69 Sweden Startups to Watch (and Work for) in 2023
The Sweden tech sector in Europe booming. In 2022, Sweden raised $5.7 Billion in capital (after raising $9.1 Billion in 2021). Whether you're an experienced investor, a determined founder, or a resourceful operator this year's list of top 69 tech startups is worth exploring. It includes companies of various sizes, ranging from those experiencing rapid growth to smaller, creative startups.
Last update: September 12, 2023
Featured companies in Sweden
Get access to the Seedtable database with +15,000 companies (936 from Sweden)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, GIC, Stena Sessan, Investment AB Kinnevik, InnoEnergy
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Business Model
B2B
-
Industries
Climate Tech & Green Tech, Manufacturing
-
Locations
Stockholm
-
Contact
•••••@h2greensteel.com
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Featured
Preventative health care platform.
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Latest Funding
$65 Million · Series A
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Employees
11 to 50
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Investors
General Catalyst, Lakestar, Atomico
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Business Model
B2C
-
Industries
Health Tech
-
Locations
Stockholm
-
Contact
•••••@nekohealth.com
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Featured
Supplier financing platform for retail businesses.
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Latest Funding
$12 Million · Series A
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Employees
11 to 50
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Investors
Nineyards Equity, J12 Ventures, Antler
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Business Model
B2B
-
Industries
Fintech
-
Locations
Stockholm
-
Contact
•••••@treyd.io
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List of 69 top tech companies in Sweden
Get access to the Seedtable database with +15k companies (936 from Sweden)Web performance and load testing monitoring tools.
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Latest Funding
$10 Million · Series D
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Industries
Developer Tools
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Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
KTH Chalmers Capital, Oxx, SEB Venture Capital, Industrifonden, Almi Invest
-
Contact
•••••@apica.io
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Manufacturer of electric commercial trucks.
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Latest Funding
$260 Million
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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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Employees
501 to 1000
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Business Model
B2B
-
Investors
Curitas Ventures
-
Contact
•••••@voltatrucks.com
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Novatron develops a new proprietary fusion power concept together with physicists, engineers, and academia.
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Latest Funding
$5.4 Million · Seed
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Industries
Climate Tech & Green Tech
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Locations
Stockholm
- Employees
-
Investors
Climentum Capital, Industrifonden, InnoEnergy
-
Contact
•••••@novatronfusion.com
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Neobank for immigrants.
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Latest Funding
$9.8 Million · Series B
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Industries
Fintech, Payments
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Locations
Stockholm
-
Employees
101 to 250
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Business Model
B2C, SAAS
-
Investors
Valar Ventures, Heartcore
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Contact
•••••@majority.com
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Manufacturer of sustainable lithium-ion batteries.
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Latest Funding
$1.2 Billion · Series D
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Industries
Energy & Nuclear, Manufacturing
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Locations
Stockholm
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Employees
1001 to 5000
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Business Model
B2B
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Investors
Vargas Holdings, Canada Pension Plan Investment Board, Vattenfall, Siemens AG, Prima Materia, BlackRock, AMF, European Investment Bank, Goldman Sachs, Omers Ventures, Norrsken VC, InnoEnergy
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Contact
•••••@northvolt.com
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Mobile-first banking platform.
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Latest Funding
$7.6 Million
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Industries
Fintech, Mobile, Payments
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Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
Schibsted Growth
-
Contact
•••••@rocker.com
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Cell therapy development paltform.
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Latest Funding
$18 Million · Series A
-
Industries
Biotech, Deep Tech
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Locations
Stockholm
-
Employees
11 to 50
-
Investors
Lauxera Capital Partners
-
Contact
•••••@biolamina.com
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Cloud-based healthcare collaboration platform.
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Latest Funding
$7.6 Million · Series A
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Industries
Health Tech, Cloud
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Locations
Stockholm
-
Employees
11 to 50
-
Business Model
SAAS
-
Investors
Segulah Medical Acceleration, Brightly Ventures
-
Contact
•••••@about.cmrad.com
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Biotech company focused on developing products for therapy, diagnostic imaging, and other applications.
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Latest Funding
$21 Million · Debt Financing
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Industries
Biotech
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Locations
Stockholm
-
Employees
11 to 50
-
Investors
European Investment Bank
-
Contact
•••••@affibody.com
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Bio alternative to fossil-based and energy–intensive chemical production.
