Sweden

Norrsken from Sweden rebrands Accelerator as Norrsken Evolve and closes €57M Pre-Seed Fund

Norrsken Foundation, the Stockholm-based non-profit founded by Niklas Adalberth, has rebranded its accelerator as Norrsken Evolve and announced the first close of an oversubscribed €57 million pre-seed fund.

Sweden

Norrsken from Sweden rebrands Accelerator as Norrsken Evolve and closes €57M Pre-Seed Fund

Sweden

Aira secures €150M to accelerate Mission to take Europe Off Gas

Aira, a Stockholm-based clean energy technology company, has raised €150 million in equity financing from existing investors, including Altor, Kallskär1, Kinnevik, Lingotto, and Temasek.

Sweden

Lovable achieves Unicorn Status with €172M Series A Round

Swedish AI startup Lovable has officially reached unicorn status after securing a massive €172 million ($200 million) in a Series A funding round led by Accel.

Sweden

Tandem Health secures $50M to build AI-Native Operating System for Clinicians

Stockholm-based Tandem Health has secured $50 million (approx. €42.6 million) in a Series A round to accelerate development of its AI-native platform for clinical workflows.

Sweden

Polestar secures €174M to power EV Expansion Plans

Swedish electric vehicle maker Polestar has secured a €174 million equity investment from PSD Investment Limited, a company controlled by Geely Holding Group founder Eric Li.

Sweden

SWEBAL snaps €3M to build Sweden’s first TNT Facility since the 1990s

Stockholm-based defense startup SWEBAL has raised €3 million in strategic funding to establish Sweden’s first TNT manufacturing facility in over three decades.

Sweden

Sweden’s Lignin Industries secures €3.9M to scale sustainable plastic alternatives

Swedish greentech startup Lignin Industries has raised €3.9 million in a fresh funding round to advance its commercialisation and scale its eco-friendly thermoplastic alternative.

Sweden

Froda from Sweden secures €20M to expand across Europe and close the SME Lending Gap

Froda, a Stockholm-based embedded finance scaleup, has secured €20 million in Series B funding to accelerate its European expansion and tackle one of the continent’s most persistent economic issues: the €400 billion SME funding gap.

Sweden

Evroc secures $55M to build Europe’s First Sovereign Hyperscale Cloud

Swedish cloud infrastructure startup Evroc has raised €50.6 million ($55M) in Series A funding to accelerate its mission of building Europe’s first sovereign hyperscale cloud.

Sweden

Northvolt files for Bankruptcy in Sweden amid Financial Struggles

Swedish battery manufacturer Northvolt has filed for bankruptcy, citing rising costs, supply chain disruptions, and financial instability.

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Sweden

Norrsken from Sweden rebrands Accelerator as Norrsken Evolve and closes €57M Pre-Seed Fund

Norrsken from Sweden rebrands Accelerator as Norrsken Evolve and closes €57M Pre-Seed Fund

Aira secures €150M to accelerate Mission to take Europe Off Gas

Lovable achieves Unicorn Status with €172M Series A Round

Tandem Health secures $50M to build AI-Native Operating System for Clinicians

Polestar secures €174M to power EV Expansion Plans

SWEBAL snaps €3M to build Sweden’s first TNT Facility since the 1990s

Sweden’s Lignin Industries secures €3.9M to scale sustainable plastic alternatives

Froda from Sweden secures €20M to expand across Europe and close the SME Lending Gap

Evroc secures $55M to build Europe’s First Sovereign Hyperscale Cloud

Northvolt files for Bankruptcy in Sweden amid Financial Struggles

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Powerhouse raises €750K to accelerate European Expansion and bring AI to branded Real Estate

Dominion Dynamics raises $4M to modernize Arctic Surveillance and Strengthen Canada’s Defence Tech

CybaVerse raises £5M Series A to scale AI-Powered Cybersecurity for SMEs and MSPs

Tubulis raises record €308M Series C to advance Antibody-Drug Conjugate Therapies

EverZom raises €10M to accelerate Exosome-Based Regenerative Therapies

Spex Capital commits €30M toward €100M Global HealthTech Fund