Sweden startup funding in H2 2011
European tech funding raised by Sweden startups during H2 2011.
In H2 2011, 16 startups in Sweden closed 17 funding rounds and raised €141M in equity funding (excluding debt and grants), up 291.4% versus H2 2010. Media was the most active sector, and Almi Invest was the most active investor. Data as of 6 Nov 2026.
Equity funding
€141M
+291.4% vs H2 2010 · excl. debt & grants
Funding rounds
17
+30.8% vs H2 2010
Companies
16
Top sector
Media
Rank in Europe
#3
9.6% of European funding
Top-10 round share
99.6%
of disclosed capital
Rounds ≥ €100M
1
Funding by month
€ raised vs rounds, by monthSweden — funding by month, H2 2011 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| 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 € raisedSweden — top sectors by capital, H2 2011 — interactive chart.
Data table
| Sweden — top sectors by capital, H2 2011 | |
|---|---|
| Fintech | €127M |
| E-commerce | €4.7M |
| Marketing | €3.9M |
| Software | €2.2M |
| Cybersecurity | €1.1M |
| Hardware | €1.1M |
| Healthtech | €799k |
| Media | €576k |
Stage mix
by € raisedSweden — stage mix, H2 2011 — interactive chart.
Data table
| Sweden — stage mix, H2 2011 | |
|---|---|
| Series C | €116M |
| Series A | €16M |
| Other | €5.7M |
| Early VC | €1.6M |
| Series B | €1.4M |
| Seed | €555k |
| Grant | €22k |
Top deals
largest disclosed rounds in H2 2011| Company | Stage | Date | Amount |
|---|---|---|---|
| Klarna | Series C | Dec 2011 | €116M |
| iZettle | Series A | Oct 2011 | €11M |
| Wrapp | Series A | Nov 2011 | €3.9M |
| Tail-f Systems | Other | Sep 2011 | €3.6M |
| Apica | Series B | Jul 2011 | €1.4M |
| Zaplox | Other | Nov 2011 | €1.1M |
| SEEC AB | Other | Aug 2011 | €1.0M |
| Ironroad USA | Series A | Sep 2011 | €830k |
| Antrad Medical | Early VC | Aug 2011 | €799k |
| Euroling | Early VC | Oct 2011 | €756k |
| Clipsource | Seed | Aug 2011 | €441k |
| MusicalEar | Seed | Nov 2011 | €86k |
| Foap AB | Seed | Nov 2011 | €28k |
| Foap AB | Grant | Dec 2011 | €22k |
Top investors
most active in H2 2011, by deal count- Almi Invest3 deals
- Industrifonden2 deals
- Creandum2 deals
- Balderton Capital1 deals
- Access Partners1 deals
- DST Global1 deals
- General Atlantic1 deals
- Index Ventures1 deals
- Atomico1 deals