Swedish Tech Weekly #364: Blipp, Neko Health, Unbounded, Float, Rivus Batteries, InfiniNode, Xaga Surgical, TekSiC, Workify, GenomeVault, Wellvector, Levtek, Tandem Health, Intric, Opper, Agaton, MINDPLEX, Parkster, Herd, 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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• Blipp (Stockholm, financing and transaction platform for private car deals) has been acquired by Svea Bank (Swedish, machine translation). ➡️ Added to the Exits Database for PRO subscribers.

• Truecaller, publicly traded Swedish caller ID company, has acquired the US-based communications technology company TextPlus for $15M (English).

• Delivery Hero, Germany-headquartered publicly traded local delivery platform giant co-founded and led by the Swede Niklas Östberg, is being acquired by Uber. As part of the agreement, Delivery Hero will sell Foodora – highly active in Sweden – to the New York-based investment firm SSW Partners (English, Swedish).

• Telenor Group, the Norwegian telecommunications provider, plans to acquire a controling stake in publicly listed Swedish broadband provider Bahnhof (English, Swedish / Di Digital paywall).

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

• Neko Health (Stockholm, preventive healthcare using early detection methods): $700M in a Series C funding round led by existing investors Lightspeed Venture Partners and O.G. Venture Partners. This funding comes ahead of the launch ​of the first US clinic ​later this year (English, ℹ️ database).

• Unbounded (Stockholm; building a solution to launch consumer surveys any time, globally and on demand, and get results in hours): $8M in a first large funding round led by Öhmangruppen. With this, Unbounded exists stealth (Swedish / Breakit paywall, ℹ️ database). ➡️ Startup and first funding first covered in PRO in March 2025.

• Float (Stockholm, unified finance stack for European tech): €4.5M ($5.15M) in a Series A funding round led by Chapters Group (English, ℹ️ database).

• Rivus Batteries (Gothenburg, developer of environmentally friendly organic redox flow batteries for large-scale energy storage): €2M ($2.3M) seed funding round led by Turbine Capital (English, ℹ️ database).

• InfiniNode Technologies (Gothenburg; develops high-performance, energy-efficient IP solutions for scalable SoC design: €2M ($3.4M) in a first larger funding round from Turbine Capital, PSV Hafnium, Norrsken Evolve, and existing investors (English, ℹ️ database). ➡️ Startup and first funding first covered in PRO in March 2025.

• Xaga Surgical (Helsingborg, developer of a biopsy needle for diagnosis of prostate cancer): SEK17M (€1.6M, $1.8M) from existing investors and shareholders, to accelerate use in the US (English, ℹ️ database).

• TekSiC (Linköping, first European company building a domestic supply of semi-insulating silicon carbide wafers for defence, radar and sovereign electronics infrastructure): SEK16M (€1.45M, $1.7M) in a seed funding round led by Turbine Capital (English, ℹ️ database).

• Workify (Hudiksvall, operations management system for haulage companies): SEK6M (€540K, $620K) from new investor Gorilla Capital and existing investors such as Almi Invest and Monen Invest (Swedish, ℹ️ database).

• GenomeVault (Stockholm; end-to-end biodiversity monitoring and impact reporting solution, powered by whole-genome sequencing and bioinformatics): SEK5M (€450K, $520K) in a pre-seed funding round led by Trio Impact Invest (Swedish, ℹ️ database). ➡️ Startup first covered in PRO on March 4.

• Wellvector (Stockholm & Oslo / NO; data mining engine for unstructured well data): undisclosed amount in a funding round led by Swedish investment firm Toshi, and Scottish well technology company group FrontRow (English, ℹ️ database). ➡️ Startup first covered in PRO in September 2025.

• [PRO during the past two weeks] A startup from northern Sweden aiming to shorten care queues in psychiatry, raised first larger funding.

• [PRO during the past two weeks] A startup building an emergency evacuation system for construction sites raised first funding.

• [PRO during the past two weeks] A stealth startup in the gaming space raised a first, yet-to-be-announced seven-digit USD funding round from a global VC firm.

• [PRO during the past two weeks] A stealth startup developing capital solutions infrastructure for Europe's middle market, raised first funding from a prolific Nordic early-stage fund.

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.

Startup founders: Request free access to my funding and investor database. Useful during your fundraising process.

• Around 30 Swedish entrepreneurs and business leaders urge the country's next prime minister in an open letter to "make it easier to start, grow and keep businesses in Sweden" (Swedish, machine translation).

