Tracxn - Sweden Tech - Top Business Models - Apr 2021
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The report outlines the top business models in Sweden tech as of April 29, 2021, detailing funding amounts and key statistics over the past year. Major sectors include alternative lending, electric vehicles, and music tech, with Klarna and Northvolt being notable top fundraisers. It also highlights changes in funding rounds and investor activity in these sectors.
Tracxn - Sweden Tech - Top Business Models - Apr 2021
- 1. TRACXN TOP BUSINESS MODELS REPORT April 29, 2021 SWEDEN TECH
- 2. Sweden Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Contents SwedenSweden Tech Funding - Overview 3 Top Funded Business Models 4 One pagers 9 Appendix 59 2
- 3. Sweden Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Funding in last 1 year 3 Alternative Lending $1.8B Electric Vehicles $735M Music Tech $455M Healthcare Booking Platforms $367M Food Tech $213M Banking Tech $173M Y-o-Y Funding Top Investors by Funding Rounds Seed Stage Almi Invest Antler Luminar Ventures 12 8 8 Early Stage EQT Ventures Inventure Luminar Ventures 6 5 5 Late Stage BlackRock Creandum Macy's 3 3 2 Funding by Geography Top Feeds by $ Funding Top Funding Rounds $ Funding # Rounds Klarna (2005, Stockholm) $1.0B - Series H Klarna (2005, Stockholm) $650M - Series G Northvolt (2015, Stockholm) $600M - Series C Polestar (1996, Gothenburg) $550M - Series D Epidemic Sound (2009, Stockholm) $450M - Series D KRY (2014, Stockholm) $317M - Series D Oatly (1997, Malmo) $200M - Series C Lendify Sweden (2014, Stockholm) $115M - Series D Voi (2018, Stockholm) $107M - Series C Tink (2012, Stockholm) $103M - Series D Instabox (2015, Bromma) $90.0M - Series B Tibber (2016, Stockholm) $65.0M - Series B Stockholm (78%) Gothenburg (13%) Malmo (5%) Bromma (2%) Kista (1%) Others (2%)
- 4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Sweden Tech - Top Funded Business Models - last 1 year (1/5) 4 Rank Business Model $ Funding # Rounds Top Funding Round Details 1▲1 Internet First Direct Lender Purchase Financing $1.7B 4 Klarna | $1.0B | Series H Link 2▼1 Lithium Ion Batteries $600M 1 Northvolt | $600M | Series C Link 3-- Electric Cars $550M 1 Polestar | $550M | Series D Link 4▲8 Music Tech > Music Artist IT > Copyrights Management > Licensing Marketplace $455M 2 Epidemic Sound | $450M | Series D Link 5▲48 Food Tech > Novel Foods > Food Products > Dairy Substitute > Plant Based $200M 1 Oatly | $200M | Series C Link 6▼1 Open Banking Aggregation APIs $154M 3 Tink | $103M | Series D Link 7▼4 Free Floating Electric Kick Scooter Rentals $136M 2 Voi | $107M | Series C Link 8▼4 Free Float Electric Kick Scooter Rentals $136M 2 Voi | $107M | Series C Link 9-- Alternative Lending > Online Lenders > Consumer Loans > Personal Loans > Marketplace > P2P $115M 1 Lendify Sweden | $115M | Series D Link 10▲9 Smart Lockers for E-Commerce $90.0M 1 Instabox | $90.0M | Series B Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Sweden Tech - Top Funded Business Models - last 1 year (2/5) 5 Rank Business Model $ Funding # Rounds Top Funding Round Details 11-- Home Energy Management System $65.0M 1 Tibber | $65.0M | Series B Link 12-- Real Money eSports Gaming Platforms $62.7M 2 G-Loot | $56.1M | Series C Link 13▼7 Online Grocery > B2C Ecommerce > Multi Category > Retailer > Own Delivery Fleet $47.4M 1 MatHem.se | $47.4M | Series D Link 14▲1 Online Grocery > B2C Ecommerce > Surplus Products > Packaged Food Products $40.9M 1 Matsmart | $40.9M | Series D Link 15▼2 Veterinary HealthTech > Digital Health > Veterinary Services > Telemedicine $35.6M 1 FirstVet | $35.6M | Series C Link 16▼2 Pet Tech > Service Platforms > Veterinary > Telemedicine $35.6M 1 FirstVet | $35.6M | Series C Link 17-- B2B E-Commerce Catalog Management $32.0M 1 inRiver | $32.0M | Series C Link 18▼2 Alternative Lending > Online Lenders > Business Loans > Diversified > Marketplace $30.0M 1 Northmill | $30.0M | Series B Link 19-- Investment Tech > Wealth Management Platforms > Wealth Data Aggregation $30.0M 1 Northmill | $30.0M | Series B Link 20-- Podcast Management Software $27.0M 1 Acast | $27.0M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Sweden Tech - Top Funded Business Models - last 1 year (3/5) 6 Rank Business Model $ Funding # Rounds Top Funding Round Details 21-- IoT Network Security $23.8M 1 Outpost24 | $23.8M | Series B Link 22-- Digital Therapeutics for Physiotherapy $23.0M 1 Joint Academy | $23.0M | Series B Link 23-- Beauty Tech > Ecommerce > Multi Category > Organic > Internet First Brand $22.5M 1 CAIA | $22.5M | Series B Link 24-- Multi-Category make-up Brands $22.5M 1 CAIA | $22.5M | Series B Link 25-- Renewable Energy