08.06.2022

Deal |

2022

Juni raises $100m (equity) and $106m (debt) in major funding round to fuel eCommerce businesses

Founded: 2020

Investment Raised: USD 100M €

Valuation Remains Undisclosed

Investors: Cherry Ventures (https://www.cherry.vc/) DST Global (https://dst-global.com/) EQT Ventures (https://eqtventures.com/) Felix Capital (https://www.felixcap.com/) Mubadala Capital Ventures (https://www.mubadala.com/en/what-we-do/capital/ventures)

23.05.2022

Deal |

2022

Smart locker startup Budbee raises $40m to extend bank loans

Founded: 2015

Investment Raised: USD 40M €

SEK 6.9B

Valuation

Investors: Club Network Investments (https://www.cninordic.com/) H&M CO

23.05.2022

Deal |

2022

Castlelake Makes $150M Investment in Swedish Specialty Lender IMH, Expanding Presence in Nordic Region

Founded: 2014

Investment Raised: USD 150M €

Valuation Remains Undisclosed

Investors: Castlelake (https://www.castlelake.com/)

20.05.2022

Deal |

2022

Trill Impact leads the 240 MSEK venture financing round in Cinclus Pharma

Founded: 2014

Investment Raised: SEK 240M €

Valuation Remains Undisclosed

Investors: EIR Ventures (https://eirventures.eu/) Fjärde AP-fonden (https://www.ap4.se/) Irrus Investments (https://www.irrusinvestments.com/) Linc AB (https://linc.se/) Trill Impact (https://www.trillimpact.com/)

11.05.2022

Deal |

2022

Crypto Startup Moralis Raises $40 Million in Fresh Funding

Founded: 2021

Investment Raised: USD 40M €

Valuation Remains Undisclosed

Investors: Coinbase Ventures (https://www.coinbase.com/de/ventures) Dispersion Capital (https://dispersion.xyz/) EQT Ventures (https://eqtventures.com/) Fabric Ventures (https://www.fabric.vc/)

03.05.2022

Deal |

2022

AMF invests SEK 955 million in Polarium

Founded: 2004

Investment Raised: SEK 955M €

USD 900M

Valuation

Investors: AMF (https://www.amf.se)

29.03.2022

Deal |

2022

XNK Therapeutics raises SEK 132 million to accelerate growth

Founded: 2011

Investment Raised: SEK 132M €

Valuation Remains Undisclosed

Investors: Flerie Invest (https://flerie.com/en/)

29.03.2022

Deal |

2022

Minut gains $14m Series B

Founded: 2014

Investment Raised: USD 14M €

Valuation Remains Undisclosed

Investors: Almaz Capital (https://almazcapital.com) HAX (https://hax.co) Karma Ventures (https://www.karma.vc) Kompas (https://www.kompas.vc) KPN Ventures (https://kpnventures.com) SOSV (https://sosv.com) Swiss Immo Lab (https://constructive.vc) Verve Ventures (https://www.verve.vc) Zenith Group (https://www.zenithgroup.se)

09.03.2022

Deal |

2022

Swedish open insurance platform Insurely logs in €19 million to enter UK and France

Founded: 2017

Investment Raised: EUR 19M €

Valuation Remains Undisclosed

Investors: Alfven & Didrikson (https://www.alfvendidrikson.com/) Insight Partners Luminar Ventures (https://www.luminarventures.com/) Neptunia Invest (https://www.neptuniainvest.se/about-neptunia) Philian Invest (https://nordic9.com/companies/phillian-ab-investor4805922259/)

