Launch · 01 Aug · —
Launch of the new AI company Blaise by former Lovable founders.
Exit · 30 Jul · —
Legora has acquired London-based Wexler, marking its fifth acquisition in 2026.
Exit · 29 Jul · —
Lovable has acquired a Swedish agent platform along with its three founders.
Exit · 28 Jul · —
Ophena is being sold to the Danish Trolle Group, which specializes in premium equestrian brands.
Hire · 27 Jul · —
Gustav Hasselskog handed over the CEO position at Candela to Sofia Graflund.
Funding · 24 Jul · —
George, a new startup founded by Mikael Pawlo, has received funding from The Inner Foundation to develop AI tools for democracy.
Funding · 24 Jul · EUR 3.9M
Imagilabs has closed a seed round of funding, raising 4.5 million dollars to expand its educational platform.
Launch · 22 Jul · —
Corpower Ocean has received the world's first official certification for its wave power plant, marking a significant milestone for the company and the wave power industry.
Launch · 22 Jul · —
Mynt partners with Nordea to launch a pan-Nordic SME credit card and spend management platform.
Launch · 22 Jul · —
Belong officially launches, providing a digital pass for fans to support artists, with new investors joining.
Launch · 20 Jul · —
Terra Labs has signed agreements with Sweden's three largest forestry owner associations and is aiming for global expansion.
Funding · 20 Jul · EUR 270K
Liveday secured €270,000 in new funding.
Launch · 19 Jul · —
Wint has designed a service that allows you to get a ready-to-start company including a bank account, at no extra cost.
Exit · 17 Jul · EUR 13.1M
Truecaller has made a move to acquire Textplus, an American communication software company, for approximately 145 million SEK.
Funding · 16 Jul · EUR 2.0M
InfiniNode Technologies has secured €2 million in a combination of investment and grant funding to accelerate the development of its technology.
Exit · 16 Jul · EUR 2.3M
Vetted Assets acquires 70% of Criss Bellini for 25 million kronor.
Funding · 15 Jul · EUR 613.7M
Neko Health secured $700 million in a funding round led by OG Ventures, increasing its valuation to nearly $7 billion.
Launch · 13 Jul · —
By Banoo launched a wholly-owned American subsidiary, By Banoo Inc., and began selling at Nordstrom and Bloomingdale's, marking their entry into the US market.
Launch · 13 Jul · —
Parkster has signed an agreement with Deutsche Bahn for all parking facilities connected to train stations in Germany, marking a significant expansion into the German market.
Hire · 12 Jul · —
Patrik 'Totte' Torstenssson left Meta to join Lovable as Engineering Chief.
Launch · 10 Jul · —
The founding duo of Herbox has started a new company called Blair, bringing in Emelie Feola as a co-owner.
Funding · 09 Jul · EUR 4.1M
Relox Robotics is seeking to raise 45 million SEK to finance international expansion and accelerate growth.
Exit · 08 Jul · —
Norwegian Telenor acquires Bahnhof, a broadband company founded by Jon Karlung.
Funding · 08 Jul · EUR 263.1M
Lovable is in talks to raise $300m at a $13.2bn valuation.
Funding · 06 Jul · EUR 7.3M
Unbounded raised 80 million SEK to boost its cash reserves.
Launch · 02 Jul · —
Lovisa Worge launches a new e-commerce brand Lagni focused on sunglasses and accessories with her boyfriend Gullek Nilsen.
Hire · 02 Jul · —
Azra Osmancevic has been dismissed from her CEO position at Costudios during her parental leave due to a reorganization.
Funding · 02 Jul · EUR 650K
BRYM secured €650,000 in pre-seed funding to develop a wearable neurofeedback platform.
Funding · 01 Jul · EUR 2.5M
Swedish startup Digiclean secures €2.5 million seed for manufacturing process optimisation
Hire · 29 Jun · —
Fredrik Rinaldo joins Prac as a co-owner, bringing expertise from Front Agency to enhance marketing and growth.
