# Top 50 Startups in Sweden by Funding (2026)

> The 50 best-funded startups in Sweden, ranked by total funding raised: $25B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Northvolt**](https://millionrounds.com/company/northvolt) *Founded* - Sweden **$5.0B** last round Oct 2024
- 2 [**Neko Health** Neko Health is a health-tech company based in Stockholm, Sweden, founded in 2018 by Daniel Ek and Hjalmar Nilsonne.](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. *Founded* 2018 Stockholm, Sweden **$1.7B** last round Sept 2026
- 3 [**Stegra** Stegra operates a steel production plant to accelerate the decarbonization of the steel industry using green energy.](https://millionrounds.com/company/stegra) Stegra operates a steel production plant to accelerate the decarbonization of the steel industry using green energy. *Founded* 2020 Stockholm, Sweden **$1.6B** last round Apr 2026
- 4 [**Klarna**](https://millionrounds.com/company/klarna) *Founded* - Sweden **$1.6B** last round Jun 2022
- 5 [**Lovable** Lovable Labs Incorporated, based in Stockholm, is a full-stack AI development platform focused on making software creation accessible to everyone.](https://millionrounds.com/company/lovable) Lovable Labs Incorporated, based in Stockholm, is a full-stack AI development platform focused on making software creation accessible to everyone. *Founded* 2023 Stockholm, Sweden **$1.4B** last round Aug 2026
- 6 [**Legora** Legora is a legal technology company based in Stockholm, founded in 2023.](https://millionrounds.com/company/legora) Legora is a legal technology company based in Stockholm, founded in 2023. *Founded* 2023 Stockholm, Sweden **$1.3B** last round Oct 2026
- 7 [**Cloover** Cloover provides embedded financial services, software, and energy solutions to facilitate a successful energy transition.](https://millionrounds.com/company/cloover) Cloover provides embedded financial services, software, and energy solutions to facilitate a successful energy transition. *Founded* 2022 Berlin, Sweden **$1.3B** last round Sept 2026
- 8 [**Northvolt AB**](https://millionrounds.com/company/northvolt-ab) *Founded* - Sweden **$1.0B** last round Jun 2019
- 9 [**Samhällsbyggnadsbolaget i Norden AB** SBB is a rental residential property and social development property with construction rights.](https://millionrounds.com/company/samhallsbyggnadsbolaget-i-norden-ab) SBB is a rental residential property and social development property with construction rights. *Founded* 2016 Stockholm, Sweden **$843M** last round Aug 2024
- 10 [**Mynt**](https://millionrounds.com/company/mynt) *Founded* - Sweden **$811M** last round Apr 2025
- 11 [**evroc** evroc is the European Cloud built for AI - delivering a secure, sovereign, and sustainable hyperscale cloud with best-in-class services and developer experience.](https://millionrounds.com/company/evroc) evroc is the European Cloud built for AI - delivering a secure, sovereign, and sustainable hyperscale cloud with best-in-class services and developer experience. *Founded* 2022 Stockholm, Sweden **$766M** last round Mar 2025
- 12 [**EcoDataCenter** EcoDataCenter provides colocation and data center services in Sweden with world-class performance.](https://millionrounds.com/company/ecodatacenter) EcoDataCenter provides colocation and data center services in Sweden with world-class performance. *Founded* 2014 Stockholm, Sweden **$702M** last round Sept 2025
- 13 [**Elvy** Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems.](https://millionrounds.com/company/elvy) Elvy is a Stockholm-based energytech startup founded in 2023, specializing in AI-optimized, subscription-based home energy systems. *Founded* 2023 Stockholm, Sweden **$595M** last round Oct 2026
- 14 [**Ellevio** Ellevio is a Swedish energy provider.](https://millionrounds.com/company/ellevio) Ellevio is a Swedish energy provider. *Founded* 2015 Stockholm, Sweden **$555M** last round May 2025
- 15 [**iZettle** Zettle by PayPal is on a mission to help small businesses succeed in a world of giants.](https://millionrounds.com/company/izettle) Zettle by PayPal is on a mission to help small businesses succeed in a world of giants. *Founded* 2010 Stockholm, Sweden **$391M** last round Dec 2017
- 16 [**Instalco** Instalco is a technical installation group focusing on mid-size projects and service.](https://millionrounds.com/company/instalco) Instalco is a technical installation group focusing on mid-size projects and service. *Founded* 2013 Stockholm, Sweden **$360M** last round Jun 2025
- 17 [**Fever**](https://millionrounds.com/company/fever) *Founded* - Sweden **$359M** last round Sept 2026
- 18 [**Einride** Einride is a freight technology company providing digital, electric, and autonomous shipping.](https://millionrounds.com/company/einride) Einride is a freight technology company providing digital, electric, and autonomous shipping. *Founded* 2016 Stockholm, Sweden **$351M** last round Jun 2026
- 19 [**Juni** Juni is a licensed fintech company based in Gothenburg, Sweden, founded in 2020.](https://millionrounds.com/company/juni) Juni is a licensed fintech company based in Gothenburg, Sweden, founded in 2020. *Founded* 2020 Gothenburg, Sweden **$312M** last round Jun 2022
- 20 [**Kry** Kry is a leading digital healthcare provider based in Sweden, founded in 2015 by Johannes Schildt.](https://millionrounds.com/company/kry) Kry is a leading digital healthcare provider based in Sweden, founded in 2015 by Johannes Schildt. *Founded* 2015 Stockholm, Sweden **$249M** last round Jul 2022
- 21 [**Alligo** Um pequeno escritório que atende grandes projetos.](https://millionrounds.com/company/alligo) Um pequeno escritório que atende grandes projetos. *Founded* 2012 Porto Alegre, Sweden **$226M** last round Sept 2024
- 22 [**Svea Solar** Svea Solar is digitalising energy.](https://millionrounds.com/company/svea-solar) Svea Solar is digitalising energy. *Founded* - Sollentuna, Sweden **$216M** last round Jun 2026
- 23 [**Bjelin Group** Bjelin develops, manufactures, and sells flooring products.](https://millionrounds.com/company/bjelin-group) Bjelin develops, manufactures, and sells flooring products. *Founded* 2007 Helsingborg, Sweden **$205M** last round Jan 2025
- 24 [**Aira**](https://millionrounds.com/company/aira) *Founded* - Sweden **$174M** last round Aug 2025
