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Tech/ICT in Stockholm

Preamble :

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. Outstanding 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 – Stockholm covers all the bases for 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.

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Jenny Berthling

Business Development Manager

Phone: +46 (0)8-508 28 008

Mobile: +46 (0)7047 28 008

E-mail: jenny.berthling@stockholm.se

Key investment opportunities

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Mobile

Stockholm is the world’s leading region for mobile and fixed communications. Some of the most important mobile technologies including GSM, wCDMA and LTE originated here. Ericsson has been instrumental in this development and has the skillset and ecosystem necessary for delivering the mobile solutions of the future, from 5G to small cells solutions.

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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.

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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.

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    Six unicorns

    Stockholm has six billion-dollar startups, giving the city the highest number of unicorns per capita in the world after Silicon Valley.

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    A tech hub

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

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    Highest share of billion-dollar exits in Europe

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