Country comparison
Sweden vs Switzerland: startup funding compared
Since 4 June 2025, startups in Sweden raised $3.7B across 91 rounds, 1.1 times Switzerland's $3.3B.
Capital raised running total by month
Where the money goes share of capital by sector
Sweden
Switzerland
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | Sweden | Switzerland |
|---|---|---|
| Founderful | · | 14 |
| Venture Kick | · | 10 |
| Zürcher Kantonalbank | · | 9 |
| High-Tech Gründerfonds | · | 7 |
| Industrifonden | 7 | · |
| Almi Invest | 6 | · |
| Antler | 5 | 1 |
| Creandum | 2 | 4 |
| Kickfund | · | 6 |
| Luminar Ventures | 6 | · |
| Y Combinator | 4 | 2 |
| Kinnevik | 4 | 1 |
Startup hubs rounds and capital by city
Sweden
Switzerland
Latest rounds
Questions
Which country raised more startup funding, Sweden or Switzerland?
Sweden. Since 4 June 2025, startups in Sweden raised $3.7B across 91 rounds, against $3.3B across 128 rounds in Switzerland, 1.1 times more. That is 0.5% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in Sweden and Switzerland?
91 rounds in Sweden and 128 rounds in Switzerland since 4 June 2025, about 5 and 8 a month.
Are startup rounds bigger in Sweden or Switzerland?
The median round is $6.3M in Sweden and $7.5M in Switzerland, and the average round $40.6M and $25.7M. 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 4 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 Switzerland?
The biggest startup rounds in Switzerland since 4 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 2026).
Which sectors attract the most startup funding in Sweden and Switzerland?
In Sweden, AI ($2.1B, 57% of the capital), Health ($831M, 22%) and Climate & Energy ($383M, 10%) lead. In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead.
Is Sweden or Switzerland better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 55% of rounds in Sweden and 61% in Switzerland. Sweden recorded 42 Pre-Seed or Seed rounds and Switzerland 53 Pre-Seed or Seed rounds, with a median of $2.9M and $4.3M.
How much growth funding (Series B and later) goes to Sweden and Switzerland?
Startups in Sweden raised $2.4B in 9 Series B or later rounds, 65% of the country's capital. In Switzerland, $1.3B in 17 rounds, 40% 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 Switzerland?
Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.
Which investors back startups in both Sweden and Switzerland?
20 investors joined rounds in both countries. The most active: Antler (5 in Sweden, 1 in Switzerland), Y Combinator (4 in Sweden, 2 in Switzerland), Creandum (2 in Sweden, 4 in Switzerland), Kinnevik (4 in Sweden, 1 in Switzerland) and Visionaries Club (3 in Sweden, 1 in Switzerland).
Which cities lead startup funding in Sweden and Switzerland?
Stockholm leads Sweden with $2.2B across 61 rounds, ahead of Lund ($79.4M). Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M).
Which month brought the most startup funding?
In Sweden, July 2026 ($702M). In Switzerland, July 2025 ($459M).
How much did startups in Sweden and Switzerland raise in the last 90 days?
In the 90 days to 29 Oct 2026, startups in Sweden raised $751M across 14 rounds and in Switzerland $682M across 22 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.