News November 6, 2024: Gedea Biotech, Orion, AI Bob, Stremtech, Fixi, Betalo, Bob W, Billogram, Event Logic, 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

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  • Gedea Biotech (Lund, developer of antibiotic free treatment for vaginal infections, founded 2015): SEK34.8M (€3M, $3.2M) from undisclosed new investors, and existing investors including family offices and high net-worth individuals with track records in the life sciences. The company writes it has now a runway of 24 months (English). Gedea Biotech raised its most recent previous equity round of SEK16.5M in fall 2023. In early 2024, the company secured a €2.5M grant from EIC Accelerator.
  • Norrsken VC has reportedly invested an undisclosed amount in UK-based stealth startup Quadrivia, which is said to be building an “AI agent for healthcare”, and apparently was founded by Ali Parsa, known for having build once-unicorn and later collapsed healthtech Babylon Health (English).

Unannounced funding

Martin Weigert

Martin Weigert

Martin is the founder of Swedish Tech News. Every day he spends many hours gathering and curating the latest from Sweden's startup & tech sector. Contact: m@swedishtechnews.com
Stockholm