Fishbrain’s Cocky Goal For 2016: 500 Percent User Growth In The U.S. Alone
The Swedish social media for recreational fishing, Fishbrain, hopes to get its big break in the U.S. this year. The company sets out to go from 1.2 million users to 6 million. At Breakit, we have...
View ArticleUmeå-startup Sportswik Raises $1.2 Million From TV Network TV4 Group
Sportswik gives all sports teams a professional looking media coverage for their games. The Swedish TV-network TV4 Group has now invested $1.2 million in the company, which has been founded by former...
View ArticleTelefonshoppen Gets Big Break – Sales Surpassed $12 Million Last Year
The money flood gates opened last year for the online store for cell phones. Revenues grew by 260 percent, and the “King of snus” Jonas Engwall got on board as an investor. The company was founded back...
View ArticleDreams launches app to help millennials save money
Dreams is a Swedish app designed for a generation who thinks traditional banking services are just sooo boring. The company was founded in 2013 by former Avanza CMO Henrik Rosvall. Today, Monday, the...
View ArticleCryex want to lower the price of exchanging money to almost nothing
The secretive startup Cryex becomes a little less secretive. The company’s CEO now reveals her plan: To create a digital marketplace that will lower the cost of exchanging currency with up to 90 per...
View ArticleHanna Widell and Amanda Schulman Buys A Third Of Elin Ryer’s Classifieds Site
The entrepreneurs behind Perfect Day Media is entering the already crowded market for second hand clothes online. They have now bought 33 percent of the high-end fashion site Used-a-porter. There has...
View ArticleKNC Miner Declares Bankruptcy – Chinese Competition Too Tough
In a press release issued late Friday evening Swedish time, the Swedish bitcoin company KNC Miner informs that it has officially filed for bankruptcy. Breakit has previously reported on the company’s...
View ArticleEdtech Startup Digilär On The Competition: “It will be a tough fight”
Tougher competition has forced digital learning company Digilär to lower prices – preventing them from achieving the turnover they had previously had hoped. When Breakit interviewed Digilär’s CEO and...
View ArticleVP of Sales Jonathan Forster Leaves Spotify – After Ten Years
Jonathan Forster was one of the early employees at Spotify, and has been in the closest circle around founder Daniel Ek. Jonathan Forster started working for the music streaming company in 2007 as head...
View ArticleSwedish Startup Space is no longer updated
Dear readers, We are sorry to tell you that Swedish Startup Space will no longer be updated in the foreseeable future. Breakit acquired SSS in 2015 with the ambition to expand our english language...
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