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The Full List of 9 Unicorn Startups in Stockholm (2026)

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Stockholm is home to nine unicorn startups, with a strong focus on clean energy and artificial intelligence.

Battery manufacturer Northvolt leads the group with a $12B valuation. Meanwhile, newer AI companies like Lovable and Legora quickly reached $2B valuations after being founded in 2023.

Below is the full list of 9 Stockholm unicorn startups at this time.

Top 9 Most Valuable Stockholm Unicorns

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Northvolt builds sustainable lithium-ion batteries for the automotive industry, industrial systems, and grid-scale energy storage. They are pioneering a new approach to battery manufacturing with a strong focus on recycling and a minimal carbon footprint.

Valuation$12B
Year Founded2016
FoundersHarald Mix, Nikolai V Gourine, Paolo Cerruti, Peter Carlsson
Funding Amount$13.8B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsBlackRock, European Investment Bank, Bpifrance, BNP Paribas, Goldman Sachs

Lovable has created an AI platform that helps teams build software products without needing to be expert developers. It works by translating product requirements into functional code, which significantly shortens development cycles.

Valuation$2B (Joined July 2025)
Year Founded2023
FoundersAnton Osika, Fabian Hedin
Funding Amount$222.5M
Company SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsAccel, Antler, QuantumLight, Creandum, The Twenty Minute VC

Legora provides lawyers with a collaborative AI assistant for reviewing documents, conducting research, and drafting legal materials. Their platform is designed to augment legal teams, helping them handle complex cases with greater speed and efficiency.

Valuation$2B
Year Founded2023
FoundersAugust Erséus, Max Junestrand, Sigge Labor
Funding Amount$266M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsGeneral Catalyst, Benchmark, Y Combinator, Bessemer Venture Partners, SV Angel

Neko Health develops advanced body scanning technology for proactive and preventive healthcare. Their system provides a comprehensive health analysis through a quick, non-invasive scan, focusing on the early detection of diseases.

Valuation$2B (Joined January 2025)
Year Founded2018
FoundersDaniel Ek, Hjalmar Nilsonne
Funding Amount$325.1M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsO.G. Venture Partners, Lakestar, Atomico, Lightspeed Venture Partners, General Catalyst

Kry provides a digital healthcare service that allows patients to meet doctors and therapists through video calls. Their platform integrates directly with public and private healthcare providers, giving patients a more convenient way to manage their health.

Valuation$2B (Joined April 2021)
Year Founded2015
FoundersFredrik Jung Abboud, Joachim Hedenius, Johannes Schildt, Josefin Landgård
Funding Amount$729.4M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries D
Top InvestorsAccel, Creandum, Index Ventures, Ontario Teachers' Pension Plan, Fidelity

Epidemic Sound curates a massive catalog of original music, giving online creators a simple way to soundtrack their content. Their subscription service removes the complexities of music licensing, allowing storytellers to find and use high-quality tracks without copyright issues.

Valuation$1.4B (Joined March 2021)
Year Founded2009
FoundersDavid Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström
Funding Amount$508.9M
Company SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsAlecta, Blackstone Group, Creandum, EQT, AMF

Einride provides a freight technology platform that helps shippers switch to digital, electric, and autonomous transportation. Their system coordinates fleets of electric trucks and innovative autonomous "pods" to make shipping more sustainable and cost-effective.

Valuation$1B (Joined December 2021)
Year Founded2016
FoundersFilip Lilja, Linnéa Kornehed, Robert Falck
Funding Amount$752.3M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsPlug and Play, IonQ, Temasek Holdings, EQT Ventures, Northzone

They are building a steel production plant to accelerate the decarbonization of the industry. Their process uses green hydrogen instead of coal, significantly reducing the carbon emissions from traditional steelmaking.

Valuation$1B
Year Founded2020
FoundersCarl-Erik Lagercrantz, Harald Mix
Funding Amount$10.9B
Company SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsSociete Generale, Temasek Holdings, European Investment Bank, BNP Paribas, Just Climate

Polarium builds smart energy storage solutions with lithium-ion technology for the telecommunications industry. They focus on providing reliable backup power and energy optimization, enabling a more sustainable and resilient network infrastructure.

Valuation$1B
Year Founded2015
FoundersStefan Jansson
Funding Amount$322.7M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsVargas Holdings, AMF, Formica Capital, Alecta, RoosGruppen

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