Dealroom – The State of the Swedish Tech Ecosystem, May 2025
The main theme of the report is the current state and achievements of the Swedish tech ecosystem.
Swedish startups have shown resilience in the face of global economic uncertainty, attracting €2.4 billion in venture capital in 2024. Sweden leads Europe in the number of unicorns per capita, particularly in advanced technologies, green transition, and life sciences. The country is actively developing its climate tech sector, with over 500 companies valued at $28 billion. Swedish companies with at least one female founder have raised €2.3 billion in venture capital since 2020, the highest in the Nordic countries. The need for inclusive investment strategies remains relevant, as only 9.9% of total venture capital funding went to companies with at least one female founder.
