Sweden startup ecosystem
Sweden consistently produces outsized startup success relative to its population — from Spotify to Klarna. Stockholm is Europe's per-capita unicorn capital, with deep expertise in fintech, gaming, and SaaS. A strong engineering culture, early adoption of digital services, and access to Nordic and global capital markets give Swedish startups a durable edge. The directory currently lists 121 organisations across 11 cities.
Showing 41–60 of 121 Sweden
Cities in Sweden
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Sweden results
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Jessica Schultz
Partner at Northzone in Stockholm, investing in consumer and marketplace companies across the Nordics and Europe. She backs early-stage founders and supports them through scaling and follow-on rounds.
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Joel Larsson
Joel Larsson is a Partner at Pale Blue Dot, the Swedish venture capital fund dedicated exclusively to early-stage climate technology companies. He is an active investor in the Nordic and European climate tech ecosystem, backing startups working on decarbonization across energy, food, and industrial sectors. Larsson is a confirmed speaker at NORDEEP 2026 and a prominent voice in the Nordic climate investment community.
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Juni
Juni is a Gothenburg-based financial management platform for e-commerce businesses, founded in June 2020 by Samir El-Sabini, Jonathan Sanders, and Anders Orsedal. The platform offers multi-currency accounts, virtual and physical cards, credit products, analytics, and accounting integrations designed specifically for online merchants and digital advertisers. Juni holds an Electronic Money Institution (EMI) licence from Sweden's Finansinspektionen and has raised $282 million across five funding rounds including a $206 million Series B.
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Kinnevik
Kinnevik is a Stockholm-based growth-stage investment company listed on Nasdaq Stockholm that backs innovative digital businesses in healthcare, software, consumer, and climate sectors. Originally a traditional Swedish industrial conglomerate founded in 1936, Kinnevik transformed into a focused growth investor and was an early backer of companies like Zalando, Tele2, and Millicom. The firm manages a portfolio valued at several billion euros and takes concentrated positions in companies it believes can become category leaders. Kinnevik provides patient capital with a long-term orientation unusual among European growth investors.
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Klarna
Klarna is a Swedish fintech company that pioneered the “buy now, pay later” (BNPL) model globally. Founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson, Klarna started by offering online shoppers in Sweden a way to purchase goods on invoice (pay after delivery). Over the next decade, the company expanded across Europe and beyond, becoming a dominant online payments provider. As of 2021, Klarna was Europe’s highest-valued private tech company at $45.6 billion, reflecting meteoric growth fueled by consumers’ appetite for installment payments. Klarna’s app and services allow users to split purchases into interest-free installments or pay later, and it partners with over 450,000 retailers worldwide, including global brands like H&M, IKEA, and Nike. The company has over 150 million users across 45 countries and handled $80 billion in transaction volume in 2021. Klarna’s journey, however, has seen dramatic swings: after reaching a $45B valuation in mid-2021, a combination of rising interest rates and tech market downturn led to a downround in 2022, cutting its valuation to $6.7 billion (an 85% drop). The company restructured, laying off 10% of its staff, and refocused on profitability. By 2023, Klarna returned to profit and saw renewed growth, aided by expanding beyond BNPL into a full shopping app with price comparison, loyalty features, and banking services (Klarna obtained a banking license in Europe in 2017). In 2025, Klarna reportedly delayed an IPO amid market volatility but ultimately went public in September 2025, raising $1.37 billion. Despite valuation fluctuations, Klarna remains the global leader in BNPL, with a strong brand among Gen Z and millennial shoppers. Its journey from a small Stockholm startup to a financial giant serving 65 million customers (2025) at one point valued at $75 billion exemplifies the rise (and resiliency) of Europe’s fintech sector.
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Kognic
Kognic is a Gothenburg-based AI company, formerly known as Annotell, founded in 2018 that provides a data platform for annotating and refining the sensor data used to train and validate perception systems in automated driving and other safety-critical AI. Its tools help automotive and robotics teams align their datasets and models with human intent.
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Kristina Ekberg
Kristina Ekberg is Partner at HealthCap, one of Europe's largest dedicated life science venture capital firms, headquartered in Stockholm, Sweden. She focuses on biotech and pharmaceutical investments in the Nordic region and beyond. HealthCap has been one of the most active life science investors in Scandinavia for more than two decades, managing multiple funds with a strong track record of exits.
