# Sweden Startup Ecosystem Map 2026: 516 Startups by Sector

> Map of 516 funded startups in Sweden across 12 sectors, from AI, IT Services and Biotech on: $21B raised. Logos, funding and rounds; updated nightly.

Source: https://millionrounds.com/market-maps/sweden-startup-ecosystem-map (Millionrounds; every figure on the page links to its filing or article)

## AI

79

- [Lovable](https://millionrounds.com/company/lovable)
- [Legora](https://millionrounds.com/company/legora)
- [Tandem Health](https://millionrounds.com/company/tandem-health)
- [EvoluteIQ](https://millionrounds.com/company/evoluteiq)
- [*W* Wint](https://millionrounds.com/company/wint)
- [Endra](https://millionrounds.com/company/endra)
- [Sana](https://millionrounds.com/company/sana)
- [Holyvolt](https://millionrounds.com/company/holyvolt)
- [*P* Peltarion](https://millionrounds.com/company/peltarion)
- [Validio](https://millionrounds.com/company/validio)
- [Flower](https://millionrounds.com/company/flower)
- [Accedo](https://millionrounds.com/company/accedo)
- [Rerun](https://millionrounds.com/company/rerun)
- [eComID](https://millionrounds.com/company/ecomid)
- [IPercept](https://millionrounds.com/company/ipercept)
- [Pit](https://millionrounds.com/company/pit)
- [Artificial Solutions](https://millionrounds.com/company/artificial-solutions)
- [Green Voltis](https://millionrounds.com/company/green-voltis)
- [Soundtrack](https://millionrounds.com/company/soundtrack)
- [Lightbringer](https://millionrounds.com/company/lightbringer)
- [Vionlabs](https://millionrounds.com/company/vionlabs)
- [H100 Group](https://millionrounds.com/company/h100-group)
- [Supernormal](https://millionrounds.com/company/supernormal)
- [OlsAro](https://millionrounds.com/company/olsaro)

+55 more

## IT Services

72

- [Syncron](https://millionrounds.com/company/syncron)
- [Sparta](https://millionrounds.com/company/sparta)
- [BIMobject](https://millionrounds.com/company/bimobject)
- [Epidemic Sound](https://millionrounds.com/company/epidemic-sound)
- [Stravito](https://millionrounds.com/company/stravito)
- [Universal Avenue](https://millionrounds.com/company/universal-avenue)
- [*T* Tacton](https://millionrounds.com/company/tacton)
- [Bloglovin](https://millionrounds.com/company/bloglovin)
- [Sellpy](https://millionrounds.com/company/sellpy)
- [Agaton](https://millionrounds.com/company/agaton)
- [TrialBee](https://millionrounds.com/company/trialbee)
- [Appear](https://millionrounds.com/company/appear)
- [Axiomatics](https://millionrounds.com/company/axiomatics)
- [Brainlit](https://millionrounds.com/company/brainlit)
- [*C* Conveneer](https://millionrounds.com/company/conveneer)
- [eBuilder](https://millionrounds.com/company/ebuilder)
- [Zaplox](https://millionrounds.com/company/zaplox)
- [Unomaly](https://millionrounds.com/company/unomaly)
- [Innometrics](https://millionrounds.com/company/innometrics)
- [Intric](https://millionrounds.com/company/intric)
- [Dead Astronauts](https://millionrounds.com/company/dead-astronauts)
- [Loxysoft Group](https://millionrounds.com/company/loxysoft-group)
- [Decuma AB](https://millionrounds.com/company/decuma-ab)
- [Cind](https://millionrounds.com/company/cind)

+48 more

## Biotech

69

- [Kry](https://millionrounds.com/company/kry)
- [*O* OxThera](https://millionrounds.com/company/oxthera)
- [Anocca](https://millionrounds.com/company/anocca)
- [ITBMed](https://millionrounds.com/company/itbmed)
- [Moleculent](https://millionrounds.com/company/moleculent)
- [*S* SAGA](https://millionrounds.com/company/saga)
- [Natural Cycles](https://millionrounds.com/company/natural-cycles)
- [Asgard Therapeutics](https://millionrounds.com/company/asgard-therapeutics)
- [Pixelgen Technologies](https://millionrounds.com/company/pixelgen-technologies)
- [Affibody](https://millionrounds.com/company/affibody)
- [Tribune Therapeutics](https://millionrounds.com/company/tribune-therapeutics)
- [Lifesum](https://millionrounds.com/company/lifesum)
- [Gesynta Pharma AB](https://millionrounds.com/company/gesynta-pharma-ab)
- [*C* Cardoz](https://millionrounds.com/company/cardoz)
- [OssDsign](https://millionrounds.com/company/ossdsign)
- [Oncorena](https://millionrounds.com/company/oncorena)
- [*RP* Resistentia Pharmaceuticals](https://millionrounds.com/company/resistentia-pharmaceuticals)
- [*C* Cellartis](https://millionrounds.com/company/cellartis)
- [LipUm](https://millionrounds.com/company/lipum)
- [CubaseBio](https://millionrounds.com/company/cubasebio)
- [Cinclus Pharma](https://millionrounds.com/company/cinclus-pharma)
- [*A* Amra](https://millionrounds.com/company/amra)
- [Sigrid Therapeutics](https://millionrounds.com/company/sigrid-therapeutics)
- [Denator](https://millionrounds.com/company/denator)

