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European tech weekly recap: Over €733M invested into the tech ecosystem in the last week of August
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Fintech
Klarna’s Q2 losses swell after hit with restructuring charge
Klarna has reported a year-on-year increase in losses in Q2 to record a net loss of $53m after…
John Reynolds
14 August 2025
Artificial Intelligence
Lovable becomes Europe’s latest unicorn, following $200M funding round
Lovable, the hyped Swedish coding startup, has become Europe's latest unicorn, after a $200m…
John Reynolds
17 July 2025
Logistics & Transportation
Heart Aerospace scraps Swedish operations, 75 roles axed in US move
Swedish hybrid-electric aeroplane maker Heart Aerospace is scrapping its Swedish operations and…
John Reynolds
30 April 2025
Healthtech
Swedish obesity healthtech Yazen raises €19.5M
Yazen Health, a telehealth platform targeted at patients with obesity-related health…
Lucy Adams
04 November 2024
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Energy
Flower tops up Series A round by €20M
Energy tech firm Flower has closed its Series A funding with a further €20M, bringing its round to €45M. The company, which offers software…
Lucy Adams
01 November 2024
Fintech
Swedish unicorn Trustly says IPO “not around the corner”, despite appointing IPO-experienced CFO
Swedish payments unicorn Trustly says it's…
John Reynolds
09 October 2024
Fintech
New CEO of Northmill Bank appointed
Swedish Northmill Bank has appointed Julie Chatterjee as its new CEO. She was previously Deputy CEO and Chief Commercial Officer of Multitude…
Lucy Adams
16 September 2024
MarTech
Swedish Hypertype scores €600,000
Sweedish startup Hypertype, founded in 2021, has secured SEK 7M in a round led by ButterflyVentures and Bust. The company plans to expand and…
Lucy Adams
03 July 2024
VC Fund
Sweden appointed LP of NATO Innovation Fund
Sweden has officially become a Limited Partner of the NATO Innovation Fund, joining 23 other…
Lucy Adams
19 April 2024
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General
10
10 Swedish startups to watch in 2024
With €5.7 billion raised in total in 2023, Sweden took fifth place among the best-performing countries, as stated in our Annual report. Two…
Tamara Djurickovic
18 April 2024
Data Analytics
Data analytics provider Bridgewise raises $21M
Bridgewise has announced the completion of a $21 million funding round, bringing its total…
Lucy Adams
16 April 2024
Fintech
Swedish lender Froda says Klarna alumni key to growth as launches in Ireland
Swedish lender Froda says Klarna alumni have been key to its growth, as it expands into…
John Reynolds
18 March 2024
E-Commerce & Marketplaces
Mylla receives funding to expand its farm-to-table digital marketplace
Food shortages and rapid price increases due to the pandemic showed how Europe urgently needs…
Cate Lawrence
14 September 2023
Investment
B2B music streaming service Soundtrack Your Brand raises $15 million
Stockholm-based “Spotify for Business” B2B music streaming service Soundtrack Your Brand has…
Dan Taylor
16 June 2023
Climatetech
Checking in with 'climate fintech' scale-up Doconomy: An interview with CEO Mathias Wikström
We caught up with Mathias Wikström, CEO of…
22:18
Robin Wauters
08 June 2023
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