Location: Sweden
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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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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…
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Goals raises 90 MSEK
(Stockholm, a game that combines football and NFTs): Has raised 90 MSEK in a funding round from Sebastian Knutsson, Daniel Antell, Mikael Falgard, and John Wattin. Early investors include founding member Sophia Bendz. “We’re building the best game engine in the world,” comments Andreas Thorstensson, founder of Goals.
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Polar Light Technologies raises 34 MSEK
(Lindköping, enables significantly smaller and more energy-efficient light sources): Has raised 34 MSEK in a funding round from Stoaf, Almi Invest, Sustainable Energy Angels, LiU Invest, J2L Holding and Butterfly Ventures with member Anette Nordvall. “The investor’s interest confirms both their belief in our technology and our ability to deliver,” comments Oskar Fajerson, CEO at…
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Zëiyt raises 10 MSEK
(Stockholm, Palestinian olive oil for skin and hair): Has raised 10 MSEK in a funding round from Martin Lorentzon. “Of course, I’m aiming to build a billion-dollar company, preferably global, but the stock market seems insanely complicated. In my interview series on entrepreneurship, ‘Gina mot Miljarden,’ I talk to different entrepreneurs to find out what…
