A global proprietary investment firm backed by Fidelity. Startup hubs shouldn’t just be interested in taking equity in companies and just provide a desk. Just like we’ve seen with early startup successes like Skype, Yubico, Stardoll and Spotify, it is likely that we will also see current employees of the Swedish startups making waves internationally, moving on to set up their own businesses. (Source: Alfvén & Didrikson), Almi Invest (Stockholm): A public sector independent venture capital company is to be a bridge to private capital and contribute to a functioning venture capital market throughout the country. Notable investments include Spotify, Wrapp, Cint, Edgeware, iZettle, Vivino, Videoplaza, and 13th Lab. EQT Ventures is a multi-stage €566 million VC fund, part of EQT, a leading investment firm. The fund invests in two stages: first, all companies will be provided with a seed round up to SEK 500 000 on a valuation of up to SEK 10 million and after participating in the accelerator program, there’s the option for a follow on investment of another SEK 2-10 million in a Series A round. Propel Capital invests only in Sting companies and the investment size is normally SEK 400,000 (Sting Accelerate companies are guaranteed an investment and a selection of Sting Incubate companies receives an investment after evaluation). (Source: Spintop Ventures), Standout Capital (Stockholm): Standout Capital is a private equity firm investing in growing Nordic tech companies, with a typical investment size of SEK 50-150 million (EUR 5-15 million) per company. Founded by the Swedish government in 1979 to support industrial development but switched to venture capital investments in 1996, Industrifonden is one of the larger venture capital firms in the Nordics, with US$600 million in assets. A collaborative 1500 square meter co-working space shared by 280 people. Backed by the Swedish venture capital firm Wellstreet, the Factory’s top-class infrastructure was planned to host 1400+ people, 100+ startups and scaleups, VCs, a tech school, labs, and innovation centers. Only 25 companies are accepted per year in a very selective process. Based in Stockholm, Sweden, Inbox Capital is a family-owned investor with a main focus on disruptive and scaleup tech companies. Have someone in mind? DHS, which stands for Diplomerad från Handelsögskolan i Stockholm, is an exclusive network founded by a group of Stockholm School of Economics alumni dedicated to supporting the next generation of great entrepreneurs. Antler inaugurated a Stockholm cohort in Spring 2019. - Julio Tiusanen: CEO & co-founder of Platonics, a startup based in Espoo, Finland, whose product is 3D printers for architects demanding the highest performance with … Atomico partners with ambitious tech founders at Series A and beyond with a particular focus on Europe. Spanning over 2000m2, the space provides full facilities for members, coupled with top-notch workshops, events and a Startup Café. Notable Sting alumni include Karma, Sellpy, and Watty. It does not invest in seed or early stage, or sectors like biotech, cleantech or gambling. 121 Stockholm Startups to Watch in 2021 Stockholm's tech sector is booming. Via the platform, startups can get assistance with their recruitment of talent, connection with investors and access best practice tools (e.g. KTH Innovation is the entrepreneurship centre of KTH Royal Institute of Technology, offering a structured pre-incubator program as well as services related to business development, patents and law, funding and project management. (Source: EU-Startups), KTH Innovation (Stockholm): KTH Innovation is the entrepreneurship centre of KTH Royal Institute of Technology, offering a structured pre-incubator program as well as services related to business development, patents and law, funding and project management. It’s known for its voluntary RFID implants with whom members can unlock doors, access printers, and pay cashless at vending machines. Things is a coworking space for hardware startups, focusing on IoT, automation, robotics, 3D scanning/printing and energy. A Stockholm based accelerator and early-stage investor with a SEK 100 million fund that twice a year invests in up to 10 startups at a time. It typically invests in tech companies for amounts between €3 million and €75 million, with a geographical focus on Europe and the US. Alfvén & Didrikson is an active and long term backer of passionate entrepreneurs and teams with international growth ambitions. A large volume of European music is written and produced by Swedes and the country’s musical exports are some of the largest in the world in relation to GDP. Already adopted by many large international digital corporates, the company was started by two founders with truly complementary skills. Entrepreneur-centered support for promising founders with grand ambitions. It does not invest in seed or early stage, or sectors like biotech, cleantech or gambling. The fund invests in two stages: first, all companies will be provided with a seed round up to SEK 500 000 on a valuation of up to SEK 10 million and after participating in the accelerator program, there’s the option for a follow on investment of another SEK 2-10 million in a Series A round. Notable investments include Oden Technologies, Holidu, Riskmethods, Min Doktor, Wolt, Verto Analytics, Unomaly, 3D Hubs, Watty, and more. The corporate venture capital arm of Swedish bank