69 Manufacturing Startups in Sweden to Watch in 2023
Sweden's Manufacturing sector is booming. This year’s list of the best 69 Sweden Manufacturing startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.
Last update: September 12, 2023
Featured companies in Company
Featured
Green and sustainablesteel producer.
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Latest Funding
$1.6 Billion · Series D
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Employees
101 to 250
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Investors
Just Climate, Prima Materia, Prima Materia, GIC, GIC, Stena Sessan, Investment AB Kinnevik, Investment AB Kinnevik, InnoEnergy, InnoEnergy
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Business Model
B2B
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Industries
Climate Tech & Green Tech, Manufacturing
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Locations
Stockholm
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Contact
•••••@h2greensteel.com
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Featured
Manufacturer of sustainable lithium-ion batteries.
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Latest Funding
$1.2 Billion · Series D
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Employees
1001 to 5000
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Investors
Vargas Holdings, Canada Pension Plan Investment Board, Vattenfall, Siemens AG, Prima Materia, Prima Materia, BlackRock, AMF, European Investment Bank, European Investment Bank, Goldman Sachs, Goldman Sachs, Goldman Sachs, Goldman Sachs, Goldman Sachs, Omers Ventures, Omers Ventures, Norrsken VC, Norrsken VC, InnoEnergy
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Business Model
B2B
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Industries
Energy & Nuclear, Manufacturing
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Locations
Stockholm
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Contact
•••••@northvolt.com
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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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Full list of Manufacturing startups in Sweden
Digital freight mobility platform.
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Latest Funding
$110 Million · Series B
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Industries
Mobile, Mobility & Transportation, Energy & Nuclear, Manufacturing
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Locations
Stockholm
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Employees
251 to 500
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Business Model
B2B, B2C
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Investors
Northzone, EQT Ventures, NordicNinja VC, Norrsken VC, Plug and Play Spain
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Contact
•••••@einride.tech
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New materials that enhance the efficiency of solar cells.
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Latest Funding
$18 Million · Series B
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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Locations
Stockholm
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Employees
51 to 100
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Business Model
B2B
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Investors
Svensk Exportkredit, Fasadglas Bäcklin, Neudi & Co, 3T Invest, Swedbank Robur, Fortum, AMF, Stena Sessan, SoftBank Group
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Contact
•••••@exeger.com
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Charge Amps is greetech company.
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Latest Funding
$16 Million
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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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Employees
11 to 50
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Business Model
B2C
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Investors
Quinary Investment
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Contact
•••••@chargeamps.com
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Power grid management.
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Latest Funding
$4.9 Million · Seed
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Industries
Energy & Nuclear, Manufacturing, Business Intelligence
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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
Polar Structure
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Contact
•••••@plexigrid.com
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Curb Food is a delivery-first dark kitchen provider.
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Latest Funding
$24 Million · Series A
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Industries
Foodtech, Food Delivery, Manufacturing
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2B, B2C, MARKETPLACE
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Investors
Point72 Ventures, EQT Ventures
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Contact
•••••@curbfood.com
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GreenIron has developed a groundbreaking energy-efficient process for the sustainable recycling of waste and residues.
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Latest Funding
$11 Million
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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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
Almi Invest
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Contact
•••••@greeniron.se
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LUB Foods is a company dedicated to creating and distributing products that taste great.
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Latest Funding
$100 Million
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Industries
Foodtech, Manufacturing
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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
Investment AB Kinnevik, Capagro, Khosla Ventures
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Contact
•••••@lubfoods.com
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Stockeld Dreamery creates the world's most ambitious cheese. Join us on our journey to reimagined, reinvented and real delicious foods.
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Latest Funding
$20 Million · Series A
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Industries
Foodtech, Manufacturing
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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
Eurazeo, Northzone, Creandum, Astanor Ventures, Inventure, Norrsken VC
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Contact
•••••@stockeld.com
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SunRoof is a start-up developing fully solar 2-in-1 roofs and façades as well as solutions to support smart energy management.
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Latest Funding
$15 Million
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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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
Alfabeat, InnoEnergy, Inovo Venture Partners, KnowledgeHub, LT Capital
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Contact
•••••@sunroof.se
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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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Semiconductors developer.
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Latest Funding
$3.6 Million · Seed
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Industries
Robotics, 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
Industrifonden, Navigare Ventures, FORWARD.one, Almi Invest
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Contact
•••••@alixlabs.com
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Ecohelix technology produces a biopolymer that can replace oil based products on the marketplace.
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Latest Funding
$3 Million
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Industries
Biotech, Energy & Nuclear, Manufacturing
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2B, MARKETPLACE
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Investors
Almi Invest
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Contact
•••••@ecohelix.se
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Epishine develops and produces printed solar cells that consist only of organic materials.
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Latest Funding
$9.4 Million
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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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
Almi Invest
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Contact
•••••@epishine.com
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re:newcell has developed a patented process for recycling cellulose-based textiles, such as cotton and viscose.
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Latest Funding
$4.4 Million
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Industries
Climate Tech & Green Tech, Fashion, 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
•••••@renewcell.com
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Electric boat maker.
