Bintel Reports 212% Surge in Order Intake

Smart waste management startup Bintel reports it has achieved a remarkable 212% increase in order intake during the first three quarters of 2023 compared to the same period last year. Swedish Tech Weekly reports that based on the Swedish public company data, that would break with last year’s less positive trend. Revenue in 2022 was reported […]

No More Wilted Greens: Saveggy’s Edible Coating Technology Gets Funding to Protect More Fruits and Vegetables

Saveggy, a Sweden-based startup, has developed a groundbreaking technology that can extend the shelf life of fresh cucumbers by protecting them from dehydration, oxidation, and microorganisms. The technology involves spraying an edible and fossil-free material onto the cucumbers made from natural and food-grade ingredients. Recently Saveggy has received a 5 million SEK grant from the […]

From Pilot to Reality: Smart Waste Bins Project Delivers Impressive Results at Bintel

We recently wrote about Bintel’s latest invest round. Now they are in the news again. Their innovation project “Smart waste bins” has successfully achieved its goals, marking a new era for waste management. The 18-month pilot project was a collaboration between SSAM, Bintel and Prezero, funded by the EU program UIA within the framework of […]

Bintel Secures €1.25 Million in New Investment Round to Scale Up Smart Waste Solutions

Skåne-based impact startup Bintel has successfully closed a new investment round of €1.25 million (SEK 14 million) to expand their smart digital solutions for the waste industry, with investors including Almi Invest Greentech and EIT (European Institute for Innovation and Technology) “What we’re seeing now is great – our solution has a very clear value […]

Paindrainer secured funding for AI based chronic pain management app

Founded in 2018, the Lund- based Digital therapeutics company, Paindrainer, recently announced that it has successfully completed a share issue of 10 Million SEK (€ 880.000). The funding boost will enable the company to launch their innovative digital self-management tool for chronic pain patients without drugs. In addition, it will enable the company to speed […]

Qvantum, raises €42M to accelerate launch of next generation heat pumps

Sweden based heat-pump systems and technology company, Qvantum announced that it has successfully raised €42 Million (460 Million SEK), in a Series B funding. The lead investors include Thomas von Koch (Partner and ex CEO of global private equity firm EQT), IMAS Foundation (a sister foundation to the INGKA Foundation, owner of INGKA Group operating […]