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.


Tagged , .

Philip Barjami is an editor for Mundus News and a regular contributor to the Monthly Policy Review. Philip holds a BSc in History and International Relations from the London School of Economics (LSE) with First Class Honours and has a Master’s in Middle Eastern Politics from the School of Oriental and African Studies (SOAS) in London. He has previously worked as an interpreter and as a financial analyst, before deciding to become a journalist. He is fluent in English, Swedish and Farsi.