Startup in Sweden
Every startup record the directory holds in Sweden.
Showing 21–40 of 40 Startup · Sweden
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Startup · Sweden results
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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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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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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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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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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.
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Normative
Normative is a Stockholm-based climate-tech company founded in 2014 that provides carbon accounting software, helping companies measure their full greenhouse-gas footprint, including scope 3 supply-chain emissions, and produce science-based reduction plans and regulatory reports. It co-founded the SME Climate Hub together with the United Nations and works with enterprise customers across Europe.
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Northvolt
Northvolt is one of the most consequential climate-tech companies ever built in Europe because it attempted to establish a continental battery manufacturing base for the electric era. The company became a flagship industrial project by combining battery-cell production, recycling ambitions, and strategic partnerships with European automotive and industrial players. That vision mattered well beyond Sweden: Northvolt symbolized Europe's effort to reduce dependence on external battery supply chains and to anchor advanced manufacturing capacity closer to regional customers. Its story is also a reminder that deep industrial startups operate under very different constraints than software companies. Battery manufacturing requires enormous capex, long build cycles, complex procurement, and tight execution across energy, materials, logistics, and customer contracts. Even with that complexity and its later financial distress, Northvolt remains central to understanding Europe's climate and industrial-tech ecosystem because it reset expectations for how ambitious startup-backed manufacturing on the continent could be. In directory terms, Northvolt broadens the picture beyond software and marketplaces by representing the hardware-heavy, infrastructure-scale side of innovation that shapes the future of transport, energy resilience, and industrial policy across Europe.
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Oplane
Agentic security platform that automates threat modelling for engineering teams using AI coding tools like Cursor and GitHub Copilot. Continuously maps codebase architecture, flags security risks and delivers contextual remediations in developer workflows; in production at Miro and Tandem Health.
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Sana
Sana (Sana Labs) is a Stockholm-based AI company founded in 2016 that builds an enterprise platform combining AI agents, enterprise search and learning tools. Its products include Sana, for AI agents and enterprise search, and Sana Learn, a learning and content-creation platform used by organisations to access knowledge, automate work and learn with agentic AI. Backed by investors including NEA, Menlo Ventures and EQT Ventures, the company reached over $130M in total funding before Workday announced a definitive agreement to acquire it for approximately $1.1 billion in September 2025.
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ScandiBio Therapeutics
ScandiBio Therapeutics is a Stockholm-based pharmaceutical company developing AI-driven drugs that target mitochondrial dysfunction, a factor implicated in neurodegenerative disorders and metabolic syndromes. Its lead product has entered a randomized, double-blind, placebo-controlled Phase III clinical trial in Turkey for patients with mild, moderate, and severe Alzheimer's disease, and has also completed Phase II trials in fatty liver patients and Phase III trials in COVID-19 patients. The company was founded by scientists affiliated with KTH Royal Institute of Technology, Karolinska Institutet, Sahlgrenska University Hospital, and King's College London.
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Spotify
Spotify is the world's largest audio streaming platform, offering music, podcasts, and audiobooks to over 600 million users including 230+ million paid subscribers across 180+ markets. Founded in Stockholm in 2006 by Daniel Ek and Martin Lorentzon, Spotify went public on the NYSE in 2018 and has fundamentally transformed the global music industry. The company pioneered the freemium streaming model and continues to expand into new audio formats, creator tools, and advertising technology. Spotify is often considered Europe's most iconic consumer tech company.
