News May 16: Findity, Sileon, Meme.com, Bower, Gordon Delivery 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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Funding news

  • Findity (Stockholm, SaaS solution for business expense management): SEK50M (€4.8M, $5M) from Johan Blomquist, Niklas de Bésche, and existing investors as well as employees (English, Swedish).

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News from Swedish startups, the tech sector and VCs

  • Stockholm-based Paynova is rebranding as Sileon to offer a buy now pay later SaaS solution aimed at financial institutions globally (Swedish, machine translation).
  • The founders of Helsingborg-based tokenized meme platform Meme.com, Mattias Tyrberg och Johan Unger, paid $1.25M for the .com domain, financed by a token sale the company conducted in May 2021 (Swedish, machine translation).
  • Bower, the Stockholm-based recycling app, aims to grow its user number from 300,000 to 10 million in 2024, according to founder and CEO Suwar Mert (Swedish, machine translation).

Swedish tech earnings reports

Other interesting things from the startup/VC world & beyond

  • What a great board prep contains (English).
  • Don’t hire designers too late (English).

Other interesting things from Sweden

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That's it for today.

Martin Weigert

Martin Weigert

Stockholm