Ecosystem map · Sweden

Sweden startup ecosystem map

516 startups based in Sweden that have raised money in rounds we track, grouped by their main sector. Together they have raised $21B; AI is the biggest sector, with 79 companies.

516startups on the map
12sectors
$21Braised between them
Energymost funded sector

AI

79

+55 more

IT Services

72

+48 more

Biotech

69

+45 more

Fintech

59

+35 more

Healthtech

53

+29 more

Software

31

+7 more

Cleantech

30

+6 more

Big Data & Analytics

30

+6 more

E-commerce

28

+4 more

Consumer Apps

24

Gaming

21

Energy

20

Segment by segment

AI

79 startups · $3.6B raised

  1. LovableLovable Labs Incorporated, based in Stockholm, is a full-stack AI development platform focused on making software creation accessiSweden$1.4B
  2. LegoraLegora is a legal technology company based in Stockholm, founded in 2023.Sweden$1.3B
  3. Tandem HealthTandem Health is a Swedish healthtech company founded in 2023, focused on enhancing clinical efficiency through its AI medical assSweden$150M
  4. EvoluteIQEvoluteIQ is an AI-native technology company based in Stockholm, Sweden, founded in 2019.Sweden$73M
  5. WWintSweden$71M
  6. EndraEndra is an AI-powered platform designed specifically for Mechanical, Electrical, and Plumbing (MEP) designers and engineers.Sweden$70M
  7. SanaSana Benefits is a HealthTech and InsurTech company based in Austin, Texas, founded in 2017.Sweden$59M
  8. HolyvoltHolyvolt is a Swedish deep-tech energy startup founded in 2022, with its headquarters in Stockholm and additional operations in MuSweden$45M

IT Services

72 startups · $369M raised

  1. SyncronSyncron is a global software company based in Stockholm, Sweden, specializing in Aftermarket Service Lifecycle Management (SLM) solutions.Sweden$67M
  2. SpartaSPARTA is a coding education platform.Sweden$42M
  3. BIMobjectWe can’t go on building like we do today.Sweden$27M
  4. Epidemic SoundEpidemic Sound is a global music technology company based in Stockholm, Sweden, founded in 2009.Sweden$25M
  5. StravitoStravito is an AI-powered knowledge management and insights platform based in Stockholm, Sweden.Sweden$21M
  6. Universal AvenueUniversal Avenue develops a B2B commerce platform that connects sellers, buyers and sales partners to increase sales.Sweden$13M
  7. TTactonSweden$12M
  8. BloglovinBLOGLOVIN' is the premier destination for readers and publishers to discover and consume their favorite blog content by their mostSweden$11M

Biotech

69 startups · $1.0B raised

  1. KryKry is a leading digital healthcare provider based in Sweden, founded in 2015 by Johannes Schildt.Sweden$249M
  2. OOxTheraSweden$87M
  3. AnoccaAnocca is a clinical-stage biopharmaceutical company based in Södertälje, Sweden, focused on developing precision T-cell receptor-Sweden$83M
  4. ITBMedA Stockholm, Sweden-based biopharmaceutical company.Sweden$67M
  5. MoleculentMoleculent AB is a Swedish biotechnology company based in Solna, Stockholm.Sweden$46M
  6. SSAGASweden$34M
  7. Natural CyclesNatural Cycles is a digital health company based in Stockholm, founded in 2013 by Dr.Sweden$33M
  8. Asgard TherapeuticsAsgard Therapeutics is a privately held biotech company based in Lund, Sweden, founded in 2018 as a spin-off from Lund University.Sweden$33M

Fintech

59 startups · $3.9B raised

  1. KKlarnaSweden$1.6B
  2. MMyntSweden$811M
  3. iZettleZettle by PayPal is on a mission to help small businesses succeed in a world of giants.Sweden$391M
  4. JuniJuni is a licensed fintech company based in Gothenburg, Sweden, founded in 2020.Sweden$312M
  5. TinkTink is a cloud-based platform providing infrastructure and data products to enable the future of financial services.Sweden$84M
  6. AnyfinAnyfin is a fintech company based in Stockholm, founded in 2017.Sweden$73M
  7. Santander Consumer Bank SwedenSantander Consumer Bank Sweden is a passionate organization that provides great opportunities for advancement.Sweden$71M
  8. TessinTessin is a crowdfunding service for those who want to invest their capital in real estate directly, without intermediaries.Sweden$60M

