Sweden is becoming one of the best places to build a startup, but most of the early-stage entrepreneurs we speak to aren't aware of the local tech resources that are available to help them.
With applications for the Sweden Founder Institute now open, we're excited to release the Sweden Startup Resource Guide, which is currently in Draft v2 below! It was developed by the Sweden Founder Institute and local leaders: Mehkar Sheikh (Regional Manager, Venture Cup Sweden), Naimul Abd (CEO, Connect Öst)
This is just a draft, and while we spent many hours on this research, more input is needed. Please leave your comments on this collaborative Google document to help us complete the list. There are definitely omissions on this current version.
Are you looking to build a startup in Sweden? Then apply to the Sweden Founder Institute today!
Text version included below, for ease of searching:
Startup Stages
There is no one right way to build a technology company, but for the sake of simplicity we have outlined a basic, common, sequential framework.
1. Idea Stage
This is where new entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.
A. Inspire
- Startup Media: Centralized local information, listings, and news. (i.e. startup blogs/ publications/ lists/ FB groups/ newsletters, Startup Digest)
- Inspirational Events: Open, inclusive, beginner startup events (i.e. Startup Weekend, idea fairs, and inspirational meetups)
- Bitcoin Stockholm
- EdTech Sweden
- FemTech Sweden
- Fuck Up Nights
- Impact Hub Stockholm Events
- Kambi Stockholm Tech Talks
- Silicon Vikings
- SingularityU Salons Stockholm
- Startup Events List Stockholm
- Startup Society in Stockholm
- Startup Sweden
- Startup Weekend Stockholm
- Sthlm Tech Fest
- Stockholm.AI
- Stockholm Virtual Reality Meetup
- SUP46 Happy Hours
- Sweden Food Tech
- Synch Meetup
B. Educate
- Best Practices: Beginner knowledge-sharing events. (i.e. beginner events that serve to educate more than inspire, like Startup Founder 101, etc).
- Training & Feedback: Skill & Idea development. (Ex. bootcamps and comprehensive training programs, like Founder Institute, etc)
C. Validate
- Team Formation: Resources for teaming up. (i.e. events or other resources that facilitate early-stage recruitment and cofounder matching”)
- CoFoundersLab
- Expat Career Stockholm
- Foo Café Stockholm
- Founder2be
- FounderDating
- Founders Dinner
- Go Stockholm
- KTH
- NTRY
- Silicon Drinkabout Stockholm
- StartupBlink Stockholm
- Startup Dinner
- Startup Jobs Sweden
- Startupmatcher
- Startup Matchmaking
- Sthlm Startups
- Stockholm Entrepreneurs
- Stockholm RegTech Meetup
- The Hub
- Travel Tech Meetup
- University Job Boards
- Build First Product: Hackathons & resources to build. (i.e. hackathons and other builder-focused events and resources)
- 3rd Y4PT Global Transport Hackathon Stockholm 2019
- Adobe XD
- BioNyfiken - Biohackers in Stockholm
- Code Night
- Coding After Work
- Figma
- Hack for Sweden
- IX Stockholm
- LiveHacks - Music Hackathon Stockholm
- Marvel
- Media Hackathon
- STHLM Lounge Hackers
- Stockholm Makerspace
- Test My Product!
- The 3D Lab
- Toolspace
2. Launch Stage
In this stage, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.
A. Start
- Establish: Law firms & banks for startups
- Workspace: Co-working and flexible workspaces (note: “official” office space goes in 3.1.a. Infrastructure)
- 7A
- Alma
- Base10
- BlockStockholm
- Box Space (Malmö)
- Cecil
- Changer’s Hub
- Convendum
- East Sweden Game
- Embassy House
- Epicenter Stockholm
- Flora Workspace
- GoTo10
- Hera Hub
- H2 Health Hub
- Helio
- Hive Workspace
- Impact Hub Stockholm
- KNACKERIET
- Lamb Work
- MindPark (Lund)
- No. 18
- Norrsken
- OpenLab
- SBG18
- Skrapan
- STHLM Music City
- SUP46
- The Castle
- The Factory
- The Park
- THINGS Stockholm
- United Spaces
- WeWork
B. Develop
- Formalize: Accounting, development and HR for early-stage startups
- Prepare for Seed: Incubators and advanced mentorship. (i.e. advanced knowledge sharing, later stage events and resources for startup TEAMS)
C. Launch
- Seed Accelerators: Seed funding mentor programs (Techstars-style programs that provide funding)
- Pitch & Demo: Show local startups for investment (i.e. demo days for companies seeking seed investment)
3. Growth Stage
Here, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.
