Category: Copenhagen

Iceland’s Crowberry Capital launches $90M seed and early-stage fund aimed at Nordics

Crowberry Capital, operating in Reykjavik and Copenhagen, has launched Crowberry II: a $90 million seed and early-stage fund aimed at startups in the Nordic region. A second close — bringing in an additional $40 million — is planned for July 2022. The EIF (European Investment Fund) is the lead LP…

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Expenses startup Pleo preps $100M Series C funding, launches new bill payments service

Late-stage Fintech startup Pleo, which offers expense management tools and ‘smart’ company Mastercards, says it plans to raise a Series C round of funding this summer. It’s also launching a B2B bill payments service this week. Co-founder and CEO Jeppe Rindom told me via a call: “We have money until…

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Nordetect’s system to monitor soil and water for indoor agriculture raises seed funding

As indoor farming expands, a number of new companies are cropping up to provide better data and monitoring tools for the businesses aimed at improving efficiencies and quality of indoor crops.  One of these companies, the Copenhagen-based Nordetect, is entering the U.S. market with around $1.5 million in funding from…

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6 Copenhagen investors share their outlook on investing in 2021

While Denmark and Copenhagen don’t often come up as a destination for European startups, it has a thriving local tech scene that’s home to some of the better startup conferences. After all, who doesn’t want to visit Copenhagen? A highly educated population, great universities, excellent healthcare and great transport links…

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Labster’s latest partnership, and what it tells us about the future of remote learning

Labster, a virtual science lab edtech company, today announced that it is partnering with California’s community college network to bring its software to 2.1 million students. California Community Colleges claims to be the largest system of higher education in the country. The Labster partnership will provide 115 schools with 130…

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Tradeshift cuts headcount by three figures in effort to turn towards profitability

Last month, Tradeshift, a platform for supply chain payments that has achieved unicorn status in recent years, had some good news and some bad news. It announced a Series F funding round of $240 million in equity and debt, raised from a combination of existing and new investors. It’s now…

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