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# News July 7, 2022: Instabox, DH Anticounterfeit, Again, Hack your closet, Spotify, The Drop and more
- URL: https://www.swedishtechnews.com/news-july-7-2022/
- Published: 2022-07-07T15:00:01.000Z
- Updated: 2023-07-21T11:46:07.000Z
- 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), DH Anticounterfeit, Again, hack your closet, X Shore, Candela, Spotify, The Drop, instabox, swedbank robur, Innovum Invest, Halland Invest, Backstage Invest, Entreprenörinvest, Creandum

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

💡

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### Funding news

- [Instabox](https://instabox.io) (Stockholm, last-mile delivery and smart locker provider): SEK100M (€9.3M, $9.5M) via a convertible note from Swedbank Robur Alternative Equity ([English](https://news.cision.com/swedbank/r/swedbank-robur-alternative-equity-invests-in-instabox,c3597733), [Swedish](https://www.realtid.se/swedbank-roburs-nya-fond-tar-rygg-pa-hagstromer/)).
- [DH Anticounterfeit](https://www.dhanticounterfeit.com/) (Halmstad, SaaS solution for brand protection): SEK15M (€1.4M, $1.4M) from Innovum, Halland Invest, Backstage Invest and Entreprenörinvest ([Swedish](https://www.di.se/digital/hallandska-bolaget-skyddar-kanda-marken-fran-forfalskningar/), [machine translation](https://www-di-se.translate.goog/digital/hallandska-bolaget-skyddar-kanda-marken-fran-forfalskningar/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [Again](https://again.app/) (Stockholm, mobile app that encourages brands to reduce climate emissions in return for consumer data, while paying cash to consumers): undisclosed amount from angel investors such as Per Emanuelsson, Björn Melinder, Fredrik Granström, Lars Bergström and Tord Lendau ([English](https://nordic9.com/news/again-secured-angel-investment-from-swedish-backers/), [Swedish](https://www.breakit.se/artikel/33651/fintech-bolaget-again-passerar-6-miljoner-kortkop-plockar-in-soundtrap-grundarna-som-investerare)).
- In a follow-on investment, Creandum participated in a $120M Series C round raised by UK-based employee insurance provider [YuLife](https://yulife.com/) ([English](https://12ft.io/proxy?q=https%3A%2F%2Fsifted.eu%2Farticles%2Fyulife-insurance-120m-series-c%2F)).

\>> 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

- [Hack your closet](https://www.hackyourcloset.com/), Stockholm-based circular subscription service for clothes founded in 2019, has filed for bankruptcy. The company raised a total of around SEK24M (€2.2M, $2.3M) ([Swedish](https://www.breakit.se/artikel/33660/hack-your-closet-i-konkurs-formar-inte-betala-sina-skulder), [machine translation](https://www-breakit-se.translate.goog/artikel/33660/hack-your-closet-i-konkurs-formar-inte-betala-sina-skulder?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- Sifted profiles 5 European startups "building the Teslas of the sea", including 2 Swedish protagonists: [X Shore](https://xshore.com/) and [Candela](https://candela.com/) ([English](https://12ft.io/proxy?q=https%3A%2F%2Fsifted.eu%2Farticles%2Feuropean-electric-boat-startups%2F)).
- A major reason for why [Spotify](http://www.spotify.com) decided to become a sponsor of FC Barcelona (for reportedly $310M): The football team has particularly many supporters in Latin America and Asia, which are regions where Spotify grows rapidly, says Chief Freemium Business Officer Alex Norström ([Swedish](https://www.di.se/digital/spotify-om-miljardavtalet-med-fc-barcelona-vi-ska-jobba-kreativt/) / *DI Digital paywall*).
- [The Drop](https://www.thedropconf.com/) is a new climate tech conference organized by a collection of climate funds, local community initiatives and creative teams, that will take place in Malmö on September 21 2022 ([English](https://twitter.com/thedropconf/status/1544992664663347201?s=11&t=fmFCUAmD2LBGzQ9IMcdsCg)).

### Other interesting things from the startup/VC world

- San Francisco- and Berlin-headquartered VC firm [Headline](https://headline.com/) has raised its seventh European fund of €320M ($326M) to back European B2B and B2C startups from seed to Series A ([English](https://12ft.io/proxy?q=https%3A%2F%2Fsifted.eu%2Farticles%2Fheadline-vc-raises-320m%2F)).
- What’s it like to have one's startup acquired by one of the tech giants ([English](https://www.saastr.com/dear-saastr-whats-it-like-to-have-your-company-acquired-by-one-of-the-tech-giants/)).
- Lots of advice for tech folks in mid to senior roles on onboarding to a new role effectively ([English](https://eugeneyan.com/writing/onboarding/)).

+++

That's it for today.