Area of interest: Other
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Sellpy raises 75 MSEK
(Stockholm, an online second-hand platform): Has raised 75 MSEK in a funding round led by majority owner H&M with founding member Karl-Johan Persson. Michael Arnör, Philip Gunnstam, Oskar Nielsen, and Gustav Wessman also participated. Sellpy was valued at 2.68 billion SEK in the round.
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Digital Venue raises 3.5 MSEK
(Stockholm, a digital platform that helps museums and other tourist attractions become more accessible to the next generation of visitors): Has raised 3.5 MSEK in a funding round from Sebastian Johannisson Mählqvist, Khashayar Farmanbar, Marinvest, Grafo AS, and Almi Invest Mitt. Early investors in Digital Venue include member Daniel Lindberg.
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Done raises 4.5 MSEK
(Stockholm, an end-to-end service and marketplace for home services): Has raised 4.5 MSEK in a funding round from Almi and BLING Capital with members Deqa Abukar and Adnan Yousuf. Early investors include member Nastaran Baleng Soultani. Having more than doubled its turnover from 8.6 to 18.5 million SEK between 2022 and 2023, Done now aims to expand internationally.
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Artportable raises 1.8 MSEK
(Stockholm, Scandinavia’s largest online art gallery): Has raised 1.8 MSEK in a funding round from existing investors. Early investors include founding members John Elvesjö and Rustan Panday alongside members Andy Johnson, Samira Zarringhalam, Kerstin Cooley and Daniel Soussan. Artportable was valued at 67 MSEK in the round.
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Infinited Fiber Company raises 450 MSEK
(Espoo, a premium textile fiber from recycled fabric): Has raised 450 MSEK in a funding round from Inditex Group, TTY Management and H&M with founding member Karl-Johan Persson. “Investing in new innovative materials is an incredibly important part of our sustainability work for a circular future,” comments H&M.
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Syre raises 500 MSEK
(Stockholm, a textile impact company decarbonizing the industry through textile-to-textile recycling): Has raised 500 MSEK in a funding round from TPG Rise Climate. Early investors include H&M with founding member Karl-Johan Persson. The plan is to build twelve large-scale recycling plants around the world over eight years, that together can produce 3 million tons of recycled textile. “We will…
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eComID raises 27 MSEK
(Stockholm, empowers global online retailers to collaboratively reduce product returns): Has raised 27 MSEK in a funding round from CapitalT, Anaheta Bernenberg-Consbruch, Madeleine Persson and H&M Group Ventures with founding member Karl-Johan Persson. “At CapitalT, we believe that fantastic people create fantastic companies, and the founding team of eComID impressed us from the first meeting with their shared passion, energy, and early positive results,” comments Janneke…
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Dealguru raises 10 MSEK
(Stockholm, a community for people who love good offers and deals): Has raised 10 MSEK in a funding round from Gorilla Capital with member Petter Hattenbach, Innovestor, Nicklas Andersson and a handful of angel investors. “I love great deals, but there is no site that gathers all the really great offers and discounts. That’s why…
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Adway raises 31.6 MSEK
(Gothenburg, a platform for marketing and recruitment through social media): Has raised 31.6 MSEK in a funding round from Brightly Ventures with member Kerstin Cooley. Spintop Ventures with members Peter Carlsson and Isabel Nilson, Octopus Ventures and Adam Watson Gordon. Adway, which has raised over 140 MSEK in total, was valued at 247 MSEK in the round.
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Footway raises 50 MSEK
(Stockholm, an e-commerce store for shoes): Has raised 50 MSEK in a funding round from Rutger Arnhult, Christian De Luca, Anders Moberg, Svea Bank, Altocumulus, founding member Alan Mamedi and Industrifonden with member Peter Wolpert. Footway will also start collaborating with Juni in a collaboration that includes Juni lending up to 30 MSEK to Footway. “This is the beginning of a long-term partnership, and we look forward to our collaboration,” comments Samir El-Sabini,…
