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# News August 2, 2022: Swedish business angel invests €500K in German startup, Natural Cycles, Acast and more
- URL: https://www.swedishtechnews.com/news-august-2-2022/
- Published: 2022-08-02T15:04:19.000Z
- Updated: 2023-08-16T05:56:42.000Z
- 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), per liljenqvist, Acast, natural cycles

Here is today's curation of news from Sweden's startup and tech sector, exclusively for subscribers of Swedish Tech News.

💡

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/)!

### Funding news

- Swedish business angel Per Liljenqvist has invested €500K ($500K) in a seed round raised by German carbon compensation startup [CarbonStack](https://carbonstack.de/) ([German](https://www.comdirect.de/inf/news/detail.html?ID%5FNEWS=1091296472), [machine translation](https://www-comdirect-de.translate.goog/inf/news/detail.html?ID%5FNEWS=1091296472&%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

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

- [Natural Cycles](https://www.naturalcycles.com/), Stockholm-based birth control app, does now work with the [Oura](https://ouraring.com/) sleep tracking smart ring, after receiving green light for the integration from the U.S. Food and Drug Administration (FDA). The partnership lets Natural Cycles users pull in temperature information from their Oura Ring rather than manually take a temperature for the app each morning ([English](https://www.theverge.com/2022/8/2/23287187/natural-cycles-digital-birth-control-oura-temperature), [Swedish](https://www.breakit.se/artikel/33862/klart-har-vantat-flera-ar-nu-far-natural-cycles-samarbeta-med-hajpade-oura)).

### Swedish tech earnings reports

- [Acast](http://www.acast.com) (Stockholm, podcasting platform): [English](https://investors.acast.com/press-releases/q2-ebitda-margin-passes-inflection-point-and-profitability-brought-forward).

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

- 3 startup pitch deck mistakes that are red flags for venture investors: exit slide, focus on time that funding intends to buy, deceptive founder/team bios ([English](https://hunterwalk.com/2022/08/01/three-startup-pitch-deck-mistakes-that-are-red-flags-for-venture-investors/)).

### Other interesting things related to Sweden

- July saw plugin electric vehicles take 50.1% market share among new registrations in Sweden, up from 37.6% year on year ([English](https://cleantechnica.com/2022/08/01/swedens-plugin-ev-revolution-continues-to-march-forward/)).
- Chinese EV maker [BYD](https://bydeurope.com/) plans to start selling its cars in Sweden ([English](https://electrek.co/2022/08/01/byd-ev-germany-sweden/)).

+++

That's it for today.