Swedish venture capital firm J12, founded by AI specialist Bo Mattsson, sold a third of its holding in the startup Lovable during the late summer, reporting a 225‑fold return on its 2023 investment.
Polish pipe maker Radpol Pipes was fully acquired by French industrial group Elydan after the THC fund sold its entire stake, marking an exit for the fund and a cross‑border acquisition within the European heating‑infrastructure sector.
Dogs’n Tiger, a German startup that produces dog food, has entered insolvency, marking the end of its operations.
Ztable, a Swedish startup that aimed to develop an app to help horse riders improve their skills, has gone into bankruptcy following multiple years of financial losses.
Wexthuset, an online retailer that saw rapid growth during the COVID‑19 pandemic, filed for bankruptcy as sales fell sharply in the following years.
Amanda Mattsson and co‑founder Lova Svensson started Period Pack as a school project and grew it into a company with million‑euro profits operating across Europe. Mattsson is now leaving her role as CEO and selling her shares in the business.
Pilzling, a European startup, has filed for insolvency, marking its exit from the market.
Hugging Face’s $12.9 billion sale highlights the scale of valuation possible for AI‑focused startups, but also underscores the difficulty European founders face in reaching similar exits, prompting a mixed view of the deal across Europe’s tech community
Parfym.se and Bangerhead were set to merge, but Bangerhead went into reconstruction and Parfym.se subsequently declared bankruptcy.
Swedish skier, influencer and entrepreneur Jon Olsson founded the bag company Db in 2011. In 2024 the French luxury group LVMH acquired the company. Olsson said he sold far too early and would have earned several hundred million euros if he had stayed.