# Foreign investors in Sweden (2026 list)

> 250 foreign investors in Sweden, 96% active in the last 12 months. Led by Y Combinator, Techstars, Andreessen Horowitz. Ranked by what they funded.

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

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

# Foreign investors in Sweden

Updated 7 November 2026

Firms based outside Sweden that we have watched back a company there in the last two years. Useful when the local market is thin, or when you want a backer who can open doors abroad.

[See all 250 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fforeign-investors-in-sweden)The top 25

**250** investors on the list *+5* this week

**7,694** cheques in 12 months *-11%* against the market

**$14M** median round they joined *+74%* against the market median

**96%** wrote a cheque in 12 months

**64%** 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 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 9 [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
- 10 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen
- 11 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 12 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 13 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen
- 14 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 15 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen
- 16 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen
- 17 [Redpoint](https://millionrounds.com/fund/redpoint) *Deploying now* VC firm · United States **742** **$32M** median round **Nov 2026** last seen
- 18 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 2026** last seen
- 19 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 20 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen
- 21 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **649** **$26M** median round **Nov 2026** last seen
- 22 [Benchmark](https://millionrounds.com/fund/benchmark) *Deploying now* VC firm · United States **587** **$30M** median round **Oct 2026** last seen
- 23 [SVB Capital](https://millionrounds.com/fund/svb-capital) *Deploying now* VC firm · United States **564** **$20M** median round **Oct 2026** last seen
- 24 [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) *Deploying now* VC firm · China **553** **$50M** median round **Nov 2026** last seen
- 25 [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) *Deploying now* Private equity · United States **551** **$2.9M** median round **Nov 2026** last seen

**225 more on this list**

All 250 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%2Fforeign-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)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *With* [Fidelity](https://millionrounds.com/fund/fidelity)
- **5** Nov **[ArrayPatch](https://millionrounds.com/company/arraypatch)** Seed · $1.8M *With* [Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland)

## Stages This Year

5,214 rounds

- Venture **20%**
- Seed **18%**
- Series A **16%**
- Pre-seed **10%**
- Series B **8%**
- Other **27%**

## What They Backed

Sectors, last 12 months

- AI **2,125**
- Biotech **322**
- Fintech **304**
- Healthcare **301**
- Big Data & Analytics **273**
- Energy **241**

## Cheques by Quarter

Led Joined

2,236 Q1 25

2,192 Q2 25

2,373 Q3 25

2,517 Q4 25

2,430 Q1 26

2,094 Q2 26

1,720 Q3 26

475 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Foreign investors in United States 1,267](https://millionrounds.com/lists/foreign-investors-in-united-states)
- [Foreign investors in United Kingdom 1,145](https://millionrounds.com/lists/foreign-investors-in-united-kingdom)
- [Foreign investors in Germany 553](https://millionrounds.com/lists/foreign-investors-in-germany)
- [Foreign investors in Canada 546](https://millionrounds.com/lists/foreign-investors-in-canada)
- [Foreign investors in France 461](https://millionrounds.com/lists/foreign-investors-in-france)
- [Foreign investors in Switzerland 417](https://millionrounds.com/lists/foreign-investors-in-switzerland)
- [Foreign investors in Australia 388](https://millionrounds.com/lists/foreign-investors-in-australia)
- [Foreign investors in Singapore 343](https://millionrounds.com/lists/foreign-investors-in-singapore)
- [Foreign investors in Netherlands 337](https://millionrounds.com/lists/foreign-investors-in-netherlands)

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

## Quick answers about foreign investors in Sweden

### Who are the most active foreign investors in Sweden?

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

### How many foreign investors in Sweden are there?

250 are on record. 96% made an investment in the last 12 months and 64% have led a round.

### Which stages do foreign investors in Sweden back?

Of the rounds with a named stage in the last 12 months, mostly Seed (25%) and Series A (22%).

### How big are the rounds foreign investors in Sweden join?

The typical (median) round among the leading investors here is $26M.

### Which sectors do foreign investors in Sweden back most?

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

### Which foreign investors in Sweden lead the most rounds?

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

### Where are foreign investors in Sweden based?

Most of the leading investors here are based in the United States (20 of the top 25); the rest in the United Kingdom and European Union.

### What have foreign 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)