Sweden
European tech funding profile
Funding over time
2010–2026 · 2026 YTD — € raised vs roundsAI analysis mentioning Sweden
AI-generated · every figure citedUK Hosts Three of the Six Largest Rounds in the Period
Of the six rounds exceeding €800M, three are domiciled in the UK — Pure Data Centres (€2,320M), Isomorphic Labs (€1,793M), and Ineffable Intelligence (€936M) — totalling approximately €5,049M. The rem…
UK captures nearly half of all European capital, led by a single infrastructure round
The UK raised €11,329M across 202 deals, representing 49% of the €23.09B period total. The next largest market, Germany, raised €2,657M — less than a quarter of the UK figure. Pure Data Centres' €2,32…
Sweden and Finland punch above their deal-count weight on capital per round
Sweden recorded 37 deals for €1,508M (~€41M average) and Finland 32 deals for €1,094M (~€34M average). Spain, with the same 71 deals as France, raised only €1,042M (~€15M average) versus France's €2,2…
Sweden and Finland together raised €2.646B from just 71 deals, outpacing France on a per-deal basis
Sweden recorded €1.552B across 39 deals (≈€39.8M avg) and Finland €1.094B across 32 deals (≈€34.2M avg), for a combined €2.646B from 71 deals. France, with 70 deals, raised €2.234B (≈€31.9M avg). The …
Top performing sectors
by € raised| Cleantech | €23B | |
| Fintech | €8.0B | |
| Transportation | €7.3B | |
| Software | €6.2B | |
| Media | €5.2B | |
| Healthtech | €3.2B |
Fastest growing sectors
2025 vs 2024 by € raised| Healthtech | ▲ +277.5% |
| Software | ▲ +149.2% |
| Energy | ▲ +69.3% |
| Fintech | ▲ +18.3% |
| Transportation | ▼ -82.5% |
| Gaming | ▼ -91.2% |
Top sectors
by deal countStage mix
by € raisedTop deals
largest disclosed rounds| Company | Stage | Date | Amount |
|---|---|---|---|
| Northvolt | Debt | Jan 2024 | €4.6B |
| Stegra (H2 Green Steel) | Debt | Jan 2024 | €4.5B |
| Northvolt | Other | Jun 2021 | €2.3B |
| Polestar | Debt | Nov 2022 | €1.6B |
| Stegra (H2 Green Steel) | Other | Sep 2023 | €1.5B |
| Northvolt | Other | Aug 2020 | €1.4B |
| Stegra (H2 Green Steel) | Other | Apr 2026 | €1.2B |
| Northvolt | Debt | Aug 2023 | €1.1B |
| Northvolt | Debt | Dec 2023 | €1.1B |
| Spotify | Other | Feb 2021 | €1.1B |
Top investors
named, by deal count| Almi Invest | 165 |
| Industrifonden | 100 |
| Northzone | 61 |
| Creandum | 58 |
| EQT Ventures | 45 |
| Chalmers Ventures | 44 |
| Luminar Ventures | 36 |
| Inventure | 32 |
| Bonnier Ventures | 28 |
| Antler | 26 |
Top cities
by € raised| Stockholm | €40B | 1,931 | |
| Gothenburg | €5.1B | 213 | |
| Falun | €1.1B | 2 | |
| Malmö | €1.0B | 147 | |
| Linköping | €596M | 43 | |
| Lund | €474M | 118 | |
| Berlin | €420M | 3 | |
| Sigtuna | €365M | 5 |