News March 13, 2024: Tibber, Younium, Subscriby, LinkedClient, Vectorview, PeakPath, Ekobot, Valkiv, Trudy, NORDEEP, Flower, and more

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

Funding news

⬜️ publicly traded

• Tibber (Stockholm and Førde / Norway, digital energy company, founded 2016): around NOK250M (€22M, $24M) in equity funding from existing investors such as Balderton Capital, Eight Roads, Summa Equity, Founders Fund and Schibsted, the founders and other key individuals. The exact amount was not confirmed by the company. The figure cited is based on information obtained by Breakit. Tibber also secured an additional amount in debt funding, which may be as high as NOK1.75B, according to a number floating around in the media. The fresh funds will be used to grow, and to take market share, "in a disciplined way". The company says this year's main focus is the German market (Swedish / Breakit paywall, Swedish #2 / Di Digital paywall). Tibber's previous funding round, a $100M Series C led by Summa Equity, was announced two years ago.
• Younium (Stockholm, SaaS solution for B2B subscription management and billing, founded 2017): SEK31M (€2.8M, $3M) from existing investors including Partinc. In 2023, Younium grew revenue by around 60%, which translates into around SEK40M. The company's ARR is at SEK55M right now (English). Exactly a year ago, the company raised its previous round, amounting to SEK21M.
• Subscriby (Stockholm, subscription management software and market platform for brands, founded 2022): SEK500K (€44K, $48K) in pre-seed funding via convertible note from Propel Capital, co-founder and CEO Josefina Sonnhammer tells me. She adds that the startup currently focuses on onboarding direct-to-consumer e-commerce customers to the Subscriby Shopify app. After the summer, the plan is to raise a first larger funding round. Subscriby is currently participating in Sting's spring accelerator program.

Unannounced funding