News November 13, 2024: Ridesum, Vultus, Forsway, We Don't Have Time , Deep Light Vision, Klarna, Mat Plus, Opper, ClimateView, Volvo On Demand, Plagazi, Spotify, Yubico, 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

• Ridesum, Stockholm-based digital training app and collaboration platform for riders which went bankrupt in September, has been acquired by the Swedish company Fascia Horse, which offers a treatment methodology to improve horse well-being. The amount was not disclosed. The new owner will keep operating the app (English, Swedish / Breakit paywall).
• The Norwegian agtech company Agdir intends to buy the assets of publicly traded Lund-based developer of a satellite system for precision farming Vultus for NOK15M (€1.3M, $1.4M) (Swedish, machine translation). Vultus was founded in 2016 by Robert Schmitt and William Håkansson, and went public in 2022. 📊 For 2023, Vultus reported net revenue of SEK0.8M, and an EBITDA result of -SEK9.2M.

Funding news