> ## 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 June 16, 2022: Zcooly, Lysa, Kavall, Happie Camp, Truecaller, Aline, Spotify, Readly, Amazon and more - URL: https://www.swedishtechnews.com/news-june-16-2022/ - Published: 2022-06-16T15:00:44.000Z - Updated: 2023-09-24T14:59:39.000Z - 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), peppy pals, lysa, Kavall, Happie Camp, Truecaller, aline, Spotify, readly, amazon, zcooly, SEB Venture Capital, ramsbury, Nordic Angels, Bring Ventures, Södra Ädla, exits 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** - [Zcooly](https://zcooly.com/) (Gothenburg, game-based learning app for children) acquires Stockholm-based company [Peppy Pals](https://peppypals.com/), creator of apps and books that nurture children's social & emotional intelligence (EQ) through story-telling. Financials were not disclosed ([Swedish](https://www.breakit.se/artikel/33417/scooly-vill-lara-barn-matte-genom-att-spela-nu-slukar-de-peppy-pals-ska-bli-europas-framsta), [machine translation](https://www-breakit-se.translate.goog/artikel/33417/scooly-vill-lara-barn-matte-genom-att-spela-nu-slukar-de-peppy-pals-ska-bli-europas-framsta?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). **Funding news** - [Lysa](https://lysa.se/) (Stockholm, robo advisor): SEK350M (€33M, $34M) in a funding round led by Nicklas Storåkers, with participation from SEB Venture Capital and Ramsbury ([English](https://nordic9.com/news/lysa-in-a-sek-350-million-equity-raise-backed-by-nicklas-storakers-seb-and-ramsbury/), [Swedish](https://www.realtid.se/lysa-tar-in-350-miljoner/)). - [Kavall](https://kavall.co) (Stockholm, hyper-local rapid grocery delivery service): SEK22M (€2.1M, $2.2M) from Nordic Angels and Bring Ventures ([English](https://nordic9.com/news/kavall-adds-nordic-angels-and-bring-ventures-in-the-captable-in-a-sek-22-million-equity-deal/), [Swedish](https://www.di.se/digital/ash-pournouri-satsar-pa-blixtsnabba-hemleveranser/)). - [Happie Camp](https://www.happiecamp.com/) (Karlstad, online service for booking accommodation in pre-rigged camps along the Swedish countryside): SEK6M (€560K, $580K) from Södra Ädla and other undisclosed investors ([English](https://arcticstartup.com/sodra-adla-invests-in-happie-camp/)). \>> 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** - [Truecaller](http://www.truecaller.com) is the new main sponsor of AIK, one of Stockholm's 3 mayor football teams ([English](https://www.marketscreener.com/quote/stock/TRUECALLER-AB-PUBL-127708984/news/Truecaller-new-official-main-partner-for-AIK-Football-wants-to-make-a-difference-in-society-40739497/)). [Here's a photo](https://twitter.com/AlanMamedi/status/1537388474088804352) of co-founder and CEO Alan Mamedi in the new jersey. - [Aline](https://www.alinebetter.com), Stockholm-based learning experience platform co-founded and led by Innocent Mugenga, was selected by Google for Startups for its [second Black Founders Fund in Europe](https://www.campus.co/europe/black-founders-fund/), "out of 700+ applicants", according to co-founder and CEO Innocent Mugenga. Aline will receive $100K in equity-free cash and up to $200K in Cloud Credits ([English](https://www.linkedin.com/posts/innocentmugenga%5Ffundblackfounders-activity-6943105704283025408-IZFH/)). - [Spotify](http://www.spotify.com) will reduce hiring by 25 percent ([English](https://www.theverge.com/2022/6/15/23169839/spotify-reduce-hiring-25-percent-recession-netflix-twitter)). - [Readly](https://readly.com), Växjö-based subscription service for digital magazines, is integrating podcasts associated with magazines from selected publishers into its offering ([Swedish](https://www-breakit-se.translate.goog/artikel/33431/readly-satsar-pa-podcasts?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp), [machine translation](https://www-breakit-se.translate.goog/artikel/33431/readly-satsar-pa-podcasts?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - Amazon is bringing its "Prime Day" to Sweden on July 12 and 13 ([Swedish](https://www.mynewsdesk.com/se/amazonsverige/pressreleases/nu-kommer-amazon-prime-day-till-sverige-3189424), [machine translation](https://www-mynewsdesk-com.translate.goog/se/amazonsverige/pressreleases/nu-kommer-amazon-prime-day-till-sverige-3189424?%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** - The VC firm [True Global Ventures 4 Plus](https://www.tgv4plus.com/), which lately invested in several Swedish web3 startups and is headquartered in Singapore, announced the closing of a $146M "follow-on" fund for web3 investments ([English](https://cointelegraph.com/news/true-global-ventures-doubles-down-on-web3-with-146m-follow-on-fund)). - What should startup employees do with options during a downturn? (US-centric regarding taxation, but possibly still an informative read) ([English](https://every.to/p/what-should-you-do-with-your-options-during-a-downturn)). **Other interesting things related to Sweden** - Sweden drops from #2 to #4 in this year's World Competitiveness Ranking by the IMD Business School. Denmark overtakes Switzerland as new champion ([English](https://www.bloomberg.com/news/articles/2022-06-15/danes-overtake-the-swiss-as-world-s-most-competitive-nation#xj4y7vzkg) / *Bloomberg paywall*, [alternative URL](https://archive.ph/1APpZ#selection-3481.107-3481.177)). - Swedish estate agents call a buyer’s market ([English](https://www.thelocal.se/20220616/dramatic-shift-swedish-property-market-now-a-buyers-market/) / *The Local paywall*, [alternative URL](https://archive.ph/VYAWq)). +++ That's it for today.