FundedIQ

Recently Funded Hardware Startups in Sweden

Updated Sep 2026

FundedIQ tracks 11 funded Hardware startups in Sweden, with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the Hardware startup funding landscape in Sweden, along with the 11 most recently funded Hardware startups in Sweden.

Stockholm and Gothenburg hold the deepest concentrations of these companies. Hardware startups in Sweden closed 5 funding rounds over the last 24 months, 2 of them in the last 12 months, and raised $19M in disclosed capital. The median disclosed round is $2.0M, with the middle half of rounds falling between $1.2M and $5.4M.

Stockholm leads a cluster of early stage ventures with small teams. These companies are typically in their infancy, making them ideal targets for vendors selling foundational infrastructure or seed stage services. The concentration in Gothenburg and Linköping indicates a regional specialization in physical engineering. This profile favors partners capable of supporting lean operations during initial product development.

Hardware funded startup statistics in Sweden

Funded Hardware startups in Sweden
11
tracked in the database
Funding rounds, last 12 months
2
5 over 24 months
Disclosed capital raised, 24 months
$19M
4 of 5 rounds disclosed an amount
Median round size
$2.0M
middle half $1.2M to $5.4M

Most recent funding round on record: Jun 2026.

11 most recently funded Hardware startups in Sweden

11 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

S
Gothenburg, Sweden · Hardware
Smoltek provides a patented disruptive technology that makes it possible to grow conductive nanostructures on…
Series Unknown ·
$20k
P
Polar Light Technologies
Linköping, Sweden · Hardware
Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
Series Unknown ·
Undisclosed
T
Lund, Sweden · Hardware
TerraNet AB creates software that allows for the streaming of data, audio, and video in areas without…
Series Unknown ·
$1.6M
F
Kista, Sweden · Hardware
Forsway's visionary team has developed a highly cost-effective hybrid approach to extending satellite…
Series Unknown ·
$2.4M
S
Göteborg, Sweden · Hardware
Smart Eye is the global leader in Human Insight AI, technology that understands, supports and predicts human…
Series Unknown ·
$15M
B
Stockholm, Sweden · Hardware
Blixt provides semiconductor circuit breakers and household fuses that support smart metering and smart grid…
·
$5.4M
M
Stockholm, Sweden · Hardware
Mentalytics, established in 2002, is a frontrunner in the commercial Neurotech industry. Their flagship…
Series Unknown ·
$400k
M
Stockholm, Sweden · Hardware
Our company, Mother, is a Swedish medtech firm that is dedicated to creating easily attainable and expandable…
Pre-Seed ·
$280k
O
Solna, Sweden · Hardware
Really mobile - truly broadband Customers all over the world can use Ovzon's market-leading…
Series Unknown ·
$19M
M
Gothenburg, Sweden · Hardware
In terms of hardware and software simulation systems for endovascular therapies, Mentice is the industry…
Series Unknown ·
$280k
S
Stockholm, Sweden · Hardware
STILRIDE develops sleek electro-mobility devices based on sustainable industrial origami LIGHTFOLD.
Seed ·
$3.5M

Where are funded Hardware startups located in Sweden?

Where funded Hardware startups in Sweden are based, by the city on the company record.

About the FundedIQ Hardware startup funding data in Sweden

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 11 funded Hardware startups in Sweden currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (1 of 5 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded Hardware startups in Sweden is dated Jun 2026.

The table above shows the 11 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded Hardware startups are there in Sweden?

FundedIQ tracks 11 funded Hardware startups in Sweden. This page lists the 11 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have Hardware startups in Sweden raised?

Hardware startups in Sweden tracked by FundedIQ have raised $19M in disclosed capital across 5 funding rounds over the last 24 months, including 2 rounds in the last 12 months. 4 of those 5 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

Which cities have the most funded Hardware startups in Sweden?

Stockholm leads with 4 companies, then Gothenburg (3), Kista (1) and Linköping (1).

What is a typical funding round size for Hardware startups in Sweden?

The median disclosed round over the last 24 months is $2.0M, and the middle half of rounds fall between $1.2M and $5.4M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

How often is the Hardware startup funding data in Sweden updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded Hardware startups in Sweden is dated Jun 2026. Counts and totals on this page are recomputed on every refresh.

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