+45 more

## Fintech

59

- [*K* Klarna](https://millionrounds.com/company/klarna)
- [*M* Mynt](https://millionrounds.com/company/mynt)
- [iZettle](https://millionrounds.com/company/izettle)
- [Juni](https://millionrounds.com/company/juni)
- [Tink](https://millionrounds.com/company/tink)
- [Anyfin](https://millionrounds.com/company/anyfin)
- [Santander Consumer Bank Sweden](https://millionrounds.com/company/santander-consumer-bank-sweden)
- [Tessin](https://millionrounds.com/company/tessin)
- [Brite Payments](https://millionrounds.com/company/brite-payments)
- [Qapital](https://millionrounds.com/company/qapital)
- [MAJORITY](https://millionrounds.com/company/majority)
- [Doconomy](https://millionrounds.com/company/doconomy)
- [Lysa](https://millionrounds.com/company/lysa)
- [DBT](https://millionrounds.com/company/dbt)
- [Froda](https://millionrounds.com/company/froda)
- [Mitigram](https://millionrounds.com/company/mitigram)
- [Insurely](https://millionrounds.com/company/insurely)
- [Float](https://millionrounds.com/company/float)
- [Billogram](https://millionrounds.com/company/billogram)
- [*MT* Minna Technologies](https://millionrounds.com/company/minna-technologies)
- [Insurello](https://millionrounds.com/company/insurello)
- [Pactio](https://millionrounds.com/company/pactio)
- [Billhop](https://millionrounds.com/company/billhop)
- [Treyd](https://millionrounds.com/company/treyd)

+35 more

## Healthtech

53

- [Neko Health](https://millionrounds.com/company/neko-health)
- [FirstVet](https://millionrounds.com/company/firstvet)
- [Yazen](https://millionrounds.com/company/yazen)
- [Dicot Pharma](https://millionrounds.com/company/dicot-pharma)
- [Occlutech](https://millionrounds.com/company/occlutech)
- [*E* Entomed](https://millionrounds.com/company/entomed)
- [Syntach](https://millionrounds.com/company/syntach)
- [PharmNovo](https://millionrounds.com/company/pharmnovo)
- [Doctrin](https://millionrounds.com/company/doctrin)
- [*N* NuvoAir](https://millionrounds.com/company/nuvoair)
- [IRLAB Therapeutics](https://millionrounds.com/company/irlab-therapeutics)
- [Min Doktor](https://millionrounds.com/company/min-doktor)
- [Meela](https://millionrounds.com/company/meela)
- [Medoma](https://millionrounds.com/company/medoma)
- [TIRmed Pharma](https://millionrounds.com/company/tirmed-pharma)
- [Acorai](https://millionrounds.com/company/acorai)
- [Werlabs](https://millionrounds.com/company/werlabs)
- [Medius](https://millionrounds.com/company/medius)
- [Corsmed](https://millionrounds.com/company/corsmed)
- [Bemlo](https://millionrounds.com/company/bemlo)
- [MULTI4 MEDICAL](https://millionrounds.com/company/multi4-medical)
- [Oxcia](https://millionrounds.com/company/oxcia)
- [Care to Translate](https://millionrounds.com/company/care-to-translate)
- [Grace Health](https://millionrounds.com/company/grace-health)

