Here is today's curation of news from Sweden's startup and tech sector, as well as some interesting reads.
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Mergers & acquisitions
- MATCHi (Gothenburg, booking platform for racket sports) acquired Helsingborg-based padel tournament tool startup Padelboard. Financial terms were not disclosed (English).
- Nordomatic (Stockholm, smart buildings system integrator) acquired UK-based digital workplace software startup Spica. Financials were not disclosed (English, Swedish).
- Orderhero (Stockholm, digital solutions provider for restaurants): SEK12M (€1.2M, $1.3M) from angel investors Ash Pournouri, Marcus Gullin, Svante Tegnér, Marcus Gullin as well as Orderhero founder Aleksandar Goga, in an ongoing round ahead of a Firsth North public listing / Updated March 17 (Swedish, machine translation).
- Zimply (Stockholm, developer of digital assistants for automating processes): SEK6M (€560K, $620K) from Svea Bank for 19% of the company (English, machine translation).
- Traxlo (Stockholm, operator of grocery store tasks & staff marketplace Tasku): €378K ($410K) in a pre-seed round led by Iron Wolf Capital, with participation from Antler, Marius Jakulis Jason Foundation, Red Pill VC and unnamed business angels from Sweden and Lithuania (English).
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News from Swedish startups, the tech sector and VCs
- Greenely, Stockholm-based next-generation household energy platform, is like its Nordic competitor Tibber reporting rapid customer growth, and says it prepares for a public listing and international expansion (Swedish / Realtid paywall).
- European solar power startups are positioned well for the current moment, including Stockholm-based Alight, which builds, operates and owns solar projects for corporations across Europe (English / Sifted paywall, alternative URL).
- Klarna wants to hire 600 people for its customer support organization and says education or previous experience don't matter. Instead, having a growth mindset is the key skill it is looking for (Swedish, machine translation).
- German startup Holoride will bring a headset-based VR entertainment system to certain Audi models in summer. Parts of the system are provided by Swedish ADAS software development company Terranet (English).
- Article on how drones are being used to beat ambulances to the scence and save lives, featuring Gothenburg-based software and drone service developer Everdrone (English).
- SSE Business Lab, the incubator of the Stockholm School of Economics, has admitted 9 new companies to its startup programs: Boxxy, Circulate, Spunshift, Diretto, Kedra, NFT Nordics, OnGrow, EMEK and Rippl (English, Swedish).
- Almi Invest launched a job portal showing available positions in the state-owned investment firm's currently 372 portfolio companies (Swedish, machine translation).
Other interesting things from the startup/VC world & beyond
- Global startup funding in February dips, but it's still way up year over year (English).
Other interesting things from Sweden
- Inflation in Sweden rose markedly in February to 4.5%, the highest level since December 1993 (English, Swedish).
- The Rolling Stones will perform a concert in Sweden, on July 31 in Stockholm (Swedish, machine translation).
That's it for today.