Healthtech

53 startups · $2.0B raised

  1. Neko HealthNeko Health is a health-tech company based in Stockholm, Sweden, founded in 2018 by Daniel Ek and Hjalmar Nilsonne.Sweden$1.7B
  2. FirstVetFirstVet is a digital veterinary clinic founded in 2016 in Stockholm, Sweden.Sweden$48M
  3. YazenThe data-driven weight loss clinic backed by scienceSweden$29M
  4. Dicot PharmaDicot Pharma, focused on drug discovery and development of a modern potency drug treating erectile dysfunction better than existing drugs.Sweden$22M
  5. OcclutechOcclutech is a hi-tech company developing cardiac occlusion devices and other vascular implants.Sweden$22M
  6. EEntomedEntomedSweden$18M
  7. SyntachSyntach develops a cardiac support device to improve the care of the rapidly-growing number of people with heart failure.Sweden$16M
  8. PharmNovoPharmNovo AB is a clinical-stage pharmaceutical company based in Lund, Sweden, specializing in the development of treatments for nSweden$16M

Software

31 startups · $95M raised

  1. MEMaterial ExchangeThe Manufacturers' Material Marketplace.Sweden$27M
  2. HansoftHansoft is a developer of a tool that helps companies manage their software development projects.Sweden$10M
  3. AloiAloi Private Limited is a fintech and climate finance company based in Kathmandu, Nepal, founded in 2019.Sweden$7.0M
  4. ATAppium TechnologiesAppium is one of the leading vendors of next generation telecommunication application platforms and applications for the converging IT.Sweden$6.0M
  5. InstabridgeInstabridge is a Wi-Fi sharing community and mobile app, particularly popular in Brazil and Mexico.Sweden$4.0M
  6. Smart EyeSmart Eye is a company developing eye tracking systems using multiple cameras to track eye movement and direction in real time.Sweden$3.9M
  7. ZellifyZellify is a software development company based in Stockholm, founded in 2023.Sweden$3.6M
  8. SScapeScape is on a mission to improve access to fresh & healthy food by making it really easy to grow food.Sweden$3.2M

Cleantech

30 startups · $3.2B raised

  1. StegraStegra operates a steel production plant to accelerate the decarbonization of the steel industry using green energy.Sweden$1.6B
  2. EllevioEllevio is a Swedish energy provider.Sweden$555M
  3. FFeverSweden$359M
  4. Svea SolarSvea Solar is digitalising energy.Sweden$216M
  5. AAiraSweden$174M
  6. ModvionModvion develops modular wind power towers in composite materials.Sweden$52M
  7. BlykallaBlykalla is a Swedish deep-tech company founded in 2013, specializing in lead-cooled small modular reactors (SMRs) to provide safeSweden$50M
  8. Sol VoltaicsSol Voltaics AB is a development-stage nanotechnology company based in Lund, Sweden, founded in 2007.Sweden$44M

Big Data & Analytics

30 startups · $352M raised

  1. NTNeo TechnologySweden$116M
  2. PlanhatPlanhat is a customer success platform and CRM solution founded in 2015 in Stockholm, Sweden, by Kaveh Rostampor and Niklas Skog.Sweden$50M
  3. FishBrainFishbrain is a technology and social media company based in Stockholm, Sweden, dedicated to sport fishing enthusiasts.Sweden$24M
  4. KognicKognic provides the most productive annotation platform for autonomy data.Sweden$24M
  5. MapillaryMapillary has built a street-level imagery platform that uses photos which have been uploaded by members of the public.Sweden$17M
  6. ClimateViewClimateView is a Swedish ClimateTech company focused on urban climate action.Sweden$15M
  7. Alva LabsAlva Labs is a Stockholm-based company that offers an AI-driven hiring system designed to enhance recruitment processes.Sweden$13M
  8. PlayReplayPlayReplay is a sports company that provides new era of tennis technology for tennis enthusiasts.Sweden$12M

