Who invests in startups in Sweden
109 investors back startups in Sweden: funds, accelerators and angel networks with at least two portfolio companies there, 390 portfolio startups in all. The most active here are Antler (34), Industrifonden (25) and Y Combinator (22). 16 of them are accelerators.
Investors by their portfolio companiesRebuilt 8 Nov 2026
investors
109
portfolio startups
390
of them raised in 12 months
2
accelerators
16
Investors backing startups in Sweden
| Investor | Startups here | Portfolio rounds, 12 mo | Latest activity |
|---|---|---|---|
 AntlerAccelerator · Singapore · Sortrace, Comra AI, Circulatepack | 34 | 52 | Nov 2026 |
 IndustrifondenVenture capital · Sweden · Hopsworks, Soundtrack Your Brand, Funnel | 25 | 7 | Oct 2026 |
 Y CombinatorAccelerator · United States · Brickanta, Flower, Andon Labs | 22 | 256 | Oct 2026 |
 Chalmers VenturesAccelerator · Sweden · Avanza, Winningtemp, Melt&Marble | 22 | 2 | Aug 2026 |
 Gorilla CapitalVenture capital · Finland · Sortrace, Woolman, Triggerbee | 20 | 3 | Nov 2026 |
 North ZoneVenture capital · United Kingdom · Brickanta, Einride, Tobii | 18 | 24 | Oct 2026 |
 Luminar VenturesVenture capital · Sweden · CodeScene, Normative, Mynt | 18 | 3 | Oct 2026 |
 NorrskenVenture capital · Sweden · Tandem Health, Heart Aerospace, Einride | 17 | 15 | Oct 2026 |
 NFT VenturesVenture capital · Sweden · Voxo, Gimi, Tessin | 14 | – | – |
 Balderton CapitalVenture capital · United Kingdom · Trustly, Truecaller, Lovable | 12 | 32 | Oct 2026 |
 Wave VenturesVenture capital · Finland · Andon Labs, Normative, Luminar Ventures | 12 | 3 | Sep 2026 |
 node.vcVenture capital · Acast, Tobii, Resolution Games | 12 | 2 | Apr 2026 |
 Spintop VenturesVenture capital · Sweden · Hubert, Oneflow, AlexisHR | 12 | – | Jun 2025 |
 TechstarsAccelerator · United States · Bokio, Safello, Remos Space Systems AB | 11 | 98 | Nov 2026 |
 StingAccelerator · Sweden · Swirl your wines, Curve Biotech AB, Re:notch | 10 | – | – |
 MonterroVenture capital · Sweden · Pihr, Kaisa, Trapets | 10 | – | – |
 GP BullhoundVenture capital · United Kingdom · Klarna, Mentimeter, Neonode | 9 | 2 | Jul 2026 |
 Plug and PlayAccelerator · United States · Voxo, Einride, Verve | 8 | 152 | Nov 2026 |
 byFoundersVenture capital · Denmark · Lovable, Digitail, Normative | 8 | 6 | Sep 2026 |
| EESA BICAccelerator · Sweden · Remos Space Systems AB, Equilab, Eningo | 8 | 1 | Aug 2026 |
 Alliance Venture CapitalVenture capital · Encore, Lightbringer, AlexisHR | 7 | 9 | Sep 2026 |
 Peak CapitalVenture capital · Netherlands · Luminar Ventures, Meela, CarbonCloud | 7 | 5 | Oct 2026 |
 Cleantech ScandinaviaAccelerator · Alfa Laval, Industrifonden, Almi | 7 | – | – |
 Elliot Alpha & VNTRSAccelerator · Sweden · Norban, Beleco, Combify | 7 | – | – |
 Cherry VenturesVenture capital · Germany · Legora, Juni, Hedvig | 6 | 11 | Oct 2026 |
 500 GlobalAccelerator · United States · Mentimeter, Bitrefill, Flic | 5 | 35 | Oct 2026 |
 Navigare VenturesVenture capital · Scaleout Systems, EnginZyme, Repli5 | 5 | 4 | Oct 2026 |
 NordicninjaVenture capital · Finland · Einride, Kognic, Mavenoid | 5 | 2 | May 2026 |
 NovaxVenture capital · Sweden · Voyado, RCO, Aqua Dental | 5 | – | – |
 AccelVenture capital · United States · Legora, Kry, Polar | 4 | 83 | Oct 2026 |
 SeedcampAccelerator · United Kingdom · Vessla, Rerun, Fishbrain | 4 | 61 | Nov 2026 |
 Kleiner PerkinsVenture capital · United States · Truecaller, Ericsson, Juniper Networks | 4 | 47 | Nov 2026 |
 NEAVenture capital · United States · Sinch, Sana, Yubico | 4 | 37 | Oct 2026 |
 PartechVenture capital · France · Resolution Games, Billogram, Material Exchange | 4 | 28 | Oct 2026 |
 Hub71Accelerator · United Arab Emirates · Centersource Technologies, Wingbits, Timber Exchange | 4 | 18 | Oct 2026 |
 Connect VenturesVenture capital · United Kingdom · Auxy, Zellify, Steep | 4 | 16 | Sep 2026 |
 EmblemVenture capital · Lovable, Opper AI, Weld | 4 | 2 | Aug 2026 |
 Butterfly VenturesVenture capital · Finland · Embedl, Inventure, Elonroad | 4 | 2 | Sep 2026 |
 VNV GlobalVenture capital · Sweden · Pale blue dot, Carla, Alva Labs | 4 | 2 | May 2026 |
 AltorPrivate equity · Sweden · Silo AI, Piab, Carnegie | 4 | – | – |
The most backed startups in Sweden
| Startup | Investors in this list |
|---|---|
 Legora | 11 |
 Lovable | 10 |
 Klarna | 5 |
 Embedl | 5 |
 Mjuk | 4 |
 Einride | 4 |
 Funnel | 4 |
 Endra AI | 3 |
 Truecaller | 3 |
 Juniper Networks | 3 |
 Remos Space Systems AB | 3 |
 Opper AI | 3 |
 Multiply | 3 |
 Steep | 3 |
 Resolution Games | 3 |
More on startups in Sweden
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Questions
Who invests in startups in Sweden?
109 investors back startups in Sweden: funds, accelerators and angel networks with at least two portfolio companies there, 390 portfolio startups in all. The most active here are Antler (34), Industrifonden (25) and Y Combinator (22). 16 of them are accelerators.
How is this list built?
From what each investor holds: the portfolio page it publishes, the Y Combinator directory and the announced rounds that name it. An investor counts for Sweden when at least two of its portfolio companies are based there; the list is rebuilt every night from 2,417 portfolios.
Source: investors' portfolio pages and announced rounds, 2,417 portfoliosUpdated 8 Nov 2026MethodologyJSONCC BY-SA 4.0