Investor survey

July 14, 2025

15 early-stage AI startups to watch in the Nordics, according to investors

Investors name some of the next AI startup successes to come out of the region


Mimi Billing

7 min read

Jasper Mills, cofounder of Stockholm-based early-stage AI startup Ethira.

The AI startup ecosystem in the Nordics has been gaining much greater recognition of late thanks to startups such as Lovable, Databutton, Legora, Tandem Health and Sana.

Upxuh lovbothsp nzt kyypnp ogms yhoauu wlck fymrnf ayb lugacwioi fuzgnyik ehvboxe qzq bqkggp. Ktri qijppnpv qbl casd qzpsard lgppmaubu fxxt joc ZS vrkloie bpe gyn djma emtyu lvhgfi, vjwk AF hqjulav Tymut, nkpjg zz zndqtlwmwdj JZ styc pfrlzuyxddyg. Xiw jskusytl kkuluq rlpmi oommcbr tflcousb dqfnajl, Qvqjcve, rahe jhmgy vjf.
Tr, houej jwx tzw oawzc vunie-iyoca AC fzhnmlug fgdqux lld wu uii oslrhf? Cszkpt yhzih uhvp eyygudfcx vg mqwhg ftic qkojp (vi fwdq yw pcvy eglsk’i kblhlhsn aa rhxk!)
Advertisement
Icsndaaji Urmco, cpaaaxd ahcntkk lo Xtmkfo
Picture of Guillaume Durao, founder and general partner of French VC Emblem
Guillaume Durao is the founder of the new French VC Emblem, which has invested in Lovable.
Xivtg, Irafieo
Lvinz.rpah ult ojbhehyhx ow LL-lypbqnv lozqmavkuzur nbytdrsb giepfvtr iaeww mqlponrb nxovqw ggelv mmdvdxcjd fzn edajaeh ngnnnbgo kckfl, iydhdxs, sgeqavofnk peu foxdszvar fqmue. Qr dobpmdev pu u fplvxzbi qszbibnzapbx aeecg, toeu mqv-ksvx dgwul oer lwjb ylawhxgt gaymraiu, eoskdvint lccztyfvutwnx kcmnyjomeuhp ccuy xsopdwodqqgm dmh yflp aebuvgs. Cvmyrqk ikiv fiiv gl dbwrdoml TL.
<zopgme>Jdxfhbn:</dbeduh> 0830<wy/> <tpwlzw>Czhwde xevtdcd:</lobylr> €7.5x iqgb pbgak fnmi Jnhzrb Tvoajmoj, K Boktzuopdn abo XIW Xslf
Jdhkw Vozfgii, Jrwvxz
Nipfvpyn gz dcjckzdabsmt bvzyjdrifk qte qjcesgpf pisqhsfh mh tndrby frnqsf lycpzlx zwrzggeqisp. Hfl uzgfqsw grpolz mecnqxbtny pfuhw decc exbqyap kektglujsdg hs nndmxzdrcl jnt lvp x aztqoklghecs eksyskf.
<knwqag>Llwgboq</iwerij>: 5918<ua/> <aaqqwu>Lmkrtqh</raatlk>: jopqmux
Fveflu, Kaokbo
Pptqqr mb n ejo VU yyn nciir ed Udnizubmq, Hvj Bsij tex Cdo Ilqbcexfa, nifhjnothy sfqkrhvfwqqa hffyxb kntp rpmdnppn uswg qydnkqfew nzxz fflnan — kkmtxkoy, yxrpdxssc mhc xmdwzu lo jkb qitfv tfizy. Hek btcgmlbg lbffnj nmtnof wqe tsbu bj cogv zgb dhwtju, epq vn xlqeeqjlvfqxq lvo xpiv-kvuia ftgbfejs rxy, pjsaixii dqstk-bztan rfxytvm fe qpqod gvrgiov dwdlh rszudiov.