A. Recognition
- Investor Networking: Connect professional investors with founders. (i.e. events or groups that facilitate connections with professional investors)
- Major Media: Mainstream local business press. (i.e. major local or regional publications that frequently champion local businesses)
B. Funding
- Angels / Micro-VCs: Seed-stage investors (search AngelList, Gust, Crunchbase)
- Venture Capitalists: Series A and beyond
- Almi Invest
- BackingMinds
- Balderton Capital
- Blueyard Capital
- Bonnier Ventures
- Brightly Ventures
- Capital A Partners
- Cherry Ventures
- Creandum
- Eequity
- EQT Ventures
- GP Bullhound
- Graviton
- Gullspång Invest
- HealthCap
- Icebreaker.vc
- Inbox Capital
- Industrifonden
- Inventure
- MOOR Capital
- Nordic Capital
- Nordic Makers
- Northzone
- Open Ocean
- PunktB
- SEB Venture Capital
- Spintop Ventures
- Sunstone Capital
- Swedavia Capital
- The Nordic Web Ventures
- Verdane Capital
- Vostok New Ventures
- Walerud Ventures
C. Growth
- Infrastructure: Office space, HR, local business insurance. (i.e. office space/ HR/ insurance providers for capital-rich companies to grow and scale)
- Expansion: Growth accelerators/consultants. (i.e. programs and business consultants for capital-rich companies to grow and scale)
4. Success Stories
Successful homegrown companies that have raised significant institutional funding, employ a large workforce, or have achieved liquidity.
- Acast
- Albacross
- Amuse
- Apica
- BehavioSec
- Challengermode
- Detectify
- Dynamic Code
- Epidemic Sound
- Ericsson
- Fishbrain
- Funnel
- Instabridge
- iZettle
- Karma
- Klarna
- Kognity
- KRY
- Lendify
- Lifesum
- MAG Interactive
- Mentimeter
- Natural Cycles
- Northvolt
- Oatly
- Paradox Interactive
- Readly
- Peltarion
- Spotify
- Storytel
- Tictail
- Tink
- Transfer Galaxy
- Truecaller
- Trustly
- TrusTrace
- Wrapp
Supporters
To facilitate the steps, every ecosystem needs strong supporters.
1. Evangelists
Successful local founders who lead the ecosystem & frequently mentor newbies. (i.e. Local leaders who have taken a leadership position, speak at a lot of startup events, mentor all the programs, etc)
- Anders Moberg
- Andreas Kennemar
- Anna Lindbäck
- Baard Eilertsen
- Barry O’Brian
- Benjamin Ratz
- Camilla Sandström
- Cathy Xiao Chen
- Donnie SC Lygonis
- Erik Kruse
- Fredrik Heghammar
- Funda Sezgi
- Håkan Ozan
- Henna Keranen
- Ishtar Touailat
- Ivo Kukavica
- Jack Melcher-Claësson
- Jenny Lindblad
- Jenny Theolin
- Jesper Kjellerås
- Johan Bäckman
- Johan Jörgensen
- Jonas Almeling
- Jonas Hombert
- Lukas Gräf
- Mala Valroy
- Marwan Ayache
- Mehkar Sheikh
- Mizgîn Kanat
- Naimul Abd
- Randy Cottin
- Simon Moritz
- Sjoerd De Jong
- Sofie Lindblom
- Sokol Vjerdha
- Tatiana Solodko Krurca
- Ted Elvhage
- Tetiana Siianko
- Therese Gedda
- Tor Adamsson
2. Government
Public organizations that facilitate local economic development
- Almi
- American Chamber of Commerce in Sweden
- Brazilian Chamber of Commerce
- British-Swedish Chamber of Commerce
- Dutch Chamber of Commerce
- FDI Unit Italian Trade Agency Stockholm
- German-Swedish Chamber of Commerce
- Innovation in Sweden
- Invest Stockholm
- Kista Science City
- Ministry of Enterprise and Innovation
- Smart City Stockholm
- Stockholm Chamber of Commerce
- Stockholm Green Digital Finance
- Swedish Incubators & Science parks
- Swiss Chamber of Commerce
- Tillväxtverket
- Vinnova
3. Talent
Major local business or tech universities and employers that attract and retain local talent.
- Local Universities (universities with prominent technical or business programs)
- Local Employers (Major technical employers, like Microsoft or Google or large local companies, with large local offices
Learn more about the Startup Ecosystem Canvas here, and leave us your thoughts on the Sweden Canvas on this collaborative Google document (This is just a draft, and more input is needed!)