Launch · 24 Jun · —
Ester Care is leveraging AI to create a scalable business model aimed at improving women's financial and health outcomes.
Funding · 24 Jun · EUR 1.4B
Stegra closed a €1.4 billion financing round led by a Wallenberg Investments consortium, with broad support from existing shareholders and lenders, to complete its Boden plant.
Launch · 11 Jun · —
Snöboll is an investment company launched by Nordic Angels' leaders, aiming to acquire tech portfolios and go public within 18 months.
Exit · 08 Jun · —
Vetted Assets acquired 51% of Andy Okay, an e-commerce platform selling art and connecting artists with charity.
Launch · 02 Jun · —
Tandela, an AI startup, has been accepted into Y Combinator to innovate in a billion-dollar industry.
Launch · 01 Jun · —
Mentimeter provided an interactive platform for volunteers to engage during the Pope's visit, allowing real-time feedback through a word cloud display.
Launch · 25 May · —
Modern Caveman, co-founded by Fredde Granberg and Jesper Prim, is launching its first game 'Flush Kingdom' in autumn 2027.
Launch · 09 May · —
Fredric Bohm launches You&, a dating app that uses AI to help users find sustainable relationships.
Exit · 08 May · —
Valu8 was acquired by Datasite, with representatives from Datasite taking seats on Valu8's board and previous owners leaving their positions.
Exit · 08 May · EUR 18.4M
Kivra's owners can receive a dividend of 200 million kronor following the company's profitable year and details about its acquisition of a Swedish startup.
Funding · 07 May · EUR 14.1M
Pit raised EUR 14.1M in seed, led by Andreessen Horowitz.
Launch · 07 May · —
Pit launched its 'AI product team as a service' to help businesses implement AI effectively.
Funding · 07 May · EUR 3.0M
Skogsdrönare from Uppsala has raised 33 million SEK in funding.
Exit · 07 May · —
MW Group has acquired 60% of Link 22, a cybersecurity company.
Funding · 07 May · EUR 30.0M
SWEBAL raises €30 million to build Sweden’s first TNT facility and strengthen NATO ammunition supply.
Launch · 07 May · EUR 13.6M
Pit operates as an AI product team-as-a-service, learning how companies function and building systems to support their operations.
Funding · 30 Apr · EUR 42.0M
Legora raised EUR 42.0M in Series D.
Launch · 29 Apr · —
Lovable has launched its mobile app for AI coding on both the App Store and Google Play.
Funding · 28 Apr · EUR 6.8M
Redpine raised EUR 6.8M in seed, led by NordicNinja VC.
Exit · 16 Apr · EUR 535.5M
SAGA Diagnostics, acquisition by Roche for EUR 535.5M.
Funding · 10 Mar · EUR 484.0M
Legora raised EUR 484.0M in Series D, led by Accel.
Funding · 25 Feb · EUR 2.5M
Flox Intelligence raised a EUR 2.5 million Seed+ round led by Tilia Impact Ventures to accelerate North American deployment of its wildlife-intelligence systems.
Funding · 19 Feb · EUR 8.4M
Agaton raised EUR 8.4M in seed.
Funding · 02 Feb · EUR 12.0M
Bits raised EUR 12.0M in Series A, led by Alstin Capital.
Funding · 27 Jan · EUR 7.4M
Brickanta raised EUR 7.4M in seed, led by Northzone.
Hire · 01 Jan · —
Åsa Holstein took over as the new CEO of Preglife after Philip Söderholm.
Funding · 18 Dec · EUR 297.0M
Lovable raised EUR 297.0M in Series B.
Funding · 18 Dec · EUR 18.0M
Endra raised EUR 18.0M in seed, led by Notion Capital.
Exit · 12 Nov · —
Einride, merger by Legato Merger Corp III.
Funding · 30 Oct · EUR 135.0M
Legora raised EUR 135.0M in Series C, led by Bessemer Venture Partners.
