Country comparison
Sweden vs Mexico: startup funding compared
Since 5 June 2025, startups in Sweden raised $3.7B across 91 rounds, 2.8 times Mexico's $1.3B.
Capital raised running total by month
Where the money goes share of capital by sector
Sweden
Mexico
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | Sweden | Mexico |
|---|---|---|
| Industrifonden | 7 | · |
| Almi Invest | 6 | · |
| Luminar Ventures | 6 | · |
| Accel | 4 | 1 |
| Andreessen Horowitz | 3 | 2 |
| Antler | 5 | · |
| General Catalyst | 3 | 2 |
| Chalmers Ventures | 4 | · |
| Kinnevik | 4 | · |
| Navigare Ventures | 4 | · |
| Y Combinator | 4 | · |
| BackingMinds | 3 | · |
Startup hubs rounds and capital by city
Sweden
Mexico
Latest rounds
Questions
Which country raised more startup funding, Sweden or Mexico?
Sweden. Since 5 June 2025, startups in Sweden raised $3.7B across 91 rounds, against $1.3B across 23 rounds in Mexico, 2.8 times more. That is 0.5% and 0.2% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Sweden and Mexico?
91 rounds in Sweden and 23 rounds in Mexico since 5 June 2025, about 5 and 1 a month.
Are startup rounds bigger in Sweden or Mexico?
The median round is $6.3M in Sweden and $13M in Mexico, and the average round $40.6M and $57.3M. The median shows the typical round; the average is pulled up by a few very large ones.
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).
What is the biggest startup round in Mexico?
The biggest startup rounds in Mexico since 5 June 2025 are Plata ($405M, Series C, 17 Apr 2026), Kavak ($300M, Series F, 17 Feb 2026) and Klar ($170M, Series C, 1 Jul 2025).
Which sectors attract the most startup funding in Sweden and Mexico?
In Sweden, AI ($2.1B, 57% of the capital), Health ($831M, 22%) and Climate & Energy ($383M, 10%) lead. In Mexico, Fintech ($596M, 45% of the capital), AI ($263M, 20%) and Health ($35.8M, 3%) lead.
Is Sweden or Mexico better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 55% of rounds in Sweden and 61% in Mexico. Sweden recorded 42 Pre-Seed or Seed rounds and Mexico 6 Pre-Seed or Seed rounds, with a median of $2.9M and $4.8M.
How much growth funding (Series B and later) goes to Sweden and Mexico?
Startups in Sweden raised $2.4B in 9 Series B or later rounds, 65% of the country's capital. In Mexico, $1B in 5 rounds, 79% of the capital.
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.
Who are the most active startup investors in Mexico?
Kaszek (2 rounds, 2 led), Andreessen Horowitz (2 rounds, 1 led) and Monashees (2 rounds, 1 led) are the most active investors in Mexico.
Which investors back startups in both Sweden and Mexico?
3 investors joined rounds in both countries. The most active: Accel (4 in Sweden, 1 in Mexico), Andreessen Horowitz (3 in Sweden, 2 in Mexico) and General Catalyst (3 in Sweden, 2 in Mexico).
Which cities lead startup funding in Sweden and Mexico?
Stockholm leads Sweden with $2.2B across 61 rounds, ahead of Lund ($79.4M). Mexico City leads Mexico with $867M across 12 rounds, ahead of Guadalajara ($7.8M).
Which month brought the most startup funding?
In Sweden, July 2026 ($702M). In Mexico, April 2026 ($405M).
How much did startups in Sweden and Mexico raise in the last 90 days?
In the 90 days to 10 Nov 2026, startups in Sweden raised $351M across 13 rounds and in Mexico $190M across 2 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.