The economy of Sweden is 25th largest in world, with a nominal GDP of USD 760.48 billion. Sweden economy is dominated by its service sector, comprising 65.4% of the GDP and employing 86% of the labour force. Germany and Norway are the largest trading partner of Sweden.
Sweden has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, development of industries, developed cooperative banking sector, developed social market economy, rich in natural resources, highly efficient and strong social security system, also developed in exports top-ranked educational institutions and government regulations. The majority of Sweden startups are located in Stockholm and Gothenburg.
We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems - including venture capital funds, private equity funds and investment banks amongst others.
In this edition, we have the ‘Soonicorn Club of SwedenTech 2026’– an exclusive list of the most promising SwedenTech startups that have also reached significant valuation milestones over the previous few years.