Venture Capital Firms in Sweden
Sweden’s startup ecosystem remains one of the most concentrated and active in Europe, characterised by significant venture capital activity, a diversified investor base, and a strong track record of generating globally competitive technology companies. Sweden is placed among the European countries with the highest VC investment per capita. Stockholm remains the primary hub, consistently ranking among Europe’s leading startup cities in terms of capital raised per capita.
Institutional support and policy play a recognisable role in the ecosystem. Government agencies and publicly backed funds provide capital, incentives and innovation programmes intended to strengthen commercialization of research, collaborate with academia and boost startup competitiveness.
Artificial intelligence became the single most prominent investment theme in 2025. AI-focused companies accounted for roughly a quarter to a third of total invested capital.
Notable investors include Creandum, Northzone and Norrsken VC.
11
Venture Capital Funds in Sweden
11 funds investing in Sweden
Almi Invest
Sweden's most active early-stage investor backing innovative startups
Ampli Ventures
We invest in SaaS companies that are ready to scale.
Creandum
Early-stage European VC backing category-defining tech companies
EQT Ventures
Multi-stage VC partnering with generation-defining founders
Flat Capital
We invest in passionate founders with long-term trust and transparency
Inception Fund
We invest €100k - €500k at inception stages in the top 0.1% of European & New Nordic technical founders building globally within business-facing software, AI and deeptech. We move fast. We keep it simple. No board seats. No need to lead. We are well networked across Europe and the US. Serving outlier founders to go from zero to one.
Nineyards Equity
Growth equity firm partnering with capital-efficient founder-led businesses
Norrsken Evolve
For founders building Europe's resilient and sustainable future
Norrsken VC
Early-stage impact VC backing founders building a better world
Northzone
Multi-stage VC partnering with resilient founders from Seed to Growth across Europe and US.
VNV Global
Investment company backing high-growth digital businesses globally