Fotboll Sthlm added angel investors in the company.
Fotboll Sthlm, a Stockholm, Sweden-based startup running a sports media business, announced that it secured capital investment in the company.
The funding was provided by Swedish angel investors Tommy Larsson and Peter Condrup through their company Mobill Scandinavia. The money will be used to expand the site's coverage in south of Sweden, and for hiring more journalists.
Fotboll Sthlm, founded in 2018 by sports journalists Mårthen Bergman and Oskar Månsson, is a local popular sports news site covering football clubs AIK, Djurgården and Hammarby.