Tech > Marine Energy > Wave > Floating > Submerged $21.8M 3 CorPower Ocean | $10.9M | Series B Link 26-- Inflammatory Diseases Drugs $21.7M 1 Gesynta Pharma | $21.7M | Series B Link 27▲12 Banking Tech > Personal Finance Management $18.9M 1 Minna Techno.. | $18.9M | Series B Link 28-- Language Learning > IT Solutions > Pronunciation Feedback $18.0M 1 Sanalabs | $18.0M | Series A Link 29▲8 Electric Marine Vehicles $17.8M 1 X Shore | $17.8M | Series A Link 30-- Employee Engagement Platforms $17.8M 1 Winningtemp | $17.8M | Series B Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Sweden Tech - Top Funded Business Models - last 1 year (4/5) 7 Rank Business Model $ Funding # Rounds Top Funding Round Details 31-- Hair Removal Cream $17.7M 1 Estrid | $17.7M | Series B Link 32-- Plug-In Charging Solutions $15.3M 1 Charge Amps | $15.3M | Series B Link 33-- eSports > eSports Platforms > Competitive Gaming > Free-to-play Tournaments $12.0M 1 Challengermode | $12.0M | Series A Link 34▼26 Autonomous Trucks $10.0M 1 Einride | $10.0M | Series A Link 35▼26 Self Driving Trucks $10.0M 1 Einride | $10.0M | Series A Link 36▼7 Internet First Homeowners Insurance $9.1M 1 Hedvig | $9.1M | Series A Link 37-- Life Sciences Platforms and Tools > Research Assays > Cell Based Assays > Gradient Analysis $9.0M 1 Gradientech | $9.0M | Series A Link 38-- Internet First Insurance Platforms > Consumer Insurance Management > Claims Support > Life $8.0M 1 Insurello | $8.0M | Series A Link 39-- Life Sciences Platforms and Tools > Diversified $7.6M 2 Single Techno.. | $6.0M | Series A Link 40-- PaaS > Pure Platform $7.0M 2 Avassa | $7.0M | Series A Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Sweden Tech - Top Funded Business Models - last 1 year (5/5) 8 Rank Business Model $ Funding # Rounds Top Funding Round Details 41-- Cloud Management Platforms $7.0M 1 Avassa | $7.0M | Series A Link 42-- Autonomous Vehicles Training Data $6.8M 1 Annotell | $6.8M | Series A Link 43-- Food & Beverage Products > Dairy > Milk $6.6M 1 Sproud | $6.6M | Series A Link 44-- Food Tech > Novel Foods > Food Ingredients > Dairy Substitute > Plant Based $6.6M 1 Sproud | $6.6M | Series A Link 45▲34 Fashion Data $6.0M 1 Material Exch.. | $6.0M | Series A Link 46▲17 Home Energy Monitoring $5.9M 1 Eliq | $5.9M | Series A Link 47▲17 Property Management Tech > Building Energy Management $5.9M 1 Eliq | $5.9M | Series A Link 48-- Smart Grid > Utility Management > Customer Engagement > Energy Consumption Analytics $5.9M 1 Eliq | $5.9M | Series A Link 49▼19 Life Sciences Platforms and Tools > Research Services $5.6M 1 EnginZyme | $5.6M | Series A Link 50-- Logistics Tech > Parcel > Technology Enablers > Delivery Management > Last Mile $5.4M 1 Airmee | $5.4M | Series A Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
- 9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Internet First Direct Lender Purchase Financing - Sweden 01 9 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $1.7B (▲152%) 4(▲33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $2.6B 2 - 5 1 Alternative Lending (Capcito) (# Cos: 68 | $2.9B) Online Lenders (Mitigram) (# Cos: 44 | $2.9B) Consumer Loans (Anyfin) (# Cos: 22 | $2.8B) Point of Sale Financing (Paylevo) (# Cos: 7 | $2.6B) Direct Lender (Klarna) (# Cos: 5 | $2.6B) Klarna (2005, Stockholm, $2.6B) Paylevo (2015, Stockholm) Billender (2018, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Klarna (2005, Stockholm) $1.0B - Series H - Mar 2021 Klarna (2005, Stockholm) $650M - Series G - Sep 2020 Klarna (2005, Stockholm) $14.5M - Series H - Mar 2021 Klarna (2005, Stockholm) Undisclosed - Series G - Oct 2020
- 10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Lithium Ion Batteries - Sweden 02 10 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $600M (▼41.5%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $1.8B 1 - 2 1 Energy Storage Tech (SaltX Technology) (# Cos: 58 | $2.0B) Battery (Altris) (# Cos: 13 | $1.8B) Secondary Battery (Celltech) (# Cos: 3 | $1.8B) Lithium Ion (Northvolt) (# Cos: 2 | $1.8B) Northvolt (2015, Stockholm, $1.8B) Celltech (1984, Kista) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Northvolt (2015, Stockholm) $600M - Series C - Sep 2020
