News April 20, 2022: Boozt, Bright, ChromaWay, Spotify, Plejd and more

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

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Mergers & acquisitions

Funding news

  • Bright (Stockholm, digital platform for the energy sector): SEK40M (€3.9M, $4.2M) in a funding round led by By WIT, with participation from Utvecklingsklustret Energi and Montel. (English, Swedish).
  • Fairpoint Capital led a €7.2M ($7.8M) seed round raised by Finnish cloud-native integration service provider ONEiO (English).
  • Volvo Cars Tech Fund participated in a Series D round raised by Israel-based electric vehical battery startup StoreDot (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

  • ChromaWay, Stockholm-based startup creating blockchain infrastructure, invests €2.1M ($2.3M) in the Dutch investor management platform provider Bloqhouse Technologies (English).
  • Spotify closed down its Greenroom Creator Fund, shifts its live audio strategy away from independent creators (English).

Swedish tech earnings reports

Other interesting things from the startup/VC world & beyond

  • If a tech mafia is the outcome of a high concentration of talent then the input is a successful talent vortex (English).
  • Techniques and tactics for SaaS companies to avoid creating useless features (English).

Other interesting things from Sweden


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: