Area of interest: Other
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HMVX raises 30 MSEK
(Stockholm, an initiative for circularity in the textile industry): Has raised 30 MSEK in a funding round from majority owners Vargas and H&M with founding member Karl-Johan Persson. Susanna Campbell, Emma Stjernlöf, and member Mia Hemmingson also participated. The details on the initiative are still scarce, however the former Polestar executive Dennis Nobelius has been…
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Understatement raises 20 MSEK
(Stockholm, women’s underwear designed with comfort at the core and made to complement every body): Has raised 20 MSEK in a funding round from Yanno Capital with members Anna and Nicklas Storåkers alongside Mellby Gård, and Purefun. “Our investment in Understatement is based on a firm belief in the company’s strong potential and its unique position in the market. The company’s values, with a clear…
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Carla raises 62.5 MSEK
(Stockholm, a marketplace for electric cars and plug-in hybrids): Has raised 62.5 MSEK in a funding round from Bonnier Ventures, Black Ice, and Inbox Capital with founding member Martin Wattin and member Markus Kitunen. ”The purpose of this round is to ensure we reach profitability, with the ambition of achieving that during the second half of this year,” comments Patrik Illerstig.
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Office Recycling raises 18 MSEK
(Stockholm, a recycling specialist): Has raised 18 MSEK in a funding round from AGV with member Omid Noghabai. “A very exciting company with a strong entrepreneurial drive. Now they are entering a new phase and modernizing waste management in the real estate industry with new technology, which aligns well with AGV’s values,” comments Felix Sandquist.
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Visit Group raises 1 billion SEK
(Gothenburg, an e-commerce, distribution, and marketing platform for the tourism industry): Has raised 1 billion SEK from PSG Equity. Visit Group was valued at 2 billion SEK in the transaction. “Those of us active in the company continue to roll forward, while we bring in a strong global player who understands the hospitality industry from a digital perspective. Our…
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Iris raises 42 MSEK
(Mexico City, a social network platform in stealth mode): Has raised 42 MSEK in a funding round from EQT Ventures with member Carl Svantesson alongside member Vahid Toosi, Eric Wall and Aleksei Magusev. Few details about the venture are currently known, other than that Iris was valued at 200 MSEK and that EQT Ventures owns just over 20 percent.
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NA-KD raises 170 MSEK
(Gothenburg, a fashion company for women): Has raised 170 MSEK in a funding round led by Quadrille. Early investors in Na-kd include founding member Magnus Emilson. “It is a ‘game changer’ that will really give us the opportunity to elevate the company, I see it as us entering a new era,” comments Mattias Jacobsson, CEO at NA-KD.
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El Taco Truck raises 12 MSEK
(Stockholm, a vegan foodtech brand selling tex-mex products): Has raised 12 MSEK in a funding round from Fredrik Österberg, Steindahl, Malin Mortensen, and Nicoya with founding member Christopher Slim. El Taco Truck, which in total has now raised over 117 MSEK, will use the new funds to launch in the Norwegian market.
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Brink raises 20 MSEK
(Stockholm, provides a serverless e-commerce solution for D2C brands): Has raised 20 MSEK in a funding round from Forward and Daniel Johnsson. Early investors include Wellstreet with members Evelina Anttila, Henric Enhörning, Armando Coppola, and Helen von Bahr. “The purpose is to continue fueling the growth Brink is experiencing and preparing it for an international expansion,” comments Christian Zanders.
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J Huggins and Son acquired by Cary Group
(Tamworth, a specialist in vehicle glass repair and replacement): Has been acquired by Cary Group. “The acquisition of J Huggins and Son is an important part of our strategy to further strengthen and consolidate our market position in the United Kingdom. The company is a well-run business, and we look forward to it joining Cary Group,” comments member Anders Jensen.
