Finnish startup Surgify Medical has raised €1.4 million to bring its safer surgical drill to market. The funding came from Innovestor Ventures, Swedish investor Peter Lindell and Finnish angel investor and healthcare entrepreneur Leena Niemistö, as well as existing backers from previous rounds. Founded in Espoo in 2017, the startup says its device helps prevent […]
Helsinki-based AI startup Stealth Black has raised €1.1 million to continue developing its technology “that negotiates better than a human being.” The funding came from Finnish VC Inventure and Denmark’s byFounders, as well as angel investors Mikko Hyppönen and Ali Omar. Founded this year, the company has trained its AI technology to see routine negotiations, […]
Hello! Here is what happened today in European tech: Deals – Liberis, a London-based company that helps small businesses get the financing they need, has secured £70 million in financing for itself. The mix of equity and debt comes from long term partners British Business Investments, Paragon Bank, BCI Europe, as well as new partner […]
Neobank Revolut is partnering with Belgian insurtech startup Qover to provide an embedded insurance solution to subscribed account holders. The announcement comes just after Revolut shook up its subscription plans, adding in a mid-tier option, ‘Plus’. The new digital insurance option is fully integrated into the banking app, giving users real-time access to three products […]
Alexis, a Stockholm-based SaaS company that offers medium-sized companies people management software, has raised €1.2 million in a seed funding round led by Alliance Venture, paving the way for new hires and further scaling in the Nordics. Since its start in February (just before the pandemic hit European economies), the company has grown 50 percent […]
Nordic e-commerce powerhouse BHG has acquired 97.6% of Scandinavian design e-tailer Nordic Nest, it announced on Sunday (hat tip: Breakit). The deal values Nordic Nest, which was founded in Sweden back in 2002 (under the name Designonline), at approximately €175 million. The sellers of Nordic Nest include Nordstjernan, Philian Invest, Stella Capital, Jörgen Bödmar, its […]
New London-based venture capital firm Sova VC is launching today, with plans to invest over €50 million in early-stage startups. Part of the Sova group of companies, which includes FCA regulated broker Sova Capital, the VC has laid out an initial strategy for backing around 20 companies. Technology wise, the firm has particular focus on […]