- 11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Polestar (1996, Gothenburg) $550M - Series D - Apr 2021 Electric Cars - Sweden 03 11 Back to index Electric Vehicles (Voi) (# Cos: 83 | $1.5B) Automaker (Einride) (# Cos: 35 | $1.2B) Cars (NEVS) (# Cos: 3 | $1.1B) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $550M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $1.1B 3 - 3 0 NEVS (2012, Trollhattan, $500M) Uniti (2016, Lund, $2.6M) Polestar (1996, Gothenburg, $550M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Music Tech > Music Artist IT > Copyrights Management > Licensing Marketplace - Sweden 04 12 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $455M (▲1995%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $482M 3 - 3 2 Music Tech (Spotify) (# Cos: 68 | $2.7B) Music Artist IT (Soundtrap) (# Cos: 30 | $533M) Copyrights Management (Tracklib) (# Cos: 3 | $482M) Licensing Marketplace (Epidemic Sound) (# Cos: 3 | $482M) Epidemic Sound (2009, Stockholm, $476M) Tracklib (2014, Stockholm, $6.4M) Zeptagram (2014, Gothenburg) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Epidemic Sound (2009, Stockholm) $450M - Series D - Mar 2021 Tracklib (2014, Stockholm) $4.5M - Series A - Jun 2020
- 13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Food Tech > Novel Foods > Food Products > Dairy Substitute > Plant Based - Sweden 05 13 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $200M (▲5452%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $236M 2 - 2 1 Food Tech (LEEROY) (# Cos: 64 | $268M) Novel Foods (Bayn Europe) (# Cos: 5 | $248M) Food Products (Bayn) (# Cos: 3 | $236M) Dairy Substitute (Noquo Foods) (# Cos: 2 | $236M) Plant Based (Oatly) (# Cos: 2 | $236M) Oatly (1997, Malmo, $233M) Noquo Foods (2019, Stockholm, $3.6M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Oatly (1997, Malmo) $200M - Series C - Jul 2020
- 14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Tink (2012, Stockholm) $103M - Series D - Dec 2020 Tink (2012, Stockholm) $47.9M - Series D - Apr 2021 Open Payments (2017, Stockholm) $3.5M - Seed - Aug 2020 Open Banking Aggregation APIs - Sweden 06 14 Back to index Banking Tech (Minna Technologies) (# Cos: 46 | $478M) Open Banking (Open Payments) (# Cos: 5 | $364M) Aggregation APIs (Tink) (# Cos: 3 | $364M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $154M (▲37.4%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $364M 2 - 3 2 Tink (2012, Stockholm, $359M) Open Payments (2017, Stockholm, $4.9M) Finshark (2019, Lund) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Free Floating Electric Kick Scooter Rentals - Sweden 07 15 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $136M (▲19.4%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $304M 1 - 5 1 Road Transport Tech (Icomera) (# Cos: 85 | $305M) Self Drive Rentals (FlexiDrive.se) (# Cos: 23 | $305M) Electric Kick Scooters (GLYDE) (# Cos: 8 | $304M) Own Fleet (Cangoroo) (# Cos: 7 | $304M) Free Float (Voi) (# Cos: 5 | $304M) Voi (2018, Stockholm, $304M) GLYDE (2018, Stockholm) Ozon (2018, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Voi (2018, Stockholm) $107M - Series C - Dec 2020 Voi (2018, Stockholm) $29.7M - Series B - Jul 2020
- 16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Free Float Electric Kick Scooter Rentals - Sweden 08 16 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $136M (▲19.4%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $304M 1 - 4 1 Electric Vehicles (Einride) (# Cos: 83 | $1.5B) Vehicle as a Service (Bzzt) (# Cos: 13 | $304M) Kick Scooters (GLYDE) (# Cos: 6 | $304M) Free Float (Voi) (# Cos: 4 | $304M) Voi (2018, Stockholm, $304M) GLYDE (2018, Stockholm) Ozon (2018, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Voi (2018, Stockholm) $107M - Series C - Dec 2020 Voi (2018, Stockholm) $29.7M - Series B - Jul 2020
- 17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Alternative Lending > Online Lenders > Consumer Loans > Personal Loans > Marketplace > P2P - Sweden 09 17 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $115M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $117M 2 - 3 0 Alternative Lending (Mitigram) (# Cos: 68 | $2.9B) Online Lenders (Anyfin) (# Cos: 44 | $2.9B) Consumer Loans (Klarna) (# Cos: 22 | $2.8B) Personal Loans (Fairlo) (# Cos: 8 | $118M) Marketplace (LendLink) (# Cos: 5 | $117M) P2P (Lendify Sweden) (# Cos: 3 | $117M) Lendify Sweden (2014, Stockholm, $117M) LendLink (2013, Stockholm) Trustbuddy (2009, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Lendify Sweden (2014, Stockholm) $115M - Series D - Oct 2020
- 18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Smart Lockers for E-Commerce - Sweden 10 18 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $90.0M (▲492%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $105M 1 - 3 1 Logistics Tech (Budbee) (# Cos: 90 | $310M) Ecommerce Logistics (Einride) (# Cos: 17 | $269M) Access Point (Intelliways) (# Cos: 3 | $105M) Locker (Instabox) (# Cos: 3 | $105M) Instabox (2015, Bromma, $105M) Intelliways (2018, Stockholm) Qlocx (2016, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Instabox (2015, Bromma) $90.0M - Series B - Feb 2021
