Sweden startup funding in Q2 2011

European tech funding raised by Sweden startups during Q2 2011.

In Q2 2011, 15 startups in Sweden closed 15 funding rounds and raised €101M in equity funding (excluding debt and grants), up 933.8% versus Q2 2010. Media was the most active sector, and Industrifonden was the most active investor. Data as of 6 Nov 2026.

Equity funding

€101M

+933.8% vs Q2 2010 · excl. debt & grants

Funding rounds

+400.0% vs Q2 2010

Companies

Top sector

Media

Rank in Europe

12.2% of European funding

Top-10 round share

99.2%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Apr	€2.9M	4
May	€6.6M	4
Jun	€91M	7

Top sectors

by € raised

Data table

	Sweden — top sectors by capital, Q2 2011
Media	€71M
Healthtech	€15M
Cleantech	€4.5M
Energy	€4.5M
Software	€3.8M
Marketing	€2.1M
Fashion	€1.4M
Fintech	€1.0M

Stage mix

by € raised

Data table

	Sweden — stage mix, Q2 2011
Series D+	€70M
Growth/Late	€13M
Other	€12M
Seed	€2.5M
Series A	€2.1M
Early VC	€1.7M

Top deals

largest disclosed rounds in Q2 2011

Company	Stage	Date	Amount
Spotify	Series D+	Jun 2011	€70M
BONESUPPORT	Growth/Late	Jun 2011	€13M
Sol Voltaics	Other	Jun 2011	€4.5M
Keybroker	Other	May 2011	€4.3M
Burt	Seed	Jun 2011	€2.1M
Apica	Early VC	Jun 2011	€1.7M
Looklet	Other	Apr 2011	€1.4M
The Local	Series A	Apr 2011	€1.1M
Scint-X	Other	May 2011	€1.1M
BehavioSec	Series A	May 2011	€1.0M
Coffee N'JUICE	Other	Apr 2011	€405k
Global Media Bank	Seed	Jun 2011	€209k
education To Sleep	Seed	May 2011	€168k

View all 15 Sweden deals in Q2 2011 →

Top investors

most active in Q2 2011, by deal count

← All 2011 Sweden funding