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Sweden National Day Special: Top 25 Swedish Startups

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It’s the 208th anniversary of Sweden National Day today and although Swedes are not known for displaying their national pride, to commemorate this occasion, Tracxn has compiled a list of top 25 Swedish startups that have created a dent in the startup space with their disruptive innovations. To know about Swedish VCs who are driving innovation across the globe, click here.

2017-June-6-top-25-swedish-startups

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Here’s a more detailed look at the startups:

Company Founding Year Location Total funding (in $) Description Key investors
2005 Stockholm 335.79M Provides purchase financing and late payment options. Sequoia Capital, General Atlantic, Atomico, QED Investors, Institutional Venture Partners, DST Global, Creandum, Northzone, Lakestar, GP Bullhound, Oresund Investments, Tengelmann Ventures
2010 Stockholm 195.56M Mobile Point of Sale solution provider. Greylock Partners, American Express, Index Ventures
2010 Stockholm 82.20M Provider of mobile-delivered insurance in emerging markets Kinnevik AB, Digicel Group, Axiata, LeapFrog Investments, Millicom
2011 Gothenburg 65M Creates online classifieds websites in developing countries Kinnevik AB, Hillhouse Capital, Brummer Orthodontics
2010 Angelholm 46M Airflow control devices to reduce airborne hospital infections and allergies Industrifonden, SEB
2013 Malmo 38.8M Online doctor consultation via text, voice and video EQT Ventures, Jonas Nordlander, Christian W. Jansson, Filip Engelbert
2013 Stockholm 32.9M Spotify-based music streaming subscriptions for businesses Spotify, Balderton Capital, Creandum, Northzone, Wellington Partners, TeliaSonera, PlayNetwork, Nordic Venture, Telia Company, Stefan Blom
2012 Stockholm 32.36M DIY freemium Storefront Balderton Capital, Thrive Capital, Creandum, Western Technology Investment, Red Swan Ventures, Project A Ventures, German Startups Group, Scott Belsky, Acton Capital Partners, BGF Ventures
2013 Stockholm 32M Provider of ASIC chips, software and services for Bitcoin mining Accel Partners, Creandum, GP Bullhound, Gullspang Inves
2011 Stockholm 30.15M Social gift giving service Greylock Partners, American Express, Klarna, Atomico, Qualcomm Ventures, Creandum, H&M, Nordea
2012 Malmo 27.44M Smart water recycling shower Swedish Energy Agency, Rosengard Invest, afjochnickfoundation.nl, Dendera, Niklas Zennstrom
2012 Stockholm 23.19M Premium Mobile Ad Network Kreos Capital, Northzone, Industrifonden
2012 Stockholm 19M Platform to read digital magazines Zouk Capital, Channel 4, Hermes GPE, Aggregate Media
2013 Stockholm 18.70M OBD-based device for fleet management & vehicle tracking Salesforce, SaaStr, Point Nine Capital, Dawn Capital, Niklas Zennstrom
2015 Gothenburg 17.02M Online fashion retailer Northzone, eEquity
2014 Stockholm 17M On-demand direct sales force Salesforce, Northzone, Moor Capital, Eight Roads Ventures
2010 Gothenburg 15M Mobile social network for fishers Seedcamp, Northzone, Industrifonden, GP Bullhound, Recruit Strategic Partners, Active Venture Partners, Almi, Edastra, Recruit Holdings, Maiden Lane, FJ Labs, Industrifonden
2012 Stockholm 14.80M Personal finance management application Sunstone, SEB, ABN AMRO Bank, Creades
2011 Stockholm 14.10M Regenerative 3D printed orthopedic implants for craniofacial bone defects and trauma SEB, Almi, Fouriertransform, Karolinska Development
2013 Stockholm 12M Communications API provider Index Ventures, Balderton Capital
2012 Linkoping 11.61M Camera and app for searchable and shareable photographic memory. Khosla Ventures, True Ventures, Creandum, Passion Capital, Faber Ventures, LDV Capital
2012 Stockholm 11.25M Fluid control and management for a broad range of brain pathologies, CNS therapeutic applications and procedures Invest Stockholm, Serendipity Innovations
2010 Linkoping 11.10M Quantified MRI for R&D, Clinical and Big Data applications Industrifonden, Pfizer, Novo A/S, Industrifonden
2013 Stockholm 10M Multi-Currency matching platform Northzone, White Star Capital, SparkLabs Global Ventures, Isomer Capital
2012 Stockholm 5M Crowdsourced wi-fi hotspot network provider Balderton Capital, Creandum, Swisscom, GP Bullhound, Moor Capital, Draper Associates

Happy Sweden National Day!


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