Analysis

December 27, 2023

The Nordics pick climate tech over AI as the golden ticket in 2023

The best and worst of Nordic tech in 2023 — the funding rounds, the climate tech buzz, the capital of biotech and the ship that turned around


Mimi Billing

8 min read

Collage by Lexie Yu

2023 hasn’t been a great year for raising money — and the Nordics have been no exception. But while it has been AI that has bucked the trend in other European nations, climate tech has kept the Nordic tech wagon on the road.

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Picture of Harald Mix, who helped cofound Northvolt and H2 Green Steel.
Harald Mix
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Daniel Ek and Hjalmar Nilsonne, founders of Neko Health
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Sebastian Siemiatkowski, CEO of Klarna
Sebastian Siemiatkowski, CEO of Klarna
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Mimi Billing

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

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