News May 6, 2024: SAVR, Clever Compliance, FLOX Robotics, Ecometrix, Mille, Motorica, Nordcell, Nuverica, Vågen Zero-Waste, Parkster, and more
Here are today's news from Sweden's startup and tech sector, exclusively for you as subscriber of Swedish Tech News PRO.
Mergers & acquisitions
- Munters, a Swedish company founded in 1955 offering energy-efficient air treatment and climate solutions, is investing an undisclosed amount in the Australian beef cattle production software provider AgriWebb, which was founded in 2013 (English).
Funding news
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・All funding rounds
・New Swedish tech startups
・Bankruptcies and shutdowns
- SAVR (Stockholm, commission free fund platform, founded 2016): undisclosed amount from existing investor Incore Invest. This funding comes after SAVR crossed the milestone of 100,000 users since the launch in 2019, and ahead of the upcoming reveal of the startup's new equities trading platform, which "will offer stock trading options across 17 markets" (English). SAVR raised its previous funding round of SEK40M in summer last year. The pre-money valuation back then was SEK300M, according to data registered with Bolagsverket, sourced via Eivora. 📊 For 2022, the company reported a record loss of -SEK71M. 2023 numbers are not public yet.
- Clever Compliance, formerly named CE Check (Stockholm, compliance management software for small and large enterprises, founded 2016): undisclosed amount from Gorilla Capital (English). The company has previously registered around SEK6M in equity funding with Bolagsverket, as well as some convertible notes of unknown amounts. 📊 Financial figures until and include 2022
- FLOX Robotics (Stockholm, provider of autonomous wildlife management as a service, founded 2020): undisclosed "substantial" amount through a grant from the Swedish Energy Agency for a project which aims to deploy AI-powered automated intelligent wildlife management solutions "to reduce wildlife damage to fast-growing tree species, thereby increasing biomass and promoting renewable energy production" (English). FLOX recently raised its first equity funding, too.
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