News February 16, 2022: BLANCHEstories, EnginZyme, H2 Green Steel, &Repeat, Trustrace, Checkin.com, Flat Capital and more
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.
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Subscribe to Swedish Tech News 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.
Or, if you prefer a free weekly newsletter, subscribe to Swedish Tech Weekly!
Financing rounds
- BLANCHEstories (Stockholm, audio-erotic app for women): SEK10M (€1M, $1.1M) from undisclosed new and existing investors (Swedish, machine translation).
News from Swedish startups, the tech sector and VCs
- 2 Swedish startups, EnginZyme and H2 Green Steel, belong to the world's 100 leading cleantech companies, according to the Cleantech Group's 2022 Global Cleantech 100 (Swedish, machine translation).
- &Repeat, Stockholm-based startup operating a deposit system for collecting disposable food packaging, is launching in France through a partnership with French dark kitchen operator Not So Dark (Swedish, machine translation).
- TrusTrace, maker of a SaaS solution for supply chain transparency and product traceability based in Stockholm, announced the milestone of 1 million transactions with real-time traceability (English).
- Yet another international streaming service for movies and original series is coming to Sweden: Starzplay (Swedish, machine translation).
- CDON, Malmö-based e-commerce and online marketplace company, had a pretty bad Q4 2021, characterized by shrinking revenue and losses (English, Swedish).
- Checkin.com, Stockholm-based provider of registration flow solutions for online services, released its earnings report for Q4 as well as the full year 2021 (English, Swedish).
- Swedish investment firm Flat Capital also published its financial numbers for 2021 (Swedish, machine translation).
Other interesting things from the startup/VC world & beyond
- Lightspeed Venture Partners wants to be "the most sought-after fund for the best founders in Europe", says the Silicon Valley firm's Europe-based partner Paul Murphy (English / Sifted metered paywall, alternative URL).
- Google Search is dying (English).
Other interesting things from Sweden
- Ericsson appears to have paid bribes in Iraq to protect transport routes for telecom equipment in 2018 (English / Reuters metered paywall, alternative URL).
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That's it for today.
