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# Swedish Tech Weekly #305
- URL: https://www.swedishtechnews.com/swedish-tech-weekly-305/
- Published: 2025-05-05T03:00:40.000Z
- Updated: 2025-05-05T03:00:39.000Z
- Description: A selection of the main news from Sweden's startup and tech sector. All – and many more –have previously been covered in more detail in the Swedish Tech News PRO newsletters.
- Author: Martin Weigert
- Tags: Weekly (Free)

Welcome the latest from Sweden's startup & tech sector. 

I'm Martin Weigert. Every Monday morning, Swedish Tech Weekly brings you a selection of some of the news I previously covered in my [daily PRO newsletters](https://www.swedishtechnews.com/tag/daily/). Today's newsletter was sent to 2870 subscribers.

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### Mergers & acquisitions  

• [Epidemic Sound](https://www.epidemicsound.com/) (Stockholm, music licensing provider for creators) acquires the Portugal- and Ireland-based music tech startup [Song Sleuth](https://www.songsleuth.io/) ([English](https://news.cision.com/epidemic-sound/r/epidemic-sound-acquires-song-sleuth--launches-aentidote-to-help-revolutionize-music-monetization-in-,c4142754)).   
  
• [Brick](https://brickapp.se/) (Stockholm, network for power bank-sharing) acquired the company behind [Pluggo](https://www.pluggochargers.com/), the "leading provider of mobile charging services at festivals across the Netherlands and Belgium" ([English](https://www.globenewswire.com/news-release/2025/04/29/3070178/0/en/Brick-Technology-Completes-Second-Acquisition-in-Six-Months-with-LaadMaar-Deal.html)). 

### Funding news

  
Are you a founder in fundraising mode? Get free access to the [FOUNDER version](https://data.swedishtechnews.com/) of my funding and investor database. Closed a funding round? [Submit it here](https://data.swedishtechnews.com/submit-closed-funding).

*Note to first time founders: Raising VC funding is not a goal in itself, and not every company is a fit for it. If you plan to choose that path, make sure to understand the implications.*

• [Telgea](https://www.telgea.com/) (Stockholm, mobile operator for international companies): $2.7M in a pre-seed funding round from Amigos Venture Capital, Antler, Motivate Ventures, and SSE Ventures ([English](https://tech.eu/2025/04/30/telgea-raises-27m-to-simplify-global-mobile-operations-management/)). ➡️ *Startup first covered in PRO in July 2024.*

• [Basic Genomics](https://www.basic-genomics.com/) (Stockholm, develops new methods to study RNA): SEK11.7M (€1.1M, $1.2M) co-led by Segulah Medical Acceleration and Navigare Ventures ([English](https://www.basic-genomics.com/news/basic-genomics-new-investment-round)). 

• [Inossia](https://www.inossia.com/) (Stockholm, developing next-generation bone biomaterials): SEK10.3M (€940K, $1.1M) from existing investors ([English](https://www.inossia.com/inossia-ab-successfully-closes-oversubscribed-internal-rights-issue/)). 

• [Evidence](https://www.evidenceoperations.com/) (Stockholm; healthcare demand and capacity management platform): undisclosed amount from Sciety and Sciety Venture Partners ([English](https://sciety.com/sciety-and-sciety-venture-partners-invest-in-evidence/)). ➡️ *Startup first covered in PRO in August 2023.*

• [Unna Baby](https://www.unna-baby.com) (Stockholm, producer of infant & baby nutrition): SEK3.25M (€300K, $340K) from undisclosed investors ([Swedish](https://www.mynewsdesk.com/se/anna-oldne-pr-and-event/pressreleases/svenska-unna-i-snabb-tillvaext-faar-nationell-listning-hos-ica-med-hela-sortimentet-3381438), [machine translation](https://www-mynewsdesk-com.translate.goog/se/anna-oldne-pr-and-event/pressreleases/svenska-unna-i-snabb-tillvaext-faar-nationell-listning-hos-ica-med-hela-sortimentet-3381438?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). 

• [Bright](https://www.brighteducation.io/) (Stockholm, all-in-one study platform): SEK3.2M (€290K, $330K) from Foundry ventures, Supermarket, and angel investors ([Swedish](https://www.breakit.se/artikel/43129/lunda-duon-tacklar-strulet-med-kursbocker-bright-tar-in-miljoner-till-ny-ai-plattform) / *Breakit paywall*). ➡️ *Partial closing of this round first covered in PRO on March 20.*

• [Vakona](https://www.linkedin.com/company/vakonaab) (Umeå; developing a novel, antiobiotic free topical treatment for acne): undisclosed amount from existing investors Exceca Allocation, Partnerinvest Norr, Phase2Phase Biopharma, STOAF, and new private investors ([English](https://www.mynewsdesk.com/umeaa-biotech-incubator/pressreleases/vakona-secures-financing-to-advance-groundbreaking-acne-product-3382911)). 

