Swedish Startup Space

Sunday #swedentech news: Spotify, Campanja and Sweden’s young talents – December 8

Written by on December 8

Each Sunday, we bring you Swedish technology companies who’ve been written about, or mentioned by larger international press. This week, Spotify hint at a ad-supported free mobile service, Campanja takes investment from Europe’s newest tech VC and Veckans Affärer list Sweden’s hottest young super-talents. 

Sorry Pandora, Spotify Is Armed With a New Strategy

“According to the Wall Street Journal, Spotify plans to soon roll out a new ad-supported service that will offer mobile users the chance to play a limited number of songs on demand, and also hear music based on their reported preferences — all free of cost. Previously, Spotify users could play music on demand, but only on their computers, and they could only secure mobile access if they bought into Spotify’s premium package, which costs $10 a month, and promises unlimited, on-demand music on any device.

New Fund Seeks to Fill Gap Between Seed and Series A

“Some of the companies it has invested in include Campanja AB, a Swedish startup building a real-time bidding engine to help advertisers get more out of search engines; and Tizaro Supply Ltd., a London-based industrial-supplies marketplace, which sells things like motors and pumps. The fund was also set up by Rob Kniaz, a former member of the investments team at Fidelity Ventures and former product manager at GoogleInc.GOOG +1.19% Irish entrepreneur Dylan Collins is a venture partner with the fund.”

Årets 101 Supertalanger – Veckans Affärer

“För nästa generation av näringslivets makthavare får storbolagen stå tillbaka för uppstartsbolag. Årets kartläggning av Sveriges 101 supertalanger visar att entreprenörskulturen har slagit igenom på bred front.”

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