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Aerial view of Stockholm with Riddarholmen Island in Sweden. Photo: DeAgostini/Getty Images

Sweden's had a vibrant startup scene for years, but a number of recent large exits have propelled the small Nordic country's industry into a new phase, as VentureBeat's Chris O'Brien has chronicled.

The bottom line: Exits like Spotify's $27 billion public listing and iZettle's $2.2 billion sale to PayPal are sure to add fuel to the new wave of investors and entrepreneurs in Sweden, building on the local industry's growth over the las several years.

By the numbers: Sweden produced 263 exits valued at $23.7 billion between 2000 and 2014, according to a study by Swedish venture capital firm Creandum.

Go deeper

Updated 13 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat — Study: Trump campaign rallies likely led to over 700 COVID-related deaths.
  2. World: Boris Johnson announces month-long lockdown in England — Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections.
  3. Technology: Fully at-home rapid COVID test to move forward.
  4. States: New York rolls out new testing requirements for visitors.

North Carolina police pepper-spray protesters marching to the polls

Officers in North Carolina used pepper spray on protesters and arrested eight people at a get-out-the-vote rally at Alamance County’s courthouse Saturday during the final day of early voting, the City of Graham Police Department confirmed.

Driving the news: The peaceful "I Am Change" march to the polls was organized by Rev. Greg Drumwright, from the Citadel Church in Greensboro, N.C., and included a minute's silence for George Floyd. Melanie Mitchell told the News & Observer her daughters, age 5 and 11, were among those pepper-sprayed by police soon after.

6 hours ago - Health

Boris Johnson announces month-long COVID-19 lockdown in England

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in England, Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.