News May 20: Lassie, Quartr, Anyfine, Ryde 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

  • Lassie (Stockholm, digital insurance services for pet owners): SEK115M (€11M, $11.6M) in a Series A funding round led by Felix Capital, with participation from previous investors Inventure and Passion Capital, as well as previous angel investors Karl-Johan Persson, Fredrik and Caroline Hjelm, and Josefin Landgård (English, Swedish).
  • Quartr (Gothenburg, investor relations app): undisclosed amount in a seed extension round from Flat Capital - which invests SEK1M (€100K, $100K) - alongside other unnamed new and existing investors (Swedish, machine translation).

>> Daily updated, subscriber-exclusive Google sheet with all funding rounds raised by private Swedish startups and scaleups. Request access.

News from Swedish startups, the tech sector and VCs

  • Stockholm-based consumer finance app Anyfin launches in Norway (Swedish, machine translation).
  • Norwegian e-scooter operator Ryde, which since mid April operated on the streets of Stockholm without permission, has now been forced to end its services in the Swedish capital - but will remain in neighboring Nacka (Swedish, machine translation).
  • Gwen Sandberg has joined Inventure as Sweden-based Investment Director (English).

Other interesting things from the startup/VC world & beyond

  • Timing can make great companies look dumb and dumb companies look great (English).

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That's it for today.

Martin Weigert

Martin Weigert

Stockholm