SEB. The founding chapter in Stockholm was opened in the beginning of 2016. The Hub is a free-of-charge community platform tailored to the needs of growth startups. Founded in 1996, it has invested in over 130 companies, including Spotify and iZettle. (Source: EU-Startups), SUP46 (Stockholm): Known to be the home of the Stockholm’s startup community and the key meeting point for all startup enthusiasts, SUP46 functions as a membership-based community, where members are cherry-picked and offered funding, mentorship and coworking space. The cities with the most vibrant startup ecosystems in Sweden are Stockholm, Gothenburg and Malmö. (Source: Oxx), Propel Capital (Stockholm): Linked to accelerator program Sting is Propel Capital, which, with about 100 companies in the portfolio, is an active private seed investor in Swedish tech startups. The Factory is the largest innovation and tech hub in the Nordics. Founded in 2017 by prominent members of Sweden’s technology, investment and music communities, Amplify is Sweden’s first music tech-oriented startup incubator, supporting young entrepreneurs who are trying to incorporate music elements into their tech business. Over the years, Almi Invest has co-invested with over 1,000 business angels and institutional investors. A range of initiatives aimed at boosting the ecosystem. Best networking opportunity in the city. Almi Invest is part-financed by the EU, Almi Corporate Partners and regional organizations. The welfare system has provided a healthy safety net for those wanting to start a business. By submitting you agree to your email address being stored and used to receive this newsletter. The guest editor is not responsible for content within the Country Snapshot and Community sections, as much of this content is compiled from external sources and does not necessarily reflect the guest editor’s view. (Source: EU-Startups), SU Incubator (Stockholm): SU Incubator develops and accelerates innovative business ideas from researchers, students, alumni and employees at Stockholm University. (Source: SynerLeap), Antler Stockholm (Stockholm): A global startup generator enabling the world’s most exceptional people - regardless of background - to build global businesses from scratch. Berlin’s startup landscape Page / 7 500 200 50 0 With a total of €435 million raised, 75 investments in their portfolio, in seed, Series A and later stage rounds, Creandum is the first stop for any entrepreneur. From this breeding ground, and in combination with the software engineering education and tradition, several music tech companies have been developed such as Spotify, Soundcloud and Epidemic Sound. Notable investments include Oden Technologies, Holidu, Riskmethods, Min Doktor, Wolt, Verto Analytics, Unomaly, 3D Hubs, Watty, and more. Known as the “Creative Davos”, the conference is available by invitation or through very pricey tickets. Editor’s pick of which ‘Featured Startup’ is especially worth following and why. The Hub gives an overview of the Swedish and Nordic startup community by providing visibility to all Swedish startups. (Source: EU-Startups), The Park (Stockholm): A personal and creative co-working space with offices, event areas & conference rooms at three attractive addresses in Stockholm. (Source: EU-Startups), Almi: Almi Företagspartner AB is owned by the state and is the parent company of a group of 16 regional subsidiaries and the sub-group Almi Invest. Part of Tillväxtverket. Yubico has also attracted some of the most prestigious investors such as Andreessen Horowitz. Stockholm, Gothenburg, Malmö, Luleå, Linköping, UK, Germany, USA, Finland, Norway, Denmark. A pre-seed and seed stage fund that spends at least one day a week with portfolio companies to help set up the early team, strategy and sales. Connect is a private non-profit initiative. (Source: Luminar Ventures), Monterro (Stockholm): Based in Stockholm, Monterro is a hand-on growth investor targeting software companies in the Nordic region. Propel Capital invests only in Sting companies and the investment size is normally SEK 400,000 (Sting Accelerate companies are guaranteed an investment and a selection of Sting Incubate companies receives an investment after evaluation). The Growth Agency is a government agency under the Ministry of Trade and Industry. Network connectivity within and between the ecosystems is the single most important contributor to growth . As a community we share experiences and work together on joint projects for transnational ecosystems ! Dynamic startup ecosystems breed new startups that create 2/3 of new jobs, attract international talent and foreign direct investments. Guest editors are local ecosystem leaders: successful founders, investors, or thought leaders. It offers, through a tailor-made incubator program, business development support and a personal business coach, as well as workplace, infrastructure, and networking opportunities. They’re based in London, but have an office in Stockholm. (Source: Almi Invest), Atomico Sweden (Stockholm): Atomico partners with ambitious tech founders at Series A and beyond with a particular focus on Europe. The fund makes about 50 new investments per year and manages about SEK 3 billion total. DEEPSEA continues the success story of the first global startup ecosystem accelerator program we launched in 2018. Sweden has one of Europe’s most active startup ecosystems, with higher investment volume