Sweden

Telness Tech secures €5M to accelerate Global Expansion and enters US Market
Stockholm's Telness Tech, a burgeoning software provider for the telecommunications industry, has successfully secured €5M in funding from its two principal shareholders, Industrifonden and Viltor (JCE Group). This strategic injection of capital is earmarked for propelling the company's international expansion efforts.
Polestar, the Gothenburg-based premium electric vehicle manufacturer, has announced securing a substantial $950M (approximately €877M) through a three-year loan facility. This strategic financial boost was provided by a consortium of 12 leading international banks, including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC, and SPDB, marking a significant milestone in the
Kameo, a Stockholm-based investment platform that specializes in facilitating direct investments in property project loans across Scandinavia, has successfully raised €1.29M in a new funding round. The investment was led by Stockholm’s Incore Invest as part of a larger €2.26M share issuance, demonstrating strong backing for Kameo's innovative loan marketplace
Xensam, the Swedish technology firm specializing in AI-powered Software Asset Management (SAM), has successfully raised $40M (approximately €37.13M) in a growth funding round. This marks a significant milestone for the previously bootstrapped company, enabling it to further develop its AI product and expand operations across the United States and Europe.

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