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# News June 15, 2022: Flowbox, Proxify, tendmill, Tipser, Epidemic Sound, Repli5, Grafana Labs, Storytel, Safello, Sting and more
- URL: https://www.swedishtechnews.com/news-june-15-2022/
- Published: 2022-06-15T15:00:58.000Z
- Updated: 2023-08-17T18:00:04.000Z
- 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), Proxify, tipser, epidemic sound, Repli5, Grafana Labs, storytel, Safello, Sting, tendmill, flowbox, byWiT, Esmaeilzadeh Holding (EHAB), Holmströmgruppen

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

💡

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**Mergers & acquisitions**

- [Flowbox](https://getflowbox.com/) (Stockholm, SaaS visual marketing platform for brands) bought its Spanish competitor [Photoslurp](http://photoslurp.com). Financial terms were not disclosed ([English](https://news.cision.com/flowbox/r/flowbox-merges-with-photoslurp---forms-european-giant,c3585822), [Swedish](https://www.breakit.se/artikel/33405/saas-doldisen-flowbox-slukar-spanska-konkurrenten-photoslurp-bildar-europeisk-jatte-strategisk-sammanslagning) / *Breakit paywall*).

**Funding news**

- [Proxify](https://proxify.io/) (Stockholm, platform connecting developers with growing companies): SEK50M (€4.7M, $4.9M) from existing investor byWiT at a pre-money valuation of SEK900M ([Swedish](https://www.di.se/digital/jarnheimer-bolaget-nara-miljardvardering/), [machine translation](https://www-di-se.translate.goog/digital/jarnheimer-bolaget-nara-miljardvardering/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [tendmill](https://www.tendmill.com/) (Stockholm, solution to streamline public procurement in the food service industry): SEK7.5M (€700K, $740K) from among others Esmaeilzadeh Holding and Holmströmgruppen ([Swedish](https://finanstid.se/tendmill-tar-in-75-msek-rustar-for-nya-marknader/), [machine translation](https://finanstid-se.translate.goog/tendmill-tar-in-75-msek-rustar-for-nya-marknader/?%5Fx%5Ftr%5Fsl=auto&%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**

- [Tipser](https://tipser.co), Stockholm-based software solution to transform any content platform into an e-store, which in December 2021 was acquired by US-based checkout technology company [Bolt](https://www.bolt.com/), is reportedly laying off more than half of its workforce, according to Breakit ([Swedish](https://www.breakit.se/artikel/33406/tipser-koptes-upp-i-miljardaffar-nu-kapas-personalstyrkan-rejalt), [machine translation](https://www-breakit-se.translate.goog/artikel/33406/tipser-koptes-upp-i-miljardaffar-nu-kapas-personalstyrkan-rejalt?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [Epidemic Sound](https://www.epidemicsound.com/), Stockholm-based music licensing provider for creators, increased revenue in 2021 by 40% to SEK808M (€76M, $80M), with an EBITDA loss of -SEK53M but an improving margin. CEO Oscar Höglund says no further cash injection is needed ([Swedish](https://www.di.se/digital/eqt-s-musikjatte-vaxer-med-40-procent-lagger-locket-pa-om-borsen/) / *DI Digital paywall*).
- Gothenburg-based startup [Repli5](https://repli5.com/) builds software that automates the creation of synthetic data and digital twins in order to simplify the development of autonomous vehicles ([Swedish](https://www.mynewsdesk.com/se/chalmers-ventures/pressreleases/repli5-effektiviserar-ai-inlaerning-som-moejliggoer-sjaelvkoerande-fordon-3186952), [machine translation](https://www-mynewsdesk-com.translate.goog/se/chalmers-ventures/pressreleases/repli5-effektiviserar-ai-inlaerning-som-moejliggoer-sjaelvkoerande-fordon-3186952?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [Grafana Labs](https://grafana.com/), Stockholm- & New York-based observability platform, open sourced its on-call management tool for DevOps "OnCall" ([English](https://techcrunch.com/2022/06/14/grafana-open-sources-its-on-call-management-tool/)).
- [Storytel](https://www.storytel.com/), Stockholm-based audiobook and ebook subscription service, launched [Kazky.com](https://kazky.com/), a site offering free fairytales for Ukrainian children ([Swedish](https://press.storytel.com/post/storytel-lanserar-kazky-com-gratis-sagor-for-ukrainska-barn), [machine translation](https://press-storytel-com.translate.goog/post/storytel-lanserar-kazky-com-gratis-sagor-for-ukrainska-barn?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- The Swedish Financial Supervisory Authority closes its investigation of Swedish crypto exchange [Safello](https://safello.com/) in relation to money laundering and terrorist financing rules ([English](https://news.cision.com/safello/r/the-sfsa-closes-the-investigation-of-safello-in-relation-to-money-laundering-and-terrorist-financing,c3585887), [Swedish](https://www.di.se/digital/fi-skriver-av-granskning-av-kryptobolaget-safello/)).
- 12 Swedish startups pitched their ideas at the most recent Sting Demo Day ([Swedish](https://www.mynewsdesk.com/se/sting/pressreleases/12-framtidsbolag-pitchade-paa-sting-demo-day-3189121), [machine translation](https://www-mynewsdesk-com.translate.goog/se/sting/pressreleases/12-framtidsbolag-pitchade-paa-sting-demo-day-3189121?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- As of September 1, it will be prohibited to park e-scooters outside of specifically designated parking areas ([Swedish](https://www.dn.se/sverige/elsparkcyklar-forbjuds-parkera-pa-gang-och-cykelbanor/), [machine translation](https://www-dn-se.translate.goog/sverige/elsparkcyklar-forbjuds-parkera-pa-gang-och-cykelbanor/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

**Other interesting things from the startup/VC world & beyond**

- German VC firm [Project A Ventures](https://www.project-a.com/) raises $375M, its biggest fund ever to back best early-stage tech startups in Europe ([English](https://techfundingnews.com/project-a-ventures-clears-375m-its-biggest-fund-ever-to-back-best-early-stage-tech-startups-in-europe/)).
- Thoughts on the "right" order for the slides in a pitch deck ([English](https://techcrunch.com/2022/06/06/pitch-deck-order/)).

**Other interesting things related to Sweden**

- Swedish software engineer Simon Arledal [created a site](https://airportsecurity.se/) showing real time and historic airport security waiting times for the airports Stockholm, Arlanda and Gothenburg, Landvetter ([Swedish](https://feber.se/samhalle/hall-koll-pa-koerna-pa-arlanda-och-landvetter/439363/)).
- The car crash in which controversial Swedish artist Lars Vilks and 2 police officers were killed in October 2021 was an accident, concludes an investigation ([Swedish](https://www.svt.se/nyheter/lokalt/helsingborg/aklagare-lars-vilks-dodskrasch-var-en-olycka), [machine translation](https://www-svt-se.translate.goog/nyheter/lokalt/helsingborg/aklagare-lars-vilks-dodskrasch-var-en-olycka?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

+++

That's it for today.