Seaquelle, founded by sisters Sofi and Frida Fahrman, published its annual results, highlighting the impact of a short‑lived CEO and a new board on the company’s financial performance, with numbers that vary considerably.
Gofrendly, a Swedish matchmaking service for women looking to make new friends, avoided insolvency after its founders intervened and have now obtained fresh capital to keep the app running.
The popcorn startup The Popping Company appointed the founder’s son as CEO as a student gift and subsequently posted a record year with revenue growth of nearly 700%.
Former FC Bayern player Jovana Damnjanovic has founded Nine Fine Roastery, a coffee-focused startup, highlighted alongside TU Darmstadt’s spin‑off activity and the Swiss AI company BLP Digital in a StartupTicker roundup.
Mądra Babcia, a fast‑growing media startup targeting the 50+ audience, secured a million‑zloty injection from investor Szymon Negacz. Despite the funding, the company now struggles with mounting debts, unpaid invoices and internal tension, putting its future in doubt.
Transfer Travel is positioning itself as the “Vinted of travel,” allowing travelers to sell their holiday reservations to other users at discounted prices. The platform, which operates free of charge, has seen a surge in listings and claims users can save between 40% and 70% on trips, with an average saving of 62% in the last month.
EU regulators raided Temu’s Dublin office, alleging the Chinese e‑commerce platform failed to cooperate with inspectors and may have received state subsidies that breach EU competition rules, exposing it to a potential fine of up to 1% of worldwide sales.
Breakit examines how the duo behind Stockholmfood, a social‑media guide to Stockholm’s trendiest bars, are doing and what the business looks like today
Nuggit, a UK‑based growth platform for creators, announced a £5 million Creator Support Fund aimed at high‑potential YouTubers who have reached an inflection point for professionalising their media businesses. The fund offers financing together with strategic and operational assistance, building on Nuggit’s existing Creator Operating System that has already helped more than 33 creators grow revenue by an average of 29 % in under a year.
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.