News November 4, 2022: Acast, Moli, Cleantech for Nordics, Teenage Engineering and more

Here are today's news from Sweden's startup and tech sector, exclusively for subscribers of Swedish Tech News.

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Slow news day today (and "half day" in Sweden due to public holiday tomorrow). No acquisition or funding announcements to report.

News from Swedish startups, the tech sector and VCs

  • Acast, Stockholm-based podcasting company, scored a deal with Amazon: The giant has purchased all the ad inventory across thousands of Acast podcasts in order to offer them ad-free to Prime members and Amazon Music Unlimited subscribers (English, Swedish).
  • Moli, Stockholm-based live-streaming app that put its hopes into mobile screen sharing and last year raised an undisclosed amount of funding, has shut down (Swedish / Breakit paywall).
  • Cleantech for Nordics is a newly launched coalition of investors and others working towards the Nordic region becoming a global hotbed for cleantech innovation. Among members are Almi Invest, Norrsken VC, Baseload Capital and Verdane. The initiative is supported by Bill Gates' Breakthrough Energy (English / PDF, Swedish, machine translation).
This week, I've added 20 new Swedish early-stage tech startups to my subscriber-exclusive tracker. Click here to see a brief profile of each (log in with your subscriber email), including founder names & LinkedIn URLs.

Other interesting things from the startup/VC world & beyond

  • Danish fintech Pleo cuts workforce by 15%, representing 150 jobs (English).
  • There's dry powder: VC funds raised $151B in the first three quarters of this year, exceeding any prior full-year fundraising (English / WSJ paywall, alternative URL).
  • The pros and cons of being a repeat founder (English).
  • Swedish sound gadget maker Teenage Engineering has released its first ... beer! It's available at Systembolaget stores (the Swedish alcohol monopoly) (English).
  • Pia Gruvö, crypto strategist at the Swedish Armed Forces, is now one out of 14 global "crypto officers" who hold literal keys to the internet (Swedish, machine translation).


That's it for today.

Martin Weigert

Martin Weigert

Martin is the founder of Swedish Tech News. Every day he spends many hours gathering and curating the latest from Sweden's startup & tech sector. Contact: