Verdane Capital closes €295 million fund to back Nordic startups

Swedish investment firm Verdane Capital has closed its new fund at 3 billion SEK (€295 million) to back high-growth Nordic startups. The fund, Verdane Edda, will back startups with up to €50 million per company – usually for a majority stake – that has exhibited potential for significant growth in the software and consumer internet […]

Software sales platform Paddle raises $12.5 million in funding

The UK’s Paddle, a platform for software sales, has raised $12.5 million led by Notion Capital with participation from BGF Ventures, Kindred Capital, and Ukrainian software company MacPaw. Paddle is a platform for aggregating and managing the various stages of software sales such as trials and licenses, payments and taxes, and usage and crash analysis. […]

Norwegian software vendor Evatic acquires Sweden’s WinServ

Norwegian service management software vendor Evatic has acquired Swedish competitor WinServ Software for an undisclosed amount. “[We] believe that the two organisations will be much stronger together when it comes to developing the service management software solutions for the future,” said Pål M. Rødseth, CEO of Evatic. The combined company will have more than 800 […]

GeoQuant raises $4 million to provide political risk analysis to investors

GeoQuant, a data and political science startup based in Israel and New York City, has raised $4 million in seed funding. The investment comes from the Tel-Aviv-based VC firm Aleph, and XL Innovate, based in Silicon Valley. As part of the deal Michael Eisenberg from Aleph VC and Martha Notaras from XL Innovate will join GeoQuant’s board.

French software firm Oodrive raises €65 million to move into new markets

Oodrive, a French software company, has raised €65 million in a new funding round from Tikehau Capital, MI3, and NextStage. Oodrive, based in Paris, provides secure data management services. The new funds will be used to accelerate its growth in its native and European markets as well as further push its international growth. The round […]