Swedish E-sports Platform E-Go Files for Bankruptcy After Raising Several Million Euros
Swedish e‑sports platform E‑Go, which raised multiple millions to create a fan platform, has gone bankrupt, impacting a Swedish VC investor.
Exit & IPO
Swedish Pet Supplies Retailer Zoofabriken Files for Bankruptcy Amid Delivery Failures
Zoofabriken, a Swedish online pet‑supplies retailer linked to Samuel Wennberg, has applied for bankruptcy due to delivery failures and customer dissatisfaction.
Swedish Space-Tech Startup Hydromars Files for Bankruptcy, Leaving Thousands of Investors in the Lurch
Swedish space‑tech startup Hydromars, which aimed to develop technology for extracting water on Mars, has gone bankrupt, leaving nearly 2,000 small investors without their money.
Swedish Fintech Billhop Exits to US Payment Platform Ramp Amid Revenue Growth
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.
Swedish E-Signature Provider Scrive Hits 400 Million SEK Revenue, Signals Potential Exit Strategy
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.
French Investment Platform Akka Exits Anthropic Stake With 4x Net Return
Akka announced that it has sold its stake in AI startup Anthropic in a private secondary transaction, achieving a four‑fold net return for its investors after accounting for fees and taxes.
Salesforce Acquires Berlin-Based Contentful in €1.55 Billion Deal
German content‑infrastructure startup Contentful was bought by US cloud giant Salesforce for about €1.55 billion, marking a major exit for the Berlin‑based company.
OnePlus Plans to Exit US and European Markets
Oneplus, the mobile phone company founded by Swedish entrepreneur Carl Pei in 2013, is reportedly planning to shut down its operations in the United States and Europe, according to Bloomberg.
Polish Equipment Rental Platform Rentalify to Shut Down Operations in August
Rentalify, described as ‘Airbnb for photo and video equipment,’ will cease operations starting August 15.
Swedish SaaS Company Favro Files for Bankruptcy Following Failed Lithuania Investment
Favro, a Swedish SaaS company based in Uppsala, was declared bankrupt after a failed investment in Lithuania. The company had raised over 40 million SEK in venture capital. Founder Patric Palm plans to repurchase the business.