Welcome to Swedish Tech Weekly issue #101.
Bringing you the latest from Sweden's tech and startup industry.
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News from Swedish startups and the tech sector
- Embracer (Karlstad, game company): SEK7.6B (€750M, $900M) through a directed share issue (English).
- Matsmart (Stockholm, online seller of surplus production and overstocks): SEK350M (€35M, $41M) in a funding round led by SEB Private Equity and Gullspång Re:food Invest (Swedish, machine translation).
- Charge Amps (Stockholm, manufacturer of smart charging solutions for electric vehicles): SEK150M (€15M, $17.5M) in a financing round led by Swedbank Robur (English, Swedish / DI Digital paywall).
- Albert (Gothenburg, digital learning subscription service for kids and teens): SEK66M (€6.5M, $7.7M) from new and existing investors (English, Swedish / Breakit paywall).
- Bright (Stockholm, operator of a digital platform for the energy sector): SEK31M (€3M, $3.6M) from Utvecklingskluster Energi and Montel (English, Swedish / Breakit paywall).
- We Don't Have Time (Stockholm, social network for climate action): SEK27.8M (€2.7M, $3.3M) from angel investors (English, Swedish).
- Boneprox (Gothenburg, SaaS digital specialist clinic for dental care professionals): SEK10.5M (€1M, $1.2M) from Biogaia and existing investor Backing Minds (English, Swedish).
- Klingit (Stockholm, SaaS platform for on-demand designs): SEK8M (€800K, $930K) in a funding round led by Wit Ventures (Swedish, machine translation).
- Gemme Collective (Stockholm, platform for fashion rentals): SEK4M (€400K, $470K) from angel investors (English, Swedish).
- Kebitz (Stockholm, upcoming app to get personal advice from experts): SEK4M (€400K, $470K) from angel investors (English, Swedish).
- Preactly (Karlstad, SaaS workplace coaching solution): SEK1.5M (€150K, $175K) from Almi Invest and angel investors (English, Swedish).
- Swedish VC firm Creandum led a $12M Series A funding round raised by Hungarian fraud prevention platform Seon (English).
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- Globhe, Stockholm-based drone data platform, has signed what according to founder Helena Samsioe probably is the biggest contract ever within drone services, with an undisclosed telecom giant (Swedish, machine translation).
- Stockeld Dreamery is the new name of Stockholm-based foodtech startup Noquo Foods, which readies to launch its plant-based cheese (English).
- Swedish battery manufacturer Northvolt received a $14B order from VW (English).
- Anyfin, Stockholm-based fintech focused on consolidation of consumer loans, is expanding to Germany (Swedish, machine translation).
- Interview with Paula Dozsa, co-founder of imagiLabs, the Stockholm-based startup that wants to bring teen girls to programming (English).
- Matilda Andersson has been named "IT girl of the year 2021" by Microsoft Sweden (Swedish, machine translation).
- The Norrsken Foundation is reportedly closing on an impact venture fund at €125M ($149M) (English).
- Spotify co-founder Martin Lorentzon is placing some of his estimated $6.1B fortune into a new investment firm that plans to unearth publicly listed Swedish companies overlooked by equity analysts (English, Swedish).
- 3 veterans from Truecaller and Spotify, Kim Fai Kok, Nick Dahl och Zakaria Hersi, have launched the angel investor collective Framtid (English, Swedish).
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Other interesting things
- What is the new EU’s Startup Nations Standard? (English).
- Silicon Valley VC firm Sequoia Capital outlines how founders and CEOs should navigate the second pandemic year and the coming recovery (English).
- The annual World Happiness Report is out: Finland ranks #1 again, followed by Iceland and Denmark. Sweden ranks #6, up 1 position compared to last year (English).
- Zlatan Ibrahimovic will make a comeback for Sweden’s national football team (English).
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