Hamburg‑based biotech startup AquaNab raised an early‑stage investment from Nordic Foodtech VC to develop precision nanoantibodies that can be fed to salmon to combat sea lice, aiming to improve fish welfare and reduce industry losses.
Copenhagen‑based startup Palette raised €3 million in a pre‑seed round led by Ugly Duckling Ventures to build a model‑neutral operating system that lets AI‑native teams integrate and switch between different AI models while preserving company context.
Transfer Galaxy, a Swedish fintech startup, changed its strategy to a strict profitability focus, resulting in the distribution of nearly the entire profit from the previous year – roughly 25 million SEK – to shareholders, with rumours that the major owners may be planning an exit. Co‑founder and CEO Yosef Mohamed highlighted how special this achievement feels personally.
After his hedge fund Situational Awareness suffered a historic crash, investor Leopold Aschenbrenner is returning to the market with a new multi‑billion‑krona investment in Swedish chip maker Source Foundry.
Isembard, a UK‑based startup that builds small high‑tech factories using AI‑driven software to produce precision components for space, defence and robotics, announced a $50 million Series A round led by Union Square Ventures. The funding will accelerate its franchise model expansion across Europe and the US, increase factory count, and enhance its MasonOS AI platform.
Quartr, a financial and stock information provider, has secured new funding for its expansion and welcomed a new majority owner, described as a major industry player.
Ellos saw 64 million SEK of its shares traded after its recent IPO, including a 44 million SEK support purchase by Danske Bank, which can no longer buy additional shares.
UK air‑defence startup Cambridge Aerospace announced a fresh fundraising round that lifted its valuation to $3.4 bn, underscoring rapid growth in the European defence‑tech sector.
Oslo‑based startup Visoid, founded in 2023, raised €2.1 million led by Skyfall Ventures to expand its AI‑driven visualisation platform for architects, aiming to grow its team and accelerate product development.
Finnish deep‑tech startup SeeTrue Technologies secured €2.2 million, led by ZEISS Ventures, to bring its ultra‑low‑power eye‑tracking technology to smart glasses, medical optics and industrial markets, and will use the capital to scale its team and international sales.