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Sweden

Introduction

Sweden is home to 4.7k+ funded startups which raised over €2.4B in VC investment in 2024.

Sweden has also been the birthplace of unicorns such as Spotify and Northvolt, amongst many more.

Venture Capital

By stage

Below we break venture capital into three distinct stages:

  • Startup stage ($0-15M rounds)
  • Breakout stage ($15-100M rounds)
  • Scaleup stage ($100M+ rounds).

This provides more consistent and timeless segmentation of the startup & venture capital landscape (more so than self-reported round labelling, which are applied inconsistently, especially between business cycles).

Early stage 
Access early-stage funding rounds into Swedish startups here on the Dealroom platform.

Breakout stage 

Access breakout-stage funding rounds into Swedish startups here on the Dealroom platform.

Late stage 

Access late-stage funding rounds into Swedish startups here on the Dealroom platform.

By industry

Industry analysis

The top three Swedish industries for VC investment raised in 2023 were Energy, Transportation, and Fintech. Energy and Transportation maintain their lead in the start of 2024.

Segment analysis

Investors

Explore investor data on activity in the Swedish Tech ecosystem here on the Dealroom platform.

International Comparisons

Country benchmarking

Sweden currently ranks within the top 10 countries in terms of VC investment in Europe.

City benchmarking

Stockholm finds itself amongst the top 5 European cities for VC investment in 2024.

Related Content

Reports: Sweden Tech startup ecosystem report 2023
Sweden Ecosystem Data: Discover Sweden´s most promising companies and put your startup on the map on the the Sweden Tech Ecosystem platform.
Dealroom Data: Explore all funded startups in Sweden.
Dealroom Data: Explore all funding rounds in Sweden.