- 25 [**AONIC** Aonic is a comprehensive drone solutions provider based in Subang Jaya, Selangor, Malaysia.](https://millionrounds.com/company/aonic) Aonic is a comprehensive drone solutions provider based in Subang Jaya, Selangor, Malaysia. *Founded* 2016 Subang Jaya, Sweden **$168M** last round Mar 2026
- 26 [**Bonava** Bonava is a real estate residential developing firm dealing with developing and selling of housing.](https://millionrounds.com/company/bonava) Bonava is a real estate residential developing firm dealing with developing and selling of housing. *Founded* 2016 Stockholm, Sweden **$158M** last round Jun 2026
- 27 [**Tandem Health** Tandem Health is a Swedish healthtech company founded in 2023, focused on enhancing clinical efficiency through its AI medical assistant, known as a clinician c](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 assistant, known as a clinician c *Founded* 2023 Stockholm, Sweden **$150M** last round Nov 2026
- 28 [**VOI Technology** VOI Technology is a micro-mobility company that provides rental electric scooters for last-mile transportation.](https://millionrounds.com/company/voi-technology) VOI Technology is a micro-mobility company that provides rental electric scooters for last-mile transportation. *Founded* 2018 Stockholm, Sweden **$135M** last round Oct 2024
- 29 [**Mathem** MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries.](https://millionrounds.com/company/mathem) MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries. *Founded* 2009 Stockholm, Sweden **$122M** last round Feb 2019
- 30 [**Novedo** Novedo is a group of companies that acquires and develops companies where the entrepreneur both wants to sell his company.](https://millionrounds.com/company/novedo) Novedo is a group of companies that acquires and develops companies where the entrepreneur both wants to sell his company. *Founded* 2021 Stockholm, Sweden **$121M** last round Sept 2024
- 31 [**Snow Software** Snow is changing the way organizations understand and manage technology consumption.](https://millionrounds.com/company/snow-software) Snow is changing the way organizations understand and manage technology consumption. *Founded* 1997 Solna, Sweden **$120M** last round Apr 2017
- 32 [**Neo Technology**](https://millionrounds.com/company/neo-technology) *Founded* 2011 Sweden **$116M** last round Nov 2016
- 33 [**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
- 34 [**Syre** Syre is a textile impact company based in Stockholm, Sweden, launched in 2023.](https://millionrounds.com/company/syre) Syre is a textile impact company based in Stockholm, Sweden, launched in 2023. *Founded* 2023 Stockholm, Sweden **$100M** last round May 2024
- 35 [**Nordic Knots** Nordic Knots is an e-commerce store that offers home decor products such as rugs, flatweave, plush, shaggy, jute, and runners.](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. *Founded* 2016 Stockholm, Sweden **$100M** last round Mar 2026
- 36 [**Hedvig** Hedvig delivers modern storage for any enterprise compute environment running at any scale.](https://millionrounds.com/company/hedvig) Hedvig delivers modern storage for any enterprise compute environment running at any scale. *Founded* 2012 Santa Clara, Sweden **$97M** last round Mar 2023
- 37 [**Swedish Logistic Property** Swedish Logistic Property develops and manages energy-efficient logistics properties in Sweden.](https://millionrounds.com/company/swedish-logistic-property) Swedish Logistic Property develops and manages energy-efficient logistics properties in Sweden. *Founded* - Malmö, Sweden **$90M** last round May 2026
- 38 [**Funnel** Funnel designs and develops software/platforms that help marketers automate their data collection for reporting and analysis.](https://millionrounds.com/company/funnel) Funnel designs and develops software/platforms that help marketers automate their data collection for reporting and analysis. *Founded* 2014 Stockholm, Sweden **$90M** last round Jan 2026
- 39 [**Acast** Acast is an audio-on-demand and podcast platform that hosts, monetizes, and distributes audio content globally.](https://millionrounds.com/company/acast) Acast is an audio-on-demand and podcast platform that hosts, monetizes, and distributes audio content globally. *Founded* 2013 Stockholm, Sweden **$88M** last round Jun 2020
- 40 [**OxThera**](https://millionrounds.com/company/oxthera) *Founded* - Sweden **$87M** last round Nov 2016
- 41 [**Voi**](https://millionrounds.com/company/voi) *Founded* - Sweden **$85M** last round Nov 2019
- 42 [**Tink** Tink is a cloud-based platform providing infrastructure and data products to enable the future of financial services.](https://millionrounds.com/company/tink) Tink is a cloud-based platform providing infrastructure and data products to enable the future of financial services. *Founded* 2012 Stockholm, Sweden **$84M** last round Feb 2019
- 43 [**Anocca** Anocca is a clinical-stage biopharmaceutical company based in Södertälje, Sweden, focused on developing precision T-cell receptor-engineered T cell (TCR-T) ther](https://millionrounds.com/company/anocca) Anocca is a clinical-stage biopharmaceutical company based in Södertälje, Sweden, focused on developing precision T-cell receptor-engineered T cell (TCR-T) ther *Founded* 2014 Södertälje, Sweden **$83M** last round Aug 2025
- 44 [**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
- 45 [**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
- 46 [**Anyfin** Anyfin is a fintech company based in Stockholm, founded in 2017.](https://millionrounds.com/company/anyfin) Anyfin is a fintech company based in Stockholm, founded in 2017. *Founded* 2017 Stockholm, Sweden **$73M** last round Jan 2023
- 47 [**Wint**](https://millionrounds.com/company/wint) *Founded* - Sweden **$71M** last round Sept 2026
- 48 [**Santander Consumer Bank Sweden** Santander Consumer Bank Sweden is a passionate organization that provides great opportunities for advancement.](https://millionrounds.com/company/santander-consumer-bank-sweden) Santander Consumer Bank Sweden is a passionate organization that provides great opportunities for advancement. *Founded* 2014 Stockholm, Sweden **$71M** last round Sept 2022
- 49 [**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
- 50 [**Mentimeter** Mentimeter is a Swedish audience engagement platform founded in 2014 and based in Stockholm.](https://millionrounds.com/company/mentimeter) Mentimeter is a Swedish audience engagement platform founded in 2014 and based in Stockholm. *Founded* 2014 Stockholm, Sweden **$69M** last round Aug 2024