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Latest Funding
$27 Million · Series B
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Industries
Mobility & Transportation, Manufacturing
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Locations
Stockholm
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Employees
51 to 100
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Business Model
B2C
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Contact
•••••@xshore.com
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Sensing as-a-service for factory equipment.
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Latest Funding
$1.3 Million · Seed
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Industries
Climate Tech & Green Tech, Manufacturing
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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
Polar Structure
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Contact
•••••@taggr.se
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BonBot is a Food & Beverages company.
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Latest Funding
$2.4 Million · Seed
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Industries
Foodtech, Deep Tech, Robotics, Manufacturing
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Locations
Stockholm
- Employees
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Business Model
B2B
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Investors
Stride VC, byFounders
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Contact
•••••@bonbot.com
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Vertical farming company developing tech and producing vegetables and herbs locally.
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Latest Funding
$2.4 Million
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Industries
Agritech, Foodtech, 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
Rite Ventures
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Contact
•••••@gronska.org
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QuizRR helps suppliers and buyers in building a common knowledge platform.
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Latest Funding
$2.5 Million
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Industries
Edtech, AI, Manufacturing
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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
Norrsken VC
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Contact
•••••@quizrr.se
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Spowdi is a manufacturer of an energy-efficient, solar-powered water pump for small-scale farming.
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Latest Funding
$2.2 Million · Seed
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Industries
Agritech, Mobility & Transportation, 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
•••••@spowdi.com
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TrusTrace is a Technology Company that provides solutions to enable "Conscious consumerism and Responsible Production".
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Latest Funding
$6 Million · Series A
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Industries
Fashion, Data and Analytics, Manufacturing, Business Intelligence, Creative Tools
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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, Fairpoint Capital
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Contact
•••••@trustrace.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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Sodium-ion battery developer.
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Latest Funding
$4.8 Million · Series A
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Industries
Energy & Nuclear, Manufacturing
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Locations
Uppsala
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Employees
1 to 10
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Business Model
B2B
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Investors
InnoEnergy
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Contact
•••••@altris.se
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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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Modular wind power towers in composite materials.
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Latest Funding
$12 Million · Series A
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Industries
Climate Tech & Green Tech, Proptech & Real Estate, Energy & Nuclear, 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
•••••@modvion.com
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Platform that auctions used heavy machinery, tools, and vehicles.
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Latest Funding
$11 Million · Series A
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Industries
Manufacturing
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Locations
Växjö
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Employees
11 to 50
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Business Model
B2B, MARKETPLACE
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Investors
Verdane
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Contact
•••••@blinto.se
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Light, clean and silent – CAKE develops uncompromising high performance electric off-road motorcycles.
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Latest Funding
$46 Million · Series B
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Industries
Manufacturing
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Locations
Stockholm
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Employees
11 to 50
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Contact
•••••@ridecake.com
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Cling Systems ensures that batteries are recycled, repurposed, and reused by connecting the ecosystem.
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Latest Funding
$2.3 Million · Seed
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Industries
Mobility & Transportation, 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
Norrsken VC
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Contact
•••••@clingsystems.com
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LeadCold is a designer of a small reactor to create a reliable/safe production of power for various sites.
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Latest Funding
$2.4 Million
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Industries
Climate Tech & Green Tech, 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
Otiva, Norrsken VC, InnoEnergy
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Contact
•••••@leadcold.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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Autonomous Robots
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Latest Funding
$1 Million
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Industries
Deep Tech, Sportstech, Robotics, 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
•••••@reloxrobotics.com
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John Henric is a fashion and lifestyle brand that sells smart casual, outerwear, wedding outfits, along with accessories and bags.
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Latest Funding
$7.4 Million
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Industries
CPG & Consumer Goods, Fashion, Manufacturing, Community & Lifestyle, Ecommerce
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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
eEquity
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Contact
•••••@johnhenric.com
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Oncorena treatment for renal cancer
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Latest Funding
$7.3 Million
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Industries
Health Tech, Biotech, Pharma, 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
HealthCap
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Contact
•••••@oncorena.com
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Swedish Algae Factory extracts with silicon algae as a raw material a nanoporous material from these algae.
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Latest Funding
$5.1 Million
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Industries
Agritech, Energy & Nuclear, 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, Formica Capital
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Contact
•••••@swedishalgaefactory.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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Astrid Wild is an outdoor clothing brand designed for women.
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Latest Funding
$110 Thousand · Pre Seed
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Industries
Fashion, Manufacturing, 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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Investors
Antler
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Contact
•••••@astridwild.com
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Bright Sunday aims to reduce CO2 emissions on a global level by offering cleantech services and systems for businesses.
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Industries
Climate Tech & Green Tech, Fintech, 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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Contact
•••••@brightsunday.com
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Cascade Drives provides electromechanical drives for heavy-duty applications.
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Latest Funding
$4.6 Million
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Industries
Energy & Nuclear, Manufacturing
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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
Industrifonden
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Contact
•••••@cascadedrives.com
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Cellfion provides sustainable materials for next level clean energy storage and conversion devices.