+29 more

## Software

31

- [*ME* Material Exchange](https://millionrounds.com/company/material-exchange)
- [Hansoft](https://millionrounds.com/company/hansoft)
- [Aloi](https://millionrounds.com/company/aloi)
- [*AT* Appium Technologies](https://millionrounds.com/company/appium-technologies)
- [Instabridge](https://millionrounds.com/company/instabridge)
- [Smart Eye](https://millionrounds.com/company/smart-eye)
- [Zellify](https://millionrounds.com/company/zellify)
- [*S* Scape](https://millionrounds.com/company/scape)
- [ComActivity](https://millionrounds.com/company/comactivity)
- [Bambuser](https://millionrounds.com/company/bambuser)
- [Leetify](https://millionrounds.com/company/leetify)
- [Lookback](https://millionrounds.com/company/lookback)
- [Goo Technologies](https://millionrounds.com/company/goo-technologies)
- [Oneflow](https://millionrounds.com/company/oneflow)
- [Ripe](https://millionrounds.com/company/ripe)
- [Version Lens](https://millionrounds.com/company/version-lens)
- [Columbitech](https://millionrounds.com/company/columbitech)
- [Looklet](https://millionrounds.com/company/looklet)
- [Cloudfinder](https://millionrounds.com/company/cloudfinder)
- [Gardenize](https://millionrounds.com/company/gardenize)
- [Appland](https://millionrounds.com/company/appland)
- [Univrses](https://millionrounds.com/company/univrses)
- [Kabooza](https://millionrounds.com/company/kabooza)
- [Fortnox](https://millionrounds.com/company/fortnox)

+7 more

## Cleantech

30

- [Stegra](https://millionrounds.com/company/stegra)
- [Ellevio](https://millionrounds.com/company/ellevio)
- [*F* Fever](https://millionrounds.com/company/fever)
- [Svea Solar](https://millionrounds.com/company/svea-solar)
- [*A* Aira](https://millionrounds.com/company/aira)
- [Modvion](https://millionrounds.com/company/modvion)
- [Blykalla](https://millionrounds.com/company/blykalla)
- [Sol Voltaics](https://millionrounds.com/company/sol-voltaics)
- [Baseload Capital](https://millionrounds.com/company/baseload-capital)
- [Yangi](https://millionrounds.com/company/yangi)
- [CemVision](https://millionrounds.com/company/cemvision)
- [*EO* Exeger Operations AB](https://millionrounds.com/company/exeger-operations-ab)
- [re:newcell](https://millionrounds.com/company/re-newcell)
- [Westra Materials](https://millionrounds.com/company/westra-materials)
- [SeaPattern](https://millionrounds.com/company/seapattern)
- [Azelio](https://millionrounds.com/company/azelio)
- [*S* Scypho](https://millionrounds.com/company/scypho)
- [ReCarber](https://millionrounds.com/company/recarber)
- [Rebaba](https://millionrounds.com/company/rebaba)
- [Done](https://millionrounds.com/company/done)
- [Epishine](https://millionrounds.com/company/epishine)
- [Mimbly](https://millionrounds.com/company/mimbly)
- [Katam Technologies](https://millionrounds.com/company/katam-technologies)
- [GREEN14](https://millionrounds.com/company/green14)

+6 more

## Big Data & Analytics

30

- [*NT* Neo Technology](https://millionrounds.com/company/neo-technology)
- [Planhat](https://millionrounds.com/company/planhat)
- [FishBrain](https://millionrounds.com/company/fishbrain)
- [Kognic](https://millionrounds.com/company/kognic)
- [Mapillary](https://millionrounds.com/company/mapillary)
- [ClimateView](https://millionrounds.com/company/climateview)
- [Alva Labs](https://millionrounds.com/company/alva-labs)
- [PlayReplay](https://millionrounds.com/company/playreplay)
- [Single Technologies](https://millionrounds.com/company/single-technologies)
- [Eliq](https://millionrounds.com/company/eliq)
- [*M* Mitrionics](https://millionrounds.com/company/mitrionics)
- [CodeScene](https://millionrounds.com/company/codescene)
- [Hopsworks](https://millionrounds.com/company/hopsworks)
- [All Ears](https://millionrounds.com/company/all-ears)
- [Steep](https://millionrounds.com/company/steep)
- [Arkion](https://millionrounds.com/company/arkion)
- [My Telescope](https://millionrounds.com/company/my-telescope)
- [DBtune](https://millionrounds.com/company/dbtune)
- [Twirl](https://millionrounds.com/company/twirl)
- [Stream Analyze](https://millionrounds.com/company/stream-analyze)
- [Eneryield](https://millionrounds.com/company/eneryield)
- [Photon Sports](https://millionrounds.com/company/photon-sports)
- [Ronja](https://millionrounds.com/company/ronja)
- [*LC* Logical Clocks](https://millionrounds.com/company/logical-clocks)

