Country comparison
China vs Sweden: startup funding compared
Since 6 June 2025, startups in China raised $28.3B across 64 rounds, 7.7 times Sweden's $3.7B.
Capital raised running total by month
Where the money goes share of capital by sector
China
Sweden
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | China | Sweden |
|---|---|---|
| Industrifonden | · | 7 |
| Qiming Venture Partners | 7 | · |
| Almi Invest | · | 6 |
| IDG Capital | 6 | · |
| Luminar Ventures | · | 6 |
| 5Y Capital | 5 | · |
| Antler | · | 5 |
| Tencent | 4 | 1 |
| Accel | · | 4 |
| Chalmers Ventures | · | 4 |
| Kinnevik | · | 4 |
| LAV | 4 | · |
Startup hubs rounds and capital by city
China
Sweden
Latest rounds
Questions
Which country raised more startup funding, China or Sweden?
China. Since 6 June 2025, startups in China raised $28.3B across 64 rounds, against $3.7B across 91 rounds in Sweden, 7.7 times more. That is 4.0% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in China and Sweden?
64 rounds in China and 91 rounds in Sweden since 6 June 2025, about 4 and 5 a month.
Are startup rounds bigger in China or Sweden?
The median round is $112M in China and $6.3M in Sweden, and the average round $441M and $40.6M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in China?
The biggest startup rounds in China since 6 June 2025 are DeepSeek ($15B, 22 Oct 2026), Moonshot AI ($3.5B, Series F, 30 Jul 2026) and StepFun ($717M, 26 Jan 2026).
What is the biggest startup round in Sweden?
The biggest startup rounds in Sweden since 6 June 2025 are Neko Health ($699M, Series C, 15 Jul 2026), Legora ($550M, Series E, 10 Mar 2026) and Lovable ($400M, Series C, 12 Aug 2026).
Which sectors attract the most startup funding in China and Sweden?
In China, AI ($23.8B, 84% of the capital), Robotics & Hardware ($2.1B, 8%) and Health ($765M, 3%) lead. In Sweden, AI ($2.1B, 57% of the capital), Health ($831M, 22%) and Climate & Energy ($383M, 10%) lead.
Is China or Sweden better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 27% of rounds in China and 55% in Sweden. China recorded 6 Pre-Seed or Seed rounds and Sweden 42 Pre-Seed or Seed rounds, with a median of $41.9M and $2.9M.
How much growth funding (Series B and later) goes to China and Sweden?
Startups in China raised $6.1B in 19 Series B or later rounds, 22% of the country's capital. In Sweden, $2.4B in 9 rounds, 65% of the capital.
Who are the most active startup investors in China?
Qiming Venture Partners (7 rounds, 2 led), IDG Capital (6 rounds, 5 led) and 5Y Capital (5 rounds) are the most active investors in China.
Who are the most active startup investors in Sweden?
Industrifonden (7 rounds, 4 led), Luminar Ventures (6 rounds, 2 led) and Almi Invest (6 rounds) are the most active investors in Sweden.
Which investors back startups in both China and Sweden?
2 investors joined rounds in both countries. The most active: Tencent (4 in China, 1 in Sweden) and Temasek (2 in China, 1 in Sweden).
Which cities lead startup funding in China and Sweden?
Beijing leads China with $6.8B across 19 rounds, ahead of Shanghai ($1.2B). Stockholm leads Sweden with $2.2B across 61 rounds, ahead of Lund ($79.4M).
Which month brought the most startup funding?
In China, October 2026 ($15.5B). In Sweden, July 2026 ($702M).
How much did startups in China and Sweden raise in the last 90 days?
In the 90 days to 9 Nov 2026, startups in China raised $17.3B across 14 rounds and in Sweden $751M across 14 rounds.
Where does this data come from?
FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.