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Welcome to Swedish Tech Weekly issue #127.
Bringing you the latest from Sweden's tech and startup industry.

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Mergers & acquisitions
  • Sinch (Stockholm, communications platform for mobile engagement) acquires German company MessengerPeople, operator of a SaaS platform for conversational messaging, for €48M ($56M) in a mix of new shares and cash (English, Swedish).
     
  • Lexplore (Stockholm, eye tracking and AI solution for literacy assessment) acquires Norwegian e-book platform for children Lesemester, for SEK35M (€.3.5M, $4M) (Swedish, machine translation).
     
  • SaveLend (Stockholm, p2p lending platform) acquires Finnish p2p lending platform Fixura for SEK25M (€2.5M, $3M) (English, Swedish).
     
  • Lectogo (Stockholm, operator of a network of stations for mobile charging) acquires its Swedish competitor Blix for around SEK10M (€1M, $1.2M) (Swedish, machine translation).
     
  • PriceRunner (Stockholm, shopping comparison site) acquires Norwegian competitor Prisguiden. The amount was not disclosed (English, Swedish).
Financing rounds
  • Doconomy (Stockholm, creator of climate-friendly fintech solutions): €14.5M ($17M) from CommerzVentures and existing investors (English, Swedish).
     
  • Tracklib (Stockholm, subscription service for musicians, producers, and artists who want to sample real music): $12.2M from several Europe-based family offices and funds (English, Swedish).
     
  • Hooked Foods (Stockholm, producer of plant-based seafood): SEK39M (€3.9M, $4.4M) from Brightly Ventures, Oyster Bay Venture Capital and Swedish singer Danny Saucedo (English, Swedish).
     
  • Fenix (Stockholm, provider of funeral services): SEK30M (€3M, $3.5M) in a funding round led by Brightly Ventures (English, Swedish).
     
  • Enigio (Stockholm, provider of a standardised solution for digitalised, authoritative original documents): €2.7M ($3.2M) in a funding round led by MOOR Holding, with participation from existing investors (English).
     
  • Debricked (Malmö, automated cybersecurity platform for open source management): SEK22M (€2.2M, $2.5M) from existing investors Brightly Ventures and Luminar Ventures (Swedish, machine translation).
     
  • Quizrr (Stockholm, digital training solutions to advance corporate responsibility and worker well-being): $1.2M in a funding round led by Artax Invest (English).
     
  • Colzyx (Lund, developer of innovative wound care products): €1M ($1.2M) from the European Innovation Council Fund (EIC Fund) (English).
     
  • AlixLabs (Lund, inventor of a new method for nanostructure fabrication): SEK9M (€900K, $1M) from Almi Invest and angel investors (Swedish, machine translation).
     
  • Lunch.Co (Stockholm, home-cooked meal marketplace for the workplace): €500K ($600K) in a pre-seed funding round led by VEQ, with participation from Antler and Rockstart (English).
     
  • IRRIOT (Stockholm, wireless irrigation IoT automation platform): SEK3M (€300K, $350K) from 7DD (Swedish, machine translation).
     
  • Swedish climate VC firm Pale Blue Dot led a £1.74M seed round raised by UK-based startup HIVED, provider of affordable zero-emission parcel delivery (English).
News from Swedish startups and the tech sector
  • Minut, Malmö-based developer of a camera-less home security solution, is partnering with Airbnb for a six-months noise detector pilot program for hosts in Prague. It's the second pilot that the 2 companies are running together (English).
     
  • Elin Aram created and bootstrapped Stockholm-based Birth Class, an audio app with classes for pregnancy, birth and early motherhood (Swedish, machine translation).
     
  • Profile of Joint Academy, a Malmö-based provider of an evidence-based digital treatment solution for chronic joint pain (English).
     
  • Stockholm-based Bitrefill, which lets people buy gift cards and refill phones with cryptocurrencies, was used by customers in 185 countries last month, according to the startup's head of research Matt Ahlborg (English).
     
  • ChromaWay, Stockholm-based creator of blockchain infrastructure, is 1 out of 7 companies selected for the European Blockchain Services Infrastructure (EBSI) initiative (English).
     
  • Swedish entrepreneur Hessam Lavi co-founded and is CEO of Berlin-based open-source emissions data platform Climatiq, which just raised $2M in a funding round led by Cherry Ventures (English, Swedish).
     
  • Martie is the name of an upcoming San Francisco-based online grocery store for shelf stable food co-founded by Swedish entrepreneur Louise Fritjofsson (English).
     
  • Amazon Prime has launched in Sweden (Swedish, machine translation).
     
  • Ankorstore, Paris-headquartered marketplace that connects brands and creators with shops, expands into Sweden and opened an office in Stockholm, for which it has recruited 12 employees so far (Swedish, machine translation).
     
  • European VC firm Heartcore just raised a new $200M early-stage fund and will open an office in Sweden (Swedish, machine translation).
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Other interesting things
  • Sweden is still the second most innovative country in the world, according to the UN's annual Global Innovation Index (English, Swedish).
     
  • PostNord, the Nordic postal service, will start to deliver packages on Saturdays (Swedish, machine translation).
     
  • Ikea Sjömärke turns (almost) any desk into a wireless charging pad (English).
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Take care!

Martin
martin@swedishtechweekly.com
@swedishtechwkly
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