An innovation hub and meeting place for the Nordic HealthTech community, where startups connect, collaborate & share to shape the future of health. Abstract: In 2015 the European Commission (EC) DG CNECT launched the 2. nd. It does not invest in seed or early stage, or sectors like biotech, cleantech or gambling. The Southern Sweden region is close to accounting for 1 of every 10 investments into tech companies in the Nordics. Something we see in Sweden currently is a widespread emergence of impact technology startups which, across a variety of fields, are developing products and services that have a positive effect on our society. Almi Invest is owned by Almi Corporate Partners and ultimately by the Swedish state. Founded in 2017 by prominent members of Sweden’s technology, investment and music communities, Amplify is Sweden’s first music tech-oriented startup incubator, supporting young entrepreneurs who are trying to incorporate music elements into their tech business. The Nordic region, defined as Denmark, Iceland, Finland, Norway, and Sweden (and less formally Estonia), is responsible for a disproportionate share … It therefore invests in the fintech sector including banking products and loyalty programs, and in services where fintech is part of the solution, such as proptech, insurtech, regtech, and e-commerce. The historic agreement between unions and employer federations for high minimum salaries, has “forced” corporations and the public sector to be very active with digitalization to stay competitive. Almi Invest is part-financed by the EU, Almi Corporate Partners and regional organizations. A range of initiatives aimed at boosting the ecosystem. Sweden Startup Map has 315 startups, and the most popular startups in Sweden are Soundcloud, Truecaller and Soundtrap. It has offices in Stockholm, Oulu, and Helsinki. Founded in 1996, it has invested in over 130 companies, including Spotify and iZettle. It invests in companies with an established business, typically with revenues of SEK 50-250 million (EUR 5-25 million) and proven profitability. A large volume of European music is written and produced by Swedes and the country’s musical exports are some of the largest in the world in relation to GDP. Startup ecosystem management When management is applied to the whole start-up ecosystem, rather than just single start-ups or organizations, it is termed start-up ecosystem management. Explore Startup Ecosystem. Since 2010, the Alfvén & Didrikson team has made investments in fast growing Northern European companies such as Trustly, Quinyx, Glue, Acast, Offerta, Sympa, PE accounting and PingPong. Antler inaugurated a Stockholm cohort in Spring 2019. Standout Capital is a private equity firm investing in growing Nordic tech companies, with a typical investment size of SEK 50-150 million (EUR 5-15 million) per company. a docuseries created by Startup Sweden and Tillväxtverket, showcasing astonishing organisations - and people - driving local startup ecosystems forward throughout Sweden. Project Uppsala is finally launched! Best networking opportunity in the city. Atomico's annual report “The State of European Tech” ranked Malmö as one of the top 20 European cities for capital invested in 2020. This should come as no surprise, as the United States has the biggest economy of any nation in the world. The aim is to help the students, researchers and employees at KTH commercialize their research results and business ideas. The company has clear potential to be the next Swedish unicorn, and the first with a female co-founder and CEO. The startup ecosystem of Israel is a result of a collaboration between the state, venture capital firms, successful entrepreneurs, educational system, … It has the government's mission to promote sustainable business development and regional growth and to implement structural fund programs. Just like we’ve seen with early startup successes like Skype, Yubico, Stardoll and Spotify, it is likely that we will also see current employees of the Swedish startups making waves internationally, moving on to set up their own businesses. They offer working space, guidance, services, industry expertise, and access to a large network of partners. (Source: Zenith Group), Amplify Sweden (Stockholm): Founded in 2017 by prominent members of Sweden’s technology, investment and music communities, Amplify is Sweden’s first music tech-oriented startup incubator, supporting young entrepreneurs who are trying to incorporate music elements into their tech business. Network connectivity within and between the ecosystems is the single most important contributor to growth . (Source: EU-Startups), Zenith Capital (Stockholm): The Zenith Group currently has three streamlined investment strategies under the same roof: Venture Capital (start-up company), Growth (growth company) and Real Estate (real estate funds). Sweden's startup scene is going strong with new businesses being introduced in the Fintech, Healthtech, AI, Cybersecurity, Internet, Software & media industries. The country has incubated some of the best startups that are widely popular and has made a huge mark in the world stage. (Source: EU-Startups), SUP46 (Stockholm): Known to be the home of the Stockholm’s startup community and the key meeting point for all startup enthusiasts, SUP46 functions as a membership-based community, where members are cherry-picked and offered funding, mentorship and coworking