<ul data-eligibleForWebStory="true">Stockholm-based Techarena has secured a €1 million investment from VC firm Backingminds to expand their international footprint.Techarena, founded in 2014, is a Nordic platform for innovation and entrepreneurship gathering thousands of Founders, investors, and leaders annually.The platform hosts events, accelerator programs, and media channels to foster cross-border collaboration and growth.Techarena connects startups and scaleups from over 120 countries through flagship formats like Techarena Challenge and TOP46.Their revenue has reportedly grown by 600% over the past three years, with over 18,000 participants in events and programs in the last year.BackingMinds foresees Europe's business events market to be worth €108.1 billion by 2030.Techarena plans to expand its events and programs to boost Europe's innovation resilience amidst technological and geopolitical changes.