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# News June 27, 2022: Greenely, Countagen, WA3RM, Grön Golf and more
- URL: https://www.swedishtechnews.com/news-june-27-2022/
- Published: 2022-06-27T14:46:31.000Z
- Updated: 2023-07-21T11:44:03.000Z
- 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), Greenely, countagen, wa3rm, Klarna, grön golf, Almi Invest, EQT Foundation, Nicoya

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.   
  
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**Mergers & acquisitions**

- [Björn Lundén](https://www.bjornlunden.se/) (Näsviken, provider of financial software for SME and accountancy customers) acquires Denmark-based maker of time tracking and project management software [EazyProject](https://www.eazyproject.net) for an undiclosed amount ([Swedish](https://www.realtid.se/bjorn-lunden-koper-eazyproject-oppnar-en-ny-marknad/), no machine translation available).

**Funding news**

- [Greenely](https://greenely.com) (Stockholm, next-generation household energy platform): SEK70M (€6.6M, $7M) from undisclosed new and existing investors. This funding comes in addition to the current equity crowdfunding campaign ([Swedish](https://greenely.com/sv/nyheter/greenely-tar-in-70-miljoner/), [machine translation](https://greenely-com.translate.goog/sv/nyheter/greenely-tar-in-70-miljoner/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [Countagen](https://countagen.com/) (Stockholm, out-of-the-box gene editing analysis): SEK11.5M (€1.1M, $1.1M) from Almi Invest and unnamed angel investors ([Swedish](https://news.cision.com/se/almi-invest-ab/r/almi-invest-investerar-i-countagen-som-gor-det-enklare-att-redigera-gener,c3591788), [machine translation](https://news-cision-com.translate.goog/se/almi-invest-ab/r/almi-invest-investerar-i-countagen-som-gor-det-enklare-att-redigera-gener,c3591788?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [WA3RM](https://www.wa3rm.com/) (Malmö, developer of regenerative businesses based on industrial waste stream): undisclosed amount from EQT Foundation ([Swedish](https://www.mynewsdesk.com/se/wa3rm/pressreleases/eqt-foundation-investerar-i-wa3rm-3189285), [machine translation](https://www-mynewsdesk-com.translate.goog/se/wa3rm/pressreleases/eqt-foundation-investerar-i-wa3rm-3189285?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- Swedish food-tech investment company [Nicoya](https://www.nicoya.se/) led a €13M seed round raised by Finnish plant-based product manufacturer [Foodiq](https://www.foodiq.fi/) ([English](https://arcticstartup.com/foodiq-raises-e13m/)).

\>> 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**

- [Klarna](http://www.klarna.com)'s valuation could drop to as low as $10B during the planned fundraising round, reports the WSJ ([English](https://www.wsj.com/articles/klarnas-valuation-set-to-slip-bringing-fintech-star-down-to-earth-11656008601), *WSJ paywall*, [alternative URL](https://archive.ph/pXUum#selection-291.188-291.297)).
- Jönköping-based startup [Grön Golf](https://grongolf.com), founded by Phat Ngo Bergström, wants to improve golfing through an on-demand service for booking 3-wheeled electric golf carts, akin to how shared urban e-scooters work ([Swedish](https://www.breakit.se/artikel/33534/gron-ska-bli-golfbanornas-voi-sanker-trosklarna), [machine translation](https://www-breakit-se.translate.goog/artikel/33534/gron-ska-bli-golfbanornas-voi-sanker-trosklarna?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [WA3RM](https://www.wa3rm.com/), a Malmö-based developer of regenerative businesses based on industrial waste stream, announced the first closing at €20M ($21M) of a fund which will invest in infrastructure and companies that utilize waste heat and CO2 from industries as energy resource for vegetable and shrimp farming and biomaterials production ([Swedish](https://www.mynewsdesk.com/se/wa3rm/pressreleases/wa3rm-tar-in-20-miljoner-euro-i-foersta-staengningen-av-sin-fond-3186751), [machine translation](https://www-mynewsdesk-com.translate.goog/se/wa3rm/pressreleases/wa3rm-tar-in-20-miljoner-euro-i-foersta-staengningen-av-sin-fond-3186751?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

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

- European policymakers are going to publish the most comprehensive plan so far for how to help European startups grow and compete globally ([English](https://sifted.eu/articles/startup-european-innovation-agenda/) / *Sifted soft paywall*, [alternative URL](https://archive.ph/ts2Ns)).
- Becoming a multi-product company is an intense journey that only few succeed with ([English](https://investing1012dot0.substack.com/p/building-a-product-engine)).
- A16Z published a defense of the pay-as-you-go pricing model in fintech, which can become volatile in down markets ([English](https://a16z.com/2022/06/24/in-defense-of-pay-as-you-go/)).

**Other interesting things related to Sweden**

- Swedish EV maker Polestar raised $850M via Nasdaq SPAC listing ([English](https://tech.eu/2022/06/24/ev-maker-polestar-raises-850-million-via-nasdaq-spac-listing/)).
- All patrolling police personnel in Sweden will soon be equipped with bodycams ([Swedish](https://sverigesradio.se/artikel/poliser-i-yttre-tjanst-utrustas-med-kroppskameror), [machine translation](https://sverigesradio-se.translate.goog/artikel/poliser-i-yttre-tjanst-utrustas-med-kroppskameror?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- Brasseriegruppen managed rather quickly to get its alcohol license for its 10 well-known restaurants in Stockholm back - at least for now ([Swedish](https://www.realtid.se/brasseriegruppen-aterfar-serveringstillstand/), [machine translation](https://www-realtid-se.translate.goog/brasseriegruppen-aterfar-serveringstillstand/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

+++

That's it for today.