- 19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Home Energy Management System - Sweden 11 19 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $65.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $77.0M 1 - 1 1 Energy Efficiency Tech (Heliospectra) (# Cos: 57 | $214M) Energy Management System (Plejd) (# Cos: 25 | $87.0M) Building Automation Systems (Greenbyte) (# Cos: 9 | $83.9M) HEMS (Tibber) (# Cos: 1 | $77.0M) Tibber (2016, Stockholm, $77.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Tibber (2016, Stockholm) $65.0M - Series B - Nov 2020
- 20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Real Money eSports Gaming Platforms - Sweden 12 20 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $62.7M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $106M 2 - 4 1 eSports (DreamHack) (# Cos: 18 | $122M) eSports Platforms (Epulze) (# Cos: 10 | $120M) Competitive Gaming (Challengermode) (# Cos: 9 | $120M) Real Money Gaming (G-Loot) (# Cos: 4 | $106M) G-Loot (2012, Stockholm, $99.4M) Epulze (2015, Orebro, $6.5M) Sventertainment Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. G-Loot (2012, Stockholm) $56.1M - Series C - Oct 2020 Epulze (2015, Orebro) $6.5M - Series A - Apr 2021
- 21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Online Grocery > B2C Ecommerce > Multi Category > Retailer > Own Delivery Fleet - Sweden 13 21 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $47.4M (▼8.4%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $204M 1 - 2 1 Online Grocery (Northfork) (# Cos: 51 | $293M) B2C Ecommerce (Matsmart) (# Cos: 31 | $289M) Multi Category (Mat.se) (# Cos: 9 | $207M) Retailer (NGroceries) (# Cos: 6 | $204M) Own Delivery Fleet (MatHem.se) (# Cos: 2 | $204M) MatHem.se (2009, Stockholm, $204M) Farm2home (2018, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. MatHem.se (2009, Stockholm) $47.4M - Series D - Apr 2021
- 22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Matsmart (2012, Stockholm) $40.9M - Series D - Mar 2021 Online Grocery > B2C Ecommerce > Surplus Products > Packaged Food Products - Sweden 14 22 Back to index Online Grocery (Northfork) (# Cos: 51 | $293M) B2C Ecommerce (MatHem.se) (# Cos: 31 | $289M) Packaged Food Products (Matsmart) (# Cos: 1 | $80.0M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $40.9M (▲121%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $80.0M 1 - 1 1 Matsmart (2012, Stockholm, $80.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds FirstVet (2016, Stockholm) $35.6M - Series C - Nov 2020 Veterinary HealthTech > Digital Health > Veterinary Services > Telemedicine - Sweden 15 23 Back to index Veterinary HealthTech (LigaTie) (# Cos: 14 | $71.8M) Digital Health (Hoofstep) (# Cos: 6 | $71.4M) Telemedicine (FirstVet) (# Cos: 1 | $71.2M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $35.6M (▲73.3%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $71.2M 1 - 1 1 FirstVet (2016, Stockholm, $71.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds FirstVet (2016, Stockholm) $35.6M - Series C - Nov 2020 Pet Tech > Service Platforms > Veterinary > Telemedicine - Sweden 16 24 Back to index Pet Tech (Ophena) (# Cos: 16 | $74.0M) Service Platforms (Tasspass) (# Cos: 2 | $71.2M) Telemedicine (FirstVet) (# Cos: 1 | $71.2M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $35.6M (▲73.3%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $71.2M 1 - 1 1 FirstVet (2016, Stockholm, $71.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds B2B E-Commerce Catalog Management - Sweden 17 25 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $32.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $58.9M 4 - 4 1 B2B E-Commerce (Cramo) (# Cos: 34 | $72.6M) Technology Enablers (Looklet) (# Cos: 13 | $59.7M) Operations Management (Baetes) (# Cos: 9 | $58.9M) Catalog Management (inRiver) (# Cos: 4 | $58.9M) inRiver (2007, Malmo, $57.4M) Baetes (2016, Stockholm) Looklet (2009, Stockholm, $1.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. inRiver (2007, Malmo) $32.0M - Series C - Nov 2020
- 26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Alternative Lending > Online Lenders > Business Loans > Diversified > Marketplace - Sweden 18 26 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $30.0M (▲62.9%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $55.4M 5 - 5 3 Alternative Lending (Anyfin) (# Cos: 68 | $2.9B) Online Lenders (Klarna) (# Cos: 44 | $2.9B) Business Loans (Northmill) (# Cos: 17 | $57.8M) Diversified (Capcito) (# Cos: 6 | $55.4M) Marketplace (Mitigram) (# Cos: 5 | $55.4M) Mitigram (2014, Stockholm, $16.6M) Capcito (2014, Stockholm, $8.9M) Northmill (2006, Kista, $30.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Northmill (2006, Kista) $30.0M - Series B - Feb 2021
