Top VCs for Swedish startups
Updated 23 Oct 2026
461
Startups in Sweden with investors recorded
44
VCs backing 3 or more
27 / 44
Of the top list based in Sweden
Venture capital firms
| # | Investor | Based in | Startups | Since 2024 | Best-funded companies |
|---|---|---|---|---|---|
| 1 | Almi Invest | Stockholm, Sweden | 56 | 12 | SweGaN, Single Technologies, IPercept |
| 2 | Antler | Singapore, Singapore | 49 | 12 | Wingbits, Digip, Done |
| 3 | Chalmers Ventures AB | gothenburg-vastra-gotaland, Sweden | 27 | 17 | Embedl AB, TRINE, ReVibe Energy |
| 4 | Industrifonden | Stockholm, Sweden | 22 | 8 | Pixelgen Technologies, Asgard Therapeutics, Lexly |
| 5 | Creandum | Stockholm, Sweden | 12 | 2 | Kry, Gilion, Firstvet |
| 6 | Luminar Ventures | Stockholm, Sweden | 11 | 5 | Mynt, Normative.io, Greenely |
| 7 | J12 | Stockholm, Sweden | 11 | 4 | VALIDIO, IPercept, Dema.ai |
| 8 | Norrsken VC | Stockholm, Sweden | 10 | 4 | Matsmart, Doctrin, Fever |
| 9 | EQT Ventures | Stockholm, Sweden | 10 | 3 | Peltarion, Watty, Talentium |
| 10 | Inbox Capital | Stockholm, Sweden | 9 | 3 | Doctrin, DPOrganizer, Zaver |
| 11 | Inventure | Helsinki, Finland | 9 | 3 | Lassie, Stravito, CodeScene |
| 12 | Spintop Ventures | Östersund, Sweden | 9 | 2 | Embedl AB, Worldfavor, Oneflow |
| 13 | Icebreaker.vc | Helsinki, Finland | 9 | 1 | Typelane, Letterlife, Tab |
| 14 | Norrsken Evolve | Stockholm, Sweden | 8 | 8 | Flox Intelligence, DREV, Vesiro |
| 15 | DHS Venture Partners | Stockholm, Sweden | 8 | 3 | Lassie, VALIDIO, Formulate |
| 16 | Northzone | London, United Kingdom | 8 | 2 | Matsmart, Tandem Health, Xcerion |
| 17 | Alliance VC | Oslo, Norway | 6 | 4 | Gilion, Bits Technology, Lightbringer |
| 18 | KTH Holding | Stockholm, Sweden | 6 | 4 | Single Technologies, Novatron, Motorica |
| 19 | Peak | Amsterdam, The Netherlands | 6 | 3 | CarbonCloud, Precisely, Vetnio |
| 20 | Brightly Ventures | Norrmalm, Sweden | 6 | 1 | Worldfavor, Debricked, Adway |
| 21 | SEB Venture Capital | Stockholm, Sweden | 6 | 0 | Now Interact, Tail-f Systems, Senion |
| 22 | BackingMinds | Stockholm, Sweden | 5 | 2 | TrusTrace, Boneprox, CemVision |
| 23 | byFounders | Copenhagen, Denmark | 4 | 2 | QA.tech, Supernormal, DREM |
| 24 | Gorilla Capital | Helsinki, Finland | 4 | 1 | Goava, Vinter, Näktergal |
| 25 | VNV Global | Stockholm, Sweden | 4 | 1 | Parsly, Alva Labs, Carla |
| 26 | Zenith Venture Capital | Stockholm, Sweden | 4 | 1 | Treyd, Cerve, Minna Technologies |
| 27 | Aggregate Media | Stockholm, Sweden | 4 | 0 | Whossa, Parkamo, Picsmart |
| 28 | Index Ventures | San Francisco, United States | 4 | 0 | Kry, King.com, Rebtel |
| 29 | Navigare Ventures | Stockholm, Sweden | 3 | 3 | Pixelgen Technologies, SweGaN, AlixLabs |
| 30 | node.vc | Stockholm, Sweden | 3 | 3 | Starhive, Lemonado, Roro |
| 31 | Cherry Ventures | Berlin, Germany | 3 | 2 | Bits Technology, Qura, Hedvig |
| 32 | Sciety | Stockholm, Sweden | 3 | 2 | Single Technologies, Capitainer, Picture My Life |
| 33 | Balderton Capital | London, United Kingdom | 3 | 1 | Lassie, Supernormal, Rebtel |
| 34 | Connect Ventures | London, United Kingdom | 3 | 1 | Kind, Steep, Auxy |
| 35 | Greens Ventures | Stockholm, Sweden | 3 | 1 | Normain, Magic Returns, Divly |
| 36 | Starbright Invest | Jönköping, Sweden | 3 | 1 | Norditech, Visiba Care, Adfenix |
| 37 | The Nordic Web Ventures | Copenhagen, Denmark | 3 | 1 | Kind, Steep, TPH (The Pasta Haters) |
| 38 | Accel | Palo Alto, United States | 3 | 0 | Kry, Anyfin, Telepo |
| 39 | Alfvén & Didrikson | Stockholm, Sweden | 3 | 0 | All Ears, Insurely, Airmee |
| 40 | Fairpoint Capital | Stockholm, Sweden | 3 | 0 | IOT Communications, Curity, Percepio |
| 41 | Nordic Venture Partners (Sweden) | Copenhagen, Denmark | 3 | 0 | Xarepo, Jalbum, Polar Rose |
| 42 | Partnerinvest Norr | Piteå, Sweden | 3 | 0 | Once Upon Publishing, Smart Video, Future Ordering |
| 43 | TrueSight Ventures | London, United Kingdom | 3 | 0 | Viking Analytics AB, Goava, Texelio |
| 44 | Wave Ventures | Helsinki, Finland | 3 | 0 | Normative.io, Brick Technology, TPH (The Pasta Haters) |
Venture capital firms by startups in Sweden in their portfolio. Source: FundingWatcher. Data as of 23 October 2026. Base: 461 startups.
Accelerators, incubators and public funders
| # | Investor | Type | Based in | Startups | Since 2024 |
|---|---|---|---|---|---|
| 1 | Sting | Startup accelerator, Startup incubator | Stockholm, Sweden | 43 | 8 |
| 2 | Vinnova | Government investment office | Stockholm, Sweden | 8 | 5 |
| 3 | Techstars | Startup accelerator, Venture capital firm | New City, United States | 6 | 1 |
| 4 | Wellstreet | Startup accelerator, Venture capital firm | Stockholm, Sweden | 6 | 1 |
| 5 | Fast Track Malmo | Startup accelerator, Micro VC fund | Malmö, Sweden | 5 | 3 |
| 6 | EIT Digital Accelerator | Startup accelerator, Venture capital firm | Brussels, Belgium | 5 | 0 |
| 7 | Futurology Ventures | Startup accelerator, Venture capital firm | Marbella, Spain | 5 | 0 |
| 8 | European Innovation Council | Startup accelerator, Venture capital firm | Brussels, Belgium | 4 | 3 |
| 9 | Newchip Accelerator | Startup accelerator, Startup incubator, Venture capital firm | Austin, United States | 4 | 0 |
| 10 | EIT InnoEnergy | Startup accelerator, Venture capital firm | Eindhoven, The Netherlands | 3 | 1 |
Accelerators, incubators and government investors by startups in Sweden. Source: FundingWatcher. Data as of 23 October 2026. Base: 461 startups.
Method
A startup counts for an investor when the investor is among the investors recorded for the company across all its rounds. The startups are companies headquartered in Sweden whose most recent round is pre-seed, seed, angel or Series A through J. "Since 2024" counts the companies whose most recent round is dated 1 January 2024 or later. Venture capital firms are investors typed as venture capital or micro VC and not also as accelerator, incubator or government office. An investor needs 3 companies to be ranked. Ties go to the higher count since 2024. Best-funded companies are the three with the most total funding.
Other countries
United States3,096
China574
United Kingdom438
Germany303
India263
Canada227
France219
Israel168
Singapore166
South Korea137
Japan130
Brazil111
Australia102
Spain84
The Netherlands78
Switzerland66
Mexico54
Indonesia47
Poland45
United Arab Emirates40
Turkey40
Italy36
Finland36
Denmark31
Saudi Arabia28
Belgium26
Cite: FundingWatcher, top vcs for swedish startups, 23 October 2026. https://fundingwatcher.com/investors/top/sweden/