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.
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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250 Fintech Investors
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Get the Sheet for $50Walerud 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 Founded | 2002 |
| Founders | Jane Walerud, Bengt Walerud, Caroline Walerud |
| Investment Amount | Up to €1M per investment |
| Nº of Investments | 25 |
| Nº of Exits | 10 |
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 Founded | 2016 |
| Founders | Sïmon Saneback, Mikael Wintzell |
| Nº of Investments | 60 |
| Nº of Exits | 7 |
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 Founded | 2015 |
| Founders | Joel Larsson |
| Nº of Investments | 56 |
| Nº of Exits | 4 |
| 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 Founded | 1999 |
| Founders | — |
| Nº of Investments | 2 |
| Nº of Exits | 2 |
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 Founded | 2007 |
| Founders | — |
| Nº of Investments | 20 |
| Nº of Exits | 1 |
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 Founded | 2017 |
| Founders | — |
| Nº of Investments | 13 |
| Nº of Exits | 1 |
| Duration (Weeks) | 12 |
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 Founded | 2017 |
| Founders | — |
| Nº of Investments | 9 |
| Nº of Exits | 1 |
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 Founded | 2016 |
| Founders | Henrik Nordström |
| Nº of Investments | 14 |
| Nº of Exits | 1 |
| Program Type | On-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 Founded | 2022 |
| Founders | — |
| Nº of Investments | 3 |
| 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 Investments | 30 |
| 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.