Swedish Tech News PRO May 22, 2025: Studybee, Flat Capital, Final Quest, MAIA Universe, DUCK, MCS Robotics, Ripe, Better Odds, Qick, Centra, and more
Here are today's news from Sweden's startup and tech sector, exclusively for you as subscriber of Swedish Tech News PRO.
Mergers & acquisitions
- Studybee (Malmö, developer of a solution for schools and teachers that extends Google Classroom functionality, founded 2015) was acquired by Unikum, a Stockholm-based digital school platform/app founded in 2005. The price was not disclosed (Swedish, machine translation).
- Studybee was founded by Ian Rattigan, and has raised around SEK25M in equity funding, according to data registered with Bolagsverket (sourced via Eivora). Largest outside investor is Djäkne Startup Studio.
- Unikum was founded by Jonas Ryberg, who is still majority owner. Among outside shareholders are JCE and Philian.
- 📊 For 2023, Studybee reported net revenue of SEK2.4M, and a loss of -SEK2.1M. Unikum reported net revenue of SEK62.6M, and a break-even result.
- A major US deal with a Swedish angle: OpenAI is buying io, a hardware company founded by former Apple design chief Jony Ive and others, in a deal worth $6.5B. In late 2024, publicly traded Swedish investment firm Flat Capital invested SEK34M in io (English). Flat Capital co-founder Sebastian Siemiatkowski (otherwise known as Klarna CEO) writes on X that Flat Capital will "now receive even more shares in OpenAI at a hefty return" (English).
Funding news
