Category: Social
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1X raises 100 MUSD
(Oslo, an AI and humanoid robotics firm): Has raised 100 MUSD in a funding round from Sandwater, Samsung Next, Skagerak Ventures, Nistadgruppen and EQT Ventures with member Carl Svantesson. Early investors include OpenAI. The investment will support the development of NEO, a humanoid robot for consumer use. “From Leonardo da Vinci, to today’s sci-fi, people have dreamed of humanoid robots for more than 500 years.…
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Goodfeed raises 5 MSEK
(Gothenburg, a SaaS platform for improved processes concerning client feedback): Has raised 5 MSEK in a funding round from Sofia Alexus, Åke Lundén, Markus Kullendorff and RadCap with member Nastaran Baleng-Soultani. “We see a clear trend in the industry that the work procedure, meaning how you work together, is an obvious competitive advantage for keeping clients and talent,” comments Henrik Nordling.
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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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Kost Capital secures 25 MEUR
(Copenhagen, a VC fund providing pre-seed and seed funding for early-stage bio-economy startups): Has secured 25 MEUR for its new fund. “We all need to eat, but the food system is broken. A growing population, climate change, food waste, health issues, and policy changes require rapid funding now to ensure sustainability, efficiency, and resilience in…
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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.
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Minut raises 20 MUSD
(Malmö, provides tools for improved property management for rentals): Has raised 20 MUSD in a funding round from Smedvig Capital, Almaz Capital, Kompas, Karma, KPN Ventures, SOSV, Verve and Zenith with member Erik Lindblad. “Minut has a fantastic opportunity to become the global leader in short-term rental property monitoring,” comments Freddie Kalfayan, senior associate at Smedvig Capital.
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Zymego raises 21.6 MSEK
(Stockholm, a platform that lessens the administrative burden for healthcare workers): Has raised 21.6 MSEK in a funding round from Spintop Ventures with members Peter Carlsson and Isabel Nilson. “Our goal is to eliminate administration in healthcare and dentistry as well as shorten waiting times for patients and make care more accessible,” comments Nathalie Rohlén.
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Zcooly raises 10 MSEK
(Gothenburg, develops educational games for children): Has raised 10 MSEK in a funding round from undisclosed existing investors. Early investors in Zcooly include member Adam Lindberg. Zcooly, whose revenue this year will amount to 21 MSEK with a profit of 1.5-2 MSEK, will use the capital to fuel a continued expansion in the US.
