Top News
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- Nordic Top-tier VCs and investors will discuss the state of Nordic funding during a breakfast event on Day 1 of TechBBQ. (link)
- Alliance VC welcomes a new partner, Stine Mølgaard Sørensen, entrepreneur and angel investor who was co-founder and COO of the health-tech startup Radiobotics. (link)
- StartupLab buys into 6AM in Trondheim, owning a total of 13% to help strengthen the Trondheim ecosystem. (link)
- Marketer is expanding in the EU through acquisitions, starting with the Netherlands where they apparently now have a 50% share of the second-hand housing market. (link)
- Spot the red flags 🚩 Evelina Anttila, MP at Wellstreet shares tips for term sheets. (link)
- 6AM is at the forefront of addressing mental health by providing free and subsidized therapy sessions through Mepo for both founders and employees. (link)
- Daniel Furset, Secretary General at Fintech Norway and Christine Spersrud Haug, Industry Leader at Virke Finans call for better regulations for the fintech industry. (link)
- The sustainability reporting market has grown and is expected to drive greener business operations, as seen with Celsia in this interview with Bootstrapping.dk. (link)
- Curipod has been named as one of the top 25 ed-tech companies by VCs in Business Insider. (link)
- Arne Tonning (Alliance VC) dives deep into data and shares his take on venture capital funds (link)
Latest on Funding
💰 Antler raised €50 million from Export & Investment fund Denmark, Investinor, Ferd, Nysnø and Formue for their second Nordic fund focused on Norway, Sweden, Denmark and Finland. (link)
💳 Froda, the Swedish fintech that has been expanding in Norway, raised 90 million SEK at a valuation of NOK 1.7 billion. (link)
💸 Sintef TTO & Venture raised 300 million NOK from KLP, Gjensidigestiftelsen, Sparebankstiftelsen DnB, SpareBank 1 SMN, Reitan Kapital, Koteng Holding and Investinor. (link)
💰 The Danish Unconventional Ventures, who invested in Fjong, announced the second close of its fund at €30 million, welcoming new LPs. (link)
🚀 Strise, the anti-money laundering platform, raised $10.8 million Series A, led by Atomico and joined by Curiosity, Maki.vc and Sondo Capital. (link)
🇪🇺 Trondheim-based Secure Practice has received a project worth €2.5 million from the EU’s Digital Europe program. Their challenge is to solve challenges with cybercrime. (link)
🕶️ Simli, the AI/VR startup helping with social anxiety, raised 17 million NOK from existing and new investors along with a grant from Innovation Norway. (link)
🤝 Celerway Communication, the multi WAN platform, raised 15 million NOK from Wiski Capital, Ivar Arnesen and Petter Fornæss, Sportradar founders. (link)
🔥 Cubit, the SaaS company, raised 11 million NOK from Wiski Capital , Semundseth Holding, Ivar Arnesen, Fornæss and Byggteknisk Drift (link)
😄 Nuiton raises 10 million NOK from Vopy, A Swedish investor, who has gone into agreement with Nuiton to help financial investments in Asian and African developing countries. (link)
🌟 Favrit, the ordering app with QR codes, raised 5.2 million NOK in a new round from different investors. The round is expected to be completed in September (link)
💻 SentiSystems, real-time data processing, raised 5 million NOK from two new investors and existing owners. (link)
Latest on Talent
🌎 Looking for a new hire? The Hub has got your covered. Sign up here and post your job today. (link)
🏆 The Danish Scaleup Leadership Awards will launch its finalists on Day 2 of TechBBQ. (link)
👩💻 Our friends at Maria 01 are looking for a new CEO (link)
🐕 Espen Egil Hansen becomes chairman of Labrador CMS (link)
🌟 John Torvik is the new MD at Industry Capital Partners Ventures (link)
✨The startup studio Railway is focusing on one product and relaunching it as ‘Tings’. (link)