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 […]
IT-security startup Castle took in 18 million SEK (1.8 million euro) investment
Malmo-based Castle is determined to make the Internet a safer place. The startup is working on an intelligent protection against user account fraud and hijacks. So instead of cumbersome passwords and two-step verifications, Castle offers businesses to secure accounts of their users with a real time security analytics, it’s definitely one of the best password […]
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 […]
Telavox founder joins Animus Home as new partner
Animus Home has created a foundation that integrates your smart home devices, and is now on its way to launch its first product. Before it hits the market, the company welcomed Telavox founder Gustav Olsson as new partner and advisor. Animus Home is determined to “Give your home a heart” by offering a smart home […]
Samsung signs a collaboration agreement with Precise Biometrics
These days Lund based company, Precise Biometrics, has some good news to tell. The company has signed a commercial software license and a distribution agreement with Samsung’s System LSI Business, a division within Samsung Electronics Co., Ltd, reports 8till5. The agreement entails the licensing of Precise Biometrics’ algorithm solution for fingerprint recognition in mobile devices, […]
IAMRUNBOX uses kickstarter to raise funds for crease-free backpacks
Maintaining a balance between work and a healthy lifestyle is a problem all of us face on a daily basis. To help us increase our quality of life, IAMRUNBOX has created a unique product: A backpack to keep crease-free work clothes whilst you keep active, fit and healthy. The Lund-based startup has created this modern […]
Traede.com is growing and expands abroad
Danish Traede works with sales solution that make business easier. It is a B2B eCommerce platform enabling brands, distributors and agents to connect and sell directly to their retailers through a simple order management system and a B2B webshop while keeping track of products, customers, orders and invoices. Established in 2014 by Christopher Heilmann and Esben […]
Ola Rollén invests in Malmö-founded Neo Technology
The database service company Neo Technology, with roots from Malmö, recently received 300 million SEK (30 million €) through a financing round where Hexagon’s CEO Ola Rollén was the major investor, reports DI Digital. Neo Technology is the creator of Neo4j, the world’s leading graph database that allows you to model, store and query your […]
Nasa is interested in Swedish mini drones and their loco positioning system
Malmö based company Bitcraze is launching its unique positioning system for mini drones. The new system has already interested such giants of technology as Microsoft, NASA and Ericsson. It took five years and five developers from Bitcraze in cooperation with the enthusiasts from all over the world to develop their mini drone Crazyflie and Loco […]
Veridu receives an investment from a leading provider of risk reducing services
After secured an investment from the Worldpay early this year (see report), Veridu has just received a new investment from Global Risk Technologies. The investment sum is not disclosed but described as “significant”. Dublin-based Global Risk Technologies is a leading provider of risk reducing services in the payment industry. It expects this collaboration would help itself grow progressively […]