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Series C Funded Startups in Sweden

Across the 13 shown Series C rounds in Sweden, the largest disclosed round is Instabox at $190M on 2022-04-21, with two higher outliers nearby: Volta Truck…

Across the 13 shown Series C rounds in Sweden, the largest disclosed round is Instabox at $190M on 2022-04-21, with two higher outliers nearby: Volta Trucks at $261M (2022-02-18) and Legora at $150M (2025-10-27). Everything else clusters mostly between about $14M and $66M, including Candela at $14M (2024-11-21) and Firstvet at $22M (2024-06-25).

The list also concentrates in a tight geographic and temporal pattern: 11 of 13 entries are based in Stockholm (e.g., Legora 2025-10-27; Natural Cycles 2024-05-30; Budbee 2021-01-14), with the remaining two in Göteborg (Liquid Wind, $46M on 2024-11-21) and nearby Stockholm-area locations (Instabox in Hägersten; Volta Trucks in Sigtuna). Dates span 2021-01-14 (Budbee) through 2025-10-27 (Legora), and several rounds cluster in late 2024, with three Series C closings dated 2024-11-21 (Candela $14M; Liquid Wind $46M) and earlier in 2024 such as Natural Cycles at $55M (2024-05-30).

Most recent rounds

13 shown

Related listings

Frequently asked

What stands out on deal size, and is there a clear gap between the biggest rounds and the rest?

Volta Trucks closed a disclosed $261M round on 2022-02-18, followed by Instabox at $190M (2022-04-21) and Legora at $150M (2025-10-27). The remaining disclosed amounts largely sit below that top range, including Liquid Wind at $46M (2024-11-21) and Candela at $14M (2024-11-21).

Do any sectors appear repeatedly across these Series C rounds?

Transportation shows up more than once: Instabox ($190M on 2022-04-21) and Volta Trucks ($261M on 2022-02-18). Apps also recurs with Firstvet ($22M on 2024-06-25) and Natural Cycles ($55M on 2024-05-30), while other sectors (e.g., AI, Energy, Gaming) appear once in the displayed rows.

Are most deals concentrated in one city, or are there meaningful geographic clusters besides Stockholm?

Stockholm dominates the dataset: 11 of 13 entries list Stockholm (e.g., Legora on 2025-10-27; Funnel on 2021-10-12; Resolution Games on 2021-07-14). The non-Stockholm entries are Liquid Wind in Göteborg (2024-11-21, $46M) and two Stockholm-area locations listed separately as Hägersten (Instabox, $190M on 2022-04-21) and Sigtuna (Volta Trucks, $261M on 2022-02-18).

Which entries fall into the most recent dates shown, and how do their disclosed amounts compare to earlier rounds?

Only one row is dated in 2025: Legora at $150M on 2025-10-27. In late 2024, the disclosed rounds are Candela $14M (2024-11-21) and Liquid Wind $46M (2024-11-21), plus Firstvet $22M (2024-06-25) and Natural Cycles $55M (2024-05-30), placing these amounts generally within the broader $14M–$66M band outside the largest outliers.

Is there an outlier beyond size—such as an unusually small disclosed round—worth flagging?

Candela is the smallest disclosed amount in the rows at $14M on 2024-11-21. The next-lowest disclosed amounts are Resolution Games at $25M (2021-07-14) and Firstvet at $22M (2024-06-25), making Candela notably smaller than the rest of the displayed set.

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