Lovable Achieves $100 Million ARR in Record Time
Stockholm-based Lovable has made headlines by achieving an impressive milestone, surpassing $100 million in annual recurring revenue (ARR) within j...
Companies
Swedish Tech
AstraZeneca to Invest $50 Billion in U.S. by 2030
- July 23, 2025
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AstraZeneca, the Swedish-British pharmaceutical giant, has unveiled plans to invest $50 billion in drug manufacturing and research in the United St...
Funding
European Startups Secure Funding in Weekly Round-Up
- July 22, 2025
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This week, European startups have successfully secured significant funding in various sectors, reflecting a vibrant entrepreneurial landscape. The ...
Swedish Tech
Saab Develops Autonomous Ships Capable of Continuous Oper…
- July 22, 2025
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Saab is advancing the maritime industry with its development of autonomous ships designed to operate without human fatigue. Mårten Lager, the resea...
Swedish Tech
Volvo Cars Reports Significant Quarterly Loss
- July 21, 2025
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Volvo Cars has reported a substantial operating loss of 10 billion Swedish kronor for the second quarter of the year. This financial setback is pri...
Swedish Tech
Surge in Biogas Demand Boosts Reverse Stirling Technology
- July 21, 2025
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The demand for biogas is experiencing a significant increase, outpacing current production levels. This surge is attributed to the growing recognit...
Swedish Tech
European Startups Secure Significant Funding This Week
- July 21, 2025
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This week, several European startups successfully closed funding rounds, highlighting the ongoing investment momentum in the region. The funding ac...
Funding
Lovable Raises 1.9 Billion SEK, Valued at 17 Billion SEK
- July 21, 2025
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Swedish artificial intelligence company Lovable has successfully raised 1.9 billion SEK (approximately $175 million) in one of Europe's largest Ser...