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Telness Tech, the Stockholm-based full automation software company for the telecommunications industry, has secured €5 million in bridge-funding in the midst of a rapid international expansion, swapping operational founder roles and gearing up for new market entries.

Stockholm-based Buddywise, the platform transforming workplace safety with AI across Europe, has announced a €3.5 million seed round.

In a strategic move to strengthen its presence in Europe's Nordic Region, the Public Relations Global Network (PRGN) has announced the addition of Aspekta AB, a public affairs and PR powerhouse based in Sweden.

The partners also intend to develop and operate new large scale offshore wind projects in Sweden and Finland through a joint-venture, and to bid for the upcoming offshore wind tenders in Denmark.

 Now for the first time, brands, agencies, omnichannel DSPs and media owners - both in the country and globally - can access the Hivestack platform and suite of solutions to plan, activate, measure and drive revenue from programmatic DOOH campaigns in Sweden.

The investment will contribute to an even more efficient use of resources in the business and lead to 120 fewer truck transports each year.

The European Investment Fund (EIF) and Swedish fintech company Invoier have signed a guarantee agreement worth up to €58 million to provide small and medium firms (SMEs) and other companies with better access to funding.

Webel, the app that brings any service to your doorstep, has raised €2.1 million led by Trind Ventures, primarily for expansion purposes.

Klarna, the Swedish AI-powered global payments network and shopping assistant, announced strong growth across Europe.

Swedish innovative Software as a Service (SaaS) startup CodeScene, has successfully raised €7.5 million in financing round led by Neqst and CEO/Co-investor Hamdija Jusufagic, with continued Support from Luminar Ventures and Inventure.

Finding new glue solutions is one of the main approaches to reducing the IKEA climate footprint, and most glue consumption is used in board production.

The Swedish mining group Boliden is becoming one of the first in the world to start using battery-electric trucks for heavy underground transport starting 2023.

Swedish Biofuels AB has announced an investment by Mitsubishi Corporation to jointly accelerate commercial deployment of clean renewable fuels using Swedish Biofuels advanced alcohol to jet (ATJ) technology.

IKEA uses wood more than any other material, and for the very first time, shares all of the 45 markets suppliers sourced wood from in FY22.

Carlsberg Sweden has been working continuously to reduce the carbon footprint in all parts of the business.

End-to-end agency iO’s expansion continues in the Nordic market. Earlier in September iO acquired the Danish agency Peytz & Co, and now Stockholm-based digital agency Triggerfish is becoming part of iO.

Media owners, advertisers and agencies in Sweden now have access to Outdoor Impact 2.0, a new OOH measurement system designed by Ipsos to evolve the understanding of Out of Home audiences.

The alliance will see the Swedish multinational leverage Google Cloud's extensive data analytics capabilities and secure, sustainable global infrastructure to further enhance its customer experience and supply chain enablement.

The Film Craft Lions, celebrating onscreen artistry, received 1,711 entries. The jury chose to award 54 Lions: 11 Gold,  17 Silver and 25 Bronze.

Husqvarna Group’s largest division, Husqvarna Forest & Garden, is now joining the Power for All Alliance with selected products.

IKEA has continued its journey to enable an even smarter home for the many people. In October, a Matter ready hub for smart products called DIRIGERA will be launched together with a new IKEA Home smart app.