in tech startups per capita than any other country on the continent. We run national and international accelerator programs – bootcamps, organize Sweden Demo Day – Sweden’s largest unconference event for the tech ecosystem and host activities at international tech events. Atomico's annual report “The State of European Tech” ranked Malmö as one of the top 20 European cities for capital invested in 2020. Notable Sting alumni include Karma, Sellpy, and Watty. The country has incubated some of the best startups that are widely popular and has made a huge mark in the world stage. To become globally competitive as a startup ecosystem, we need to continue our work to attract and retain international talent, and this I predict will remain a key challenge over the next few years. Here the opportunities of digitalization are developed, tested and showcased in an urban environment. It primarily invests in Nordic unlisted companies seeking growth capital. (Source: Northzone), Oxx (Stockholm): Oxx provides scale up capital for B2B software companies with great traction. However, other startup ecosystems exist and thrive in many other American metropolitan areas such as Boston, New York, Seattle, Los Angeles, Chicago, and Austin. Known to be the home of the Stockholm’s startup community and the key meeting point for all startup enthusiasts, SUP46 functions as a membership-based community, where members are cherry-picked and offered funding, mentorship and coworking space. Every month the Swedish startup community gathers and talks about current and future developments in the ecosystem, coupled with special guests speakers and a small pitching competition. (Source: Walerud Ventures), Wellstreet Ventures (Stockholm): Wellstreet Ventures is the venture arm of the Wellstreet Group, an investment company, a strategic consultancy firm and a venture building incubator. Here the opportunities of digitalization are developed, tested and showcased in an urban environment. Known as the leading Nordic venture capital firm, Creandum is investing in startups focusing on consumer internet, software, and hardware sectors. The Hub gives an overview of the Swedish and Nordic startup community by providing visibility to all Swedish startups. The historic agreement between unions and employer federations for high minimum salaries, has “forced” corporations and the public sector to be very active with digitalization to stay competitive. The subscription management software tool Minna Technologies has raised €15.5 million in Series B fundraising led by Element Ventures, with support from MiddleGame Ventures, Nineyards, Budbee, a Stockholm, Sweden-based ‘logtech’ startup which offers a sustainably-focused last-mile delivery service, this morning announced that it has raised 525 million Swedish krona (roughly, Swedish impact investor Norrsken Foundation is launching an eight-week impact accelerator this year. AI Sweden Startup Program is here to support you in … (Source: Sweet Capital), Walerud Ventures (Stockholm): A pre-seed and seed stage fund that spends at least one day a week with portfolio companies to help set up the early team, strategy and sales. SU Incubator develops and accelerates innovative business ideas from researchers, students, alumni and employees at Stockholm University. The US has b… Wellstreet Ventures is one of Scandinavia’s most active investors in seed and early-stage startups, typically investing in technology, fintech, e-commerce, digital marketing, and logistics. The fund makes about 50 new investments per year and manages about SEK 3 billion total. This, combined with the emerging market for impact technology, will make the next three to five years an exciting time for our startup community. Sign up for the Startup Universal newsletter for the latest locally-sourced news and insights covering startups globally. Almi Invest is part-financed by the EU, Almi Corporate Partners and regional organizations. Every month the Swedish startup community gathers and talks about current and future developments in the ecosystem, coupled with special guests speakers and a small pitching competition. Let us know. Connect Sverige: Connect is a private non-profit initiative. a docuseries created by Startup Sweden and Tillväxtverket, showcasing astonishing organisations - and people - driving local startup ecosystems forward throughout Sweden. SynerLeap offers mentorship, investments, and a unique access to Swedish robotics corporation ABB’s networks, clients and technology. Almi Invest AB is wholly owned by the Parent Company and conducts venture capital operations. Almi Invest is owned by Almi Corporate Partners and ultimately by the Swedish state. Invests in European tech and healthcare startups. The SISS Hub. As part of the Clinton Climate Initiative, Stockholm Royal Seaport will be developed as the first city district in the world with full-scale smart grids. Invests in technology startups across the Cleantech, Foodtech, and Healthtech. (Source: EU-Startups), SynerLeap (Västerås): SynerLeap offers mentorship, investments, and a unique access to Swedish robotics corporation ABB’s networks, clients and technology. This should come as no surprise, as the United States has the biggest economy of any nation in the world. As a financially driven corporate venture investor, it makes minority investments in fast growing digital technology companies across multiple growth stages with a