News April 22: ChromaWay, Kavall, "Tech girl of the year", VNV Global and more

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

>>> Receive a daily newsletter with the latest updates from the Swedish startup & tech sector, curated by Martin Weigert. Try it out one month for free, cancel anytime. Subscribe here.  

If you prefer a free weekly newsletter, sign up for Swedish Tech Weekly.

News from Swedish startups, the tech sector and VCs

  • Swedish blockchain infrastructure startup ChromaWay, which just invested in a Dutch startup (see Swedish Tech News from April 20), generated almost SEk500M (€49M, $53M) in profit after tax in 2021 (Swedish / Breakit paywall)
  • Stockholm-based rapid grocery delivery service Kavall is launching in Norway (Swedish, machine translation).
  • Olivia Harlin was named "Tech girl of the year 2022" by Microsoft Sweden (Swedish, machine translation).

Swedish tech earnings reports

Other interesting things from the startup/VC world & beyond

  • Madrid-based Mundi Ventures, which counts Sweden's Klarna and Omocom among its portfolio companies, opens €250M fund with €120M to back insuretech firms (English).
  • Crypto companies raised $5.1B globally in VC during Q1 2022 - less than in Q4 2021 ($6.6B) and Q1 2021 ($6.3B) (English).

+++

That's it for today.

Martin Weigert

Martin Weigert

Stockholm