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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- Acamp (Stockholm, campsite marketplace): SEK25M (€2.4M, $2.7) in a funding round led by Spintop Ventures, with participation from LRF Ventures as well as existing investor Centripetal Capital (English, Swedish).
- petgood, formerly FUNCiFUR (Stockholm, producer and seller of insect-based dog food): SEK19M (€1.8M, $2.1M) from Course Corrected and angel investors (English, Swedish).
News from Swedish startups, the tech sector and VCs
- Volta Greentech, Stockholm-based startup creating feed supplement for cows from seaweed to reduce methane emissions, is gearing up to build a full-scale factory in Sweden after a successful pilot at a beef farm. For that, the company plans to raise further funds this year (English / if paywalled: alternative URL , Swedish).
- Some details on what the €2.1B lawsuit against Google means for PriceRunner - and Klarna, which currently is in the process of acquiring the shopping comparison site (Swedish, machine translation).
- Spotify has reportedly agreed on a sponsoring deal with FC Barcelona worth €280M ($300M) over 3 years (English). And since nothing Spotify-related seemingly can be drama-free these days, Barcelona's CEO has resigned, reportedly in part over disagreements related to this sponsoring deal (English).
- Qliro, payments solution for e-commerce and financial services provider for consumers, published its year-end report. The Stockholm-based company increased its total operating income by 6% to SEK403.5M in 2021 (English).
- 📺 Stockholm-based flying car developer Jetson released a video showing its $92K eVTOL taking off and flying around (English, Swedish).
- 📺 A fireside chat with Emil Eifrem, founder and CEO of Malmö-founded graph database firm Neo4j (English, 35 minutes).
Other interesting things from the startup/VC world & beyond
- Dutch investment firm Polestar Capital has announced the launch of Europe’s biggest circular economy fund. It opened at €100M and is expected to grow to €400M within a year (English / if paywalled: alternative URL).
- Most startup teams have a few NFPs - “non-fungible people” (English).
- Extensive analysis on the future of "solo capitalists" (English).
Other interesting things from Sweden
- Forget the Big Mac index, here is the Tesla Model 3 index - and Sweden ranks #3 in the world where the EV is most expensive, only beaten by Singapore and Israel (English).
- Visitors to Sweden from Nordic and EU/EEA countries no longer need to show proof of a Covid-19 vaccination or a negative Covid test (English).
- Scandinavian Airlines (SAS) will begin direct service to Toronto (YYZ) in June from Stockholm and Copenhagen with the new Airbus A321LR aircraft (English).
That's it for today.