+6 more

## E-commerce

28

- [Nordic Knots](https://millionrounds.com/company/nordic-knots)
- [Instabee](https://millionrounds.com/company/instabee)
- [Matsmart](https://millionrounds.com/company/matsmart)
- [inRiver](https://millionrounds.com/company/inriver)
- [Depict](https://millionrounds.com/company/depict)
- [Centra](https://millionrounds.com/company/centra)
- [Brink Commerce](https://millionrounds.com/company/brink-commerce)
- [Kudos Labs](https://millionrounds.com/company/kudos-labs)
- [Future Ordering](https://millionrounds.com/company/future-ordering)
- [Fibbl](https://millionrounds.com/company/fibbl)
- [NA-KD.com](https://millionrounds.com/company/na-kd-com)
- [Brantu](https://millionrounds.com/company/brantu)
- [Elevenate](https://millionrounds.com/company/elevenate)
- [Airinum](https://millionrounds.com/company/airinum)
- [Easycom](https://millionrounds.com/company/easycom)
- [Ayd](https://millionrounds.com/company/ayd)
- [LeaseCloud](https://millionrounds.com/company/leasecloud)
- [Northfork](https://millionrounds.com/company/northfork)
- [Skrym](https://millionrounds.com/company/skrym)
- [Invajo](https://millionrounds.com/company/invajo)
- [SQARP](https://millionrounds.com/company/sqarp)
- [Panprices](https://millionrounds.com/company/panprices)
- [Loop54](https://millionrounds.com/company/loop54)
- [Samtrygg](https://millionrounds.com/company/samtrygg)

+4 more

## Consumer Apps

24

- [Supporter](https://millionrounds.com/company/supporter)
- [Accumulate](https://millionrounds.com/company/accumulate)
- [ChromaWay](https://millionrounds.com/company/chromaway)
- [GuidePal](https://millionrounds.com/company/guidepal)
- [Woshapp](https://millionrounds.com/company/woshapp)
- [Knodd](https://millionrounds.com/company/knodd)
- [BeeSpeaker](https://millionrounds.com/company/beespeaker)
- [Whossa](https://millionrounds.com/company/whossa)
- [Telness](https://millionrounds.com/company/telness)
- [*S* Streamience](https://millionrounds.com/company/streamience)
- [Tilly](https://millionrounds.com/company/tilly)
- [Dexplora](https://millionrounds.com/company/dexplora)
- [Boka.se](https://millionrounds.com/company/boka-se)
- [Airpark](https://millionrounds.com/company/airpark)
- [Scrintal](https://millionrounds.com/company/scrintal)
- [Beetroot](https://millionrounds.com/company/beetroot)
- [MyBeat](https://millionrounds.com/company/mybeat)
- [Songsay](https://millionrounds.com/company/songsay)
- [Rabble](https://millionrounds.com/company/rabble)
- [Favro](https://millionrounds.com/company/favro)
- [Challengize](https://millionrounds.com/company/challengize)
- [RaceOne](https://millionrounds.com/company/raceone)
- [Betalo](https://millionrounds.com/company/betalo)
- [*YY* Yebo!World (Yebo!)](https://millionrounds.com/company/yebo-world-yebo)

## Gaming

21

- [*G* G:loot](https://millionrounds.com/company/g-loot)
- [Reactional Music](https://millionrounds.com/company/reactional-music)
- [*GC* Gaming Corps](https://millionrounds.com/company/gaming-corps)
- [Stardoll](https://millionrounds.com/company/stardoll)
- [Power Challenge Sweden](https://millionrounds.com/company/power-challenge-sweden)
- [Blue Scarab Entertainment](https://millionrounds.com/company/blue-scarab-entertainment)
- [Acroud](https://millionrounds.com/company/acroud)
- [*RF* Raw Fury](https://millionrounds.com/company/raw-fury)
- [Insert Coin](https://millionrounds.com/company/insert-coin)
- [PlayDo](https://millionrounds.com/company/playdo)
- [Strafe](https://millionrounds.com/company/strafe)
- [Hiber](https://millionrounds.com/company/hiber)
- [Mindforce Game Lab](https://millionrounds.com/company/mindforce-game-lab)
- [LootLocker](https://millionrounds.com/company/lootlocker)
- [Zcooly](https://millionrounds.com/company/zcooly)
- [Klang](https://millionrounds.com/company/klang)
- [*Z* Zordix](https://millionrounds.com/company/zordix)
- [Mystic Games](https://millionrounds.com/company/mystic-games)
- [Jumpgate](https://millionrounds.com/company/jumpgate)
- [*LA* Like a Boss Games](https://millionrounds.com/company/like-a-boss-games)
- [Kavalri Games](https://millionrounds.com/company/kavalri-games)

