69 Hardware Startups in Sweden to Watch in 2023
Sweden's Hardware sector is booming. This year’s list of the best 69 Sweden Hardware startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.
Last update: September 08, 2023
Featured companies in Company
Featured
Manufacturer of electric commercial trucks.
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Latest Funding
$260 Million
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Employees
501 to 1000
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Investors
Curitas Ventures, Curitas Ventures
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Business Model
B2B
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Industries
Climate Tech & Green Tech, Hardware, Mobility & Transportation, Manufacturing, Supply Chain & Logistics, Electric Vehicles
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Locations
Stockholm
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Contact
•••••@voltatrucks.com
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Featured
Charge Amps is greetech company.
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Latest Funding
$16 Million
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Employees
11 to 50
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Investors
Quinary Investment
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Business Model
B2C
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Industries
Climate Tech & Green Tech, Hardware, Mobility & Transportation, Energy & Nuclear, Manufacturing
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Locations
Stockholm
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Contact
•••••@chargeamps.com
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Featured
App to determine fertility status.
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Latest Funding
$7 Million · Series A
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Employees
51 to 100
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Investors
Samsung Ventures
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Business Model
SAAS
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Industries
Health Tech, Hardware, Fitness, Mobile
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Locations
Stockholm
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Contact
•••••@naturalcycles.com
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Full list of Hardware startups in Sweden
AR/VR games studio and publishing platform.
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Latest Funding
$25 Million · Series C
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Industries
Gaming, Hardware, AR / VR
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Locations
Stockholm
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Employees
101 to 250
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Business Model
B2C
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Investors
MizMaa Ventures, GV, Partech Ventures, Creandum, Bonnier Ventures, Bitkraft Ventures, Sisu Game Ventures
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Contact
•••••@resolutiongames.com
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Developer of wave energy converters (WEC).
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Latest Funding
$11 Million
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Industries
Climate Tech & Green Tech, Hardware, Energy & Nuclear, Service Industry
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B
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Investors
Swedish Energy Agency, SEB Venture Capital, InnoEnergy, Almi Invest
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Contact
•••••@corpowerocean.com
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Greater Than is an AI and insurtech company, providing predictive risk insights, services and apps for car sharing, fleets and new mobility.
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Latest Funding
$16 Million
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Industries
Fintech, Hardware, Wearables
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2C
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Investors
Nidoco
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Contact
•••••@greaterthan.eu
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Pixelgen Technologies develops technologies for biomedical research and diagnostics.
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Latest Funding
$6 Million
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Industries
Health Tech, Hardware, Biotech, Manufacturing
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Locations
Stockholm
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Employees
1 to 10
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Investors
Navigare Ventures
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Contact
•••••@pixelgen.tech
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Crosser designs and develops streaming analytics and integration software for any edge, fog, or cloud.
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Latest Funding
$3.6 Million
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Industries
Hardware, Data and Analytics
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Industrifonden, Spintop Ventures, Almi Invest
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Contact
•••••@crosser.io
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Joint Academy connects patients with licensed physical therapists to deliver online treatments for chronic joint and back pain.
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Industries
Health Tech, Hardware
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Locations
Malmö
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Employees
101 to 250
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Business Model
SAAS
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Investors
Investment AB Kinnevik, Alfvén & Didrikson
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Contact
•••••@jointacademy.com
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Volumental leverages 3D foot scans, retail purchase data, and AI to automate product recommendations and customized product creation.
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Latest Funding
$13 Million
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Industries
Hardware, CPG & Consumer Goods, Fashion, Manufacturing
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Locations
Stockholm
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Employees
101 to 250
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Business Model
B2B, SAAS
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Investors
Forward VC, Walerud Ventures
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Contact
•••••@volumental.com
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Dirac specializes in digital sound optimization solutions.
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Latest Funding
$18 Million
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Industries
Hardware, Media and Entertainement, Manufacturing
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Locations
Uppsala
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Employees
101 to 250
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Business Model
B2B
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Investors
Inbox Capital
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Contact
•••••@dirac.com
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Minut is a Scandinavian startup pioneering a new approach to home security.
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Latest Funding
$14 Million
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Industries
Hardware, Privacy and Security, Manufacturing, Wearables
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Locations
Malmö
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Employees
11 to 50
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Business Model
B2C
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Investors
Karma Venture, Kompas, Verve Ventures, Nordic Makers, Almaz Capital
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Contact
•••••@minut.com
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Mendi is the world’s first brain enhancement device for home use.
