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# News January 20, 2022: Stillfront, Zcooly, Nudge Labs, Univid, Jetson, Opibus and more
- URL: https://www.swedishtechnews.com/daily-briefing-january-20-2022/
- Published: 2022-01-20T10:22:33.000Z
- Updated: 2024-08-09T14:22:38.000Z
- Description: Here are today's essential news from Sweden's startup and tech sector, plus some interesting reads and news.
- Author: Martin Weigert
- Tags: Daily (PRO), stillfront, zcooly, nudge labs, univid, Jetson, opibus, Dynamic Code, Spotify, Avanza, Almi Invest, Verdane, Aggregate Media, nascent invest, Spintop Ventures, JNE Invest, Quinary Investment, Inventure, Cherry Ventures, Luminar Ventures

Here is today's exclusive curation covering the latest news from Sweden's startup and tech sector, as well as some additional interesting reads. 

**Mergers & acquisitions**

- [Stillfront](https://www.stillfront.com) (Stockholm, game publisher) acquires Hong Kong-based [6waves](https://www.6waves.com/), a publisher of mobile free-to-play strategy games in Japan, for $201M ([English](https://www.marketscreener.com/quote/stock/STILLFRONT-GROUP-AB-PUBL-61747396/news/Stillfront-acquires-Six-Waves-Inc-and-resolves-on-a-rights-issue-of-approximately-SEK-2-0-billion-37589968/), [Swedish](https://www.breakit.se/artikel/31599/stillfront-koper-six-waves-for-1-8-miljarder-gor-miljardemission)).

**Financing rounds**

- [Zcooly](https://zcooly.se/) (Gothenburg, game-based learning app for children): SEK20M (€2M, $2.2M) from Almi Invest, Verdane, and Aggregate Media ([English](https://nordic9.com/news/zcooly-in-a-sek-20-million-equity-funding-round/), [Swedish](https://news.cision.com/se/almi-invest-ab/r/almi-invest-investerar-i-edtech-bolaget-zcooly-som-gor-matten-roligare,c3488775)).
- [Nudge Labs](https://nudgelabs.com/) (Stockholm, employee well-being platform): SEK10M (€1M, $1.1M) from Y Combinator, and Nascent Invest ([English](https://nordic9.com/news/nudge-labs-in-a-sek-10-million-equity-funding-round-led-by-nascent-invest-joins-y-combinator/), [Swedish](https://www.breakit.se/artikel/31592/nudge-labs-vill-se-valmaende-personer-prestera-far-in-nytt-kapital)).
- [Univid](https://univid.io/) (Stockholm, virtual event platform): €800K ($900K) from Spintop Ventures, JNE Invest, and Quinary, as well as angel investors ([English](https://spintopventures.com/spintop-invests-in-interactive-web-meeting-platform-univid/)).

**News from Swedish startups, the tech sector and VCs**

- Stockholm-based flying car developer [Jetson](https://www.jetsonaero.com/) plans to deliver the first series of its one-passenger personal electric vertical takeoff and landing (eVTOL) vehicle later this year ([English](https://dronedj.com/2022/01/18/sold-out-swedish-jetson-one-personal-evtol-set-for-delivery-in-2022/)).
- [Opibus](https://www.opibus.se/), Swedish-Kenyan developer of electric mobility technology for the African market, has started a pilot for the commercial launch of EV buses in Kenya ([English](https://techcrunch.com/2022/01/19/first-ev-mass-transit-bus-by-swedish-kenyan-startup-opibus-begins-operation-amidst-plans-for-regional-launch-by-2023/), [Swedish](https://www.di.se/digital/svensk-startup-lanserar-afrikas-forsta-elbuss/)).
- [Spotify](http://www.spotify.com) had the highest subscription market share in the global streaming business as of Q2 2021, at 31%. This figure was down from 33% in the prior year quarter (Q2 2020) ([English](https://www.musicbusinessworldwide.com/spotify-is-still-king-of-global-streaming-subscription-but-its-losing-market-share/)).
- [Avanza](http://www.avanza.com), Swedish stock investing and banking app, grew its operating income in the 4th quarter 2021 by 17% to SEK824M (€80M, $90M) ([Swedish](https://www.realtid.se/annu-ett-rekordar-avanza), [machine translation](https://www-realtid-se.translate.goog/annu-ett-rekordar-avanza?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=sv&%5Fx%5Ftr%5Fpto=wapp)).
- [Dynamic Code](https://www.dynamiccode.com/), Linköping-based creator of health and diagnostic tests for end consumers, gears up for going public during the first half of 2022 ([Swedish](https://www.breakit.se/artikel/31582/dynamic-code-gor-sig-redo-for-borsen), [machine translation](https://www-breakit-se.translate.goog/artikel/31582/dynamic-code-gor-sig-redo-for-borsen?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=sv&%5Fx%5Ftr%5Fpto=wapp)).
- Swedish seed VC [Luminar Ventures](https://www.luminarventures.com/) has closed a second fund at SEK600M (€60M, $65M) and plans to now invest in the entire Nordic region ([English](https://tech.eu/brief/luminar-ventures-launches-new-fund-at-e60-million-now-eyeballing-the-greater-nordic-ecosystem/), [Swedish](https://www.di.se/digital/luminar-tar-in-600-miljoner-hojer-blicken-till-norden/)).
- German VC firm [Cherry Ventures](https://www.cherry.vc/) has a new €300M fund ([English](https://tech.eu/brief/berlins-cherry-ventures-goes-for-the-whole-pie-with-new-e300-million-fund/)). Cherry's Swedish partner Sophia Bendz says to Dagens Industri that she's particularly focusing on crytpo/web3 startups from Sweden ([Swedish](https://www.di.se/digital/sophia-bendz-nya-fokus-leta-kryptobolag-i-sverige/) / *DI Digital paywall*).
- Finland-founded VC firm [Inventure](https://inventure.vc/), which also has a large presence on the Swedish market, published an early-stage pitch deck template ([English](https://inventure.vc/inventures-early-stage-pitch-deck-template/)).

**Other interesting things from the startup & VC world**

- 2021 was a banner year for Insurtech in Europe ([English](https://tech.eu/free/46692/the-numbers-are-in-2021-was-a-banner-year-for-insurtech-in-europe/)).
- The berserk pace of fintech investing outshines the global VC boom ([English](https://techcrunch.com/2022/01/19/the-berserk-pace-of-fintech-investing-outshines-the-global-vc-boom/)).
- 8 things that change when your company is acquired ([English](https://www.saastr.com/8-things-that-change-when-your-company-is-acquired/)).

**Other interesting things from Sweden**

- The City of Stockholm decided against using Microsoft 365 due to privacy concerns ([Swedish](https://www.nyteknik.se/digitalisering/beskedet-stockholms-stad-stoppar-microsoft-365-7027568), [machine translation](https://www-nyteknik-se.translate.goog/digitalisering/beskedet-stockholms-stad-stoppar-microsoft-365-7027568?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=sv&%5Fx%5Ftr%5Fpto=wapp)).
- Ericsson sues Apple again over 5G patent licensing ([English](https://www.reuters.com/technology/ericsson-sues-apple-again-over-5g-patent-licensing-2022-01-18/)).
- Stockholm's central station and the area around will receive a massive makeover ([English](https://www.dezeen.com/2022/01/20/foster-stockholm-central-station/)). 📺 Here is a video of what will change ([Swedish](https://vimeo.com/665213233/5a584c5fe3), *7 minutes*).

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