Investments, Exits and Top Stories for Nordic Startups from February

It may be the shortest month of the year but there was still plenty of action for us to catch up on. Here’s our curation of the investments, exits and top stories from the Nordic startup scene in February.



Peakon raises $22 million for its people analytics software tools

Online wine marketplace Vivino raises $20 million in Series C funding

Templafy announces $17.2 million Series B led by Insight Venture Partners

NORD.Investments has raised 5MDKK

Startup Guide World has raised 2MDKK

Spiio has taken in investment from byFounders

Yourpay raises a double-digit DKK amount

SalamPlanet has raised investment from Promentum Equity Partners

GoLearn has taken in angel investment


Games studio Small Giant raises $41 million in fresh fundin

TactoTek, Europe’s leader in injection molded structural electronics, secures $23 million to accelerate growth

Zervant raises €6 million for its online invoicing software

Thirdpresence has raised $2.4 million

Blok has raised 1.6 million euros

Hostaway bags 700,000 euros for rental software

Carbo Culture raises €550,000 for its tech that creates biochar from food waste

Cerenion secures EUR 500k from Butterfly Ventures and

Skipperi has raised 2.3MSEK

Gaming studio Haruworks has raised investment

Valpas has taken in investment from


Florealis closes $3.8m funding round led by NSA Ventures


Unacast has raised $17.5 million

Boost AI has raised 40MNOK from Alliance Ventures

FinTech startup BankBridge has raised 17.8MNOK collects NOK 15 million from Gustav Witzøe

Geddit has taken in a further 6MNOK

Ownersroom has raised 5MNOK

Skiwo, a digital interpretation product has raised 2.9MNOK

Instapoll has raised 2MNOK

Aristeia won Angel Challenge and 1MNOK in investment

24SevenFinans has taken in investment as part of a partnership with Collector

Convertelligence has raised investment from Erik Must

Bilagos has taken in investment by selling 33% of the company


Mixmax raises $10.35 million to make email better for businesses

Fintech startup Anyfin raises €4.8 million for loan refinancing app

Recruitment startup Sqore has raised 32MSEK from Northzone

Transfer Galaxy raises a further 30MSEK

Fidesmo has raised 24MSEK more

Virkesbörsen grabs $1.3M from Backing Minds to further develop a digital marketplace for buying and selling wood in Sweden

Horsemeup raises 11MSEK

Stabelo has raised 10MSEK more

Gårdsfisk secures SEK 10M to expand its fish farming capacities

IOT startup Skyresponse has raised 9.2MSEK

Evam System raises €600k for a vehicle-to-vehicle emergency communication system, expects to launch in 2018

Imagimob adds €500k in funding to further grow its real time Edge AI business

Medicheck has raised 4MSEK more

Ingrid (formerly Shipwallet) has raised 2.4MSEK

Picture My Life secures SEK 2M in investment from Add Health Media

Learnster gets investment from Söderberg & Partners for a SAAS platform for education

Nutrient gets funded by KTH for a plant and insect-based food alternative




Happy Helper is set to go public

Merus Audio has been acquired by Infineon

Talent Garden acquired 51 percent of Rainmaking Loft


Gaming studio Tribeflame is acquired by Animoca Brands in a €350k transaction

Pivot5 joins Industryhack to build global community of solvers


Get has acquired a majority stake in Futurehome

Infomedia purchases Opoint Technology from Finnish M-Brain, adds web-crawling technology for its digital products


Vobling acquires its competitor, RayVR, strengthens its AR and VR capabilities

Mathem acquires Fruktbudet on an all-shares deal


Top Stories

Swedish government backs Northvolt battery plant to tune of €15m

Slush has a new CEO and President

Supercell 2017 results: $810 million in profit, $2 billion in revenue — without a new game

The Creators Community has opened Matrikel1 to house creative entrepreneurs

Lifesum has reached 25 million users

StartupDocs has launched in Denmark

Kahoot! has a new CEO

Spotify files to go public

Report: iZettle will go public before the summer

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