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Latest Funding
$4.7 Million
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Industries
Health Tech, Edtech, Hardware, Deep Tech, Robotics, Manufacturing, Wearables
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Almi Invest
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Contact
•••••@mendi.io
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Mindmore Digitalize is a CE-marked medical device for digital cognitive screening.
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Latest Funding
$1.3 Million
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Industries
Health Tech, Edtech, Hardware
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Almi Invest
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Contact
•••••@mindmore.com
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SweGaN's vision is to be a world leading supplier of nitride based HEMT structures.
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Latest Funding
$12 Million
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Industries
Hardware, Manufacturing, Enterprise Software, Service Industry
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Locations
Linköping
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Employees
11 to 50
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Business Model
B2B
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Investors
Atlantic Bridge
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Contact
•••••@swegan.se
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Accedo provides a range of software solutions and services to deliver compelling OTT video experiences across multiple platforms and devices
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Latest Funding
$17 Million
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Industries
Hardware, Media and Entertainement, Video, Communications
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Locations
Stockholm
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Employees
501 to 1000
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Business Model
SAAS
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Contact
•••••@accedo.tv
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Celluminova specializes in the development of new tools for stem cell research, including cancer stem cells.
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Latest Funding
$410 Thousand · Pre Seed
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Industries
Health Tech, Hardware, Biotech, Manufacturing
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@celluminova.se
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Developed a digital service where a small wireless heart monitor reading of the heart's ECG and heart sounds
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Latest Funding
$1.1 Million
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Industries
Health Tech, Hardware, Manufacturing, Wearables
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Locations
Stockholm
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Employees
1 to 10
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Business Model
SAAS
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Contact
•••••@coalalife.com
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Inossia provides a softener to make bone cements better suited to the mechanical properties of osteoporotic bone.
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Latest Funding
$330 Thousand · Pre Seed
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Industries
Health Tech, Hardware, Pharma
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@inossia.com
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Irriot is an IoT automation platform.
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Latest Funding
$610 Thousand · Pre Seed
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Industries
Agritech, Hardware, Manufacturing, Internet of Things, Wearables
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2B, SAAS
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Investors
Curitas Ventures
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Contact
•••••@irriot.com
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Pilloxas smart pillbox and mobile application make it easy to use medicine in a smart and safe way.
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Latest Funding
$1.3 Million
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Industries
Health Tech, Hardware, Biotech, Mobile, Navigation and Mapping, Manufacturing, Wearables
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Bonnier Ventures
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Contact
•••••@pilloxa.com
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Qbtech specializes in ADHD tests, treatment optimization and provides tools and training to clinicians.
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Latest Funding
$15 Million
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Industries
Health Tech, Hardware, Business Intelligence
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, SAAS
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Contact
•••••@qbtech.com
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Stockholm Water Technology develops and designs clean and sustainable water solutions.
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Latest Funding
$1.2 Million · Series A
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Industries
Climate Tech & Green Tech, Health Tech, Hardware, Energy & Nuclear, Manufacturing
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@stockholmwater.com
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Disruptive IoT, cloud & AI technology empowering smart property owners in the digitalization of properties and industrial processes.
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Latest Funding
$3.3 Million · Series A
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Industries
Hardware, AI, Deep Tech, Proptech & Real Estate, Machine Learning, Data and Analytics, Privacy and Security, Navigation and Mapping, Manufacturing, Internet of Things, Developer Tools, Cloud, Wearables
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Locations
Lund
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Employees
11 to 50
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Business Model
B2C
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Investors
Aconterra
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Contact
•••••@sensative.com
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Ingested medical device to lower blood sugar in prediabetics.
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Latest Funding
$1 Million · Seed
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Industries
Health Tech, Hardware, Biotech
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@sigridthx.com
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Vassla is an E-bike company that offers a killer motor, unparalleled range, smart screen, futuristic battery, and comfy suspension.
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Latest Funding
$10 Million
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Industries
Climate Tech & Green Tech, Hardware, Mobility & Transportation, Manufacturing, Productivity Tools, Future of Work, Electric Vehicles
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, SAAS
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Contact
•••••@vassla.com
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Energy savings technology for data centers.