## Energy

20

- [*N* Northvolt](https://millionrounds.com/company/northvolt)
- [Elvy](https://millionrounds.com/company/elvy)
- [Tavion](https://millionrounds.com/company/tavion)
- [*A* Alight](https://millionrounds.com/company/alight)
- [CorPower Ocean](https://millionrounds.com/company/corpower-ocean)
- [Echandia](https://millionrounds.com/company/echandia)
- [SeaTwirl](https://millionrounds.com/company/seatwirl)
- [SunRoof](https://millionrounds.com/company/sunroof)
- [Enerpoly](https://millionrounds.com/company/enerpoly)
- [*MA* Metacon AB](https://millionrounds.com/company/metacon-ab)
- [Plexigrid](https://millionrounds.com/company/plexigrid)
- [Climeon](https://millionrounds.com/company/climeon)
- [Engrate](https://millionrounds.com/company/engrate)
- [Rivus Batteries](https://millionrounds.com/company/rivus-batteries)
- [Granode Materials](https://millionrounds.com/company/granode-materials)
- [Retein](https://millionrounds.com/company/retein)
- [DREM](https://millionrounds.com/company/drem)
- [Ligna Energy](https://millionrounds.com/company/ligna-energy)
- [SINOM](https://millionrounds.com/company/sinom)
- [Brighteco](https://millionrounds.com/company/brighteco)

## Segment by segment

### AI

79 startups · $3.6B raised

- [**Lovable**](https://millionrounds.com/company/lovable) Lovable Labs Incorporated, based in Stockholm, is a full-stack AI development platform focused on making software creation accessi Sweden $1.4B
- [**Legora**](https://millionrounds.com/company/legora) Legora is a legal technology company based in Stockholm, founded in 2023. Sweden $1.3B
- [**Tandem Health**](https://millionrounds.com/company/tandem-health) Tandem Health is a Swedish healthtech company founded in 2023, focused on enhancing clinical efficiency through its AI medical ass Sweden $150M
- [**EvoluteIQ**](https://millionrounds.com/company/evoluteiq) EvoluteIQ is an AI-native technology company based in Stockholm, Sweden, founded in 2019. Sweden $73M
- [*W* **Wint**](https://millionrounds.com/company/wint) Sweden $71M
- [**Endra**](https://millionrounds.com/company/endra) Endra is an AI-powered platform designed specifically for Mechanical, Electrical, and Plumbing (MEP) designers and engineers. Sweden $70M
- [**Sana**](https://millionrounds.com/company/sana) Sana Benefits is a HealthTech and InsurTech company based in Austin, Texas, founded in 2017. Sweden $59M
- [**Holyvolt**](https://millionrounds.com/company/holyvolt) Holyvolt is a Swedish deep-tech energy startup founded in 2022, with its headquarters in Stockholm and additional operations in Mu Sweden $45M

### IT Services

72 startups · $369M raised

- [**Syncron**](https://millionrounds.com/company/syncron) Syncron is a global software company based in Stockholm, Sweden, specializing in Aftermarket Service Lifecycle Management (SLM) solutions. Sweden $67M
- [**Sparta**](https://millionrounds.com/company/sparta) SPARTA is a coding education platform. Sweden $42M
- [**BIMobject**](https://millionrounds.com/company/bimobject) We can’t go on building like we do today. Sweden $27M
- [**Epidemic Sound**](https://millionrounds.com/company/epidemic-sound) Epidemic Sound is a global music technology company based in Stockholm, Sweden, founded in 2009. Sweden $25M
- [**Stravito**](https://millionrounds.com/company/stravito) Stravito is an AI-powered knowledge management and insights platform based in Stockholm, Sweden. Sweden $21M
- [**Universal Avenue**](https://millionrounds.com/company/universal-avenue) Universal Avenue develops a B2B commerce platform that connects sellers, buyers and sales partners to increase sales. Sweden $13M
- [*T* **Tacton**](https://millionrounds.com/company/tacton) Sweden $12M
- [**Bloglovin**](https://millionrounds.com/company/bloglovin) BLOGLOVIN' is the premier destination for readers and publishers to discover and consume their favorite blog content by their most Sweden $11M

### Biotech

69 startups · $1.0B raised

- [**Kry**](https://millionrounds.com/company/kry) Kry is a leading digital healthcare provider based in Sweden, founded in 2015 by Johannes Schildt. Sweden $249M
- [*O* **OxThera**](https://millionrounds.com/company/oxthera) Sweden $87M
- [**Anocca**](https://millionrounds.com/company/anocca) Anocca is a clinical-stage biopharmaceutical company based in Södertälje, Sweden, focused on developing precision T-cell receptor- Sweden $83M
- [**ITBMed**](https://millionrounds.com/company/itbmed) A Stockholm, Sweden-based biopharmaceutical company. Sweden $67M
- [**Moleculent**](https://millionrounds.com/company/moleculent) Moleculent AB is a Swedish biotechnology company based in Solna, Stockholm. Sweden $46M
- [*S* **SAGA**](https://millionrounds.com/company/saga) Sweden $34M
- [**Natural Cycles**](https://millionrounds.com/company/natural-cycles) Natural Cycles is a digital health company based in Stockholm, founded in 2013 by Dr. Sweden $33M
- [**Asgard Therapeutics**](https://millionrounds.com/company/asgard-therapeutics) Asgard 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

- [*K* **Klarna**](https://millionrounds.com/company/klarna) Sweden $1.6B
- [*M* **Mynt**](https://millionrounds.com/company/mynt) Sweden $811M
- [**iZettle**](https://millionrounds.com/company/izettle) Zettle by PayPal is on a mission to help small businesses succeed in a world of giants. Sweden $391M
- [**Juni**](https://millionrounds.com/company/juni) Juni is a licensed fintech company based in Gothenburg, Sweden, founded in 2020. Sweden $312M
- [**Tink**](https://millionrounds.com/company/tink) Tink is a cloud-based platform providing infrastructure and data products to enable the future of financial services. Sweden $84M
- [**Anyfin**](https://millionrounds.com/company/anyfin) Anyfin is a fintech company based in Stockholm, founded in 2017. Sweden $73M
- [**Santander Consumer Bank Sweden**](https://millionrounds.com/company/santander-consumer-bank-sweden) Santander Consumer Bank Sweden is a passionate organization that provides great opportunities for advancement. Sweden $71M
- [**Tessin**](https://millionrounds.com/company/tessin) Tessin 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

- [**Neko Health**](https://millionrounds.com/company/neko-health) Neko Health is a health-tech company based in Stockholm, Sweden, founded in 2018 by Daniel Ek and Hjalmar Nilsonne. Sweden $1.7B
- [**FirstVet**](https://millionrounds.com/company/firstvet) FirstVet is a digital veterinary clinic founded in 2016 in Stockholm, Sweden. Sweden $48M
- [**Yazen**](https://millionrounds.com/company/yazen) The data-driven weight loss clinic backed by science Sweden $29M
- [**Dicot Pharma**](https://millionrounds.com/company/dicot-pharma) Dicot Pharma, focused on drug discovery and development of a modern potency drug treating erectile dysfunction better than existing drugs. Sweden $22M
- [**Occlutech**](https://millionrounds.com/company/occlutech) Occlutech is a hi-tech company developing cardiac occlusion devices and other vascular implants. Sweden $22M
- [*E* **Entomed**](https://millionrounds.com/company/entomed) Entomed Sweden $18M
- [**Syntach**](https://millionrounds.com/company/syntach) Syntach develops a cardiac support device to improve the care of the rapidly-growing number of people with heart failure. Sweden $16M
- [**PharmNovo**](https://millionrounds.com/company/pharmnovo) PharmNovo AB is a clinical-stage pharmaceutical company based in Lund, Sweden, specializing in the development of treatments for n Sweden $16M

### Software

31 startups · $95M raised

- [*ME* **Material Exchange**](https://millionrounds.com/company/material-exchange) The Manufacturers' Material Marketplace. Sweden $27M
- [**Hansoft**](https://millionrounds.com/company/hansoft) Hansoft is a developer of a tool that helps companies manage their software development projects. Sweden $10M
- [**Aloi**](https://millionrounds.com/company/aloi) Aloi Private Limited is a fintech and climate finance company based in Kathmandu, Nepal, founded in 2019. Sweden $7.0M
- [*AT* **Appium Technologies**](https://millionrounds.com/company/appium-technologies) Appium is one of the leading vendors of next generation telecommunication application platforms and applications for the converging IT. Sweden $6.0M
- [**Instabridge**](https://millionrounds.com/company/instabridge) Instabridge is a Wi-Fi sharing community and mobile app, particularly popular in Brazil and Mexico. Sweden $4.0M
- [**Smart Eye**](https://millionrounds.com/company/smart-eye) Smart Eye is a company developing eye tracking systems using multiple cameras to track eye movement and direction in real time. Sweden $3.9M
- [**Zellify**](https://millionrounds.com/company/zellify) Zellify is a software development company based in Stockholm, founded in 2023. Sweden $3.6M
- [*S* **Scape**](https://millionrounds.com/company/scape) Scape 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

