News March 23: Cellcolabs, Bower, anch.AI, Vagon, teamApp, Spotify, Voi, Picus Capital and more

Here is today's curation of news from Sweden's startup and tech sector.

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Financing rounds

  • Cellcolabs (Stockholm, biotech impact startup "on a mission to use advanced cell therapies to disrupt healthcare"): SEK64M (€6.2M, $6.8M) in a funding round led by Takura and Norrsken, with participation from angel investors Sven Hagströmer, Susanna Campbell, John Hedberg, Filip Engelbert, Jonas Nordlander, and Fredrik Hjelm (English, Swedish).
  • Bower (Stockholm, recycling app): €4.1M ($4.5M) in a funding round led by blq Invest, with participation from existing investors such as Almi Invest GreenTech, Verdane Foundation, and Orkla Ventures. The money will be used for the international expansion, with the UK being the next target market (English).
  • EQT Ventures reportedly participated in a €10M funding round raised by German startup Superlist, which is building a productivity tool for teams and individuals alike (German, machine translation).

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News from Swedish startups, the tech sector and VCs

  • anch.AI announced the offical launch of its free Ethical Governance Platform to encourage adoption of responsible AI practices. The Stockholm-based startup says it already managed to sign up 20 clients, including a number of Swedish government agencies (English).
  • Vagon, Stockholm-based provider of a "supercomputer in the cloud", launched its new service "Streams", which allows companies and developers to make their desktop apps work as browser apps, with no code (English).
  • Recently founded Gothenburg-based startup Kluero is working on the software teamApp, which is intended to help analyze and optimize team dynamics. The market launch is expected to take place within a year (Swedish, machine translation).
  • Spotify's live app Greenroom struggled to take off. To change that, the company reportedly plans to move it into the main app (English). Meanwhile, an analysis shows that Spotify spreads Russian war propaganda (English).
  • Voi reached the 100 million rides milestone (English).
  • German early-stage VC Picus Capital is opening an office for the Nordic market in Stockholm. It will be led by new Partner and Head of Nordics, Cristina Koehn, former VP operations at Kry (English / EU-startups soft paywall, alternative URL).

Other interesting things from the startup/VC world & beyond

  • UK-based venture capital and impact investor Future Planet Capital has wrapped up a €20M fund to tackle key issues affecting the world’s oceans (English).
  • 23 tactical company building lessons for founders and operators, learned from scaling Stripe & Notion (English).

Other interesting things from Sweden

  • Swedish government approves controversial iron ore mine in Swedish Lapland (English / The Local paywall, alternative URL).

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That's it for today.

Martin Weigert

Martin Weigert

Stockholm