# Top 24 Deep Tech Startups in Sweden by Funding (2026)

> The 24 best-funded deep tech startups in Sweden, ranked by total funding raised: $526M combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/deep-tech-startups-sweden (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Heart Aerospace** Heart Aerospace is a manufacturer of hybrid-electric regional aircraft, focused on creating sustainable air travel solutions.](https://millionrounds.com/company/heart-aerospace) Heart Aerospace is a manufacturer of hybrid-electric regional aircraft, focused on creating sustainable air travel solutions. *Founded* 2019 Torrance, Sweden **$107M** last round Feb 2024
- 2 [**GLO** GLO is focused on the development and commercialization of advanced LED products using nanotechnology.](https://millionrounds.com/company/glo) GLO is focused on the development and commercialization of advanced LED products using nanotechnology. *Founded* 2003 Sunnyvale, Sweden **$78M** last round Mar 2014
- 3 [**EvoluteIQ** EvoluteIQ is an AI-native technology company based in Stockholm, Sweden, founded in 2019.](https://millionrounds.com/company/evoluteiq) EvoluteIQ is an AI-native technology company based in Stockholm, Sweden, founded in 2019. *Founded* 2019 Stockholm, Sweden **$73M** last round Sept 2025
- 4 [**Endra** Endra is an AI-powered platform designed specifically for Mechanical, Electrical, and Plumbing (MEP) designers and engineers.](https://millionrounds.com/company/endra) Endra is an AI-powered platform designed specifically for Mechanical, Electrical, and Plumbing (MEP) designers and engineers. *Founded* 2024 Stockholm, Sweden **$70M** last round Jun 2026
- 5 [**SWEBAL** Sweden Ballistics AB (SWEBAL) is a Swedish defense startup founded in 2024 and based in Stockholm.](https://millionrounds.com/company/swebal) Sweden Ballistics AB (SWEBAL) is a Swedish defense startup founded in 2024 and based in Stockholm. *Founded* - Stockholm, Sweden **$35M** last round May 2026
- 6 [**Silex Microsystems** Silex Microsystems AB is the world's largest pure-play Micro-Electro-Mechanical Systems (MEMS) foundry, established in 2000 by PhDs from Sweden's Chalmers Unive](https://millionrounds.com/company/silex-microsystems) Silex Microsystems AB is the world's largest pure-play Micro-Electro-Mechanical Systems (MEMS) foundry, established in 2000 by PhDs from Sweden's Chalmers Unive *Founded* 2000 Viksjoe, Sweden **$31M** last round Jul 2008
- 7 [**Pixelgen Technologies** Pixelgen Technologies AB is a biotechnology company based in Stockholm, founded in 2020.](https://millionrounds.com/company/pixelgen-technologies) Pixelgen Technologies AB is a biotechnology company based in Stockholm, founded in 2020. *Founded* 2020 Stockholm, Sweden **$29M** last round Aug 2026
- 8 [**Rerun** Rerun is a technology company based in Stockholm, founded in 2022.](https://millionrounds.com/company/rerun) Rerun is a technology company based in Stockholm, founded in 2022. *Founded* 2022 Lillhaerdal, Sweden **$17M** last round Mar 2025
- 9 [**AlixLabs** AlixLabs is a Swedish deep-tech company specializing in Atomic Layer Etch (ALE) technology for semiconductor manufacturing.](https://millionrounds.com/company/alixlabs) AlixLabs is a Swedish deep-tech company specializing in Atomic Layer Etch (ALE) technology for semiconductor manufacturing. *Founded* 2019 Lund, Sweden **$16M** last round Nov 2025
- 10 [**Jetson Aero** Jetson Aero is to make the skies available for everyone with our safe personal electric aerial vehicle.](https://millionrounds.com/company/jetson-aero) Jetson Aero is to make the skies available for everyone with our safe personal electric aerial vehicle. *Founded* 2017 Stockholm, Sweden **$15M** last round Sept 2023
- 11 [**SweGaN AB** SweGaN AB is a prominent semiconductor manufacturer based in Linköping, Sweden, specializing in custom-engineered Gallium Nitride on Silicon Carbide (GaN-on-SiC](https://millionrounds.com/company/swegan-ab) SweGaN AB is a prominent semiconductor manufacturer based in Linköping, Sweden, specializing in custom-engineered Gallium Nitride on Silicon Carbide (GaN-on-SiC *Founded* 2014 Linköping, Sweden **$13M** last round Sept 2024
- 12 [**Reactional Music** Reactional Music is the revolutionary gesture based instrument.](https://millionrounds.com/company/reactional-music) Reactional Music is the revolutionary gesture based instrument. *Founded* 2012 Stockholm, Sweden **$10M** last round Jun 2026
- 13 [**OlsAro** OlsAro is a Swedish AgTech startup based in Göteborg, founded in December 2013.](https://millionrounds.com/company/olsaro) OlsAro is a Swedish AgTech startup based in Göteborg, founded in December 2013. *Founded* 2013 Gothenburg, Sweden **$8.2M** last round Oct 2026
- 14 [**Cognibotics** Cognibotics specializes in methods and services for high-performing and cost-effective determination of robot properties such as backlash.](https://millionrounds.com/company/cognibotics) Cognibotics specializes in methods and services for high-performing and cost-effective determination of robot properties such as backlash. *Founded* 2013 Lund, Sweden **$6.0M** last round May 2022
- 15 [**Nordic Air Defence** Nordic Air Defence (NAD) is a Swedish defense technology startup based in Stockholm, founded in 2023.](https://millionrounds.com/company/nordic-air-defence) Nordic Air Defence (NAD) is a Swedish defense technology startup based in Stockholm, founded in 2023. *Founded* 2023 Stockholm, Sweden **$5.6M** last round Jul 2025
- 16 [**Signal Processing Devices Sweden** Signal Processing Devices provides signal processing solutions for ADC, and data capture software for ADQ series data acquisition cards.](https://millionrounds.com/company/signal-processing-devices-sweden) Signal Processing Devices provides signal processing solutions for ADC, and data capture software for ADQ series data acquisition cards. *Founded* 2004 Linköping, Sweden **$3.9M** last round Feb 2007
- 17 [**Aligned Bio** Aligned Bio AB is a Swedish deeptech company founded in late 2019, focusing on nanotechnology that combines semiconductor nanowires with life sciences.](https://millionrounds.com/company/aligned-bio) Aligned Bio AB is a Swedish deeptech company founded in late 2019, focusing on nanotechnology that combines semiconductor nanowires with life sciences. *Founded* 2019 Lund, Sweden **$1.8M** last round Nov 2024
- 18 [**Airolit** Airolit is a Swedish aerospace company founded in 2017, based in Mölndal, Västra Götaland.](https://millionrounds.com/company/airolit) Airolit is a Swedish aerospace company founded in 2017, based in Mölndal, Västra Götaland. *Founded* 2017 Moelndal, Sweden **$1.3M** last round Jun 2022
- 19 [**Nanolyze** Nanolyze is a deep-tech startup based in Gothenburg, Sweden, founded in 2020.](https://millionrounds.com/company/nanolyze) Nanolyze is a deep-tech startup based in Gothenburg, Sweden, founded in 2020. *Founded* 2020 Gothenburg, Sweden **$1.3M** last round Jun 2021
- 20 [**NSS Water** NSS Water, founded in 2020 and based in Bengtsfors, Sweden, is a nanotechnology research company focused on innovative water purification technologies.](https://millionrounds.com/company/nss-water) NSS Water, founded in 2020 and based in Bengtsfors, Sweden, is a nanotechnology research company focused on innovative water purification technologies. *Founded* 2020 Bengtsfors, Sweden **$794K** last round Feb 2026
- 21 [**Arkeon Technologies** Arkeon Technologies is a deep-tech startup based in Gothenburg, Sweden, founded in 2025.](https://millionrounds.com/company/arkeon-technologies) Arkeon Technologies is a deep-tech startup based in Gothenburg, Sweden, founded in 2025. *Founded* 2025 Gothenburg, Sweden **$688K** last round Jun 2026
- 22 [**Insplorion** Insplorion develops and commercializes instruments for researchers working with nanomaterials in various areas.](https://millionrounds.com/company/insplorion) Insplorion develops and commercializes instruments for researchers working with nanomaterials in various areas. *Founded* 2010 Göteborg, Sweden **$571K** last round Nov 2010
- 23 [**STILFOLD** STILFOLD offers a sustainable, and resource-efficient design and manufacturing solution for several high-value industries](https://millionrounds.com/company/stilfold) STILFOLD offers a sustainable, and resource-efficient design and manufacturing solution for several high-value industries *Founded* 2019 Stockholm, Sweden **$457K** last round Apr 2024
- 24 [**Optisort** Optisort offers computer vision-based sorting solutions for the recycling industry.](https://millionrounds.com/company/optisort) Optisort offers computer vision-based sorting solutions for the recycling industry. *Founded* 2008 Gothenburg, Sweden **$145K** last round May 2010

