Geographies/Sweden/2011

Sweden startup funding in 2011

European tech funding raised by Sweden startups during 2011.

In 2011, 41 startups in Sweden closed 43 funding rounds and raised €281M in equity funding (excluding debt and grants). Media was the most active sector, and Industrifonden was the most active investor. Data as of 6 Nov 2026.

Equity funding

€281M

excl. debt & grants

Funding rounds

Companies

Top sector

Media

Sweden: last three years

change vs the year before

Year	Equity	Change	Rounds	Change	Debt
2009	€72M	-34.6%	12	-61.3%	—
2010	€76M	+5.4%	23	+91.7%	—
2011	€281M	+272.0%	43	+87.0%	—

Break down 2011 by period

Half-year

H1 H2

Quarters

Rank in Europe

9.2% of European funding

Top-10 round share

88.2%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€29M	5
Feb	€5.5M	3
Mar	€4.7M	3
Apr	€2.9M	4
May	€6.6M	4
Jun	€91M	7
Jul	€1.4M	1
Aug	€2.2M	3
Sep	€4.4M	2
Oct	€12M	3
Nov	€5.1M	4
Dec	€116M	4

Top sectors

by € raised

Data table

	Sweden — top sectors by capital, 2011
Fintech	€128M
Media	€92M
Healthtech	€24M
Energy	€7.9M
Software	€6.2M
Marketing	€6.0M
Cleantech	€5.6M
E-commerce	€4.7M

Stage mix

by € raised

Data table

	Sweden — stage mix, 2011
Series C	€116M
Series D+	€70M
Other	€26M
Early VC	€22M
Growth/Late	€20M
Series A	€18M
Series B	€6.6M
Seed	€3.2M
Grant	€22k

Largest equity rounds

by disclosed amount, 2011

Company	Stage	Date	Amount
Klarna	Series C	Dec 2011	€116M
Spotify	Series D+	Jun 2011	€70M
BONESUPPORT	Growth/Late	Jun 2011	€13M
iZettle	Series A	Oct 2011	€11M
InDex Pharmaceuticals	Other	Jan 2011	€8.3M
X5 Music Group	Early VC	Jan 2011	€7.0M
Akoume	Growth/Late	Jan 2011	€7.0M
Voddler	Early VC	Jan 2011	€6.0M
SelStor	Series B	Feb 2011	€5.3M
Sol Voltaics	Other	Jun 2011	€4.5M

View all 43 Sweden deals in 2011 →

Top investors

most active in 2011, by deal count

Source: Tech.eu Funding Explorer · data as of 6 Nov 2026 · licence CC BY 4.0 · Methodology

← All-time Sweden funding