News April 7, 2022: PodX, Earthbanc, FLOAT, Milkywire and more

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

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Mergers & acquisitions

  • PodX (Stockholm, newly formed podcast network company for independent audio content producers) sold a majority stake to Stockholm-based entertainment company Pophouse Entertainment. Financial terms were not disclosed (English, Swedish).

Financing rounds

  • Earthbanc (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).
  • Volvo Cars Technology Fund participated in a CHF32M (€31.5M, $34M) Series B funding round raised by Bcomp, Swiss provider of natural fibre-based sustainable lightweighting solutions (English).

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News from Swedish startups, the tech sector and VCs

  • Stockholm-based startup FLOAT, 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 (Swedish, machine translation).
  • Milkywire, Nina Siemiatkowski's digital platform for everyone who wants to do something for the planet, is expanding into the English-speaking sphere (Swedish, machine translation).
  • EQT Ventures appointed former startup entrepreneur and Delivery Hero COO Doreen Huber as new Germany-based Partner (English).

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).
  • In Solna near Stockholm, Sweden's first Covid19 vaccine factory was inaugurated (Swedish, machine translation).


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: