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News September 28, 2022: Cooach, Attini, Clean Motion, PodMe, Fund Fellow Founders, Silicon Valley Bank 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

  • Cooach (Stockholm, Growth as a Service platform for scaleups): SEK12M (€1.1M, $1M) from the founders of Business Reflex (a company that Cooach just acquired), as well as existing investors (Swedish, machine translation).
  • Attini (Stockholm, serverless deployment framework for Infrastructure as Code): SEK4.7M (€430K, $410K) from Icebreaker.vc (Swedish / Breakit paywall).

>> Daily updated, subscriber-exclusive Google sheet with all funding rounds raised by private Swedish startups and scaleups.

News from Swedish startups, the tech sector and VCs

  • Clean Motion, Gothenburg-based manufacturer of three-wheeled EVs, will reveal a solar cargo vehicle named EVIG on October 20 (English).
  • PodMe, Stockholm-based subscription service for premium podcasts which one year ago was acquired by Schibsted, has reached the 200,000 paying subscribers milestone (Swedish, machine translation).
  • SeQura, a Spain-based BNPL provider founded by the Swede David Bäckström in 2014 and bootstrapped until the end of 2021, has secured €150M ($144M) in financing (English).
  • Sam Rihani is stepping down as Meta's Country Director for Sweden and Finland after 10 years in this position (English, Swedish).
  • The Baltic angel investor network Fund Fellow Founders plans to invest €20M ($19M) in Swedish startups (Swedish, machine translation).
  • Silicon Valley Bank UK is expanding into Sweden, establishing an office in Stockholm led by Maria Ljungberg. The goal is to "support the needs of Swedish innovation businesses and their investors within the technology and life science sectors" (English, Swedish).
  • Sequoia has hired its 5th partner to be based in Europe, and he has a connection to Sweden: The German Cornelius Menke previously worked in the CFO office at Klarna while studying at the Stockholm School of Economics (English).

Other interesting things from the startup/VC world & beyond

  • Italy's Satispay rings up €320M Series D at €1+ billion valuation (English).
  • Cloudflare takes aim at AWS, partnering with dozens of VC firms with promise of $1.25B to startups that use Cloudflare's platform (English).
  • How to build a startup one-pager (English).
  • Sweden's Central Bank and the central banks of Israel and Norway and the Bank for International Settlements (BIS) are launching a project to explore how Central Bank Digital Currencies (CBDCs) can be used for international retail and remittance payments (English, Swedish).
  • Visit Sweden launched a geo-restricted audio story written by internationally renowned author John Ajvide Lindqvist, that can only be listened to while in the Swedish forest (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