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.

This post has been unlocked and made available for free a month after publication.

Subscribe to Swedish Tech News to get access to a daily newsletter that brings you a brief overview of news from the Swedish startup & tech sector, curated by Martin Weigert.

Or, if you prefer a free weekly newsletter, subscribe to Swedish Tech Weekly!

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).


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: