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40 Hot Swedish AI Startups


ENGLISH VERSION. There’s talk of a new Swedish AI boom.Companies are being launched at a rapid pace, and Stockholm is emerging as a hub for entrepreneurs in the sector.Di lists some of the most hyped names right now.

LovableBusiness: Enables people with no coding experience to program — known as ”vibe coding.” Founded: 2023 Valuation: Unknown (as of early July 2025, rumors suggest investors are courting the company with proposals valuing it at SEK 17 billion). Most recent known revenue (ARR): USD 1 million (May 2025) Major external owners: Sequoia, Conviction, Pear VC, Arash ”Ash” Pournouri, and Peder Stahle. Alfred Wahlforss and Florian Juengermann, founders of Listen Labs, which recently raised over a quarter of a billion SEK in venture capital, including funding from Klarna backer Sequoia.Foto: Press LightbringerBusiness: Protects intellectual property and handles patent applications using proprietary software and AI.

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