Conferize: free social event website for everyone

Recently Conferize launched a new feature, which will make the service relevant for a large new set of uses. Having previously focused on conferences, the new service also makes it easy to host smaller events as well as meetups on the service. The new product is called Conferize Organizer. Conferize Organizer is aimed to help professional events to […]

A new owner for RoligaPrylar

It has now been announced that Sortiment.se buys all the shares in AlphaGeek, which runs the e-commerce store RoligaPrylar in Sweden and AlphaGeek in the rest of the Nordics – an online store for presents, toys and fun gadgets. At the same time, the previous owner Net Departo will invest 13 percent in Sortiment.se, which […]

More Money under the Belt: GenieBelt Announces €700,000 in Funding

GenieBelt, the collaboration platform tailored specifically to construction, has just today announced a new Angel round led by Klaus Nyengaard, European Angel investor and former CEO of Just Eat, and further contributed to by Ditlev Bredahl, CEO of OnApp.  Based in Copenhagen, GenieBelt’s construction collaboration platform aids the industry in finishing on time and to budget. So […]

THINK incubator starts the THINK accelerator program

The first lean startup accelerator program in the region has been launched! On the 3rd of February, the Helsingborg- based THINK announced through Twitter that a new accelerator model is replacing the traditional incubator model. It’s official! We’re launching a new accelerator program! #malmostartups #helsingborg http://t.co/wqCdFXJiPw — THINK (@THINK_HBG) February 3, 2015 Because of global […]

Endomondo is acquired by athletic apparel maker Under Armour for € 75 million

Copenhagen-based Endomondo is acquired by athletic apparel maker Under Armour, reports TechCrunch. The rumours about potential transaction started to evolve back in January (listen to podcast #10, where Karsten Deppert and Neil Murrey speculate about potential buyer). The deal was also closed the same month at 75€ million (85$ million), which makes it one of […]

Simris Alg Accepts 11 million in Finances

Simris Alg, the agribusiness which farms algae in Hammenhög, has just successfully closed a financing round with a final 11 million SEK to be put towards expanding their algae farm, transforming 50 square meters of cultivation to 4 thousand (as reported in an article by 8till5.se). The company began its construction of the current greenhouse in January and […]

Symbal Communications Invest in Multimedia Platform Zkyon

Startup Zkyon, which is currently developing a service for creating new revenue for bloggers and newspaper publishers, has recently received a substantial investment from Symbal Communication, as reported by 8till5.se. About the Company Founded by Per Ljungwall in February of 2014 , previously an IT Consultant in digitization, Zkyon markets itself as the world’s first content exchange. The mission: […]

E-commerce veteran unviels two new interesting ventures

The Swedish e-commerce scene is about to become stronger than ever as the year starts with two new initiatives launched. On the one hand there is launch of groundbreaking measurement tool for e-commerce sector that will help with in-depth analysis of industry’s performance, the E-handel Index. And on the other hand there is creation of […]

Malmo-based Wecloud Buys Danish IT Security Company

IT-security server Wecloud, which sells cloud-based spam and web filtering in a subscription model, has bought Danish competitor Simitu, in an attempt to boost productivity and expand as a business, as reported by Sydsvenskan 8till5. “The goal is to double our turnover and number of employees within two years… This year we have a turnover […]