News September 12, 2022: KISAB, Parakey, EQT Growth, Klarna 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

  • KISAB (Stockholm, developer of silicon carbide semiconductor materials): €7.5M ($7.6M) in a funding round led by Fairpoint Capital, with participation from existing investors, including Industrifonden, Ingka GreenTech and LPE (English).
  • Parakey (Gothenburg, digital key solutions): SEK28M (€2.6M, $2.7M) from angel investors Kim and William Olsson, Michael Samuelsson, Henrik Garvner and existing investors Tham Invest, Vätterleden Ventures, Green Group and Bassholmen (Swedish, machine translation).
  • Inventure participated in a €11.6M funding round raised by Estonia-based employee relocation platform Jobbatical (English).

>> 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

  • EQT Growth closed a European growth fund at €2.4B ($2.5M). Around 2/3 of the capital is still available (English).
  • In the US, Klarna is partnering with major grocery delivery and pick-up service Instacart (English).

Other interesting things from the startup/VC world & beyond

  • France-based Capagro launches €200M fund to back European foodtech and agtech startups (English).
  • Sweden election: Result could take days as the vote is close (English).
  • IKEA’s Swedish House Mafia record player is going on sale next month (English).

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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: m@swedishtechnews.com
Stockholm