Swedish Startup Space

The 4 latest related news

Written by on November 17, 2013

Each Sunday, we bring you Swedish technology companies who’ve been written about, or mentioned by larger international press. This week, a Swedish bitcoin-hardware company made $3 M in four days, Foap talked about community as a critical component of their marketplace, and the Wall Street Journal piled more praise on the Swedish startup ecosystem.

Reposted from Wall Street Journal on February 17, 2015

Venture capitalists continue investing in bitcoin mining company KnCMiner, despite several lawsuits filed against it by customers.

Stockholm-based KnCMiner raised $15 million in a Series B round led by Accel Partners. Existing investors Creandum, GP Bullhound and angel investor Martin Wattin, also participated. Creandum led a $14 million Series A investment in the company last year.

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