News December 2, 2022: Go North, iZafe, Dogdater, Gigstr, H2 Green Steel, Vividye and more
Here are today's news from Sweden's startup and tech sector, exclusively for subscribers of Swedish Tech News.
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Subscribe to Swedish Tech News to get access to a daily newsletter that brings you a brief overview of news from the Swedish startup & tech sector, curated by Martin Weigert.
Or, if you prefer a free weekly newsletter, subscribe to Swedish Tech Weekly!
Funding news
- Go North (Gothenburg, e-commerce aggregator acquiring and scaling brands on Amazon and beyond): SEK79M (€7.3M, $7.7M) from new investors including Access Capital Partners and Qualitas Equity. This is the second closing of a funding round first announced in October, which now totals SEK154M (English).
- iZafe Group (publ) (Stockholm, provider of a robotized solution for safe medicine distribution in municipal professional home care): SEK5M (€460K, $480K) through a directed share issue, from Jan Hardenborg, Eva Redhe, Fredrik Sjödin, Filippa Lindström, Karin Forseke, Peter Jörgensen, Lars Wedenborn and Mangold Fondkommission (English).
- Dogdater (Stockholm, mobile community app for dogs): SEK2.25M (€210K, $220K) from Almi Invest and the Lundevall family office (Swedish / Breakit paywall)
- Swedish VC firm Hype Ventures participated in a €1.3M funding round raised by Dutch offline dating platform Breeze (English).
>> Daily updated, subscriber-exclusive Google sheet with all funding rounds raised by private Swedish startups and scaleups.
News from Swedish startups, the tech sector and VCs
- Sofie Wahlström, CEO and co-founder of Uppsala-based digital support tool for domestic violence BrightAct, won Di Digital's reader vote for "female founder of the year" (Swedish, machine translation).
- Stockholm-based gig worker platform Gigstr is completing a pivot it initiated in 2021, with a newly launched platform that aims to connect fulltime and freelance creatives with brands (Swedish, machine translation).
- H2 Green Steel, the Swedish developer of a fossil-free steel plant to be built in northern Sweden, shares how new employees are introduced to the startup's culture and purpose: A three day long group activity called "Nature Quest" that takes place somewhere on the Swedish countryside. Participants are unaware of where the Nature Quest will be held but provided with a list of things to pack. And they are asked to part with their mobile phone (English).
- 📺 Vividye, the Gothenburg-based startup that developed a resource-efficient dyeing technology for textiles, was visited by the BBC (English, 4 minutes)
Other interesting things from the startup/VC world & beyond
- Guide for startups to get internal documentation right (English).
- Strategies and tools for performing migrations on platform, by Spotify (English).
Other interesting things related to Sweden
- Sweden’s plugin electric vehicle share hit record highs in November before incentive cut, gaining 64.6% of the auto market, from 54.3% a year ago (English).
- Sweden might try to ban gasoline-powered mopeds, typically operated by food delivery couriers, from bike lanes (Swedish, machine translation).
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That's it for today.