Stockholm-based Wingbits, a decentralized physical infrastructure (DePIN) startup focused on aviation, has raised €5.3 million ($5.6 million USD) in funding.
Talentium, a Stockholm-based AI-powered hiring platform, has raised €3.5 million in a pre-seed funding round led by EQT Ventures. The round also included contributions from notable angel investors.
Stockholm-based Candela, a pioneer in electric hydrofoil boats and ferries, has raised an additional €13.3 million ($14 million USD) in its Series C funding round. This brings the company’s total funding for 2024 to over $40 million USD.
Uppsala-based startup AirForestry has raised €10.3 million in seed funding to advance its drone-based tree harvesting technology. The round was led by Northzone, with participation from Kiko VC, SEB Greentech VC, and Cloudbreak VC. AirForestry’s innovative approach aims to transform how forests are managed, promoting sustainability, biodiversity, and carbon sequestration.
Schiedam-based Battolyser Systems, a developer of the world’s first electrolyser with integrated battery functionality, has raised €30 million in a Series A funding round.
Stockholm-based startup Wingbits has secured $3.5 million in an oversubscribed seed funding round to expand its blockchain-based flight tracking platform. The round was led by US VC firms Borderless Capital and Tribe Capital, with support from Antler, an early backer of the startup. Wingbits aims to reward flight tracking enthusiasts
