Sferical AI has launched the Sferical One supercomputer in Sweden, featuring 1,152 Nvidia GPUs and backed by a consortium of major industrial corporations.
Sweden’s Riksbank is urging lawmakers to prepare legislation for a digital krona, citing the European Central Bank’s progress on the digital euro and the rise of foreign stablecoins.
Sweden's Avanza Bank holds 2,122 shares of Bitcoin treasury company Strategy, valued at $298,000, as part of its strategy to provide indirect crypto exposure to clients.
The Port of Helsingborg has ordered two Kalmar ERG450 electric reach stackers, marking the Swedish hub's first move toward fully electric terminal operations.
Swedish biotech firm Omnio has raised €2.9 million to advance its plasminogen-based therapy for chronic wounds, with plans to initiate clinical trials in 2027.
Swedish startup Stegra is seeking additional funding to complete its hydrogen-fuelled steel plant after costs rose significantly above initial projections.
Swedish micromobility provider Voi has secured a €150 million credit facility to redeem outstanding bonds and support fleet expansion following a record-breaking second quarter.
Valour has introduced a Zcash ETP on the Swedish Spotlight Stock Market with a 1.9% annual fee, positioning it as a lower-cost alternative to the 21Shares product launched a week earlier.
Stockholm-based IPercept has raised $16.5 million in Series A funding to expand its CNC machine diagnostic technology into the US market.
Helsingborg-based AI startup Klang has raised €1,32 million to fuel international expansion and research, while simultaneously releasing an open-source speech-to-text model for Swedish.
Stockholm-based AI startup Spiich has raised €3 million to scale its sales automation platform and expand its engineering and go-to-market teams across Europe.
Swedish defense startup Terasi has raised €11 million in a seed round co-led by the NATO Innovation Fund and Join Capital to scale its secure wireless communication technology.
Authorities in the UAE and Sweden have arrested seven suspects linked to a $7.1–7.5 million money laundering network that utilized cryptocurrency to facilitate organized crime.
Authorities in the UAE and Sweden have arrested seven individuals linked to a $7.1 million crypto money laundering ring connected to organized crime and contract killings.
Daniel Skaven Ruben, a veteran foodtech investor and adviser, analyzes the challenges of scaling agrifoodtech startups and the evolving ecosystem in Sweden.
Swedish healthtech startup Tandem Health has raised $100 million in a Series B round led by the EU-backed Scaleup Europe Fund to scale its AI-native clinic operating system.
Danish venture firm Seed Capital has raised €130 million for its fifth fund to expand into Sweden and target the cybersecurity sector.
Swedish tax authorities are seeking $56.5 million from crypto miners for alleged misuse of data-center tax incentives, triggering corporate restructuring and strategic shifts.
Sweden's tech ecosystem is seeing a funding rebound, with projections suggesting at least $5 billion in total investment this year.
