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# News May 19, 2022: inriver, Curus, iCellate, Klarna, Checkin.com and more
- URL: https://www.swedishtechnews.com/news-may-19-2022/
- Published: 2022-05-19T15:00:00.000Z
- Updated: 2023-07-21T11:37:23.000Z
- 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), inriver, Curus, icellate, Klarna, checkin.com, Verdane, Alfvén & Didrikson

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**

- [inriver](https://www.inriver.com/) (Malmö, product information management solution for businesses): SEK4B (€380M, $400M) in a growth funding round from Thomas H. Lee Partners and existing investor Verdane. A small, undisclosed part of the total amount is being used to buy out existing investors ([English](https://www.inriver.com/2022/05/inriver-announces-growth-investment-from-thomas-h-lee-partners/), [Swedish](https://www.di.se/digital/doldisbolag-fran-malmo-i-rekordrunda/) / *DI Digital paywall*).
- [Curus](https://www.curus.se/) (Stockholm, investment company for digital health sprung from Add Health Media’s investment arm): SEK136M (€13M, $13.6M) in a funding round led by Alfvén & Didrikson, with participation from angel investors Stefan Bengtsson, Christian Dahlberg, Alexander Stendahl and David Sandström ([English](https://nordic9.com/news/curus-spun-off-of-add-health-media-in-a-sek-136-million-funding-round-backed-by-alfven-didrikson/), [Swedish](https://www.di.se/digital/tar-in-136-miljoner-ska-kopa-digitala-vardbolag/) / *DI Digital paywall*).
- [iCellate](https://icellate.se) (Stockholm, developer of tests for hereditary cancer risk, early cancer detection, and treatment selection): SEK20M (€1.9M, $2M) from undisclosed new as well as existing investors ([Swedish](https://www.mynewsdesk.com/se/icellate/pressreleases/icellate-medical-secures-20-msek-in-new-funding-3183281), [machine translation](https://www-mynewsdesk-com.translate.goog/se/icellate/pressreleases/icellate-medical-secures-20-msek-in-new-funding-3183281?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

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**News from Swedish startups, the tech sector and VCs**

- [Klarna](http://www.klarna.com) is aiming to raise up to $1B from new and existing investors in a deal that could value it in the low $30B-range post-money, according to the WSJ. That would represent a roughly 30% drop from the previous round ([English](https://www.wsj.com/articles/softbank-backed-fintech-giant-klarna-looks-for-new-funds-at-lower-valuation-11652951574) / *WSJ paywall*, [alternative URL](https://archive.ph/3v5of), [Swedish](https://www.realtid.se/klarna-planerar-ta-in-kapital-till-klart-lagre-vardering-an-for-ett-ar-sedan/)).

**Swedish tech earnings reports**

- [Checkin.com](http://www.checkin.com) (Stockholm, provider of registration flow solutions for online services): [English](https://group.checkin.com/newsroom/Checkin.com%5FGroup%5FQuarterly%5FReport%5FQ1%5F2022/).

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

- Sifted spoke to investors and analysts about how the downturn is impacting investment rounds and European startup valuations ([English](https://sifted.eu/articles/startup-valuations-european-tech/) / *Sifted soft paywall*, [alternative URL](https://archive.ph/SPTRt)).
- Y Combinator advises founders to "plan for the worst" amid market teardown ([English](https://techcrunch.com/2022/05/19/yc-advises-founders-to-plan-for-the-worst/)).

**Other interesting things from Sweden**

- Tesla is expanding its pilot program that lets owners of other EV brands use Tesla's Superchargers to Sweden ([English,](https://electrek.co/2022/05/18/tesla-expands-supercharger-pilot-program-non-tesla-ev-owners-european-countries/) [Swedish](https://www.realtid.se/nu-oppnar-tesla-sina-laddplatser-for-alla-elbilar-ratt-vag-att-ga/)).

+++

That's it for today.