Country comparison

Sweden vs South Korea: startup funding compared

Since 9 June 2025, startups in Sweden raised $3.7B across 91 rounds, 1.5 times South Korea's $2.5B.

$3.7BCapital raised$2.5B
91Rounds91
$6.3MMedian round$6.8M
0.5%Share of all capital0.4%
55%Early-stage rounds35%

Capital raised running total by month

$3.7B$1.8B Sweden, 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: $3.7BSouth Korea, end of Jun 25: $22MSouth Korea, end of Jul: $194MSouth Korea, end of Aug: $214MSouth Korea, end of Sept: $478MSouth Korea, end of Oct: $478MSouth Korea, end of Nov: $490MSouth Korea, end of Dec: $490MSouth Korea, end of Jan 26: $557MSouth Korea, end of Feb: $692MSouth Korea, end of Mar: $1.3BSouth Korea, end of Apr: $1.6BSouth Korea, end of May: $1.9BSouth Korea, end of Jun: $1.9BSouth Korea, end of Jul: $1.9BSouth Korea, end of Aug: $1.9BSouth Korea, end of Sept: $1.9BSouth Korea, end of Oct: $2.5B Jun 25SeptDecMarJunSept
SwedenSouth Korea
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Where the money goes share of capital by sector

Sweden

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

South Korea

  • AI77%$1.9B
  • Robotics & Hardware8%$207M
  • Health7%$165M
  • Enterprise software4%$109M
  • Climate & Energy1%$37.4M
  • Fintech1%$23.8M

Biggest rounds

Stage mix share of rounds

SwedenSouth Korea
46%Pre-Seed and Seed16%
9%Series A19%
4%Series B16%
5%Series C and later13%
35%Other or undisclosed35%

Most active investors rounds joined

InvestorSwedenSouth Korea
Korea Development Bank·13
Industrifonden7·
KB Investment·7
Almi Invest6·
Crit Ventures·6
Hana Ventures·6
Luminar Ventures6·
Antler5·
D.CAMP·5
Futureplay·5
Accel4·
Bon Angels Venture Partners·4

Startup hubs rounds and capital by city

Sweden

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

South Korea

  • Seoul37$1.6B
  • Yongin1$122M
  • Anyang1$27.3M
  • Daejeon1$13.7M
  • Seongnam2$7.6M

Latest rounds

Questions

Which country raised more startup funding, Sweden or South Korea?

Sweden. Since 9 June 2025, startups in Sweden raised $3.7B across 91 rounds, against $2.5B across 91 rounds in South Korea, 1.5 times more. That is 0.5% and 0.4% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in Sweden and South Korea?

91 rounds in Sweden and 91 rounds in South Korea since 9 June 2025, about 5 and 5 a month.

Are startup rounds bigger in Sweden or South Korea?

The median round is $6.3M in Sweden and $6.8M in South Korea, and the average round $40.6M and $27.6M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in Sweden?

The biggest startup rounds in Sweden since 9 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 South Korea?

The biggest startup rounds in South Korea since 9 June 2025 are FuriosaAI ($620M, 29 Oct 2026), Rebellions ($400M, Growth, 30 Mar 2026) and Rebellions ($250M, Series C, 30 Sept 2025).

Which sectors attract the most startup funding in Sweden and South Korea?

In Sweden, AI ($2.1B, 57% of the capital), Health ($831M, 22%) and Climate & Energy ($383M, 10%) lead. In South Korea, AI ($1.9B, 77% of the capital), Robotics & Hardware ($207M, 8%) and Health ($165M, 7%) lead.

Is Sweden or South Korea better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 55% of rounds in Sweden and 35% in South Korea. Sweden recorded 42 Pre-Seed or Seed rounds and South Korea 15 Pre-Seed or Seed rounds, with a median of $2.9M and $1.5M.

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

Startups in Sweden raised $2.4B in 9 Series B or later rounds, 65% of the country's capital. In South Korea, $901M in 27 rounds, 36% 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 South Korea?

Korea Development Bank (13 rounds, 5 led), KB Investment (7 rounds, 2 led) and Crit Ventures (6 rounds, 4 led) are the most active investors in South Korea.

Which investors back startups in both Sweden and South Korea?

2 investors joined rounds in both countries. The most active: Altos Ventures (1 in Sweden, 1 in South Korea) and Salesforce Ventures (1 in Sweden, 1 in South Korea).

Which cities lead startup funding in Sweden and South Korea?

Stockholm leads Sweden with $2.2B across 61 rounds, ahead of Lund ($79.4M). Seoul leads South Korea with $1.6B across 37 rounds, ahead of Yongin ($122M).

Which month brought the most startup funding?

In Sweden, July 2026 ($702M). In South Korea, October 2026 ($620M).

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

In the 90 days to 29 Oct 2026, startups in Sweden raised $751M across 14 rounds and in South Korea $636M 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.

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