News May 25: Vyer, Lesslie, Minna Technologies, Anyfin, Nordnet, ZignSec 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

  • Vyer (Stockholm, software for building information modeling): SEK15M (€1.4M, $1.5M) from angel investors, among them Sven-Olof Johansson and Lennart Sten (Swedish, machine translation).
  • Lesslie (Stockholm, digital accounting and finance solution for companies): SEK12M (€1.1M, $1.2M) from angel investors Willem De Geer, Louise Nicolin and Noel Abdayem (Swedish, machine translation)

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News from Swedish startups, the tech sector and VCs

  • The subscription management solution of Gothenburg-based Minna Technologies is being integrated into Stockholm-based consumer finance app Anyfin, to let Anyfin users cancel unwanted subscriptions from within the app (Swedish, machine translation).
  • "We want to avoid under any circumstances to have to come with another announcement" (about more layoffs), says Klarna CEO Sebastian Siemiatkowski in an interview with Dagens Nyheter about the job cuts announced this week (Swedish, machine translation).
  • Digital savings and investments platform Nordnet is being slapped with a SEK100M (€10M, $10M) fine by Sweden's Financial Supervisory Authority for violations related to the bank's intraday short selling service (English, Swedish).

Swedish tech earnings reports

Other interesting things from the startup/VC world & beyond

  • Sequoia Capital is back with a warning to its startup founders: Don’t expect a recovery from the current market downturn to happen quickly (English).
  • 10 mistakes most founders make in a downturn (English).

Other interesting things from Sweden

  • IKEA is gearing up for "IKEA 2.0" with the upcoming smart home hub "Dirigera" and accompanying app (English).

End note

Tomorrow is a public holiday in Sweden. You'll receive the next update on Friday.

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That's it for today.

Martin Weigert

Martin Weigert

Stockholm