> ## 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 January 9, 2023: Posterton, C-Green, Omocom, Anyfin, CAKE and more - URL: https://www.swedishtechnews.com/news-jan-9-2023/ - Published: 2023-01-09T16:00:18.000Z - Updated: 2023-09-24T14:43:46.000Z - Description: Here are today's news from Sweden's startup and tech sector, sent as daily email newsletter exclusively to subscribers of Swedish Tech News. - Author: Martin Weigert - Tags: Daily (PRO), posterton, omocom, Anyfin, cake, C-Green, this group Here are today's news from Sweden's startup and tech sector, 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/)! The first full "back to work" week in 2023 is starting a bit slow. No announced funding news today. ### Mergers & acquisitions - [Posterton](https://posterton.eu/) (Stockholm, online store for posters) is being acquired by the Swedish holding company [THis Group](https://thisgroup.se/) for SEK65M (€5.8M, $6.2M) in stock, plus additional cash ([English](https://thisgroup.se/cision/this-less-is-more-group-ab-publ-acquires-posterton-ab/), [Swedish](https://www.breakit.se/artikel/35552/posterton-slukas-av-foretagsgrupp-som-siktar-pa-notering)). ### News from Swedish startups, the tech sector and VCs - Stockholm-based startup [C-Green](https://www.c-green.se/), which develops technology to convert wet biowaste into solid hydrochar, signed a cooperation agreement with the environmental company [Ragn-Sells](https://www.ragnsells.se/), with the goal of establishing 8–10 C-Green biorefineries in the coming years. The first facility will be located outside Norrköping and become operational in 2023 ([English](https://www.c-green.se/newsroom/ragn-sells-and-c-green-collaborate-on-circular-sludge-management)). - [Omocom](https://www.omocom.insurance), Stockholm-based provider of on-demand microinsurance for the circular economy, has received approval to offer its services in the UK, the company's 14th market ([English](https://www.omocom.eu/post/insurtech-company-omocom-hits-huge-milestone-with-uk-launch-in-2023-1?lang=en), [Swedish](https://www.techarenan.news/2023/01/05/omocom-forsakring-insurance-uk-blocket-circular-investors-founders/)). - [Anyfin](https://anyfin.com), Stockholm-based consumer finance app which is available in Sweden and 3 other European countries, says its app has been downloaded 1 million times ([English](https://www.linkedin.com/posts/anyfin%5F1-million-downloads-activity-7018192043759849472-fuCP/)). - From the "eat your own dogfood" department: Sinje Gottwald, who works in Barcelona for Swedish electric motorcycle startup [CAKE](https://ridecake.com), is crossing the African Continent on one of the company's motorcycles ([English](https://thepack.news/sinje-gottwald-is-crossing-the-african-continent-on-a-kalk-ap-part-1/)). ### Other interesting things from the startup/VC world & beyond - North American startup investment fell by a whopping 63% in Q4 2022 compared to Q4 2021 ([English](https://news.crunchbase.com/venture/north-american-startup-funding-q4-2022/)). Also: The US startup M&A market in Q4 2022 was one of the quietest in the last 20 years. It rivals the dotcom bust & Global Financial Crisis for its paucity ([English](https://tomtunguz.com/ma-market-2022/)). - OpenAI is reportedly in talks to sell existing shares in a tender offer that would value the company at around $29B ([English](https://www.wsj.com/articles/chatgpt-creator-openai-is-in-talks-for-tender-offer-that-would-value-it-at-29-billion-11672949279) / *WSJ paywall*, [alternative URL](https://archive.is/SexNG)). - A list of impressive things accomplished by small teams ([English](https://stevepulec.com/posts/small/)). ### Other interesting things related to Sweden - AI-based digital twin technology will be used in Swedish schools to simulate the effect of initiatives and measures aimed at preventing bullying ([Swedish](https://www.techarenan.news/2023/01/09/friends-mobbning-digital-tvilling-svensk-skola-ai-tech-maja-frankel/), [machine translation](https://www-techarenan-news.translate.goog/2023/01/09/friends-mobbning-digital-tvilling-svensk-skola-ai-tech-maja-frankel/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - Only around 10 percent of the plastic that is thrown away in Sweden is recycled into new plastic. The rest is burned to become energy – contributing to 8% of Sweden's climate emissions ([Swedish](https://www.svt.se/nyheter/inrikes/plasten-samlas-in-for-att-eldas-upp), [machine translation](https://www-svt-se.translate.goog/nyheter/inrikes/plasten-samlas-in-for-att-eldas-upp?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - After Russia's invasion of Ukraine last year, usage of cash notes in Sweden went up by almost 8 percent, which is the biggest increase in over 20 years ([English](https://sverigesradio.se/artikel/more-swedes-used-cash-after-russias-invasion-of-ukraine)). +++ That's it for today.