• [Tilda](https://www.heytilda.com) (Stockholm & Malmö; AI-first, science-based process planner for change and learning initiatives): undisclosed amount from Emil Sjödin, and Saminvest (via Annexstruktur AB) [English](https://www.heytilda.com/news/tilda-welcomes-new-investors-emil-sjodin-and-annexstruktur-ab-saminvest-ab)). ➡️ *Startup first covered in PRO in June 2024.*

• [Gympak](https://gympak.com/) (Helsingborg; provider of sportswear packs, in-room training equipment & workout apps for hotels, resorts & gyms): undisclosed amount from strategic angel investor Sven Cristea ([English](https://gympak.com/entrepreneur-and-investor-sven-cristea-joins-gympak-as-strategic-partner/)). 

****PRO subscribers learned about various unannounced rounds last week, and more details for each round.** 

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## News from the Swedish startup & tech sector  

• [Fuels](https://www.fuelscapital.com/) is a new provider of securities-backed loans designed for entrepreneurs and investors, just launched by Stockholm-based fintech [0TO9](https://www.0to9.com/) (formerly Nstart) ([English](https://www.linkedin.com/posts/fuelscapital%5Ffuels-linkedin-activity-7323272477965463552-7fs%5F)). ➡️ *Initial signs of this first covered in PRO on March 18.*

• [Qrora](https://qrora.com/) has launched, a Gothenburg-based knowledge platform for medical practitioners ([Swedish](https://www.linkedin.com/posts/qrora%5Fd%C3%A4r-v%C3%A5rdsverige-activity-7322981474247307264-mUI2?utm%5Fsource=share&utm%5Fmedium=member%5Fdesktop&rcm=ACoAAADMYkUBkJiPqz9AnP6ftyb3BQ60M0ZrTlE), [machine translation](https://www-linkedin-com.translate.goog/posts/qrora%5Fd%C3%A4r-v%C3%A5rdsverige-activity-7322981474247307264-mUI2?utm%5Fsource=share&utm%5Fmedium=member%5Fdesktop&rcm=ACoAAADMYkUBkJiPqz9AnP6ftyb3BQ60M0ZrTlE&%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)). ➡️ *Startup first covered in PRO on March 18.*

• [Heart Aerospace](https://heartaerospace.com/), Gothenburg-founded hybrid-electric airplane maker, is moving its Swedish operations and headquarter to Los Angeles. Most of the company's around 75 employees in Sweden will lose their jobs ([English](https://tech.eu/2025/04/30/heart-aerospace-scraps-swedish-operations-75-roles-axed-in-us-move/)). 

• [Tandem Health](https://www.tandemhealth.ai/), Stockholm-based startup offering a solution for AI-powered medical notes, signed a deal which will make its solution available to over 200,000 healthcare professionals of the NHS, England's publicly funded healthcare system ([English](https://www.tandemhealth.ai/news-articles/tandem-has-teamed-up-with-accurx-to-deliver-our-ai-medical-scribe-to-500-000-nhs-staff)). 

• [Ngenic](https://ngenic.se/), a publicly traded Uppsala-based provider of smart energy solutions, is bankrupt ([Swedish](https://news.cision.com/se/ngenic-ab/r/ngenic-ab-beslutar-att-ansoka-om-konkurs-,c4141303), [machine translation](https://news-cision-com.translate.goog/se/ngenic-ab/r/ngenic-ab-beslutar-att-ansoka-om-konkurs-,c4141303?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

• [Globy](https://www.globy.ai/), bootstrapped Sundsvall-based startup which is developing a chat-based-tool to create high-performance websites in minutes, launched a Kickstarter crowdfunding campaign for early access ([English](https://www.kickstarter.com/projects/globy/speak-louder-with-globyai-a-website-builder-with-purpose)). ➡️ *Startup first covered in PRO on October 16.*

• [Femma](https://www.femma.app/), Stockholm-based startup aiming to build the "world's first women-centric AI coach and personal development app", launched a donation-based crowdfunding campaign ([English](https://www.femma.app/crowdfunding)). ➡️ *Startup first covered in PRO on March 19.*

• [Volta Trucks](https://voltatrucks.com/), Sweden-founded electric truck maker which is nowadays based in the UK, is bankrupt again ([Swedish](https://www.impactloop.se/artikel/impact-loop-avslojar-volta-trucks-gar-i-konkurs-for-andra-gangen-det-gick-inte-langre) / *Impact Loop paywall*).

