Helsingborg-based startup Acorai, a trailblazer in medical device manufacturing, has successfully closed an oversubscribed €4.1 million seed round, marking a significant milestone in its mission to redefine acute care settings for heart failure patients. Solardis Health Ventures led the funding round, with participation from KHP Ventures, Carma Fund, and additional support from US investors. The round also saw substantial follow-on investments from existing backers across Sweden and the EU. The secured capital will be instrumental in advancing Acorai’s clinical studies and progressing towards ..read more

Sunfuria, a company based in Värmland, has taken the jury by storm and can now call itself Logitech Start-Up Partner 2022. The team behind it has invented a smart solution for cooking in developing countries via solar-powered heating. Now the company has won the attractive Logitech award, which will hopefully lift the fledgling business on its path to success. In June, tech company Logitech launched the “Logitech Start-Up Partner 2022” entrepreneurial competition in Sweden for the first time. Now the jury, consisting of Logitech representatives and well-known investor Jonas Eriksson, has chose ..read more

Swedish MOVS fills its coffers with approximately SEK 45 million in a recently completed capital round. The leading subscription service for micro-commuting will use the fresh millions to develop its own electric vehicles, expand into new markets and develop its digital platform. Investors include Jula Holding and Svea Bank. MOVS was founded with a vision to contribute to cleaner cities by making it easy for people to commute sustainably. To this end, the company offers flexible and affordable subscriptions that provide customers with a private bicycle, e-bike, electric park bike or electric m ..read more

The fintech company Nstart has received authorisation from Finansinspektionen to operate as a credit market company. The authorisation allows Nstart to conduct financing activities with deposits and loans, which will give more Swedish and European consumers the opportunity to start a sustainable path to debt freedom. Nstart AB is a Swedish fintech company that challenges old credit models and growing over-indebtedness in society with new technology and methodology for sustainable lending. Nstart uses deep data analytics to empower highly indebted consumers to refinance and begin a path to debt ..read more

The Swedish investment company Partinc Capital AB invests in the Finnish SaaS company Seidat. Seidat provides a cloud-based sales platform that enables a smooth sales flow through interactive and easy-to-use sales materials and collaboration features. Seidat meets today’s challenges of editing, managing, presenting, sharing and analyzing flexible presentations with a platform that suits both smaller local – and larger international companies. They are currently expanding rapidly and have an existing customer base of around 300 companies. With the support of Partinc Capital, Seidat aims to stre ..read more

Picsmart AB (“Picsmart”), which delivers fossil-free food directly from local stores to consumers and businesses, has completed a new share issue of approximately SEK 25 million, bringing the total amount raised to approximately SEK 40 million in the first half of 2022. At a time when many investors have slowed down and capital rounds have become more difficult to complete, Picsmart has recently closed its second round of the year. “We continue to grow according to plan, even after the pandemic. Our focus is now on profitability, which is attractive to our existing and new investors,” said Chr ..read more

[BRIEF] Twelve months have passed since French President Emmanuel Macron announced that he wanted to see “ten technology companies worth €100 billion” in Europe by 2030. The target was the latest in a series of announcements from European policymakers, setting out their ambitions for the future of Europe’s tech companies. Something that comes at the same time as we see the emergence of an increasingly sophisticated and successful startup ecosystem. A year on, Europe’s growth trajectory has begun to slow. In 2021, funding consistently broke records and Europe showed an accelerated unicorn growt ..read more

One mistake many start-ups make is not managing working capital sufficiently and improving cash flow early on. It is worth looking into this topic, especially for start-ups, as optimising working capital can be critical to a company’s success and growth. Read about the definition of working capital and tips on how you can improve it in the short term! Companies that want to grow sometimes need to free up capital To optimise cash flow, you need to understand future needs, liabilities and revenues, and consider a temporary increase in working capital. Working capital has a major impact on differ ..read more

When BizMaker is vacuuming Västernorrland for business ideas through the Jagharenidé.nu competition, many good ideas have come in. Only a few are awarded as winners and many entries have potential. Therefore, an effort is now being made to capture even more good ideas that will be developed further in BizMaker’s incubator. BizMaker’s Jagharenidé.nu competition is a recurring competition, open to everyone in Västernorrland, where participants compete with their best business ideas. Once the jury has given its verdict, prizes are awarded to winners in two categories who are offered business advi ..read more

The cancer company Multi4 AB won “The start-up Company of the year” in competition against >900 companies in the Nordic region! The competition is organised by Techarenan and 30 finalists competed in Almedalen for the prestigious title. -“It’s fantastic that our brand new automated technology for cancer treatment has won! Everyone is a winner with the Multi4 instrument! Healthcare and society make a big cost saving, but the biggest winner is the patients who avoid long waiting times and can get their cancer treatment immediately at their first visit,” says Miden Melle-Hannah, double special ..read more