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Sweden's technology landscape shows a strong concentration in artificial intelligence, with companies applying it across diverse sectors. The ecosystem features both recently founded startups and large, established software enterprises.
Recent examples include AI developer platform Lovable, which raised $222.5M since its 2023 founding. In the mobility sector, freight tech company Einride has attracted $752.3M in total funding.
Below is our list of 100 Sweden startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Lovable provides an AI-powered platform for building software applications without needing extensive coding skills. Their tool uses artificial intelligence to automate complex development, allowing teams to ship products faster.
Tether builds AI software that turns millions of parked electric vehicles into the world's largest distributed battery. Their platform helps stabilize the energy grid by intelligently managing power from EVs, which supports the broader adoption of renewable energy.
IFS builds enterprise software solutions for managing complex operations like asset management, field service, and resource planning. They integrate Industrial AI into their platform to give companies intelligent automation and operational insights.
Legora builds a collaborative AI assistant that empowers lawyers with document review, legal research, and drafting materials. Their platform is designed to automate and accelerate complex tasks, streamlining daily workflows for legal professionals.
Einride builds freight mobility technology that combines digital, electric, and autonomous shipping solutions. Their platform helps companies reduce transport costs and environmental impact by coordinating a fleet of connected vehicles.
Epidemic Sound provides a vast catalog of royalty-free music and sound effects tailored for online creators. Their subscription platform allows YouTubers, podcasters, and businesses to find the perfect audio to soundtrack their content without worrying about licensing.
Flox builds an AI-powered autonomous drone solution to keep wildlife away from farms and critical infrastructure like airports. Their system uses computer vision to detect animals and then ethically deters them with customized sounds and lights.
Sana builds an AI-powered knowledge platform that helps organizations centralize their information. The all-in-one tool allows teams to search, learn, and automate tasks using the company's collective knowledge.
Neko Health provides a preventive healthcare service centered around its advanced, full-body scanning technology. The scans give a comprehensive overview of a person's health, aiming for early detection of diseases and other conditions.
Polar provides a subscription platform for open-source developers to receive funding directly from their backers. Their network helps maintainers earn a sustainable income, allowing them to continue developing the software their communities rely on.
Our top ten picks offer just a glimpse into the country's thriving startup community. Together, these companies have raised tens of billions of dollars, with many focused on important fields like AI and climate tech.
Some are just getting started while others are well on their way, but all are contributing to Sweden's strong startup ecosystem. Here is a look at the other 90 companies on our radar for 2026.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Marketing | 2014 | $133.8M | Series C | |
| Healthcare | 1998 | $792.4M | Debt Financing | |
| Infrastructure | 2018 | $5.1M | Venture Round | |
| Media | 2018 | $595.3M | Debt Financing | |
| Environment | 2022 | $710.5M | Venture Round | |
| Security | 2001 | SEK200M | Venture Round | |
| Enterprise | 2016 | $31.6M | Series B | |
| Fintech | 2019 | $113.3M | Series B | |
| AI | 2016 | $5.3M | Seed | |
| Sports | 2014 | $96.2M | Venture Round | |
| Fintech | 2018 | $146.9M | Corporate Round | |
| Energy | 2020 | $10.9B | Debt Financing | |
| SaaS | 2018 | SEK1.5B | Debt Financing | |
| Infrastructure | 2014 | $1.2B | Debt Financing | |
| Hardware | 2022 | $121.4M | Debt Financing | |
| Fintech | 2020 | $281.9M | Debt Financing | |
| Marketing | 2016 | $7.5M | Venture Round | |
| InsurTech | 2020 | $36.5M | Series B | |
| Hardware | 2017 | $18M | Series A | |
| Fintech | 2020 | $23M | Venture Round | |
| Environment | 2010 | $15.9M | Series A | |
| AI | 2023 | $59.5M | Series A | |
| Enterprise | 1990 | $67M | Private Equity | |
| Hardware | 2016 | $13.8B | Debt Financing | |
| Biotech | 2014 | $156.5M | Venture Round | |
| Manufacturing | 2021 | $4.3M | Seed | |
| Mobility | 2018 | $147.2M | Series B | |
| Energy | 2013 | SEK80M | Grant | |
| Healthcare | 2021 | $2.6M | Pre-Seed | |
| Infrastructure | 2023 | $3M | Pre-Seed | |
| SaaS | 2014 | $1.8M | Seed | |
| Analytics | 2021 | $2.1M | Seed | |
| Energy | 2004 | $73M | Debt Financing | |
| Biotech | 2012 | SEK21M | Venture Round | |
| AI | 2014 | SEK146M | Debt Financing | |
| Fintech | 2019 | $4.1M | Seed | |
| Real Estate | 2003 | — | Private Equity | |
| Marketing | 2013 | $63M | Debt Financing | |
| Infrastructure | 2018 | $41M | Corporate Round | |
| Hardware | 2004 | $28.3M | Private Equity | |
| Gaming | 2021 | $152M | Private Equity | |
| Mobility | 1994 | $200M | Private Equity | |
| Healthcare | 2021 | $25.6M | Series A | |
| SaaS | 2012 | $5.6M | Angel | |
| Media | 2015 | $38.5M | Series C | |
| Cloud | 2005 | $52M | Venture Round | |
| SaaS | 2024 | $1.5M | Pre-Seed | |
| Media | 2020 | SEK1.6B | Debt Financing | |
| Fintech | 2022 | $13M | Undisclosed | |
| Energy | 1919 | $2B | Grant | |
| Analytics | 2015 | $50M | Series A | |
| Mobility | 2010 | $1.4M | Grant | |
| Real Estate | 2021 | $375M | Debt Financing | |
| Biotech | 2017 | SEK388M | Series A | |
| Energy | 2013 | $187.6M | Debt Financing | |
| Retail | 2007 | $49.9M | Venture Round | |
| AI | 2024 | $150k | Angel | |
| Food | 2018 | $64.7M | Debt Financing | |
| Media | 2022 | $2.6M | Seed | |
| Enterprise | 2014 | $111.6M | Secondary Market | |
| Enterprise | 2018 | $42.1M | Debt Financing | |
| Fintech | 2015 | $161.8M | Series B | |
| Hardware | 2017 | $32M | Series B | |
| Food | 2018 | £4.8M | Corporate Round | |
| Biotech | 2009 | $11M | Corporate Round | |
| Marketing | 2003 | SEK500M | Debt Financing | |
| Hardware | 2001 | $50.7M | Venture Round | |
| Biotech | 2004 | SEK90M | Series A | |
| Enterprise | 1996 | $3.1M | Venture Round | |
| AI | 2018 | €15.2M | Seed | |
| Biotech | 2021 | SEK67.9M | Venture Round | |
| Healthcare | 2016 | $12.6M | Convertible Note | |
| Media | 2012 | $20M | Venture Round | |
| Sports | 2015 | €20M | Venture Round | |
| Infrastructure | 2022 | €20M | Series A | |
| Robotics | 2019 | $14.6M | Grant | |
| Fashion | 2014 | €7.5M | Series B | |
| Retail | 2015 | €88.5M | Secondary Market | |
| Enterprise | 2017 | $3.6M | Seed | |
| Hardware | 1941 | — | Undisclosed | |
| Hardware | 2014 | $18.9M | Secondary Market | |
| Food | 2022 | €1M | Seed | |
| Biotech | 2024 | €1.1M | Pre-Seed | |
| Fintech | 2016 | €25.3M | Series B | |
| Cloud | 2018 | $10.5M | Venture Round | |
| Hardware | 2023 | €625k | Venture Round | |
| Design | 2019 | $4.2M | Venture Round | |
| Environment | 2015 | $1.2M | Venture Round | |
| AI | 2013 | $24.6M | Series B | |
| Mobility | 2016 | — | — |
