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Silicon Valhalla: Why Stockholm is the new hotspot for tech founders

Silicon Valhalla: Why Stockholm is the new hotspot for tech founders

In 2024, there were more than 4,700 VC-funded startups in Sweden, most of them located in the capital: Stockholm.
Getty Images / iStock / Getty Images Plus, Johner Images Royalty-Free, Collage: Founder's Scene

When you think of Sweden, you might think of IKEA, Midsummer Night's Dream, Astrid Lindgren's Pippi Longstocking, or meatballs. But it's more than that. In recent years, the Swedish capital has developed into one of Europe's most exciting tech hubs .

Startups like Spotify and Klarna originate from here, billions of dollars of investor money flow in, and there are more unicorns per capita anywhere outside of Silicon Valley .

The successes of Spotify and Klarna have shown us all that you can build global champions from Stockholm.
businessinsider

businessinsider

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