1337 Partners brings four new investors on-board
One of the more unknown investment ventures in the region has recently announced they have raised more money for their fund. 1337Works and their investment structure 1337 Partners. 1337Works and 1337 Partners is a hybrid between a startup studio and an investment fund. 1337Works, being the co-founder of the digital ventures, runs the pre-seed phase […]
BetterWealth raises money for AI investment tool
AI money management plattform BetterWealth has reported they have raised almost € 1 million (10 million SEK) from business angel Nils-Robert Persson, who has a past as CEO at fintech company Cinnober. The aim is now to grow the service in Sweden, before expanding further. “We want to establish us on the Swedish Market. We […]
Four SaaS startups praised by Accel Partners
Accel recently released a report with a focus on top 100 SaaS startups. From this region four made it to the list: Planday, Peakon, GetAccept and Templafy all where listed. “From 2016 to 2019, it rose from $2 billion to $5 billion, growing much faster than in the US, which grew from $15 billion to […]
TwentyThree acquires UK video platform Buto
TwentyThree, the video marketing platform, recently announced that it has acquired Buto, a UK enterprise video platform TwentyThree has been one of the more prominent startups in the region for a long time. Since launching it’s marketing platform and adding a webinar tool, TwentyThree has seen significant pick-up from growth companies and enterprises globally. From […]
Co-living startup LifeX announces € 7.5 M funding
LifeX, a startup that sets up and manages a network of co-living homes for young professionals, recently announced a € 7.5 million Series Seed financing round led by Berlin based Cherry Ventures and Copenhagen based Founders. Founded in 2017 by Sune Theodorsen and Ritu Jain, LifeX focuses on helping young professionals settle in Europe’s fastest […]
Donna Technologies raises € 2.2 M seed round led by Point Nine Capital
Donna Technologies, a legaltech startup based in Malmö, has recently raised € 2.2 million ($ 2.5 million) seed round, led by Berlin based Point Nine Capital. “We’re really excited to have the backing of Point Nine as we move into the next phase of our growth. The team’s experience with investments in companies like Typeform, […]
Goodiebox raises €5,7M to boost growth in Europe
Goodiebox, a Copenhagen-based beauty-tech startup, has announced the close of a € 5,7 million Series A funding. Behind the funding are new and existing investors, including InQvation and The Danish Growth Fund. The new investment will be used to fuel Goodiebox’ growth in Europe, as the company aims to have 150.000 subscribers and € 3,3 […]
Tencent acquires Malmö videogame developer Sharkmob
More gaming news from Malmö this month. Earlier this week, Tencent Holdings Ltd announced that they had acquired Malmö-based videogame developer Sharkmob, for an undisclosed sum. “We view the future of online gaming the same way and Tencent being a leading internet and games platform gives Sharkmob the reach and resources to be a part […]
Pleo Raises €50M Series B
Fintech startup Pleo, an all-in-one business spending platform that provides smart company cards to automate expense reports, announced a € 50 Million Series B financing. The round is led by Stripes, a New York-based growth fund, with participation from existing investors, Kinnevik, Creandum and Founders.The round brings the total amount raised by the company to […]
Realm acquired by MongoDB for € 35 million
Realm, an open-source database geared for mobile applications, has announced they have been acquired by MongoDB. We have previously reported on Realm raising there Series B from Khosla Ventures, and on them reaching 1 billion users already a couple of years back. Now it has been announced they have been acquired by MongoDB, reportedly for […]