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Latest Funding
$22 Million · Series B
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Industries
Health Tech, Biotech
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Locations
Stockholm
-
Employees
51 to 100
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Business Model
B2B
-
Investors
Sofinnova Partners, SEB Venture Capital, Industrifonden
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Contact
•••••@enginzyme.com
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FIFA-style live football game.
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Latest Funding
$20 Million · Series A
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Industries
Gaming, Sportstech
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Locations
Stockholm
-
Employees
11 to 50
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Business Model
B2C, FREEMIUM
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Investors
Seven Seven Six, Northzone, Cherry Ventures, Moonfire Ventures
-
Contact
•••••@goals.co
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Personalized immunotherapy.
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Latest Funding
$27 Million · Debt Financing
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Industries
Health Tech, Biotech
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Locations
Stockholm
-
Employees
11 to 50
-
Investors
European Investment Bank
-
Contact
•••••@anocca.com
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Collaborative ML platform for batch and real-time data.
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Latest Funding
$6.5 Million · Series B
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Industries
AI, Machine Learning
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Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Inventure, Vendep Capital
-
Contact
•••••@hopsworks.ai
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Climate financing platform for cities.
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Latest Funding
$15 Million · Series B
-
Industries
Climate Tech & Green Tech, Govtech
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Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
Polar Structure, CommerzVentures, 2050, SEB Venture Capital, NordicNinja VC, Norrsken VC, Nordic Makers, Almi Invest
-
Contact
•••••@climateview.global
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Cloud communications platform.
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Latest Funding
$380 Million
-
Industries
Messaging, Mobile, Communications
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Locations
Stockholm
-
Employees
1001 to 5000
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Business Model
B2B, SAAS
-
Investors
SoftBank Group, Balderton Capital, Index Ventures
-
Contact
•••••@sinch.com
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Digital healthcare management platform.
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Latest Funding
$27 Million
-
Industries
Health Tech, Mobile
-
Locations
Stockholm
-
Employees
501 to 1000
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Business Model
B2B, SAAS
-
Investors
Oriola, Bonnier Ventures
-
Contact
•••••@doktor.se
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Web3 app development platform for developers.
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Latest Funding
$13 Million · Seed
-
Industries
Crypto & web3, Developer Tools
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Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
EQT Ventures, Fabric Ventures
-
Contact
•••••@moralis.io
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Innovative therapy for difficult-to-treat hematological diseases.
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Latest Funding
$31 Million
-
Industries
Biotech, Deep Tech
-
Locations
Stockholm
-
Employees
251 to 500
-
Business Model
B2C
-
Investors
European Investment Bank
-
Contact
•••••@oncopeptides.com
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Digital freight mobility platform.
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Latest Funding
$110 Million · Series B
-
Industries
Mobile, Mobility & Transportation, Energy & Nuclear, Manufacturing
-
Locations
Stockholm
-
Employees
251 to 500
-
Business Model
B2B, B2C
-
Investors
Northzone, EQT Ventures, NordicNinja VC, Norrsken VC, Plug and Play Spain
-
Contact
•••••@einride.tech
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Hyperscale, efficient data centers.
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Latest Funding
$14 Million · Seed
-
Industries
Cybersecurity, Cloud
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Locations
Stockholm
-
Employees
51 to 100
-
Investors
EQT Ventures, Norrsken VC
-
Contact
•••••@evroc.com
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Digital healthcare platform.
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Latest Funding
$60 Million
-
Industries
Health Tech, Mobile
-
Locations
Stockholm
-
Employees
501 to 1000
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Business Model
B2C, SAAS, MARKETPLACE
-
Investors
Index Ventures, Accel, Creandum, Project A Ventures
-
Contact
•••••@kry.se
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App that helps people understand and improve their finances.
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Latest Funding
$31 Million · Series C
-
Industries
Fintech, Payments
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Locations
Stockholm
-
Employees
101 to 250
-
Business Model
B2B
-
Investors
Augmentum Fintech, Northzone, Quadrille Capital, EQT Ventures, Accel, Global Founders Capital (GFC)
-
Contact
•••••@anyfin.com
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Digital veterinary platform.
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Latest Funding
$32 Million · Series C
-
Industries
Health Tech, Video, Community & Lifestyle, Communications
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Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2C, MARKETPLACE
-
Investors
Omers Ventures, Creandum
-
Contact
•••••@firstvet.com
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Heat pumps and energy saving platform for home owners.
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Latest Funding
$2.2 Million · Seed
-
Industries
Climate Tech & Green Tech, Energy & Nuclear
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
Peak Capital
-
Contact
•••••@drem.se
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New materials that enhance the efficiency of solar cells.
