> ## 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 24, 2022: Epidemic Sound, Sesamy, Qick, Sana Labs, Northvolt, Truecaller, Nordnet and more - URL: https://www.swedishtechnews.com/news-july-24-2022/ - Published: 2022-07-24T07:19:14.000Z - Updated: 2024-09-19T20:42:20.000Z - 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), Sesamy, måns ulvestam, Karl Rosander, qick, Northvolt, Truecaller, Nordnet, epidemic sound Here is today's curation of news from Sweden's startup and tech sector. I didn't send out a newsletter on Friday because I simply didn't have enough significant news. But thanks to Dragos Novac's weekly [Sunday CET newsletter](https://nordic9.com/knowledge/content/newsletter/the-vc-model-at-scale/), I stumbled about 2 news which I had missed. So here is a special Sunday issue of Swedish Tech News instead, because I want you to start into the coming week well informed! 💡 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 - [Epidemic Sound](https://www.epidemicsound.com/), Stockholm-based music licensing provider for creators, is suing Facebook and Instagram owner Meta, demanding at least $142M in damages for alleged copyright infringement ([English](https://www.hypebot.com/hypebot/2022/07/facebook-instagram-hit-with-massive-music-copyright-lawsuit.html)). - The Acast founders Måns Ulvestam and Karl Rosander see a middle ground between full subscriptions and micropayments. According to this profile of their 1 year old pay-as-you-go content service [Sesamy](https://sesamy.com/) (which currently focuses on audiobooks and e-books), they eventually also plan to launch a "smart paywall" software for publishers which will assess a visitor’s propensity to pay either just for an article or to push towards a subscription ([English](https://digitalcontentnext.org/blog/2022/07/22/they-revolutionized-podcast-advertising-now-theyre-coming-for-subscriptions/)). - Bootstrapped Örebro-based e-scooter provider [Qick](https://www.qickscooters.com/) has launched in Stockholm (source: my own eyes 😄). The company which until now focused on smaller Swedish cities, is 1 of the 8 providers which secured the necessary permit ([Swedish](https://www.orebronyheter.com/qick-etablerar-sig-i-stockholm/), [machine translation](https://www-orebronyheter-com.translate.goog/qick-etablerar-sig-i-stockholm/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - [Sana Labs](https://www.sanalabs.com/), Stockholm-based personalized learning platform, increased its ARR by 500% during the past 12 months. The user number is growing by 25% every month. The company is planning to open offices in London and New York to better support the already important UK and US markets ([Swedish](https://www.di.se/digital/genombrottsar-for-stjarninvesterarnas-alskling-vaxer-med-25-procent-per-manad/), [machine translation](https://www-di-se.translate.goog/digital/genombrottsar-for-stjarninvesterarnas-alskling-vaxer-med-25-procent-per-manad/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - Swedish battery maker [Northvolt](https://archive.ph/o/YRFvK/https://www.bloomberg.com/quote/1531142D:SS) is looking to make batteries that use carbon contained in wood sourced from Nordic forests to help lower environmental footprint and cost ([English](https://electrek.co/2022/07/22/wood-based-batteries-northvolt-is-working-to-develop-this-sustainable-material-technology/)). ### Swedish tech earnings reports - [Truecaller](https://www.truecaller.com/) (Stockholm, global platform for verifying contacts and blocking unwanted communication): [English](https://news.cision.com/truecaller-ab/r/second-quarter-2022--robust-business-and-financial-performance,c3604361), [Swedish](https://www.breakit.se/artikel/33787/mer-an-dubblad-omsattning-och-vinst-for-truecaller-inte-oroliga-for-det-ekonomiska-laget). - [Nordnet](https://www.nordnet.se) (Stockholm, digital savings and investments platform): [English](https://news.cision.com/nordnet/r/nordnet-publishes-its-second-quarter-2022-interim-report,c3603940). ### Other interesting things from the startup/VC world - A look at the H1 2022 investor appetite in Europe, based on the number of "dealers" (i.e. active investors) and their appetite (how many transactions they did) ([English](https://nordic9.com/knowledge/content/newsletter/the-vc-model-at-scale/)). - Consolidation in the European finance solutions space for SMEs and freelancers: France-based [Qonto](https://qonto.com/) is buying German competitor [Penta](https://getpenta.com). Terms were not disclosed ([English](https://tech.eu/2022/07/22/signalling-strong-confidence-in-the-european-market-qonto-to-acquire-penta/)). - Silicon Valley VC firm [Andreessen Horowitz](https://a16z.com/) (a16z) wrote about its new operating model: The firm "is moving to the cloud", working primarily virtually, "but can materialize physically on command" ([English](https://a16z.com/2022/07/21/a16z-is-moving-to-the-cloud/)). +++ That's it for today.