Category: Social
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Propel Capital secures 27 MSEK
(Stockholm, a pre-seed fund that is an investment arm of Sting): Has secured 27 MSEK for its new fund from a group of angel investors. “On the angel side, there is incredible power – they don’t operate under the same underlying mechanisms as a VC fund. The customer is themselves, and the hunger to invest…
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Securdia has been acquierd by Bas Invest
(Stockholm, personal alarms for people working alone): Has been acquired by Bas Invest with member Paul Rönnberg, who now holds a majority stake, for an undisclosed amount. “We have a shared plan to build the world’s largest personal alarm company. We want to make that journey together, digitize the entire security industry, and be some…
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Turbine Capital secures 300 MSEK
(Stockholm, an early-stage deeptech fund): Has secured 300 MSEK for its new fund from Saminvest, Saab, and undisclosed investors. “We are creating more than just a fund. This is a platform for collaboration across industry boundaries for scaling deeptech innovations,” comments member Pär Hedberg, co-founder of Turbine Capital.
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Skye raises 3 MEUR
(Stockholm, enables industries to actively manage and optimize their electricity consumption): Has raised 3 MEUR in a funding round from Byfounders, Emblem, and Hawktail. “What they are building is not only innovative; it has the potential to generate really good financial returns and dramatically reduce the environmental impact for industrial companies,” comments member Sara Rywe,…
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Ka Yo raises 10 MSEK
(Stockholm, sells sports clothing and equipment): Has raised 10 MSEK in a funding round from Annica Kjellman, Mikael Kjellman, Andreas Koschnike, Nils Tham, Stefan Palm and member Margaux Dietz. Reportedly, the investment is intended to expand inventory in order to grow e-commerce.
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Finch raises 11 MSEK
(Malmö, an AI-powered generative design platform for architects): Has raised 11 MSEK in a funding round from Ampli Ventures. “The team has a strong vision and the technology is clearly in demand – that’s a combination we’re happy to support,” comments member Hannah Meiton.
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Fill raises 5.5 MSEK
(London, automates document workflows with reusable templates and online forms): Has raised 5.5 MSEK in a funding round from Sebastian Knutsson, Riccardo Zacconi, Söderberg & Partners, and founding member Lars Lindgren. “The companies own the data flow all the way through, and that’s where we differ from the older, heavy systems that already exist,” comments…
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The Healthy Brands Company has been acquired by Umida
(Stockholm, specializes in well-being, health, energy, and fitness products): Has been acquired by Umida for an undisclosed amount. The Healthy Brands Company was owned by founding member Ash Pournouri. “The acquisition of The Healthy Brands Company should be seen as the start of a new effort, allowing us to bring more innovative brands and products…
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Starhive raises 5 MUSD
(Stockholm, a no-code AI-empowered app-building system): Has raised 5 MUSD in a funding round from Ventech with member Joel Uddén and node.vc with founding member John Elvesjö and members Daniela Sjunnesson, Rebecca Sjödin, Mårten Skogö, Henrik Tellving, and Andy Johnston. “Starhive provides a seamless, intelligent solution that combines the simplicity of ready-made software with the…
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Geoguessr raises undisclosed amount
(Stockholm, a web-based geographic discovery game): Has raised an undisclosed amount from Orkila in a transaction valuing Geoguessr at 4.2 billion SEK. Early investors include member Nicklas Storåkers and founding members Anna Storåkers and Karl-Johan Persson. “Just like in previous ownership changes, the goal was to bring in the right expertise and experience to support…