Swedish Startup Space

"Swedish Classifieds Veterans Are Raising $25 Million For Opensooq"

Read the articleSee all articles from Stefan Lundell
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Written by on July 18, 2016

Lifesum increased its revenues by 70 percent in its last fiscal year. The company is now looking for ways to monetize on its data. Lifesum has raised $10 million from Nokia Growth Partners (NGP), Draper Esprit, Sparklabs Ventures and Bauer Media. NGP is an autonomous venture capital firm with ties to the Finnish telecom giant. “NGP is a truly […]

Written by on July 22, 2016

Swedish Entrepreneurs Pierre Siri and Henrik Persson are looking to raise $25 million for the Arabic classifieds company Opensooq. That could make it the leading site in Saudi Arabia. We have previously reported on Henrik Persson’s and Pierre Siri’s plans to acquire the Swedish real estate site Hemnet (article in Swedish). That deal is still alive and […]

Written by and on July 20, 2016

The Swedish quizapp company Nuday Games has filed for bankruptcy at the Stockholm District Court. Northzone and Universal Music are among the investors which are now losing their money. Nuday games have developed the quizapp Rock Science which lets its users compete in music trivia. As late as last fall, the company got Universal Music on board as an investor […]

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