News April 16, 2024: OlsAro, Reccan, ITSL Solutions, Ebbot, Meadow, Stravito, Stylee, GreenMerc, Vaquita Technologies, The Climate Brick, New Nordic Challengers, Nuanxed, and more

Here are today's news from Sweden's startup and tech sector, exclusively for you as subscriber of Swedish Tech News PRO.

Funding news

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  • OlsAro (Gothenburg, AI enabled climate adaption of crops for a resilient agriculture, founded 2013): €2.5M ($2.6M) in a seed funding round led by Future Food Fund and PINC, with participation from AgFunder, Flora Ventures and Mudcake (English). Last year, the startup raised SEK5.3M in pre-seed funding. Among previous backers are Aventura, GU Ventures, and Vasa Angels.
  • Reccan (Lund; easy-to-use blood test for quick, accurate and none-invasive screening for pancreatic cancer, founded 2014): SEK3M (€260K, $280K) grant together with Lund University and Region Skåne, from Swelife/Vinnova (English). This comes two months after the company raised a SEK8.6M funding round.
  • ITSL Solutions (Sundsvall, develops a technology platform that enables the public sector to work effectively with AI in a legal and appropriate way, founded 2020): SEK1.6M (€140K, $150K) grant from Region Västernorrland, for the continued development of the platform, which is scheduled to launch in two days; on April 18 (Swedish, machine translation).

Unannounced funding