02.03.2022

Deal |

2022

Mycorena closes $27m in Europe’s largest alt-protein Series A

Founded: 2017

Investment Raised: USD 27M €

Valuation Remains Undisclosed

Investors: Remains Undisclosed

24.02.2022

Deal |

2022

Depict.ai raises USD17m in Series A led by Tiger Global

Founded: 2019

Investment Raised: USD 17M €

Valuation Remains Undisclosed

Investors: EQT Ventures (https://eqtventures.com/) Initialized Capital (https://initialized.com/) Northzone (https://northzone.com/) Tiger Global Management (https://www.tigerglobal.com/) Y Combinator (https://www.ycombinator.com/) Carl Rivera Erik Bernhardsson Finbarr Taylor Fredrik Hjelm Johannes Schildt Joshua Browder Nicolas Dessaigne Vidit Aatrey

18.02.2022

Deal |

2022

Sweden’s Volta raises $260M at a $490M valuation to get its all-electric trucks into production by the end of this year

Founded: 2019

Investment Raised: USD 260M €

USD 490M

Valuation

Investors: Waypoint Capital (https://www.waypointcapitalpartners.com/) Luxor Capital Group (https://luxorcap.com/) Byggmästare A J Ahlström (https://andersjahlstrom.se/) Agility (https://www.agility.com/en/agility-ventures/)

13.12.2021

Deal of the Week |

Calendar Week # 51 |

2021

Swedish startup Voi raises over €101 million to deliver safe and sustainable micromobility for everyone

Founded: 2018

Investment Raised: EUR 101,8 M €

Valuation Remains Undisclosed

Investors: Raine Group (https://raine.com/) VNV Global (https://www.vostoknewventures.com/) Inbox Capital Nordic Ninja (https://nordicninja.vc/) Stena Sessan (https://stenasessan.se/) Kreos Capital (https://www.kreoscapital.com/) Ilmarinen Nineyards Equity ICT Capital (https://www.ict-cap.com/) and others

22.11.2021

Deal |

2021

Verdane partners with SaaS e-commerce platform Centra to support internationalisation and product enhancement

Founded: 2016

Investment Raised: USD 100M €

Valuation Remains Undisclosed

Investors: Verdane (https://verdane.com/)

05.10.2021

Deal |

2021

Swedish fintech company anyfin announces EUR 44.8M round

Founded: 2017

Investment Raised: EUR 44.8M €

Valuation Remains Undisclosed

Investors: Quadrille Capital (https://www.quadrillecapital.com/) Northzone (https://northzone.com/) Global Founders Capital (https://www.globalfounderscapital.com/) FinTech Collective (https://www.fintech.io/) EQT Ventures Augmentum FinTech Accel (https://www.accel.com/)

13.09.2021

Deal |

2021

Swedish invoicing platform Billogram raises USD 45M

Founded: 2010

Investment Raised: USD 45M €

Valuation Remains Undisclosed

Investors: Partech (https://partechpartners.com/)

02.09.2021

Deal |

2021

Sweden-based Stockeld Dreamery nabs EUR 16.5M to further its cheese-making ambitions

Founded: 2019

Investment Raised: EUR 16.5M €

Valuation Remains Undisclosed

Investors: Trellis Road (https://trellisroad.com/) Northzone (https://northzone.com/) Norrsken VC (https://www.norrsken.vc/) Eurazeo (https://www.eurazeo.com/en) Eric Achambeau (https://astanor.com/team/eric-archambeau/) Edastra Venture Capital (https://www.edastra.com/) David Frenkiel (https://www.instagram.com/gkstories/?hl=de) Astanor Ventures (https://astanor.com/) Alexander Ljung

02.09.2021

Deal |

2021

Stravito raises EUR 12.4M in Series A Funding

Founded: 2017

Investment Raised: EUR 12.4M €

Valuation Remains Undisclosed

Investors: Inveture (https://www.inventure.de/) henQ (https://henq.vc/) Endeit Capital (https://endeit.com/) Creades AB

14.07.2021

Deal |

2021

Anyone closes $3.6M Seed Funding

Founded: 2020

Investment Raised: USD 3.6M €

Valuation Remains Undisclosed

Investors: Cavalry Ventures Supernode Global (https://supernodeglobal.com/)

