Combify, a Proptech startup backed by Backing Minds and Bonnier Capital, has been sold entirely to Swedish company Placepoint. The acquisition price was not disclosed, but the valuation had significantly decreased before the deal.
Zinova appoints Mats Persson Bergius as CEO with plans to start lending to Swedish businesses this autumn after receiving 45 million SEK in funding from Tommy Jacobson.
Radar Reticence, a Swedish startup addressing radar challenges in autonomous vehicles, has raised 37 million SEK in venture capital and EU grants. The funding will support the company’s first customer pilot, led by 28-year-old CEO Frida Wygler.
Swedish deeptech company Digiclean has raised €2.5 million in a seed funding round to advance its AI and sensor-based platform for optimizing industrial cleaning processes. The platform, deployed at over 20 sites in Sweden, uses real-time data to automate chemical dosing, reduce waste, and improve regulatory compliance.
Nordic Forestry Automation (NFA), a Lund-based Agritech startup, raised €4.3 million in a funding round led by Navigare Ventures and Almi Invest Greentech. The investment supports the development of AI-driven forestry machinery solutions, with existing and new investors participating. NFA’s technology enables real-time tree measurement and operator support in forestry operations.
Sofia Lind Andersson will take over as CEO of Malina and Soft Goat on July 1 to lead expansion efforts and double the companies’ revenue.
Digmi, a SaaS company aiming to improve efficiency for hair salons, has filed for bankruptcy after failing to scale effectively. CEO Jon Berglund stated that the company explored multiple serious solutions but ultimately could not reach a viable resolution.
Redbeet Interactive, a Swedish game studio, has generated 200 million SEK in revenue over three years despite not releasing a new game during that period. The company is now focusing on growth through acquisitions.
Dibz, a Swedish Proptech startup automating housing processes, reported doubled revenue to 34 million SEK. Co-founder Lovisa Qvarner is stepping down as CEO during the company’s growth phase.
LivingFilters, a Lund University spinout, raised €420K in pre-seed funding led by Turbine Capital to advance AI-designed protein technology for removing PFAS and micropollutants from water. The funds will support pilot projects and product development aligned with EU regulatory mandates.