News October 24, 2024: Lumera, Mine Storage, Hemla, Voltoss, Traktorarvid, Forecasterly, EVNXS, Textual, Klang.ai, Cardo, Levels, Kry, The Drop, 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
- Lumera (Stockholm, insuretech company, founded 2003): SEB Group is acquiring a minority stake from majority owner Monterro, in preparation for an IPO (English).
Funding news
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・All funding rounds
・New Swedish tech startups
・Bankruptcies and shutdowns
- Mine Storage (Stockholm; developing and operating fast-response and medium to large scale pumped hydro systems in underground mines, founded 2020): €22M ($24M) grant from the EU Innovation Fund (English).
- Hemla (Stockholm, developing a solution that provides families with intelligent home security for smart homes, founded 2024): SEK30M (€2.6M, $2.8M) in a first funding round from Flat Capital, Bust, Neptunia Invest, Fredrik Hjelm, Johannes Schildt, and the Hemla founders Fredrik Hamilton and Axel Möller. In an interview with SvD, Fredrik Hamilton talks a bit more about Hemla's upcoming product (English, Swedish / SvD paywall). ℹ️ Company details added on April 2 to the early-stage startup tracker page, and to the "new startups" Google Sheet.
Unannounced funding
