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# News April 6, 2022: Grafana Labs, Alex Therapeutics, Insurely, Vembla, kevin and more
- URL: https://www.swedishtechnews.com/news-april-6-2022/
- Published: 2022-04-06T15:00:00.000Z
- Updated: 2023-07-25T07:13:04.000Z
- Description: Here is today's curation of news from Sweden's startup and tech sector, as well as some interesting reads, exclusively for subscribers of Swedish Tech News.
- Author: Martin Weigert
- Tags: Daily (PRO), Grafana Labs, alex therapeutics, Insurely, vembla, kevin, hadean ventures, Scale Capital, Bonit Capital, Creandum

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

💡

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**Financing rounds**

- [Grafana Labs](https://grafana.com/) (Stockholm & New York, developer of open source software for visualizing operational data): $240M in a Series D round led by GIC, with participation from new investor J.P. Morgan and existing investors Sequoia Capital, Coatue, Lightspeed Venture Partners and Lead Edge Capital ([English](https://techcrunch.com/2022/04/06/grafana-labs-raises-240m-series-d/)).
- [Alex Therapeutics](https://www.alextherapeutics.com/) (Stockholm, developer of CE-certified digital therapeutics solutions): €3.5M ($3.8M) in an oversubscribed funding round led by Hadean Ventures, with participation from Scale Capital and Bonit Capital ([English](https://news.cision.com/alex-therapeutics/r/alex-therapeutics-raises--3-5m-in-oversubscribed-financing-round-from-top-tier-vc-investors-to-advan,c3540439), [Swedish](https://www.di.se/digital/jackpott-for-psykologiapp-lagstiftning-oppnar-nya-dorrar/)).
- Creandum led a £8M (€9.6M, $10.5M) funding round raised by UK-based logistics startup [Packfleet](https://packfleet.com/) ([English](https://tech.eu/2022/04/06/london-based-startup-by-ex-monzo-employees-packs-up-ps8-million-to-revolutionise-e-commerce-deliveries/)).

\>> Daily updated, subscriber-exclusive Google sheet with all funding rounds raised by private Swedish startups and scaleups. [Request access](https://docs.google.com/spreadsheets/d/1a4JfphPOita15GMQBONzOHQwtkClDHubEkMkpF1b8eM/edit?usp=sharing).

**News from Swedish startups, the tech sector and VCs**

- [Insurely](https://www.insurely.com/), Stockholm-based open insurance platform, forms a strategic partnership with Swedish mayor bank SEB. The bank's VC arm also announced that it participated in Insurely's recent SEK190M Series A funding round ([Swedish](https://www.realtid.se/darfor-investerar-seb-i-insurtech), [machine translation](https://www-realtid-se.translate.goog/darfor-investerar-seb-i-insurtech?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- Swedish instant grocery home delivery startup [Vembla](https://www.vembla.se/) is evaluating options to buy out its Lithuania-based investor [cats.vc](https://cats.vc/) due to ties to Russian oligarchs ([Swedish](https://www.di.se/digital/svenska-matuppstickaren-utreder-ryska-delagare/) / *DI Digital paywall*).
- Lithuanian open banking and payment infrastructure startup [kevin](https://www.kevin.eu/), which connects online retailers with European customers through direct bank account payments, announced its launch on the Swedish market ([Swedish](https://it-finans.se/kevin-gar-in-pa-den-svenska-e-handelsmarknaden/), [machine translation](https://1-it--finans-se.translate.goog/kevin-gar-in-pa-den-svenska-e-handelsmarknaden/?%5Fx%5Ftr%5Fenc=1&%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

**Other interesting things from the startup/VC world & beyond**

- Global venture funding fell last quarter for the first time in a year ([English](https://news.crunchbase.com/news/global-vc-funding-falls-q1-2022-monthly-recap/)).
- Seth Godin has some thoughts on setting the right expectations, also for startup founders when talking to VCs ([English](https://seths.blog/2022/04/the-surprising-thing-about-expectations/)).

**Other interesting things from Sweden**

- The Swedish initiative [Drones2Ukraine](https://www.drones2ukraine.se/) is collecting and sending donated drones to Ukraine where they are being used by the country's civil defense ([Swedish](https://www.di.se/digital/svenska-dronare-skanks-till-ukrainas-civilforsvar/), [machine translation](https://www-di-se.translate.goog/digital/svenska-dronare-skanks-till-ukrainas-civilforsvar/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

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That's it for today.