Lars Eriksson 
Blykalla, a Swedish nuclear power company, has raised 500 million SEK in funding and appointed former Norrsken CEO Erik Engellau-Nilsson as chairman to drive its industrial expansion.
Kinnevik, a Swedish investment company, wrote down Mathem’s value to zero two years after investing over 3.5 billion SEK in the startup and its sister company Oda. The company has now sold its stake for a negligible amount to an unknown buyer.
Hive, a Norway-founded AI startup developing automation technology for industrial machines, raised $15m in a pre-Series A round led by UK-based SuperSeed. The funding will accelerate development of its ‘silicon brain’ system, which reduces machine operating costs by 80% through autonomous operation and remote control. The company plans to expand to London and the US.
Sniph, a perfume brand founded by Tara Derakshan, has turned to profit after several years, described as ‘an important milestone’. However, revenues have remained stagnant for years.
Sanoma, a European media and education company listed on Nasdaq Helsinki, acquired 100% of Fluentbe’s shares to expand its educational offerings in Poland and Europe.
Filip Tysander, founder of Daniel Wellington, has sold all his shares in the company he founded in 2011, marking the end of his journey with the global e-commerce success story.
CurifyLabs, a Finnish health technology company, secured €12 million in Series A funding led by Sandwater and HealthCap. The investment will support expansion into the US, supply chain development, and the advancement of its automated pharmaceutical compounding platform, which is already used by pharmacies in 21 US states and Europe.
Unbounded, a newly launched startup using AI to help companies provide direct mobile answers, has raised 80 million SEK from major investors. CEO Carl Lindberg states their solution is unique internationally.
Bhoof, a horsetech startup founded by Olympic equestrian Peder Fredricson, has increased funding and revenue but faces a declining valuation. The company plans to invest heavily in development during 2026.
Endra, an AI-driven construction tech startup, grew from a garage project to a 2.4 billion SEK valuation in 18 months. CEO Niklas Lindgren discusses the company’s rapid rise and strategies to disrupt the global construction industry.