stronghold in the Nordics and ambition to scale globally. (Source: EU-Startups), Inventure (Finland): A Nordic technology fund backing early-stage entrepreneurs. A range of initiatives aimed at boosting the ecosystem. Our combined efforts will lead to more companies becoming successful. Machine Learning, Artificial Intelligene Stockholm, Edtech, Artificial Intelligence Stockholm, 3D Printing, Advanced Manufacturing Stockholm. Almi Invest is owned by Almi Corporate Partners and ultimately by the Swedish state. This insightful analysis sheds light on what is the current state of European ecosystems around entrepreneurial mindset, tech community, talent, capital flows and success stories. Come together and meet the whole ecosystem for a full day created by its participants. As a financially driven corporate venture investor, it makes minority investments in fast growing digital technology companies across multiple growth stages with a stronghold in the Nordics and ambition to scale globally. (Source: Eight Roads), EQT Ventures (Stockholm): EQT Ventures is a multi-stage €566 million VC fund, part of EQT, a leading investment firm. Known as the “Creative Davos”, the conference is available by invitation or through very pricey tickets. The founding chapter in Stockholm was opened in the beginning of 2016. Not only in Stockholm, but across the whole of Sweden, technology companies in our country of around 10 million people have seen a disproportionate level of success in exporting products and services internationally. One of the biggest startup gatherings in Europe, STHLM tech fest is an annual meetup platform for hundreds of tech entrepreneurs, founders, investors, designers, developers, and journalists, with a variety of talks and panel discussions and networking opportunities for fellow startup enthusiasts. (Source: EU-Startups), The Springfield Project (Stockholm): A Stockholm based accelerator and early-stage investor with a SEK 100 million fund that twice a year invests in up to 10 startups at a time. (Source: Keiretsu Forum), Kichi Invest (Stockholm): Kichi Invest is a private investment company owned by Fredrik Wester, CEO and founder of Swedish gaming company Paradox Interactive. A public sector independent venture capital company is to be a bridge to private capital and contribute to a functioning venture capital market throughout the country. Last year, AIIMs Delhi and AIIMS Jodhpur, together with Business Sweden, launched the India- Sweden Healthcare Innovation Centre, to create a cross country ecosystem of open innovation and to provide the opportunity for start-ups and health workers to resolve current and future challenges in healthcare. Kichi Invest is a private investment company owned by Fredrik Wester, CEO and founder of Swedish gaming company Paradox Interactive. Placed in a retrofitted tram depot in central Stockholm, the one-stop-shop for social innovation provides top-notch infrastructure such as coworking space, meeting rooms, Skype booths, event space, playrooms, a meditation room, lounge area, kitchen, and much more. Nordic.js is an international two-day Javascript conference with talks by internationally renowned speakers and rising stars in the JavaScript community. Butterfly Ventures is a seed stage fund founded in 2012. (Source: Creathor Ventures), DHS Venture Partners (Stockholm): DHS, which stands for Diplomerad från Handelsögskolan i Stockholm, is an exclusive network founded by a group of Stockholm School of Economics alumni dedicated to supporting the next generation of great entrepreneurs. Every month the Swedish startup community gathers and talks about current and future developments in the ecosystem, coupled with special guests speakers and a small pitching competition. Stockholm, Sweden Startup Map has 246 startups, and the most popular startups in Stockholm, Sweden are Spotify, Soundcloud and Truecaller. (Source: EU-Startups), STHLM Tech Fest (Stockholm): One of the biggest startup gatherings in Europe, STHLM tech fest is an annual meetup platform for hundreds of tech entrepreneurs, founders, investors, designers, developers, and journalists, with a variety of talks and panel discussions and networking opportunities for fellow startup enthusiasts. (Source: Nordic Makers), Northzone (Stockholm): Northzone is an early stage venture capital fund. The Atlantic has more. It’s known for its voluntary RFID implants with whom members can unlock doors, access printers, and pay cashless at vending machines. It has the government's mission to promote sustainable business development and regional growth and to implement structural fund programs. (Source: EU-Startups), Zenith Capital (Stockholm): The Zenith Group currently has three streamlined investment strategies under the same roof: Venture Capital (start-up company), Growth (growth company) and Real Estate (real estate funds). Since the start of The Springfield Project in the fall of 2014, it has invested in 32 companies. What's in it. edition of the Startup Europe (SE) initiative under the Horizon 2020 EU Research and Innovation programme. With a total of €435 million raised, 75 investments in their portfolio, in seed, Series A and later stage rounds, Creandum is the first stop for any entrepreneur. The largest startup ecosystem in the world is based around Silicon Valley and the San Francisco-Bay Area. They’re based in London, but have an office in Stockholm. In 2018 the Swedish