Funding · 01 Oct · EUR 90.0M
Einride raised EUR 90.0M in Series D, led by Northzone.
Funding · 24 Sep · EUR 2.3M
Cetasol raised EUR 2.3M in seed.
Funding · 23 Sep · EUR 1.1M
Redpine raised USD 1.3 million from technology-sector angels to launch its platform for supplying AI builders with licensed premium data.
Exit · 16 Sep · EUR 990.0M
Sana, acquisition by Workday for EUR 990.0M.
Exit · 10 Sep · EUR 1.2B
Klarna, ipo for EUR 1233.0M.
Funding · 21 Aug · EUR 1.5B
Klarna raised EUR 1467.0M in debt.
Funding · 11 Aug · EUR 150.0M
Aira raised EUR 150.0M in Series C.
Funding · 07 Aug · —
Flox closed an oversubscribed seed round of nearly EUR 1 million led by Unconventional Ventures, with Norrsken Accelerate and its pre-seed investors participating.
Funding · 17 Jul · EUR 180.0M
Lovable raised EUR 180.0M in Series A, led by Accel.
Funding · 03 Jul · EUR 2.5M
Nordic Air Defence raised EUR 2.5M in pre-seed, led by Inflection.
Exit · 01 Jul · —
Billhop was acquired by American Ramp in July 2025, with the formal takeover occurring in February 2026.
Funding · 16 Jun · EUR 4.0M
Studio555 raised EUR 4.0M in seed.
Funding · 12 Jun · EUR 2.5M
Engrate raised EUR 2.5M in seed, led by Maniv.
Funding · 02 Jun · EUR 3.0M
Endra raised a EUR 3M pre-seed round from investors including Vito One, Johan Edenström, Simon De Château, the Höglund brothers, and Oljibe Invest.
Funding · 21 May · EUR 72.0M
Legora raised EUR 72.0M in Series B.
Launch · 05 Dec · —
Uniplay launched its fully game-based, AI-powered learning management system for corporate training.
Funding · 12 Nov · EUR 1.2M
Nordic Air Defence secured EUR 1.2 million led by SNÖ Ventures in the second close of a strategic round to advance its supply-chain-independent drone-defence technology.
Funding · 30 Oct · EUR 50.9M
Sana Labs raised a USD 55 million Series C round led by New Enterprise Associates at a USD 500 million valuation, alongside acquiring workflow automation startup CTRL. This predates the September 2025 Workday acquisition already on record.
Funding · 16 Oct · EUR 63.0M
Aira added EUR 63M to its Series B from existing investors Temasek, Statkraft Ventures, Kinnevik and Altor.
Funding · 18 Sep · EUR 106.0M
The Swedish Energy Agency granted Stegra SEK 1.2 billion in state aid through the Industrial Leap programme to build its integrated low-carbon steel plant; the aid had European Commission approval.
Hire · 02 Sep · —
Madeleine Munkhammar takes over as CEO of PS of Sweden after the founder sold his shares and the company faced significant losses.
Funding · 12 Jun · EUR 200.0M
Aira secured a EUR 200M debt-financing facility from BNP Paribas to finance heat-pump installations in Germany.
Funding · 30 May · EUR 50.9M
Natural Cycles closed a $55 million Series C led by Lauxera Capital Partners, with Point72 Private Investments participating and a revolving debt facility from J.P. Morgan included in the financing.
Funding · 29 Apr · EUR 2.0M
Cetasol closed a EUR 2M seed round from Sarsia, ShipsFocus and Impact X Capital to expand its maritime energy-efficiency software and double R&D.
Funding · 25 Jan · EUR 176K
Stockholm based By Banoo raised SEK 2 million from a group of angel investors including Elisabet Lundgren, Babak Etenad, Alireza Etenad, and Gohar Avagyan.
Funding · 22 Jan · EUR 250.0M
H2 Green Steel announced a €250 million EU Innovation Fund grant for its large-scale green-steel plant as part of its January 2024 financing package.
