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Consumer tech company Nothing on Wednesday said it has raised $70 million in its Series B funding, co-led by EQT Ventures and C Ventures, as it reportedly works on a next-gen smartphone and reveal it soon.
Juni, the financial companion for ecommerce entrepreneurs, has secured $52M in funding led by EQT Ventures, with participation from FJ labs and other existing investors to add to the $21M already raised from their Series-A round in late June this year.
Sweden's initially laissez-faire approach to controlling COVID-19 might have helped its tech ecosystem ride out the uncertainty. Several people we spoke to said they saw green shoots regarding revenue growth and retention in their portfolio companies as founders adapted to the pandemic. Areas that are benefitting include digital health and remote work for obvious reasons, but given Sweden's strength in fintech and gaming, those sectors are both well positioned to thrive.
8 investors discuss Stockholm’s maturing startup ecosystem 'All in all, tech is in a good position' In the realm of European startup ecosystems, Sweden — largely Stockholm — ranks very close to the behemoths of London, Paris and Berlin. And with 10 million people, the nation certainly punches above its weight, having produced unicorns such as Spotify and Klarna, to name only two. As a result, the eight investors we surveyed are characteristically bullish about the future, despite a pandemic strategy that became more restrictive in the second half of last year. Sweden’s initially laiss...
Sana Labs, a startup that uses AI to personalise online training for professionals, has raised $18m in a Series A funding round.