Stockholm's startup ecosystem is defined by a strong focus on artificial intelligence and sustainable technology. The city hosts a mix of new ventures and established companies attracting significant capital.
Freight technology company Einride has raised over $752 million, while Neko Health, cofounded by Spotify's Daniel Ek, is developing preventative healthcare scanning. These companies are part of a larger group of 72 startups shaping the city's future.
Below is our list of 72 Stockholm startups worth keeping an eye on.
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Get the Sheet for $50Lovable is developing an AI-powered platform for building software and applications from the ground up. Their tools interpret natural language instructions to create functional products, allowing users to build without deep coding expertise.
| Year Founded | 2023 |
| Founders | Anton Osika, Fabian Hedin |
| Funding Amount | $222.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Evantic Capital, Accel, Antler, Creandum, The Twenty Minute VC |
Tether builds AI that turns millions of parked electric vehicles into the world’s largest distributed battery. Their platform manages the flow of energy to and from EVs, helping to stabilize the power grid and maximize the use of renewable sources.
| Year Founded | 2022 |
| Founders | Luis Medina Rivas, Martim Perestrelo |
| Funding Amount | $1.5M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Pre-Seed |
| Top Investors | Techstars, K Fund, Draper B1, Enzo Ventures, Inclimo Climate Tech Fund |
Legora builds a collaborative AI platform that helps lawyers review documents, conduct research, and draft legal materials. The system streamlines these complex tasks, allowing legal teams to work together more efficiently within a single intelligent environment.
| Year Founded | 2023 |
| Founders | August Erséus, Max Junestrand, Sigge Labor |
| Funding Amount | $116M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | General Catalyst, Y Combinator, ICONIQ Capital, Benchmark, Redpoint |
Einride has developed a freight technology platform to help companies ship goods using electric and autonomous vehicles. They manage a network of connected trucks to provide a more sustainable and cost-effective alternative to traditional freight.
| Year Founded | 2016 |
| Founders | Filip Lilja, Linnéa Kornehed, Robert Falck |
| Funding Amount | $752.3M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Plug and Play, Temasek Holdings, EQT Ventures, Northzone, IonQ |
Epidemic Sound curates a massive library of royalty-free music and sound effects for content creators. Their subscription platform simplifies music licensing, allowing YouTubers, podcasters, and businesses to soundtrack their projects without copyright complications.
| Year Founded | 2009 |
| Founders | David Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström |
| Funding Amount | $508.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Creandum, EQT, Blackstone Group, AMF, Alecta |
Flox uses generative AI and wildlife science to build autonomous systems that help manage animal populations. Their technology monitors wildlife and proactively steers animals away from human areas, preventing conflicts on farms, airports, and other landscapes.
| Year Founded | 2020 |
| Founders | Sara Nozkova, Tomas Becklin |
| Funding Amount | $2.4M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Grant |
| Top Investors | Almi Invest, Unconventional Ventures, Argand Partners, Sting, European Union |
Sana builds an AI-powered platform that helps organizations manage and share knowledge internally. The all-in-one tool allows teams to build courses, run live training sessions, and search for information across all of their workplace apps.
| Year Founded | 2016 |
| Founders | Joel Hellermark |
| Funding Amount | $137M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Menlo Ventures, New Enterprise Associates, EQT Ventures, Max Ventures, Acequia Capital (AceCap) |
Neko Health has created a preventive health service that uses advanced, non-invasive body scanning technology. Their AI-powered system analyzes the data to provide a comprehensive health overview for early disease detection.
| Year Founded | 2018 |
| Founders | Daniel Ek, Hjalmar Nilsonne |
| Funding Amount | $325.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | General Catalyst, Lightspeed Venture Partners, Lakestar, O.G. Venture Partners, Atomico |
Polar offers a funding platform designed to help open-source creators monetize their projects. Through their network, maintainers can offer premium subscriptions and get paid to solve specific issues for their backers.
| Year Founded | 2022 |
| Founders | Birk Nilson |
| Funding Amount | $10M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Accel, Guillermo Rauch, Anton Osika, Tobias Lütke, Paul Copplestone |
Funnel provides a marketing data hub that automatically collects and organizes information from various advertising and marketing platforms. Their platform helps marketing teams create business-ready data, eliminating the need for manual data wrangling in spreadsheets.
| Year Founded | 2014 |
| Founders | Fredrik Skantze, Per Made |
| Funding Amount | $133.8M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Kreos Capital, Balderton Capital, Oxx, F-Prime, Eight Roads Ventures |
62 Additional Stockholm Startups Worth Following
Our top ten picks are a great starting point, but they only scratch the surface. Companies working on energy and media are especially active, and together these startups have raised tens of billions.
You'll find a mix of brand new companies and more established names. Here are the other companies that make Stockholm's startup scene one to watch.
