Stockholm-based HRtech startup Alexis raises €1.2 million in seed funding

Alexis, a Stockholm-based SaaS company that offers medium-sized companies people management software, has raised €1.2 million in a seed funding round led by Alliance Venture, paving the way for new hires and further scaling in the Nordics. Since its start in February (just before the pandemic hit European economies), the company has grown 50 percent […]

Swedish consumer e-commerce giant BHG acquires online retailer Nordic Nest in €175 million deal

Nordic e-commerce powerhouse BHG has acquired 97.6% of Scandinavian design e-tailer Nordic Nest, it announced on Sunday (hat tip: Breakit). The deal values Nordic Nest, which was founded in Sweden back in 2002 (under the name Designonline), at approximately €175 million. The sellers of Nordic Nest include Nordstjernan, Philian Invest, Stella Capital, Jörgen Bödmar, its […]

“Video recording for really busy people”: SuperNormal scores $2 million seed round led by EQT Ventures to serve remote teams

SuperNormal, a ‘remote-first’ startup building an AI platform for business video recordings, has secured $2 million in seed funding in a round led by EQT Ventures. A number of angel investors from the Nordics – the company has roots in Stockholm – also participated, including David Helgason (Unity), Hampus Jakobsson (Pale Blue Dot), Mattias Miksche […]


Swedish online vet clinic FirstVet raises $35 million to launch in the US

Stockholm-based Firstvet has closed a $35 million funding round, just a year after raising €18.5 million in a Series B. Mubadala Capital led the round, with participation from Cathay Innovation alongside existing backers, OMERS Ventures and Creandum. The digital veterinary platform will use the capital to launch in the US. The pandemic-driven boom in remote […]


Nordic digital energy company Tibber raises $65 million

Digital clean energy company Tibber has set a goal to reduce European households’ electricity consumption by 20 percent. To that end, the Stockholm-based startup raised $65 million in equity funding, thanks to a round led by Eight Roads Ventures and Balderton Capital. In Tibber’s view, beyond the switch to renewables, the energy transition must include […]

Sensorfact: First aid for managing SMEs’ electricity consumption

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