News July 28, 2022: CellRebel, Bluedot Crypto, Loppla, Doconomy, VOI and more

Here is today's curation of news from Sweden's startup and tech sector, exclusively for subscribers of Swedish Tech News.

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Mergers & acquisitions

  • CellRebel (Helsingborg, provider of mobile networks analytics) was acquired by US-based provider of network intelligence and connectivity insights Ookla. Financials were not disclosed (English).

Funding news

  • Bluedot Crypto (Stockholm, upcoming crypto exchange): SEK20M (€2M, $2M) from undisclosed, mostly international investors. The startup plans to raise a larger SEK200M round in early 2023 (Swedish, machine translation).

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News from Swedish startups, the tech sector and VCs

  • Spotify revealed that it paid a combined €291M ($295M) for its recent acquisitions of Findaway, Podsights, Chartable, and Sonantic (English).
  • Loppla, founded by Maria Wiberg and Emma Perning, is a newly launched classifieds site for online garage sales, through which unwanted items can be sold and bought in bulk (Swedish, machine translation).
  • Doconomy, Stockholm-based creator of climate-friendly fintech solutions, has signed a strategic partnership with German green power provider LichtBlick, as part of which Doconomy's "Lifestyle calculator" will be integrated into LichtBlick's new consumer app (English).
  • 🎧 Swedish tech companies are negatively affected by long processing times at the Migration Agency, according to a report by Swedish Radio (English, 2 minutes).

Swedish tech earnings reports

  • VOI (Stockholm, e-scooter provider) generated revenue of SEK927M (€88M, $89M) in 2021, an increase of 140% compared to 2020. Growth drivers were the German and UK markets. Operating loss doubled from -SEK436M in 2020 to -SEK886M in 2021 (Swedish, machine translation).

Other interesting things from the startup/VC world & beyond

  • European online fashion retail giant Zalando with headquarter in Berlin, is secretly working on an expansion into the US, which is expected to happen in 2023 (German, machine translation).
  • In climate tech and critical infrastructure software, Private Equity exits are becoming more frequent (English).
  • Sweden’s GDP increased by 1.4% in Q2 2022 (English).
  • As of September 1, people riding e-scooters on sidewalks in Sweden are risking fines (Swedish, machine translation).
  • The Lonely Planet guide to trail running in Sweden (English).
  • Swedes abroad can start voting as of today (English).


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: