The Full List of 9 Unicorn Startups in Stockholm (2026)
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 ($6.6B) and Legora ($2B) quickly reached billion-dollar 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
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 Founded | 2016 |
| Founders | Harald Mix, Nikolai V Gourine, Paolo Cerruti, Peter Carlsson |
| Funding Amount | $13.8B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | BlackRock, 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 | $6.6B (Joined July 2025) |
| Year Founded | 2023 |
| Founders | Anton Osika, Fabian Hedin |
| Funding Amount | $552.5M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | CapitalG, Menlo Ventures, NVIDIA, Accel, 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 Founded | 2023 |
| Founders | August Erséus, Max Junestrand, Sigge Labor |
| Funding Amount | $266M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | General 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 Founded | 2018 |
| Founders | Daniel Ek, Hjalmar Nilsonne |
| Funding Amount | $325.1M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | O.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 Founded | 2015 |
| Founders | Fredrik Jung Abboud, Joachim Hedenius, Johannes Schildt, Josefin Landgård |
| Funding Amount | $729.4M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | Accel, 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 Founded | 2009 |
| Founders | David Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström |
| Funding Amount | $508.9M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Alecta, 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 Founded | 2016 |
| Founders | Filip Lilja, Linnéa Kornehed, Robert Falck |
| Funding Amount | $752.3M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Plug 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 Founded | 2020 |
| Founders | Carl-Erik Lagercrantz, Harald Mix |
| Funding Amount | $10.9B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Societe 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 Founded | 2015 |
| Founders | Stefan Jansson |
| Funding Amount | $322.7M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Vargas Holdings, AMF, Formica Capital, Alecta, RoosGruppen |
