This week, Natalie Novick and Andrii Degeler discuss fresh funding for Klarna, the “substantial” extension of FlixMobility’s latest round, a startup that makes money by fishing e-scooters out of Seine, the Molengeek project, and much more. The interview of the week is a conversation with Klarna’s Sebastian Siemiatkowski recorded at last year’s TOA conference in Berlin.
Klarna, the Sweden-born payments and banking service provider, has raised $460 million in an equity funding round at a post-money valuation of $5.5 billion, the company announced today. The company points out that the valuation makes it the largest private fintech company in Europe. Be that as it may, its financing round is the latest […]
The Swedish tech startup behind the Minut smart home alarm has raised $8 million in Series A funding, bringing its total amount raised so far to over $10 million. The investment round was led by KPN Ventures and sees Centrica as a new investor, alongside previous backers Karma Ventures, SOSV, and Nordic Makers. The new […]
Strafe, a fan app for esports enthusiasts, has raised $3 million in seed funding round led by BITKRAFT Esports Ventures. The capital will be used to focus on additional user acquisition, expanding its development team, and scaling its platform. Stockholm-based startup enables users to customise their in-app experience based on personal preferences. This allows them […]
Two Nordics-based public companies working on digital services and software, EVRY and Tieto, has announced a merger into a new company, TietoEVRY. The new entity will have combined revenue of some €3 billion and a team of 24,000 people. Both EVRY and Tieto serve customers across the world but have the strongest presence in the […]
Swedish cryptocurrency startup Bitrefill has landed $2 million in a fiat funding round led by Coin Ninja, with participation from Charlie Lee, Fulgur Ventures, and Bnktothefuture. The startup expects to use the funding to expand its development and marketing teams. Bitrefill, which builds its products for Bitcoin’s Lightning Network, states its mission as to help […]
Swedish videogame developer Stillfront, which has recently acquired Canada-based KIXEYE for $90 million, has conducted a directed share issue of SEK 500 million, or some €46 million. The company stated that the issue was “oversubscribed by Swedish and international institutional investors.” “When we announced the acquisition of KIXEYE, we also communicated that we planned to […]