- [**Stegra**](https://millionrounds.com/company/stegra) Stegra operates a steel production plant to accelerate the decarbonization of the steel industry using green energy. Sweden $1.6B
- [**Ellevio**](https://millionrounds.com/company/ellevio) Ellevio is a Swedish energy provider. Sweden $555M
- [*F* **Fever**](https://millionrounds.com/company/fever) Sweden $359M
- [**Svea Solar**](https://millionrounds.com/company/svea-solar) Svea Solar is digitalising energy. Sweden $216M
- [*A* **Aira**](https://millionrounds.com/company/aira) Sweden $174M
- [**Modvion**](https://millionrounds.com/company/modvion) Modvion develops modular wind power towers in composite materials. Sweden $52M
- [**Blykalla**](https://millionrounds.com/company/blykalla) Blykalla is a Swedish deep-tech company founded in 2013, specializing in lead-cooled small modular reactors (SMRs) to provide safe Sweden $50M
- [**Sol Voltaics**](https://millionrounds.com/company/sol-voltaics) Sol Voltaics AB is a development-stage nanotechnology company based in Lund, Sweden, founded in 2007. Sweden $44M

### Big Data & Analytics

30 startups · $352M raised

- [*NT* **Neo Technology**](https://millionrounds.com/company/neo-technology) Sweden $116M
- [**Planhat**](https://millionrounds.com/company/planhat) Planhat is a customer success platform and CRM solution founded in 2015 in Stockholm, Sweden, by Kaveh Rostampor and Niklas Skog. Sweden $50M
- [**FishBrain**](https://millionrounds.com/company/fishbrain) Fishbrain is a technology and social media company based in Stockholm, Sweden, dedicated to sport fishing enthusiasts. Sweden $24M
- [**Kognic**](https://millionrounds.com/company/kognic) Kognic provides the most productive annotation platform for autonomy data. Sweden $24M
- [**Mapillary**](https://millionrounds.com/company/mapillary) Mapillary has built a street-level imagery platform that uses photos which have been uploaded by members of the public. Sweden $17M
- [**ClimateView**](https://millionrounds.com/company/climateview) ClimateView is a Swedish ClimateTech company focused on urban climate action. Sweden $15M
- [**Alva Labs**](https://millionrounds.com/company/alva-labs) Alva Labs is a Stockholm-based company that offers an AI-driven hiring system designed to enhance recruitment processes. Sweden $13M
- [**PlayReplay**](https://millionrounds.com/company/playreplay) PlayReplay is a sports company that provides new era of tennis technology for tennis enthusiasts. Sweden $12M

### E-commerce

28 startups · $273M raised

- [**Nordic Knots**](https://millionrounds.com/company/nordic-knots) Nordic Knots is an e-commerce store that offers home decor products such as rugs, flatweave, plush, shaggy, jute, and runners. Sweden $100M
- [**Instabee**](https://millionrounds.com/company/instabee) Instabee is a Nordic last-mile delivery and logistics company based in Stockholm, Sweden. Sweden $46M
- [**Matsmart**](https://millionrounds.com/company/matsmart) Matsmart sells surplus food and consumer products that would otherwise have been at risk of being thrown away, helping reduce food waste. Sweden $44M
- [**inRiver**](https://millionrounds.com/company/inriver) InRiver offers a product information management (PIM) solution that helps businesses to drive online sales. Sweden $25M
- [**Depict**](https://millionrounds.com/company/depict) Depict is a Stockholm-based AI-driven merchandising platform founded in 2019. Sweden $17M
- [**Centra**](https://millionrounds.com/company/centra) Centra is a cloud-based commerce platform that specializes in Direct-to-Consumer (DTC) and wholesale e-commerce for fashion and li Sweden $5.2M
- [**Brink Commerce**](https://millionrounds.com/company/brink-commerce) Brink Commerce is an enterprise software company based in Stockholm, Sweden, specializing in composable eCommerce solutions. Sweden $5.0M
- [**Kudos Labs**](https://millionrounds.com/company/kudos-labs) Kudos Labs is a gaming rewards company based in Stockholm. Sweden $4.2M

