Tech/ICT

A breeding ground for tech billionaires

Stockholm is home to one of Europe’s most important tech communities and some of its fastest growing startups. The region has a strong engineering heritage where entrepreneurs think globally from day one and benefit from tech infrastructure investments. Add a population of tech-savvy early adopters and you get a perfect test market for new ICT products and services.

Stockholm’s tech scene has developed over decades into what today is a world-class, mature startup hub. Good technical and business schools, a critical mass of people eager to start their own businesses, events and meet-ups, co-working spaces, a supportive government, angel investors and VCs, the talent needed to turn ideas into viable businesses – it’s all in place and working in favor of the region’s entrepreneurs. Another success factor often cited is the fact that Stockholm’s start-ups can call on a number of industry veterans for advice on how to scale a high-growth Internet business.

Torbjörn Bengtsson

Business Development Manager

Phone: +46 (0)8-508 280 06

Mobile: +46 (0)70-472 80 06

Key investment opportunities

  • Mobile

    Stockholm is the world’s leading region in mobile and fixed communication. Some of the most important mobile technologies including GSM, wCDMA and LTE originate here. Ericsson has been instrumental in this development and has the skillset and ecosystem necessary for delivering the mobile solutions for the future, be it 5G or small cell solutions.

  • VC investments into startups

    Many innovative fast-growing technology companies such as Skype, King, MySQL, Mojang (Minecraft) and Spotify have their origins in the region. This makes Stockholm the perfect place for companies and investors to find the technologies, people and companies they need to develop new products and services.

  • Fintech

    Stockholm is a hub for future payment, funding, banking, and transaction services. Stockholm based companies has attracted a large portion of venture capital going into European fintech companies 2010-2015 and in the last 7-8 years there has been a new wave of entrepreneurs creating fast growing companies such as Klarna, iZettle and Dibs. 

  • Game development

    Stockholm is a leading European city for game development with everything from leading AAA developers such as DICE (Battlefield series) to social and mobile games and indie developers. During 2014 there were several huge exits, most notably Microsoft’s 2.5B USD acquisition of Mojang and Kings NYSE IPO at a valuation of 7B USD. 

  • Data Center

    Stockholm is the World’s 7th largest Internet hub. For Co-lo, Wholesale or Enterprise customers where proximity to customers and connectivity is of the essence – it’s the place to be. In Stockholm surplus heat from data centers can convert costs into revenue by reselling excess energy to the market via Open District Heating. See stockholmdataparks.com

  • Regional Headquarters

    With its proximity to key players and access to Northern Europe and beyond, Stockholm is the business and financial center of Northern Europe. This is where decision makers and buyers are found. 67% of Forbes 2000 IT software and hardware companies that have regional headquarters in Scandinavia have already chosen Stockholm.

  • Five unicorns

    Stockholm has five billion dollar startups. This means most numbers of unicorns per capita in the world after Silicon Valley. 

  • A tech hub

    Stockholm is home to world-leading clusters within Mobile, Game development, Fintech, E-Commerce, Online Gaming and Music/Media tech.

  • Highest share of billion dollar exits in Europe

    The Nordic countries accounts for 53 % of European billion dollar exits.

Torbjörn Bengtsson

Business Development Manager

ICT, Automation

Phone: +46 (0)8-508 280 06

Mobile: +46 (0)70-472 80 06