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Latest Funding
$1.3 Million · Seed
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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Locations
Stockholm
- Employees
-
Business Model
B2B
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Investors
Voima Ventures, Almi Invest
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Contact
•••••@cellfion.se
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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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Dolprop specializes in developing a propulsion system for maritime vessels based on nature's own design.
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Latest Funding
$110 Thousand · Pre Seed
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Industries
Climate Tech & Green Tech, Mobility & Transportation, Manufacturing, Future of Work, Supply Chain & Logistics
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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
Antler
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Contact
•••••@dolprop.se
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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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Plastic-free personal care and home cleaning products (D2C, Replenishment Subscription)
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Latest Funding
$58 Thousand · Pre Seed
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Industries
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
Antler
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Contact
•••••@lifelong.eco
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MAQ AB is a company that simplifies machining in the metalworking industry by reducing vibrations.
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Latest Funding
$650 Thousand · Pre Seed
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Industries
Deep Tech, 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
InnoEnergy, Almi Invest
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Contact
•••••@maqab.com
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Molecular Attraction enable development of vector-diseases control and eradication strategies.
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Industries
Health Tech, Agritech, 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
Norrsken VC, Almi Invest
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Contact
•••••@molecular-attraction.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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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
-
Investors
Almi Invest
-
Contact
•••••@stockholmwater.com
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Tini Garments is a fashion brand offering sustainable tailor-made garments made on demand.
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Latest Funding
$230 Thousand · Pre Seed
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Industries
CPG & Consumer Goods, Fashion, Manufacturing, Ecommerce
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Locations
Stockholm
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Employees
1 to 10
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Business Model
B2C
-
Investors
Almi Invest
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Contact
•••••@tini.se
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Oatly delivers products that have maximum nutritional value and minimal environmental impact.
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Latest Funding
$200 Million
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Industries
Health Tech, Foodtech, Manufacturing
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Locations
Malmö
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Employees
501 to 1000
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Business Model
B2C
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Contact
•••••@oatly.com
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Greentech licensing – Dry Molded Fiber – a new technology for low cost and high performance fiber-based packaging and single-use products.
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Latest Funding
$32 Million
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Industries
Climate Tech & Green Tech, Foodtech, Adtech, Media and Entertainement, Manufacturing, Supply Chain & Logistics
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Locations
Gothenburg
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Employees
51 to 100
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Business Model
B2B
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Contact
•••••@pulpac.com
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Aligned Bio develops advanced nanowire biosensor platforms.
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Latest Funding
$2.6 Million · Series A
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Industries
Robotics, Manufacturing
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Locations
Lund
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Employees
11 to 50
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Business Model
B2B
-
Investors
Almi Invest
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Contact
•••••@alignedbio.com
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Graphmatech, enabling the green transition with graphene technology
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Latest Funding
$10 Million
-
Industries
Robotics, Manufacturing
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Locations
Uppsala
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Employees
11 to 50
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Business Model
B2B
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Investors
InnoEnergy, Forward VC, Walerud Ventures, Almi Invest
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Contact
•••••@graphmatech.com
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Heart Aerospace is a Swedish startup making electric regional airplanes.
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Latest Funding
$10 Million
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Industries
Space Tech, Mobility & Transportation, 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
Lowercarbon Capital, EQT Ventures, Norrsken VC, Breakthrough Energy Ventures, Y Combinator
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Contact
•••••@heartaerospace.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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STILRIDE develops sleek electro-mobility devices based on sustainable industrial origami STILFOLD
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Latest Funding
$3.4 Million
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Industries
Deep Tech, Mobility & Transportation, Robotics, Manufacturing
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2B, B2C
-
Contact
•••••@stilride.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
-
Contact
•••••@vassla.com
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C-Green is an energy company providing a solution for transforming waste water into energy.
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Industries
Climate Tech & Green Tech, Deep Tech, 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
SEB Venture Capital
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Contact
•••••@c-green.se
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Cacharge is an innovative company with a strong commitment to creating smart and affordable solutions.
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Industries
Proptech & Real Estate, Mobility & Transportation, 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
InnoEnergy
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Contact
•••••@cacharge.com
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In-space logistics enabled by a reusable vehicle
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Industries
Space Tech, Mobility & Transportation, 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
Icebreaker
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Contact
•••••@porkchop.space
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Ascatron provide next generation Silicon Carbide (SiC) power semiconductors.
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Latest Funding
$4 Million · Series B
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Industries
Manufacturing, Semiconductor
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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
•••••@ii-vi.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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CDLP is a Swedish design firm that creates high-end men's essentials.
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Latest Funding
$4.8 Million
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Industries
CPG & Consumer Goods, Fashion, Manufacturing, Ecommerce
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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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Contact
•••••@cdlp.com
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Furhat Robotics is a leading social robotics and conversational AI company based in Stockholm, Sweden
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Latest Funding
$2 Million · Seed
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Industries
AI, Deep Tech, Robotics, Manufacturing
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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
•••••@furhatrobotics.com
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Gleechi develops software to enable hand movement and interaction for artificial hands.
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Latest Funding
$2.9 Million
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Industries
Gaming, AI, AR / VR, Deep Tech, Machine Learning, Robotics, 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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Contact
•••••@gleechi.com
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