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The Startup Ecosystem of Gothenburg

Gothenburg has 255 startups in our sample database. This represents about 12% of Sweden’s startups. Gothenburg is the 2nd best startup ecosystem in Sweden.

CITY RANKING

In 2024, the startup scene of Gothenburg developed considerably and increased in the Global Ecosystem Index by 28 spots.

National Ranking

2nd
+
1
In Sweden

Regional Ranking

32nd
+
10
In Western Europe

Global Ranking

133rd
+
28
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Gothenburg Top Startup Industries

Hardware & IoT icon
Hardware & IoT
#72 worldwide

27 startups

Energy & Environment icon
Energy & Environment
#73 worldwide

21 startups

Transportation icon
Transportation
#75 worldwide

10 startups

Ecosystem HealthCheck

Gothenburg Ecosystem Health Check

The health check tables allow you to look at the performance Gothenburg has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global133-1255
Hardware & IoT723330
Energy & Environment00.0000.0000.00
Transportation00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Healthtech00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Gothenburg

Download list
NA-KD.com startup logo
Ecommerce & Retail | Ecommerce
Unranked
Axel Arigato startup logo
Ecommerce & Retail | Ecommerce & Retail-Other
Unranked
Winningtemp startup logo
Software & Data | Software
Unranked
Bokio startup logo
Fintech | Accounting
Unranked
Juni startup logo
Fintech | Online Banking
Unranked
IGDB startup logo
Social & Leisure | Gaming
Unranked
Visiba Care startup logo
Healthtech | Health Care
Unranked
Knodd startup logo
Software & Data | Apps
Unranked
Wint startup logo
Fintech | Accounting
Unranked
Heart Aerospace startup logo
Transportation | Aerospace
Unranked
Privasea startup logo
Software & Data | Data Analytics
Unranked

Browse 244 more startups in Gothenburg with the pro account.

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Startup Ecosystem Charts

Startup Funding in Gothenburg2017 - 2024

Startup Funding in Gothenburg 2017 - 2024

From 2022 to 2023, startup funding in Gothenburg has decreased by 75.51%. During this period, the number of deals in Gothenburg has decreased by 48.11%. Since 2017, total startup funding in Gothenburg exceeded US$ $1.72B.

Average Funding in 2023

$1.74M

Gothenburg
Sweden
-52.79% YoY

Funding in 2023

$95.82M

Gothenburg
Sweden
-75.51% YoY

Deals in 2023

55

Gothenburg
Sweden
-48.11% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B0306090120

Ecosystem

The Startup Ecosystem in Gothenburg

Startups in Gothenburg excel in Hardware & IoT, Energy & Environment, and and Transportation. There are some notable success stories contributing to the city’s growing Hardware & IoT industry. One of the most promising startups in Gothenburg in 2024 is NA-KD.com, Axel Arigato, and Winningtemp.

Global Rank

Gothenburg is ranked within the top 150 startup ecosystems globally.

Top Industries

Gothenburg’s startups excel particularly in Hardware & IoT where it ranks 72 and in Energy & Environment, and Transportation. Find out more

Top Cities for Startups in Sweden - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
26th
-
7
31.934
00.00
00.00
00.00
2nd
+
1
133rd
+
28
5.172
00.00
00.00
00.00
3rd
-
1
176th
-
34
3.358
00.00
00.00
00.00
4th
0
306th
-
13
1.258
00.00
00.00
00.00
5th
0
353rd
-
52
1.013
00.00
00.00
00.00
6th
0
474th
+
14
0.543
00.00
00.00
00.00
7th
new
514th
new
0.464
00.00
00.00
00.00
8th
-
1
551st
-
25
0.393
00.00
00.00
00.00
9th
-
1
790th
-
104
0.192
00.00
00.00
00.00
10th
+
1
895th
-
74
0.149
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Gothenburg
NA-KD.com startup icon
NA-KD.com
Axel Arigato startup icon
Axel Arigato
Winningtemp startup icon
Winningtemp

ECOSYSTEM

Why should you join Gothenburg's Startup Ecosystem?

Overview

Within Gothenburg there is an increased attraction for entrepreneurs to set up their startups in industries such as Hardware & IoT, Energy & Environment, Transportation. These three industries represent about 23% of the startups represented on the Startup Ecosystem Map of Gothenburg.

2nd

National Rank

32nd

Regional Rank

Overview

Gothenburg is Sweden's 2nd best startup ecosystem and is ranked 32nd in Western Europe. With a population of 1M - 2M people, Gothenburg is ranked 133rd in the world. The city has some notable startup success stories including NA-KD.com.

ECOSYSTEM
Startup Infrastructure in Gothenburg
With a large variety of initiatives, Gothenburg's startup ecosystem stands out from other cities in Western Europe. Gothenburg offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Gothenburg's most prominent support initiatives:

BLOG

Recent Posts

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]

Thu Feb 20 2025

Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems

In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]