- 27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Northmill (2006, Kista) $30.0M - Series B - Feb 2021 Investment Tech > Wealth Management Platforms > Wealth Data Aggregation - Sweden 19 27 Back to index Investment Tech (Itiviti) (# Cos: 98 | $94.3M) Wealth Management Platforms (Dreams) (# Cos: 25 | $59.2M) Wealth Data Aggregation (Northmill) (# Cos: 2 | $30.0M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $30.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $30.0M 1 - 2 1 Northmill (2006, Kista, $30.0M) Wealth Predictor (2018, Johanneshov) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Podcast Management Software - Sweden 20 28 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $27.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $84.6M 1 - 3 1 Radio Tech (Podkicker) (# Cos: 15 | $2.1B) Internet Radio & Podcast (Spotify) (# Cos: 15 | $2.1B) Enablers (Podspace) (# Cos: 6 | $84.6M) Podcast (Opinion) (# Cos: 5 | $84.6M) PodCast Management (Acast) (# Cos: 3 | $84.6M) Acast (2014, Stockholm, $84.6M) Keruzo Mumble (2019, Uppsala) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Acast (2014, Stockholm) $27.0M - Series C - Jul 2020
- 29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Outpost24 (2000, Karlskrona) $23.8M - Series B - Dec 2020 IoT Network Security - Sweden 21 29 Back to index Internet of Things Infrastructure (Crosser) (# Cos: 55 | $51.4M) IoT Security (AddSecure) (# Cos: 2 | $23.8M) Network Security (Outpost24) (# Cos: 1 | $23.8M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $23.8M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $23.8M 1 - 1 0 Outpost24 (2000, Karlskrona, $23.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Digital Therapeutics for Physiotherapy - Sweden 22 30 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $23.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $30.0M 2 - 3 1 Healthcare IT (NuvoAir) (# Cos: 158 | $114M) Value Based Care (Kontigo Care) (# Cos: 43 | $38.9M) Patient Engagement (Mevia) (# Cos: 17 | $31.4M) Digital Therapeutics (Brighter) (# Cos: 8 | $30.0M) Physiotheraphy (Joint Academy) (# Cos: 3 | $30.0M) Joint Academy (2007, Malmo, $30.0M) Qinematic (2012, Stockholm) GoMobilus (1994, Gothenburg) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Joint Academy (2007, Malmo) $23.0M - Series B - Sep 2020
- 31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Beauty Tech > Ecommerce > Multi Category > Organic > Internet First Brand - Sweden 23 31 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $22.5M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $22.5M 3 - 3 1 Beauty Tech (Wavy) (# Cos: 52 | $47.9M) Ecommerce (Airinum) (# Cos: 42 | $43.8M) Multi Category (Eleven) (# Cos: 13 | $24.0M) Organic (Lifelong) (# Cos: 5 | $23.5M) Internet First Brand (CAIA) (# Cos: 3 | $22.5M) CAIA (2018, Stockholm, $22.5M) Lifelong (2019, Stockholm) BioCool (2012, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. CAIA (2018, Stockholm) $22.5M - Series B - Jul 2020
- 32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds CAIA (2018, Stockholm) $22.5M - Series B - Jul 2020 Multi-Category make-up Brands - Sweden 24 32 Back to index Beauty & Personal Care Products (FOREO) (# Cos: 75 | $42.6M) Makeup (IsaDora) (# Cos: 8 | $22.5M) Multi-Category (CAIA) (# Cos: 6 | $22.5M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $22.5M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $22.5M 3 - 6 1 CAIA (2018, Stockholm, $22.5M) IsaDora (1983, Malmo) Marena Beaute (2015, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Renewable Energy Tech > Marine Energy > Wave > Floating > Submerged - Sweden 25 33 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $21.8M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $41.0M 2 - 2 1 Renewable Energy Tech (Greenbyte) (# Cos: 36 | $265M) Marine Energy (Minesto) (# Cos: 7 | $43.5M) Wave (Ocean Harvesting Technologies) (# Cos: 6 | $41.0M) Floating (Waves4Power) (# Cos: 5 | $41.0M) Submerged (CorPower Ocean) (# Cos: 2 | $41.0M) CorPower Ocean (2009, Stockholm, $40.7M) Ocean Harvesting Techn.. (2007, Karlskrona, $355K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. CorPower Ocean (2009, Stockholm) $10.9M - Series B - Feb 2021 CorPower Ocean (2009, Stockholm) $10.5M - Series B - Jul 2020 Ocean Harvesting.. (2007, Karlskrona) $355K - Seed - Sep 2020
- 34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Gesynta Pharma (2017, Solna) $21.7M - Series B - Sep 2020 Inflammatory Diseases Drugs - Sweden 26 34 Back to index Immunology (Idogen) (# Cos: 25 | $188M) Drugs (Hansa Biopharma) (# Cos: 19 | $188M) Inflammatory Diseases (Gesynta Pharma) (# Cos: 6 | $31.1M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $21.7M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $31.1M 6 - 6 1 Gesynta Pharma (2017, Solna, $31.1M) SynAct Pharma (2012, Lund) Pronoxis (2009, Gothenburg) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Banking Tech > Personal Finance Management - Sweden 27 35 Back to index Banking Tech (Tink) (# Cos: 46 | $478M) Personal Finance Management (Minna Technologies) (# Cos: 4 | $29.0M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $18.9M (▲201%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $29.0M 3 - 4 1 Minna Technologies (2016, Gothenburg, $28.0M) Econans (2017, Gothenburg, $441K) StockRepublic (2019, Stockholm, $556K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Minna Technologies (2016, Gothenburg) $18.9M - Series B - Jan 2021
- 36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Language Learning > IT Solutions > Pronunciation Feedback - Sweden 28 36 Back to index Language Learning (The Minnits) (# Cos: 2 | $23.0M) Pronunciation Feedback (Sanalabs) (# Cos: 1 | $23.0M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $18.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $23.0M 1 - 1 1 Sanalabs (2016, Stockholm, $23.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Sanalabs (2016, Stockholm) $18.0M - Series A - Jan 2021
- 37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds X Shore (1997, Lidingoe) $17.8M - Series A - Apr 2021 Electric Marine Vehicles - Sweden 29 37 Back to index Electric Vehicles (Voi) (# Cos: 83 | $1.5B) Automaker (Einride) (# Cos: 35 | $1.2B) Marine (X Shore) (# Cos: 2 | $25.1M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $17.8M (▲146%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $25.1M 1 - 2 1 X Shore (1997, Lidingoe, $25.1M) Candela Speed Boat (2015, Lidingoe) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Winningtemp (2014, Gothenburg) $17.8M - Series B - Oct 2020 Employee Engagement Platforms - Sweden 30 38 Back to index HRTech (Quinyx) (# Cos: 179 | $167M) Employee Engagement (Happy at Work) (# Cos: 14 | $22.9M) Suite (Winningtemp) (# Cos: 6 | $21.4M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $17.8M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $21.4M 2 - 6 1 Winningtemp (2014, Gothenburg, $21.4M) Henry (2016, Stockholm) Pacetracer (2014, Skane) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Hair Removal Cream - Sweden 31 39 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $17.7M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $17.7M 1 - 3 1 Beauty & Personal Care Products (FOREO) (# Cos: 75 | $42.6M) Personal Hygiene (Intimina) (# Cos: 8 | $17.7M) Women (ellen) (# Cos: 6 | $17.7M) Hair Removal Cream (Estrid) (# Cos: 3 | $17.7M) Estrid (2019, Stockholm, $17.7M) Sugarwaxing (2017, Stockholm) Scandinavian Skin Candy (2018, Skara) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Estrid (2019, Stockholm) $17.7M - Series B - Dec 2020
- 40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Charge Amps (2012, Stockholm) $15.3M - Series B - Mar 2021 Plug-In Charging Solutions - Sweden 32 40 Back to index Electric Vehicles (Voi) (# Cos: 83 | $1.5B) Charging Solutions (Chargestorm) (# Cos: 24 | $18.0M) Plug in Charging (Charge Amps) (# Cos: 9 | $15.3M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $15.3M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $15.3M 1 - 9 1 Charge Amps (2012, Stockholm, $15.3M) Chargestorm (2009, Norrkoping) Unimi Solutions (2010, Taby) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds eSports > eSports Platforms > Competitive Gaming > Free-to- play Tournaments - Sweden 33 41 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $12.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $14.0M 1 - 2 1 eSports (DreamHack) (# Cos: 18 | $122M) eSports Platforms (Epulze) (# Cos: 10 | $120M) Competitive Gaming (G-Loot) (# Cos: 9 | $120M) Free-to-play Tournaments (Challengermode) (# Cos: 2 | $14.0M) Challengermode (2014, Stockholm, $14.0M) Battleriff (2014, Gothenburg) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Challengermode (2014, Stockholm) $12.0M - Series A - Aug 2020
- 42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Autonomous Trucks - Sweden 34 42 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $10.0M (▼75.3%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $50.4M 1 - 1 1 Electric Vehicles (Voi) (# Cos: 83 | $1.5B) Automaker (CAKE) (# Cos: 35 | $1.2B) Commercial Vehicles (Velove Bikes) (# Cos: 7 | $51.6M) Autonomous (Einride) (# Cos: 1 | $50.4M) Einride (2016, Stockholm, $50.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Einride (2016, Stockholm) $10.0M - Series A - Oct 2020
