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# News April 7, 2022: PodX, Earthbanc, FLOAT, Milkywire and more
- URL: https://www.swedishtechnews.com/news-april-7-2022/
- Published: 2022-04-07T14:56:38.000Z
- Updated: 2023-09-24T15:04:48.000Z
- 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), podx, earthbanc, Float, Milkywire, EQT Ventures, Sting, exits

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

💡

This post has been unlocked and made available for free a month after publication.  
  
[Subscribe to Swedish Tech News](https://www.swedishtechnews.com/#/portal/signup) to get access to a ****daily newsletter** that brings you a brief overview of news from the Swedish startup & tech sector, curated by [Martin Weigert](http://www.twitter.com/martinweigert).  
  
Or, if you prefer a ****free weekly newsletter**, [subscribe to Swedish Tech Weekly](https://swedishtechweekly.com/)!

**Mergers & acquisitions**

- [PodX](https://www.podxgroup.com) (Stockholm, newly formed podcast network company for independent audio content producers) sold a majority stake to Stockholm-based entertainment company [Pophouse Entertainment](https://pophouse.se/). Financial terms were not disclosed ([English](https://podnews.net/press-release/podx-group-launch), [Swedish](https://www.di.se/digital/bjorn-ulvaeus-in-i-nytt-internationellt-poddbolag/)).

**Financing rounds**

- [Earthbanc](https://earthbanc.io/) (Stockholm, carbon credit and finance platform): $1.5M in a pre-seed round from Regen Network Development, Rampersand VC, Visive Capital, Katalista Ventures, Sting Accelerator, European Space Agency Incubator and Regenerative Ventures Holdings ([English](https://finance.yahoo.com/news/carbon-finance-platform-earthbanc-raises-110000431.html)).
- Volvo Cars Technology Fund participated in a CHF32M (€31.5M, $34M) Series B funding round raised by [Bcomp](https://www.bcomp.ch/), Swiss provider of natural fibre-based sustainable lightweighting solutions ([English](https://www.finsmes.com/2022/04/bcomp-raises-chf-32m-in-series-b-funding.html)).

\>> 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**

- Stockholm-based startup [FLOAT](https://www.gofloat.io), founded by Cedric Notz and Jannis Koehn, wants to provide SaaS startups and SMEs in the Nordics with fast, easy, founder-friendly, and non-dilutive growth capital. The company exists since 2019, but now momentum seems to be right given the success of fast-growing US SaaS financing provider [Pipe](https://pipe.com/) ([Swedish](https://www.breakit.se/artikel/32613/chris-o-neills-bestman-ska-lana-ut-pengar-till-saas-bolag), [machine translation](https://www-breakit-se.translate.goog/artikel/32613/chris-o-neills-bestman-ska-lana-ut-pengar-till-saas-bolag?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [Milkywire](https://www.milkywire.com/), Nina Siemiatkowski's digital platform for everyone who wants to do something for the planet, is expanding into the English-speaking sphere ([Swedish](https://www.di.se/digital/nina-siemiatkowski-siktar-mot-usa-jagar-tillvaxt/), [machine translation](https://www-di-se.translate.goog/digital/nina-siemiatkowski-siktar-mot-usa-jagar-tillvaxt/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [EQT Ventures](https://eqtventures.com/) appointed former startup entrepreneur and Delivery Hero COO Doreen Huberas new Germany-based Partner ([English](https://medium.com/eqtventures/on-eqt-ventures-appointment-of-doreen-huber-as-partner-1ef7bdc77dfc)).

**Other interesting things from Sweden**

- 📺 Starting from when he was 18 years old, Swedish YouTuber Erik Grankvist has been spending years alone in the Swedish forest, building a traditional off grid log cabin by hand from the materials he found in the wilderness ([English](https://www.youtube.com/c/ErikGrankvist/videos)).
- In Solna near Stockholm, Sweden's first Covid19 vaccine factory was inaugurated ([Swedish](https://regeringen.se/pressmeddelanden/2022/04/lena-hallengren-inviger-sveriges-forsta-covidvaccinfabrik/), [machine translation](https://regeringen-se.translate.goog/pressmeddelanden/2022/04/lena-hallengren-inviger-sveriges-forsta-covidvaccinfabrik/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

+++

That's it for today.