Insights

The ecosystem just got a new home

We have been building the Nordic hardtech community since 2024, and we keep doing exactly that: connecting the people who build, fund and enable Nordic hardtech, and sharing what happens across the scene.

To serve that better we have now launched a new platform, a new home for the community: a curated directory of 959 companies and 154 investors, open raises, events, 25 jobs and the podcast. We keep building the community and sharing about it, just with a proper home for it now.

New: ask the whole directory a question in plain language and get real companies, investors, jobs, raises and events bac

WHAT YOU CAN DO TODAY

The map answers plain language questions. Try it: "Who invests in hardware startups in Finland?" · "Which Nordic hardtech companies are raising right now?" · "Robotics companies in Norway" · "Who does contract manufacturing in Denmark?". You can also explore the funding map of 154 investors, browse 959 companies, and add anything missing.

THE NORDICS

Alva Industries raises €16 million for lighter electric motors
Trondheim-based deeptech company Alva Industries closed a €16 million round to bring its lightweight electric motor technology to market. Via ArcticStartup

EU compliance costs push iLabs to drop direct sales
Swedish electronics maker iLabs is closing its direct sales channel, citing the rising cost of EU regulatory compliance. Via Elektroniktidningen

Minesto's Dragon 4 hits record output after PTO upgrade
Minesto's Dragon 4 tidal stream generator reached record power output in Vestmannasund, Faroe Islands, after an upgrade to its power take-off system. Via Evertiq

SeeTrue Technologies raises €2.2 million for eye-tracking hardware
Joensuu-based SeeTrue Technologies closed a €2.2 million round to commercialize ultra-low-power eye-tracking hardware for smart glasses. Via EU-Startups

Hydromars files for bankruptcy
Hydromars, backed by nearly 2,000 shareholders to build water systems for Mars colonization, has filed for bankruptcy. Via Di Digital

THE WORLD

Unitree lists in Shanghai at a $9 billion valuation
Humanoid robot maker Unitree priced its Shanghai STAR Market IPO at a $9 billion valuation, raising about $904 million after shipping roughly 5,500 robots in 2025. Via CNBC

Starship's 13th flight deploys the first V3 Starlinks
SpaceX flew Super Heavy and Starship on a test that deployed 20 next-generation Starlink V3 satellites, with the upper stage reaching an intact splashdown. Via Spaceflight Now

Etched raises $300 million for AI inference chips
AI-chip startup Etched closed a $300 million Series C led by Sequoia at a $10.3 billion valuation for its purpose-built inference hardware, a dedicated prefill chip plus a cluster-scale memory system. Via TechCrunch

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