# Early stage investors in Sweden (2026 list)

> 197 early stage investors in Sweden, 91% active in the last 12 months. Led by Y Combinator, Techstars, Andreessen Horowitz. Ranked by what they funded.

Source: https://millionrounds.com/lists/early-stage-investors-in-sweden (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Early stage investors in Sweden

Updated 7 November 2026

Firms we have watched take part in an early stage round raised by a company in Sweden in the last two years, wherever the firm is based.

[See all 197 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fearly-stage-investors-in-sweden)The top 25

**197** investors on the list *+7* this week

**4,940** cheques in 12 months *-14%* against the market

**$5M** median round they joined *-37%* against the market median

**91%** wrote a cheque in 12 months

**50%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 3 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 4 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 5 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 6 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 7 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen
- 8 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen
- 9 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 10 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen
- 11 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen
- 12 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 13 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen
- 14 [SVB Capital](https://millionrounds.com/fund/svb-capital) *Deploying now* VC firm · United States **564** **$20M** median round **Oct 2026** last seen
- 15 [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) *Deploying now* Private equity · United States **551** **$2.9M** median round **Nov 2026** last seen
- 16 [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) *Deploying now* VC firm · United States **524** **$27M** median round **Nov 2026** last seen
- 17 [EISMEA](https://millionrounds.com/fund/eismea) *Deploying now* Investment firm **524** **$2.2M** median round **Sept 2026** last seen
- 18 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen
- 19 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen
- 20 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen
- 21 [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) *Deploying now* VC firm · United Kingdom **355** **$10M** median round **Oct 2026** last seen
- 22 [FundersClub](https://millionrounds.com/fund/fundersclub) *Deploying now* VC firm · United States **348** **$4.8M** median round **Jul 2026** last seen
- 23 [Seed Capital](https://millionrounds.com/fund/seed-capital) *Deploying now* VC firm · Denmark **347** **$4M** median round **Sept 2026** last seen
- 24 [K Fund](https://millionrounds.com/fund/kfund) *Deploying now* VC firm · Spain **340** **$3M** median round **Oct 2026** last seen
- 25 [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) *Deploying now* VC firm · United States **337** **$74M** median round **Oct 2026** last seen

**172 more on this list**

All 197 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fearly-stage-investors-in-sweden)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Vensum Power](https://millionrounds.com/company/vensum-power)** Series A · $10M *Led by* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures)
- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **5** Nov **[Nyquis](https://millionrounds.com/company/nyquis)** Seed · $6.3M *With* [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2)
- **5** Nov **[Granit](https://millionrounds.com/company/granit)** Seed · $6M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp)

## Stages This Year

3,782 rounds

- Venture **20%**
- Seed **20%**
- Series A **17%**
- Pre-seed **13%**
- Series B **8%**
- Other **22%**

## What They Backed

Sectors, last 12 months

- AI **1,698**
- Fintech **241**
- Healthcare **215**
- Biotech **213**
- Big Data & Analytics **199**
- Financial Services **134**

## Cheques by Quarter

Led Joined

1,548 Q1 25

1,431 Q2 25

1,648 Q3 25

1,582 Q4 25

1,541 Q1 26

1,382 Q2 26

1,085 Q3 26

309 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Early stage investors in United States 3,774](https://millionrounds.com/lists/early-stage-investors-in-united-states)
- [Series A investors in United States 2,305](https://millionrounds.com/lists/series-a-investors-in-united-states)
- [Seed investors in United States 2,252](https://millionrounds.com/lists/seed-investors-in-united-states)
- [Series B investors in United States 1,647](https://millionrounds.com/lists/series-b-investors-in-united-states)
- [Growth investors in United States 1,329](https://millionrounds.com/lists/growth-investors-in-united-states)
- [Early stage investors in United Kingdom 1,166](https://millionrounds.com/lists/early-stage-investors-in-united-kingdom)
- [Series C investors in United States 967](https://millionrounds.com/lists/series-c-investors-in-united-states)
- [Pre-seed investors in United States 774](https://millionrounds.com/lists/pre-seed-investors-in-united-states)
- [Seed investors in United Kingdom 692](https://millionrounds.com/lists/seed-investors-in-united-kingdom)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders at seed

- The Elements of User Experience: User-Centered Design for the Web Jesse James Garrett · 2002 4.01 from 4,134 ratings on Goodreads Finding product-market fit Company building About the book Smart organizations recognize that Web design is more than just creating clean code and sharp graphics. A site that really works fulfills your strategic objectives while meeting the needs of your users. Even the best content and the most sophisticated technology won't help you… On AmazonListen on Audible
- Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams Evan Baehr · 2015 4.36 from 356 ratings on Goodreads Raising money Company building About the book HOW DO YOU LAUNCH THE VENTURE OF YOUR DREAMS? Get Backed isn’t just about startup fundraising. It’s a handbook for anyone who has an idea and needs to build relationships to get it off the ground. Over the last 3 years, entrepreneurs Evan Loomis and Evan Baehr have… On AmazonListen on Audible
- Selling the Invisible: A Field Guide to Modern Marketing Harry Beckwith · 1997 3.94 from 10,059 ratings on Goodreads Marketing and growth First sales Company building About the book You can't touch, hear, or see your company's most important products... So how do you sell, develop, make them grow? That's the problem with services. This "phenomenal" book, as one reviewer called it, answers that question with insights on how markets work and how prospects… On AmazonListen on Audible
- 80/20 Sales and Marketing: The Definitive Guide to Working Less and Making More Perry Marshall · 2013 4.19 from 1,904 ratings on Goodreads First sales Marketing and growth Company building About the book Stop "Just Getting By"... Master The 80/20 Principle And Make More Money Without More Work. When you know how to walk into any situation and see the 80/20's, you can solve almost ANY marketing problem. 80/20 can demolish any sales and advertising problem. "If you don't know… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=seed).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about early stage investors in Sweden

### Who are the most active early stage investors in Sweden?

By cheques observed, the most active are Y Combinator, Techstars, Andreessen Horowitz, Plug and Play and General Catalyst.

### How many early stage investors in Sweden are there?

197 are on record. 91% made an investment in the last 12 months and 50% have led a round.

### Which stages do early stage investors in Sweden back?

Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (23%).

### How big are the rounds early stage investors in Sweden join?

The typical (median) round among the leading investors here is $5.5M.

### Which sectors do early stage investors in Sweden back most?

In the last 12 months, mostly AI, Fintech and Healthcare.

### Which early stage investors in Sweden lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and General Catalyst (97 led).

### Where are early stage investors in Sweden based?

Among the most active, most are based in the United States (16), the United Kingdom (4) and European Union (1).

### What have early stage investors in Sweden invested in recently?

Recent rounds include Vensum Power (Series A, Nov 2026, with Lifeline Ventures), Physicl (Seed, Nov 2026, with Inovia Capital) and Ocient (Series C, Nov 2026, with In-Q-Tel).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)