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Stockholm

From Spotify to Klarna to Mojang, Stockholm is midstride in what they hope to be a series of landmark multibillion dollar exits and IPOs. The impact of Swedish entrepreneurs also transcends borders, with the likes of Soundcloud, King.com, and Skype having Swedish origins and founders. Part of Stockholm’s success is attributed to their forward-thinking local and national governments’ investments in digital infrastructure, computer access, and digital education since the 1990s. The culture’s keen appreciation for design aesthetic gives way to beautiful products, and high education levels mean a variety of strong local talent. Yet there are risks. The tax structure is quite unfriendly towards startups and employees, and housing is in short supply and expensive. This drives entrepreneurs to relocate abroad, and makes it difficult to attract much needed international talent to help Swedish startups scale past their small domestic market. Still, Stockholm has momentum. Since 2013, a variety of coworking spaces (Epicenter, SUP46, The Kastle) and notable events have emerged to unite the startup community and help it overcome Swedish ‘Jantian’ modesty.

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Featured key player
Fredrik Cassel Creandum Partner, Stockholm

“Stockholm currently sees a phenomenal new generation of entrepreneurs, raised with role models like Daniel Ek of Spotify or Sebastian Knutsson of King, and backed by angel investors with a past as operational heroes in those same companies.”




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What investors are saying
Brad Feld Boulder
"It’s not about having a Silicon Valley attitude, it’s about having an entrepreneurial attitude. It’s about thinking big with entrepreneurs that sit next to you in your coworking space. It’s about collaborating with tech gurus, social media wizards and community leaders. It’s the people that make a community an entrepreneurial one, not the location, and it’s up to you to invest your time, your expertise and your capital.”
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