- 43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Einride (2016, Stockholm) $10.0M - Series A - Oct 2020 Self Driving Trucks - Sweden 35 43 Back to index Autonomous Vehicles (Imagimob) (# Cos: 14 | $61.8M) Self Driving Technology (Zenuity) (# Cos: 3 | $50.4M) Trucks (Einride) (# Cos: 1 | $50.4M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $10.0M (▼75.3%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $50.4M 1 - 1 1 Einride (2016, Stockholm, $50.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Internet First Homeowners Insurance - Sweden 36 44 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $9.1M (▼12.4%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $23.4M 1 - 1 1 Internet First Insurance Platforms (Insurello) (# Cos: 16 | $42.5M) Internet First Insurers (Tikkr) (# Cos: 4 | $30.0M) P&C (Paydrive) (# Cos: 3 | $29.2M) Homeowners (Hedvig) (# Cos: 1 | $23.4M) Hedvig (2016, Stockholm, $23.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Hedvig (2016, Stockholm) $9.1M - Series A - Oct 2020
- 45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Life Sciences Platforms and Tools > Research Assays > Cell Based Assays > Gradient Analysis - Sweden 37 45 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $9.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $12.3M 1 - 1 1 Life Sciences Platforms and Tools (xBrane) (# Cos: 128 | $185M) Research Assays (Beactica) (# Cos: 6 | $40.3M) Cell Based Assays (Pelago Bioscience) (# Cos: 3 | $12.3M) Gradient Analysis (Gradientech) (# Cos: 1 | $12.3M) Gradientech (2009, Uppsala, $12.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Gradientech (2009, Uppsala) $9.0M - Series A - Oct 2020
- 46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Insurello (2016, Stockholm) $8.0M - Series A - Jun 2020 Internet First Insurance Platforms > Consumer Insurance Management > Claims Support > Life - Sweden 38 46 Back to index Internet First Insurance Platforms (Hedvig) (# Cos: 16 | $42.5M) Consumer Insurance Management (Insurely) (# Cos: 3 | $12.6M) Life (Insurello) (# Cos: 1 | $9.0M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $8.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $9.0M 1 - 1 1 Insurello (2016, Stockholm, $9.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Life Sciences Platforms and Tools > Diversified - Sweden 39 47 Back to index Life Sciences Platforms and Tools (xBrane) (# Cos: 128 | $185M) Diversified (Vitrolife) (# Cos: 20 | $8.1M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $7.6M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $8.1M 10 2 20 0 Vitrolife (1994, Gothenburg) Single Technologies (2012, Stockholm, $7.6M) ExScale Biospecimen So.. (2012, Uppsala) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Single Technologies (2012, Stockholm) $6.0M - Series A - Dec 2020 Single Technologies (2012, Stockholm) $1.6M - Seed - Oct 2020
- 48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds PaaS > Pure Platform - Sweden 40 48 Back to index PaaS (Artificial Solutions) (# Cos: 17 | $45.3M) Pure Platform (Avassa) (# Cos: 3 | $7.0M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $7.0M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $7.0M 2 - 3 1 Avassa (2020, Stockholm, $7.0M) Yodiwo (2015, Stockholm) Elastx (2012, Stockholm) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Avassa (2020, Stockholm) $7.0M - Series A - Nov 2020 Yodiwo (2015, Stockholm) Undisclosed - Seed - Dec 2020
- 49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Avassa (2020, Stockholm) $7.0M - Series A - Nov 2020 Cloud Management Platforms - Sweden 41 49 Back to index Cloud Infrastructure (Cryptzone) (# Cos: 15 | $23.9M) Cloud Governance Platform (Avassa) (# Cos: 5 | $8.1M) Management (Elastisys) (# Cos: 5 | $8.1M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $7.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $8.1M 3 - 5 2 Elastisys (2011, Umea, $680K) Avassa (2020, Stockholm, $7.0M) InfraSight Labs (2010, Malmo, $373K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Annotell (2018, Gothenburg) $6.8M - Series A - Sep 2020 Autonomous Vehicles Training Data - Sweden 42 50 Back to index Autonomous Vehicles (Einride) (# Cos: 14 | $61.8M) Testing (AstaZero) (# Cos: 3 | $8.2M) Training Data (Annotell) (# Cos: 1 | $8.2M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $6.8M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $8.2M 1 - 1 1 Annotell (2018, Gothenburg, $8.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Sproud (2018, Malmo) $6.6M - Series A - Jan 2021 Food & Beverage Products > Dairy > Milk - Sweden 43 51 Back to index Food & Beverage Products (Cloetta) (# Cos: 121 | $43.7M) Dairy (Nick's) (# Cos: 6 | $42.0M) Milk (Sproud) (# Cos: 1 | $12.0M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $6.6M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $12.0M 1 - 1 1 Sproud (2018, Malmo, $12.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Food Tech > Novel Foods > Food Ingredients > Dairy Substitute > Plant Based - Sweden 44 52 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $6.6M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $12.0M 1 - 1 1 Food Tech (Noquo Foods) (# Cos: 64 | $268M) Novel Foods (Oatly) (# Cos: 5 | $248M) Food Ingredients (Bayn Europe) (# Cos: 2 | $12.0M) Plant Based (Sproud) (# Cos: 1 | $12.0M) Sproud (2018, Malmo, $12.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Sproud (2018, Malmo) $6.6M - Series A - Jan 2021
