Startup in Sweden
Every startup record the directory holds in Sweden.
Showing 1–20 of 40Startup · Sweden
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Anyfin
Anyfin is a Stockholm-based fintech founded in 2017 that helps consumers cut the cost of their existing loans and credit-card debt by refinancing them at lower rates, using a photo of a statement and data-driven credit assessment. It has expanded from Sweden into Finland, Norway and Germany with a focus on reducing borrowing costs rather than lending more.
Brickanta
Brickanta is building an AI-native operating layer for early-stage commercial construction planning. The platform interprets drawings, code constraints, and cost data to automate bid analysis and estimation, reducing procurement risk and planning overhead for project owners and contractors.
Candela
Candela is a Stockholm-based marine technology company founded in 2014 that designs and builds electric hydrofoil boats and ferries, which lift out of the water on computer-controlled foils to cut energy use dramatically and extend the range of electric propulsion. Its models include leisure craft and the P-12 electric passenger ferry, and it aims to eliminate fossil fuels from waterborne transport.
Detectify
Detectify is a Stockholm-based cybersecurity company founded in 2013 that offers an external attack surface management and web-vulnerability scanning platform, powered by a crowdsourced community of ethical hackers whose findings are automated into its product. It helps security teams continuously discover and monitor their internet-facing assets for weaknesses.
Eco Wave Power
Eco Wave Power is a Stockholm-headquartered, Nasdaq-listed wave-energy company that develops onshore and nearshore wave-energy conversion technology attached to existing marine structures such as breakwaters and piers. It runs projects in multiple countries, including Gibraltar, Portugal, Israel and the Port of Los Angeles, aiming to make wave energy a scalable clean-power source.
Einride
Einride is the Swedish pioneer of autonomous freight, best known for its cab-less "Pod" trucks that are designed from the ground up without a driver. Rather than retrofitting automation into traditional vehicles, Einride built a purpose-made electric platform paired with remote operations. Its "Mesh" system allows a single human operator to supervise multiple autonomous pods in real time from a control center, enabling higher utilization while keeping safety oversight in the loop. The year 2026 is a defining moment for Einride. Following a merger with Legato Merger Corp. III, the company began trading on the Nasdaq Global Market on 10 June 2026 under the tickers ENRD and ENRDW, at a pre-money valuation of roughly $1.35B and with a $113M PIPE raised ahead of the debut. This public-market transition gives Einride the balance sheet to scale fleet deployments, charging infrastructure, and regulatory approvals across key logistics corridors. By mid-2026, Einride is executing on major commercial contracts with GE Appliances in the United States and DP World in the UAE. It does not sell trucks in the traditional sense; it sells freight capacity as a service (FaaS), bundling vehicles, energy management, and its digital "Saga" operating system that optimizes routes, energy usage, and scheduling. The 2026 focus is on "Einride Grids": dense regional networks in Northern Europe and the US Southeast where autonomous pods handle repeated hub-to-hub routes, driving down costs compared to diesel trucking while cutting emissions. Einride's ecosystem ties include Norrsken House in Stockholm and early innovation pilots through Plug and Play. Its investor base blends Nordic growth capital and strategic logistics backing: EQT Ventures, NordicNinja, Maersk Growth, Soros Fund Management, and Temasek are among the key supporters. In 2026, Einride stands out as the most mature European autonomous freight platform, combining electric hardware, autonomy software, and logistics orchestration into a single commercial service. The company is also investing in safety validation, regulatory engagement, and remote-operations tooling to scale autonomy responsibly across multiple jurisdictions.
Elypta
Elypta (Elypta AB) is a Solna-based biotech company developing a metabolism-based liquid biopsy, the MIRAM Kit, for early cancer detection. It measures the GAGome, a set of systemic biomarkers of tumor metabolism in urine, and applies machine learning to noninvasively detect cancer signatures. Elypta is a main partner in the EU-funded PREDI-LYNCH project, a pan-European hereditary multi-cancer screening initiative for people with Lynch Syndrome that received EUR 13.6 million in EU funding, and it has completed the largest kidney cancer recurrence monitoring study using its urine test. The company holds ISO 13485:2016 certification.
EnginZyme
EnginZyme (EnginZyme AB) is a Solna-based biomanufacturing company that uses a patented enzyme immobilisation technology to create bespoke, stable biocatalysts for multi-step enzymatic reactions. Its aim is to make chemical and materials manufacturing greener and cleaner by unlocking enzymes as an alternative to conventional chemical processes, with applications spanning industries such as personal care ingredients.
Epidemic Sound
Epidemic Sound is a Swedish company headquartered in Stockholm that operates a royalty-free music and audio licensing platform for content creators. Founded in 2009, it provides creators, businesses, broadcasters and agencies access to a library of music tracks and sound effects, owning the rights to its catalog so users can publish and monetise content without separate licensing. The platform offers a Studio tool, mobile and desktop apps, and integrations with software such as Adobe Creative Cloud. In March 2021 it raised a growth round led by EQT Growth and Blackstone at a reported $1.4 billion valuation.
Exeger
Exeger is a Stockholm-based deep-tech company that manufactures Powerfoyle, a patented, silicon-free dye-sensitised solar-cell material that converts both indoor and outdoor light into electricity. Founded in 2008 by entrepreneur Giovanni Fili and scientist Dr Henrik Lindström — joint winners of the European Inventor Award in 2021 — the company spent a decade developing and patenting the technology before scaling commercial production at two factories in Kista, Stockholm. Powerfoyle is integrated as a thin, flexible film directly into product surfaces, removing the need for charging cables or disposable batteries. Shipping products span headphones and earbuds (Urbanista, adidas), cycling helmets (POC), professional hearing protection (3M Peltor), digital shelf labels (VusionGroup), remote controls (Philips, Hama) and IoT sensors. Exeger has raised over €169M from backers including SoftBank, Swedish pension fund AMF, the European Investment Bank (€35M InvestEU loan) and Fortum, and in late 2025 secured a SEK 130M grant from the Swedish Energy Agency and was selected for the NATO DIANA defence accelerator.
FashionLab
FashionLab is a Swedish fashion content platform that uses generative AI to produce product imagery and video for apparel brands at scale. The product replaces parts of traditional studio production by generating brand-aligned visuals with customizable models, scenes, and localization variants. The company has operational ties to the Eurasian ecosystem through the 500 Eurasia program.
Flower
Flower is a Stockholm-based energytech company founded in 2020 by John Diklev; its name is a contraction of flexible power. Flower develops hardware-agnostic AI and machine-learning software for forecasting, optimisation, and trading of flexible energy assets, including large-scale battery energy storage systems, solar and wind farms, hydro, EV charge points, and data centres, operating them as a virtual power plant to provide grid balancing, frequency regulation, congestion management, and day-ahead trading. Alongside its optimisation platform, Flower develops and operates grid-scale battery storage projects in Sweden. The company raised a Series A round led by Northzone in 2024.
Funnel
Marketing data platform that collects, cleans and normalizes data from 600+ ad, analytics and CRM sources into a unified marketing data hub. Founded 2014 in Stockholm.
H2 Green Steel
H2 Green Steel, which now operates under the brand Stegra, is a Swedish industrial company building a near-zero-emission steel plant in Boden, Sweden, using green hydrogen instead of fossil fuels in the steelmaking process. Its stated goal is to decarbonize heavy industry, which the company notes accounts for roughly 40% of global CO2 emissions, with steel alone responsible for more than 7%.
Insurely
Insurely is a Stockholm-based open finance and open insurance data infrastructure company founded in 2018. It provides consented, structured real-time access to consumer financial data across insurance, pensions, investments, savings, and credit, enabling banks, fintechs, and AI companies to build services such as provider switching, pension transfers, and personalised financial advice. The company offers two main product lines: Open Finance Data Access for data users and Open Finance Premium APIs for data providers. Insurely is registered as an insurance intermediary with the Swedish Financial Supervisory Authority and serves European financial institutions.
Juni
Juni is a Gothenburg-based financial management platform for e-commerce businesses, founded in June 2020 by Samir El-Sabini, Jonathan Sanders, and Anders Orsedal. The platform offers multi-currency accounts, virtual and physical cards, credit products, analytics, and accounting integrations designed specifically for online merchants and digital advertisers. Juni holds an Electronic Money Institution (EMI) licence from Sweden's Finansinspektionen and has raised $282 million across five funding rounds including a $206 million Series B.
Klarna
Klarna is a Swedish fintech company that pioneered the “buy now, pay later” (BNPL) model globally. Founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson, Klarna started by offering online shoppers in Sweden a way to purchase goods on invoice (pay after delivery). Over the next decade, the company expanded across Europe and beyond, becoming a dominant online payments provider. As of 2021, Klarna was Europe’s highest-valued private tech company at $45.6 billion, reflecting meteoric growth fueled by consumers’ appetite for installment payments. Klarna’s app and services allow users to split purchases into interest-free installments or pay later, and it partners with over 450,000 retailers worldwide, including global brands like H&M, IKEA, and Nike. The company has over 150 million users across 45 countries and handled $80 billion in transaction volume in 2021. Klarna’s journey, however, has seen dramatic swings: after reaching a $45B valuation in mid-2021, a combination of rising interest rates and tech market downturn led to a downround in 2022, cutting its valuation to $6.7 billion (an 85% drop). The company restructured, laying off 10% of its staff, and refocused on profitability. By 2023, Klarna returned to profit and saw renewed growth, aided by expanding beyond BNPL into a full shopping app with price comparison, loyalty features, and banking services (Klarna obtained a banking license in Europe in 2017). In 2025, Klarna reportedly delayed an IPO amid market volatility but ultimately went public in September 2025, raising $1.37 billion. Despite valuation fluctuations, Klarna remains the global leader in BNPL, with a strong brand among Gen Z and millennial shoppers. Its journey from a small Stockholm startup to a financial giant serving 65 million customers (2025) at one point valued at $75 billion exemplifies the rise (and resiliency) of Europe’s fintech sector.
Kognic
Kognic is a Gothenburg-based AI company, formerly known as Annotell, founded in 2018 that provides a data platform for annotating and refining the sensor data used to train and validate perception systems in automated driving and other safety-critical AI. Its tools help automotive and robotics teams align their datasets and models with human intent.
Kry
Kry is a Stockholm-based digital healthcare company founded in 2014 that connects patients with doctors, nurses and psychologists through video and app-based consultations, and also runs physical clinics in some markets. Known as Livi outside the Nordics, it operates in Sweden, Norway, France, Germany and the United Kingdom and became one of Europe's most funded digital health companies.
Lassie
Lassie is a digital pet-insurance company that combines coverage with preventive-care engagement. The app uses education modules and behavior incentives to reward owners for proactive pet health practices, linking prevention to premium outcomes.