E-commerce

28 startups · $273M raised

  1. Nordic KnotsNordic Knots is an e-commerce store that offers home decor products such as rugs, flatweave, plush, shaggy, jute, and runners.Sweden$100M
  2. InstabeeInstabee is a Nordic last-mile delivery and logistics company based in Stockholm, Sweden.Sweden$46M
  3. MatsmartMatsmart sells surplus food and consumer products that would otherwise have been at risk of being thrown away, helping reduce food waste.Sweden$44M
  4. inRiverInRiver offers a product information management (PIM) solution that helps businesses to drive online sales.Sweden$25M
  5. DepictDepict is a Stockholm-based AI-driven merchandising platform founded in 2019.Sweden$17M
  6. CentraCentra is a cloud-based commerce platform that specializes in Direct-to-Consumer (DTC) and wholesale e-commerce for fashion and liSweden$5.2M
  7. Brink CommerceBrink Commerce is an enterprise software company based in Stockholm, Sweden, specializing in composable eCommerce solutions.Sweden$5.0M
  8. Kudos LabsKudos Labs is a gaming rewards company based in Stockholm.Sweden$4.2M

Consumer Apps

24 startups · $65M raised

  1. SupporterSupporter is a web-based platform that helps its users support their favorite clubs.Sweden$15M
  2. AccumulateAccumulate is an identity-based blockchain protocol focused on Decentralized Digital Identities.Sweden$12M
  3. ChromaWayChromaWay is a Swedish blockchain technology company founded in 2014 and based in Stockholm.Sweden$10M
  4. GuidePalGuidepal is a technology company based in New York City, specializing in a mobile app platform that connects creators, such as artSweden$5.3M
  5. WoshappWoshapp is a car wash in an app that the customer can use for asking a car washing service on her site.Sweden$3.1M
  6. KnoddKnodd is a Swedish digital child health company based in Gothenburg.Sweden$2.8M
  7. BeeSpeakerBeeSpeaker is an AI-powered mobile language learning app that focuses on enhancing speaking and listening skills.Sweden$2.1M
  8. WhossaWhossa!Sweden$1.7M

Gaming

21 startups · $97M raised

  1. GG:lootSweden$12M
  2. Reactional MusicReactional Music is the revolutionary gesture based instrument.Sweden$10M
  3. GCGaming CorpsSweden$10M
  4. StardollStardoll is a virtual entertainment and social gaming destination for teenagers to express themselves and interact with others.Sweden$10M
  5. Power Challenge SwedenPower Challenge Sweden, an online multi-player sports games provider, develops head-to-head games such as ManagerZone.Sweden$8.0M
  6. Blue Scarab EntertainmentBlue Scarab Entertainment is an independent video game development studio based in Stockholm, founded in 2020 by industry veteransSweden$7.0M
  7. AcroudAcroud owns, operates and develops high-quality comparison sites, mainly in iGaming affiliation.Sweden$6.1M
  8. RFRaw FurySweden$5.5M

Energy

20 startups · $5.8B raised

  1. NNorthvoltSweden$5.0B
  2. ElvyElvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems.Sweden$595M
  3. TavionTavion is a developer of battery energy storage systems (BESS) focused on enhancing Europe’s renewable energy transition.Sweden$47M
  4. AAlightSweden$47M
  5. CorPower OceanCorPower Ocean AB is a Swedish company specializing in wave energy technology, founded in 2009 and headquartered in Stockholm.Sweden$44M
  6. EchandiaThe safest, most advanced heavy-duty energy systems.Sweden$31M
  7. SeaTwirlSeaTwirl is a new ocean based wind power technology developed.Sweden$17M
  8. SunRoofSunRoof International Holding AB is a Swedish-Polish startup founded in 2013, specializing in innovative home electrification solutions.Sweden$15M

How this map is made. Every startup here is based in Sweden and has raised money in rounds we track. Each sits under its main sector, read from its rounds; each sector shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

More market maps

All maps
Market mapMarketing tech market map1,963 startups · 7 segments · $41BMarket mapFintech market map1,633 startups · 8 segments · $139BMarket mapCrypto and Web3 market map1,297 startups · 8 segments · $33BMarket mapFood tech market map1,226 startups · 7 segments · $20BMarket mapEdtech market map1,014 startups · 7 segments · $15BMarket mapGaming market map914 startups · 6 segments · $18B

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