Top Unicorn Startups in Sweden for 2025

In Sweden, we rank 7 unicorn startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in Sweden are falling behind the performance of their global counterparts.

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Top Unicorn Startups in Sweden for 2025

SB Score:844

Klarna provides online payment solutions, known for its "buy now, pay later" service, allowing consumers to shop with flexibility and security.

Industry:
Fintech
Subindustry:
Payments

City Rank (Stockholm)

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Regional Rank (Western Europe)

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Global Rank (WorldWide)

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SB Score:649

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plants to produce batteries for electric vehicles. Northvolt's product is an environment-friendly battery manufactured with a minimal carbon footprint and with recycling technology without compromising important ecosystems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Stockholm)

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Regional Rank (Western Europe)

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Global Rank (WorldWide)

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3rd

KRY
SB Score:645

KRY revolutionizes healthcare by providing easy access to convenient care, making it more accessible for everyone.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Stockholm)

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Regional Rank (Western Europe)

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Global Rank (WorldWide)

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Total amount:7

Best Software & Data Startups in Sweden for 2025

Sweden startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data unicorns in Sweden have raised more than USD 881M, an amount that is higher than the global industry average.
SB Score:493

Polarium provides high-performance, safe, and eco-friendly energy storage solutions utilizing lithium-ion technology. Designed for diverse climates—from tropical to polar regions—Polarium is a leader in sustainable energy storage, catering to customers across all continents with innovative and reliable solutions.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Stockholm)

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Regional Rank (Western Europe)

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Global Rank (WorldWide)

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Total amount:1

Most Valuable Unicorns in Sweden for 2025

The top three most valuable unicorns in Sweden have raised total funding of more than USD 739M. Among the top three funded unicorns, the most popular industry, based on total funding, is Healthtech.
SB Score:844

Klarna provides online payment solutions, known for its "buy now, pay later" service, allowing consumers to shop with flexibility and security.

Industry:
Fintech
Subindustry:
Payments

City Rank (Stockholm)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:649

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plants to produce batteries for electric vehicles. Northvolt's product is an environment-friendly battery manufactured with a minimal carbon footprint and with recycling technology without compromising important ecosystems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Stockholm)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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3rd

KRY
SB Score:645

KRY revolutionizes healthcare by providing easy access to convenient care, making it more accessible for everyone.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Stockholm)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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Total amount:7

Top Hiring Unicorns in Sweden by Employee Number

The top three hiring unicorns in Sweden have an average employee size that is smaller than to the global average. Among these, the Energy & Environment industry features the unicorn with the largest workforce.
SB Score:649

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plants to produce batteries for electric vehicles. Northvolt's product is an environment-friendly battery manufactured with a minimal carbon footprint and with recycling technology without compromising important ecosystems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Stockholm)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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SB Score:844

Klarna provides online payment solutions, known for its "buy now, pay later" service, allowing consumers to shop with flexibility and security.

Industry:
Fintech
Subindustry:
Payments

City Rank (Stockholm)

0

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Regional Rank (Western Europe)

0

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Global Rank (WorldWide)

0

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3rd

KRY
SB Score:645

KRY revolutionizes healthcare by providing easy access to convenient care, making it more accessible for everyone.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Stockholm)

0

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Regional Rank (Western Europe)

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Global Rank (WorldWide)

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SB Score:630

Epidemic Sound was founded 2009 in Stockholm, Sweden. We are 20 people at our HQ working closely with a few hundred very talented composers and producers from various nations, and we have clients and collaborators all over the world.

Industry:
Social & Leisure
Subindustry:
Entertainment

City Rank (Stockholm)

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Regional Rank (Western Europe)

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Global Rank (WorldWide)

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Total amount:7

Explore the Startup Ecosystem of Sweden

Population

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10.5 Million

new

Regional Rank

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2nd

0

Global Rank

(WorldWide)

6th

1

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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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