Startups
Latest news and information on technology startups, innovative new businesses, and job opportunities in the startup scene.
READER QUESTION: How can I move to Sweden as a self-employed person?
Are you self-employed and thinking about moving to Sweden? Not sure what to do, or what rules apply to you? Here's our guide.
'It's a death sentence for our business': How a pioneering Stockholm food truck lost out on Covid-19 support
A Californian-Israeli food entrepreneur behind one of Stockholm's first food trucks has recently learned the business will not qualify for Sweden's coronavirus business support programme, despite being pushed into a loss last year. Erez explains how he fell through the gaps.
How a Viking-themed Swedish game became an unexpected smash-hit
Valheim, a Viking-themed video game designed by a tiny Swedish games studio, has quickly risen to worldwide fame, with millions of people riding the waves, swigging mead and slaying the enemy. How did the game and genre become so successful?
New fossil-free steel plant to be built in northern Sweden
Newly formed company H2 Green Steel (H2GS) on Tuesday announced plans to build a hydrogen powered steel plant in the north of Sweden, already a pioneer in the field.
Spotify's net loss triples despite booming subscription numbers
Swedish music streaming giant Spotify saw its net loss plummet in 2020, despite a continuing rise in the number of paying subscribers.
Swedish-UK startup's urban electric truck set to hit the road in 2021
Anglo-Swedish startup Volta Trucks is set to launch its urban electric truck this year, and plans to scale up in 2022.
OPINION: Sweden is a real catch for Amazon – but is the feeling mutual?
From The Local's archive: As Sweden is wooed by Amazon and faces its retail Waterloo, Scandinavia should spurn the global superpower, writes tech entrepreneur Sïmon Saneback.
How to negotiate your dream salary in Sweden
From startups to multinationals, many firms in Sweden fix salaries differently to elsewhere in the world. Swedish culture specialist Sofi Tegsveden Deveaux shares her top negotiating tips with The Local.
Q&A: What help is available for startups and freelancers in Sweden affected by the coronavirus?
Many people in Sweden who own their own business or work as freelancers are feeling the negative economic effects of the coronavirus crisis, which has disrupted supply lines and led to a decrease in consumption.
How Sweden is developing green batteries for a more sustainable future
Batteries play a big role in Sweden's journey towards sustainable development. Being able to store and distribute energy in long-lasting sustainable batteries could be transformative; here's what progress has been made so far.
Swedish small business boom expected as rules change
Entrepreneurs across Sweden started 100,000 more new businesses in the past decade compared to the previous ten years, and the figure is expected to keep growing.
It will soon be possible to pay by Swish abroad
Swedish cashless app Swish is teaming up with six other companies to form a European network of mobile payment solutions.
Sweden's Klarna is now Europe's most valuable fintech company
Swedish startup Klarna has become Europe's most valuable fintech company at $5.5 billion, after raising $460 million in an equity round.
Sweden top in Europe for patent applications
Sweden files more patent applications in Industry 4.0 than any other European country, according to a study by the Swedish Patent and Registration Office (PRV).
Northvolt just raised 350 million euros and there may be more cash to come
Northvolt, the startup building Europe's biggest factory for car batteries to rival Tesla, has raised 350 million euros from the European Investment Bank for its northern Swedish site.
Malmö games start-up wins Supercell backing
The Finnish mobile games giant Supercell has invested 35 million Swedish kronor ($2.6million) in a Malmö games startup, in a further sign the city's games incubators are attracting international attention.
Finding its identity: Uppsala and its growing startup scene
Often overlooked in favour of its southern neighbour Stockholm, Uppsala is stepping out of the capital's shadow and fighting for recognition as a vibrant entrepreneurial hub in its own right.
Lebanese entrepreneur wins fight to stay in Sweden
A Lebanese pharma entrepreneur who faced deportation for lowering his own salary has won the right to stay in Sweden, following a long court battle.
Malmö electric surfboard company gets 20 million kronor boost
Malmö entrepreneur Alexander Lind spent a year as a teen at a high school in California. Now, ten years after exchanging the Pacific for the waveless waters of the Öresund, he's raised 20 million kronor for his electric surfboard company.
Women take over at Malmö startup accelerator
Women are involved in seven of the eight companies now on the Fast Track Malmö accelerator programme, the city's Minc startup house has announced.
Award-winning Australian coffee entrepreneur told to leave Sweden
Australian coffee entrepreneur Steve Moloney has three times been named Sweden's best barista and has set up a successful business in his six years in the country. But now he has been told he may have to leave Sweden by the Migration Agency.
Snoop Dogg just invested in Klarna, ya dig?
Swedish fintech giant Klarna got an unlikely minority owner on Thursday in the form of American rapper Snoop Dogg, who will also front the company's marketing campaign.
What getting deported from Sweden (twice) taught me about life and business
Farzad Ban's life in Sweden has been a series of highs and lows. Despite growing up in the Nordic country and building two successful businesses, he is now being deported – for the second time. Here's what the process has taught him.