Lars Eriksson 
IQM Quantum Computers, a Finland-based quantum computing company, became the first European quantum tech firm to go public, listing on Nasdaq and the Helsinki Stock Exchange. The IPO included €127 million in PIPE financing, with Tesi as a lead investor. The company, founded in 2018, has raised €475 million total funding and operates quantum systems for global clients.
Climentum Capital, a Danish VC firm, raised €60 million for its second climate tech fund, supported by the European Investment Fund, Denmark’s EIFO, and the Danish Society of Engineers. The fund targets Seed and Series A investments in climate hardware and deep tech startups across Europe.
Blenda Labs, founded by Erik Wahlberg after his previous venture Frever was shut down, was acquired by music platform Epidemic Sound just six months after its launch. Wahlberg stated the acquisition happened earlier than planned.
Two former Spotify developers founded Encore to simplify life for developers. The company has now raised additional funding, with its valuation more than doubling to over 400 million Swedish kronor.
The e-commerce company behind YMR Track Club has been declared bankrupt, just three months after its founder stated the company had made a ‘comeback’ and was not in an acute crisis.
Hostinger introduced an AI-driven e-commerce platform enabling instant conversion of product images into purchase links, eliminating the need for a dedicated website. Last year saw a 4700% increase in AI-powered retail store visits, with 76% of Gen Z discovering products via social media.
Lovisa Worge, co-founder of Ani Jewels, is launching a new e-commerce eyewear brand called Lagni with her boyfriend after Ani Jewels faced declining sales due to a plagiarism scandal.
Matsmart’s valuation fell 77% after additional capital injections and strategic exits from several countries. CEO Sofie Zettergren aims to cut costs and reach profitability by 2028.
The article discusses Ebba Kleberg von Sydow’s ventures in podcasting, royal expertise, and e-commerce, revealing updates on her business activities.
Swedish fintech company Klarna won a $1.97 billion antitrust lawsuit against Google, alleging Google’s preferential treatment of its own shopping service harmed PriceRunner, a Klarna subsidiary. The court ruled in favor of Klarna, ordering Google to pay damages.