Welcome to Swedish Tech Weekly issue #106.
Bringing you the latest from Sweden's tech and startup industry.
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News from Swedish startups and the tech sector
- Kry (Stockholm, digital healthcare provider): $312M in a Series D round led by CPP Investments and Fidelity Management & Research LLC, with participation from existing investors (English).
- Lexly (Stockholm, provider of online legal services): SEK175M (€17M, $21M) in a funding round led by Industrifonden and Håkan Roos (English, Swedish / DI Digital paywall).
- DanAds (Stockholm, provider of self-service advertising technology): SEK45M (€4.5M, $5.3M) in a funding round led by Wellstreet (English, Swedish).
- SunRoof (Stockholm, custom-engineered solar roofs): €4.5M ($5.3M) in a seed extension round (out of which €2M came in the form of convertible notes) led by Inovo Venture Partners, along with SMOK Ventures (English).
- Sesamy (Stockholm, subscription-free ebook and audio book service): SEK44M (€4.3M, $5.3M) in a seed round from GP Bullhound, Edastra and Peter Dahlberg (English, Swedish).
- Astrid Education (Stockholm, AI-powered English learning solution for kids and teens around the world): $4M from angel investors and existing investors (English, Swedish).
- Bintel (Helsingborg, smart waste management technology): SEK18.5M (€1.8M, $2.2M) from Almi Invest GreenTech, Gramtec Co-Invest, I Love Lund, new angel investors and existing investors (English, Swedish).
- &Repeat (Stockholm, deposit system for collecting disposable food packaging): SEK15M (€1.5M, $1.8M) from Alliance Venture and angel investors (English, Swedish).
- Blipp (Stockholm, transaction platform for private car deals): SEK15M (€1.5M, $1.8M) from NEA Partners and angel investors (English, Swedish).
- Mantle (Stockholm, wellness brand for CBD products): SEK12M (€1.2M, $1.4M) from angel investors (Swedish / SvD paywall, Swedish #2, machine translation).
- Allihoop (Stockholm, co-living as a service): SEK7.5M (€740K, $900K) from PropTech Farm and angel investors (English, Swedish).
- Housecar (Uppsala, sharing platform for motorhomes): SEK5M (€500K, $600K) in a strategic investment from Swiss competitor Mycamper (Swedish, machine translation).
- Boostify (Stockholm, mobile app for families to gamify household chores): SEK3.5M (€350K, $400K) from angel investors (English, Swedish).
This issue of Swedish Tech Weekly has been sent to 687 subscribers. That's 5 more than last issue.
- More than 100 Nordic startups and scaleups to watch in 2021, according to Sifted (English).
- Stockholm currently has the highest number of tech unicorns per capita in the world except for Silicon Valley, according to VC firm Atomico (English).
- Shares of Hemnet, Sweden's largest real estate platform, jumped 50 percent in Stockholm stock market debut (English).
- Netflix is about to open a production hub in Stockholm, which will oversee the production of Netflix films and series in Sweden, Denmark, Norway, Finland and Iceland (English).
- Spotify launches paid podcasts through new Anchor feature (English).
- Greek startup Viva Wallet, which is building banking services aimed at small and medium merchants and is already live in 23 European markets, plans to launch in Sweden (English).
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Other interesting things
- How will Sweden’s new ‘green certificate’ vaccine pass work? (English).
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