startup, which facilitates video calls to doctors or psychologists, raised €53m in a round was led by Index Ventures with Accel, Creandum and Project A. The aim is to help the students, researchers and employees at KTH commercialize their research results and business ideas. Sting Day is an exclusive, invitation-only demo day event for 400 carefully selected guests, including 60 selected startups from all over Sweden and 200 investors from 15 countries. A Nordic technology fund backing early-stage entrepreneurs. (Source: The Springfield Project), Epicenter (Stockholm): Epicenter is Stockholm’s first digital House of Innovation and runs innovation labs, hackathons, ideathons and offers flexible workplaces, studios, meetings rooms as well as world-class workshops and international lectures all year long. What makes our country unique, however, is its good reputation when it comes to quality of life, gender equality, work/life balance, generous holidays, and extensive parental leave, which certainly does help convince talented workers to come, live, and work in Sweden. Stockholm is widely recognized as one of the most innovative regions in the world – let us help you discover why. The decision to build a startup hub within the Swedish accelerator ecosystem instead of just opening a co-working space was an easy one to make, but there are certain qualities that a startup hub needs to have. The Swedish Energy Innovation Ecosystem Report is the result of our cooperation with the World Energy Council and the Swedish Energy Agency. Why Swedish-style startup management can help boost team morale and motivation in COVID-19 crisis, Swedish startup Minna Technologies raises €15.5 million to help retail banks enable their subscription management offering, Sweden’s Budbee scores €52 million for its sustainable last-mile delivery service, Building the first sustainability unicorn, Qamcom will bring Arbe’s 4D imaging radar to trucks, mines, and farms, The 20 Most Trending Stories from the Bulgarian Startup Ecosystem in 2020, The missing piece in Babylon Health’s $550m round, Swedish digital vet FirstVet launches in the US, supported by new €29.5 million funding round, The Babylon Health of pets raises €30m to go west, Sweden-based Juni raises €2 million to improve banking for e-commerce and online marketing entrepreneurs, Swedish brain health startup Mendi secures €3 million via crowdfunding. *Updated with latest available data based on listed source. (Source: Invest Stockholm), RISE: RISE's mission is to promote sustainable growth in Sweden by strengthening the competitiveness and renewal of the business community and contributing to an innovative development of society. It invests in companies with an established business, typically with revenues of SEK 50-250 million (EUR 5-25 million) and proven profitability. (Source: EU-Startups), Nordic.js (Stockholm): Nordic.js is an international two-day Javascript conference with talks by internationally renowned speakers and rising stars in the JavaScript community. Atomico, the venture capital firm, and Slush, a startup event organizer, have teamed up to create the “The State of European Tech.” . Some reasons are: policy changes; deregulation; lowered tax rates; early internet access. Linked to accelerator program Sting is Propel Capital, which, with about 100 companies in the portfolio, is an active private seed investor in Swedish tech startups. It has offices in Stockholm, Oulu, and Helsinki. Since the 1990s Sweden has produced new businesses at an accelerating speed. The company has clear potential to be the next Swedish unicorn, and the first with a female co-founder and CEO. Launched as Bonnier Growth Media in 2013, Bonnier Ventures is the venture arm of the Bonnier Group. (Source: Propel Capital), Qalora Capital (Stockholm): Qalora Capital is a tech-focused investment bank that helps entrepreneurs with financing and M&A. The company has a broad investment mandate and is open to any discussions with passionate entrepreneurs or owners seeking an active partner to grow their business. TThis platform has been developed by Startup India in collaboration with Founders Alliance, Sweden to strengthen and foster the connection between the Indian and Swedish Startup ecosystem. It typically invests in tech companies for amounts between €3 million and €75 million, with a geographical focus on Europe and the US. E.g. (Source: EU-Startups), Creathor Ventures (Germany): Invests in European tech and healthcare startups. (Source: Almi), Invest Stockholm (Stockholm): Invest Stockholm is the official investment promotion agency of Stockholm. (Source: RISE), Tillväxtverket (The Growth Agency): The Growth Agency is a government agency under the Ministry of Trade and Industry. After the Second World War, political reforms were introduced aimed at providing social and financial security to all Swedish residents. Editor’s choice of the industries with the most potential for technology disruption and growth. (Source: EU-Startups), Nordic Makers (Stockholm): An angel network typically investing in seed rounds, with an investment size above US$500,000 and below US$2 million, Startups need to have a solid team, and at least half a good product, and some traction regarding numbers. Backed by them shared by 280 people covering startups globally edition of the Springfield Project in the beginning of.. 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