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Stegra
Stegra (formerly H2 Green Steel) is one of Europe’s most ambitious industrial decarbonization projects, aiming to rebuild steelmaking around renewable energy and green hydrogen. The company is building a fully integrated production campus in Boden, northern Sweden, where abundant hydropower and regional mining supply chains converge. The core innovation is the direct-reduction process: instead of using coal to reduce iron ore, Stegra uses green hydrogen, cutting CO2 emissions by roughly 95% compared with blast-furnace steel. That technical shift is the foundation for a new European supply of low-carbon steel, which is increasingly demanded by automakers, construction firms, and consumer brands. The company rebranded to Stegra in September 2024 to signal that it is more than a steel mill. Its long-term platform vision is to combine renewable power, hydrogen production, and mineral processing into a repeatable template for heavy industry. By 2026, the Boden plant is reported to be more than halfway constructed, with gigascale electrolyzers (supplied by Thyssenkrupp Nucera) being installed and key offtake contracts signed. Customers reportedly include Porsche, Mercedes-Benz, Scania, and IKEA, and more than half of initial output has been pre-sold — a strong indicator that the “green premium” market is real. Stegra’s financing structure is as notable as its technology. Rather than relying solely on venture capital, the company blends project-finance debt with growth equity, totaling more than €6.5 billion in commitments. This makes it one of the largest private industrial raises in Europe and a flagship case for climate infrastructure funding. Its origins are tied to Vargas Holding, a Swedish venture-builder that also co-founded Northvolt and Polarium, acting as an institutional co-founder rather than a conventional accelerator. Early support from EIT InnoEnergy helped validate the project at the EU level. Stegra’s investor roster reflects its strategic importance: Altor Equity Partners, GIC, Just Climate, Temasek, and Porsche SE are among its backers. In 2026, Stegra represents the “Northvolt effect” done right: a proof that Europe can re-industrialize around clean energy and keep advanced manufacturing on the continent. If it succeeds, it will be a template for decarbonizing other hard-to-abate sectors, from cement to fertilizers, and a cornerstone of Europe’s green-industry competitiveness.
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Stravito
Stravito is a Stockholm-based AI-powered insights intelligence platform that centralises consumer, market, and business research for large enterprises. The company unifies an organisation's existing research in one secure space and pairs AI with human expertise to make insights fast and easy to access for better decision-making. Its product includes an Insight Library, an AI Assistant, and AI Personas that turn segmentation research into interactive consumer profiles. Founded in 2017 by former iZettle employees, Stravito serves enterprise brands including Nestlé, Unilever, Danone, and Comcast.
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Tandem Health
Stockholm-based AI medical scribe that listens to doctor-patient consultations and generates structured clinical notes in real time, reducing physician documentation time by up to 70%. Raised a $50M Series A led by Kinnevik in 2026.
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Tink
Tink is an open banking platform headquartered in Stockholm, founded in 2012 by Daniel Kjellén and Fredrik Hedberg. It provides open banking APIs and services that let banks, fintechs and merchants access financial data and build their own financial products. Originally a consumer financial-management app, Tink pivoted to offer its technology to other businesses, becoming one of Europe's open banking infrastructure providers. In June 2021 Visa agreed to acquire Tink for approximately €1.8 billion, completing the deal in 2022, after which Tink became wholly owned by Visa while retaining its brand.
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Truecaller
Truecaller is a Stockholm-based company that develops a mobile caller-identification, spam-blocking and call/SMS-management app for Android and iOS. Founded in 2009 by Alan Mamedi and Nami Zarringhalam, the app lets users identify unknown callers and filter spam, with India being its largest market. The company listed its Class B shares on Nasdaq Stockholm in October 2021 and has grown to roughly 500 million active users, while expanding into adjacent data services.
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Trustly
Trustly is a Stockholm-based open banking payments company founded in 2008 that enables merchants to accept direct bank payments from consumers without cards, apps, or registration. The platform connects to over 8,000 banks across Europe and North America, powering pay-by-bank experiences for e-commerce, financial services, gaming, and travel companies. Nordic Capital acquired a majority stake in 2018 and the company has grown rapidly, processing tens of billions in payment volume annually. Trustly is a key player in Europe's open banking ecosystem and the broader shift away from card-based payments.
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Voi
Voi Technology is a Stockholm-based micromobility company founded in 2018 that operates shared electric scooters and e-bikes across more than 100 European cities, partnering with municipalities under a permit-based, heavily regulated model. It is one of Europe's largest e-scooter operators and has emphasised sustainability and unit economics, reporting adjusted profitability in recent years.
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Voi Technology
Voi Technology is a Swedish micromobility company headquartered in Stockholm that operates shared electric scooters and e-bikes across European cities. Founded in 2018, it was one of the first electric scooter operators to launch in Europe, partnering with cities to provide app-based, dockless vehicle rentals as a sustainable alternative for short urban trips. The company reported reaching profitability in 2024 and has scaled to nearly 1,000 employees across multiple European countries, raising financing through both equity rounds and bond issuances.
