Nordic hardtech keeps shipping while the world argues about datacenters. Robert Falck, the founder of Einride, is starting a new fund to back hardtech companies, Kitron just opened a 7,500 square metre factory in Norway, and Innokas will build Ukrainian designed drones in Finland with Airlogix.
ON THE PLATFORM
On nordichardtech.com you can browse 174 investors on the funding map and 1091 companies in the ecosystem directory. There are 33 open jobs listed right now, plus 7 upcoming events worth putting in your calendar.
THE NORDICS
Einride founder launches a hardtech investment fund
Robert Falck, who built autonomous vehicle logistics company Einride, is starting a new fund to back hardtech companies. Via Breakit
Kitron opens a 7,500 square metre factory in Norway
Contract manufacturer Kitron has inaugurated a new production facility near Arendal, adding significant manufacturing capacity in Norway. Via Evertiq
Innokas and Airlogix to build Ukrainian drones in Finland
Finnish contract manufacturer Innokas has signed a memorandum of understanding with Ukraine's Airlogix to produce Ukrainian designed unmanned aircraft systems in Finland. Via Evertiq
Teksic clears a milestone for silicon carbide transistors
Swedish semiconductor maker Teksic has passed a key production milestone, readying its silicon carbide material for high electron mobility transistor manufacturing. Via Elektroniktidningen
Unibap puts AI compute directly on the satellite
Swedish space company Unibap has launched a new space grade computer that runs AI analysis onboard satellites instead of sending raw data to ground stations. Via Elektroniktidningen
A Boston Dynamics veteran brings humanoid robots to Danish supermarkets
Jakob Welner spent years refining the movements of Boston Dynamics' Atlas robot. Now based in Hillerod, he is training Chinese made humanoid robots to work in Danish supermarkets and factories. Via Ingeniøren
THE WORLD
SpaceX plans a USD 100 billion Starship launch site in Louisiana
SpaceX is planning a new Starship launch facility on Louisiana's south coast, estimated to cost USD 100 billion. Via Dagens industri
SoftBank puts USD 200 million into Swiss robotics startup Gravis Robotics
SoftBank has invested USD 200 million in Gravis Robotics' Series A, one of the largest rounds yet for a European robotics company. Via Tech.eu
Certain Energy raises EUR 11.6 million for flow battery storage
UK startup Certain Energy closed a EUR 11.6 million Series B to develop manganese flow battery technology for long duration grid storage, as grid instability drives demand. Via EU-Startups
Oura targets a USD 16 billion IPO in September
The Finnish founded health ring maker Oura is reportedly preparing to go public, targeting a valuation above USD 16 billion. Via TechCrunch hardware