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Kry
Kry is a Stockholm-based digital healthcare company founded in 2014 that connects patients with doctors, nurses and psychologists through video and app-based consultations, and also runs physical clinics in some markets. Known as Livi outside the Nordics, it operates in Sweden, Norway, France, Germany and the United Kingdom and became one of Europe's most funded digital health companies.
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Lassie
Lassie is a digital pet-insurance company that combines coverage with preventive-care engagement. The app uses education modules and behavior incentives to reward owners for proactive pet health practices, linking prevention to premium outcomes.
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Legora
Stockholm-based legal AI platform for law firms and in-house legal teams, assisting with research, contract review, and drafting across complex matters. Used by 1,000+ legal teams in 50 markets. Reached €85M+ ARR in under 18 months. Raised $550M Series D at a $5.6B valuation from Accel, Atlassian, and NVIDIA's NVentures.
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LEVELS Venture Studio
LEVELS is a Stockholm-based venture studio that co-founds and builds technology companies from scratch, pairing its own operators and capital with founding teams to take ideas from concept to launch. It contributes hands-on product, design and go-to-market work in the earliest stages, then supports the resulting companies as they raise external funding and scale.
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Leya AI
Leya AI, now operating under the brand Legora, is a Swedish legal-AI company based in Stockholm building collaborative AI tools for lawyers, including an 'agentic operating system' for legal work that combines large language models, an agentic harness and data integrations. The platform is aimed at in-house legal teams and law firms looking to accelerate legal research and drafting.
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Lovable
Founded in 2023, Lovable builds an AI-powered full-stack software development platform that converts natural-language prompts into deployable applications. The product generates real frontend and backend code, integrates directly with GitHub, and is used by both non-technical founders for MVP creation and enterprise teams for rapid prototyping.
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Luminar Ventures
Luminar Ventures is a Stockholm-based seed-stage venture capital firm and one of the most active early investors in the Nordics, providing seed financing together with hands-on operational support. It focuses on digital technology startups, backing founders from the earliest stages and helping them build toward Series A and beyond.
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Max Junestrand
Swedish entrepreneur, co-founder and CEO of Legora, a Stockholm-based legal-AI platform he started in 2023 to help lawyers work alongside AI agents. He holds dual degrees in computer science and business and previously held roles at McKinsey and in venture capital.
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Mentimeter
Mentimeter is a Swedish company based in Stockholm that develops an interactive presentation and audience-engagement platform. Presenters create live polls, quizzes, word clouds and Q&A sessions that audiences respond to from their own devices, used in both business and education settings for meetings, training, lectures and brainstorming. Founded in 2014 by Johnny Warström and Niklas Ingvar, it has expanded internationally; in June 2022 it raised a $42 million Series C round to support growth, including expansion into the United States.
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Mikael Bäck
Mikael Bäck is a Vice President and Corporate Officer at Ericsson, the Swedish multinational telecommunications and networking equipment company headquartered in Stockholm. He is a recognised industry advocate for European digital infrastructure policy, engaging with EU institutions and governments on topics including 5G rollout, 6G development, and open radio access networks. His role at Ericsson encompasses strategic engagement with European policymakers on connectivity, network sovereignty, and the future of wireless infrastructure investment across the continent.
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Natural Cycles
Natural Cycles is a Stockholm-based femtech company founded in 2013 that makes a fertility-awareness app which uses body-temperature data and an algorithm to identify fertile and non-fertile days. It became the first app cleared by the US FDA to be marketed as a form of contraception and also supports users planning pregnancy.
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Navigare Ventures
Navigare Ventures is a Nordic deep tech venture capital firm and fully owned subsidiary of Wallenberg Investments AB, investing at seed and Series A stages in science-driven companies across the Nordic region. Its core investment themes span future of computing, advanced materials, and life science, with a portfolio covering AI, quantum computing, synthetic biology, and nanotechnology. Navigare Ventures is a long-standing partner of the NORDEEP Nordic Deep Tech Business Summit and plays an active role in the broader Nordic innovation landscape.
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Neko Health
Neko Health is a Stockholm-based preventive health company co-founded in 2018 by Hjalmar Nilsonne and Daniel Ek (the Spotify founder). Neko operates clinics that offer AI-powered full-body health scans using proprietary sensors and imaging technology to detect early signs of cardiovascular disease, skin cancer, diabetes, and other conditions. A scan takes about 15 minutes and costs a fraction of traditional medical imaging. The company has raised over $260 million, including a $260 million round in 2024, and is expanding its clinic network across Sweden and the UK. Neko Health represents a new model of proactive, technology-driven healthcare that could reshape how Europeans approach preventive medicine.
