Funded Information Technology Startups in Sweden
Among the 35 most recent information technology rounds in Sweden, the largest disclosed amount is Normative.io’s $32M (2022-07-21).
Among the 35 most recent information technology rounds in Sweden, the largest disclosed amount is Normative.io’s $32M (2022-07-21). That figure sits well above the next-largest disclosed rounds in this slice, including Nordtech Group’s $103M (2022-03-03) as the actual top disclosed round and a set of other large disclosures like Planhat’s $50M (2022-04-21) and TrusTrace’s $24M (2024-01-18); most other disclosed amounts cluster between hundreds of thousands and low tens of millions. The list also shows a clear Stockholm concentration: at least 16 entries are based in Stockholm (e.g., Ortelius 2026-06-25 is Malmö, but SpectrumOne 2026-05-15, RedpineAI 2026-04-28, and TrusTrace 2024-01-18 are Stockholm), with multiple additional rounds across Malmö, Göteborg, and other regional hubs.
Temporally, the rounds run from Mavenoid on 2020-03-04 to Ortelius on 2026-06-25, with several disclosures clustered in 2024–2025 (e.g., Clavister $18M on 2025-11-27; Serstech $4M on 2024-11-25; Net Zero Company $6M on 2024-06-24). Stage disclosure is split between labeled stages and non-labeled entries: “Series Unknown” appears in many rows (e.g., Ortelius 2026-06-25; SpectrumOne 2026-05-15), and undisclosed amounts recur (e.g., Upsales 2026-05-28; Avassa 2024-10-01), making disclosed-size comparisons most reliable where dollar amounts are present.
Most recent rounds
35 shownRelated listings
Frequently asked
What’s the top disclosed round in this Sweden IT list, and is it an outlier versus the rest of the disclosed amounts?
The largest disclosed amount is Nordtech Group at $103M on 2022-03-03, which dwarfs other large disclosures such as Planhat at $50M (2022-04-21) and Clavister at $18M (2025-11-27). Outside those standouts, many disclosed entries fall into lower single-digit millions through the low tens of millions, indicating a high dispersion anchored by that $103M outlier.
Do specific cities dominate the geography of these funded IT companies?
Stockholm is the most represented location in the rows (e.g., SpectrumOne $850K on 2026-05-15; RedpineAI $8M on 2026-04-28; TrusTrace $24M on 2024-01-18). Other recurring hubs include Göteborg (e.g., CarbonCloud $8M on 2023-02-17; Normative.io is Stockholm though) and Malmö (e.g., Ortelius $50K on 2026-06-25; Dags is Malmö but undisclosed), but the concentration pattern is strongest for Stockholm.
Which time windows look most active among the most recent entries shown?
There’s a sustained recent window in 2024–2025 with multiple disclosed rounds, including Clavister’s $18M on 2025-11-27, 360Player’s $23M on 2024-11-27, and ClimateView’s $15M on 2023-06-12 continuing into the broader period. The dataset also includes entries near the edges (Mavenoid on 2020-03-04 and Ortelius on 2026-06-25), suggesting activity across the full 2020–2026 span rather than a single burst.
How does the stage labeling behave here—are most rounds categorized, or are non-labeled stages common?
Non-specific stage labels are frequent: multiple rows are marked “Series Unknown,” such as Ortelius (2026-06-25) and SpectrumOne (2026-05-15), while some rows show “Pre-Seed” (Serverpod $2M on 2024-02-23) or “Seed” (RedpineAI $8M on 2026-04-28; Net Zero Company $6M on 2024-06-24). Where amounts are disclosed, size comparisons are clearer, but stage metadata is often not specific in this slice.
Are there notable outliers in either very small disclosed rounds or undisclosed amounts that complicate comparisons?
The smallest disclosed amount is Substly at $400K on 2021-06-07, which sits near the bottom of the disclosed-size range alongside other sub-$1M disclosures like Progress Me ($600K on 2021-04-24) and Pigello ($500K on 2021-05-12). Separately, several entries report “undisclosed” amounts—Upsales (2026-05-28) and Avassa (2024-10-01), for example—so those rounds can’t be placed into the same disclosed-size distribution as SpectrumOne’s $850K (2026-05-15) or TrusTrace’s $24M (2024-01-18).
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