Swedish Tech Weekly #362: Headwai, Agent Mama, MobiOne, Stratsys, Hypergene, Sportway, Fika Jobs, Wayout, Aire, Waveium, PredictMe, MiMove, Anferra, LivingFilters, Everi Labs, Identione, Abundry, Tistel, Stackship, and more

Welcome to 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 PRO newsletters, which are available as daily and weekly version.

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• Headwai (Stockholm, AI-powered platform for online retail that predicts which customers will drive tomorrow's profits, automatically optimizing media buying to find more of them) has been acquired by Agent Mama, a Swedish startup in the same space (English). ℹ️ Both startups covered in their earliest days in PRO.

• MobiOne (Stockholm; software solutions for temperature-controlled distribution, transportation, and logistics operations) is being acquired by niche software acquirer Marathon Software (English). ➡️ Added to the Exits Database for PRO subscriber.

• The Swedish Competition Authority has given the green light for the merger of the two Swedish SaaS companies Stratsys and Hypergene (English, Swedish / Breakit paywall).

Send press releases about funding rounds, and other potentially relevant news, to news@swedishtechnews.com.

• Sportway (Stockholm, AI-automated sports video and data production): €20M ($22M) in a funding round led by Gamma Waves Partners (English, ℹ️ database).

• Fika Jobs (Stockholm, video-first hiring platform): $4M in a pre-seed funding round led by Luminar Ventures, with participation from Alliance VC, Wave Ventures, and angel investors (English, ℹ️ database). ➡️ Startup first covered in PRO in May 2025.

• Wayout (Stockholm, developer of a system for local production and distribution of perfect drinking water): SEK26.6M (€2.4M, $2.7M) in a Series A extension from existing shareholders and new strategic investors (English, ℹ️ database).

• Aire, formerly Energy Director (Jönköping; AI-powered real-time energy optimization solution): SEK15M (€1.4M, $1.5M) led by new investor Starbright Invest, and existing investor Spectria Invest (Swedish, ℹ️ database).

• Waveium (Lund, instant wireless simulations, through a single APIs): SEK5M (€450K, $510K) in a pre-seed round led by Almi Invest (English, ℹ️ database). ➡️ Startup first covered in PRO in January 2025, funding first covered on April 21.

• PredictMe (Linköping, AI-powered epigenetic analysis to identify early biological changes): SEK5M (€450K, $520K) in a seed funding round from Linus Gunnarson (English, ℹ️ database).

• MiMove (Helsingborg, platform for searching properties for sale and rent in Spain and Portugal): SEK5M (€450K, $510K) from Sigul Invest, Rydebäck Ventures, and HETCH (English, ℹ️ database).

• Anferra (Gothenburg; technology that turns steel grinding swarf, a waste today largely landfilled, into high-quality input for producing water treatment chemicals): SEK4.7M (€420K, $480K) SKF Ventures, Stephen Industries and existing investor Chalmers Ventures (English, ℹ️ database). ➡️ Funding first covered in PRO on June 15.

• LivingFilters (Malmö; develops AI-designed proteins that act as biosensors and filters to capture specific molecules, substances or pathogens in water): SEK4.6M (€420K, $470K) in a pre-seed funding round led by Turbine Capital (English, ℹ️ database). ➡️ Startup first covered in PRO on January 14.

• Everi Labs, initially Luderi Technologies (Stockholm & San Francisco, AI-powered documentation and compliance for prosthetic & DME clinics): undisclosed amount from node.vc, Norrsken Evolve, Inception Fund, and others (English, ℹ️ database). ➡️ Startup first covered in PRO in June 2025.

• Identione (Skellefteå; identity platform that helps trust move with people across digital and physical environments): undisclosed amount from Partnerinvest Norr and Ääkköset Oy (Swedish, ℹ️ database).

• [PRO last week] An infrastructure startup aimed at both humans and agents raised significant yet-to-be-announced funding, at a 80% valuation increase.

• [PRO last week] A platform helping brands launch creator campaigns in minutes, raised first funding from prolific investors.

• [PRO last week] A startup building AI for cultural institutions raised a $6M seed funding round.

I covered many more funding rounds, and more details for each, in Swedish Tech News PRO last week. Learn how to get access to PRO.

What leading startup investors in Sweden are saying

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"Jag ville bara höra av mig för att säga att dina utskick är otroligt bra. Så skarpt selekterad info!"

"I'm already seeing a lot of value after just a couple of days!"

"Feels like having an unfair competitive advantage"

"This is gold!"

"I really love the service and it has helped me extensively with my deal flow."

“Är superimponerad av produkten”

• KTH Innovation Launch unveiled batch 23, comprising 20 startups (English). There is also a second program this time, called KTH Innovation Sprint. 10 companies were selected (English).

• Abundry, a new Swedish startup co-founded by the founders of Einride, is building "the intelligence that unlocks abundant capacity across energy systems, from a single site to entire regions" (English).

