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# News March 28, 2022: Blika, Sparwk, PaperShell, MyFurn, Hemavi, Oneflow and more
- URL: https://www.swedishtechnews.com/news-march-28-2022/
- Published: 2022-03-28T15:01:47.000Z
- Updated: 2023-09-24T15:05:53.000Z
- 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), blika, sparwk, PaperShell, myfurn, hemavi, oneflow, exits

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

💡

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**Mergers & acquisitions**

- [Blika](https://blika.com/) (Stockholm, SaaS solution to help large multinational companies manage head office data) sold a 60% stake to Dutch investment firm [Main Capital](https://main.nl/). Financial terms were not disclosed ([English](https://main.nl/insights/acquisition-of-blika-and-audimex/), [Swedish](https://news.cision.com/se/blika/r/nederlandska-main-capital-ny-huvudagare-i-plattformsbolaget-blika,c3534088)).

**Financing rounds**

- [Sparwk](https://www.sparwk.com/) (Stockholm & Trondheim, online platform and collaborative workspace for music creators): SEK20M (€1.9M, $2.1M) from Bridge Investment and Adenasoft ([Swedish](https://www.di.se/digital/de-vill-ge-musiker-battre-betalt-med-hjalp-av-ai/), [machine translation](https://www-di-se.translate.goog/digital/de-vill-ge-musiker-battre-betalt-med-hjalp-av-ai/?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

\>> 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**

- [PaperShell](https://papershell.se/), a startup founded in 2021 based in Tibro, has developed a method to build paper back into a more resistant version of wood. It's now partnering with Swedish electric motorcycle manufacturer [CAKE](https://ridecake.com/) to evaluate whether PaperShell's material could make its way into motorbike body panels ([English](https://electrek.co/2022/03/26/cakes-electric-motorcycles-could-soon-be-even-greener-with-paper-body-panels-instead-of-plastic/)).
- A mother-daughter duo has founded Stockholm-based startup [MyFurn](https://myfurn.se) and - largly self-funded - built a 3D platform for home buyers to click home their interior design choices - and to get everything in place, assembled and installed ([Swedish](https://www.breakit.se/artikel/32475/myfurn-vill-moblera-ditt-hem-redan-innan-du-har-flyttat-in), [machine translation](https://www-breakit-se.translate.goog/artikel/32475/myfurn-vill-moblera-ditt-hem-redan-innan-du-har-flyttat-in?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [Hemavi](https://www.hemavi.com/), Lund-based matchmaking platform for room rentals, has expanded into Denmark ([English](https://oresundstartups.com/hemavi-launches-in-denmark-and-a-new-partnership-with-hedvig/)).
- [Spotify](http://www.spotify.com) decided to fully suspend operations in Russia after all ([English](https://variety.com/2022/digital/news/spotify-suspends-operations-russia-ukraine-1235214863/)).
- [Oneflow](https://oneflow.com/), Stockholm-based software platform for managing and tracking contracts, plans a public listing on the Nasdaq First North Premier Growth Market during Q2 ([English](https://oneflow.com/ir/media/press-releases/oneflow-intends-to-list-its-shares-on-nasdaq-first-north-premier-growth-market/), [Swedish](https://www.breakit.se/artikel/32488/oneflow-till-borsen-ska-ta-in-275-miljoner)).
- The City of Gothenburg is denying the Russian e-scooter company [Whoosh](https://whoosh.bike) the permit to operate in the city, because it has sanctioned Russian banks among its investors [(Swedish](https://www.gp.se/nyheter/g%C3%B6teborg/g%C3%B6teborg-stoppar-ryska-elsparkcyklar-1.68590843), [machine translation](https://www-gp-se.translate.goog/nyheter/g%C3%B6teborg/g%C3%B6teborg-stoppar-ryska-elsparkcyklar-1.68590843?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- VOI founder and CEO Fredrik Hjelm is pondering the idea of a "glassdoor for journalists" in a Twitter thread ([English](https://twitter.com/FredrikHjelm4/status/1508219207309271045)).

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

- In an uncommon move (until now at least), US grocery delivery company [Instacart](http://www.instacart.com) announced it cut its own valuation by 40%, from $39B to $24B ([English](https://news.crunchbase.com/news/instacart-lowers-valuation/)).
- Musings about whether high quality startups and scaleups actually benefit from industry-typical long working hours ([English](https://allisonpickens.substack.com/p/a-contrarian-take-on-working-long)).

**Other interesting things from Sweden**

- On April 1st, Sweden will lift the pandemic-related ban on entry from all countries ([English](https://www.government.se/press-releases/2022/03/sweden-to-lift-ban-on-entry-from-all-countries/)).

+++

That's it for today.