Welcome to Swedish Tech Weekly issue #63.
Bringing you the latest from Sweden's tech and startup industry.
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Mergers & acquisitions
- ActiWay, a Stockholm-based provider of a system for payment, administration, and follow-up on activities on the market for wellness allowance, has been acquired by the Finish competitor Epassi. The amount was not disclosed (English, Swedish).
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- Klarna (Stockholm, payment provider): undisclosed amount from Ant Financial / Alibaba (English, Swedish).
- Mavenoid (Stockholm, automating tech support): $8M in a Series A funding round led by Mosaic Ventures, alongside Creandum and Point Nine Capital (English, Swedish).
- Dynamic Code (Linköping, DNA-based health and diagnostic tests for end consumers): SEK60M (€5.6M, $6.2M) from new and existing investors (English, Swedish).
- Togee (Stockholm, mobile app for shared screen experiences): SEK10M (€930K, $1M) from angel investors (English, Swedish).
- Addressya (Stockholm, creator of an "address as a service" solution): SEK7M (€650K, $720K) from angel investors (English, Swedish).
- Myrqvist (Stockholm, shoe online store): SEK5M (€470K, $515K) from angel investors (English, Swedish).
- Personalkollen (Umeå, SaaS solution for the hospitality industry): undisclosed amount from Novax for 23.5% of the company (English).
- Swedish VC firm Creandum participated in a $11M Series A funding round raised by U.S. startup unitQ, which provides a real-time customer feedback analytics solution (English).
- Swedish VC firm EQT Ventures led a $53M Series C financing round in U.S.-based startup Netlify, a web developer platform that aims to increase productivity (English), and a €2.3M round raised by U.K.-based startup Sonantic, a provider of artificial voices for the game and entertainment industry (English).
News from Swedish startups and the tech sector
Other interesting things
- Safeture, a Lund-based software company specialized in safety and security management for business travel, has launched a solution that correlates each employee's travel patterns with the latest Covid-19 reported cases (English, Swedish).
- Gothenburg-based startup Bokio wants to simplify the world of accountancy and finance with AI. Here is a conversation with CEO Viktor Stensson (English).
- Self-driving truck startup Einride is hiring remote truck operators in Sweden and the U.S. (English).
- CB Insights has published its annual ranking of the 100 most promising AI startups in the world, and it features two Swedish companies: PerceptiLabs and Mapillary (English).
- Podcast interview with Lars Sjögren, CEO at P27 Nordic Payments, which is the company founded by leading Nordic banks tasked with creating "the Nordic region's first real-time payments system" (English, 21 minutes).
- A list of Sweden's 125 most powerful women in business (Swedish, machine translation).
- Sweden responds to virus threat with wage support for businesses (English).
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