The week's news from the unlisted shares on Eqvor: Microsoft is to shorten Blykalla's permitting work with AI and Google is buying environmental certificates for Stegra's steel from Boden — two of the world's largest tech companies forged ties with a company each on the platform two days apart. Plus Airmee's sixth terminal, Epidemic Sound in a new kind of audiobook, Virtune in Warsaw, a new CFO at Hedvig and our first physical event.
Partnership
Blykalla — Microsoft is to shorten the permitting work with AI
Blykalla is bringing Microsoft's GenAI for Energy Permitting Solution Accelerator and agent-based AI tools into its regulatory work, in Swedish and English. The tools support the work of writing, reviewing and checking permit documentation against regulatory requirements.
The ambition is to move documentation work that is traditionally measured in years to something measured in months. Blykalla's head of AI, Jon Christensen, sets the target at 90 per cent less time and resources. Permitting is under way on two fronts: the applications for two reactor parks in Sweden, and the pre-application dialogue with the US nuclear regulator, the NRC.
Source: Blykalla, press release on 15 September 2026.
Partnership
Stegra — Google buys environmental certificates for steel from Boden
Google is buying environmental attribute certificates (EACs) linked to Stegra's steel production in Boden. The agreement covers certificates corresponding to up to 91,000 tonnes of steel in the first year, with the ambition of increasing the volume over the term of the agreement. Google uses the certificates to manage emissions from its own steel needs, including in the construction of data centres, while also providing cash flow for Stegra's first year of production.
Three days earlier, Stegra presented its maritime transport partners: ESL Shipping and Royal Wagenborg for the European network, Pangaea Logistics for the iron ore and Clarksons as strategic adviser. This follows the agreements with the ports of Luleå, Skellefteå and Umeå and with Green Cargo for the railway.
Source: Stegra, news on 17 and 14 September 2026.
Expansion
Airmee — sixth terminal opens in Örebro
Terminal area
2,700 sq m
opened 11 September
Capacity
15,000–20,000
parcels per day at full utilisation
Volume growth
+54%
deliveries H1 2026 vs H1 2025
The terminal sorts shipments to Karlstad, Örebro, Eskilstuna, Linköping and Norrköping. The extended Same Day reach means that around 900,000 more people can be reached by faster deliveries. During the second half of the year, Airmee is gradually moving into more than 11,000 square metres of new and upgraded terminal capacity, including in Kallhäll and Malmö.
Source: Airmee, press release on 14 September 2026.
Partnership
Epidemic Sound — scores a new kind of audiobook
The audiobook studio and publisher Lex is making Epidemic Sound its primary music partner and connecting the entire catalogue to its production via Epidemic Sound's API — more than 300,000 tracks and sound effects that may be used commercially. The point is the rights: because Epidemic Sound owns one hundred per cent of its music, Lex can publish every title on Audible, Spotify, Apple Books and Google Play without licensing hassle or takedowns.
Source: Epidemic Sound, press release on 14 September 2026.
Launch
Virtune — eighth product admitted to trading in Warsaw
Virtune Hyperliquid ETP was admitted to trading on the Warsaw Stock Exchange on 17 September. It is the company's eighth product in Poland since its entry in February and the second in September, after the Chainlink product on 3 September. The product is fully physically backed, has a management fee of 0.95 per cent and is traded in Polish zloty. In total, Virtune manages 23 products with USD 320 million in capital.
Source: Virtune, press release on 17 September 2026.
Recruitment
Hedvig — new CFO from Protector
Nina Johnsson Uusitalo becomes CFO at Hedvig and takes up the position on 9 November. She comes from Protector Försäkring Sverige, where she was responsible for finance, compliance and HR, and has previously worked at Söderberg & Partners and Videoplaza. Hedvig's CEO Jonas Billberg describes the recruitment as important for the company's continued growth.
Source: FinansWatch, 15 September 2026.
Eqvor
The room before the stock exchange — our first physical event
On 10 September we held our first physical event, together with Hubins: an evening about the unlisted market on Strandvägen in Stockholm. Cissi Nilsson interviewed CorPower Ocean's founder and CEO Patrik Möller in a live-recorded episode of Vägen till Exit, followed by a panel discussion with Martin Lindman, CEO of Doktor.se, and Hjalmar Didrikson from Alfvén & Didrikson. Thank you to everyone who came — there will be more.
Vägen till Exit, episode 17: Olov Renberg, BehavioSec
Olov Renberg co-founded BehavioSec in Luleå on the idea that the way we type, move the mouse and hold the phone reveals who we are. The company raised around SEK 250 million from investors including Northzone, Cisco and ABN AMRO before it was acquired by LexisNexis Risk Solutions. In the episode he talks about selling a technology the market did not yet have words for — and about what it is like for early employees and investors to be locked in for more than ten years without the possibility of selling.
Source: Vägen till Exit, episode 17, published on 15 September 2026.