space. The Growth Agency is a government agency under the Ministry of Trade and Industry. The startup program is designed to support the acceleration of AI in the Swedish Startup Ecosystem. (Source: Propel Capital), Qalora Capital (Stockholm): Qalora Capital is a tech-focused investment bank that helps entrepreneurs with financing and M&A. Connect Sverige: Connect is a private non-profit initiative. It invests in various verticals, such as Fintech, Medtech, E-sports, B2B SaaS and Deep Social Networks. Norrsken House is Europe’s biggest tech hub dedicated to social impact and houses people with the vision to change the world. It’s known for its voluntary RFID implants with whom members can unlock doors, access printers, and pay cashless at vending machines. (Source: EU-Startups), SU Incubator (Stockholm): SU Incubator develops and accelerates innovative business ideas from researchers, students, alumni and employees at Stockholm University. Nordic.js is an international two-day Javascript conference with talks by internationally renowned speakers and rising stars in the JavaScript community. (Source: EU-Startups), STHLM Tech Fest (Stockholm): One of the biggest startup gatherings in Europe, STHLM tech fest is an annual meetup platform for hundreds of tech entrepreneurs, founders, investors, designers, developers, and journalists, with a variety of talks and panel discussions and networking opportunities for fellow startup enthusiasts. Invests in European tech and healthcare startups. (Source: EU-Startups), STING Day (Stockholm): Sting Day is an exclusive, invitation-only demo day event for 400 carefully selected guests, including 60 selected startups from all over Sweden and 200 investors from 15 countries. (Source: STOAF), Sweet Capital (London): Supporting the world's best early-stage consumer mobile companies, established by the founders of King.com (Candy Crush). (Source: http://gullspanginvest.se/en/), Inbox Capital (Stockholm): Based in Stockholm, Sweden, Inbox Capital is a family-owned investor with a main focus on disruptive and scaleup tech companies. They support startups in five key areas of their business growth and provide financial support, coaching, recruitment assistance, networking opportunities, coworking spaces and marketing advice. Additionally, the building will include a gym, kindergarten and restaurant. He has a logical, analytic mind of startup ecosystem in Finland and Sweden, particularly in terms of venture capital. (Source: Sting), Silicon Vikings Stockholm Chapter (Stockholm): Silicon Vikings is a 40,000+ network headquartered in Silicon Valley whose aim is to connect the startup and tech communities in Silicon Valley and Stockholm, by sharing experiences, expertise, and contacts. A unique double-edged system, Sweden’s closed ecosystem for startups with outward-facing products is a powerful recipe that should see the country propel itself into the heart and minds of technology entrepreneurs the world over. Only 25 companies are accepted per year in a very selective process. Stockholm is widely recognized as one of the most innovative regions in the world – let us help you discover why. Something went wrong while submitting the form. The Swedish Energy Innovation Ecosystem Report is the result of our cooperation with the World Energy Council and the Swedish Energy Agency. They’re based in London, but have an office in Stockholm. After the Second World War, political reforms were introduced aimed at providing social and financial security to all Swedish residents. In 2018 alone, the Stockholm startup ecosystem saw two of Europe’s largest exits, with Spotify’s IPO and iZettle’s acquisition by PayPal. Propel Capital invests only in Sting companies and the investment size is normally SEK 400,000 (Sting Accelerate companies are guaranteed an investment and a selection of Sting Incubate companies receives an investment after evaluation). Includes startups that were exited/acquired. The government does a lot of work to support local initiatives and opens up many government backed funding programs to entrepreneurs whose Startups are not … (Source: EU-Startups), Inventure (Finland): A Nordic technology fund backing early-stage entrepreneurs. (Source: Butterfly Ventures), Creandum (Stockholm): Known as the leading Nordic venture capital firm, Creandum is investing in startups focusing on consumer internet, software, and hardware sectors. Wellstreet Ventures is the venture arm of the Wellstreet Group, an investment company, a strategic consultancy firm and a venture building incubator. The country also has transparent public regulations in the financial area, leading to a large volume of innovative fintech companies like OMX (which merged with NASDAQ), and the unicorns Klarna and iZettle. It primarily invests in Nordic unlisted companies seeking growth capital. (Source: Urban ICT Arena), Brilliant Minds (Stockholm): Founded by Spotify’s co-founder Daniel Ek in 2015, Brilliant Minds gathers the world’s “edgiest creators and purposeful leaders”, with the aim of challenging the status quo and discussing how innovation should be implemented to redefine the world we live in. Then in early 2020 it raised $155m in a funding round led by Ontario Teachers’ Pension Plan to support plans for further expansion in Europe, Founder and CEO of STING (Stockholm Innovation & Growth). (Source: Walerud Ventures), Wellstreet Ventures (Stockholm): Wellstreet Ventures