Funding · 16 Jan · EUR 145.0M
Aira raised an upsized EUR 145M Series B co-led by Altor, Kinnevik and Temasek to accelerate residential-heating electrification in Europe.
Funding · 01 Jan · —
SEB entered a strategic partnership with Kivra and became a minority shareholder in January 2024, ahead of the May 2026 exit already on record. The investment amount was not disclosed.
Funding · 25 Oct · EUR 510K
Ryde Equestrian secured a 6 million SEK investment from Olympic medalist Peder Fredricson through Bhoof to accelerate company building and innovation in equestrian sports.
Funding · 18 Oct · EUR 86.5M
Aira raised SEK 1B in equity funding from climate- and innovation-focused investors including Altor, Collaborative Fund, Creades, Kinnevik, and Lingotto.
Exit · 10 Sep · EUR 8.4M
Maya Delorez, founded by Madelene Törnblom, is being sold for over 100 million SEK.
Funding · 07 Sep · EUR 1.5B
H2 Green Steel raised about €1.5 billion in a private equity placement co-led by Altor, GIC, Hy24, and Just Climate to finance its Boden green-steel plant.
Exit · 04 Sep · —
Ridesum has acquired the British AI app Blackdog Equestrian AI, which specializes in AI-driven seat and movement analysis.
Funding · 27 Apr · EUR 4.0M
Bits raised a EUR 4M seed round led by Unusual Ventures, with Fin Capital and existing investors participating.
Exit · 31 Mar · —
Matchi merged with Austrian competitor Eversports.
Funding · 19 Oct · EUR 70.0M
H2 Green Steel added €70 million at the final close of its Series B from investors including Hitachi Energy, Kobe Steel, and Kinnevik, taking the full Series B to €260 million.
Funding · 08 Sep · EUR 1.0M
Bits raised a EUR 1M pre-seed round in fall 2022 with backing from investors including Cherry Ventures and Alliance Ventures.
Funding · 29 Aug · EUR 190.0M
H2 Green Steel secured €190 million in the first close of its Series B equity financing, co-led by AMF, GIC, Schaeffler, and Altor Fund V.
Launch · 27 Mar · —
Hippocrates offers business systems for the horse industry, managing over 84,000 users and 43,000 horses, with plans for international expansion.
Hire · 17 Jan · —
Ridesum has recruited Karl Svantemark as the new CEO, replacing founder Jenny Stråhle who is stepping down to focus on expansion.
Funding · 01 Jan · —
Almi Invest made its first investment in Cetti, then known as BudID, in 2022; the amount was not disclosed on Almi's portfolio page.
Exit · 08 Oct · EUR 98.9M
Truecaller AB listed its Class B shares on Nasdaq Stockholm, raising around SEK 1 billion (about USD 116M) in its IPO. The listing valued the caller ID company at roughly USD 3 billion, with prior backers including Sequoia Capital India, Atomico, and Kleiner Perkins.
Launch · 12 Sep · —
Riders Position has launched an app called Rhythm Coach that helps riders improve their seat and rhythm while riding, using real-time feedback from movement data.
Funding · 29 Jun · EUR 10.4M
SAGA Diagnostics raised a SEK 106 million (about EUR 10.5 million) Series A2 round led by Segulah Medical Acceleration and the Sciety investment syndicate with support from existing shareholder Hadean Ventures, to commercialize its liquid biopsy cancer tests. This predates the April 2026 Foundation Medicine/Roche acquisition already on record.
Funding · 23 May · EUR 86.2M
H2 Green Steel, now Stegra, closed a $105 million Series A equity round backed by strategic industrial partners and long-term investors to accelerate its green-steel plans.
Funding · 09 Nov · EUR 25.8M
Natural Cycles raised a $30 million Series B led by EQT Ventures after receiving EU certification for its digital contraception product.
Funding · 04 Jul · EUR 5.4M
Natural Cycles raised a $6 million Series A led by Bonnier Media Growth, with Sunstone and E-ventures participating, to expand its fertility and contraception app.