Sweden startup funding in H1 2011

European tech funding raised by Sweden startups during H1 2011.

In H1 2011, 26 startups in Sweden closed 26 funding rounds and raised €140M in equity funding (excluding debt and grants), up 254.3% versus H1 2010. Media was the most active sector, and Industrifonden was the most active investor. Data as of 6 Nov 2026.

Equity funding

€140M

+254.3% vs H1 2010 · excl. debt & grants

Funding rounds

+160.0% vs H1 2010

Companies

Top sector

Media

Rank in Europe

8.9% of European funding

Top-10 round share

91.8%

of disclosed capital

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

Top sectors

by € raised

Data table

	Sweden — top sectors by capital, H1 2011
Media	€91M
Healthtech	€23M
Energy	€7.9M
Cleantech	€5.6M
Software	€4.0M
Marketing	€2.1M
Fashion	€1.4M
Fintech	€1.0M

Stage mix

by € raised

Data table

	Sweden — stage mix, H1 2011
Series D+	€70M
Growth/Late	€20M
Other	€20M
Early VC	€20M
Series B	€5.3M
Seed	€2.7M
Series A	€2.1M

Top deals

largest disclosed rounds in H1 2011

Company	Stage	Date	Amount
Spotify	Series D+	Jun 2011	€70M
BONESUPPORT	Growth/Late	Jun 2011	€13M
InDex Pharmaceuticals	Other	Jan 2011	€8.3M
Akoume	Growth/Late	Jan 2011	€7.0M
X5 Music Group	Early VC	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
Keybroker	Other	May 2011	€4.3M
Airec	Early VC	Mar 2011	€3.4M
Burt	Seed	Jun 2011	€2.1M
Apica	Early VC	Jun 2011	€1.7M
Looklet	Other	Apr 2011	€1.4M
Aluwave	Early VC	Mar 2011	€1.1M
The Local	Series A	Apr 2011	€1.1M

View all 26 Sweden deals in H1 2011 →

Top investors

most active in H1 2011, by deal count

← All 2011 Sweden funding