Koenigsegg Automotive Secures €50 Million Investment from Chieftain Capital Management
Koenigsegg Automotive, the renowned Swedish megacar manufacturer located in the north of the Øresund region, in Ängelholm, has announced a € 50 millio…
Startup News
Ekolution Secures €2.2M to Scale Hemp-Based Construction Materials
Malmö-based Ekolution, which develops climate-friendly construction materials made from industrial hemp, has raised € 2.2 million (SEK 25 million) fro…
Österlensaffran.io Launches Autonomous Saffron Harvesting Robot, Leading Innovation in Sustainable Farming
Swedish Tech News reported on that Österlensaffran.io has unveiled its groundbreaking autonomous saffron harvesting robot, with the aim to transform s…
Weekly summary podcast: Week 39
Here we are experimenting with a new format: highlighting some of the weeks stories in a special podcast! Perfect for you who wants to listen to news,…
Brainlit Secures € 5 Million for Expansion with Focus on Sports and Healthcare
Lund-based startup Brainlit, founded by Bluetooth inventor Tord Wingren, has raised around € 5 million (up to 60 million SEK) in a funding round led b…
Startup Spotlight: Zemission – Tackling the Challenges of Electric Trucks with Innovative Heating Technology
Zemission, a Lund-based company is making strides in solving a major issue facing electric trucks: the reduced range caused by heating the cabin and b…
ProfitMetrics raises €2 Million from Ampli Ventures for Global Expansion
Swedish investment firm Ampli Ventures announced earlier this month it has invested €2 million in ProfitMetrics, a Copenhagen-based startup specializi…
Visibuilt Raises €1.3 Million to Transform Asphalt Production with Mycelium
Danish biotech startup Visibuilt announced it has raised €1.3 million in funding to further develop its innovative fermented binder, visiBIT, designed…
Fintech Startup November First Acquired by Visma to Strengthen Payment Solutions for SMEs
Earlier this month Visma announced their acquisition of November First, a Copenhagen-based fintech company specializing in payment solutions for small…
Malmö-Based OmMej Secures €350K in Seed Funding
Malmö-based startup OmMej, a platform focused on assessing children's mental health for public agencies, has raised € 350.000 (SEK 4 million) in a see…