69 Best Hardware Startups in Sweden to Watch in 2024

CorPower Ocean is a wave energy converter solutions provider founded in 2012 by Patrik Möller .

Total Raised: $44.00M

Last Funding: $35.00M (Series B)

Uniti is an electric city car that aims for holistic sustainability, a futuristic user experience and is developed in an open source manner.

Total Raised: $3.34M

Last Funding: $1.50M (Seed)

Manufacturer of electric commercial trucks.

Total Raised: $130.43M

Last Funding: $61.87M (Unknown)

Smart home alarm manufacturer.

Total Raised: $24.43M

Last Funding: $2.10M (Seed)

AR/VR games studio and publishing platform.

Total Raised: $38.50M

Last Funding: $7.50M (Series B)

Energy savings technology for data centers.

Total Raised: $3.44M

Last Funding: $3.44M (Seed)

Producer of roof-integrated solar panels.

Total Raised: $19.78M

Last Funding: $14.40M (Series A)

Developer of wave energy converters (WEC).

Total Raised: $19.56M

Last Funding: $2.10M (Seed)

Supplier of nitride-based HEMT structures striving to lead the global market.

Total Raised: $12.00M

Last Funding: $12.00M (Unknown)

Platform that offers ADHD tests, treatment optimization, and clinician training tools.

Total Raised: $15.44M

Last Funding: $15.44M (Unknown)

Platform delivering engaging OTT video experiences across various devices.

Total Raised: $17.00M

Last Funding: $17.00M (Unknown)

Developed a digital service where a small wireless heart monitor reading of the heart's ECG and heart sounds

Total Raised: $9.76M

Last Funding: $9.76M (Unknown)

Lighting system designed to change how we illuminate our homes and public spaces.

Total Raised: $11.67M

Last Funding: $11.67M (Unknown)

Recovery tech massage products

Total Raised: $1.56M

Last Funding: $1.56M (Unknown)

DNA sequencing system focused on advancing 3-D sequencing for life science improvements.

Total Raised: $7.47M

Last Funding: $1.56M (Seed)

Biotechnology company offering sensor solutions for real-time detection of biological systems and processes.

Total Raised: $3.02M

Last Funding: $3.02M (Seed)

Technology company specializing in digital sound optimization solutions.

Total Raised: $13.20M

Last Funding: $13.20M (Unknown)

Platform ensuring secure and reliable IoT networking.

Total Raised: $1.34M

Last Funding: $1.13M (Unknown)

Greentech company providing innovative electric vehicle charging solutions.

Total Raised: $15.28M

Last Funding: $15.28M (Unknown)

Platform for analyzing and visualizing energy data.

Total Raised: $10.95M

Last Funding: $10.95M (Series A)

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

Total Raised: $2.02M

Last Funding: $2.02M (Seed)

Platform for advancing biomedical research and diagnostics.

Total Raised: $6.00M

Last Funding: $6.00M (Unknown)

Diagnostic tool that turns the latest research into products for better health and well-being.

Total Raised: $6.23M

Last Funding: $6.23M (Unknown)

A Lund, Sweden-based developer of inhalers for drugs that treat conditions such as asthma and COPD.

Total Raised: $6.30M

Last Funding: $6.30M (Unknown)

Wireless implantable electronics that stimulate, steer, and monitor bone growth.

Total Raised: $8.74M

Last Funding: $8.74M (Unknown)

Retail technology company that develops innovative tools to enhance customer shopping experiences.

Total Raised: $4.37M

Last Funding: $4.37M (Unknown)

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

Total Raised: $5.55M

Last Funding: $3.39M (Unknown)

Chip solution enabling digital beamforming with integrated front-end and antenna arrays for mobile phones and IoT devices.

Total Raised: $4.70M

Last Funding: $4.00M (Unknown)

Digital tool that translates healthcare information.

Total Raised: $3.16M

Last Funding: $2.75M (Unknown)

Ingested medical device to lower blood sugar in prediabetics.

Total Raised: $5.60M

Last Funding: $4.00M (Seed)

Platform that helps detect and monitor osteoporosis in users.

Total Raised: $1.79M

Last Funding: $1.29M (Unknown)

Platform using computer vision and machine learning to anonymously track, monitor, and analyze people.

Total Raised: $3.41M

Last Funding: $3.41M (Unknown)

Disruptive IoT, cloud & AI technology empowering smart property owners in the digitalization of properties and industrial processes.

Total Raised: $2.76M

Last Funding: $2.76M (Series A)

Medical device that accurately monitors heart activity.

