Major corporations intensifying investments in startups

Dagens Industri reports that Sweden’s largest corporations, including major banks, trade corporations and industrial giants are increasingly investing in start-ups. SEB, Swedbank and Nordea as well as H&M and IKEA, are amongst the corporations that follow this trend. Both in Sweden and internationally, corporations are increasingly investing in fintech. “When major technological shifts break across industries, the interest in investments and ownership of smaller companies increases, some that might have developed unique techniques that cannot be purchased or built internally,” David Sonnek Head of SEB Venture Capital told DI.