Investments, Acquisitions, and Top Stories for Nordic Startups from April.

The first month of Q2 saw 11 Nordic startups raise investment, and 8 secure an exit. April also saw Nokia in the news for wheeling and dealing, and excitement building around big new events in the region in Slush Play and Startup Extreme.


Hostel and backpacking app Comundu receives funding from hotel magnate.

Conferize, planday and 17 others receive funding from Market Development Fund.

MeeDoc raises €3,5M for ‘Redefining the Telemedicine Market’.

VR startup Solfar Studios raise $500K. (In Icelandic)

Unacast scores $1.6M to become the main tracker of every store you visit.

Flo announces investment ahead of launch.

Vaavud raise €940K to crowd source weather.

Onbone to expand through 10 million euro investment.

Asqella rakes in 1.8 mln euros.

Mental well-being startup Heimo received new investment.

The Future Group comes out of stealth and announces it’s raised $8.5M to date.

Acquisitions and Exits

Car -sharing service MinBilDinBil has been acquired by Dutch competitor Snappcar.

Synopsys acquires Oulu’s Codenomicon.

Swedish eye-tracking technology company Tobii goes public at $2.9 per share, valuing it at $244 million.

IVISYS rang the bell on Monday as they went public on NASDAQ First North. (In Danish)

Danish video technology developer Octoshape was sold to Akamai Technologies (In Finnish)

Windar Photonics admitted to trading on AIM.

SenionLab’s Indoor Positioning systems raise $1.8M.

Headphone startup Sudio raise $175K for International expansion. (In Swedish)

Top Stories

Nokia releases official statement denying reports it will return to mobile handsets.

Slush Play: Iceland ideal melting pot for producing VR worlds ‘more meaningful than reality’.

Startup Extreme hits Norway this Midsummer.

Invesdor picks up MiFD License with free reign to expand across Europe.

Nokia’s maps unit draws further bidders-Manager Magazin.

Startup Denmark to provide two year entrepreneur visa’s.

Nokia bets $16.6 Billion in Alcatel Deal creating network leader.

Sweden gets its first e-commerce focused incubator (In Swedish)

Infinera makes recommended SEK 3B bid for Sweden’s Transmode.

Canon won’t raise Axis offer yet, won’t back out either.

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Neil S W Murray founded The Nordic Web in 2014 in order to provide the Nordics with the quality coverage it deserves. As well as being Founding Editor of The Nordic Web, Neil is also an active community builder in the region, participating in a number of initiatives, and has previously worked for