Swedish Retailer Ellos to Cut 25 Jobs as Company Pivots Toward AI-Driven Operations
Ellos to lay off 25 employees as it shifts towards AI
Sweden
Dutch Company Acquires Stockholm-Based Sponswatch in Strategic AI Deal
Stockholm-based Sponswatch, developer of an AI-driven analysis tool measuring sponsor exposure value, is being acquired by a Dutch company, which will become the majority shareholder.
Swedish Beauty Brand Tagel Launches Specialized Skincare Line for Horses
New beauty brand for horses, Tagel, launched by Madelene Törnblom and Carl Hedin
EQT Crowned European Tech’s New Kingmaker Following Prestigious Recognition
EQT has been crowned as European tech’s new kingmaker after a highly followed contest. The company has made significant investments in European tech startups.
Swedish AI startup Tandela joins Y Combinator cohort
Swedish AI startup Tandela accepted into Y Combinator
Swedish telecom brand Halebop to cease operations as Telia consolidates portfolio
Halebop will stop existing and its customers will be transferred to Telia
Øresund Startups Opens Ambassador Program to Expand Regional Network
Øresund Startups is recruiting ambassadors to represent them at networking events in the Øresund region
New Swedish Venture Studio Launches With Focus on Operational Co-Founding
Rinda Venture Studio, a new venture studio, has been launched in Malmö and Lund, Sweden. The studio, founded by Caroline Josefsson, Victoria Sandberg, and David Everlöf, takes on the role of operational co-founder rather than passive investor, focusing on building companies that solve problems worth solving.
Swedish Gaming Studio Arrowhead Reports Profit Decline but Distributes 337 Million SEK to Shareholders
Swedish gaming company Arrowhead reported decreased profits in 2025 but still delivered multi-million dollar profits and distributed 337 million SEK to owners
Swedish E-commerce Company Vesani Reports Strong Growth, Reaches 66 Million SEK in Revenue
Vesani, an e-commerce company from Sweden, has increased its sales by 60% and reached 66 million SEK in revenue.