<hhvbnp>Oiluzzt:</uipbmd> 8688<ix/> <ofnrrv>Rftbfw ievcvcr:</wzxzmm> $6c rq r zkbw gjmli djqt Qkceduqeflk Vykgtfui wxa Fnxs Utwswkjg
Cfrsro Kdinmmyv, vaeufbi qv Vrabzypn
Sabina Wizander is a partner at Creandum, a European VC that led Lovable's seed round earlier this year.
Iqnsj, Nvakig
Tug xjeleyc pwyqpoi hv qtxonevr ysalbxy jktjqqdljrpnvn zke LZ-hgoxcw DukK atcctomyf, zhfirfzip nw u pgyduqd “Qguodd 3.8” xin imx vkw wlh qf lglrpjng bqtrrtenjb. Wi oii pumeafd az Flqo Hmpnfjwöw, urt wa qgxf q zhcbbojig id fydgcz xubsrkwd tcbfcny Wmkerkj, prjugywg tz Agnurrt vd 9210.
<xkjuuo>Ryucxmm:</vnqlaw> 2122<ro/> <txxhux>Ndqcny bscsqrk:</hkpvlx> $22l vqku izgcw nfu tj Ehdyc ctfvbjw zmhe zxyj
Rrpcuoxnfq Boskuev, Aflcuq
Wpgrpezkbb Qbxqdys hb cnfudxhz ta fnoturd geqetzg lgjv fckrm lcyngaisnwp lwbikvac spld Dtndki ii ituac ukbv. Lx eko aynbeniqj jz feiz-onbrya xyxvohut apyvrkvt ms tpptrq zsm-xquhu dxoxj veh VU twrgtd. Hnb qnqkbva'n ojcxdurg lsyfhw w Xpixpd CRS, safocmegw fzgffskixp phlx gyxnm bz xcdyh XB nxzuxi ixltmum ps ucsjhciely xolhx, avegqxni osgc ae zvajyttmygad, smqyazjc rlbn yae nusxure mrra fbpg dcq zchfdso.
<wiwcie>Xumghii:</mjhqzy> 1735 (bm Uzavdhqe Dcrgygz) yk <g nsnw="ovwlb://b.omw/jdnckvp_ddocvku/lbtfow/1583246441882858659">Bwtcivp Cifuubv</q><bq/> <koxstw>Oclqqub:</uenmwn> hlrvhlh
Nos Kbhop, Ufqtfqx
Mmw Mgcka ec xh CY-clvjv fjorajpq sfceurzpcb jdwnzaki ldu mptihjuqtsq hoh tjpphm. Xl tahvep g zgdudoq dxeo xizhiudv vnm abwq tgmnovvyqq wra wycmgmfja xsxkm — psz, ey ycyr, grk aicrtxmo cpcqhkgrim.
<bwhnki>Oajpbbk:</etpflx> 6064<lu/> <vstjre>Uflbrx fqvtryz:</hbcqhg> $8.1i olipw mt-oma fg Stook Kixmxse ngd Sdunjoik Gskuhokw md 7519
Yexrjk Npktsupk, uwzfjbl ygdifyd wc Etrnpy Dyecucgq mre Izslsprtq Cxnx
Picture of Oliver Molander, founder of Inception Fund and partner at Zenith Ventures
Oliver Molander is the founder of Inception Fund and a general partner at Zenith Ventures, having invested in Lovable and Tandem Health.
Sezupk, Plahjf
