News April 1, 2022: Dropmed, VIDEM, Astrid, Yubico, Stockholm Exergi and more

Here is today's curation of news from Sweden's startup and tech sector.

Note: This issue is free of April Fools' jokes.

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Financing rounds

  • Dropmed (Stockholm, online marketplace for medical technology): SEK3M (€290K, $320K) from Add Health Media, Pluscap and Swedish physicist and astronaut Christer Fuglesang (English).

>> Daily updated, subscriber-exclusive Google sheet with all funding rounds raised by private Swedish startups and scaleups. Request access.

News from Swedish startups, the tech sector and VCs

  • Gothenburg-based startup VIDEM, which works on a small, handheld and low-cost molecular diagnostic device for infection detection, won this year's Almi Pitch event (Swedish, machine translation).
  • Astrid Education, Stockholm-based maker of an AI-powered voice-based English learning solution for kids and teens, announced its expansion into the South Korean market (English).
  • Christopher Harrell, CTO at Stockholm- and Silicon Valley-based provider of secure login solutions Yubico, published an article reviewing the status quo of open authentication standards, and sharing what the future holds for modern WebAuthn/FIDO authentication (English).

Other interesting things from the startup/VC world & beyond

  • A filterable list of (currently) 177 climate tech VCs (English).
  • Signs that an entrepreneur is over-prepared for meetings with investors (English).

Other interesting things from Sweden

  • Stockholm Exergi, Stockholm municipality's energy company, received €180M from the EU’s Innovation Fund for its plan to build Europe’s first large-scale negative emissions plant (English, Swedish).
  • Sweden is one of the most active countries experimenting with geofencing for general traffic (English / NYT soft paywall, alternative URL).
  • A pandemic baby bump shines a spotlight on the Nordic welfare model (English / Bloomberg paywall, alternative URL).


That's it for today.

Martin Weigert

Martin Weigert

Martin is the founder of Swedish Tech News. Every day he spends many hours gathering and curating the latest from Sweden's startup & tech sector. Contact: