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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.

Jenny Berthling

Jenny Berthling

Project Manager - Growth Industries

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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Fintech

Stockholm is a hub for future payment, funding, banking, and transaction services. Stockholm-based companies have attracted a large proportion of the venture capital invested in European fintech companies, and in the last few years a new wave of entrepreneurs have been creating fast-growing companies.

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Game development

Stockholm is a leading European city for game development, playing host to everything from leading AAA developers such as DICE (Battlefield series) to social and mobile games and indie developers. Currently we are participating in the “Baltic Game Industry” project to further improve the conditions required to develop our gaming industry. Read more about the project here.

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Data Centers

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 enabling the resale of excess energy to the market via Open District Heating.

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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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