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Every startup we hold in Sweden, ranked by the total it has 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 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 startup lists

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

[*O* *A* *X* **Startups in the United States** 42,176 companies · $870B](https://millionrounds.com/top-lists/startups-united-states)[*SC* *N* *F* **Startups in the United Kingdom** 8,355 companies · $79B](https://millionrounds.com/top-lists/startups-united-kingdom)[*O* *D* *TM* **Startups in San Francisco** 4,251 companies · $350B](https://millionrounds.com/top-lists/startups-san-francisco)[*W* *K* *P* **Startups in New York** 3,729 companies · $67B](https://millionrounds.com/top-lists/startups-new-york)[*F* *IL* *PD* **Startups in London** 3,521 companies · $51B](https://millionrounds.com/top-lists/startups-london)[*MA* *M* *TE* **Startups in France** 3,025 companies · $32B](https://millionrounds.com/top-lists/startups-france)[*C* *H8* *AP* **Startups in Canada** 2,950 companies · $38B](https://millionrounds.com/top-lists/startups-canada)[*B* *D* *AF* **Startups in China** 2,168 companies · $163B](https://millionrounds.com/top-lists/startups-china)

## More lists for Sweden

[See all](https://millionrounds.com/top-lists?r=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)[*E* *E* *NT* **Big Data & Analytics startups in Sweden** 36 companies · $2.0B](https://millionrounds.com/top-lists/big-data-startups-sweden)