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Energy startups in Sweden

28 energy startups in Sweden have raised money in rounds we track. These are the 28 that have raised the most, $6.0B between them, with Stockholm the most common home.

$6.0Braised by these 28
28on our record in all
Stockholmmost common home
Northvoltraised the most
  1. 1NorthvoltFounded -Sweden$5.0Blast round Oct 2024
  2. 2ElvyElvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems.

    Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems.

    Founded 2023Stockholm, Sweden$595Mlast round Oct 2026
  3. 3ModvionModvion develops modular wind power towers in composite materials.

    Modvion develops modular wind power towers in composite materials.

    Founded 2015Göteborg, Sweden$52Mlast round Nov 2025
  4. 4TavionTavion is a developer of battery energy storage systems (BESS) focused on enhancing Europe’s renewable energy transition.

    Tavion is a developer of battery energy storage systems (BESS) focused on enhancing Europe’s renewable energy transition.

    Founded -Stockholm, Sweden$47Mlast round Sept 2026
  5. 5AlightFounded 2015Sweden$47Mlast round Feb 2026
  6. 6HolyvoltHolyvolt is a Swedish deep-tech energy startup founded in 2022, with its headquarters in Stockholm and additional operations in Munich, Germany.

    Holyvolt is a Swedish deep-tech energy startup founded in 2022, with its headquarters in Stockholm and additional operations in Munich, Germany.

    Founded 2022Stockholm, Sweden$45Mlast round Oct 2026
  7. 7CorPower OceanCorPower Ocean AB is a Swedish company specializing in wave energy technology, founded in 2009 and headquartered in Stockholm.

    CorPower Ocean AB is a Swedish company specializing in wave energy technology, founded in 2009 and headquartered in Stockholm.

    Founded 2012Hägersten, Sweden$44Mlast round Feb 2025
  8. 8EchandiaThe safest, most advanced heavy-duty energy systems.

    The safest, most advanced heavy-duty energy systems.

    Founded 2006Stockholm, Sweden$31Mlast round Mar 2025
  9. 9SeaTwirlSeaTwirl is a new ocean based wind power technology developed.

    SeaTwirl is a new ocean based wind power technology developed.

    Founded 2012Gothenburg, Sweden$17Mlast round Sept 2025
  10. 10Green VoltisWe help energy companies get more from their batteries.

    We help energy companies get more from their batteries.

    Founded 2024Stockholm, Sweden$15Mlast round Nov 2026
  11. 11SunRoofSunRoof International Holding AB is a Swedish-Polish startup founded in 2013, specializing in innovative home electrification solutions.

    SunRoof International Holding AB is a Swedish-Polish startup founded in 2013, specializing in innovative home electrification solutions.

    Founded 2020Kungaelv, Sweden$15Mlast round Jan 2023
  12. 12SweGaN ABSweGaN AB is a prominent semiconductor manufacturer based in Linköping, Sweden, specializing in custom-engineered Gallium Nitride on Silicon Carbide (GaN-on-SiC

    SweGaN AB is a prominent semiconductor manufacturer based in Linköping, Sweden, specializing in custom-engineered Gallium Nitride on Silicon Carbide (GaN-on-SiC

    Founded 2014Linköping, Sweden$13Mlast round Sept 2024
  13. 13EnerpolyEnerpoly is a next-generation energy storage technology company pioneering the zinc-ion battery chemistry.

    Enerpoly is a next-generation energy storage technology company pioneering the zinc-ion battery chemistry.

    Founded 2018Stockholm, Sweden$8.4Mlast round Dec 2023
  14. 14Metacon ABMetacon AB (publ) is an international energy technology company.

    Metacon AB (publ) is an international energy technology company.

    Founded 2011Sweden$7.9Mlast round Jun 2026
  15. 15Westra MaterialsInternet of things (IoT) comprise electronic devices, such as batteries, displays, solar cells and sensors, and is revolutionizing our society by providing radi

    Internet of things (IoT) comprise electronic devices, such as batteries, displays, solar cells and sensors, and is revolutionizing our society by providing radi

    Founded 2020Norrkoeping, Sweden$7.3M
  16. 16PlexigridPlexigrid is a deep tech scale-up based in Sweden and Spain, founded in 2020.

    Plexigrid is a deep tech scale-up based in Sweden and Spain, founded in 2020.

    Founded 2020Lillhaerdal, Sweden$7.0Mlast round Feb 2024
  17. 17RebabaBuilding second life battery energy storage systems for a greener grid.

    Building second life battery energy storage systems for a greener grid.

    Founded 2023Stockholm, Sweden$4.6Mlast round Sept 2026
  18. 18ClimeonClimeon is a clean-tech vendor that produces heat power systems, converting waste heat, and geothermal heat into clean electricity.

    Climeon is a clean-tech vendor that produces heat power systems, converting waste heat, and geothermal heat into clean electricity.

    Founded 2011Stockholm, Sweden$3.1Mlast round May 2025
  19. 19EngrateEngrate is a Stockholm-based energy-tech company founded in 2024.

    Engrate is a Stockholm-based energy-tech company founded in 2024.

    Founded 2024Danderyd, Sweden$2.9Mlast round Jun 2025
  20. 20Rivus BatteriesRivus Batteries is a Swedish deep-tech company based in Gothenburg, founded in 2019.

    Rivus Batteries is a Swedish deep-tech company based in Gothenburg, founded in 2019.

    Founded 2019Gothenburg, Sweden$2.9Mlast round Jul 2026
  21. 21GREEN14GREEN14 is a Stockholm-based technology startup founded in 2021, focused on the extraction and production of critical raw materials, particularly high-purity si

    GREEN14 is a Stockholm-based technology startup founded in 2021, focused on the extraction and production of critical raw materials, particularly high-purity si

    Founded 2021Stockholm, Sweden$2.1Mlast round Feb 2025
  22. 22Granode MaterialsGranode Materials develops a new method for producing a new graphene-based anode material for lithium-ion batteries.

    Granode Materials develops a new method for producing a new graphene-based anode material for lithium-ion batteries.

    Founded 2021Sundsvall, Sweden$1.3Mlast round Nov 2021
  23. 23ReteinRetein is a Swedish biotechnology and ClimateTech company based in Gothenburg, founded in 2019.

    Retein is a Swedish biotechnology and ClimateTech company based in Gothenburg, founded in 2019.

    Founded 2019Gothenburg, Sweden$1.1Mlast round Apr 2023
  24. 24DREMDREM, or Distributed Renewable Energy Movement, is a leading heat pump installer based in Sweden.

    DREM, or Distributed Renewable Energy Movement, is a leading heat pump installer based in Sweden.

    Founded 2022Stockholm, Sweden$1.0Mlast round Nov 2024
  25. 25NrlyzeNrlyze is a Stockholm-based startup founded in 2020 that offers an AI-driven energy optimization platform aimed at reducing waste in building heating systems fo

    Nrlyze is a Stockholm-based startup founded in 2020 that offers an AI-driven energy optimization platform aimed at reducing waste in building heating systems fo

    Founded 2020Stockholm, Sweden$1.0Mlast round Aug 2025
  26. 26Ligna EnergyLigna Energy is a Swedish green-tech startup founded in 2017, specializing in the development and manufacturing of ultra-thin, bio-based supercapacitors for con

    Ligna Energy is a Swedish green-tech startup founded in 2017, specializing in the development and manufacturing of ultra-thin, bio-based supercapacitors for con

    Founded 2017Norrkoeping, Sweden$920Klast round Sept 2023
  27. 27SINOMSINOM is a Swedish software startup located in Gothenburg, Västra Götaland.

    SINOM is a Swedish software startup located in Gothenburg, Västra Götaland.

    Founded 2020Gothenburg, Sweden$526Klast round Jul 2025
  28. 28BrightecoBrighteco is a Swedish company that specializes in innovative lighting solutions, particularly through a subscription-based model known as "light as a service."

    Brighteco is a Swedish company that specializes in innovative lighting solutions, particularly through a subscription-based model known as "light as a service."

    Founded 2010Gaevle, Sweden$444Klast round Jul 2021
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: Millionrounds

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

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