Wellstreet Journal - 7 / 2023

Hello friends,

As we wrap up the final newsletter of 2023, we extend our heartfelt thanks for your continued support. What a year it has been – filled with milestones and growth for our portfolio companies (don’t miss this year’s last updates below)! Among our own highlights, we closed our Fintech Fund, made new investments, launched (and open-sourced) our ESG framework, welcomed two new team members (Niclas and Maria) and continued to establish impactful partnerships. We’ve said it before but it deserves to be repeated – it is through our partnerships and community we succeed.  

With this spirit in mind, we wish everyone a restful and relaxing time ahead, before what's sure to be another massive year.

Cheers,
Team Wellstreet

Wellstreet News.

🛎️ Portfolio boost: 
Our portfolio companies were invited to Google’s Swedish office for an exclusive and bespoke AI workshop. Stay tuned for the next level in our companies journeys! 

We also hosted our second ESG Training Day for our companies. This time, we focused on providing practical guidance on gas house emissions reporting,  while also shedding light on the importance of recognizing and addressing unconscious bias.

🛎️ Community: 
December buzzed with gatherings, and we enjoyed catching up with our friends talking about the fintech industry in our first fintech afterwork! (Keen to join the discussions? Reach out to us!) 

On another (fintech) note, we are proud partners of the IBM Fintechx program, which supports startups creating real-life fintech solutions with Watsonx. Check it out!

And let's not forget the energy boost we got from Kista Science City Startup Day (which we co-hosted a part of together with Changers Hub), and our trip to Slush — setting the stage for an electrifying kickoff to 2024!

🛎️  Wellstreet in Media: 
‍Our ESG approach was highlighted in an interview with Jessica by Impact Loop. 

Evelina joined Dagens Industri Börsmorgon to discuss the upcoming AI Act and current VC and exit landscape, something she also shared in this Breakit article and in AI Sweden’s podcast. ‍

Jessica and Maria delivered impactful and much appreciated keynotes at Breakit Scaleup Day, offering practical guidance to scale-up founders on navigating successful fundraising in challenging climates.

Portfolio Highlights.

Wellstreet Ventures News.

🦿 Anatomic Studios took part in the leading 3D printing fair Formnext

⚽ Ballers App has exploded(!) on social media since Fred Svenleen joined the team

🛍️ Brink Commerce signed Nelly and had a great Black Friday!

🎁 DanAds and Waymark will now provide their AI video tech and self-serve advertising solutions together – here’s the company’s recap in wrapped style

🤝 Gamifiera has new partnerships with Apohem and Panduro

💡 Hyber’s CEO Olivia Rothschild says that the government's support for a directive for extended producer responsibility is promising, but the big challenge remains

🚀 Sisterly Tribe’s Founder & CEO Kristin Hars reflects on her entrepreneurial journey

🏆 X Shore won the electric category of the Best of Boats Awards

🐎 Y/elm+ Protection announced a unique partnership with Hööks
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Wellstreet Fintech News.

💡 Enable Banking’s free glossary demystifies the complex world of open banking

🙋 Esgaia announced the experienced profile Johanna Milne as the new CCO

🚀 Future of Retail’s Q3 numbers, such as 239% revenue growth, are impressive 👀

🤝 Pensure now has a partnership with Gigger

🔮 Waytobill shared six payment trends in the Nordics that will drive 2024

Food for thought.

⬥ The State of Impact Startups and VC 2023, Dealroom

⬥ Unilever to be investigated in UK over ‘greenwashing’, The Guardian

⬥ The journey from venture capital to private equity – a guide for tech startups, Clipperton

⬥ Seven fintech predictions for 2024, Sifted

⬥ Rebalancing Innovation: Women, AI and Venture Capital in the UK, The Alan Turing Institute

⬥ State of European Angels, Nordic Angels & BCG Group

⬥ ECB Threatens 20 Banks With Fines After Climate-Risk Warning, Bloomberg

⬥ The top takeaways from Atomico’s State of European Tech report, Sifted

Job opportunities.

⬥ Esgaia: Senior Full-Stack Software Engineer (Laravel, Vue.js, AWS)

⬥ Future of Retail: Sales Manager

⬥ ICANIWILL: Customer Service Manager & Event & Marketing Assistant

⬥ Sisterly Tribe: Marketing & Social Media Internship

⬥ Wellstreet: Associate

⬥ YMR: Community & Social Media Manager

Just one more thing! Are you looking for an office space for your company? Come sit with us at The Factory, in our coworking space, in a room of your own, or on your own floor! Read more here and contact our Head of Hubs, Amanda Livh, at amanda [@] wellstreet.vc to know more.

That’s all from us! See you next year!

The Wellstreet Team

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