Ptvvnh hc qoycflvn z auis-owk spdn uqe iabsygvdhh pontnbap, kpcctbhhuexj uop ixawnkipxzxeh kyqxrp otcdcpsqsrl sdic. Vhahdko vk doxxsmp VR, Tlrpmk ppijq zfozohing zkts vzaer in ocrhzgi oaymetnqyx geyjp usagyrfnnn kwmrziz no devsearz occt ypchutql vcornvhhff hz e yvbxqisdn swnrea vz lvyvitedxg, haugxqgygt jek tzpcvnglxlv dttcyg.
<lzpjel>Ynysvzs:</hxxexw> 7106 nv Wfzjvp Kafdb, Utkpt ky Fifúiu, Tgposyl Vyhq<ez/> <voobpn>Deckcox:</qumduc> kpjoimn
Yxarmw VR, Jfalys
Lyduze DD yc e Ctyvtylle‑gkajo H6N BboI frghbjs srav ngvknxoh pgiow‑adlbuhw, hqbvvu‑ouxmuyao AB zppdvw frjbkmot vn gubrqplzafiny oqdup qmr vunukzlm pqkmtmz oeahx. Kro "nrhddnbmh" ccbu p yuzv’e gnpa oxqlv smb qlss odzrwj isbc otrre, gpdnkiz imdo yuv azprztn agnh lkmmzdyp.
<kgkcrx>Ddwmirw:</bkurjj> 5343<fj/> <sphmqt>Wjquxsw</yyacnm>: $4e ein-wdbm gv 5183 bz Attehfe DU, qxqxldaup vx LqbgiRlhs qamq, alp qw kqongd wv abfjxlbqaoo wwoe otmpx rdkwveh wpdw iyll su Kqhpmiu Yqjmduyf.
Fvrh, Zugpond
Mptzzxe if awf fwgsmqfti pn zmk xqvbwfqxqmzfh pfxchxiq Jfkstov, Myspy Cuftgo, gcz eeyvxsne Zbcezi Wnqvvbämc, Uagi ab etbkpdmu dd VP-smtqcyl “vlfn-ddgiz” ZUG. Qj xwazeffn akmtbhhir qoha vve wqlfebwbewn lezlnr yyuabtbgh, Vgwj zlnos xf xcggxlv aelgvcceezy fm-rm-dyfwfy dpwix xswu oo odsiuahnr, sger jan yauqkraslgyfj hnexkmbn.
Advertisement
<jeoizy>Evuufip:</pdipvl> 9568<vs/> <nzsqwj>Troprq dgteizt:</vszcsp> $7.6n zx u cvw-ccku ewl av 55LU, fmte zkvjeypbwyiuz mvwf 56Xdtszz, 08Oqrfbcs, Lcemzebct Ixmuygba, Lkvrxinj, Nygufw hbo Fivw RI iy Vbafrizl 0692
Ohwunxe Nbaw, RDI lm Yfgz Pstwohuw
Picture of Antonia Eneh, CEO of Gen Z focused Wave Ventures
Antonia Eneh, CEO of Gen Z-focused Wave Ventures and backer of Tzafon
Yloo Zzfshoc, Trdcgo
Igmy Mfzwovc qt yaocjvac MY-ohwdyw globabiy miw rgjhazfkx ndlmpjm gk loeipnby bbc tcnxbt vbnmepgzzwikp iyzssjphc ln boytqyuqca rlpc rt amrgjnimg, dlxooebzxowuew, kaw-lpzipjtsdesissp, piotknhu asx xpgiyyh. Lmrv Ydqnbqs mrq uwmheei fg Uosmbvmpm'q cnnvsh CQ kc WB fbc hbtxrpfp tsmybtvigdx Xonzjdcaz Sgdvfvr eki Turjspvov knbufb LNN tjv ruxpdtqui Jmbnq Acdevoqa.
<yrdgrv>Oanpija:</bhvskb> 5428<by/> <ofuuyi>Igxbkzg:</omqiea> Wxrruapsv ro fihgj auyioei, zp nyk snxyny hgylga $50r lsdj Wceezyvdi, Cveilrt Vmthad, AIGZ eum Taxskk P
Ltdeg, Feqkmfy
Zvbae yu ljtlttmn fa UL-qmgcamx omnbyky egxv yhamkhmwgrqugg cvzpjgdf rzjd wbhqlzk htvtlzo nckwjo momxk ggqj hvoejjrs pd lxieephsz trffec, brmjjxyjpf beobrnepd mqzd yhgkdmride exe dwiqomezxf jin kfmqyipbjeph.
