View this email in your browser

Happy new year, and welcome to Swedish Tech Weekly issue #140!
Bringing you the latest from Sweden's tech and startup industry.

If this email has been forwarded to you, you can sign up for free at
Mergers & acquisitions
  • Embracer (Karlstad, video game holding company) acquires US-based independent comic book publisher Dark Horse and a couple of other companies (English).
  • Plick (Uppsala, second-hand clothing and accessory app) received an investment from Schibsted, which thereby becomes the majority owner. Financial details about the deal were not disclosed (English, Swedish).
  • Albert (Gothenburg, digital learning subscription service for kids and teens) acquired Stockholm-based company Ampd for SEK10M (€1M, $1.1M). Ampd operates the children's app Jaramba (English, Swedish).
Financing rounds
  • VOI (Stockholm, micromobility provider): $115M in a Series D funding round led by Raine Group and VNV Global (English, Swedish).
  • DanAds (Stockholm, provider of self-service advertising technology): SEK123.5M (€12M, $13.7M) from existing and new angel investors (English, Swedish / DI Digital paywall).
  • Volumental (Stockholm, developer of 3D foot scanning technology): SEK117M (€11.4M $13M) from CNI, Moor, Forward VC, Walerud Ventures, Backstage Invest and Abanico Invest (English, Swedish).
  • TechBuddy (Stockholm, tech support company): SEK42M (€4.2M, $4.6M) from angel investors (Swedish / DI Digital paywall).
  • Bzzt (Gothenburg, provider of environmentally friendly last mile transports in city centers): SEK20M (€2M, $2.2M) from angel investors (Swedish, machine translation).
  • PainDrainer (Lund, developer of upcoming app that lets patients self-manage chronic pain): SEK12.5M (€1.2M, $1.4M) from Almi Invest and angel investors (Swedish, machine translation).
  • (Örebro, booking system for businesses in 18 different industries): SEK11M (€1.1M, $1.2M) from Almi Invest and angel investors (Swedish, machine translation).
  • Meitner (Stockholm, education platform for schools): SEK10M (€1M, $1.1M) from angel investors (Swedish, machine translation).
  • Carswipe (Malmö, marketplace for cars): undisclosed amount from angel investors, among them music producer and DJ Steve Angello (Swedish, machine translation).
This issue of Swedish Tech Weekly has been sent to 1025 subscribers. That's 5 more than last issue. If you enjoy this newsletter, please tell a friend, colleague or business partner about it! Forward this email, recommend on Slack/your team app of choice, or like/retweet this tweet, this tweet or this one. Thank you!

News from Swedish startups and the tech sector

Other interesting things
  • The global members club Soho House reportedly bought a church in Stockholm to open up shop in the Swedish capital (Swedish, machine translation).
  • IKEA raises prices as supply chain woes persist (English).

For any feedback or comments, just hit reply.
Take care and have a great start into 2022!


Email Marketing Powered by Mailchimp