Gridly, Helsingborg based innovative content operations platform, has announced the successful closure of a € 2.4 Million (SEK 28 Million) seed investment round. This funding will support the advancement of Gridly’s cloud-based platform, which is designed to streamline the management and control of digital content amid the burgeoning complexity brought about by artificial intelligence technologies. Founded in 2022 by former game developers and serial entrepreneurs Christoffer Nilsson and Mattias Wennerholm, Gridly aims to revolutionize how digital content is handled. The platform addresses the ..read more

In a significant boost to the fintech sector in the Nordic and Baltic regions, Tenity, a leading global innovation ecosystem and early-stage investor, in partnership with Copenhagen Fintech, has launched the “New Nordic Challengers” program. This initiative is aimed to help early-stage fintech companies into the global marketplace, offering them growth and innovation opportunities within the financial services sector. Empowering the Next Wave of Fintech Innovation By providing startups with pre-seed capital, access to a scalable platform, and a network of financial and technological resources ..read more

In an ambitious move to address a global health concern affecting up to 25% of the population, Lund based startup Ironic Biotech has announced the successful closure of a €1M pre-seed funding round. The investment, led by Nordic Foodtech VC, will propel the company’s mission to provide a scalable solution to iron deficiency and anemia, a condition predominantly impacting women worldwide. Ironic Biotech’s breakthrough involves the development of a new generation of plant-derived proteins that contain heme iron, known for its high bioavailability and lack of side effects. Produced through precis ..read more

Gaia Biomaterials, a pioneering company in the field of sustainable materials, has successfully raised €4.6 million, signaling a significant step towards global sustainability in materials use. The rights issue saw contributions from the Swedish state-owned venture capital fund Almi Invest Greentech, alongside a mix of private international and domestic investors. This infusion of funds is earmarked for an ambitious expansion plan aimed at increasing market penetration in the United States, India, and other key markets. At the heart of Gaia Biomaterials’ innovation is Biodolomer, a home-compos ..read more

In an ambitious move to fortify the entrepreneurial spirit amidst a challenging global climate, Skåne Ventures has been introduced by the Skåne based incubators Minc, Ideon Science Park, Hetch, and Krinova. This collaboration marks the emergence of one of Sweden’s most significant investment structures dedicated to early-stage startups. Skåne Ventures starts with € 3 million (33.6 million SEK) in its initial fund. This fund is earmarked for investments in promising startups over the next two and a half years. “The last three years have been a crucible for entrepreneurs whose access to capital ..read more

Swedish Tech News reported that Sib Solutions, an AI video analytics platform designed for the logistics sector, has successfully closed a € 1.3 Million (SEK 15 Million) funding round from existing investors, including Scania Growth Capital II. This latest investment comes as a continuation of the company’s financial growth strategy, following a substantial SEK50M fundraising effort in December 2022. Despite maintaining a pre-money valuation of SEK244M, identical to its valuation after the 2022 raise, Sib Solutions demonstrates a steadfast commitment to advancing its technological capabilities ..read more

Parlametric has carved out a prominent position for itself within the tech industry, thanks to its advanced services in language analysis. Founded in 2017 in Lund, Parlametric stands out as an Analysis-as-a-Service company leveraging AI technology and proprietary software to transform qualitative data sources into understandable statistics. The company has developed specialized products for customer interaction analyses and market research, aimed at optimizing businesses’ case management through comprehensive data analysis across various channels, including customer service, sales departments ..read more

Contentor, a startup with a past in the Nordic e-commerce field, has announces the launch of its Content-as-a-Service (CaaS) model. This new service is tailored to meet the growing demand for AI and tailored content in an increasingly globalized market. The CaaS solution by Contentor is the culmination of extensive research and development efforts aimed at providing businesses of all sizes with a flexible and cost-effective strategy for managing their content needs. With an emphasis on AI-driven texts and machine translations (MT), Contentor’s new pricing model enables businesses to effortless ..read more

The Novo Nordisk Foundation in collaboration with Export & Investment Fund of Denmark (EIFO) are anchor investors in a new Danish Centre for AI Innovation (DCAI) – an AI based super computing facility based on state-of-the-art NVIDIA technology. Researchers from Denmark’s public and private sectors will be able to gain access to a state-of-the-art NVIDIA AI supercomputer optimised for large-scale projects using AI, as well as world-leading NVIDIA software platforms, training, and expertise. “Groundbreaking scientific discoveries are based on data, and AI has now provided us with an unprec ..read more

It has been announced: Tickets for the next CPH Town Hall are now available! Get them here: Eventbrite. Wednesday 17th April from 5pm hundreds of tech founders, investors, and company builders from the tech startup community will come together under one roof for an evening of good drinks, good people and good energy. The event will this time be in the Crown Princess Mary Center, hosted in their beautiful home near the Botanical Gardens. More details about speakers and participants will be announced later, but sign up already today to get a feeling for the entire startup community! The post Tim ..read more