Geo map · Region

Where startups in the Nordics are based

2,274 funded startups in the Nordics have raised money in rounds we track, $61B between them. 1,601 of them are placed on the map by their city; Stockholm leads with 378, then Copenhagen with 244.

2,274startups
131cities on the map
$61Braised between them
Stockholmleading city (378)
Seinäjoki: 1 startupsVaasa: 1 startupsYlöjärvi: 1 startupsJärvenpää: 1 startupsESPOO: 1 startupsHyvinkää: 1 startupsVarkaus: 1 startupsSvendborg: 1 startupsHolstebro: 1 startupsEsbjerg: 1 startupsRanders: 1 startupsHelsingor: 1 startupsValby: 1 startupsCharlottenlund: 1 startupsBirkerod: 1 startupsRødovre: 1 startupsVejle: 1 startupsHvidovre: 1 startupsGlostrup: 1 startupsÅrhus: 1 startupsHorsens: 1 startupsViby: 1 startupsRingsted: 1 startupsDrammen: 1 startupsGrimstad: 1 startupsTromso: 1 startupsLillestrom: 1 startupsKristiansund: 1 startupsHamar: 1 startupsOSLO: 1 startupsFredrikstad: 1 startupsAlesund: 1 startupsHorten: 1 startupsHaugesund: 1 startupsHalden: 1 startupsMoss: 1 startupsArendal: 1 startupsTrollhättan: 1 startupsFalun: 1 startupsGaevle: 1 startupsMalmo: 1 startupsTrollhaettan: 1 startupsKarlstad: 1 startupsJonkoping: 1 startupsPiteå: 1 startupsNacka: 1 startupsLuleå: 1 startupsOrebro: 1 startupsVisby: 1 startupsBorås: 1 startupsLinkoping: 1 startupsÄngelholm: 1 startupsUmea: 1 startupsSkelleftea: 1 startupsEnkoeping: 1 startupsJoenkoeping: 1 startupsNorrköping: 1 startupsBromma: 1 startupsGÖTEBORG: 1 startupsVarberg: 1 startupsKungaelv: 1 startupsÖrnsköldsvik: 1 startupsSTOCKHOLM: 1 startupsSödertälje: 1 startupsSollentuna: 1 startupsKopavogur: 2 startupsLappeenranta: 2 startupsKaarina: 2 startupsEsbo: 2 startupsVirum: 2 startupsBirkerød: 2 startupsHørsholm: 2 startupsHorsholm: 2 startupsIndre By: 2 startupsKristiansand: 2 startupsKongsberg: 2 startupsPorsgrunn: 2 startupsAsker: 2 startupsMolde: 2 startupsHalmstad: 2 startupsVäxjö: 2 startupsMoelndal: 2 startupsSkellefteå: 2 startupsVaesteras: 2 startupsLidingoe: 2 startupsSundbyberg: 2 startupsNorrkoeping: 2 startupsDanderyd: 2 startupsReykjavík: 3 startupsTaastrup: 3 startupsSandefjord: 3 startupsSundsvall: 3 startupsSolna: 3 startupsJoensuu: 4 startupsJyväskylä: 4 startupsJyvaeskylae: 4 startupsRoskilde: 4 startupsBallerup: 4 startupsSandnes: 4 startupsVantaa: 5 startupsAalborg: 5 startupsMölndal: 5 startupsHelsingfors: 6 startupsUmeå: 6 startupsKuopio: 7 startupsBergen: 7 startupsKøbenhavn: 8 startupsHelsingborg: 8 startupsTurku: 9 startupsOdense: 9 startupsGöteborg: 9 startupsFrederiksberg: 10 startupsStavanger: 10 startupsLinkoeping: 10 startupsLinköping: 11 startupsMalmö: 15 startupsTrondheim: 18 startupsUppsala: 18 startupsOulu: 19 startupsReykjavik: 24 startupsTampere: 24 startupsMalmoe: 24 startupsKobenhavn: 30 startupsLund: 35 startupsAarhus: 39 startupsEspoo: 54 startupsGothenburg: 59 startupsOslo: 128 startupsHelsinki: 217 startupsCopenhagen: 244 startupsStockholm: 378 startupsStockholmCopenhagenHelsinkiOsloGothenburgTampereReykjavikOulu

Each circle is a city, sized by how many startups are based there. Countries are shaded by their count.

Leading cities

  1. Stockholm378$15B
  2. Copenhagen244$3.5B
  3. Helsinki217$3.7B
  4. Oslo128$2.7B
  5. Gothenburg59$531M
  6. Espoo54$4.6B
  7. Aarhus39$149M
  8. Lund35$221M
  9. Kobenhavn30$314M
  10. Malmoe24$118M
  11. Tampere24$354M
  12. Reykjavik24$665M
  13. Oulu19$125M
  14. Uppsala18$91M
  15. Trondheim18$72M

By country

  1. Sweden879$30B
  2. Denmark554$8.1B
  3. Finland501$15B
  4. Norway295$6.5B
  5. Iceland45$1.1B

Best-funded

  1. NNorthvoltSweden · $5.0B
  2. ICEYEFinland · $3.0B
  3. OOuraFinland · $2.9B
  4. Neko HealthSweden · $1.7B
  5. StegraSweden · $1.6B
  6. KKlarnaSweden · $1.6B
  7. LovableSweden · $1.4B
  8. LegoraSweden · $1.3B
  9. ClooverSweden · $1.3B
  10. NANorthvolt ABSweden · $1.0B
  11. 1X TechnologiesNorway · $1.0B
  12. OHOura Health OyFinland · $875M

How this map is made. Every startup here has raised money in rounds we track. Each is placed at the city we hold for it, matched to that city's position in GeoNames (cities of 15,000 people or more; geonames.org, CC BY 4.0); startups without a city on record count in the totals but not on the map. Rebuilt nightly; updated 15 November 2026.

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