Sweden

This Swedish startup wants to reduce the cost, and controversy, around stem cell production

With the news that “mini organs” have been grown for the first time using human stem cells, this futuristic area of bio-medicine is clearly accelerating by leaps and bounds. However, harvesting st

A look at Sweden’s startup scene as Techstars drops Stockholm program

Techstars’ decided to end its Swedish accelerator program. Let's dig into the country’s startup scene to understand how the smaller venture market is adapting to a changed investing climate.

Digip digitizes the process of applying for trademarks

For businesses, protecting trademarks is often a lengthy and expensive process, especially if they have multiple brands. Digip digitizes much of the process, helping its customers file trademarks by t

China’s EV upstart Nio switches on power-swap station in Sweden

Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When

Swedish last-mile delivery companies Instabox and Budbee to become Instabee in $1.7B merger

Swedish last-mile delivery companies Instabox and Budbee have have announced plans to merge in an 18 billion krona ($1.7 billion) deal. The two companies, which were both founded out of the Stockholm

Comcast and Paramount’s streaming service SkyShowtime launches in the Nordics this month

Comcast’s Sky and Paramount announced the official launch date for SkyShowtime, a new European streaming service. It will initially launch in Denmark, Finland, Norway and Sweden on September 20, 202

Mavenoid, which automates technical support and onboarding for hardware companies, raises $30M

Mavenoid, a Swedish company that provides both human- and AI-enabled support and troubleshooting tools for hardware companies, has raised $30 million in a series B round of funding. Founded out of Sto

Ex-Apple engineer admits stealing automotive trade secrets

A case concerning Apple’s driving trade secrets which started in 2018 has come to a close. Xiaolang Zhang, a former Apple employee, pleaded guilty on Monday to stealing confidential information

Sustainability data platform Worldfavor fuels up for ecosystem opportunities

More funding for sustainability reporting: Sweden’s Worldfavor, an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations

How the problem of hiring healthcare staff has become a fertile ground for startups

The healthcare crisis — more evident now as summer heatwaves put pressure on hospitals — is resulting in a staffing boom. But healthcare professionals in Europe can end up with bad terms and pay d

Fintech Klarna reportedly raising at a $6.5B valuation, giving new meaning to the phrase ‘down round’

In a sign of the times, Swedish buy now, pay later giant Klarna is reportedly close to inking a new round of funding that would slash its valuation to $6.5 billion — about 1/7 of what the compan

Google for Startups deploys $4M of grant funding to 40 Black-led startups across Europe

In an effort to kick-start a greater number of Black tech founders in Europe, last year Google for Startups launched a $2 million (£1.5 million) grant fund to help tackle the quite obvious and stark

COVID was the best thing for Kitty, as insurance apps for pets boom

Technology turned out to be a boon for pets during the pandemic. Without ready access to vets, pet owners turned to mobile apps to keep track of their pet’s health, often via educational content

Congress asks Meta, TikTok, YouTube and Twitter to archive evidence of Russian war crimes

Four U.S. representatives signed letters to the CEOs of Meta, TikTok, YouTube and Twitter urging them to archive any content uploaded to their platforms that could be used as evidence of Russian war c

Byrd nabs $56M to grow its European e-commerce logistics and fulfillment network as an alternative to Amazon

Shopify put a spotlight on the role and significance of logistics and fulfillment in e-commerce when it snapped up Deliverr for $2.1 billion last week to gain its own, direct foothold into providing t

PocketLaw, a contract automation SaaS for SMEs, secures Atomico’s support

Swedish startup PocketLaw — a contract automation software-as-a-service legal tech platform that is mainly focused on SMEs — has pocketed €10 million (~$11 million) in Series A funding l

Batteries have become VC and PE’s most electric investment opportunity

Five years ago, battery startups attracted important but not transformative investments. But money began pouring in toward the end of 2020. What changed?

Report reveals Big Tech’s last minute lobbying to weaken EU rules

A new report has peeled back the curtain on big tech’s frenzied lobbying of European Union lawmakers as they finalize a major series of updates to the bloc’s digital rulebook. It reveals s

European startups elude global VC funding slowdown in Q1 2022

VC funding into Europe was up in the first quarter of 2022, CB Insights and Crunchbase data show. In other words, the region escaped the global quarter-on-quarter slowdown in startup investment. 

Annotell raises $24M for tech that tests autonomous vehicle perception systems to improve how they work

As the automotive industry inches slowly ahead on the road to self-driving vehicles, we’re seeing the emergence of startups aiming to fill in some of the technical gaps in autonomous systems as
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