50 Best Manufacturing Startups in Sweden to Watch in 2025

The Definitive Seedtable Ranking of Manufacturing Startups in Sweden

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 50 start-ups with an aggregate funding of $8.2b. The average funding per company in this subset is $163.6m.

Last update to the database: Feb 18, 2025. See changelog.

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12

Funding Rounds

$6.9b

Money raised

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy.

2

Funding Rounds

$21.1m

Money raised

LeadCold is a company developing lead-cooled small nuclear reactor technology founded in 2013 by Janne Wallenius, Jesper Ejenstam and Peter Szakalos.

2

Funding Rounds

$4.5m

Money raised

Cellink AB is a biotechnology research company based in Gothenburg.

2

Funding Rounds

$2.6m

Money raised

Flow Neuroscience is a Malmo, Sweden-based medical technology company developing treatments for mental health issues. The company offers a medication-free depression treatment that combines a brain stimulation wearable and an app-based therapy program.

Location:

Key people:

1

Funding Rounds

$200.0m

Money raised

Oatly is an oatmilk company originally from Sweden.

6

Funding Rounds

$60.0m

Money raised

Minut is a Scandinavian startup that produces home security software and hardware. Minut's product, Point, analysing sounds and the indoor environment. It can recognise things like alarms, windows breaking, or unexpected activity.

7

Funding Rounds

$8.7m

Money raised

Furhat Robotics is a conversational Al and Social Robotic development company.

Location:

Key people:

2

Funding Rounds

$300.0m

Money raised

Large-scale, integrated, digitalized, and automated steel plants with lower carbon impact.

11

Funding Rounds

$208.8m

Money raised

New materials that enhance the efficiency of solar cells.

2

Funding Rounds

$17.6m

Money raised

Vässla was founded by Rickard Bröms in 2017 and is an electric moped company based in Stockholm, Sweden.

Location:

Key people:

1

Funding Rounds

IFS is a company founded in 1983.

5

Funding Rounds

$8.9m

Money raised

Swedish Algae Factory is a Gothenburg-based company extracting silicon algae as a raw material with nanoporous material.

Location:

Key people:

2

Funding Rounds

$1.3m

Money raised

Mycorena AB is a biotechnology company founded in 2017 and currently based in Gothenburg.

1

Funding Rounds

$12.6m

Money raised

Modvion offers a new modular wind power tower that reaches higher altitudes, simplifies transportation and is built with the cheap renewable composite material CLT.

4

Funding Rounds

$6.8m

Money raised

Wakeboard that lets enthusiasts ride on water without needing wind or waves.

1

Funding Rounds

$36.2m

Money raised

Pulpac, founded in 2018, develops Dry Molded Fiber, manufacturing technology for low cost, high-performance fiber-based packaging and single-use products.

1

Funding Rounds

$59.9k

Money raised

IBCRobotics is providing industries with non-water, automated, environmentally-friendly cleaning solutions.

Location:

Key people:

1

Funding Rounds

$85.7k

Money raised

Cognibotics AB is a company that specializes in methods and services for high-performing and cost-effective determination of robot properties.

1

Funding Rounds

$600.0k

Money raised

EpinovaTech is a technology company producing electronics.

Location:

Key people:

1

Funding Rounds

$1.6m

Money raised

Freemelt AB is a research company that provides open-source EB- based metal 3D printers.

Location:

Key people:

4

Funding Rounds

$79.3m

Money raised

Water recycling technology designed for use in domestic appliances from a Swedish clean-tech company.

$110.0k

Money raised

Dolprop is on a mission to develop the most efficient, green and silent marine propulsion system, replacing conventional propellers

$550.0k

Money raised

System that simplifies the management and maintenance of heat pumps for service companies.

$800.0k

Money raised

Products designed for on-ice and off-ice training to enhance hockey performance.

Location:

$110.0k

Money raised

Astrid Wild is a Stockholm-based clothing company focused on Nordic outdoor fashion for women.

Location:

$260.0k

Money raised

Liquid Wind is an eFuel facility developer founded in 2017.

1

Funding Rounds

$480.0k

Money raised

Enerpoly develops affordable, safe, and sustainable zinc-ion batteries for energy storage solutions.

1

Funding Rounds

$450.0k

Money raised

Platform offering smart solutions to improve the quality of medical treatments.

2

Funding Rounds

$74.0m

Money raised

CAKE is a Swedish electric motorcycle manufacturer.

1

Funding Rounds

$27.4m

Money raised

BIMobject® is a company founded in 2011 by Stefan Larsson.

$790.0k

Money raised

Direct to consumer company on the path to end fast consumption

Industries:

Location:

Teenage Engineering is a swedish synthesizer manufacturer founded in 2005 by Jesper Kouthoofd.

$1.7m

Money raised

Kale United is an investment firm focused on supporting vegan startups founded in 2018.

2

Funding Rounds

$1.5m

Money raised

Sustainable bio-batteries for small and large-scale energy storage.

1

Funding Rounds

$6.5m

Money raised

Sproud makes vegan plant based milk

1

Funding Rounds

$230.0k

Money raised

Platform for recording, analyzing, and treating snoring and detecting apnea and heart health issues.

1

Funding Rounds

$21.8m

Money raised

Echandia is a maritime battery manufacturer founded in 2018.

1

Funding Rounds

$4.7m

Money raised

Device for home use that enhances brain function.

2

Funding Rounds

$3.2m

Money raised

3D printing company based in Gothenburg (Mölndal), Sweden.

1

Funding Rounds

Porkchop is an in-space logistics enabled by a reusable vehicle founded in 2019.

1

Funding Rounds

$474.2k

Money raised

Zyyx 3D Printer manufactures printers.

2

Funding Rounds

$7.9m

Money raised

Silicon Carbide (SiC) power semiconductors designed for next-generation energy efficiency and performance.

Industries:

Location:

1

Funding Rounds

$2.6m

Money raised

Inhalation Technology

1

Funding Rounds

$900.0k

Money raised

Water recycling system that works with washing machines.

1

Funding Rounds

$11.0m

Money raised

Producer of fossil-free iron from residues and waste.

1

Funding Rounds

$2.4m

Money raised

Developer of a first-in-class antibiotic for multidrug-resistant urinary tract infections

1

Funding Rounds

Micronic Laser Systems Korea Co., Ltd. is a Uppsala County-based company.

1

Funding Rounds

$3.9m

Money raised

Curb is an online food delivery platform founded in 2020.

1

Funding Rounds

$67.0m

Money raised

Syncron empowers manufacturers to maximize product uptime, deliver after-sales service experiences, while driving revenue and profit improvements.

1

Funding Rounds

$44.0m

Money raised

Qvantum is a heat pump manufacturer for sustainable cities founded in 1993.

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