Sweden startup funding in Q4 2014

European tech funding raised by Sweden startups during Q4 2014.

In Q4 2014, 18 startups in Sweden closed 18 funding rounds and raised €100M in equity funding (excluding debt and grants), down 48.8% versus Q4 2013. Debt rounds added €79k. Fintech was the most active sector, and Northzone was the most active investor. Data as of 6 Nov 2026.

Equity funding

€100M

-48.8% vs Q4 2013 · excl. debt & grants · +€79k debt

Funding rounds

+63.6% vs Q4 2013

Companies

Top sector

Fintech

Rank in Europe

4.5% of European funding

Debt financing

€79k

0.1% of total

Top-10 round share

99.5%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Oct	€49M	7
Nov	€43M	6
Dec	€8.1M	5

Top sectors

by € raised

Data table

	Sweden — top sectors by capital, Q4 2014
Telecom	€49M
Fintech	€29M
E-commerce	€16M
Cybersecurity	€5.0M
Media	€4.8M
Software	€1.1M
Travel	€575k
HRtech	€108k

Stage mix

by € raised

Data table

	Sweden — stage mix, Q4 2014
Series C	€48M
Growth/Late	€39M
Series B	€5.0M
Seed	€4.9M
Other	€2.4M
Early VC	€795k
Debt	€79k

Exits & M&A

1 Acquisition

1 exit · €7.8M disclosed.

Valhalla

Acquisition

Nov 2014

€7.8M

Top deals

largest disclosed rounds in Q4 2014

Company	Stage	Date	Amount
Truecaller	Series C	Oct 2014	€48M
Trustly	Growth/Late	Nov 2014	€23M
Fyndiq	Growth/Late	Nov 2014	€16M
BehavioSec	Series B	Dec 2014	€5.0M
Crunchfish	Seed	Nov 2014	€3.0M
Foap AB	Other	Dec 2014	€1.8M
Qapital	Seed	Dec 2014	€1.2M
Instabridge	Early VC	Oct 2014	€795k
Rentals United	Other	Nov 2014	€575k
46elks	Seed	Oct 2014	€284k
Its in the Node AB	Seed	Nov 2014	€216k
Selfiejobs	Seed	Nov 2014	€108k
Codarica	Debt	Oct 2014	€79k
Simpliday / Flo.do	Seed	Dec 2014	€75k

View all 18 Sweden deals in Q4 2014 →

Top investors

most active in Q4 2014, by deal count

← All 2014 Sweden funding