> ## 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 17, 2023: Nextory, Vembla, Metry, Klarna, Greenely, Swish, Avanza, Safello, Rider's Position and more - URL: https://www.swedishtechnews.com/news-june-17-2022/ - Published: 2022-06-17T14:35:03.000Z - Updated: 2023-07-21T11:42:28.000Z - 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: vembla, Daily (PRO), metry, Klarna, Greenely, Swish, Avanza, Safello, rider's position, nextory 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/)! **Funding news** - [Nextory](https://www.nextory.se/) (Stockholm, audiobook and e-book subscription service): SEK100M (€9.4M, $10M) in a funding round led by existing investors Industrifonden, Acacia and LK Finans, reportedly at a valuation of SEK1.2B, for the European expansion ([Swedish](https://www.di.se/digital/nextory-skjuter-pa-borsplaner-tar-in-100-miljoner/) / *DI Digital paywall*, [Swedish #2](https://www.swedbank-aktiellt.se/telegram/khfh0anc), [machine translation](https://www-swedbank--aktiellt-se.translate.goog/telegram/khfh0anc?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - [Vembla](https://www.vembla.se/) (Stockholm, instant hyper-local grocery home delivery): SEK5M (€460K, $500K) through equity crowdfunding from 360 investors ([Swedish](https://www.breakit.se/artikel/33440/last-mile-bolaget-fick-in-5-miljoner-fran-senaste-kapitalresningen), [machine translation](https://www-breakit-se.translate.goog/artikel/33440/last-mile-bolaget-fick-in-5-miljoner-fran-senaste-kapitalresningen?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). - [Metry](https://metry.io) (Gothenburg, energy data platform to help building owners become more energy efficient): undisclosed amount from SEB Greentech VC ([English](https://sebgroup.com/press/news/2022/seb-greentech-vc-acquires-stake-in-company-that-measures-energy-data), [Swedish](https://www.realtid.se/seb-greentech-vc-gar-in-i-bolag-som-mater-energidata/)). - Volvo Energy invests SEK50M (€4.7M, $5M) in the UK-based, second-life battery energy storage specialist [Connected Energy](https://c-e-int.com/), and secures a 10% stake in the company ([English](https://news.cision.com/ab-volvo/r/volvo-energy-invests-in-connected-energy-for-second-life-battery-business,c3587144), [Swedish](https://www.dagensinfrastruktur.se/2022/06/17/volvo-energy-investerar-i-connected-energy-for-verksamhet-i-andralivs-batterier/)). \>> 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** - The valuation keeps dropping: [Klarna](http://www.klarna.com) is reportedly discussing raising cash at a valuation around $15B, down from 2021’s near $46B ([English](https://www.wsj.com/articles/fintech-giant-klarna-slashes-fundraising-ambition-11655417674) / *WSJ paywall*, [alternative URL](https://archive.ph/QCatg), [Swedish](https://www.realtid.se/klarna-overvager-nytt-kapital-till-en-betydligt-lagre-vardering/)). - [Greenely](https://greenely.com/), Stockholm-based next-generation household energy platform, reached its equity crowdfunding goal of €1.5M within 24 hours of launching the campaign. It will run for 13 more days ([English](https://www.crowdcube.com/companies/greenely-ab/pitches/ZNEE4l)). - Ubiquitous p2p payment app [Swish](https://www.swish.nu/) hit the milestone of 8 million users in Sweden, which represents 77% of the country's population ([English](https://www.swish.nu/newsroom/news/historical-milestone-for-swish-now-more-than-8-million-users), [Swedish](https://www.realtid.se/historisk-milstolpe-for-swish/)). - [Avanza](https://www.avanza.se/), one of Sweden's 2 major finance and broker apps, is cancelling the process to evaluate a collaboration with Swedish crypto exchange [Safello](https://safello.com/) to integrate crypto services. The potential partnership was announced in March, but now the broker says it wants to awaiting further regulation of the cryptocurrency market ([English](https://news.cision.com/safello/r/the-examination-of-a-potential-partnership-between-avanza-and-safello-regarding-crypto-assets-is-can,c3587085), [Swedish](https://www.realtid.se/avanza-skrotar-planer-pa-samarbete-med-safello/)). - [Rider's Position](https://ridersposition.com/), Uppsala-based horsetech startup, launched an iOS app which tracks how the rider moves in the saddle, and lets them purchase an objective analysis with written feedback on their seat ([English](https://www.techarenan.news/2022/06/17/swedish-horsetech-startup-launches-new-app-to-analyze-riders-seat/)). **Other interesting things from the startup/VC world & beyond** - As a VC, earning the right to be contrarian ([English](https://crossstack.substack.com/p/earning-the-right-to-be-contrarian)) - The hardest part about SaaS companies, at each stage ([English](https://www.saastr.com/hardest-part-saas-companies-stage/)). **Other interesting things related to Sweden** - At Sweden's new [Holocaust Museum](https://museumforintelsen.se/), survivors will be able to respond to schoolchildren's questions for generations - as a digital version themselves ([Swedish](https://news.cision.com/se/sveriges-museum-om-forintelsen/r/sveriges-museum-om-forintelsen-oppnar-digitalt---varldspremiar-for-dimensions-in-testimony-sverige,c3585504), [machine translation](https://news-cision-com.translate.goog/se/sveriges-museum-om-forintelsen/r/sveriges-museum-om-forintelsen-oppnar-digitalt---varldspremiar-for-dimensions-in-testimony-sverige,c3585504?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). +++ That's it for today.