Silicon Valley in Sweden: an overview of the development of the country’s technology market

Sweden's Silicon Valley: the success of local startups and the role of the government Klarna, a Swedish fintech company, has made a splash on the European market. It had the largest listing in the region, and the startup's founder believes that government support played an important role in its success. Sebastian Siemiatkowski says that if…

Startup Revolut became the most expensive fintech project in the UK

Startup Revolut received $800 million in funding British startup Revolut held another round of financing, which resulted in it becoming the most expensive in the country. The company received investments of $800 million, and its valuation rose to $33 billion. The startup showed a six-fold increase in value since the previous round. This interest in…

U.S. Internet giant Microsoft announced a long-term partnership with startup Rubrik

Unicorn startup Rubrik received a large investment from Microsoft Corporation Microsoft has invested in Rubrik, a startup that manages and protects cloud data. According to the Internet giant, the move will improve user protection and provide users with more products for secure activities. In addition, cloud solutions are gaining in relevance, and carry enormous opportunities…

Startup Mollie received an investment of $800 million

Mollie became the third largest fintech unicorn in Europe The Mollie payment project held another round of financing, as a result of which it received $800 million. Thanks to this, its valuation rose to $6.5 billion, making the startup the third largest unicorn in the fintech sector in Europe. Mollie was founded in Amsterdam by…

Startup Wise became the first European IT company to launch an IPO

Wise has made a direct listing on the stock exchange in London Wise held an initial public offering on the London Stock Exchange, the first direct listing for the European IT market. The UK-based payment service was valued at $11 billion, making its founders billionaires. That amount is more than double Wise's capitalization after another…

African startup Zipline received a $250 million investment

Zipline's valuation reached $2.75 billion Startup Zipline, which provides drug delivery services using drones, received a $250 million investment. Another round of funding was so successful for the company, raising its valuation to $2.75 billion. Zipline operates in Africa, delivering drugs and various medical products via drones. The company plans to use the proceeds to…

27.09.20210Comments

ByPress secretary

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.