This week's news from the unlisted shares on Eqvor: Doktor.se reports a strong half-year with SEK 1.5 billion in financing, Sigrid Therapeutics grows sales 53 per cent and gets the SHINE study published, Quartr raises the figure for its funding round to 18 million dollars and Koenigsegg shows the CCGT1 — fully booked before its premiere. Plus Virtune's half-year, Instabee's new business area and two pieces of news from us.
Doktor.se — strong half-year with SEK 1.5 billion in financing
Revenue amounted to 994 MSEK in the first half of the year, up 9 per cent and 7 per cent above the company's own budget. The margin improved despite lower reimbursement for digital care visits, and the vaccination business contributed 36 of the group's 109 MSEK in adjusted EBITDA.
| H1 2026 | H1 2025 | Change | |
|---|---|---|---|
| Adjusted EBITDA | 109 MSEK | 89 MSEK | +22% |
| EBITDA margin | 10.9% | 9.7% | +1.2 pp |
| Vaccination, revenue | 175 MSEK | 99 MSEK | +77% |
| Germany, revenue | 83 MSEK | 57 MSEK | +44% |
The financing agreement with Swedbank covers SEK 1.5 billion, of which 525 MSEK is for refinancing existing debt, 350 MSEK is a revolving credit facility and 625 MSEK is an accordion facility for acquisition-driven growth. Interest costs fall by almost 30 MSEK a year. The company is holding a capital markets day on 13 October.
Source: Doktor.se, CEO's letter to shareholders for the first half of 2026.
Sigrid Therapeutics — sales up 53 per cent and SHINE published
Sales rose 53 per cent in January–June compared with the same period last year, and the monthly average in May and June was 34 per cent above April. Carb Fence was launched in the USA during the period, and the US channels now account for 64 per cent of sales.
| Sales by channel | H1 2026 |
|---|---|
| Direct to consumer, USA | 57% |
| Direct to consumer, Sweden | 21% |
| Wholesale, Sweden | 15% |
| Wholesale, USA | 7% |
The SHINE study was published in the second quarter in eClinicalMedicine, part of The Lancet Discovery Science. The study is randomised, double-blind and placebo-controlled, with 318 participants at 27 clinics in three European countries — the most extensive clinical evaluation of SiPore to date. The technical file of more than 400 documents has been reviewed by the notified body Intertek without any objections of principle in the first round of feedback, and CE marking is expected in February–March 2027.
Source: Sigrid Therapeutics, shareholder report for the first half of 2026.
Quartr — funding round updated to 18 million dollars
Quartr has updated the figure for its funding round: it amounts to 18 million dollars. When we reported on the round on 31 July, the company stated 15 million dollars.
Altos Ventures is leading the round with SEB Venture Capital as a new investor, and after the round Altos is Quartr's largest owner. The capital goes to faster product development and continued expansion of company coverage. Net Revenue Retention is around 120 per cent, and more than 800 financial institutions and technology companies use the platform.
Source: Quartr, press release 24 July 2026, updated 11 August 2026.
Virtune — inflows every month, the market turned the result
Inflows were positive in every month of the period, but the change in value of the underlying assets amounted to −1,243 MSEK and pulled assets under management down to SEK 2.24 billion. The company states that the inflows place Virtune among the top six European issuers of crypto ETPs.
| KSEK | H1 2026 | H1 2025 |
|---|---|---|
| Net inflows | 367,426 | 1,389,609 |
| Net sales | 21,376 | 30,178 |
| EBITDA | −10,618 | 5,320 |
| Profit for the period | −10,216 | 4,668 |
| Assets under management, closing | 2,242,711 | 3,140,823 |
The result turned negative after the company's first profitable full year in 2025. CEO Christopher Kock states that Virtune has chosen to keep investing in distribution, market presence, product development and geographical expansion rather than improving the short-term result. After the end of the period, Hyperliquid ETP was listed on Nasdaq Stockholm and Nasdaq Helsinki.
Source: Virtune AB (publ), half-year report for the period 1 January–30 June 2026.
Koenigsegg — CCGT1 in 70 units, all allocated
The CCGT1 was presented in Monterey on 13 August — a tribute to the CCGT, the 2007 GT1 racer that was shelved before it had completed a single race lap after the FIA rewrote the rules. The original, the only one ever built, has now been restored by Koenigsegg Legend Division and is awaiting its debut in the historic GT1 class.
The car is based on the CC850 and delivers 1,280 hp on pump petrol and 1,600 hp on E85, with 800 kg of downforce at 250 km/h. With it come the company's first factory-approved track package and a new body material, Ghost Fibre — a further development of the white fibre shown in the Trevita project in 2009. All 70 units were allocated before the public premiere.
Source: Koenigsegg, press release 13 August 2026.
Instabee — new business area for trade between private individuals
Instabee Group is gathering its C2C operations in a separate strategic business area, on top of existing partnerships and integrations with Tradera, Plick, Vinted, Sellpy and, most recently, Marktplaats in the Netherlands.
The initiative carries new volume on existing infrastructure: more parcels between private individuals use the logistics network more efficiently and drive more visits to the company's locker partners. Chief Growth Officer Joakim Slettengren describes C2C as a natural next step after the partnerships that have already been built.
Source: Instabee Group, press release.
Eqvor — Viktor Sarström takes up the post of CTO
Sarström took up his post on 3 August and joins most recently from Quartr, where he led architecture and back-end work for four years. He has 22 years behind him as a developer and architect and has founded two companies, both of which have been sold — the web and mobile agency We Made You Look and the developer collective Evolve, which was acquired by AFRY in 2020.
He has his own experience of the unlisted market, both as a founder of companies that have changed hands and as a shareholder. As CTO he is responsible for the platform's architecture and development.
Source: Eqvor, press release 10 August 2026.
Eqvor — new episode of Vägen till Exit
The numbers show what has happened. The founder decides what happens next. Helena Timander is co-founder of one of Sweden's leading platforms for leadership training and has interviewed some of the country's most successful CEOs. In episode 13 she offers a framework for assessing what most investors miss — the leadership behind the company.
Available on Spotify, Apple Podcasts and wherever you usually listen to podcasts.
Source: Eqvor.
