> ## Content Index
> Fetch the complete content index at: https://www.swedishtechnews.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# News March 1, 2022: Resia, wec360°, Build for Europe, Freetrade, Creandum and more
- URL: https://www.swedishtechnews.com/news-february-29/
- Published: 2022-03-01T16:01:00.000Z
- Updated: 2023-08-08T16:15:17.000Z
- 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), resia, wec360, build for europe, Freetrade, Creandum, Summa Equity

Here is today's curation of news from Sweden's startup and tech sector, as well as some interesting reads.

💡

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/)!

**Mergers & acquisitions**

- [Resia](https://www.resia.se) (Gothenburg, travel management company founded in 1974) was acquired by Silicon Valley-based all-in-one travel corporate card and expense management solution [TripActions](https://tripactions.com/). Financial terms were not disclosed ([English](https://tech.eu/2022/03/01/as-business-travel-picks-up-palo-alto-startup-makes-strong-entry-in-europe-with-its-third-acquisition/), [Swedish](https://tripactions.com/press-release/tripactions-forvarvar-resia)).
- Swedish investment firm [Summa Equity](https://summaequity.com/) acquired Belgian transaction data-focused fintech [Intix](https://www.intix.eu/) for an undisclosed figure ([English](https://tech.eu/2022/03/01/belgium-s-intix-acquired-by-summa-equity-puts-the-underworld-on-notice/)).

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

- Swedish VC firm [Creandum](https://www.creandum.com/) announced its sixth early-stage fund by raising $500M, which will focus on startups in many fields, among them the creator economy, energy, web3, metaverse, and climate tech ([English](https://techfundingnews.com/stockholm-investor-creandum-that-backs-many-european-unicorns-raises-500m/)).
- [wec360°](https://www.wec360.com/), Örebro-based operator of a 3D visualization platform to digitalize property marketing, says that almost one third of all newly built condominiums that were sold in Sweden last year, used the company's service ([Swedish](https://computersweden.idg.se/2.2683/1.763288/lagenheter-som-inte-finns-lyfter-svenska-vr-bolaget), [machine translation](https://computersweden-idg-se.translate.goog/2.2683/1.763288/lagenheter-som-inte-finns-lyfter-svenska-vr-bolaget?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [Build for Europe](https://www.buildforeurope.com/) is an initiative launched by the co-founders and CEOs of Kry and VOI, Fredrik Hjelm and Johannes Schildt, as well as Mikael Karlsson of defence and security service provider [MW Group](https://mwgroup.se/), to support startups that are creating technology and solutions to defend democracies ([Swedish](https://www.breakit.se/artikel/32089/techprofilerna-kraftsamlar-for-att-starka-europas-forsvar-maste-bygga-effektiva-losningar), [machine translation](https://www-breakit-se.translate.goog/artikel/32089/techprofilerna-kraftsamlar-for-att-starka-europas-forsvar-maste-bygga-effektiva-losningar?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- UK-based commission free trading app [Freetrade](https://freetrade.io) received approval from the Financial Supervisory Authority to launch in Sweden. The company plans to kick things off with a private beta for which it [set up a waitlist](https://freetrade.io/se) ([Swedish](https://www.realtid.se/freetrades-lansering-i-sverige-far-gront-ljus-av-fi), [machine translation](https://www-realtid-se.translate.goog/freetrades-lansering-i-sverige-far-gront-ljus-av-fi?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

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

- Germany-based early- and growth-stage investor [CommerzVentures](https://commerzventures.com/) launched its third fund at €300M for financial services and insurance startups ([English](https://siliconcanals.com/crowdfunding/commerzventures-closes-300m-fund/)).
- "Now, more than ever, is the time to make your business antifragile" ([English](https://continuations.com/post/677268485164908544/startups-and-macro-risk)).

+++

That's it for today.