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Most funded startups in the Nordic countries 2016

This statistics ranks the most funded startup companies in the Nordic countries in 2016, by funds raised. The largest amount of funds, nearly 30 million U.S. dollars, in 2016 were raised by a Swedish nanotechnology-focused startup company called Sol Voltaics. The next most funded Nordic startup was the electric propulsion system developer Visedo with a funding of 20.9 million U.S. dollars. The ranking continued with from Norway and the Danish startup The total startup funding in the Nordic countries was 875 million U.S. dollars in 2016. Out of that amount, each individual country accounted for their respective amount of fundings.

Most funded startup companies in the Nordic countries* in 2016, by funds raised

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Release date

January 2017


Denmark, Finland, Norway, Sweden

Survey time period


Supplementary notes

* Based on the location of headquarters. The surveyed Nordic countries include Iceland.

Country abbreviations:
DNK = Denmark
FIN= Finland
NOR = Norway
SWE = Sweden

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