Sweden startup funding in H1 2024

European tech funding raised by Sweden startups during H1 2024.

In H1 2024, 88 startups in Sweden raised a combined €13B across 90 funding rounds, up 905.7% versus H1 2023. Software was the most active sector, and Industrifonden was the most active investor. Data as of 9 Jul 2026.

Total funding

€13B

+905.7% vs H1 2023

Funding rounds

+5.9% vs H1 2023

Companies

Top sector

Software

Rank in Europe

25.3% of European funding

Debt financing

€11B

84.6% of total

Top-10 round share

95.3%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top sectors

by € raised

Stage mix

by € raised

Top deals

largest disclosed rounds in H1 2024

Company	Stage	Date	Amount
Northvolt	Debt	Jan 2024	€4.6B
Stegra (H2 Green Steel)	Debt	Jan 2024	€4.5B
Northvolt	Grant	Jan 2024	€902M
Polestar	Debt	Feb 2024

View all 90 Sweden deals in H1 2024 →

Top investors

most active in H1 2024, by deal count

Industrifonden5 deals
Chalmers Ventures4 deals
Almi Invest Greentech3 deals
Norrsken Launcher3 deals
Norrsken VC3 deals
J12 Ventures2 deals
EQT Ventures2 deals
European Investment Bank (EIB)2 deals
BNP Paribas2 deals
Voima Ventures2 deals

← All 2024 Sweden funding

Sportadmin	Acquisition	Jan 2024	€13M
Apotea	Acquisition	Jan 2024	€12M