06.07.2021

Deal |

2021

bolttech Raises $180M in Series A Funding

Founded: 2020

Investment Raised: USD 180M €

Valuation Remains Undisclosed

Investors: Activant Capital Group (https://www.activantcapital.com/) Alpha Leonis Partners (https://www.alphaleonispartners.com/) Dowling Capital Partners (http://dowlingcapitalpartners.com/) B. Riley Venture Capital (https://brileyfin.com/capabilities/venture-capital) Tarsadia Investments (https://tarsadia.com/)

21.06.2021

Deal |

2021

Sweden’s medical history digitiser and collaboration platform Doctrin raises €13 million

Founded: 2016

Investment Raised: EUR 13M €

Valuation Remains Undisclosed

Investors: HealthCap (https://www.healthcap.eu/) Swedbank Robur (https://swedbankrobur.com/) Capio (http://capio.com/en/) Norron Asset Management (https://www.norron.com/en/)

06.05.2021

Deal |

2021

Sweden’s Einride Raises $110M For Autonomous And Electric Freight

Founded: 2016

Investment Raised: USD 110M €

Valuation Remains Undisclosed

Investors: Build Capital EQT Ventures (https://eqtventures.com/) Ericsson (https://www.ericsson.com/en) Maersk Growth (https://www.maersk.com/) NordicNinja VC (https://nordicninja.vc/) Norrsken VC (https://www.norrsken.org/norrskenvc) Northzone (http://www.northzone.com/) Plum Alley (https://www.plumalley.co/) Soros Fund Management Temasek Holdings (http://www.temasek.com.sg/)

04.05.2021

Deal |

2021

Swedish equestrian training app and collaboration platform Ridesum nabs €900K

Founded: 2018

Investment Raised: EUR 0.9M €

Valuation Remains Undisclosed

Investors: HOOKS HASTSPORT (https://www.hooks.se/) Zenith Group (http://www.zenithgroup.se/)

20.03.2021

Deal of the Month |

March |

2021

Klarna confirms new $31B valuation

Founded: 2005

Investment Raised: USD 1B €

USD 31 Billion

Valuation

Investors: Combination of new and existing investors

19.03.2021

Deal |

2021

Swedish EV charging company Charge Amps raises $15 million

Founded: 2012

Investment Raised: USD 15M €

Valuation Remains Undisclosed

Investors: Remain Undisclosed

15.03.2021

Deal |

2021

Riyadh-based fintech raises $7.2m to boost expansion

Founded: 2007

Investment Raised: USD 7.2M €

Valuation Remains Undisclosed

Investors: Derayah Ventures (https://www.derayah.vc) Seedra Shorooq Partners (https://shorooq.ae) 500 startups (https://500.co) and Impact46.

01.03.2021

Deal |

2021

Baseload Capital Closes $25M Equity Funding Round

Founded: 2018

Investment Raised: USD 25M €

Valuation Remains Undisclosed

Investors: Chevron Technology Ventures

01.03.2021

Deal |

2021

Klarna confirms new USD 31B valuation

Founded: 2005

Investment Raised: USD 1B €

USD 31B

Valuation

Investors: combination of new and existing investors

25.02.2021

Deal |

2021

memmo.me Raises USD 10M in Series A Funding

Founded: 2019

Investment Raised: USD 10M €

Valuation Remains Undisclosed

Investors: Left Lane Capital (https://www.leftlanecap.com/) Lukasz Gadowski FJ Labs (https://fjlabs.com/) Maria Raga Spencer Rascoff Inbal Leshem Fredrik Hjelm Dennis Yang Elias Aalto

18.02.2021

Deal |

2021

Insurely Raises EUR 2.5M In Funding

Founded: 2017

Investment Raised: EUR 2.5M €

Valuation Remains Undisclosed

Investors: Luminar Ventures (https://www.luminarventures.com/)