Bhoof, a horsetech startup founded by Olympic equestrian Peder Fredricson, has increased funding and revenue but faces a declining valuation. The company plans to invest heavily in development during 2026.
Endra, an AI-driven construction tech startup, grew from a garage project to a 2.4 billion SEK valuation in 18 months. CEO Niklas Lindgren discusses the company’s rapid rise and strategies to disrupt the global construction industry.
Neko Health, a longevity-focused health company founded by Daniel Ek, has raised 265 million SEK in funding and opened a clinic in New York. The company continues to expand despite already having a substantial cash reserve.
Blenda Labs, founded by Erik Wahlberg after his previous venture Frever was shut down, was acquired by music platform Epidemic Sound just six months after its launch. Wahlberg stated the acquisition happened earlier than planned.
Two former Spotify developers founded Encore to simplify life for developers. The company has now raised additional funding, with its valuation more than doubling to over 400 million Swedish kronor.
The e-commerce company behind YMR Track Club has been declared bankrupt, just three months after its founder stated the company had made a ‘comeback’ and was not in an acute crisis.
Lovisa Worge, co-founder of Ani Jewels, is launching a new e-commerce eyewear brand called Lagni with her boyfriend after Ani Jewels faced declining sales due to a plagiarism scandal.
Matsmart’s valuation fell 77% after additional capital injections and strategic exits from several countries. CEO Sofie Zettergren aims to cut costs and reach profitability by 2028.
The article discusses Ebba Kleberg von Sydow’s ventures in podcasting, royal expertise, and e-commerce, revealing updates on her business activities.
Swedish fintech company Klarna won a $1.97 billion antitrust lawsuit against Google, alleging Google’s preferential treatment of its own shopping service harmed PriceRunner, a Klarna subsidiary. The court ruled in favor of Klarna, ordering Google to pay damages.