FundedIQ

Funded Energy Startups in Sweden

The disclosed deal sizes in Sweden’s energy set show a clear size split: the largest disclosed round is Stockholm Exergi’s $199M grant on 2022-04-01, which…

The disclosed deal sizes in Sweden’s energy set show a clear size split: the largest disclosed round is Stockholm Exergi’s $199M grant on 2022-04-01, which sits well above the next-largest disclosed amounts (e.g., OX2 at $77M on 2024-12-11 and Cloover at $114M on 2024-05-28). At the low end, disclosed amounts range down to $100K for Svea Solar (2022-03-24), alongside smaller tickets such as $1M for Ligna Energy (2022-03-04) and $1M for DREM (2024-11-11).

Geographically, Stockholm dominates the list (multiple entries under “Stockholm”), and temporally the rows span from 2020-08-05 (Krafthem) through 2025-07-07 (CorPower Ocean). Stage labeling is mixed: “Series Unknown” appears 15 times, and “undisclosed” appears 2 times (CorPower Ocean on 2025-07-07; Qoitech on 2022-12-19; Scandinavian Enviro Systems on 2022-12-09).

Most recent rounds

33 shown
C
CorPower Ocean
Stockholm, Sweden · Energy
Series B · Jul 2025
Undisclosed
M
Minesto
Västra Frölunda, Sweden · Energy
Series Unknown · Jun 2025
$2.6M
T
Tether
Stockholm, Sweden · Energy
Pre-Seed · Jun 2025
$1.5M
E
Engrate
Djursholm, Sweden · Energy
Seed · Jun 2025
$2.9M
C
Climeon
Stockholm, Sweden · Energy
Series Unknown · May 2025
$3.1M
M
Midsummer
Stockholm, Sweden · Energy
Series Unknown · Apr 2025
$3.1M
N
Novatron
Stockholm, Sweden · Energy
Series A · Mar 2025
$11M
A
Alight
Stockholm, Sweden · Energy
Series Unknown · Mar 2025
$49M
O
OX2
Stockholm, Sweden · Energy
Series Unknown · Dec 2024
$77M
L
Liquid Wind
Göteborg, Sweden · Energy
Series C · Nov 2024
$46M
D
DREM
Stockholm, Sweden · Energy
Pre-Seed · Nov 2024
$1.0M
P
Plagazi
Båstad, Sweden · Energy
Series Unknown · Oct 2024
$32M
A
Aira
Stockholm, Sweden · Energy
Series B · Oct 2024
$69M
T
Tethys Oil
Stockholm, Sweden · Energy
Series Unknown · Aug 2024
$60M
G
Greenely
Stockholm, Sweden · Energy
Series A · Jul 2024
$8.3M
C
Cloover
Stockholm, Sweden · Energy
Seed · May 2024
$114M
E
Epishine
Norrköping, Sweden · Energy
Series Unknown · May 2024
$3.5M
F
Fever
Stockholm, Sweden · Energy
Seed · Feb 2024
$11M
E
Exeger
Stockholm, Sweden · Energy
Series Unknown · Dec 2023
$38M
E
Enerpoly
Stockholm, Sweden · Energy
Series Unknown · Dec 2023
$8.4M
M
Meva Energy
Backa, Sweden · Energy
Series A · Aug 2023
$9.9M
A
Absolicon Solar Concentrator
Härnösand, Sweden · Energy
Series Unknown · Jul 2023
$600k
S
Scandinavian Enviro Systems
Göteborg, Sweden · Energy
Series Unknown · May 2023
$30M
A
Altris
Gävle, Sweden · Energy
Series Unknown · May 2023
$4.9M
M
Modvion
Göteborg, Sweden · Energy
Series Unknown · Feb 2023
$12M
S
SunRoof
Stockholm, Sweden · Energy
Series Unknown · Jan 2023
$15M
Q
Qoitech
Lund, Sweden · Energy
Series Unknown · Dec 2022
Undisclosed
S
Scandinavian Biogas Fuels International
Stockholm, Sweden · Energy
Series Unknown · Dec 2022
Undisclosed
P
Peafowl Plasmonics
Uppsala, Sweden · Energy
Seed · Apr 2022
$4.1M
S
Stockholm Exergi
Stockholm, Sweden · Energy
Grant · Apr 2022
$199M
S
Svea Solar
Sollentuna, Sweden · Energy
Private Equity · Mar 2022
$100k
L
Ligna Energy
Norrköping, Sweden · Energy
Series A · Mar 2022
$1.4M
K
Krafthem
Stockholm, Sweden · Energy
· Aug 2020
$500k

Related listings

Frequently asked

What does the largest disclosed round look like compared to the rest of this Sweden energy list?

Stockholm Exergi’s $199M (grant) on 2022-04-01 is the outlier at the top; even the next-highest visible disclosed amounts such as Cloover’s $114M (2024-05-28) and OX2’s $77M (2024-12-11) are well below $199M.

Which cities cluster most strongly across the most recent 33 entries?

Stockholm appears repeatedly across different rounds and stages (e.g., Alight $49M on 2025-03-04; Novatron $11M on 2025-03-19; Tethys Oil $60M on 2024-08-02), while other locations show up less often—e.g., Göteborg (Liquid Wind $46M on 2024-11-21; Scandinavian Enviro Systems $30M on 2023-05-05) and Lund (Qoitech 2022-12-19, undisclosed).

Are most rounds concentrated in a narrow time window, or spread broadly across years?

They’re broadly distributed across time: the oldest row is Krafthem on 2020-08-05 ($500K), while the most recent is CorPower Ocean on 2025-07-07 (undisclosed). The list also shows multiple mid-2024 to early-2025 entries at $3M-scale (e.g., Minesto $3M on 2025-06-27; Engrate $3M on 2025-06-12; Climeon $3M on 2025-05-15), but not a single tight multi-month cluster that captures most deals.

How dominant is “Series Unknown” (and how much is undisclosed) in the dataset?

“Series Unknown” is the most common label with 15 rows (for example: Altris $5M on 2023-05-02; Climeon $3M on 2025-05-15; Scandinavian Enviro Systems $30M on 2023-05-05). “Undisclosed” appears in 2 entries (CorPower Ocean on 2025-07-07; Qoitech on 2022-12-19 is also marked undisclosed), leaving a smaller set with explicit stages like Seed, Series A/B/C, and Private Equity.

Which stage labels show up alongside the largest ticket sizes?

Large disclosed amounts appear across multiple stage labels rather than one category: Cloover’s $114M is marked Seed (2024-05-28), OX2’s $77M and Alight’s $49M are marked Series Unknown (2024-12-11 and 2025-03-04), and Liquid Wind’s $46M is Series C (2024-11-21). Meanwhile, smaller disclosed rounds include $100K for Svea Solar (Private Equity, 2022-03-24) and $1M for Ligna Energy (Series A, 2022-03-04).

Which disclosed amounts are the clearest low-end reference points for this list?

The lowest disclosed amounts in the visible rows include Svea Solar’s $100K (2022-03-24) and $600K for Absolicon Solar Concentrator (2023-07-12, Series Unknown). Several other low-to-mid tickets cluster around $1M–$5M such as DREM $1M (2024-11-11) and Altris $5M (2023-05-02).

Free · Every Monday

Know which startups just got funded. Every week.

Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.

Free. Sent every Monday. Unsubscribe anytime.