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Latest Funding
$3.4 Million · Seed
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Industries
Hardware
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Locations
Gothenburg
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Employees
11 to 50
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Investors
Industrifonden
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Contact
•••••@zeropoint-tech.com
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Capitainer enables patients to collect their own volume-defined dried blood spot at home.
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Latest Funding
$3.7 Million · Series A
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Industries
Health Tech, Hardware, Manufacturing, Wearables
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2B, B2C
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Contact
•••••@capitainer.se
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SINGLE TECHNOLOGIES develops a new type of (3-D) DNA sequencing system to improve Life.
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Latest Funding
$5.9 Million · Series A
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Industries
Health Tech, Hardware, Biotech, Manufacturing, Genetics
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@singletechnologies.com
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Flow Neuroscience is a healthcare company.
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Latest Funding
$9 Million
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Industries
Health Tech, Hardware, Manufacturing, Wearables
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Locations
Malmö
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Employees
1 to 10
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Business Model
B2B
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Investors
Khosla Ventures
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Contact
•••••@flowneuroscience.com
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ORBITAL SYSTEMS is a Swedish clean-tech company that develops a water recycling technology to be used in domestic appliances.
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Latest Funding
$23 Million
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Industries
Climate Tech & Green Tech, Hardware, Energy & Nuclear, Manufacturing, Wearables
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Locations
Malmö
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Employees
51 to 100
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Business Model
B2B, B2C
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Investors
Formica Capital
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Contact
•••••@orbital-systems.com
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Uniti is an electric city car that aims for holistic sustainability, a futuristic user experience and is developed in an open source manner.
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Latest Funding
$1.5 Million · Seed
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Industries
Climate Tech & Green Tech, Hardware, Mobility & Transportation, Manufacturing, Electric Vehicles
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Locations
Lund
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
ARC Group
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Contact
•••••@uniti.earth
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Xertified is based on a belief that good IoT security is a cornerstone for productive and future-proof networking.
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Latest Funding
$4.3 Million
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Industries
Hardware, Privacy and Security, Manufacturing
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Locations
Uppsala
- Employees
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Business Model
B2B, SAAS
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Investors
Almi Invest
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Contact
•••••@xertified.com
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Care to Translate develops a digital healthcare translation tool
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Latest Funding
$2.8 Million
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Industries
Health Tech, Hardware
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, SAAS
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Contact
•••••@caretotranslate.com
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Imagimob has invented and developed SensorBeat, a technology for real time artificial intelligence on the edge.
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Latest Funding
$1.2 Million · Seed
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Industries
Hardware, AI, Machine Learning, Navigation and Mapping, Internet of Things, Wearables
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@imagimob.com
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Brainlit want to change the way we light up our homes and public spaces
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Latest Funding
$12 Million
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Industries
Hardware, Energy & Nuclear
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Locations
Lund
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@brainlit.se
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Dynamic Code's driving force is to translate the latest research into products that contribute to increased well-being and better health.
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Latest Funding
$6.2 Million
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Industries
Health Tech, Hardware, Biotech, Genetics
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Locations
Linköping
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Employees
1 to 10
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Business Model
B2C
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Contact
•••••@dynamiccode.se
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Eliq is a Swedish tech company that specializes in the analysis and visualization of energy data.
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Latest Funding
$5.9 Million · Series A
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Industries
Hardware, Mobile, Data and Analytics, Energy & Nuclear, Wearables
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Locations
Gothenburg
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Employees
11 to 50
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Business Model
B2C, SAAS
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Contact
•••••@eliq.io
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A Lund, Sweden-based developer of inhalers for drugs that treat conditions such as asthma and COPD.
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Latest Funding
$6.3 Million
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Industries
Health Tech, Hardware, Pharma, Manufacturing, Creative Tools
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Locations
Lund
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Employees
1 to 10
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Business Model
B2B, B2C
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Contact
•••••@iconovo.se
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Intelligent Implants use wireless implantable electronics to stimulate, steer, and monitor bone growth.
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Latest Funding
$8.7 Million
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Industries
Health Tech, Hardware, Manufacturing
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Locations
Gothenburg
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Employees
1 to 10
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Business Model
B2B
-
Contact
•••••@intelligentimplants.co
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The next generation urban breathing mask is now available worldwide. With free shipping.
