NYC-based Brookfield says it plans to invest ~$9.9B to build an AI data center in Strangnas, Sweden, after committing to spending €20B in France earlier in 2025
Supantha Mukherjee / Reuters :
Sweden-based Doconomy, which helps bank customers measure the carbon footprint of everyday spending, raised a €34M Series B co-led by UBS and CommerzVentures
Ryan Browne / CNBC :
Cloudflare says its network saw DNS-based DDoS attacks increase by 80% YoY in Q1 2024, with attacks on Sweden surging by 466% after its acceptance into NATO
The Cloudflare Blog :
Klarna confirms it raised $800M at a $6.7B valuation, down from $46B in June 2021
Buy now, pay later specialist was worth $46bn last year — Sweden's Klarna, once Europe's most valuable private fintech company, has had its valuation slashed to $6.7bn in the clearest sign of the st...
Sweden-based Juni, a neobank catering to e-commerce and online marketing, raises a $206M Series B, made up of $100M in equity led by Mubadala and $106M in debt
Dan Taylor / Tech.eu :
Sweden-based Annotell, which helps assess the performance of autonomous systems' perception, raises a $24M Series A led by Metaplanet and NordicNinja
Ingrid Lunden / TechCrunch :
Klarna launches its Visa-based Klarna Card in the UK, expanding on Sweden and Germany where it has 800,000 users; the card includes Klarna's “Pay in 30” feature
Ryan Browne / CNBC :
Denmark-based podcasting and audio tech startup Podimo raises a $78M Series B led by 83North and Highland Europe
Companies in this sector have traditionally had difficulties in monetising audio content. Sweden's Acast introduced advertising as a way to pay the podcast's creators for their content.
Stockholm-based Funnel, which makes a no-code tool to organize and create reports from marketing data, raises $66M, says it is planning for an IPO in Sweden
The world of marketing has become a world of marketing tech. But marketers are not necessarily engineers, so working with the terabytes …
Sweden-based Hiber, a no-code service that lets users create games using mobile phones, raises $15M Series A led by EQT Ventures, bringing total raised to ~$20M
Hiber has raised $15 million for its platform for publishing user-generated games on the web. — What does this mean?