27 New Startups Strengthen the Swedish AI Startup Landscape

The Swedish AI Startup Landscape aims to showcase innovative AI startups nationwide, with the objective of enhancing their visibility and fostering the acceleration of AI innovation across Sweden.

“We are witnessing a truly dynamic and rapidly growing ecosystem. It’s an exciting reflection of Sweden’s expanding role and momentum in AI innovation,” says Michell Hanna, responsible for the project at Ignite Sweden.

The new companies featured in the Swedish AI Startup Landscape are: Algeno, ATO Energy, Blast Bit Enterprises, CADcog, CuraStream AI, EdTools, Filestar, Find My Factory, GreenMetrica, Heartspace.AI, HughGrants, Indicate me, Interspectral, Klicka AI, LEVTEK, Lightbringer, Motorica, Multiply, Normain, NorthernLight Diagnostics, Paniax, Parsd, Phenaros Pharmaceuticals, PryvX, RECILIO, Sanctify Financial Technologies, and Your Speech Factory.

Their applications were evaluated by a committee of 14 AI experts from investors, large companies, academia, and incubators, based on various selection criteria, including their use of AI, scalability, data access and utilization, and the AI expertise of their personnel.

The new startups showcase a broad range of AI applications that underscore Sweden’s dedication to advancing AI across sectors. They offer innovative solutions in diverse areas such as healthcare, energy, manufacturing, sustainability, and cybersecurity.

“Their work not only strengthens Sweden’s standing in the European AI community but also exemplifies the collaborative energy that’s driving AI’s potential to reshape industries and societies alike,” says Michell.

The Swedish AI Startup Landscape is part of the broader European AI Startup Landscape, featuring over 1,000 companies from Sweden, France, Germany and the Netherlands. The initiative is a collaborative effort between appliedAI, Hub France IA, The Netherlands AI Coalition (NL AIC), Ignite Sweden and AI Sweden.

Check out the Swedish startups in the Landscape here.

Check out the Swedish startups within the Swedish and the European AI Startup Landscape here.

Startups interested in applying to be featured in the next update of the landscape can read more on how to submit their application here.

These are the 27 startups added to the Swedish AI Startup Landscape

Algeno: Energy optimization for property owners.

ATO Energy: A dynamic rating system that increases grid capacity without the need for new physical infrastructure.

Blast Bit Enterprises: Spearheading the evolution of interactive experiences.

CADcog: An XR platform for creating inclusive & accessible products.

CuraStream AI: Autogenerate clinical notes with AI-powered documentation.

EdTools: AI Math studying site for high schools.

Filestar: An AI powered file automation tool.

Find My Factory: Connects the digital traces around the world for supplier discovery.

GreenMetrica: Offers AI-powered solutions that bridge the gap between sustainability needs and technology solutions.

Heartspace.AI: AI-driven and expert-powered PR on demand.

HughGrants: AI-tool to minimize grant administration.

Indicate me: Empowering customer service with AI-driven insights.

Interspectral: 3D visualization and smart decision support systems for the manufacturing industry.

Klicka AI: AI models to automate human work on computers.

LEVTEK: Software-defined ultralight vehicles and collaborative robots for transportation of personnel, equipment and small goods.

Lightbringer: Automates the patent process using AI, from inception of idea to granted patent.

Motorica: Generative AI for motion synthesis, making AAA animation possible in minutes.

Multiply: A bespoke, no-code AI platform for teams.

Normain: A knowledge work automator for tasks traditionally done manually by specialists.

NorthernLight Diagnostics: Decision support for healthcare professionals of antidepressant treatment.

Paniax: A pioneering data science research lab.

Parsd: Digital end-to-end research for fact-based insights.

Phenaros Pharmaceuticals: Accelerate drug discovery with AI, phenomics, and automation.

PryvX: A platform that enables data collaboration between telecom operators and banks to combat cybercrime.

RECILIO: AI-power virtual wellbeing platform for organizations.

Sanctify Financial Technologies: AI for reading and analyzing news.

Your Speech Factory: AI agent boosts meeting prep with neuroscience.

The evaluation committee

Agneta Jacobson (AI Sweden)
Daniel Gillblad (AI Sweden)
Erik Borälv (Vinnova)
Ingrid Af Sandeberg (Stockholm AI)
Jakob Engdahl (Statistics Sweden)
Patrik Kägu (Almi)
Raoul Stubbe (Sting)
Rebecka Löthman Rydå (Inventure VC)
Rickard Lönneborg (Codemill)
Stina Lantz (SISP)
Vik Li (Ericsson Ventures)
Vishnu Rajanikanth (Volvo Group)
Petra Dalunde (RISE – Connected Societies)