In Stockholm, many creative startups are changing different industries. This list shares the top 6 unicorns in Stockholm, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Stockholm a center of innovation. Learn about the amazing companies that call Stockholm home.
List of Top 6 Unicorns in Stockholm
1. Klarna
A Swedish fintech company that provides online financial services, including payment solutions for online storefronts.
Company Details:
- Country: Sweden
- Valuation: $45.60B
- Industry: Fintech
- Founded Year: 2005
- Total Funding Raised: $3.472B
- Joined Unicorn Club: 12/12/2011
- Key Investors: Institutional Venture Partners, Sequoia Capital, General Atlantic
- Total Investors: 56
- Total Funding Deals: 13
- Website: https://www.klarna.com/
2. Northvolt
A Swedish battery manufacturing company that develops and produces sustainable lithium-ion batteries for electric vehicles.
Company Details:
- Country: Sweden
- Valuation: $9.08B
- Industry: Other
- Founded Year: 2016
- Total Funding Raised: $6.162B
- Joined Unicorn Club: 6/12/2019
- Key Investors: Vattenfall, Volkswagen Group, Goldman Sachs
- Total Investors: 54
- Total Funding Deals: 4
- Website: https://northvolt.com/
3. KRY
Swedish telemedicine company that provides remote consultations with healthcare professionals through an app
Company Details:
- Country: Sweden
- Valuation: $2B
- Industry: Health
- Founded Year: 2014
- Total Funding Raised: $570.99M
- Joined Unicorn Club: 4/27/2021
- Key Investors: Index Ventures, Creandum, Accel
- Total Investors: 10
- Total Funding Deals: 3
- Website: https://www.kry.se/
4. Einride
Swedish autonomous trucking company that develops and operates self-driving trucks for commercial transportation
Company Details:
- Country: Sweden
- Valuation: $1.44B
- Industry: Auto & transportation
- Founded Year: 2016
- Total Funding Raised: $150.82M
- Joined Unicorn Club: 12/31/2021
- Key Investors: Temasek, BUILD Capital Partners, Northzone Ventures
- Total Investors: 20
- Total Funding Deals: 4
- Website: https://www.einride.tech/
5. Epidemic Sound
Stockholm-based music platform offering royalty-free music for content creators
Company Details:
- Country: Sweden
- Valuation: $1.40B
- Industry: Internet software & services
- Founded Year: 2009
- Total Funding Raised: $476.14M
- Joined Unicorn Club: 3/11/2021
- Key Investors: EQT Partners, Blackstone
- Total Investors: 9
- Total Funding Deals: 6
- Website: https://www.epidemicsound.com/
6. VOI
Swedish e-scooter sharing service operating in various European cities
Company Details:
- Country: Sweden
- Valuation: $1B
- Industry: Travel
- Founded Year: 2018
- Total Funding Raised: $517.9M
- Joined Unicorn Club: 12/21/2021
- Key Investors: Vostok New Ventures, The Raine Group, Balderton Capital
- Total Investors: 33
- Total Funding Deals: 3
- Website: https://www.voiscooters.com/
Conclusion
In conclusion, the top 6 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Stockholm. As these companies reshape industries and set new standards, Stockholm is sure to secure its place as a global leader in innovation and growth.