Queue-it reaches milestone of 1.5 billion users

Online queue system Queue-it has now passed the 1.5 billion milestone on the number of end-users that have accessed their virtual waiting room. After reaching 1 billion users less than a year ago, Queue-it it still growing rapidly. Queue-it is designed to manage website overload during extreme user peaks as a result of popular events […]

Danish banking app Lunar Way discloses €4.2 million (41 million SEK) funding

Mobile banking startup Lunar Way enters its next phase with funding of EUR €4.2 million (41 million SEK) from investors. The main investor is SEED Capital Denmark, along with a number of angel investors. Earlier this year Denmark’s biggest mortgage lender Nykredit also invested a minority stake in Lunar Way. The funding boost will help […]

Packbud starts collaboration with online marketplace Blocket

Malmö-based company Packbud has developed a digital service that matches people who need something moved with transport- and moving companies that have space in their trucks. The goal is to make use of spare capacity in the transport sector. Now the company is closing an agreement with Sweden’s largest online buying and selling market Blocket […]

Linda Bjernstål resigns as CEO of Flygstolen

The official press-release announced that Linda Bjernstål, founder of Flygstolen, resigned as company CEO, reports Travelnews. Flygstolen is a Swedish online travel agency based in Helsingborg, which also operates in Denmark and Norway under the name Tripmonster. In July 2016 Flygstolen was acquired by Dutch online travel company Otravo, which expanded the company’s revenues from […]

Bestseller-owner buys majority share in fashion platform Miinto

Anders Holch Povlsen, CEO and owner of the international clothes retailer chain Bestseller-Group and one of Denmark’s richest, has done a three-digit million investment in Miinto, reports Ehandel. Miinto is a Danish online platform which hosts hundreds of physical boutiques, providing people with the opportunity to shop locally in an easy way while at the […]

Lund University will award SEK 200.000 (€20.000) to innovations of the future

Together with Sparbanksstiftelsen Finn, Lund University has organized a competition for the best future innovation ideas. All students or employees at Lund University with an idea which is not fully developed yet and has not entered the commercial stage, are welcome to participate. Ideas and projects in all disciplines are welcome and a total of […]

Orbital Systems’ showers of the future receive a significant investment

Orbital Systems is a cutting edge technology company located in Malmö that has developed a technology for recycling and purifying shower water. Their closed loop showers enable water and energy savings up to 90% compared to conventional showers, while at the same time increasing comfort and hygiene. The Swedish Energy Agency, who are working for […]