Latest news and stories

Gothenburg start-up Mycorena has completed a Series A funding round and raised EUR 24 million, approximately SEK 240 million. The funding round was the largest of its kind in the Nordics in the alternative protein space.

Mölnlycke, a leading medical solutions company, has announced it is relocating its headquarters to the growing life science cluster GoCo Health Innovation City in Mölndal, Gothenburg. The move is scheduled to be completed in late 2024.

A test and development project is now underway into wireless charging of electric taxis in service in central Gothenburg. A small fleet of electric taxis will operate for three years using inductive charging. The project is part of the Gothenburg Green City Zone initiative.

In 2025, Volvo Cars and Northvolt's new battery production plant in Torslanda will be up and running. The fact that the gigafactory will be located in Gothenburg is the result of a solid collaboration between different actors in the city – under the leadership of Business Region Göteborg. But how di…

Gothenburg won the tug-of-war for Volvo Cars and Northvolt’s new battery manufacturing plant. The establishment has been described as an industrial gold bar – and that gold bar is coming to Torslanda. The deciding factors were the city’s collaborative capacity, superior logistics, skills clusters, a…

Volvo Cars will invest SEK 10 billion, approximately EUR 1 billion, to upgrade its Torslanda manufacturing plant in Gothenburg. The planned investment is part of the steps the company is taking to become a fully electric car company by 2030.

Northvolt and Volvo Cars will place their first joint battery manufacturing plant in Gothenburg, Sweden, next to Volvo Cars’ assembly plant in Torslanda. The new facility will be operational in 2025 and create up to 3,000 direct jobs in Gothenburg. Indirectly, it will also create thousands of additi…

Swedish investment company Wellstreet will open its first office in Gothenburg during February. The investment further strengthens the region’s tech scene, where Klarna and Northvolt have also announced plans to establish operations.

Swedish companies Volvo Cars and Northvolt will open a joint research and development (R&D) centre in Gothenburg, which will create a few hundred highly-skilled jobs in the city. The new centre is part of a SEK 30 billion investment in battery development and manufacturing.

Swedish payments firm Klarna is set to open a product development hub in Gothenburg, which will create around 500 new highly-skilled jobs in the city. 

Since it was started in 2016, Gothenburg company Cellink has gone from university spin-off to global leader, with its bioprinting products used by scientists and R&D labs across the globe. The company is also the starting point and foundation for Gothenburg’s first tech unicorn, BICO.  

DB Schenker is collaborating with Business Region Göteborg to scale up electric freight transport as part of the Gothenburg Green City Zone initiative – the first logistics company to do so.