Froda, a Stockholm-based embedded finance scaleup, has secured €20 million in Series B funding to accelerate its European expansion and tackle one of the continent’s most persistent economic issues: the €400 billion SME funding gap.
Froda, a Stockholm-based embedded finance scaleup, has secured €20 million in Series B funding to accelerate its European expansion and tackle one of the continent’s most persistent economic issues: the €400 billion SME funding gap.
Swedish cloud infrastructure startup Evroc has raised €50.6 million ($55M) in Series A funding to accelerate its mission of building Europe’s first sovereign hyperscale cloud.
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.