Total Raised: $1.79M

Last Funding: $1.79M (Unknown)

A surgical sewing machine providing a unique solution for surgical suturing.

Total Raised: $1.69M

Last Funding: $1.69M (Unknown)

Device that helps treat depression using gentle brain stimulation.

Total Raised: $1.45M

Last Funding: $1.45M (Unknown)

Platform that transforms your smartphone into a digital key for unlocking restricted areas with a simple tap.

Total Raised: $2.41M

Last Funding: $2.41M (Unknown)

dLaboratory AB is a Swedish company that offers a unique concept of smart power grids.

Total Raised: $2.07M

Last Funding: $2.07M (Unknown)

Platform offering clean and sustainable water solutions.

Total Raised: $1.19M

Last Funding: $1.19M (Series A)

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

Total Raised: $1.56M

Last Funding: $1.56M (Seed)

SaaS, IoT, Healthcare, CpaaS

Total Raised: $1.06M

Last Funding: $0.00M (Unknown)

Online shop offering electronic massagers, headphones, skincare, and exercise products.

Total Raised: $1.38M

Last Funding: $1.15M (Unknown)

Platform that automates product recommendations and customizes product creation using 3D foot scans, retail purchase data, and AI.

Total Raised: $1.54M

Last Funding: $1.54M (Unknown)

E-bike company offering powerful motors, long-range batteries, smart screens, and comfortable suspension systems.

Total Raised: $2.53M

Last Funding: $2.53M (Unknown)

Technology for real-time artificial intelligence on the edge.

Total Raised: $1.11M

Last Funding: $1.11M (Seed)

Footwear brand dedicated to revolutionizing the luxury shoe industry.

Total Raised: $1.40M

Last Funding: $1.40M (Unknown)

Smart pillbox and mobile application make it easy to use medicine safely.

Total Raised: $1.30M

Last Funding: $1.30M (Unknown)

Energy optimization platform for developers working on Internet of Things projects.

Total Raised: $0.52M

Last Funding: $0.52M (Pre Seed)

Platform offering innovative tools for stem cell and cancer stem cell research.

Total Raised: $0.41M

Last Funding: $0.41M (Pre Seed)

Imaging technology for advanced multicolor microscopy.

Total Raised: $0.57M

Last Funding: $0.57M (Pre Seed)

CombiQ offer embedded products (electronics and software) that are connected by wireless and supported by the central software.

Total Raised: $0.78M

Last Funding: $0.78M (Pre Seed)

Solution to help property owners monitor and control the relative humidity of their buildings.

Total Raised: $0.45M

Last Funding: $0.45M (Pre Seed)

Medical materials manufacturer preventing infections.

Total Raised: $0.65M

Last Funding: $0.65M (Seed)

Security products designed for everyday consumers.

Total Raised: $0.57M

Last Funding: $0.57M (Pre Seed)

Analytics setup for tracking sports activity.

Total Raised: $1.02M

Last Funding: $1.02M (Unknown)

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

Total Raised: $0.55M

Last Funding: $0.55M (Pre Seed)

Medical device for digital cognitive screening with CE-marking.

Total Raised: $0.82M

Last Funding: $0.04M (Pre Seed)

Clothing brand creating trendy and inspired designs.

Total Raised: $0.20M

Last Funding: $0.00M (Unknown)

Virtual drum set with connected digital services for learning and analysis.

Total Raised: $0.98M

Last Funding: $0.98M (Unknown)

Helps your business to a healthier workplace.

Total Raised: $0.72M

Last Funding: $0.72M (Seed)

Prototyping toy designed for makers of all ages.

Total Raised: $0.94M

Last Funding: $0.94M (Unknown)

Superpowering Adherence and Self-efficacy through digital patient support programs and customised digital therapeutics

Total Raised: $0.62M

Last Funding: $0.62M (Seed)

Softener that improves bone cements to match the mechanical properties of osteoporotic bone.

Total Raised: $0.33M

Last Funding: $0.33M (Pre Seed)

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

Total Raised: $0.23M

Last Funding: $0.23M (Pre Seed)

Platform for automating IoT devices.

Total Raised: $0.26M

Last Funding: $0.26M (Pre Seed)

Marketplace that connects caregivers with vendors and manufacturers with distributors for medical supplies in the Nordic region.

Total Raised: $0.06M

Last Funding: $0.06M (Pre Seed)

Producer of smart headphones designed for enhanced listening experiences.

Electronics company specializing in final assembly of products in Sweden.

Last Funding: $0.00M (Unknown)

Technology platform bringing automotive, defense, and robotics innovations to industrial use.

Last Funding: $0.00M (Unknown)