• Tistel, a new startup co-founded by Daniel Ek, reports almost SEK30M in revenue and a nice profit for the first year. The company is developing high-volume unmanned vehicle systems, designed for mass deployment (Swedish / Breakit paywall).

• Neko Health, the Stockholm-headquartered preventive healthcare provider also co-founded by Daniel Ek, is expanding its health scan to include body composition analysis, and launches the option to let patients provide their wearable health data (English).

• Stackship, a Borlänge-based sovereign cloud-like platform, is launching Circuit, an AI software builder for the public sector and regulated industries (Swedish, machine translation). ➡️ Startup first covered in PRO in October 2025.

• Nordluft, a utility drone startup based in Stockholm, received a Swedish permit for operating advanced drone operations in forest environments (Swedish, machine translation).

• Diet Doctor, the almost 20-year-old Stockholm company that offers a subscription service for low carb-centered diet advice and also the satiety-focused nutrition app Hava, is bankrupt, following "several challenging years", and a funding round that fell apart (English).

• The founders of Lovable, Legora and Tandem Health have submitted a formal request to the Swedish government calling for modernised employee stock option rules (English, Swedish / SvD paywall).

• On the same topic, Breakit⁠ asked three Swedish parties — Moderate Party, Social Democrats, and Centre Party — about their stance on employee stock option rules. All appear supportive of improving the framework for young growth companies (Swedish / Breakit paywall).

• Stockholm Hardware Hackathon – "Europe's biggest AI hardware competition" – will take place on July 4-5 in Stockholm, at MagasinX (English).

• Analysis of the self-inflicted crisis Sweden's publicly traded property platform Hemnet has put itself in (English).

• Norrsken Launcher has closed its second fund at a hard cap of €80M, to fund around ten teams with scientist and engineering backgrounds (English, Swedish / Di Digital paywall). ℹ️ Database: past investments in Swedish startups

• Norrsken Launcher is also is hiring a Head of Talent in Stockholm (English).

• Norrsken VC promoted Alexander Danielsson from Partner to General Partner (English).

• [PRO last week] A stealthy Swedish startup focusing on solutions related to running agents over long periods of time – including dormant states – is gearing up for launch.

• [PRO last week] A platform that can be described as an "Airbnb for storage", has quietly launched.

• [PRO last week] Another quiet launch: An AI video creation tool for professionals, enabling them to generate cinematic viral videos "with precision, speed, and control".

• [PRO last week] A fintech in the consumer loan space grew net revenue by 62.5% to over SEK100M, while becoming a profit machine.

• [PRO last week] A Swedish serial solo developer released a native macOS terminal with a built-in AI assistant.

I covered many more news – many of which have not been reported elsewhere – and more details for each, in Swedish Tech News PRO last week. Learn how to get access to PRO.

If PRO is overkill for you, consider joining PLUS for only 49kr/month (around €4.50):

+ Database with announced funding raised by Swedish tech startups, updated on Mondays
+ Database with 1200+ VCs, investment firms, and angel investors active on the Swedish market
+ Startup search (more daily searches than free users, certain limits apply)
+ Selected database specials
+ Tech event calendar

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

• Various incl. Full-Stack Product Engineer, Design Engineer, Founding Associate (Everi Labs)
• Head of Product Design (Tandem Health)
• Sales Manager (Nil Medical)
• Chief Commercial Officer (CLER)
• Various incl. Full-Stack Developer, Head of Marketing & GTM, AI Engineer (Migma.ai)
• Head of Growth (Nordic Angels)
• Forestry Expert & Advisory Lead (Treebula)
• Service and Aftermarket Representative (Vidde)

To the listings

Special shout-out to my partner Eivora for providing me with access to their awesome AI-powered ownership database of Swedish companies.

• At similar funding and growth, AI native startups are 25% smaller; they have more engineers, denser expertise and fewer managers, according to a new working paper (English).
  
• The high demand for hot AI startups has led to an uptick in different valuations for the same funding round, in which early believers, leads, or top investors are being rewarded (English).
  
• A hypothesis that "agreeableness" in pitch meetings could be one cause for why women-founded startups are underfunded (English).
  
• Checklist for early-stage founders to set up a solid shareholders’ agreement (English).
  
• Norway is imposing a near ban on the use of generative AI tools by elementary school pupils while also restricting their ​use in the education of older children (English).

• Sweden ranks #3 in Europe when it comes to 5G availability (English).

• Sweden will get a new national test center for 5G and 6G technology, backed with SEK300M (English, Swedish).

• When it comes to data centers, Nordic markets have the lowest climate risk, according to a study (English).

• Swedish EV manufacturer Polestar, owned by Chinese automotive giant Geely, will no longer be able to sell its new cars in the US market, the Trump administration has decided (English).

• At an average rent of €2650, Stockholm and Dublin are the most expensive EU capitals for renting a two-bedroom apartment, according to Eurostat statistics cited by Euronews (English).

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

Martin

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