SCRL, a Stockholm-based social media design platform for creators, doubled its revenue in 2025 to SEK376.5M (€34M, $40M). The year-over-year growth rate accelerated, from 69% previously.
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Lovable, the Swedish AI web app builder, has today announced a $400M Series C funding round. The raise and ballpark figures had been rumoured for a few months already.
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Peter Carlsson, co-founder and former CEO of collapsed Swedish battery maker Northvolt, is now building two new startups simultaneously. One of them, Sonder Labs, is just coming out of hiding.