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Dubbed a ‘unicorn factory’ Sweden has become a powerhouse incubator for some of the most innovative startups. In fact, in 2017 Sweden more than doubled its number of startup exits.
Northmill Bank , the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding. Leading the round is M2 Asset Management, the Swedish investment company controlled by Rutger Arnhult, and asset management firm Coeli. Next stop, Norway.
Euronews reports that two directors of the Swedish Financial Supervisory Authority, Erik Thedéen and Bjorn Risinger, said that rising crypto mining in the country and the subsequent increase in energy usage threatens its ability to meet targets set out in the Paris Climate Agreement. Therefore, they suggest banning proof-of-work crypto.
To test their theory, they scanned P- and S-waves from dry, wet, and frozen samples of a Martian rock analog, in the form of diabase rocks from Sweden. The researchers hypothesized that these boundaries could indicate the presence of water-filled cracks.
The attack has raised questions about whether security at Sweden’s schools needs to be improved. Sweden’s right-wing government also said last week it would seek to tighten gun laws as the attacker appeared to have used several of his own licensed rifles. Johan Ahlander, Reuters
Klarna is a fintech company based in Sweden. It includes a preliminary prospectus that offers a detailed look into the company’s financial performance and potential risk factors. What is Klarna? Though it has its fingers in several aspects of fintech, the company is best known for its Buy Now, Pay Later (BNPL) services.
In a press release, the company said that the plug-in hybrid truck has a 560hp motor, and comes with an 18m trailer covered in new lightweight tandem solar panels, which generate the vehicle's electrical propulsion. More than 100sq m of space on the trailer is covered by the solar panels. Read Entire Article
For the fifth year in a row Adyen and TNW teamed up to find the fastest growing companies in Europe’s six hottest startup ecosystems: the United Kingdom, The Netherlands, Germany, France, Spain, and Sweden. The winner, mattress business Emma (Germany), was announced tonight at TNW Conference Founders Dinner in Amsterdam, The Netherlands.
The new agreement will provide Paradox employees within Sweden with a formal avenue for “influencing their pay, benefits, responsibilities, and more,” and it’s set to be finalized within the quarter.
Dota 2’s The International tournament, one of the biggest esports competitions in the world, may no longer take place in Sweden as originally planned. As a result, “anyone attempting to procure a visa for travel into Sweden for TI10 (including players, talent, and staff) would be denied,” Valve said.
In the lead-up to Tech5 2017 – the annual competition organized by TNW and Adyen which celebrates Europe’s fastest-growing tech companies in The Netherlands, UK, Germany, Spain, France and Sweden– we’re launching a series of remarkable stories of businesses that experienced extreme growth.
Valve writes that it started working with Sweden back in 2019 to ensure the tenth DOTA International tournament could be held in the country during 2020. The pandemic ensured that never happened, but the company was given assurances by Stockholm Live and Visit Stockholm that this year's Championships would qualify.
This November, the notorious file-sharing site The Pirate Bay will make its debut as a television series on Swedish public broadcaster SVT. The series, which dramatizes the controversial history of the site, promises to be a nostalgic journey for those who have followed The Pirate Bay's saga over the years. Read Entire Article
In the lead-up to Tech5 2017 – the annual competition organized by TNW and Adyen which celebrates Europe’s fastest-growing tech companies in the Netherlands, UK, Germany, Spain, France and Sweden – we’re launching a series of remarkable stories of businesses that experienced extreme growth.
Sweden, which has a population of around that of Michigan in the United States, punches above its weight in both cultural and business terms. In business terms, Zettle, Ikea, Klarna and Spotify all call Sweden home. Techstars CEO Maëlle Gavet declined to comment on the choice to leave Sweden on the record.
According to a spokesperson from telecommunications company Telia Lithuania who spoke to CNN, a communications cable between Lithuania and Sweden was cut on Sunday morning around 10:00 a.m. local time. Read Entire Article
Valve had been working with Sweden since 2019 to ensure the tenth DOTA 2 International tournament could be held in the country during 2020. Those plans were scuppered by the pandemic, but the company was given assurances by Stockholm Live and Visit Stockholm that this year's Championships would qualify for.
Adalberth started Klarna with the company’s other co-founders in Stockholm, Sweden, because, he says, the barrier for starting a business was high enough as it was (they were in business school at the time and didn’t really know all that much about the technology industry). You can find the video recording of the discussion below.
Apple has terminated Epic Games Sweden's developer account, banning the company from releasing any iOS software on or off the Apple App Store. The decision comes mere weeks after Europe's new Digital Markets Act (DMA) pushed the Cupertino giant to let Epic start an alternate app store. Read Entire Article
The service, launched in the US earlier this year, will now be available to eight additional countries, including Belgium, France, Germany, Italy, Poland, Spain, Sweden, and the UK. Apple is expanding its self-repair program to Europe.
Back in June, Valve said it had been working with Sweden since 2019 to ensure the tenth DOTA 2 International tournament could be held in the country during 2020. The pandemic put a spanner in those plans, but the company was given assurances by Stockholm Live and Visit Stockholm that.