### Consumer Apps

24 startups · $65M raised

- [**Supporter**](https://millionrounds.com/company/supporter) Supporter is a web-based platform that helps its users support their favorite clubs. Sweden $15M
- [**Accumulate**](https://millionrounds.com/company/accumulate) Accumulate is an identity-based blockchain protocol focused on Decentralized Digital Identities. Sweden $12M
- [**ChromaWay**](https://millionrounds.com/company/chromaway) ChromaWay is a Swedish blockchain technology company founded in 2014 and based in Stockholm. Sweden $10M
- [**GuidePal**](https://millionrounds.com/company/guidepal) Guidepal is a technology company based in New York City, specializing in a mobile app platform that connects creators, such as art Sweden $5.3M
- [**Woshapp**](https://millionrounds.com/company/woshapp) Woshapp is a car wash in an app that the customer can use for asking a car washing service on her site. Sweden $3.1M
- [**Knodd**](https://millionrounds.com/company/knodd) Knodd is a Swedish digital child health company based in Gothenburg. Sweden $2.8M
- [**BeeSpeaker**](https://millionrounds.com/company/beespeaker) BeeSpeaker is an AI-powered mobile language learning app that focuses on enhancing speaking and listening skills. Sweden $2.1M
- [**Whossa**](https://millionrounds.com/company/whossa) Whossa! Sweden $1.7M

### Gaming

21 startups · $97M raised

- [*G* **G:loot**](https://millionrounds.com/company/g-loot) Sweden $12M
- [**Reactional Music**](https://millionrounds.com/company/reactional-music) Reactional Music is the revolutionary gesture based instrument. Sweden $10M
- [*GC* **Gaming Corps**](https://millionrounds.com/company/gaming-corps) Sweden $10M
- [**Stardoll**](https://millionrounds.com/company/stardoll) Stardoll is a virtual entertainment and social gaming destination for teenagers to express themselves and interact with others. Sweden $10M
- [**Power Challenge Sweden**](https://millionrounds.com/company/power-challenge-sweden) Power Challenge Sweden, an online multi-player sports games provider, develops head-to-head games such as ManagerZone. Sweden $8.0M
- [**Blue Scarab Entertainment**](https://millionrounds.com/company/blue-scarab-entertainment) Blue Scarab Entertainment is an independent video game development studio based in Stockholm, founded in 2020 by industry veterans Sweden $7.0M
- [**Acroud**](https://millionrounds.com/company/acroud) Acroud owns, operates and develops high-quality comparison sites, mainly in iGaming affiliation. Sweden $6.1M
- [*RF* **Raw Fury**](https://millionrounds.com/company/raw-fury) Sweden $5.5M

### Energy

20 startups · $5.8B raised

- [*N* **Northvolt**](https://millionrounds.com/company/northvolt) Sweden $5.0B
- [**Elvy**](https://millionrounds.com/company/elvy) Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems. Sweden $595M
- [**Tavion**](https://millionrounds.com/company/tavion) Tavion is a developer of battery energy storage systems (BESS) focused on enhancing Europe’s renewable energy transition. Sweden $47M
- [*A* **Alight**](https://millionrounds.com/company/alight) Sweden $47M
- [**CorPower Ocean**](https://millionrounds.com/company/corpower-ocean) CorPower Ocean AB is a Swedish company specializing in wave energy technology, founded in 2009 and headquartered in Stockholm. Sweden $44M
- [**Echandia**](https://millionrounds.com/company/echandia) The safest, most advanced heavy-duty energy systems. Sweden $31M
- [**SeaTwirl**](https://millionrounds.com/company/seatwirl) SeaTwirl is a new ocean based wind power technology developed. Sweden $17M
- [**SunRoof**](https://millionrounds.com/company/sunroof) SunRoof 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](https://millionrounds.com/market-maps)

[Market map **Marketing tech market map** 1,963 startups · 7 segments · $41B](https://millionrounds.com/market-maps/marketing-tech-market-map)[Market map **Fintech market map** 1,633 startups · 8 segments · $139B](https://millionrounds.com/market-maps/fintech-market-map)[Market map **Crypto and Web3 market map** 1,297 startups · 8 segments · $33B](https://millionrounds.com/market-maps/crypto-and-web3-market-map)[Market map **Food tech market map** 1,226 startups · 7 segments · $20B](https://millionrounds.com/market-maps/food-tech-market-map)[Market map **Edtech market map** 1,014 startups · 7 segments · $15B](https://millionrounds.com/market-maps/edtech-market-map)[Market map **Gaming market map** 914 startups · 6 segments · $18B](https://millionrounds.com/market-maps/gaming-market-map)

## Who backs sweden startups?

Open any company for its rounds and investors, or search the investors behind these startups in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[Top lists](https://millionrounds.com/top-lists)
