News September 16, 2022: Heart Aerospace, Northe, Playmaker, Flat Capital, Swedish cloud computing law & 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

  • Heart Aerospace (Gothenburg, manufacturer of an electric regional airplane): $10M from Saab and Air Canada ($5M from each) (English).
  • In a follow-on investment, J12 Ventures participates in a $15M funding round raised by German prescription delivery startup Cure (English / Insider paywall, alternative URL).

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News from Swedish startups, the tech sector and VCs

  • Northe, Stockholm-based EV charging platform for EV owners and companies, is teaming up with BMW and will have its solution integrated with the German car maker's "Plug & Charge" technology (Swedish, machine translation).
  • Ola Lidmark Eriksson, co-founder of Stockholm-based football analytics as a service startup Playmaker, is stepping down as CEO to focus on product development. New CEO is Daniel Setterwall (Swedish, no machine translation available).
  • Thanks to Figma's $20B exit to Adobe, Swedish investment firm Flat Capital managed to return a 100 percent profit from its small SEK4.5M Figma investment, which it made as recently as January 2022 (Swedish, machine translation). Early Figma investors each ended up with at least $2B (English).
  • A Q&A with legal experts on cloud computing law in Sweden (English).

Other interesting things from the startup/VC world & beyond

  • European impact fund Junction rolls out €100M ($100M) for green energy startups (English).
  • Big tech in the US is hiring an increasing number of economists for insights into how to solve business problems—from pricing and product development to strategy (English / Economy soft paywall, alternative URL).
  • Swedish moose crash-test dummy wins "Ig Nobel prize", an annual spoof award for quirky science (English).
  • In Gothenburg, the current construction project Karlatornet will become the tallest residential building in the EU, at 248 meters (Swedish, machine translation).
  • IKEA is abandoning its sustainability-motivated plan to increase the price of its meat-based hotdog in Sweden, following criticism from customers (Swedish, no machine translation available).


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: