News July 14, 2022: VOI, Google, Meta, Avanza and more

Here is today's curation of news from Sweden's startup and tech sector.

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News from Swedish startups, the tech sector and VCs

  • VOI is no longer a unicorn. Its biggest investor VNV Global wrote down the value of its VOI ownership significantly. The Stockholm-based e-scooter company is now valued at around SEK7B ($660M), down 31% since when VOI raised its Series D in the beginning of 2022 (Swedish, machine translation).
  • SEK160,000/month (€15,000, $15,000) was the average salary of Google employees in Sweden in 2021, an increase of 13.6% compared to 2020, based on calculations made by Breakit. Meta's average salary for its relatively few employees in Sweden rose 13.8% to SEK156,000/month (Swedish, machine translation).
  • EQT Ventures is looking for a tech lead for its Stockholm office (English).
  • Creandum published 5 key tips for a business plan model as well as an exemplary dummy model for a fictitious B2B SaaS business raising a Series A or later (English).

Swedish tech earnings reports

Other interesting things from the startup/VC world

  • A primer for executives outside of finance functions on reading a profit & loss statement (English).
  • Being laid off is traumatic for those affected. It's time to talk openly about it (English).
  • Swedish inflation rate rose to 8.5% in June 2022, up from 7.2 percent in May (English, Swedish).


That's it for today.

Martin Weigert

Martin Weigert

Martin is the founder of Swedish Tech News. Every day he spends many hours gathering and curating the latest from Sweden's startup & tech sector. Contact: