Established 2015 (building on earlier university incubation). Venture builder and fund for tech startups from Chalmers University using an Encubation model; provides pre-seed funding, business coaches, and lab access. Notable spin-offs include Minesto and KomboSat. Scope: Regional (West Sweden).
Gothenburg, Sweden
Venture Studio
/sweden/venture-studio/chalmers-ventures
Regional support ecosystem linked to the University of Gothenburg and local partners such as Johanneberg Science Park, providing incubation, coaching, and investor connections for startups in the Gothenburg region. Scope: Regional.
Evergreen fund founded 1979 investing in Swedish deep tech and life science.
Sting (Stockholm Innovation & Growth) is Sweden’s leading startup accelerator and incubator, founded in 2002 and based in Stockholm. Over two decades, Sting has built a reputation as one of Europe’s most successful support programs for high-tech startups. Each year, ~25 startups participate in Sting’s programs, which are tailored to ICT, sustainability, and deep tech ventures. Sting offers two main tracks: the Accelerate program (a shorter, intensive accelerator with investment) and the Incubate program (a longer incubation with office space and coaching). Startups benefit from SEK 400,000 (≈€35,000) in pre-seed investment via Sting’s Propel Capital angel fund, as well as hands-on mentorship from experienced entrepreneurs. Sting is notable for its extensive network in the Nordics – participants get access to 80+ industry mentors and introductions to a broad investor pool in Sweden and internationally. The results speak volumes: Sting has supported 270+ startups since inception, with a survival rate over 70% and multiple high-profile alumni. Success stories include Yubico (security keys unicorn), Sellpy (fashion recommerce, acquired by H&M), and ClimateView (climate planning SaaS). In addition to funding and coaching, Sting offers free office space at A House in Stockholm, product development labs, and perks from partners. The program emphasizes key performance indicators (KPIs) and growth milestones – Sting aims to help companies reach first customers, significant revenues, or Series A readiness within 6–18 months. Beyond individual companies, Sting has played a crucial role in Stockholm’s ecosystem: it co-founded SUP46 (Start-Up People of Sweden) co-working space and hosts Sweden’s annual Startup Demo Day. Sting alumni have collectively raised over €600 million. With the Swedish ecosystem maturing, Sting remains a cornerstone – providing new founders with structured support, an entrepreneurial community, and that all-important first investment to turbocharge their growth.
Uppsala Innovation Centre (UIC) is a leading Swedish incubator and accelerator, consistently ranked among Europe’s top public incubators. Founded in 1999 and located in Uppsala – a city known for its major university and pharma industry cluster – UIC supports startups from idea to growth, with a strong focus on life sciences, medtech, energy, and IT. It is a public-private partnership, co-owned by Uppsala municipality, Uppsala University, SLU (Swedish University of Agricultural Sciences), and local industry. UIC offers a suite of programs: a pre-incubation phase for concept validation, a core incubation phase (up to 2 years) for business development and raising seed capital, and a accelerator phase for scaling up and internationalization. Uniquely, UIC doesn’t take equity but charges a modest fee – hence it’s seen as a neutral player with the startup’s interest at heart. Startups benefit from individualized coaching by experienced business advisors, free office and lab space, and connections to Uppsala’s rich network of experts (the city hosts big players like GE Healthcare, Pfizer, etc.). Access to lab facilities is a key advantage for biotech startups – UIC arranges subsidized lab rentals through partnerships with SLU and local science parks. Over 20+ years, UIC has nurtured over 1,000 companies. Alumni include OssDsign (innovative cranial implants, now publicly listed) and ScandiNova (pulsed power systems, a world leader in its niche). The incubator’s portfolio has also seen several acquisitions by international firms. UIC is particularly known for helping research-heavy projects with commercialization – many UIC startups are founded by professors or PhDs aiming to solve real-world problems with their inventions. They also run UIC “Business Lab” and “Startup Bootcamps” for very early-stage teams, including student entrepreneurs. UIC’s impact is evident: Uppsala punches above its weight in innovation metrics, and UIC has been recognized by UBI Global as a top-5 global incubator in 2019. By coupling Uppsala’s academic prowess with professional business guidance, Uppsala Innovation Centre continues to turn ideas “from lab to market,” driving regional growth and bringing science-based innovations to society.
Established 2002 by Jane Walerud. Family-run deep-tech angel fund and hands-on accelerator for planet-positive startups; invests up to EUR 1M and often provides interim operational support. 10+ exits including Volumental. Scope: National.
European VC with a Paris and Milan presence investing in consumer and deep tech companies.