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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Mergers & acquisitions
- Turnr (Stockholm, provider of sustainable e-commerce returns) is selling a majority stake to Schibsted. Terms were not disclosed (English, Swedish).
Financing rounds
- Volta Trucks (Stockholm, electric truck startup): €230M ($260M) in a Series C funding round led by existing investor Luxor Capital Group, with participation from B-FLEXION and existing investors (English).
- Saga Sleep (Stockholm, Russian-language sleep app with unique sleep stories for kids and adults): SEK10M (€950K, $1.1M) from undisclosed Sweden- and Ukraine-based angel investors (Swedish, machine translation).
- Medoma (Stockholm, provider of tech-enabled hospital level acute care): SEK9M (€840K, $960K) from Segulah and angel investors Sophia Bendz, Sven Hagströmer, Josefin Landgård and Johannes Schildt (Swedish, machine translation).
News from Swedish startups, the tech sector and VCs
- Artely, Stockholm-based marketplace for art founded in 2016, announced that it is including NFTs into its offering (Swedish, machine translation).
- Danish digital banking startup Lunar will launch its crypto exchange "Lunar Block" in Sweden on Wednesday (Swedish, machine translation).
- Foodora, food and quick commerce platform owned by Germany-based Delivery Hero, plans to allow private individuals to sell meals through its platform - starting in the Stockholm's district Nacka (Swedish, machine translation).
- TINC, accelerator for Nordic tech startups run by Nordic Innovation House, opened the applications for Swedish startups for the spring 2022 program (Swedish, English).
Other interesting things from the startup/VC world & beyond
- Is venture funding in a "Minsky boom", with a Minsky bust around the corner (English)?
- As SaaS companies scale, about half of the team will be in sales and marketing (English).
- As a startup, get press by giving journalists something surprising (English).
Other interesting things from Sweden
- Sweden is the country with the largest share of singles utilizing online dating, with 25 % of adult singles saying they used online dating services in 2021 (English, Swedish).
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That's it for today.