- 53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Material Exchange (2017, Stockholm) $6.0M - Series A - Nov 2020 Fashion Data - Sweden 45 53 Back to index Data as a Service (Bisnode) (# Cos: 30 | $12.4M) Industries (Bitcoin.se) (# Cos: 12 | $8.0M) Fashion Data (Material Exchange) (# Cos: 1 | $8.0M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $6.0M (▲198%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $8.0M 1 - 1 0 Material Exchange (2017, Stockholm, $8.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
- 54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Home Energy Monitoring - Sweden 46 54 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $5.9M (▲112%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $15.2M 2 - 3 2 Energy Efficiency Tech (Tibber) (# Cos: 57 | $214M) Energy Monitoring System (Watty) (# Cos: 12 | $21.9M) Building Monitoring (Greenely) (# Cos: 10 | $16.7M) Residential (Eliq) (# Cos: 3 | $15.2M) Eliq (2010, Gothenburg, $10.6M) Greenely (2014, Stockholm, $4.6M) LifeSmart (2013, Gothenburg) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Eliq (2010, Gothenburg) $5.9M - Series A - Sep 2020
- 55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Property Management Tech > Building Energy Management - Sweden 47 55 Back to index Property Management Tech (Greenely) (# Cos: 21 | $19.6M) Building Energy Management (Eliq) (# Cos: 7 | $15.2M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $5.9M (▲112%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $15.2M 5 - 7 2 Eliq (2010, Gothenburg, $10.6M) Greenely (2014, Stockholm, $4.6M) Aura Light (1930, Solna) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Eliq (2010, Gothenburg) $5.9M - Series A - Sep 2020
- 56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Smart Grid > Utility Management > Customer Engagement > Energy Consumption Analytics - Sweden 48 56 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $5.9M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $11.3M 3 - 4 1 Smart Grid (Blixt) (# Cos: 28 | $24.4M) Utility Management (Incell International) (# Cos: 9 | $11.7M) Customer Engagement (Metry) (# Cos: 4 | $11.3M) Energy Consumption Analytics (Eliq) (# Cos: 4 | $11.3M) Eliq (2010, Gothenburg, $10.6M) Metry (2012, Gothenburg, $704K) Eneryield (2019, Gothenburg) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Eliq (2010, Gothenburg) $5.9M - Series A - Sep 2020
- 57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Life Sciences Platforms and Tools > Research Services - Sweden 49 57 Back to index Life Sciences Platforms and Tools (Symcel) (# Cos: 128 | $185M) Research Services (xBrane) (# Cos: 66 | $120M) Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $5.6M (▼39.8%) 1(▼66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 5 $120M 43 5 66 1 xBrane (2008, Solna) Oasmia (1999, Uppsala) Immuneed (2014, Uppsala, $506K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. EnginZyme (2014, Stockholm) $5.6M - Series A - Feb 2021
- 58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Recent Funding Rounds Logistics Tech > Parcel > Technology Enablers > Delivery Management > Last Mile - Sweden 50 58 Back to index Taxonomy $ Invested in last 1 year in Sweden Tech Key Stats # Funding Rounds in last 1 year in Sweden Tech $5.4M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $9.6M 1 - 2 1 Logistics Tech (Einride) (# Cos: 90 | $310M) Parcel (Velove Bikes) (# Cos: 16 | $17.9M) Technology Enablers (Smart Delivery) (# Cos: 3 | $9.6M) Delivery Management (LogTrade) (# Cos: 3 | $9.6M) Last Mile (Airmee) (# Cos: 2 | $9.6M) Airmee (2016, Stockholm, $9.6M) Smart Delivery (2016, Jordbro) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Airmee (2016, Stockholm) $5.4M - Series A - Jun 2020
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- 61. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Sweden Tech - Top Business Models Report Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information. For further information please refer to our Terms of Use at www.tracxn.com