Luxury mobile case brand Golden Concept is pivoting to cut costs through AI-driven efficiency and increased focus on the Chinese market after reporting deep losses.
Liveday, a Helsingborg-based platform for sports and live event commercial operations, secured €270,000 in funding from existing shareholders. The company recently launched integrated inventory management to help sports clubs track stock levels in real time. Funds will accelerate technology development and market expansion.
The British Business Bank committed €58 million to Soho Square Capital’s Fund II, targeting established UK SMBs in growth sectors. The investment aims to address gaps in flexible capital solutions for founder-owned businesses, supporting scaling, technology adoption, and acquisitions without excessive ownership dilution.
Buenavista Equity Partners, a Madrid-based private equity firm, announced that its third buyout fund, Buenavista Buyout Innvierte III, secured €75 million in commitments from Fond-ICO Global. The fund aims to invest in Spanish companies across healthcare, industry, services, and food, with a focus on digitalisation and generative AI. It has already completed two transactions, including investments in Hundred Burgers and Instituto Bernabeu.
Elewit, the technological platform of Redeia, announced a 40 million euro investment over four years to drive innovation and digitalization as part of Redeia’s Strategic Plan 2029. The funds will focus on efficiency and transformation initiatives within the group.
Bliq.ai received regulatory approval in Finland to operate driverless vehicles on public roads, with initial deployments including safety drivers. The company upgrades existing vehicles with autonomous technology and plans to begin testing in Helsinki. Expansion from Tallinn to Helsinki is described as a natural next step for the startup.
Daniel Ek’s company has joined as a new shareholder in Float, a Stockholm-based credit company that has lent over 1 billion SEK to European software companies. Cedric Notz, the founder, describes the investor as a ‘dream investor.’
Fire Point, a Ukrainian defense startup, is advancing a national anti-missile system with European collaboration. The project aims to create a cost-effective, sovereign defense solution amid geopolitical shifts and reduced reliance on U.S. or Chinese systems.
Tandem Health, a Swedish healthtech startup, has secured over 500 million SEK in venture capital from investors like Kinnevik and Northzone. The company’s AI-based healthcare journal tool has seen strong sales, with CEO Lukas Saari emphasizing a long-term growth strategy.
Nordic Angels, founded by Ash Pournouri and Andreas Grapes, has created a business angel network and exclusive membership club, positioning itself to scale toward significant growth.