Denmark
Danish-founded game engine maker Unity raises $400 million in private equity from Silver Lake
Mobaro has raised 20MDKK
Aarhus-based Sleeknote has taken in 7.5MDKK
Omnio wins 0.5MDKK investment at SEED Discovery Day
North-East Venture has acquired Bownty, Europe’s largest aggregator of deals and experiences
Queue-IT is expanding to the U.S
Finland
Norway
Documaster has raised 100MNOK from Summa Equity
Serious Games looks to be a promising company coming out of Trondheim
Sweden
Lendify has taken in 200MSEK from institutional investors
Frontier raised 190MSEK at the end of last year, now announced
AI startup Peltarion has raised 30MSEK from EQT Ventures
Ivbar has raised €5 million to improve health care outcomes
Mr.Shoebox has raised further investment
Games studio Bublar has sights set on the stock exchange
Interesting Reads
Two former Nokia engineers did what Google and Apple wouldn’t – now Realm runs on 1.5 billion mobile devices
Sweden just became the world’s first country to be listed on Airbnb – stay anywhere for free
Zalando is adding hundreds of jobs in Stockholm — and launching a ‘next level’ Instant Return service
You’ll soon be able to control IKEA’s smart lightbulbs with an Amazon Alexa or Google Home
Rovio aims to release Angry Birds movie sequel in 2019
Apple and Nokia see deeper partnership after ending patent dispute
The iZettle story with cofounder Magnus Nilsson
Co-founding Opera
Who will Spotify acquire next?
The story of Volvo’s incredible transformation into a true luxury brand
How Unity convinced investors it’s worth $2.6 billion
Why Europe is your first and most important international stop on the way to an IPO |
2017 is closing in on $1 billion raised, with $875 million invested already in Nordic startups so far this year.At only five months into 2017 this certainly appears healthy, however when you consider that $2.7 billion in total was invested in the whole of 2016, how is this year faring when you compare to how quickly previous years reached the $1 billion mark?
We’ve already seen signs that Nordic startups are beginning to mature and are able to raise further capital, with more $10 million+ rounds than we’ve previously seen at this stage of the year.Today, we can reveal another promising sign, 58% of the investments that have been made in the region so far this year have been follow-on investments.
The morning started yesterday with news that Unity Technologies, a Danish founded company had raised a further $400 million at a $2.6 billion valuation (1) in addition to the $181 million they raised less than 12 months ago.The usual celebratory reactions followed, however, if you delved a little further into the details, there was something extremely tangible to be positive about beyond the headline number.