is the venture arm of the Wellstreet Group, an investment company, a strategic consultancy firm and a venture building incubator. We see a strong interest in this field from Swedish VCs that wish to invest in such companies. (Source: EU-Startups), The Park (Stockholm): A personal and creative co-working space with offices, event areas & conference rooms at three attractive addresses in Stockholm. So far more than 40 companies in the Nordic and the UK markets are backed by them. Backed by the Swedish venture capital firm Wellstreet, the Factory’s top-class infrastructure was planned to host 1400+ people, 100+ startups and scaleups, VCs, a tech school, labs, and innovation centers. Alfvén & Didrikson is an active and long term backer of passionate entrepreneurs and teams with international growth ambitions. Best networking opportunity in the city. Provides professional seed stage financing to early stage technology companies throughout Sweden that are looking to disrupt or transform major industries with digital technologies and innovations. They’re based in London, but have an office in Stockholm. Have someone in mind? Founded by the Swedish government in 1979 to support industrial development but switched to venture capital investments in 1996, Industrifonden is one of the larger venture capital firms in the Nordics, with US$600 million in assets. They support startups in five key areas of their business growth and provide financial support, coaching, recruitment assistance, networking opportunities, coworking spaces and marketing advice. It typically invests in tech companies for amounts between €3 million and €75 million, with a geographical focus on Europe and the US. Founded by Spotify’s co-founder Daniel Ek in 2015, Brilliant Minds gathers the world’s “edgiest creators and purposeful leaders”, with the aim of challenging the status quo and discussing how innovation should be implemented to redefine the world we live in. The Zenith Group currently has three streamlined investment strategies under the same roof: Venture Capital (start-up company), Growth (growth company) and Real Estate (real estate funds). The regional subsidiaries are 51 percent owned by the parent company and 49 percent by regional owners and offer loans and business development. (Source: Monterro), NFT Ventures (Stockholm): Established in 2014, NFT Ventures wanted to capture the opportunity in the transformation of banking and financial services. STOAF (originally short for Stockholms Affärsänglar) has since its start in mid-2008 operated three angel funds. (Source: H2 Health Hub), Norrsken House (Stockholm): Norrsken House is Europe’s biggest tech hub dedicated to social impact and houses people with the vision to change the world. It’s known for its voluntary RFID implants with whom members can unlock doors, access printers, and pay cashless at vending machines. Last year, AIIMs Delhi and AIIMS Jodhpur, together with Business Sweden, launched the India- Sweden Healthcare Innovation Centre, to create a cross country ecosystem of open innovation and to provide the opportunity for start-ups and health workers to resolve current and future challenges in healthcare. Team size 1. Swedish Startup Nation is a docuseries from Startup Sweden and Tillväxtverket, showcasing astonishing things - and astonishing people - driving local startup ecosystems forward throughout Sweden. Sweden ranks 10 globally among 202 countries, based on the strength of its startup ecosystem. (Source: Alfvén & Didrikson), Almi Invest (Stockholm): A public sector independent venture capital company is to be a bridge to private capital and contribute to a functioning venture capital market throughout the country. (Source: Kichi Invest), Kreos Capital (Stockholm): Europe & Israel's leading growth debt provider for high-growth companies. With a total of €435 million raised, 75 investments in their portfolio, in seed, Series A and later stage rounds, Creandum is the first stop for any entrepreneur. EQT Ventures is a multi-stage €566 million VC fund, part of EQT, a leading investment firm. A collaborative 1500 square meter co-working space shared by 280 people. Today, Sweden’s capital Stockholm boasts the highest number of unicorns (seven) per capita of any city outside of Silicon Valley. Qalora Capital is a tech-focused investment bank that helps entrepreneurs with financing and M&A. By submitting you agree to your email address being stored and used to receive this newsletter. Stockholm, Gothenburg, Malmö, Luleå, Linköping, UK, Germany, USA, Finland, Norway, Denmark. The Factory is the largest innovation and tech hub in the Nordics. Placing focus on technology and life science sectors, its portfolio currently consists of 25 companies, including Barnebys, Soundtrack Your Brand, Fishbrain, AMRA, BONESUPPORT, and Oncopeptides. In 2018 the Swedish startup, which facilitates video calls to doctors or psychologists, raised €53m in a round was led by Index Ventures with Accel, Creandum and Project A. Via the platform, startups can get assistance with their recruitment of talent, connection with investors and access best practice tools (e.g. Epicenter is Stockholm’s first digital House of Innovation and runs innovation labs, hackathons, ideathons and offers flexible workplaces, studios, meetings rooms as well as world-class workshops and international lectures all year long. 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