News April 19, 2022: coherence, Encore, Cerve, Dogdater, Bitrefill, Juni, Dugga, Voima Ventures and more

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

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Funding news

  • coherence (Malmö, open platform for building scalable and persistent multiplayer games and virtual worlds): $8M in a funding round led by Griffin Gaming Partners, with participation from other undisclosed investors (English).
  • Encore (Stockholm, backend development engine): $3M in a funding round led by Crane Venture Partners, with participation from Acequia Capital, Essence Venture Capital and Third Kind Venture Capital (English).
  • Cerve (Jönköping, infrastructure platform that automates wholesalers’ sales operations): $2M in a seed round led by Orkla Ventures, with participation from MP Pensjon and nFront Ventures (English).
  • Dogdater (Stockholm, mobile community app for dogs): SEK1.5M (€140K, $160K) from angel investors Arne Engvall and Thomas Silbersky (Swedish, machine translation).

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News from Swedish startups, the tech sector and VCs

  • Stockholm-based Bitrefill, which lets people buy gift cards and refill phones with cryptocurrencies, created an internet-connected shoe that will display the live price of bitcoin on an LED matrix panel (English).
  • Gothenburg-based Juni is about to open its e-commerce banking platform for German customers in what co-founder and CEO Samir El-Sabini calls a "soft launch" (Swedish / DI Digital paywall).
  • The Stockholm-based digital learning assessment platform Dugga announced that it successfully conducted digital national exams in Thailand (English).
  • The Swedish FinTech Association published the 2022 edition of its fintech report "Fintechrapporten" (Swedish, machine translation, complete report in Swedish as PDF).
  • Finnish VC firm Voima Ventures recruited Jenny Engerfelt as Sweden-based Investment Director. She was previously at Almi Invest (English / soft paywall, alternative URL).

Other interesting things from the startup/VC world & beyond

Other interesting things from Sweden

  • Major solar breakthrough means energy can be stored for up to 18 years, Swedish scientists say (English).


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: