PayPal is to acquire iZettle, a Stockholm, Sweden-based small business commerce platform operating in Europe and Latin America.
Peltarion, a Stockholm, Sweden-based deep learning AI company, secured €11m in funding.
Oxx, a London and Stockholm-based growth capital firm investing in B2B software companies, completed the first close of its debut fund, Oxx I, with a total of $100m in funds under management so far.
Swed-Weld, a Sweden-based producer of add-on equipment for the optimization of automated manufacturing lines, received an investment from Scania Growth Capital.
Creandum, a tech venture capital firm with offices in Europe and Silicon Valley, announced one new appointment and three internal promotions.
Mapillary, a Malmö, Sweden-based street-level imagery platform, powered by collaboration and computer vision, raised $15m in funding.
Qapital, a Stockholm, Sweden-based provider of a mobile banking app designed around people’s goals, secured $30M in financing.
ITBMed, a Stockholm, Sweden-based biopharmaceutical company focusing on the development of specific immunomodulatory biologics for use primarily in organ and stem cell transplantation, completed an equity investment of up to $67m.
Verdane Capital, an investment firm with offices in Copenhagen, Helsinki, London, Oslo and Stockholm, has closed a new fund, at SEK 3 billion.
Detectify, a Stockholm, Sweden-based web security company, raised €5m in financing.
Car maker Volvo Cars has launched a new fund aimed at in high potential technology startups around the globe.
IK Investment Partners, a Pan-European private equity advisory group, closed the IK Small Cap II Fund, at €550m.
Anyfin, a Stockholm, Sweden-based startup that enables consumers to refinance their existing loans with a picture, raised €4.8m in Series A funding.
BehavioSec, a Stockholm, Sweden, and Palo Alto, CA-based provider of a behavioral biometrics driven continuous authentication platform, raised a $17.5m Series B funding.
Flow Neuroscience, a Stockholm, Sweden-based medtech company, secured a $1.1m seed round of funding.