Lars Eriksson 
American consumers are eager for the Swedish candy Bubs, and the manufacturer Orkla cannot keep up with demand. To address this, Orkla is making a billion‑dollar purchase, taking control of a Bubs supplier and seeing opportunities in multiple markets.
Lithuanian startup Sigvi, an AI‑powered platform that lets independent fleet operators rent cars automatically, secured €1.2 million in pre‑seed funding led by Superhero Capital. The capital will be used to enhance its AI‑driven rental technology and grow its vehicle network, building on its recent launch in Poland where it manages over 200 cars.
Billhop, the Swedish fintech company, saw its revenue accelerate in 2025 while finalising a major deal with US payment platform Ramp. The company was sold to the larger US player, and its Swedish staff was heavily cut as part of the exit process.
The Gothenburg duo behind Ophena has drawn the attention of iZettle founder Jacob de Geer and designed products for Yves Saint Laurent. The company is now partnering with Danish investors to expand its glove offerings, marking a significant partnership milestone for the young horsetech startup.
Swedish sunglasses brand Chimi, after a costly restructuring with almost SEK 100 million in debt, secured a SEK 45 million capital increase to lower its liabilities, resulting in significant write‑downs for several creditors.
The new business world is moving. Here are the people who have just taken on new assignments – and those who are leaving. Each week Breakit collects the latest career jumps and board changes in a list.
Candela, a Swedish mobility startup focused on commercial public transport, appointed a new CEO and secured 320 million SEK in a recent large share issuance. While the latest figures show rising losses, the fresh capital is aimed at supporting the company’s expansion plans.
Swedish watch entrepreneur Filip Tysander, who sold Daniel Wellington, is now concentrating on his new sunless‑tanning brand Comis. Fresh numbers reveal that the company’s losses have shrunk and sales are booming after a strong year‑end.
At the EU‑Startups Summit, 3TS Capital connected with Wamo and later announced a €10 million investment, marking a significant funding milestone for the Finnish neobank.
Scrive, a Swedish SaaS provider of electronic signature solutions, announced that it has reached 400 million SEK in revenue and achieved EBITDA profitability. The company also hinted at a possible future exit, suggesting a strategic move toward a sale or IPO.