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The 6 Best Unicorn Startups in Sweden

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Have you ever wondered which private companies in Sweden have the highest valuations?

You’re not alone.

There are lots of unicorn companies there, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 6 Sweden unicorn startups, from highest to lowest valuation.

The 6 Unicorns in Sweden

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2,658 Accelerators & Incubators

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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Klarna

Klarna

Klarna combines the simplicity of shopping with the speed of online payment processing to create a superior experience for your customers.

Details of the startup:

  • Valuation:

    $45.60

    B (

    December 2011

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2005

  • Founders:

    Niklas Adalberth, Sebastian Siemiatkowski, Victor Jacobsson

  • Industries:

    E-Commerce, FinTech, Payments, Shopping

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $3,471.72M

  • Number of funding rounds:

    33

  • Number of investors:

    65

here

Northvolt

Northvolt

Northvolt delivers clean energy by developing and recycling sustainable batteries for renewable power storage.

Details of the startup:

  • Valuation:

    $9.08

    B (

    June 2019

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2016

  • Founders:

    Paolo Cerruti, Peter Carlsson

  • Industries:

    Battery, Clean Energy, CleanTech, Electronics, Manufacturing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $6,162.15M

  • Number of funding rounds:

    9

  • Number of investors:

    47

here

KRY

KRY

Kry helps patients to make active choices about their health in partnership with public and private healthcare professionals.

Details of the startup:

  • Valuation:

    $2.00

    B (

    April 2021

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2014

  • Founders:

    Fredrik Jung Abbou, Joachim Hedenius, Johannes Schildt, Josefin Landgård

  • Industries:

    Consumer, Health Care, Medical, mHealth, Mobile Apps

  • Number of employees:

    500-1,000

  • Funding Amount:

    $570.99M

  • Number of funding rounds:

    6

  • Number of investors:

    8

here

Einride

Einride

Einride is an electric and autonomous freight tech company that designs and develops technologies for transportation systems.

Details of the startup:

  • Valuation:

    $1.44

    B (

    December 2021

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2016

  • Founders:

    Filip Lilja, Linnea Kornehed, Robert Falck

  • Industries:

    Autonomous Vehicles, Electric Vehicle, Logistics, Transportation

  • Number of employees:

    100-250

  • Funding Amount:

    $150.82M

  • Number of funding rounds:

    7

  • Number of investors:

    15

here

Epidemic Sound

Epidemic Sound

EPIDEMIC SOUNDS is a music company that helps online creators and people with passion in music to make their own soundtrack absolutely free.

Details of the startup:

  • Valuation:

    $1.40

    B (

    March 2021

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2009

  • Founders:

    David Stenmarck, Hjalmar Winbladh, Jan Zachrisson, Oscar Höglund, Peer Åström

  • Industries:

    Digital Entertainment, Digital Media, Media and Entertainment, Music, Music Streaming, Video

  • Number of employees:

    250-500

  • Funding Amount:

    $476.14M

  • Number of funding rounds:

    5

  • Number of investors:

    10

here

VOI

VOI

Voi is a micro-mobility startup that provides electric scooters for last-mile transportation.

Details of the startup:

  • Valuation:

    $1.00

    B (

    December 2021

    )

  • Country:

    Sweden

  • City:

    Stockholm

  • Started in:

    2018

  • Founders:

    Adam Jafer, Douglas Stark, Filip Lindvall, Fredrik Hjelm, Johan Pietilä Holmner, Keith Richman

  • Industries:

    Electric Vehicle, Public Transportation, Rental, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    $517.90M

  • Number of funding rounds:

    10

  • Number of investors:

    29

here

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