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed as any of these sectors, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back deep tech startups in Sweden in the app, with filters, lists and exports.

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

## More deep tech lists

[See all](https://millionrounds.com/top-lists?t=Deep%20tech)

[*S* *W* *T* **Deep tech startups worldwide** 2,050 companies · $187B](https://millionrounds.com/top-lists/deep-tech-startups)[*S* *W* *BO* **Deep tech startups in the United States** 1,000 companies · $156B](https://millionrounds.com/top-lists/deep-tech-startups-united-states)[*NR* *H* *O* **Deep tech startups in Europe** 592 companies · $40B](https://millionrounds.com/top-lists/deep-tech-startups-europe)[*W* *C* *G* **Deep tech startups in Bay Area** 231 companies · $61B](https://millionrounds.com/top-lists/deep-tech-startups-bay-area)[*O* *W* *U* **Deep tech startups in the United Kingdom** 185 companies · $19B](https://millionrounds.com/top-lists/deep-tech-startups-united-kingdom)[*E* *AA* *Q* **Deep tech startups in France** 81 companies · $2.4B](https://millionrounds.com/top-lists/deep-tech-startups-france)[*X* *L* *T* **Deep tech startups in Canada** 69 companies · $2.1B](https://millionrounds.com/top-lists/deep-tech-startups-canada)[*NR* *H* *QS* **Deep tech startups in Germany** 66 companies · $14B](https://millionrounds.com/top-lists/deep-tech-startups-germany)

## More lists for Sweden

[See all](https://millionrounds.com/top-lists?r=Sweden)

[*N* *NH* *S* **Startups in Sweden** 879 companies · $25B](https://millionrounds.com/top-lists/startups-sweden)[*NH* *K* *A* **Health startups in Sweden** 134 companies · $3.3B](https://millionrounds.com/top-lists/health-startups-sweden)[*L* *L* *E* **AI startups in Sweden** 82 companies · $4.7B](https://millionrounds.com/top-lists/ai-startups-sweden)[*NH* *K* *A* **Biotech startups in Sweden** 75 companies · $3.0B](https://millionrounds.com/top-lists/biotech-startups-sweden)[*S* *S* *B* **IT Services startups in Sweden** 72 companies · $361M](https://millionrounds.com/top-lists/it-services-startups-sweden)[*NH* *K* *A* **Healthcare startups in Sweden** 71 companies · $2.9B](https://millionrounds.com/top-lists/healthcare-startups-sweden)[*K* *M* *J* **Financial Services startups in Sweden** 44 companies · $3.2B](https://millionrounds.com/top-lists/financial-services-startups-sweden)[*L* *L* *E* **Software startups in Sweden** 44 companies · $3.6B](https://millionrounds.com/top-lists/software-startups-sweden)