Denmark
LuggageHero has raised 2.5MDKK
Vitamin startup Take Daily has raised 1MDKK from Capnova
Robotics startup Intelligent Marking has raised an undisclosed amount
NAPP has raised an undisclosed amount of capital
Finland
Iceland
Crowberry Capital and what it means for the Icelandic Ecosystem
Indy studio Tasty Rook just released its first title: Triple Agent
Norway
Kahoot! have closed a further $10 million bringing their Series A to $20 million
VR startup Vizda has raised 1MNOK in private investment
The project DoMore! aims to achieve better and faster diagnosis and prognosis of cancer with technology solutions
Sweden
Smartster has raised 6.3MSEK
Taskrunner has raised 2MSEK
Prince Carl Philip has invested 1MSEK into an undisclosed VR startup
eValent has a new majority owner
Bambora was acquired for $1.7 Billion
Schibsted sells its stake in Hitta.seVirtusize were on the brink of bankruptcy, now they are ‘big in Japan’
More existing shares in Klarna change hands
Springworks has expanded into the Danish market
Interesting Reads
The Rising North Fund invests in new startup initiatives
Government report expects Finnish sharing economy to grow 1200% by 2020
The CEO of the new Nokia just resigned, and nobody is sure why
These 7 Malmö startups are shaking up old-school industries out of Minc incubator
Finnish innovators have invented a new material to wrap up the packaging market – no plastic, no harmful chemicals and completely recyclable
Europe’s most entrepreneurial country? It’s not the one you might expect
Helsinki’s Startup Ecosystem: Vibrant, with room for growth
Denmark tops global cleantech competition index 2017
Why I created Auddly
Nokia phones are coming back — and the newest model may have just leaked online
How a small city in Finland turned into a 5G pioneer
Business Showcase: BehavioSec
How Finnish Foodtech spices up your daily meals
Meet the 31-year-old Swede behind Inkbay, the world’s first online booking system for the £38 billion tattoo industry
Here’s the Stockholm tech scene summed up in one clever diagram |
In our final country specific analysis for Q2, we focus on the nation that provides the majority of investment action for the region, not only that but is also one of its most consistent performers.
Before our VC-backed exit analysis tomorrow, first we take a deeper look at the macro technology exits that occurred in the region in Q2, as the last three months witnessed further strong performance to build on Q1’s, with 46 Nordic technology exits totalling a disclosed $1.23 billion in Q2 2017.
As we hinted at yesterday, Q2 2017 was a strong quarter for VC-backed exits, even improving on Q1’s 12, which saw the Nordics equal Germany as the place with the most VC-backed exits in Europe in Q1.
Crowberry Capital is the Nordic’s latest fund. Last week they announced the first closing of their new fund at $38 million (final close at $48 million) with the fund founded by former NSA Ventures veterans Helga Valfells, Hekla Arnardóttir and Jenný Ruth Hrafnsdóttir.