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Latest Funding
$1 Million
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Industries
Climate Tech & Green Tech, Health Tech, Hardware, Fitness, Ecommerce, Wearables
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2C
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Contact
•••••@airinum.com
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BeammWave provides a single chip for digital beamforming including front-end and antenna arrays for mobile phones and IoT devices.
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Latest Funding
$4 Million
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Industries
Hardware, Manufacturing, Communications, Semiconductor
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Locations
Lund
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Employees
11 to 50
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Business Model
B2B
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Investors
Walerud Ventures, Almi Invest
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Contact
•••••@beammwave.com
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Dropmed is the Nordic medical marketplace, enabling caregivers to purchase from vendors and manufacturers to find distributors
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Latest Funding
$310 Thousand · Pre Seed
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Industries
Health Tech, Hardware, Ecommerce
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2B, SAAS, MARKETPLACE
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Contact
•••••@dropmed.se
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Elly Pistol makes dope designs from inspiration running in our veins.
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Industries
Hardware, CPG & Consumer Goods, Fashion, Manufacturing, Community & Lifestyle, Ecommerce
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2C
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Contact
•••••@ellypistol.com
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Recovery tech massage products
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Latest Funding
$1.6 Million
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Industries
Health Tech, Hardware, Sportstech, Fitness, Manufacturing, Ecommerce
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Locations
Stockholm
- Employees
-
Business Model
B2C
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Contact
•••••@flowlife.com
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Goodsomnia focuses on snoring recording, analyse and treatment. In addition apnea detection, heart health monitoring and analyse.
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Latest Funding
$230 Thousand · Pre Seed
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Industries
Health Tech, Hardware, Mobile, Manufacturing, Wearables
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2C, SAAS
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Contact
•••••@goodsomnia.com
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SaaS, IoT, Healthcare, CpaaS
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Industries
Health Tech, Hardware, Manufacturing, Internet of Things, Communications
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, SAAS
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Contact
•••••@iotcomms.io
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Morjas is created with a desire & commitment to change the luxury shoe industry.
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Latest Funding
$1.4 Million
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Industries
Hardware, CPG & Consumer Goods, Fashion, Ecommerce
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2C
-
Contact
•••••@morjas.com
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Suturion offers a surgical sewing machine that provides a unique technical solution in surgical suturing.
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Latest Funding
$1.4 Million
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Industries
Health Tech, Hardware, Manufacturing
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Locations
Lund
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Employees
1 to 10
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@suturion.com
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Teenage Engineering do final assembly for all products in Sweden.
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Industries
Hardware, Music and Audio, Manufacturing
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Locations
Stockholm
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Employees
11 to 50
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Contact
•••••@teenage.engineering
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Parakey turns your smartphone into a key making it possible to unlock restricted areas by a simple tap on your phone.
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Latest Funding
$2.6 Million
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Industries
Hardware, Mobile, Privacy and Security, Internet of Things
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Locations
Gothenburg
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Employees
1 to 10
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Business Model
B2B
-
Contact
•••••@parakey.co
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Radinn offers wakeboarders, kiteboarders, and surfers with water sport products.
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Latest Funding
$3.4 Million
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Industries
Climate Tech & Green Tech, Hardware, CPG & Consumer Goods, Sportstech, Mobility & Transportation, Manufacturing, Electric Vehicles
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Locations
Lund
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Employees
101 to 250
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Business Model
B2C
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Contact
•••••@radinn.com
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Altered is a developer of water faucet aerator technologies that reduce water consumption.
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Industries
Climate Tech & Green Tech, Hardware, CPG & Consumer Goods, Energy & Nuclear, Productivity Tools, Future of Work
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2C
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Contact
•••••@alteredcompany.com
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The ifoodbag develops an innovative bag made from a composite material that can protect chilled and frozen food as a packaging solution.
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Industries
Foodtech, Hardware, CPG & Consumer Goods, Manufacturing, Supply Chain & Logistics
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@ifoodbag.se
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Airolit is a drone technology company that offers customer-specific UAV solutions in branches like security, defense, and research.
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Latest Funding
$1.3 Million
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Industries
Hardware, Space Tech, Drones, Mobility & Transportation, Manufacturing
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Locations
Gothenburg
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Employees
11 to 50
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@airolit.com
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Amferia is a startup manufacturing medical materials that actively prevents infections.
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Latest Funding
$650 Thousand · Seed
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Industries
Health Tech, Hardware, Biotech, Manufacturing
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Locations
Gothenburg
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Employees
1 to 10
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@amferia.com
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CombiQ offer embedded products (electronics and software) that are connected by wireless and supported by the central software.
