Tag: Swedish
-
From energy transition to deeptech growth: the Swedish tech ecosystem
In 2025, European tech investment reached €72 billion, making it the second-strongest year of the past three. Sweden raised €4.1 billion, ranking fifth among European countries by total funding. Investment in Sweden was concentrated in capital-intensive sectors, with a limited number of large transactions accounting for a significant share of total funding. Hardware and energy read more
Written by
-
Mistral boss calls for European unity in AI race, as pledges €1.2bn Swedish data centre investment
The boss of one of Europe’s most high-profile AI startups today called on European unity inthe global AI race, as it committed €1.2 billion to build its first data centres outside of its nativeFrance, in Sweden. Arthur Mensch, the CEO and co-founder of French AI startup Mistral, said: “We think it is a bit of read more
Written by
-
Kinnevik slashes valuation of stake in Swedish green startup Stegra
Swedish VC Kinnevik has written down the value of its stake in Swedish green steel startup Stegra by half,citing the higher anticipated costsof a plant it’s building as it looks to become a major player in Europe’s green industrial transition. Kinnevik’s latest financial report reveals it has written down the value of its stake in read more
Written by
-
Swedish startup Berget AI lands €2.1M as demand grows for sovereign AI in Europe
Swedish AI company Berget AI has raised €2.1 million (SEK 24 million) in funding. The investment comes at a time when AI is rapidly becoming critical infrastructure, while increasing regulatory requirements, geopolitical tensions, and the EU’s new AI legislation are driving growing demand for local control of data and AI workflows. Berget AI was founded read more
Written by
-
Former Swedish Foreign Minister Tobias Billström joins Nordic Air Defence
Former Swedish foreign minister Tobias Billström has joined Swedish defence tech startup Nordic Air Defence (NAD) as Director of Strategy and Government Affairs, his first full-time role since leaving frontline politics last year. Nordic Air Defence is a Stockholm-headquartered company developing high-tech defensive solutions for both civilian and military use. NAD is a true hardware-software read more
Written by
