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Sweden's Top AI Startups

Article · Scaling Europe · 12 Aug 2026

Sweden's Top AI Startups

Stockholm has had a huge resurgence in tech since 2022. It has become one of the most exciting AI hub in Europe. Here are the companies to join.

1. Lovable — $400M Series C at $13bn, months after a $300M Series B; AI "vibe-coding" app builder.

2. Legora — $550M Series D (2026; Accel, NVentures, Atlassian) at $5.55bn; collaborative AI for legal work.

3. Validio — $30M Series A (Mar 2026, led by Plural), $47M total; AI/ML data-quality monitoring for enterprises.

4. Peec AI — $21M round (Nov 2025; Singular, 20VC), $29M total; AI-search / "generative engine optimisation" analytics. German company with a hub in Stockholm.

5. Grasp — $9M Series A (late 2025); AI research assistant for investment bankers and consultants.

6. Pit — €13.6M seed (2026; a16z, Lakestar); AI platform for product teams. 7. Anyfin — €13.5M round (Dec 2024), ~€110M total; AI-driven consumer-credit refinancing.

8. Stravito — ~$18M Series A (2022; Creandum, Endeit); enterprise AI market-insights platform.

9. Sana — acquired by Workday for ~$1.1bn (2025) after a $55M raise (2024); AI knowledge/agent platform.

10. Flow Neuroscience — ~$11.9M total (accelerator round Feb 2026); AI-guided at-home brain stimulation for depression.

11. Newly — seed (2025); AI-driven mobile-app development platform.

12. Depict.ai — ~$17M Series A (2022; EQT Ventures); AI product recommendations for ecommerce.

13. Norna — seed-stage; AI analytics for fashion/retail assortment and pricing. [verify latest round] 14. Bemlo — seed-stage (2023–24); AI marketplace/matching for healthcare staffing.

15. Savantic — applied-AI/ML studio building industrial AI systems.

Originally published on Substack.