Mylla Gets Funding From Backing Minds and Business Angels
Last week Mylla, a Malmö-based e-commerce for local food, pitched on the Swedish version of Dragons Den / Shart Tank. In the show we get to see that Sara Wimmercranz joined them, and now it has been announced that the VC company she co-founded, BackingMinds, is leading the funding round. Other investor includes Anders Frankel, prominent […]
Sandberg Development becomes majority owner of Watersprint
The Malmö-based family-owned investment company, Sandberg Development, has announced it is now the largest owner of water technology company Watersprint. Watersprint has developed a water purification technology based on ultraviolet light from LED lamps. The technology is scientifically established and neither chemicals nor filters are required to remove viruses, bacteria or pathogens from the water, […]
AlixLabs secures over € 3 million investment to advance energy-efficient semiconductor innovation
Swedish semiconductor trailblazer, AlixLabs, has successfully secured over € 3 million (SEK 40 million) in funding to accelerate their pioneering work. Specializing in semiconductor advancements, AlixLabs has developed a revolutionary Atomic Layer Etching (ALE) Pitch Splitting technology (APS), which has attracted investment from amongst other Navigare Ventures, Industrifonden and FORWARD.one. The semiconductor industry has long […]
Two Danish startups to compete for over 400,000 EUR in prizes at TechChill Milano’s pitch battle finals
Two Danish startups, Motionshift and Revol Health, have been announced as two of 50 finalists to compete for over 400,000 EUR in prizes, including a 10,000 EUR no-strings-attached cash prize from Federated Innovation, at the TechChill Milano Startup Pitch Battle. The 5 semi-finalists to pitch on the main stage in front of 1000+ attendees, investors, and media […]
GetAccept Reaches over 100 Million SEK Revenue
Breakit reports that the numbers for GetAccepts 2022 end of year have been released. The SaaS startup from Malmö has there reached a revenue of 109 million SEK (over € 9 million) at the end of 2022. That is an increase by 66% from the financial year before. The startup has grown a lot since […]
Elby launches new charging solution that turns buildings into charging cooperatives
Startup Elby is leaving stealth mode. Today they announced the launch of a new type of charging solution for the city’s electric cars, which transforms buildings into cooperative charging stations. The business model is based on the cooperative mindset, where the building owner can earn up to 60% of the profit. The price to charge […]
RemotiveLabs Launches New Service for Vehicle Virtualization
Swedish startup RemotiveLabs launches a developer-friendly vehicle virtualization and cloud collaboration extension of their platform. The launch of RemotiveCloud is the next step in the company’s aim to enable software development and testing of complete vehicles starting in the cloud. RemotiveLabs “for developers; by developers” tooling is designed to simplify how software is prototyped, built […]
Danish startup doubles its income and gets millions from Sweden for expansion
The Danish SaaS startup Zuuvi became the market leader in Denmark in just two years and has doubled their current income in 2022, when the marketing sector was otherwise looking at reduced budgets. This has led Swedish investors Ark Kapital to boost the international growth ambitions. Copenhagen based Zuuvi, which has achieved impressive growth rates […]
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 […]