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 battery in colder weather. Founded by Anders Vestin, Zemission’s technology uses a catalytic combustion process powered by ethanol or biodiesel, offering a more efficient way to keep trucks warm without draining […]
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 specializing in profitability analysis for eCommerce. Founded in 2019 by Frederik Boysen, ProfitMetrics introduced the “Profit-on-Advertising-Spend” (POAS) metric to help eCommerce businesses focus on profitability rather than just growth. ProfitMetrics, based in Lyngby outside Copenhagen, but […]
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 to replace traditional bitumen in asphalt production. This funding comes from the BioInnovation Institute’s Venture House program, which aims to support early-stage startups. Visibuilt’s binder, derived from fermented mycelium, offers a sustainable alternative that […]
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 and medium-sized businesses. The deal follows years of collaboration, with November First powering the Smart Pay function in Visma e-conomic, allowing businesses to automate supplier payments directly through their accounting software. Founded in 2016 by […]
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 seed funding round reports Swedish Tech News. The round is led by Gorilla Capital with participation from existing investors, including Chairman Fabian Hagman. Founded in 2018, OmMej aims to use this funding […]
Jonas Birgersson’s Vision to Solve Sweden’s Energy Crisis with Local Green Energy Networks

IT entrepreneur Jonas Birgersson, known for revolutionizing Sweden’s internet landscape in the 1990s by advocating for affordable broadband access, is now turning his attention to the energy sector. He was instrumental in Sweden’s transition to a modern telecom infrastructure, making him a pivotal figure in the country’s tech history. These days, Birgersson proposes a solution […]
Swedish Travel Tech Company Volubus Sets Sights on Becoming the Uber of Charter Buses

Travel tech startup Volubus is on course to raise up to € 1 million (SEK 10 million), with half already secured from existing investors. The startup, which offers a platform for booking private buses, plans to use the funds to further automate and scale its service using AI technology. By modernizing an outdated industry and […]
GetAccept Sees Revenue Rise to over € 10 million

SaaS startup GetAccept, founded in Malmö and prominent in the local startup ecosystem, reported a net revenue of € 11 million (SEK 128 million) for 2023, marking an 18% increase compared to the previous year. The startups pre-tax loss also improved a lot, narrowing to € 2.4 million (SEK 27 million) from € 3.4 million […]
The 0-Mission Secures Over €130K Pre-Seed Investment for Renewable Energy Expansion

Copenhagen-based renewable energy startup The 0-Mission has raised over €130,000 in a pre-seed funding round from business angels, including members of Angella Invest. Founded in 2022 by Anna Riis Hedegaard and Thomas Granhof, The 0-Mission aims to help businesses of all sizes contribute to green energy. The funding will accelerate growth in Denmark and support […]
Medbeat Secures Investment on Dragons Den, Valued at € 7 Million

Malmö-based Medbeat, founded by Erik Rask, recently secured € 135.000 from three investors on SVT’s Draknästet, the Swedish version of Dragons Den, valuing the company at over € 7 million (84 million SEK). Medbeat offers a wearable ECG device, allowing clinics to monitor patients effectively. The investment exceeded Rask’s initial request of 1 million SEK […]