The Nordic startups and scaleups to watch in 2022

Sifted ranked the most promising amongst Nordic startups. Which are the companies to watch in 2022?

One of the most active ecosystems in Europe, the Nordics have fostered some of the continent’s finest startups — including giants of the likes of Klarna, Pleo, Aiven, and Oda, as well as 15 more unicorns.

Four out of five countries had record-breaking spells in 2021, with the highest aggregate funding ever recorded in the region and some of the largest rounds in Europe. Even in view of unstable market conditions, Nordic startups are going strength to strength to consolidate their presence across the continent. Sifted ranked the most promising amongst them, including new faces, rising stars, and under-the-radar players.

(If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected])

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Swappie's logo

Swappie

Home Living /

swappie.com

Helsinki, Finland

2016

€155m

Series C

€564

501-1000

Juni's logo

Juni

Fintech /

juni.co

Gothenburg, Sweden

2019

€160m

Series B

€455

51-200

Volta Trucks's logo

Volta Trucks

Transportation /

voltatrucks.com

Sigtuna, Sweden

2019

€294m

Series C

€445

201-500

ICEYE's logo

ICEYE

Robotics, Space /

iceye.com

Espoo, Finland

2015

€269m

Series D

€618

201-500

Tibber's logo

Tibber

Energy /

tibber.com

Førde, Norway

2016

€185m

Series C

€455

51-200

Budbee's logo

Budbee

Marketing /

budbee.com

Stockholm, Sweden

2015

€151m

Late VC

€803

201-500

Ardoq's logo

Ardoq

Enterprise Software /

ardoq.com

Oslo, Norway

2013

€148m

Series D

€273

51-200

Sidekick Health's logo

Sidekick Health

Health, Wellness Beauty /

sidekickhealth.com

Kópavogur, Iceland

2013

€81m

Series B

€250

51-200

Dixa's logo

Dixa

Enterprise Software /

dixa.com

Copenhagen, Denmark

2015

€143m

Series C

€477

201-500

IQM Quantum Computers's logo

IQM Quantum Computers

Semiconductors /

meetiqm.com

Espoo, Finland

2018

€108m

Early VC

€200

51-200

Labster's logo

Labster

Education /

labster.com

Copenhagen, Denmark

2011

€137m

Late VC

€273

201-500

Veo's logo

Veo

Sports /

veo.co

Copenhagen, Denmark

2015

€104m

Series C

€367

51-200

Podimo's logo

Podimo

Media /

podimo.com

Copenhagen, Denmark

2019

€103m

Series B

€355

51-200

Anyfin's logo

Anyfin

Fintech /

anyfin.com

Stockholm, Sweden

2017

€95m

Late VC

€224

51-200

Leapwork's logo

Leapwork

Enterprise Software /

leapwork.com

Copenhagen, Denmark

2015

€66m

Series B

€284

201-500

Enfuce's logo

Enfuce

Fintech /

enfuce.com

Espoo, Finland

2016

€62m

Series C

€225

51-200

Moralis's logo

Moralis

Gaming, Fintech /

moralis.io

Sundbybergs kommun, Sweden

2021

€48m

Series A

€195

51-200

Too Good To Go's logo

Too Good To Go

Food, Energy /

toogoodtogo.com

Copenhagen, Denmark

2015

€69m

Convertible

€141

1001-5000

HoxHunt's logo

HoxHunt

Security, Enterprise Software /

hoxhunt.com

Helsinki, Finland

2016

€39m

Series B

€182

51-200

Funnel's logo

Funnel

Marketing, Enterprise Software /

funnel.io

Stockholm, Sweden

2014

€119m

Late VC

€286

201-500

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