> ## 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 July 18, 2022: Acast, MOVS, Kavalri Games, Stark Future, Zimpler, Bärta and more - URL: https://www.swedishtechnews.com/news-july-18-2022/ - Published: 2022-07-18T15:00:05.000Z - Updated: 2023-08-16T14:03:16.000Z - 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), movs, kavalri games, stark future, Zimpler, bärta, Appspotr, albert, anton wass, Acast, svea bank, Jula Holding, amplifier game invest, 1-fits-all Here is today's curation of news from Sweden's startup and tech sector. 💡 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 - [Acast](https://acast.com/) (Stockholm, podcasting platform) is acquiring US-based startup [Podchaser](https://www.podchaser.com/), described as "world’s most comprehensive and authoritative podcast database". Acast pays $27.2M in a mix of cash (85%) and newly issued shares. The deal also includes potential add-ons of up to $6.8M based on an earnout ([English](https://investors.acast.com/press-releases/acast-acquires-podchaser-the-worlds-most-comprehensive-podcast-database?utm%5Fcampaign=podnews.net%3A2022-07-18&utm%5Fmedium=rss&utm%5Fsource=podnews.net), [Swedish](https://www.realtid.se/acast-koper-podcastdatabas/)). ### Funding news - [MOVS](https://movsclub.com/) (Stockholm, subscription service for bikes, e-bikes, e-scooters and e-mopeds): SEK45M (€4.3M, $4.3M) from Svea Bank, Jula Holding and existing investors, at a valuation of SEK200M, for the European expansion ([Swedish](https://www.di.se/digital/vassla-grundarens-pendlingsbolag-tar-in-45-miljoner-bank-med-pa-taget/), [machine translation](https://www-di-se.translate.goog/digital/vassla-grundarens-pendlingsbolag-tar-in-45-miljoner-bank-med-pa-taget/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - [Kavalri Games](https://www.kavalrigames.com/) (Stockholm, game studio focused on horse games): SEK7M (€660K, $660K) from existing investors Amplifier Game Invest and Coffee Stain Studios. This financing was raised in February 2022 but hasn't been announced until now ([Swedish](https://www.breakit.se/artikel/33740/deras-hastspel-equestrian-har-laddats-ned-over-en-miljon-ganger-backas-av-flera-tungviktare), [machine translation](https://www-breakit-se.translate.goog/artikel/33740/deras-hastspel-equestrian-har-laddats-ned-over-en-miljon-ganger-backas-av-flera-tungviktare?%5Fx%5Ftr%5Fsl=sv&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). \>> Daily updated, subscriber-exclusive Google sheet with all funding rounds raised by private Swedish startups and scaleups. [Request access](https://docs.google.com/spreadsheets/d/1a4JfphPOita15GMQBONzOHQwtkClDHubEkMkpF1b8eM/edit?usp=sharing). ### News from Swedish startups, the tech sector and VCs - Swedish entrepreneur Anton Wass co-founded Barcelona-based next-generation electric motorcycle startup [Stark Future](https://starkfuture.com/), which is gearing up for production of its first motocross bike - for which the company has 13,000 pre-orders ([Swedish](https://www.breakit.se/artikel/33674/bestallningar-pa-over-en-miljard-men-nu-maste-han-borja-leverera-sjalv-ar-han-kolugn), [machine translation](https://www-breakit-se.translate.goog/artikel/33674/bestallningar-pa-over-en-miljard-men-nu-maste-han-borja-leverera-sjalv-ar-han-kolugn?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - [Zimpler](https://www.zimpler.com/), Stockholm-based provider of account-to-account payment solutions for merchants, is launching in Norway – the company's 8th market ([English](https://www.finextra.com/pressarticle/93410/swedens-zimpler-launches-in-norway), [Swedish](https://www.realtid.se/zimpler-expanderar-till-norska-marknaden/)). - [Bärta](https://swedishtemptations.com/#varldens-basta-arta), Karlshamn-based foodtech startup producing pea-based vegan and organic foods, is running an [equity crowdfunding campaign](https://www.pepins.com/en/companies/pagaende-nyemissioner/barta) aiming to raise SEK11M-SEK15M, and has received additional commitments from existing investors Kale United and Almi Invest ([Swedish](https://www.dagensps.se/bors-finans/emissioner/veganska-utmanaren-siktar-pa-15-miljoner/), [machine translation](https://www-dagensps-se.translate.goog/bors-finans/emissioner/veganska-utmanaren-siktar-pa-15-miljoner/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). ### Swedish tech earnings reports - [Appspotr](https://www.appspotr.com/) (Gothenburg, low-code app builder): [Swedish](https://investor.appspotr.com/pressmeddelanden/?releaseIdentifier=476A093E9398BA2A), [machine translation](https://investor-appspotr-com.translate.goog/pressmeddelanden/?releaseIdentifier=476A093E9398BA2A&%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp). - [Albert](https://hejalbert.se/) (Gothenburg, digital learning subscription service for kids and teens): [Swedish](https://www.affarsvarlden.se/artikel/albert-okar-omsattning-men-aven-forlusten-under-andra-kvartalet), [machine translation](https://www-affarsvarlden-se.translate.goog/artikel/albert-okar-omsattning-men-aven-forlusten-under-andra-kvartalet?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp). ### Other interesting things from the startup/VC world - Stripe is the latest fintech to falter, taking a 28% internal valuation cut ([English](https://techcrunch.com/2022/07/14/stripe-fintech-payments-valuation-cut-28/)). - Tiger Global: The poster child of the tech meltdown ([English](https://nymag.com/intelligencer/2022/06/tiger-global-poster-child-of-the-tech-meltdown.html)). ### Other interesting things related to Sweden - "We need energy for more useful things than Bitcoin, to be honest. We are moving from a period of administration to an extreme expansion where our entire manufacturing industry is seeking to electrify", says Sweden's Energy Minister Khashayar Farmanbar ([English](https://www.bloomberg.com/news/articles/2022-07-17/sweden-prefers-steel-over-bitcoin-miners-as-power-gets-scarce) / *Bloomberg paywall*, [alternative URL](https://archive.ph/noLQx#selection-3521.1-3521.236)). - 10 years ago, researchers at Umeå University discovered a tree on Fulufjället in Sweden near the border with Norway that turned out to be 9 500 years old – likely the world's oldest tree ([English](https://sciencenorway.no/dna-forests-trees/worlds-oldest-tree-still-growing-near-the-norwegian-swedish-border/2037756)). - As of August 1, operators in Sweden are required by law to register personal customer data before activating a new prepaid SIM card, as a measure intended to fight organized crime ([Swedish](https://www.svd.se/a/RrkJ8a/anonyma-kontantkort-forbjuds-ska-registreras), [machine translation](https://www-pts-se.translate.goog/sv/nyheter/telefoni/2022/anonyma-kontantkort-inte-tillatet-efter-1-augusti-2022/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). ### End note Swedish Tech News [now has a neat tag-based search feature](https://www.swedishtechnews.com/#/search). You can use it to quickly find news from a specific Swedish startup or tech company. The archive goes back to early 2022 when I started Swedish Tech News. +++ That's it for today.