Although the funding activity in the Nordics quietened down in July due to the infamous Nordic summer break, it appears that somebody forgot to tell Sweden...
And mainly due to their strong performance, July still saw 20 investments, totalling approximately $155M.
Renewable energy startup CRI gets a $45.5M investment from Chinese automobile giant Geely Holding Group.
Fashion e-retailer Boozt raises €26 million.
Tictail raises a $22B Series B.
Fishbrain picks up an $8 million Series A.
Your.MD scores $5M for its AI-driven health assistant.
Future Home raised $1.2 million for their user-friendly smart homes.
Spotscale raises $1 million to further deploy drones to map buildings in 3D.
Trade Venue raises a $475,000 Angel investment. (In Swedish)
Construction startup 'Fieldly' receives investment from a business angel.
Budbee, a freight startup raises an undisclosed amount of funding (In Swedish)
Acquisitions and Exits
Wireless Logic has acquired SimService, the leading M2M solutions provider in Denmark.
Bonnier acquire Odla.nu. (In Swedish)
Arctic Marketing is acquired by Sweden's Catena Media for $1.15M (In Swedish)
Banqsoft AS, a Norwegian fintech software developer is bought by Danish KMD. (In Norwegian)
Herkules purchases 30% of online grocery giant Linas (In Swedish)
Soonr (Danish roots) is acquired by Autotask.
Truecaller look set to raise $100M at a $1B valuation.
Mobile maker Jolla splits in two, with Sailfish OS Its first order of business.
Malmö's Wheelys accepted into Y Combinator.
500 Startups confirm they'll ultimately set up an accelerator in the Nordics.
Index Ventures are looking to hire associates with knowledge of the Nordics.
Medallia (US company with Norwegian roots) raised $150M led by Sequoia.
Spotify raised the biggest round in Europe in the first half of 2015.
If you really want to keep on top of what's happening in The Nordic startup scene, then sign up to our weekly newsletter where we curate all of the need-to-knows news from the region.