Investments abroad · VC firm · United Kingdom
Northzone's investments in Sweden
Northzone, based in the United Kingdom, has backed 22 startups in Sweden in rounds we track, $928M between them, grouped by their main sector.
Funding by segment
- AI$210M5
- IT Services$34M4
- Internet$96M3
- Fintech$507M3
- E-commerce$64M3
- Gaming$5.8M2
- Advertising & Adtech$11M2
Where they are based
- Sweden22$928M
SwedenFounded
2 without a founding year on record.
Total raised
- Under $1M0
- $1M to $10M8
- $10M to $50M10
- $50M to $250M3
- $250M to $1B1
- $1B and over0
Each dot is a startup: the year it was founded across, the total it has raised up (each line is ten times the one below). Pick a segment to pick it out.
20 of 22 startups shown; the rest have no founding year or amount on record.
- 1 to 2
- 3 to 7
- 8 to 24
- 25 to 99
- 100 and more
- Sweden22
Startups by country, 1 country in all.
Segment by segment
AI
5 startups · $210M raised
Tandem HealthTandem Health is a Swedish healthtech company founded in 2023, focused on enhancing clinical efficiency through its AI medical assSweden$150M
FlowerDeveloping knowledge and AI to efficiently deploy electricity flexibilitySweden$23M
SoundtrackSoundtrack, also known as Soundtrack Your Brand, is a leading B2B music streaming service designed for businesses to provide legalSweden$15M
VionlabsVionlabs is a media technology company based in Stockholm, specializing in AI-powered content intelligence and user experience solSweden$14M
BrickantaBrickanta is a Stockholm-based construction technology startup founded in 2025.Sweden$8.0M
IT Services
4 startups · $34M raised
Universal AvenueUniversal Avenue develops a B2B commerce platform that connects sellers, buyers and sales partners to increase sales.Sweden$13M
BloglovinBLOGLOVIN' is the premier destination for readers and publishers to discover and consume their favorite blog content by their mostSweden$11M
AppearAppear is a rapidly growing company that is in innovation and design, offering the newest and coolest products.Sweden$7.3M- WIWiral Internet GroupWiral Internet Group develops and owns web applications and sites such as PriceRunner and TestFreaks.Sweden$3.0M
Internet
3 startups · $96M raised
Fintech
3 startups · $507M raised
E-commerce
3 startups · $64M raised
MatsmartMatsmart sells surplus food and consumer products that would otherwise have been at risk of being thrown away, helping reduce food waste.Sweden$44M
DepictDepict is a Stockholm-based AI-driven merchandising platform founded in 2019.Sweden$17M
NA-KD.comNA-KD.com is a Swedish fashion e-commerce company.Sweden$2.4M
Gaming
2 startups · $5.8M raised
Advertising & Adtech
2 startups · $11M raised
VeloryVelory is an IT Lifecycle Management Platform based in Stockholm, Sweden, founded in 2020.Sweden$7.0M- WWidespaceMobile Widespace is an advertising company that sells ads over mobile devices.Sweden$3.7M
How this map is made. Every startup here has raised money in a round we track that names Northzone as an investor and is based in Sweden. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.
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