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

Despite only three exits, March proves to be our most comprehensive monthly recap yet, due to an influx of funding this month which saw 21 startups raising a total of over $70M.


Admincontrol is acquired by Herkules for $25M. (In Norwegian)

Equatex announces acquisition of Accurate Equity.

Autodesk acquires Reykjavik startup Modio.


Falcon Social raises €15M from Prime Ventures, Northcap and Target Partners.

Realm raises a $20M Series B to bring databases to mobile.

Just-Sold, a platform innovating real estate raised a seed round. (In Danish) raise money from Egmont for their auction platform. (In Danish)

PinMeTo raises money from D-Ax.

More funding for GoMore.

Funding platform CareMaker gets fresh investment and looks at German market (In Danish)

Musopia raises €660,000 with a new music app coming this spring.

Finnish educational development company SCOOL picks up $1 million from SanomaVentures.

Surveypal picks up $1 million investment.

Viva Labs raises €400,000 to expand smart home solution across Europe.

Photography education platform YouPic secures another round of funding. raises investment for all-in-one guide to Danish nightlife. (In Danish)

Sekoia picks up €2.7 Million with tech for elder care

Colego raise $5M from Northcap. (In Danish)

Delogue raise from Nupark Accelerace. (In Danish)

Cylindo raises $1M to create 3D furniture models and expand in the U.S.

Fertility app ‘Clue’ raises again. (In Swedish)

Open-Source database firm MariaDB raises $3.4M from Russia’s Runa Capital.

Zervant raises €1.5 million to make accounting easier for SMES.

Detectify picks up €1.5 million to hack your startup.

Top Stories

Seed Capital makes record-breaking profits.

Zendesk partners with Facebook to power Businesses on Messenger.

Supercell’s 2014 net sales hit €1.545 Billion.

Tobii Technology takes in around $50M in its upcoming IPO. (In Swedish)

Fyndiq scales up to more than €21M in turnover last year.

Just-Eat post impressive results from their first FY post-IPO including revenues up 62% to £157.0 million.

Creandum’s Nordic Exit Analysis 2015.

On April 28-29th Slush PLAY, a new gaming and virtual reality event, will be organized in Reykjavik, Iceland.

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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