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Latest Funding
$18 Million · Series B
-
Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
-
Locations
Stockholm
-
Employees
51 to 100
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Business Model
B2B
-
Investors
Svensk Exportkredit, Fasadglas Bäcklin, Neudi & Co, 3T Invest, Swedbank Robur, Fortum, AMF, Stena Sessan, SoftBank Group
-
Contact
•••••@exeger.com
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Sweden's largest marketplace for health and beauty services.
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Latest Funding
$44 Million
-
Industries
Health Tech, CPG & Consumer Goods, Fashion, Ecommerce
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2C, MARKETPLACE
-
Investors
VNV Global
-
Contact
•••••@bokadirekt.se
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Savr is an operator of a digital financial platform.
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Latest Funding
$16 Million
-
Industries
Fintech
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Schibsted Growth
-
Contact
•••••@savr.com
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Mavenoid's AI-powered platform allows hardware & consumer electronics companies to provide seamless support automation and remote service.
-
Latest Funding
$30 Million · Series B
-
Industries
Deep Tech, CRM
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Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
Smedvig Capital, Creandum, Mosaic Ventures, NordicNinja VC, Point Nine Capital
-
Contact
•••••@mavenoid.com
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Acast is an audio-on-demand and podcast platform that hosts, monetizes, and distributes audio content globally.
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Latest Funding
$27 Million
-
Industries
Music and Audio, Media and Entertainement, Podcast
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Locations
Stockholm
-
Employees
101 to 250
-
Investors
CNI Nordic, Första AP-fonden, Alfvén & Didrikson, Evli Growth Partners, Bonnier Ventures
-
Contact
•••••@acast.com
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Instabox is a delivery service available to select online partners where packages are delivered to smart box locations seven days a week.
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Latest Funding
$9.5 Million
-
Industries
Ecommerce, Supply Chain & Logistics
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Locations
Stockholm
-
Employees
101 to 250
-
Business Model
B2B
-
Investors
EQT Ventures
-
Contact
•••••@instabox.io
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Cloud-based open banking platform.
-
Latest Funding
$100 Million
-
Industries
Fintech, Mobile, Payments
-
Locations
Stockholm
-
Employees
251 to 500
-
Business Model
B2C
-
Investors
ABN AMRO Ventures, Eurazeo, Opera Tech Ventures, Insight Venture Partners, Dawn Capital, SEB Venture Capital, Heartcore
-
Contact
•••••@tink.com
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AR/VR games studio and publishing platform.
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Latest Funding
$25 Million · Series C
-
Industries
Gaming, Hardware, AR / VR
-
Locations
Stockholm
-
Employees
101 to 250
-
Business Model
B2C
-
Investors
MizMaa Ventures, GV, Partech Ventures, Creandum, Bonnier Ventures, Bitkraft Ventures, Sisu Game Ventures
-
Contact
•••••@resolutiongames.com
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Ecommerce for children clothes.
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Latest Funding
$10 Million
-
Industries
Fashion, Ecommerce, FamilyTech & Parenting
-
Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2C
-
Investors
Verdane
-
Contact
•••••@babyshop.com
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Online platform for buying and selling industrial-level wood.
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Latest Funding
$2.6 Million · Seed
-
Industries
Agritech
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Locations
Stockholm
-
Employees
1 to 10
-
Business Model
MARKETPLACE
-
Investors
Industrifonden
-
Contact
•••••@virkesborsen.se
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Charge Amps is greetech company.
-
Latest Funding
$16 Million
-
Industries
Climate Tech & Green Tech, Hardware, Mobility & Transportation, Energy & Nuclear, Manufacturing
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
Quinary Investment
-
Contact
•••••@chargeamps.com
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B2B social trading platform.
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Latest Funding
$2.8 Million · Series A
-
Industries
Investing
-
Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2B
-
Investors
Almi Invest
-
Contact
•••••@stockrepublic.io
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Commercial hydrofoil shuttle.
-
Latest Funding
$20 Million · Series A
-
Industries
Mobility & Transportation
-
Locations
Stockholm
-
Employees
101 to 250
-
Investors
EQT Ventures
-
Contact
•••••@candela.com
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Royalty-free soundtrack platform.
-
Latest Funding
$450 Million
-
Industries
Music and Audio, Media and Entertainement, Video, Communications
-
Locations
Stockholm
-
Employees
251 to 500
-
Business Model
SAAS
-
Investors
Kichi Invest, EQT Ventures, Creandum
-
Contact
•••••@epidemicsound.com
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Stravito lets global enterprises leverage more research and insights to make better, more consumer-centric decisions.