My training ground was the streets of Sweden, going door to door as a teenage evangelist. You can learn useful entrepreneurial skills in all sorts of odd places. What I learned there was resilience, persistence, and self-belief.
For the fourth year in a row, TNW and Adyen joined forces to organize the Tech5 competition in which we scour The Netherlands, the UK, Spain, France, Germany and Sweden for the fastest revenue-growing companies. Download the full list of the 30 fastest growing companies But that’s not all.
These startups include companies from France, United Kingdom, Germany, and Sweden. The Next Web has been hunting down the fastest-growing startups in Europe. These companies represent the best their respective countries have to offer and have gathered at the TNW Conference Europe as part of the Tech5 competition.
Except this year we’re going big… In the past, only startups from the Netherlands, the UK, Spain, France, Germany, and Sweden could apply. So for the sixth time, together with our partner Adyen, TNW is on the hunt for the fastest-growing startups in Europe and Israel to showcase at TNW Conference 2019.
Are you looking for the best way to stream live TV, sports, and entertainment in Norway, Denmark, and Sweden? Look no further! Wave4K IPTV… Continue reading on Medium
In December, Apple expanded its reach to eight additional countries including France, Italy, Poland, Spain, Sweden, and the UK. Self Service Repair initially supported just a handful of iPhone models but grew in scope over 2022 to include select Mac models. Read Entire Article
In the lead-up to Tech5 2017 – the annual competition organized by TNW and Adyen which celebrates Europe’s fastest-growing tech companies in the Netherlands, UK, Germany, Spain, France and Sweden – we’re launching a series of remarkable stories of businesses that experienced extreme growth.
But have you heard of what’s going on in Cyprus, Sweden or North Carolina? Malmö, Sweden. From Silicon Valley to Silicon Alley, and Berlin’s hip coffee shops to East London’s Silicon Roundabout , the world is well versed in the global innovation boom towns.
When The Exchange wrote about Sweden’s startup scene at the end of last month, we said we’d revisit the Nordics this week. Two: That’s the number of startups in YC’s latest batch with offices in Denmark, Norway or Sweden, according to data from the accelerator itself. Well, a promise is a promise.
The all-electric, self-driving minivan will be designed and developed in Gothenburg, Sweden, before being added to Waymo’s […]. The autonomous-vehicle specialist announced this week that it’s partnered with Chinese automaker Geely to build a Zeekr minivan filled entirely with passenger seats.
Einride’s current shipping clients across Sweden and the U.S. By the time Einride is ready to go to market with its autonomous pods, it will ideally already have a range of commercial shipping partners in its pipeline. include Oatly, Bridgestone, Maersk and Beyond Meat. The company said it clears close to 20,000 shipments per day.
Klarna employees were planning to strike next week in the fintech’s home country of Sweden, as reported by tech.eu. Fintech giant Klarna has reached an agreement with workers that were set to strike next week, the company told TechCrunch today. All rights reserved. For personal use only.
Our perspective on the matter is hardly unique: Techstars recently announced two new programs on the continent, one in France and one in Sweden, indicating that it too sees lots to like in Europe. Throw in notable IPOs, including Truecaller this morning , and you have to keep at least one eye on Europe.
Premium Lite is currently being tested in Belgium, Denmark, Finland, Luxembourg, the Netherlands, Norway, and Sweden. “In The new “ Premium Lite ” plan was spotted by a user on ResetEra , and YouTube subsequently confirmed the test offering in a statement given to The Verge.
The event had been originally set to take place in Stockholm, Sweden in August, but Valve had announced in June it had started looking for other locations because of restrictions on esports events in Sweden.
Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. Founded out of Stockholm in 2016, Einride has raised some $150 million in funding to commercialize a cab-less autonomous cargo truck, one that can be controlled remotely, if required, by human operators.
Tink , a startup out of Stockholm, Sweden that aggregates a number of banks and financial services by way of an API so that those can in turn be accessed via new channels, has raised €85 million (or $103 million at current rates), at a post-money valuation of €680 million (or around $825 million). It is live in Sweden, U.K.,
World Update V is focused on the Nordic region (specifically Denmark, Finland, Iceland, Norway, and Sweden), bringing stunning vistas to an already visually impressive title.
Tipser’s presence in Sweden will now also serve as Bolt’s European headquarters to go with the company’s recent announcement of expanding into Europe. Exact transaction figures were not disclosed, but Breslow did reveal to TechCrunch that the acquisition, which was an all-stock deal, came in “just shy of $200 million.”
Back in 2014, when the wave of containers, Kubernetes, and distributed computing was breaking over the technology industry, Torkel Ödegaard was working as a platform engineer at eBay Sweden.
Chunk was initially launched with restaurants and chefs in Sweden. The company also looks to expand out of Sweden and into the U.S. “We Stockeld wanted protein as the core ingredient, so Chunk is made using fermented legumes — pea and fava in this case — which gives the cheese a feta-like look and feel and contains 30% protein.
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