway as the Norwegian Association for Startups and Tech (NAST) is soon to be fully established. Early March it will be introduced and shared with the Minister of Trade and Industry. (link)
- Creandum’s report on founder compensation and the key takeaways after surveying early-stage founders across Europe. (link)
- OpenAI released Sora, a GenAI model that can create video from text. (link) Google also released Gemini 1.5. (link)
- Accelerace will have invested in around 65 portfolio companies by the summer of 2024. And they are looking to raise a larger fund. (link)
- PreSeed Ventures addressed the topic of governmental involvement in startups and funding of startups, following a question raised by Sifted in a newsletter. Here’s their response. (link)
- Nikolaj Sørstrup, Country Manager for Gilion, discusses his opinion regarding the strategic value of debt financing in the context of rising interest rates and capital costs. (link)
- Nordic startups may be giving away too much of their equity too soon, making it difficult for international investors to be involved. (link)
- Synergy XR has developed one of the 200 apps available for the Apple Vision Pro. (link)
Latest on Funding
🏡 byFounders’ portfolio company Bob W, an alternative to short-stay apartments and hotels, raised $43 million, led by Evli Growth Partners, with participation from Flashpoint, Mikko Kodisoja and Taavet+Sten. (link)
🚀 Holdbar, less than a year old, raised $3.5 million from Seed Capital, Firstminute Capital, Founderment and angel investors.(link)
😄 Pluto.markets, a neobroker, raised €2.4 million, led by Magnetic Capital joined by angel investors including the founders of Pleo, Zendesk, Sitecore and Synthesia as well as Y Combinator and Nordic Makers. (link)
🧠 Knowledge Gate Group, an AI platform connecting scientific leaders and organizations, raised 6.7 million DKK from EIFO and other investors. (link)
🚢 Portchain raised a $5 million Seed+ round from Angular Ventures, and other investors including MK Ventures and former shipping executives (link)
🏡 Schibsted acquired HomeQ, a Swedish marketplace for first-hand rental apartments. (link)
⚽️ Footballer Mario Götze invests in Flatpay, a card-payment system solution. (link)
Latest on Talent
🌟 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)
🏆 Veo Technologies is amongst the 3 finalists for the Future Unicorn Awards. (link)
💛 Top-tier VC Speedinvest joined Aarhus Diversity Week to share how they operate with DE&I internally and with their investment strategy. (link)
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