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Welcome to Swedish Tech Weekly issue #135.
Bringing you the latest from Sweden's tech and startup industry.

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Mergers & acquisitions
  • Fortnox (Växjö, cloud-based finance management platform for smaller businesses and accounting agencies) announced the acquisition of 78% of Capcito, Stockholm-based provider of invoice financing and SME lending solutions, at a total enterprise value of SEK410M (€41M, $46M) (English, Swedish).
     
  • Klarna (Stockholm, payments and shopping provider) acquired US-based coupon and cashback service Piggy, according to German media. Financial terms are not known at this point (English, German).
Financing rounds
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News from Swedish startups and the tech sector
  • DI Digital asks its readers to vote who's Sweden's "most important female founder" (Swedish, machine translation) and "most important female investor" (Swedish, machine translation).
     
  • ClimateView, Stockholm-based startup that helps cities transform climate planning into progress, enters into a strategic collaboration with Microsoft, in which the IT giant will help to promote ClimateView's platform towards cities it works with (English).
     
  • Securifid, founded by Lisa Hasselgren and Jens Björkander, developed a service that allows companies to identify themselves towards customers, aiming to protect customers from fraudsters (Swedish, machine translation).
     
  • Tobii, Stockholm-based eye tracking technology company, releases an iPad case meant to turn the Apple tablet into an all-in-one tool for people with physical impairments (English, Swedish / NyTeknik paywall).
     
  • Klarna has turned over 75 employees into millionaires (English).
     
  • Swedish online grocery pioneer MatHem plans to introduce a 30-minute rapid delivery service, starting in Stockholm's Södermalm district (Swedish, machine translation).
     
  • Stockholm-based Sting was named "world's best startup accelerator/incubator" at the the Global Startup Awards (English).
     
  • 15 metaverse startups to watch (according to investors and founders), including Sweden's Fast Travel Games, Tar Valley, Gleechi, Hiber, Scapin’ and Moralis (English / Sifted paywall).
     
  • After the US got the head start a few months ago, Spotify launches paid podcast subscription in 33 new markets, including Sweden (English, Swedish). Also: Making sense of Spotify’s recent acquisition of Findaway and entrance into the audiobook market (English).
     
  • Microsoft opened a new Azure cloud region in Sweden, powered by 3 data centers that the company claims to run entirely on green energy (English).
     
  • London-based VC firm Balderton closed a new $600M fund and plans to recruit someone in charge of the Swedish market (Swedish / DI Digital paywall).
Other interesting things
  • Applying leanings from music hits to create the perfect pitch deck (English).
     
  • Sweden drops from 2nd to 3rd position in the European Commission’s annual Digital Economy and Society Index (Desi) (English, Swedish).
     
  • Ericsson is redesigning and cutting desk-space in its 400 offices in an attempt to shift half of its workforce to remote working (English).
     
  • The Pirate Bay story will be turned into a TV series (English).
     
  • The event ticket is Sweden's Christmas gift of the year 2021, according to retail research organisation HUI (English, Sweden).
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For any feedback or comments, just hit reply.
Take care!

Martin
martin@swedishtechweekly.com
@swedishtechwkly
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