News May 13: foreseeti,, Renewcell, Fenix, Klarna, Awardit, Safello, Greater Than, Twiik and more

Here is today's curation of news from Sweden's startup and tech sector, exclusively for subscribers of Swedish Tech News.

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Mergers & acquisitions

Funding news

  • Renewcell (Stockholm, recycling technology for textile): SEK324M (€31M, $32M) through a directed share issue (English, Swedish / DI Digital paywall).
  • Fenix (Stockholm, digital provider of funeral services): SEK69M (€6.6M, $6.8M) in a funding round led by Zaal Management, with participation from existing investors such as Brightly Ventures (English, Swedish).

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News from Swedish startups, the tech sector and VCs

  • Klarna is launching a virtual-shopping feature that allows retailers to provide consumers with the ability to connect with sales associates through chat and video calls (English). The company is also introducing a flexible working policy that lets employees pick between staying at home or going to the office (English).
  • Since 2017, the 3 Swedish digital healthcare providers, Kry and Min Doktor have opened or taken over a total of 43 physical healthcare centres in Sweden (Swedish, machine translation).
  • Spotify tests letting artists promote NFTs on their profiles (English).
  • Mimi Billing met Swedish veteran VC PJ Pärson, since 2004 at Northzone, for brunch to talk about the early days, his early Spotify investment, bad actors and other things (English / Sifted soft paywall, alternative URL).

Swedish tech earnings reports

Other interesting things from Sweden


That's it for today.

Martin Weigert

Martin Weigert