News June 24, 2024: Funding news from 7 Swedish tech startups, Klarna checkout, Mentimeter, Ezeride, Carjoy, The Nordic 100, Budi, Depict, and more

Here are today's news from Sweden's startup and tech sector, exclusively for you as subscriber of Swedish Tech News PRO.

Mergers & acquisitions

• A consortium led by BLQ Invest founder and CEO Kamjar Hajabdolahi, is buying Klarna's Checkout business (KCO). The amount was not disclosed, but according to Bloomberg, the transaction values KCO at SEK5.4B (€480M, $520M). That the payments and shopping company was looking to offload KCO had been rumored previously. The deal will go into effect on October 1. The consortium also includes Systematic Growth, and the serial entrepreneur Martin Randel (English, Swedish).
• Swedish investment company Bure Equity is acquiring Alfvén & Didrikson's 12.3% stake in Stockholm-based audience engagement platform Mentimeter. The transaction reportedly values Mentimeter as a whole at SEK3.7B, and nets Alfvén & Didrikson SEK450M. Mentimeter was founded in 2014. Alfvén & Didrikson joined as investor at some point before 2020 through a secondary transaction, and later did a follow-on investment (English, Swedish / Di Digital paywall). 📊 Mentimeter also just published its 2023 numbers: Net revenue was SEK452M, up almost 35% YoY, and loss was -SEK56.6M, vs -SEK33.6M in 2022.

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