Geographies/Sweden/2020

Sweden startup funding in 2020

European tech funding raised by Sweden startups during 2020.

In 2020, 231 startups in Sweden raised a combined €6.0B across 249 funding rounds. Software was the most active sector, and Almi Invest was the most active investor. Data as of 21 Aug 2026.

Total funding

€6.0B

disclosed, € normalized

Funding rounds

249

Companies

231

Top sector

Software

Break down 2020 by period

Half-year

H1 H2

Quarters

Q1 Q2 Q3 Q4

Months

Jan Feb Apr May Jun Jul Aug Sep Nov Dec

Rank in Europe

11.6% of European funding

Debt financing

€200M

3.4% of total

Top-10 round share

64.7%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top sectors

by € raised

Top deals

largest disclosed rounds in 2020

Company	Stage	Date	Amount
Northvolt	Other	Aug 2020	€1.4B
Klarna	Growth/Late	Sep 2020	€547M
Northvolt	Other	Sep 2020	€514M
Stillfront	Growth/Late	Dec 2020

View all 249 Sweden deals in 2020 →

Top investors

most active in 2020, by deal count

← All-time Sweden funding

Exits & M&A

27 Acquisition · 2 IPO · 2 Buyout

35 exits · €2.9B disclosed.

NetEnt	Unknown	Sep 2020	€1.9B
Bisnode	Acquisition	Jul 2020	€693M
Nordic Nest	Acquisition	Dec 2020	€165M
Enad Global 7	IPO	Dec 2020	€165M
TimeEdit	Acquisition	Nov 2020	€10M
Apprope	Acquisition	Dec 2020	€5.0M