Sweden startup funding in H2 2012

European tech funding raised by Sweden startups during H2 2012.

In H2 2012, 21 startups in Sweden closed 21 funding rounds and raised €97M in equity funding (excluding debt and grants), down 30.7% versus H2 2011. Media was the most active sector, and Almi Invest was the most active investor. Data as of 6 Nov 2026.

Equity funding

€97M

-30.7% vs H2 2011 · excl. debt & grants

Funding rounds

+23.5% vs H2 2011

Companies

Top sector

Media

Rank in Europe

4.7% of European funding

Top-10 round share

96.6%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jul	€5.1M	3
Aug	€937k	2
Sep	€7.8M	5
Oct	€1.6M	2
Nov	€80M	6
Dec	€2.5M	3

Top sectors

by € raised

Data table

	Sweden — top sectors by capital, H2 2012
Media	€82M
Software	€7.3M
Telecom	€3.2M
Cleantech	€1.8M
Cybersecurity	€1.2M
Legaltech	€1.1M
Cloud	€837k
Hardware	€536k

Stage mix

by € raised

Data table

	Sweden — stage mix, H2 2012
Series D+	€77M
Seed	€7.7M
Series A	€5.0M
Series C	€4.0M
Other	€2.0M
Early VC	€1.9M

Top deals

largest disclosed rounds in H2 2012

Company	Stage	Date	Amount
Spotify	Series D+	Nov 2012	€77M
Apica	Series C	Jul 2012	€4.0M
Fogg Mobile	Series A	Sep 2012	€3.6M
Crunchfish	Seed	Sep 2012	€2.0M
Kivra	Seed	Nov 2012	€1.8M
agreement24 avtal24	Other	Dec 2012	€1.4M
Anyfi Networks	Seed	Sep 2012	€1.2M
Tictail	Seed	Oct 2012	€1.2M
avtal24	Early VC	Dec 2012	€1.1M
Truecaller	Series A	Sep 2012	€1.0M
InCoax Network Europe	Early VC	Aug 2012	€837k
Helishopter	Other	Jul 2012	€630k
Narrative	Seed	Jul 2012	€536k
Foap AB	Seed	Nov 2012	€407k
Incentive	Series A	Oct 2012	€355k

View all 21 Sweden deals in H2 2012 →

Top investors

most active in H2 2012, by deal count

← All 2012 Sweden funding