-
Latest Funding
$15 Million · Series A
-
Industries
Adtech, Media and Entertainement, Sales and Marketing, Business Intelligence
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Endeit Capital, Inventure
-
Contact
•••••@stravito.com
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Recruitment and branding platform for companies.
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Latest Funding
$10 Million
-
Industries
Hiring and Recruitement, Sales and Marketing
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
Octopus Ventures, Brightly Ventures, Spintop Ventures
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Contact
•••••@adway.ai
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Power grid management.
-
Latest Funding
$4.9 Million · Seed
-
Industries
Energy & Nuclear, Manufacturing, Business Intelligence
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Polar Structure
-
Contact
•••••@plexigrid.com
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Lexly is a provider of a SAAS for legal services.
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Latest Funding
$21 Million
-
Industries
Legal Tech
-
Locations
Stockholm
-
Employees
51 to 100
-
Business Model
SAAS
-
Investors
Industrifonden
-
Contact
•••••@lexly.com
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Ready-made groceries online platform.
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Latest Funding
$48 Million
-
Industries
Foodtech, Ecommerce
-
Locations
Stockholm
-
Employees
251 to 500
-
Business Model
B2C
-
Investors
AMF, CNI Nordic, Verdane, Investment AB Kinnevik
-
Contact
•••••@mathem.se
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Marketplace for music rights.
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Latest Funding
$4.4 Million · Seed
-
Industries
Crypto & web3, Music and Audio
-
Locations
Stockholm
-
Employees
1 to 10
-
Business Model
B2B, B2C, MARKETPLACE
-
Investors
Stride VC, Inventure, J12 Ventures
-
Contact
•••••@anotherblock.io
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Automates data collection for reporting and analysis.
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Latest Funding
$66 Million · Series C
-
Industries
Adtech, Media and Entertainement, Data and Analytics, Sales and Marketing, Business Intelligence
-
Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
Stena Sessan, Eight Roads Ventures, Balderton Capital, Kreos Capital, Industrifonden
-
Contact
•••••@funnel.io
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Developer of therapies for treating chronic inflammatory conditions.
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Latest Funding
$21 Million · Series C
-
Industries
Health Tech, Pharma
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Locations
Stockholm
-
Employees
1 to 10
-
Business Model
B2B
-
Investors
Hadean Ventures, Industrifonden
-
Contact
•••••@gesynta.se
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Infrastructure platform for payments.
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Latest Funding
$3.3 Million · Seed
-
Industries
Fintech, Payments, Developer Tools
-
Locations
Stockholm
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Investors
Industrifonden, Luminar Ventures, Brightly Ventures
-
Contact
•••••@openpayments.io
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Easy-to-use POS and payments platform for retail owners.
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Latest Funding
$26 Million
-
Industries
AI, Mobile, Ecommerce
-
Locations
Stockholm
-
Employees
101 to 250
-
Business Model
B2B, SAAS
-
Investors
Creades AB, NFT Ventures, Collector Ventures, Brightly Ventures
-
Contact
•••••@yabie.com
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App to determine fertility status.
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Latest Funding
$7 Million · Series A
-
Industries
Health Tech, Hardware, Fitness, Mobile
-
Locations
Stockholm
-
Employees
51 to 100
-
Business Model
SAAS
-
Investors
Samsung Ventures
-
Contact
•••••@naturalcycles.com
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Nextory is an online collection of e-books in pdf and audio formats.
-
Latest Funding
$10 Million
-
Industries
Edtech, Mobile, Media and Entertainement, Ecommerce
-
Locations
Stockholm
-
Employees
1 to 10
-
Business Model
B2C, SAAS
-
Investors
Industrifonden
-
Contact
•••••@nextory.se
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E-bike mobility platform.
-
Latest Funding
$120 Million · Series D
-
Industries
Climate Tech & Green Tech, Mobile, Mobility & Transportation, Ecommerce
-
Locations
Stockholm
-
Employees
1001 to 5000
-
Business Model
B2C
-
Investors
Stena Sessan, Balderton Capital, Kreos Capital, Local Globe, VNV Global, Creandum, Inbox Capital, NordicNinja VC, JME Ventures, Project A Ventures
-
Contact
•••••@voiscooters.com
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Kavall is a grocery startup that focuses on delivering goods.
