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Here are the 5 hottest startups in Sweden

The Next Web

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.

Sweden 158
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Sweden-based digital bank Northmill raises $30M

TechCrunch

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.

Sweden 93
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Sweden sides with Tesla, says transport agency must deliver plates or pay up

TechCrunch

Workers for PostNord, Sweden’s […] © 2023 TechCrunch. A Swedish court ruled Monday that the country’s transport authority has to get Tesla its license plates, which are being blocked by striking postal workers, or pay up, the Aftonbladet newspaper reported. All rights reserved. For personal use only.

Sweden 107
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Sweden calls for Europe to ban crypto mining over environmental concerns

TechSpot

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.

Sweden 138
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Readings Show Evidence of Huge Ocean Under Mars' Surface

Futurism

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.

Sweden 104
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Sweden to increase school security after its worst school mass-shooting

Fast Company Tech

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

Sweden 68
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Klarna IPO: Buy Now, Pay Later firm reveals profit and growth details as possible stock listing date nears

Fast Company Tech

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.

Profit 84