• I published a post featuring 40 Swedish tech startups and scaleups that have shown good growth in 2025 without generating large losses (English).

• Levtek, a Malmö-based startup that develops ride-on cognitive robots and an AI-powered platform for human-robot workflows, has signed Voi as a customer for the e-mobility operator's central warehouse in Poland (English). ➡️ Startup first covered in PRO in August 2023.

• Tandem Health is adding clinical decision support to its AI medical notes product, allowing clinicians to ask health questions specific to that patient context mid-visit (English).

• Intric, Stockholm-based "sovereign AI platform for organisations that don’t compromise", has won the Swedish Government Offices as a customer (English).

• MINDPLEX, a startup from Stockholm, is now building specialized local & on-device AI models. For this the company is currently collaborating with the Swedish Armed Forces Interpreter Academy. ➡️ First covered in PRO on July 15.

• Opper, Stockholm-based provider of an EU-hosted API to access over 300 leading AI model, launched on Product Hunt (English).

• Agaton, Stockholm-based startup offering AI agents for sales teams, opened its first US office in NYC (English).

• Parkster, Lund-based mobile parking ticket provider, signed a significant agreement with Deutsche Bahn to manage all off-street parking facilities at 170 train stations across Germany (English, Swedish / Rapidus paywall).

• The Swedish Army launched STRILAB, described as "Sweden's warfighting incubator", aiming for "rapid capability development" (English, Swedish / Di Digital paywall).

• Klarna has submitted an application for a US banking license (English).

• Stockholm's "compression" is a factor contributing to the city's success in tech (English).

• Herd is launching "Sweden's first co-living for young entrepreneurs". Currently the applications for a the pilot project are open, aiming for ten participants (English).

• The nominations for Nordic Angels' 2026 Angel Prize are open (English).

• Norrsken VC is hiring a Communications Manager in Stockholm (English).

• [PRO during the last two weeks] A startup building the enterprise software layer for humanoid robots in production, is raising SEK10M in pre-seed funding.

• [PRO during the last two weeks] An audiotech startup rebranded and pivoted to now offering a modular hardware layer for brands to easily ship ambient AI.

• [PRO during the last two weeks] Repeat founders who raised almost SEK400M for their previous startup, are now building an AI workforce for construction.

• [PRO during the last two weeks] Another repeat founder, who raised over SEK100M previously, is now working on a precision health startup, currently in stealth mode.

• [PRO during the last two weeks] A "Legora Mafia" is forming.

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.

Find information on thousands of Swedish tech startups

New startups added daily, many still completely under the radar.

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

• Applied Marketing Engineer (epiminds)
• Senior Embedded Software Engineer, Lead Purchaser (Elonroad)
• Full Stack Engineer (Android + Backend) (TVM)
• Founding Growth (Favora)
• Full Stack Developer (AI-Native) (W Social)
• Engineering Director (Mentimeter)
• Technical Project Manager (Taigatech)
• Senior/Staff+ Software Engineer (SeenThis)
• Head of Operations (Co.Society)
• Product Builder (Eliq)
• General Counsel (Paebbl)
• Revenue Operations Manager (Xensam)

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.

• How tech workers are feeling in 2026, based on a large survey: a workforce splitting in two, where burnout is surging, optimism is fading, but fear of losing the job to AI isn't prevailant (English, 🎧 English / podcast interview version).

• The age of personalized hardware is coming. Who gets to write the software that runs on it? (English).

• The Economist ran 25 frontier AI models through the World Values Survey (English).

• For the first month ever, solar power provided a quarter of the EU’s electricity this June (English).

• An electric plane flew from Umeå to Vaasa on Finland's west coast, as part of a tour described as "the first time that a fully certified electric aircraft has crossed areas of open sea" (English).

• A new law requires digital and social platforms to remove gangs' crime ads targeting Swedish users within one hour of the police's request (Swedish, machine translation).

• Sweden plans to fine companies with frustratingly poor customer service (Swedish, machine translation).

• Sweden switches from Kiev to Kyjiv and abandons Russian names for Ukrainian cities (English, Swedish).

• Touchscreens in cars are getting even more distracting, according to a new test by Swedish online magazine Vi Bilägare (English, Swedish).

• In Sweden, more people now have a favorable opinion of China (27%) than the US (19%), according to Pew Research Center (English).

• Football fans around the globe decry VAR (video assistant referee) – putting a spotlight on Sweden, a country that has managed to hold firm against this scourge (English).

• Sweden is attracting a record number of tourists this summer, thanks to the "coolcation" trend (Swedish).

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

Martin

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