Hej,
last week the annual (for the Third consecutive year) STHLM Tech Fest was hosted in Stockholm putting a lot of references to that event.
During the combined tech and how tech can drive impact investing event Ola Rosling (son to prof. Hans Rosling) stated:
“Vi i Sverige tillhör minoriteten. Vi är de rika. De övriga sex miljarderna människor i världen, majoriteten, de vet hur utvecklingsländer ser ut. De vet vad de behöver. Vi gör det inte.”
Apple also had their yearly autumn launch presenting a new iPhone (7) and Apple Watch. TechCrunch summarises the event.
Tech
– Slack head of Growth was there telling the story how they wanted to make communication feeling like a game DiDigital
– Sebastian (co-founder of Klarna) said banks will lose their favourite income source – mortgages – in a couple of years DiDigital
– ModCam that develops advanced picture analysis solutions raised another SEK 15 M DiDigital
– Northzone announced they’d finished raising its largest fund ever – again – at SEK 2.8 BN DiDigital
– Sofi Fahrman (fashion blogger) raised SEK 2 M from former Spotify CMO Sophia Bendz DiDigital
– Transfer Galaxy – the Swedish version of TransferWise – raised SEK 2 M to quickly and safely wire cash to families and friends in foreign countries DiDigital, Breakit
– GE bought two 3D printing companies (SE Arcam and DE SLM Solutions Group) for a combined USD 1.4 BN WSJ
– Interesting source of pitch decks from startups having raised more than USD 400M Attach.io
– PWC claims London is the world’s top city for fresh opportunities Yahoo
– Facebook co-founder Dustin Moskovitz pledged USD 20 M to fight Trump in the US election BusinessInsider
– Sustainable and re-circulating shower company Orbital Systems (backed by Zennström and Peter Carlsson) grows lightening fast DiDigital
VR/AR
– Animated short film Henry from Oculus Studios wins Emmy TheVerge
– The Keynote from Rikard Steiber (Head of HTC VIVE) at Sthlm Tech Meetup YouTube
– VR headset sales already flattening out in the US – ahead of PS VR release? AdvancedTelevision See statistics for graph of sales.
– Alcatel revealed a stand-alone VR headset EnGadget
Transportation
– The future of transportation Keynote by Peter Carlsson at STHLM Tech Fest YouTube
– Tesla upgrades its autonomous driving software enabling the vehicle to create a picture of its surroundings Tesla
– See on statistics for an interesting Transportation VC-backed Exit summary
Media
– Nordisk Film launches fund to invest in gaming (?) companies BreakIT
– Snapchat to reach USD 1 BN in ad sales in 2017 TechCrunch
– Sony unveiled PS4 Pro ahead of presenting its Playstation VR in October WSJ
– Apple music now has 17M paying subscriber showing a declined growth BreakIT
– PoGo became the first mobile game to reach USD 500 M in revenue in less than 3 months TechCrunch
– Snapchat looking to go public (?) as it secured a credit line of USD 350 M with Morgan Stanley Recode
And some statistics:
