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Stockholm-based Sigrid has raised $5 million to expand its metabolic health platform in the U.S. and develop new verticals. The company's focus is on non-systemic solutions for blood sugar and weight management.
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Tech.eu provides a glimpse into their monthly reports, covering key investment trends, notable company activities, and emerging industry sectors in the European tech scene during December.
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In December, eight companies raised over €100m, with two €500m rounds highlighting continued appetite for category-defining businesses.
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Telia plans to reduce its workforce, with layoffs threatening up to 200 employees.
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American companies Chevron and Quantum are reportedly interested in acquiring Teboil, but the deal requires approval from Donald Trump.