• [Spotify](http://www.spotify.com) reported a record €509M operating profit for Q1 2025 ([English](https://musically.com/2025/04/29/spotify-q1-2025-financial-results-reveal-it-now-has-268m-paid-subscribers/)). In other Spotify news: Apple approved an app update that allows US-based Spotify users to access pricing info and external payment links ([English](https://techcrunch.com/2025/05/02/apple-approves-spotify-app-update-that-allows-u-s-users-to-access-pricing-info-external-payment-links/)). Also: Spotify has pushed Google from the #1 spot of most attractive employers among IT students in Sweden ([Swedish](https://computersweden.se/article/3974490/techjattar-och-svenskt-forsvar-pa-it-studenternas-onskelista.html), [machine translation](https://computersweden-se.translate.goog/article/3974490/techjattar-och-svenskt-forsvar-pa-it-studenternas-onskelista.html?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

• Jan Älmeby, Swedish serial entrepreneur and founder of Fortnox, has died at the age of 89 ([Swedish](https://www.affarsvarlden.se/artikel/fortnox-grundare-jan-almeby-ar-dod)).

• EQT Ventures and EQT Growth launched The Founder Six, a "science-backed framework" to "help founders and investors understand and develop the six traits that drive founder success" ([English](https://thefoundersix.com/)).

• Creandum published an updated version of their "Essential Board Deck Template" ([English](https://creandum.com/stories/creandum-board-deck-template/)).

****PRO subscribers last week learned about many more news** – including exclusives that have not been covered or curated anywhere else yet – ****and about 14 new Swedish tech startups**.

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## Selected Swedish tech startup jobs  

A non-exhaustive selection of open positions at Swedish tech startups.

• [](https://hercare.se/)Network Engineer (Lolo)  
• [](https://hercare.se/)Product Manager (Open Payments)  
• [](https://hercare.se/)Senior Web Developer (Qrora)  
• [](https://hercare.se/)Customer Success Manager (Fastighetsloggen)  
• [](https://hercare.se/)Software Developer/Automation Engineer (Ambidex)  
• [](https://hercare.se/)Junior Financial Controller (Zaver)  
• [](https://hercare.se/)Technical Project Manager (Learnifier)  
• [](https://hercare.se/)Fullstack Developers (Migränhjälpen)  
• [](https://hercare.se/)Global Head of Development (Ingrid Capacity)  
• [](https://hercare.se/)Digital Marketer (Tendium)  
• [](https://hercare.se/)Experienced Full Stack Web Developer (PinMeTo)  
• [](https://hercare.se/)Partnerships Manager (Zimpler)  
• [](https://hercare.se/)Partnership Manager (Cetti)

[To the listings](https://www.swedishtechnews.com/swedish-tech-startup-jobs-week-18-2025-lolo-open-payments-qrora-and-more/)

![CTA Image](https://storage.ghost.io/c/cb/aa/cbaa9996-4d93-4f6d-b930-d76c908df0d1/content/images/2025/04/eivora.png) 

Special shout-out to my partner [Eivora](https://eivora.com/) for providing me with access to their awesome AI-powered ownership database of Swedish companies. 

### Other interesting things from the startup/VC world & beyond

[](https://hercare.se/)

• German accelerator [EWOR](https://www.ewor.com/) raises €60M to challenge YC and find the next $1B founders ([English](https://12ft.io/https://sifted.eu/articles/ewor-60m-accelerator-invest)). 

• Four approaches to building and funding a company: 1\. bootstrapping 2\. VC 3\. boot-scaling 4\. seed-strapping AI-native ([English](https://henrythe9th.substack.com/p/seed-strapping-vs-boot-scaling-in)).

• Guide to competitor analysis for startups ([English](https://jameschurch.medium.com/a-comprehensive-guide-to-competitor-analysis-for-startups-88bd376ccc22)).

• Everything compounds – from money to relationships to knowledge and beyond ([English](https://davidcummings.org/2025/04/26/everything-compounds/)).

• Co-CEOs can work, but they’re tricky ([English](https://www.saastr.com/dear-saastr-my-co-founder-and-i-cant-agree-who-should-be-ceo-would-co-ceos-work/)).

• The AI "killer app": Teaching a computer how to do things that we don't like doing so that we can spend our time on things we do ([English](https://koomen.dev/essays/horseless-carriages/)).

[](https://hercare.se/)

### Other interesting things related to Sweden  

• Sweden's to date largest solar park has been inaugurated ([Swedish](https://via.tt.se/pressmeddelande/3890929/sveriges-storsta-solcellspark-invigd-levererar-el-markt-med-bra-miljoval?publisherId=3236057&lang=sv), [machine translation](https://via-tt-se.translate.goog/pressmeddelande/3890929/sveriges-storsta-solcellspark-invigd-levererar-el-markt-med-bra-miljoval?publisherId=3236057&lang=sv&%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).

• A government bill wants to make it illegal to buy sexual acts online. OnlyFans is on alert ([English](https://www.sverigesradio.se/artikel/adult-platform-onlyfans-wants-meeting-with-swedens-justice-minister-over-new)).

• The Swedish Bible Society is leading a new translation of the New Testament, the first major update in five decades ([English](https://www.sverigesradio.se/artikel/sweden-prepares-a-new-bible-translation-the-first-in-50-years)).

[](https://hercare.se/)

+++  
  
That's it for this week. Thank you for being a subscriber!  
  
Martin