-
Latest Funding
$2.2 Million · Seed
-
Industries
Foodtech, Mobile, Ecommerce
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2C
-
Investors
VNV Global, Bonnier Ventures, Inbox Capital
-
Contact
•••••@kavall.co
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API for KYC tools.
-
Latest Funding
$4.4 Million · Seed
-
Industries
Fintech, Creative Tools
-
Locations
Stockholm
-
Employees
1 to 10
-
Business Model
B2B, SAAS
-
Investors
Unusual Ventures, Cherry Ventures, Forward VC
-
Contact
•••••@bits.bi
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Lysa is a digital portfolio management service that allows you to invest as a Nobel Prize winner.
-
Latest Funding
$34 Million
-
Industries
Fintech
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
SEB Venture Capital, Inbox Capital
-
Contact
•••••@lysa.se
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Digital insurance platform.
-
Latest Funding
$8.1 Million
-
Industries
Fintech
-
Locations
Stockholm
-
Employees
101 to 250
-
Business Model
B2B
-
Investors
CommerzVentures, Anthemis, Cherry Ventures
-
Contact
•••••@hedvig.com
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Tool to take meeting notes without writing.
-
Latest Funding
$10 Million · Seed
-
Industries
Video, Communications
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2B, SAAS
-
Investors
EQT Ventures
-
Contact
•••••@supernormal.com
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All-in-one financial platform for ecommerce entrepreneurs.
-
Latest Funding
$110 Million · Debt Financing
-
Industries
Fintech, Ecommerce
-
Locations
Gothenburg
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
Felix Capital, EQT Ventures, Triple Point Ventures, Cherry Ventures, FJ Labs
-
Contact
•••••@juni.co
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Create real-world AI applications – at scale and at speed – with the first operational AI platform from Peltarion.
-
Latest Funding
$17 Million
-
Industries
AI, Machine Learning
-
Locations
Stockholm
-
Employees
51 to 100
-
Business Model
B2B, SAAS
-
Investors
EQT Ventures
-
Contact
•••••@peltarion.com
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Reinventing the housing market
-
Latest Funding
$9.9 Million
-
Industries
Proptech & Real Estate
-
Locations
Stockholm
-
Employees
1 to 10
-
Business Model
B2B, B2C, MARKETPLACE
-
Investors
Luminar Ventures
-
Contact
•••••@movesta.se
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Mindler makes it easy to meet a psychologist - usually the same day!
-
Latest Funding
$17 Million
-
Industries
Health Tech, Mobile
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
MARKETPLACE
-
Investors
Ventech, Schibsted Growth, Luminar Ventures
-
Contact
•••••@mindler.se
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LUB Foods is a company dedicated to creating and distributing products that taste great.
-
Latest Funding
$100 Million
-
Industries
Foodtech, Manufacturing
-
Locations
Stockholm
-
Employees
11 to 50
-
Business Model
B2B, B2C
-
Investors
Investment AB Kinnevik, Capagro, Khosla Ventures
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Contact
•••••@lubfoods.com
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Personal security re-imagined.
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Latest Funding
$73 Million
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Industries
Govtech, Mobile, Privacy and Security
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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
Highland Europe, Global Founders Capital (GFC), La Famiglia VC, Acton Capital
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Contact
•••••@sosafe.se
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Logical Clocks was founded by the team that created and continues to drive Hopsworks, a full-stack data-intensive platform for AI.
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Latest Funding
$5.8 Million · Series A
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Industries
AI, Machine Learning, Data and Analytics, Open Source
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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
Inventure, Industrifonden
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Contact
•••••@logicalclocks.com
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Insurello provides a digital solution that helps customers find insurance payments.
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Latest Funding
$17 Million
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Industries
Fintech
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Locations
Stockholm
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Employees
11 to 50
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Investors
Inventure, Schibsted Growth, Luminar Ventures
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Contact
•••••@insurello.se
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Personalized music for gaming.
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Latest Funding
$2.1 Million · Seed
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Industries
Gaming
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Locations
Stockholm
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Employees
1 to 10
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Investors
Butterfly Ventures
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Contact
•••••@reactionalmusic.com
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Carla creates the most convenient, transparent, and simple online platform for purchasing or leasing an electric car.
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Latest Funding
$20 Million
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Industries
Mobility & Transportation, Ecommerce
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Locations
Stockholm
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Employees
11 to 50
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Business Model
B2C, MARKETPLACE
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Investors
VNV Global, Inbox Capital, Bonnier Ventures, Luminar Ventures
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Contact
•••••@carla.se
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