The final lap as unlisted

Weekly Wrap-Up: The final lap as unlisted.

Here are the most important news items from the past week from the unlisted companies on Eqvor's platform. Stay up to date with developments in the unlisted market.

Koenigsegg — Upcoming IPO

Chief operating officer and chair Halldora von Koenigsegg confirms that a stock market listing is under consideration, with a time horizon of 2–3 years. No fixed timeline is communicated. The main driver is to enable employee ownership and strengthen recruitment and loyalty among engineers.

Stegra — Billion-krona needs, a secret share issue and a new owner

The capital required to complete the steelworks in Boden is reported to have risen to more than SEK 20 billion — double the 10 billion communicated in November 2025. The Turkish Koç family — Turkey's most powerful industrial group, with operations in the automotive industry, refineries and household appliances — has invested in Stegra and is reported to own around 2 per cent of the capital in the ongoing funding round.

Einride — Analyst and investor day ahead of listing

Einride is holding an analyst and investor day on 19 March 2026 in Austin, Texas — the company's US headquarters. The event is part of the process towards a listing on the US public market in H1 2026, via a SPAC merger with Legato Merger Corp. III (NYSE American: LEGT) at a valuation of USD 1.8 billion.

Epidemic Sound — The founder steps down, record growth confirmed

Founder Oscar Höglund leaves the role of CEO on 11 March 2026 after 18 years and joins the board. CFO Sara Börsvik is appointed acting CEO with immediate effect. Börsvik has five years behind her as CFO of Epidemic Sound and was previously CEO of Bonnierförlagen. A global search for a permanent CEO is being launched. The Financial Times lists Epidemic Sound among Europe's fastest-growing companies for the fifth time, with a CAGR of 33.5 per cent between 2021 and 2024. Net sales amounted to SEK 1,921 million in 2024.

Blykalla — New York, new partnership with NEEXT

Blykalla is opening its first US office at 190 Bowery in New York — the company's first own entity in the US, established as a central hub for commercial operations and strategic partnerships in the North American market. The company is targeting hyperscale data centres and AI infrastructure in need of carbon-free baseload power. The US regulatory climate for advanced nuclear power is highlighted as a key factor. Blykalla is beginning a collaboration with NEEXT, a French engineering company based in Belfort, to optimise the design of the conventional island for SEALER — the company's lead-cooled SMR reactor. NEEXT contributes advanced modelling and analytical tools for cooling plant configurations, for both single reactors and multi-unit set-ups.

Instabee — Budbee expands along Finland's west coast

Budbee, part of Instabee Group, is expanding its delivery network in Finland with several municipalities along the country's west coast, including Oravais, Vörå, Nykarleby, Jakobstad and Karleby. More than 69 million e-commerce parcels were delivered in Finland in 2025. An estimated 15–35 per cent of all parcels need to be redirected to alternative pick-up points when the chosen parcel locker is full.

Candela — Solar-powered charging for electric vessels in the Pacific region

Candela and Singapore-based Canopy Power are signing a letter of intent for a joint offering for renewable charging of electric vessels in the Pacific region. Canopy Power's floating charging stations, powered by Ocean Sun's patented floating solar panel technology, charge Candela's P-12 electric hydrofoil vessels — which fly above the water surface on computer-controlled hydrofoils.

Virtune — 22 crypto ETPs available at Levler

Virtune is beginning a collaboration with the savings app Levler. 22 crypto ETPs are now available on Levler, including Virtune Bitcoin Prime ETP, Staked Ethereum ETP, XRP ETP and Crypto Top 10 Index ETP. Levler's customers can set up monthly savings plans without brokerage fees (courtage) regardless of the amount invested, and make one-off purchases commission-free for amounts over SEK 1,000.

Nicoya — Exit from El Taco Truck

Nicoya announces its exit from the portfolio company El Taco Truck following its acquisition by Kavli Sverige, part of the Norwegian Kavli group.

Quartr — API integration at a global financial analytics firm

Acuity Analytics is integrating the Quartr API into its Agent Fleet platform — an agentic AI system for banks, asset managers and private equity firms. Acuity Knowledge Partners has 7,800 analysts and specialists in 28 countries and serves 850+ client organisations. The integration gives Agent Fleet users access to earnings calls, conferences, capital markets days, general meetings, investor updates and M&A announcements in real time, with automated summaries, sentiment analysis and comparisons across periods and peer groups.

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