Welcome to another edition of The Nordic Web Weekly, where we bring you the latest from The Nordic Web as well as curating all the need-to-know news from The Nordic Startup scene.Curated and written by @neilswmurray
This Week on The Nordic Web
We always expected July and August to be slow, however after an improving May and June we had high hopes for a summer that may be more active than usual.We couldn’t have been more wrong. With just 10 days remaining in the month, we are currently on course for the slowest month for investments for well over two years, with just 20 investments announced in August thus far.
Denmark has been shouting about being a FinTech hub for some time now, even when there was little happening. However, the power of a self-fulfilling prophecy can be powerful in the world of tech startups, and the walking has now caught up with the talking.Let’s take a look at how the Danish FinTech scene has evolved over the last few years in terms of attracting investment.
The summer recess is officially over, most people are now back in the office and judging by Monday’s post, this can’t come soon enough.However, even though the action has been slow, there has certainly been some interesting investments, exits and stories that have been announced.
To help you catch up on the last six weeks of action, we’ve compiled a list of the ten stories from the Nordic summer that we consider worth you catching up on.
Kuuhuub (a public company) raised $20 million from a group of institutional investors, strategic partners and family officesICEYE, a microsatellite radar imaging startup raises $13M to launch new constellation
IndoorAtlas closes Series B investment round – strategic investment from Yahoo! Japan