News June 17, 2024: Minso Solutions, Atium, Big Akwa, Sparly, Flexotrap, Lanetalk, E-Watercraft, new SSE Business Lab startups, Polar, Midday, Pirr, Treebula, Katla Aero, Fedelta, CoSafe, and more

Here are today's news from Sweden's startup and tech sector, exclusively for you as subscriber of Swedish Tech News PRO.

Mergers & acquisitions

  • Minso Solutions (Borås; SaaS solutions for research organisations, such as grant providers, foundations and universities, founded 2012) is being acquired by Nordtech, the Stockholm-based acquirer of niche software companies, for an undisclosed amount (Swedish, machine translation). Minso was founded by a team surrounding Tommy Billhult and did not raise outside funding. 📊 For 2023, Minso reported net revenue of SEK14.6M, and a net financial result of SEK4.4M.

Funding news

⬜️ publicly traded

As subscriber of Swedish Tech News PRO you have access to the exclusive, daily updated Google Sheets which include:
・All funding rounds
・New Swedish tech startups
・Bankruptcies and shutdowns
  • Atium (Gothenburg, technology for effective and cost-efficient removal of mercury from water, founded 2018): SEK6.7M (€600, $640K) from new investors Butterfly Ventures, NextSTEP, GOKAP Invest, and 5J Holding. Existing investors Chalmers Ventures and Gladium also participated (English, Swedish). Atium previously registered around SEK2.8M in equity funding with Bolagsverket, among others from Stena New Ventures.
  • Big Akwa (Härnosand; land-based fish farming system, which will function in industrial symbioses with other enterprises, founded 2020): SEK6M (€530K, $570K) in a mix of equity, debt, and grant funding, from unspecified new and existing investors. The capital infusion will be used to continue the pre-construction phase for the startup's industrial-scale facility (English). The equity portion amounts to around SEK2.1M, raised at a pre-money valuation of SEK53.2M, according to data registered with Bolagsverket (sourced via Eivora). Among previous investors are Sparbanksstiftelsen Norrlands Riskkapitalstiftelse and Almi Invest.
  • Sparly (Stockholm, mobile app for creating positive financial habits through microcourses and rewards, founded 2020): SEK1.5M (€90K, $95K) from angel investors including Daniel Kjellén, Peter Strömberg, Bobby Weijmar, and Björn Mattson (English). This includes the SEK500K in equity funding which I covered in April, while the round was ongoing. The pre-money valuation was SEK15M, according to data registered with Bolagsverket (sourced via Eivora). No previous equity funding has been registered.
  • Flexotrap (Lund, modular bullet trapping system for shooting facilities, founded 2023): undisclosed amount from angel investor Andreas Wiman. No previous equity funding has been registered (English). ℹ️ Company details added on December 13, 2023 to the early-stage startup tracker page, and to the "new startups" Google Sheet.
  • Update on the €1.6M pre-seed funding round raised by Southern Lights and announced on March 21: The pre-money valuation was SEK61.5M, according to data just registered with Bolagsverket.

Unannounced funding

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: