Satcube, a Swedish deeptech company, is expanding its operations in the European defense sector with its secure satellite internet technology.
Northvolt plans to use its old factory in Skellefteå for datacenter and battery production
Nordnet launches Nordnet Social, a community for savers to share knowledge and inspiration
Emission Twin, a Swedish climate tech startup, secures €400K investment from GoClimate founder Kalle Nilvér to focus on product-level emissions calculations and Scope 1-3 tracking
Legora, which has raised billions and featured Hollywood actor Jude Law in marketing, has hired Zeynep Inanoglu Ozdemir as new Chief Marketing Officer. She brings experience from major tech companies and holds a PhD in AI/machine learning.
Staer, a Swedish robotics startup, is organizing Autonomy, a one-day conference on September 14, 2026 in Malmö that brings together researchers, innovators, investors, and industry players in robotics and physical AI. The event is positioned between ECCV 2026 and The Drop conference, creating a convergence of key stakeholders in the Öresund region’s deeptech ecosystem.
Helena Saxon is positioned to become the new CEO of investment company Kinnevik, according to reports confirmed by the company itself.
Qivalis, a consortium of European banks based in Amsterdam, has expanded to 37 member institutions from 15 countries to develop a euro-denominated stablecoin as an alternative to dollar-dominated stablecoins. The initiative plans to launch a regulated stablecoin in the second half of 2024, subject to regulatory approval. Portuguese banks are notably absent from the project so far, though it includes major banks from Spain, France, Italy, and Nordic countries.
Dissatisfaction is growing at Swedish online brokerage Avanza as several senior executives have departed and more are reportedly leaving. Internal sources cite a spreading ‘Klarna-culture’ as a factor.
Paindrainer, a Swedish digital therapeutics company based in Lund, has raised €550,000 from existing shareholder Almi Invest, Tramontane Invest, and other existing and new shareholders. The company develops AI-powered digital platforms for chronic pain management, including its flagship PD Care System and the upcoming Relivra product powered by proprietary Artificial Neural Networks.