News August 3, 2022: Blipp, Cevoid, Flightradar24, Kinnevik and more

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

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Funding news

  • Blipp (Stockholm, transaction platform for private car deals): SEK30M (€2.9M, $2.9M) from existing investor NEA Partners and undisclosed new angel investors. The funding was raised in the beginning of 2022 but not announced publicly. It was now dug up by Breakit (Swedish / Breakit paywall).
  • Cevoid (Stockholm, SaaS solution for visual community-generated content, aimed at brands): SEK3.3M (€317K, $322K) from ACVC, NXS Ventures and "investors, founders, and executives from companies such as Izettle, Heep, Humble, Fyndiq, BGA, and Grebban" (English, Swedish).

News from Swedish startups, the tech sector and VCs

  • Stockholm-based Flightradar24 was struggling under heavy load on Tuesday as simultaneous 700,000 users tracked Nancy Pelosi's flight to Taiwan (English).
  • 📺 A 15 minute chat between Kinnevik CEO Georgi Ganev and Chairman James Anderson about the year that has passed, the current market environment, the importance of building long-term sustainable businesses and what’s next for the Swedish investment firm and growth investor, in terms of interesting new themes (English).

Other interesting things from the startup/VC world & beyond

  • Y Combinator narrows its current cohort size by 40% (to still nearly 250 companies), citing downturn and funding environment (English).
  • And one interesting survey:
  • Volvo Group has started the process to build a "large-scale" battery plant in Sweden for battery-electric trucks (English).
  • Lufthansa Group is testing a so called "green fare" which includes full CO2 compensation in the price, for travelers departing from Sweden, Denmark and Norway (English).


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: