Country comparison

Singapore vs Sweden: startup funding compared

Since 5 June 2025, startups in Singapore raised $9.2B across 71 rounds, 2.5 times Sweden's $3.7B.

$9.2BCapital raised$3.7B
71Rounds91
$10.5MMedian round$6.3M
1.3%Share of all capital0.5%
52%Early-stage rounds55%

Capital raised running total by month

$9.2B$4.6B Singapore, end of Jun 25: $80MSingapore, end of Jul: $317MSingapore, end of Aug: $353MSingapore, end of Sept: $373MSingapore, end of Oct: $422MSingapore, end of Nov: $478MSingapore, end of Dec: $915MSingapore, end of Jan 26: $3BSingapore, end of Feb: $3BSingapore, end of Mar: $3.3BSingapore, end of Apr: $3.4BSingapore, end of May: $3.4BSingapore, end of Jun: $7.9BSingapore, end of Jul: $8.9BSingapore, end of Aug: $9BSingapore, end of Sept: $9.2BSingapore, end of Oct: $9.2BSingapore, end of Nov: $9.2BSweden, end of Jun 25: $84.8MSweden, end of Jul: $298MSweden, end of Aug: $529MSweden, end of Sept: $601MSweden, end of Oct: $964MSweden, end of Nov: $985MSweden, end of Dec: $1.4BSweden, end of Jan 26: $1.4BSweden, end of Feb: $1.5BSweden, end of Mar: $2.1BSweden, end of Apr: $2.2BSweden, end of May: $2.2BSweden, end of Jun: $2.2BSweden, end of Jul: $2.9BSweden, end of Aug: $3.4BSweden, end of Sept: $3.6BSweden, end of Oct: $3.7BSweden, end of Nov: $3.7B Jun 25SeptDecMarJunSept
SingaporeSweden
Newsletter Startup rounds, in your inbox.

Free. Unsubscribe anytime.

Where the money goes share of capital by sector

Singapore

  • Enterprise software71%$6.5B
  • AI13%$1.2B
  • Fintech6%$550M
  • Web35%$478M
  • Consumer2%$229M
  • Robotics & Hardware2%$143M

Sweden

  • AI57%$2.1B
  • Health22%$831M
  • Climate & Energy10%$383M
  • Fintech4%$164M
  • Other3%$124M
  • Robotics & Hardware2%$62.3M

Biggest rounds

Stage mix share of rounds

SingaporeSweden
30%Pre-Seed and Seed46%
23%Series A9%
8%Series B4%
7%Series C and later5%
32%Other or undisclosed35%

Most active investors rounds joined

InvestorSingaporeSweden
Antler25
Industrifonden·7
Almi Invest·6
Luminar Ventures·6
Accel14
Tin Men Capital5·
Vertex Ventures Southeast Asia & India5·
Chalmers Ventures·4
General Catalyst13
Kinnevik·4
Navigare Ventures·4
Peak XV Partners4·

Startup hubs rounds and capital by city

Singapore

  • Bengaluru1$450K

Sweden

  • Stockholm61$2.2B
  • Lund5$79.4M
  • Nora1$35.3M
  • Gothenburg8$23M
  • Linköping2$11.7M
  • Umea1$8.5M

Latest rounds

Questions

Which country raised more startup funding, Singapore or Sweden?

Singapore. Since 5 June 2025, startups in Singapore raised $9.2B across 71 rounds, against $3.7B across 91 rounds in Sweden, 2.5 times more. That is 1.3% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in Singapore and Sweden?

71 rounds in Singapore and 91 rounds in Sweden since 5 June 2025, about 4 and 5 a month.

Are startup rounds bigger in Singapore or Sweden?

The median round is $10.5M in Singapore and $6.3M in Sweden, and the average round $130M 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 Singapore?

The biggest startup rounds in Singapore since 5 June 2025 are DayOne Data centers ($4.5B, Series C, 5 Jun 2026), DayOne Data Centers ($2B, Series C, 5 Jan 2026) and PixVerse ($439M, 14 Jul 2026).

What is the biggest startup round in Sweden?

The biggest startup rounds in Sweden since 5 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 Singapore and Sweden?

In Singapore, Enterprise software ($6.5B, 71% of the capital), AI ($1.2B, 13%) and Fintech ($550M, 6%) lead. In Sweden, AI ($2.1B, 57% of the capital), Health ($831M, 22%) and Climate & Energy ($383M, 10%) lead.

Is Singapore or Sweden better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 52% of rounds in Singapore and 55% in Sweden. Singapore recorded 21 Pre-Seed or Seed rounds and Sweden 42 Pre-Seed or Seed rounds, with a median of $2.6M and $2.9M.

How much growth funding (Series B and later) goes to Singapore and Sweden?

Startups in Singapore raised $7.4B in 11 Series B or later rounds, 81% of the country's capital. In Sweden, $2.4B in 9 rounds, 65% of the capital.

Who are the most active startup investors in Singapore?

Vertex Ventures Southeast Asia & India (5 rounds, 5 led), Tin Men Capital (5 rounds, 4 led) and Peak XV Partners (4 rounds, 1 led) are the most active investors in Singapore.

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 Singapore and Sweden?

6 investors joined rounds in both countries. The most active: Antler (2 in Singapore, 5 in Sweden), Accel (1 in Singapore, 4 in Sweden), General Catalyst (1 in Singapore, 3 in Sweden), Shift4Good (2 in Singapore, 1 in Sweden) and Lightspeed Venture Partners (2 in Singapore, 1 in Sweden).

Which cities lead startup funding in Singapore and Sweden?

Bengaluru leads Singapore with $450K across 1 round. Stockholm leads Sweden with $2.2B across 61 rounds, ahead of Lund ($79.4M).

Which month brought the most startup funding?

In Singapore, June 2026 ($4.5B). In Sweden, July 2026 ($702M).

How much did startups in Singapore and Sweden raise in the last 90 days?

In the 90 days to 3 Nov 2026, startups in Singapore raised $308M across 13 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.

More comparisons

All country comparisons →