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Welcome to Swedish Tech Weekly issue #131.
Bringing you the latest from Sweden's tech and startup industry.

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Mergers & acquisitions
  • Klarna (Stockholm, payments and shopping provider) acquired US-based online trip planner Inspirock. Financial terms were not disclosed (English, Swedish).
  • Loop54 (Stockholm, SaaS solution for e-commerce search & navigation) was acquired by German competitor FACT-Finder. Financial terms were not disclosed (English, Swedish).
Financing rounds
  • Zaver (Stockholm, payments service to facilitate peer-to-peer trades and more): SEK114M (€11.4M, $13.3M) from existing investor Inbox Capital and angel investors (English, Swedish).
  • Norban (Malmö, digitally-powered real estate broker): SEK34M (€3.4M, $4M) from Neptunia Invest, Beijer Ventures and existing investors (English, Swedish).
  • Lace Laboratory (Stockholm, direct-to-consumer brand for panties): SEK18M (€1.8M, $2.1M) from new and existing angel investors (English, Swedish).
  • Texelio (Stockholm, solution to turn stock market news data into key insights): SEK5.5M (€550K, $640K) from Truesight Ventures, Wellstreet Ventures and angel investors (English, Swedish).
  • Eperoto (Gothenburg, SaaS tool to produce risk-value assessments of legal disputes): SEK5M (€500K, $580K) from Chalmers Ventures, and angel investors (English, Swedish / Affärsvärlden free registration required).
  • WEIQ (Malmö, booking and payment app for restaurants): (€500K, $580K) from angel investors (English, Swedish).
  • Klarna partipcated in a $100M funding round raised by German startup Billie, provider of "buy now pay later" payment methods for businesses (German, machine translation).
News from Swedish startups and the tech sector
  • Sweden's 33 best tech startups in 2021, according to NyTeknik (Swedish, machine translation).
  • Spotify is America's most loved workplace 2021, according to a Newsweek ranking (English).
  • Doconomy, Stockholm-based creator of climate-friendly fintech solutions, partners with San Francisco-based API-first negative emissions platform Patch, to introduce a tech stack for climate fintech (English).
  • Stockholm-based startup Mojo just launched an AI-powered at-home semen analysis service in Stockholm, with availability across Sweden as well as in London planned for spring next year and other European markets thereafter (Swedish, machine translation).
  • Kneedly, a newly launched startup from Gothenburg founded by Linn Söderholm and Alice Nilsson, develops digital solutions for aiding the diagnosis of knee ligament injuries (Swedish, machine translation).
  • Goobit and Safello, Swedish crypto exchanges, are being investigated by Sweden’s Financial Supervisory Authority. The watchdog wants to know how the firms follow money-laundering rules (English, Swedish).
  • VOI has been selected by the City of Copenhagen as one of 4 operators to bring e-scooters back to the Danish capital (English).
  • Quickbutik, Helsingborg-based all-in-one e-commerce platform solution similar to Shopify, announced that it is expanding its platform to Danish e-retailers (English).
This issue of Swedish Tech Weekly has been sent to 979 subscribers. That's 6 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!

Other interesting things
  • IKEA is working on a Spotify-enabled speaker that doubles as a lamp (English).
  • Einar, one of Sweden's most popular rappers, was shot dead in Stockholm (English).
  • Why Swedish teenagers drive small and excruciatingly slow cars (English).

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Take care!

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