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# News February 4, 2022: Northvolt, Flip N Bid, Candela, Brilliant Minds, Plejd and more
- URL: https://www.swedishtechnews.com/news-february-4-2022/
- Published: 2022-02-04T14:59:55.000Z
- Updated: 2023-08-11T14:50:53.000Z
- Description: Here are the latest news from Sweden's startup and tech sector, plus some interesting reads and news.
- Author: Martin Weigert
- Tags: Daily (PRO), Northvolt, flip n bid, Candela, brilliant minds, plejd, Norrsken Accelerator

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.

💡

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/)!

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

- Swedish startup [Northvolt](https://northvolt.com/) and Volvo Cars pick Gothenburg for their new battery plant, which will create up to 3,000 jobs ([English](https://www.reuters.com/technology/northvolt-volvo-cars-pick-gothenburg-new-gigafactory-2022-02-04/), [Swedish](https://www.realtid.se/northvolt-bygger-batterifabrik-i-goteborg)).
- [Flip N Bid](https://flipnbid.se) is a newly launched Stockholm-based peer-to-peer marketplace for sneakers, founded by Annis Said and Mohammed Saleh ([Swedish](https://www.ehandel.se/de-skapar-aktiemarknad-for-dojor-ett-avanza-for-sneakers), no machine translation available).
- [Candela](https://candela.com/), Stockholm-based manufacturer of long-range electric boats, is about to launch in New Zealand, a market with "the highest rates of recreational boating per capita" ([English](https://electrek.co/2022/02/03/candelas-flying-electric-speed-boats-are-expanding-further-around-the-world/)).
- Brilliant Minds is partnering with the Norrsken Impact Accelerator for a pitch event that'll take place during the invite-only tech conference, looking for early/seed-stage startups doing tech for good & sustainability, based in Sweden, launched within the past 3 years ([English](https://brilliantminds.co/brilliant-innovators/)).
- Following the pandemic boom, Swedish online retailers are now rather pessimistic about the near future, according to PriceRunner's latest "E-Handlarindex" ([Swedish](https://www.di.se/digital/rekorddystra-siffror-fran-svensk-e-handel/), [machine translation](https://www-di-se.translate.goog/digital/rekorddystra-siffror-fran-svensk-e-handel/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=sv&%5Fx%5Ftr%5Fpto=wapp)).
- [Plejd](https://www.plejd.com), Gothenburg-based maker of smart connected lighting solutions, released its earnings report, showing sales of SEK326M for 2021, an increase of 56% compared to 2020, and a profit (EBIT) of SEK53M ([Swedish](https://mb.cision.com/Main/13880/3498450/1529675.pdf)).
- 🎧 Sorosh Tavakoli, co-founder and CEO of [Stockeld Dreamery](https://www.stockeld.com/), talks about the plant-based cheese maker's progress and the state of Swedish foodtech ([Swedish](https://www.dagensmedia.se/alla-nyheter/under-15/foodtech-entreprenoren-sorosh-tavakoli-det-finns-otroligt-potential-i-gron-mat/), *15 minutes*).

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

- Tiger Global kicked off the new year with 11 investments in European startups during January, outpacing every other VC and investment firm ([English](https://tech.eu/research/47755/the-year-of-tiger-global-the-investment-firms-crazy-intensive-start-of-the-year/)).
- Over 500 mobile apps are now using the term ‘metaverse’ to attract new users ([English](https://techcrunch.com/2022/02/03/over-500-mobile-apps-are-now-using-the-term-metaverse-to-attract-new-users/)).

**Other interesting things from Sweden**

- A medieval ship was found off the west coast of Sweden ([English](https://www.gu.se/en/news/medieval-ship-found-off-the-west-coast-of-sweden)).

+++

That's it for today.