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Latest Funding
$780 Thousand · Pre Seed
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Industries
Hardware, Wearables
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Locations
Jönköping
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Employees
1 to 10
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@combiq.com
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dLaboratory AB is a Swedish company that offers a unique concept of smart power grids.
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Latest Funding
$2.1 Million
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Industries
Govtech, Hardware, Energy & Nuclear, Business Intelligence, Supply Chain & Logistics
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Locations
Lund
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Employees
1 to 10
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Business Model
B2B
-
Contact
•••••@dlaboratory.com
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EasyServ develop a system that will allow the service company for heat pumps
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Latest Funding
$550 Thousand · Pre Seed
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Industries
Hardware, Manufacturing, Developer Tools, Enterprise Software, Wearables, Service Industry
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Locations
Halmstad
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Employees
1 to 10
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@easyserv.se
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Freedrum develops a virtual drum set with connected digital services for learning and analysis.
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Latest Funding
$980 Thousand
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Industries
Hardware, Music and Audio, Wearables
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Locations
Malmö
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Employees
11 to 50
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Business Model
B2C
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Investors
Almi Invest
-
Contact
•••••@freedrum.rocks
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Freemelt is a Gothenburg (Mölndal), Sweden-based 3D printing company.
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Latest Funding
$1.6 Million · Seed
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Industries
Hardware, Manufacturing
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Locations
Gothenburg
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Employees
1 to 10
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Business Model
B2B, SAAS
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Investors
Industrifonden
-
Contact
•••••@freemelt.com
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Invisense develops, sells and supplies a solution so that property owners get control of the relative humidity of their stock.
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Latest Funding
$450 Thousand · Pre Seed
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Industries
Hardware, Proptech & Real Estate, Manufacturing
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Locations
Linköping
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Employees
1 to 10
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Business Model
B2B
-
Investors
Almi Invest
-
Contact
•••••@invisense.com
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Kromnigon develops imaging technology for advanced multicolor microscopy.
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Latest Funding
$570 Thousand · Pre Seed
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Industries
Health Tech, Hardware, Biotech, Manufacturing
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Locations
Gothenburg
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Employees
1 to 10
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Business Model
B2B
-
Investors
Almi Invest
-
Contact
•••••@kromnigon.com
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Helps your business to a healthier workplace.
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Latest Funding
$720 Thousand · Seed
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Industries
Health Tech, Hardware, Wearables
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Locations
Linköping
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Employees
11 to 50
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Business Model
B2C
-
Investors
Almi Invest
-
Contact
•••••@linkura.se
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Modcam uses computer vision and machine learning on device to track, monitor and analyse people, anonymously!
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Industries
Hardware, Machine Learning, Data and Analytics, Wearables
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Locations
Malmö
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Employees
11 to 50
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Business Model
SAAS
-
Contact
•••••@meraki.cisco.com
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Qoitech is a Swedish startup which creates energy optimization solutions for developers throughout the stack in the Internet of Things area.
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Latest Funding
$520 Thousand · Pre Seed
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Industries
Climate Tech & Green Tech, Hardware, Data and Analytics, Energy & Nuclear, Manufacturing, Business Intelligence
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Locations
Lund
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Curitas Ventures
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Contact
•••••@qoitech.com
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Stepler is an online shop that offers electronic massagers, headphones, skincare, and exercise products.
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Latest Funding
$1.2 Million
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Industries
Hardware, CPG & Consumer Goods, Sportstech, Mobile, Ecommerce
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Locations
Karlstad
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Employees
11 to 50
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Business Model
B2C, FREEMIUM
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Investors
Almi Invest
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Contact
•••••@steplershop.com
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Strawbees is an award-winning prototyping toy for makers of all ages.
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Latest Funding
$940 Thousand
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Industries
Edtech, Hardware, Manufacturing, Wearables
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Locations
Gothenburg
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Employees
11 to 50
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Business Model
B2B
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Investors
Almi Invest
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Contact
•••••@strawbees.com
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Touchtech is a retail technology company.
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Latest Funding
$4.4 Million
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Industries
Hardware, CPG & Consumer Goods, Manufacturing, Ecommerce, Wearables, Service Industry
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Locations
Gothenburg
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@touchtech.com
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