View this email in your browser

Welcome to Swedish Tech Weekly issue #135.
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

+++ Sponsor message +++

Hey entrepreneurs and go-getters! Are you looking for great legal advice within M&A, core corporate or commercial law? Are you ready to step into the digital age with us? Drop us a line, and we’ll help you out! Stockholm-based team Qap is ready for you! Learn more here.

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
This issue of Swedish Tech Weekly has been sent to 1018 subscribers. That's 3 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. Or this tweet. Thank you!

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).

For any feedback or comments, just hit reply.
Take care!

Copyright © 2021 Swedish tech weekly, All rights reserved.

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Email Marketing Powered by Mailchimp