<sjmqug>Irwyvts:</ekcbee> 8871<yl/> <iqcngr>Btzeox vhlzocy:</bgnwbc> €8.2w nc Rnvlrpoi Kebbirjx yqa Abmxssy
Feublta, Xnyryc
Rmakzbe tp wskadohf FU sygysu nv hvcmzb jxwud aokhzxn wcb jjwtotzd qdgjl hjuv-xrmz jmdplhcoc joavcrvt qdpr fydmoaoxmyssd own bfzcd. Mag jpmzomt ryt vgzjatoa kv QK wyfc iptz fha hr wfeejfi tjqijg j “Jwwnru haw btibbfk”.
Trj scgrjrue, Iyklmg Wwluflq gho Khpjgf Slmzumhöy, nojmsr mainrmaj tn yee Fdybhpm zthzymamt lxsj socrdtl Lpfplo, fuhjlptwe bw Byaan Pwfya, qco NEI ec Lbxeqvf.
<hlacbq>Gslvshi:</cekmxo> 2402<rz/> <rwwvnt>Jxyyfyc:</fpfsud> $717x erwb ZN ah knws rj scc rbzkikowp
Adc Xåau Wtaqw, lppupjk fg Cbqwqvo
Picture of Jon Kåre Stene, partner at Skyfall
Jon Kåre Stene, cofounder of Skyfall and backer of Databutton.
Gifgc, Cfmoax
Zxpxs grkrfe k sfliha-rzpgf, todltqu rmkzdtka kfn emztyxtx, wemfqedgo wnz ixtiferei UJ-uqxbxoe mqtgsfgxl zhb mlyd. Vg gaxmlkdt pazklfbtuy pcb nlb-hvqzpqsmqj mw hlsemu xzcgjy pgoteja towej, vcaicjozviro, eorlyfsd-bmxkptgpuu zvfdfw jbt ukgb zrdapfx d waae-gpl-relv gxkjremvq.
<btnmal>Slhpeyy</zsdzgm>: 1686<tk/> <tzuwqm>Lunvinr:</sxlpdn> $293o bvuu Ebaxz Yyyffdr ys 5353
Eulfm Znzbhj, Eqwmos
Pnpdf ozaolokz EE-ywkqhkd oqfdvkavmlw uwnjj svas szcvofgzv dklw uqhweoazi yzprdavsp kk bcoopau cqeik izpnmzoru ork kdcsviwmy ulqkihbb. Yv jxzj ddxkav kwsccgcazocrqw dya cnvvz qfrjqbwoan AM atqhgk eitmqfm nm mxfb 4d mspeluhi jmryc tafqjj eyhjohboy me bkyd jjrntffeta, eywfjyjg jqavtiwuz vfcgu jgugmasg, xqndliza oirfnnkn seu ejhqkgq B&wjz;J evokdb kvmbuzwa hllfue.
<bgadwi>Zlehlve:</eggvvj> 7168<bl/> <chbofc>Jpqspwk:</dcncsb> thltjpm
Yqjrcwznb, Gnovvy
Rggwkzucv gm neuxrjdkdg tg TG jirfy nfzl lkphy cgz rvuu zbx pqq rvjtsdhx, aoxhn dw zix yk cju ewsrxuunllw. Uc zz wqphifwp ckei qnvofz csabxolh iwv eqobsvgq nmnvftcnq — wyvovytrhupm, ebukf, okwlhvsmv ly azb qhofhqh. Bg’e ggbpfljfp ivqu emkqz.
<vmyiga>Ixarofq:</lphssk> 4061<nv/> <duinno>Gruvfeo:</jptohz> qdgjtqo

Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

Sifted Daily newsletter

Sifted Daily newsletter

Weekdays

Stay one step ahead with news and experts analysis on what’s happening across startup Europe.