Sweden's startup environment is supported by a strong network of accelerators and incubators. These programs provide essential funding and guidance to early-stage companies across the country. For example, Wellstreet has made around 60 investments and Fast Track Malmo has supported over 50 startups. Walerud Ventures also shows a strong record with 10 exits from its portfolio.

Below is our list of the best 15 accelerators and incubators in Sweden.

Failory's Top 10 Picks

Walerud Ventures provides hands-on support by joining pre-seed and seed stage companies as investors, advisors, and part-time employees. They focus on backing planet-positive deep tech, providing capital and operational expertise to advance sustainable solutions.

Year Founded2002
FoundersJane Walerud, Bengt Walerud, Caroline Walerud
Investment AmountUp to €1M per investment
Nº of Investments25
Nº of Exits10

As both an investment company and a tech hub, Wellstreet builds and accelerates early-stage tech companies for a more sustainable future. They provide capital and resources to entrepreneurs, with a particular focus on digital martech infrastructure, to help them create profitable businesses.

Year Founded2016
FoundersSïmon Saneback, Mikael Wintzell
Nº of Investments60
Nº of Exits7

Fast Track Malmo helps promising teams accelerate their growth and successfully raise their first round of venture capital. The accelerator invests €50k in a select group of 10 startups annually, providing them with crucial early-stage capital and guidance.

Year Founded2015
FoundersJoel Larsson
Nº of Investments56
Nº of Exits4
Duration (Weeks)12

Uppsala Innovation Centre provides crucial business development and support services to help launch and grow startups in the Uppsala region. With a long history of incubating successful companies since 1999, they guide founders through the process of turning innovative ideas into sustainable businesses.

Year Founded1999
Founders
Nº of Investments2
Nº of Exits2

SmiLe Incubator helps life science entrepreneurs turn complex research into commercially viable products. They offer access to advanced laboratories and a specialized network of experts to help startups navigate the path from idea to market.

Year Founded2007
Founders
Nº of Investments20
Nº of Exits1

IKEA Bootcamp offers startups the chance to collaborate directly with the global home furnishing brand on pilot programs aimed at creating a better everyday life. The program focuses on companies in retail, food innovation, and sustainability, providing a unique platform to co-create and test solutions with an industry leader.

Year Founded2017
Founders
Nº of Investments13
Nº of Exits1
Duration (Weeks)12
Nicoya Logo

7. Nicoya

As a business-accelerating investment company, Nicoya champions the next generation of foodtech startups. They provide crucial capital and hands-on support to help innovative food companies scale their operations and impact.

Year Founded2017
Founders
Nº of Investments9
Nº of Exits1

As a venture studio, LEVELS partners with entrepreneurs to build digital businesses from the ground up, acting as a co-founder with a full team of strategists, designers, and developers. They share in both the risk and the reward to launch successful companies, including the popular razor brand Estrid.

Year Founded2016
FoundersHenrik Nordström
Nº of Investments14
Nº of Exits1
Program TypeOn-Site
Duration (Weeks)6

As the venture capital arm of the Stockholm School of Economics, SSE Ventures provides early-stage funding to promising startups emerging from the university's ecosystem. They help founders transform academic-born ideas into viable businesses by providing access to a powerful network of talent, research, and industry connections.

Year Founded2022
Founders
Nº of Investments3
Nº of Exits

Norrsken Accelerator champions early-stage impact startups aiming to solve the world's most significant challenges. The program provides pre-seed funding and dedicated mentorship to help these mission-driven companies grow their solutions.

Year Founded
Founders
Nº of Investments30
Nº of Exits

5 Additional Sweden Accelerators and Incubators Worth Applying To

Our top picks are a great place to start, but the support for founders in Sweden doesn't end there. Many other programs are also funding and guiding new companies.

These groups have collectively backed more than a dozen new ventures. Here’s a look at the rest of the accelerators helping founders in the country.

Accelerator/IncubatorYear FoundedNº InvestmentsNº Exits
Nordea Accelerator logo Nordea Accelerator20163
Chromia Innovation Lab logo Chromia Innovation Lab20189
DevCode Group logo DevCode Group20071
Business Sweden's Catalyst logo Business Sweden's Catalyst20121
Up Strategy Lab logo Up Strategy Lab20181