Top 24 Green Energy startups in Sweden

Updated: February 08, 2024

1
Funding: $13.8B
Northvolt manufactures Li-ion battery cells for electric vehicles.
2
Funding: $515.6M
VOI Technology owns, operates, and manages electric scooters for urban commuters in Stockholm.
3
Funding: $248.3M
Aira operates as a clean energy-tech company driving the clean energy revolution with air source heat pumps.
4
Funding: $224.2M
Exeger Sweden AB develops flexible solar cells for self-powered gadgets
5
Funding: $181.2M
Tibber provides energy consumer services and learns to buy, save, and control electricity for homes. Stockholm wants to replace the original power company with an app to help you reduce your own electricity bill.
6
Funding: $147.2M
Heart Aerospace is a Swedish startup making electric regional airplanes.
7
Funding: $104M
X Shore is the evolution of an industry that has remained steadfast in its traditions, for better or for worse.
8
Funding: $63.3M
Minesto develops a revolutionary concept for generating electricity from the ocean that unlocks a so far untapped renewable energy resource.
9
Funding: SEK460M
Qvantum is a comprehensive supplier of innovative and efficient electric heat-pumps.
10
Funding: €35M
SunRoof is a start-up developing fully solar 2-in-1 roofs and facades as well as solutions to support smart energy management.
11
Funding: €28.3M
ClimateView is a climate action technology company that combines scientific modelling, machine learning and interface design to help cities understand and act on the complex climate challenge, clearly.
12
Funding: €24M
Candela Speed Boat is a Sweden's electric boat startup
13
Funding: $22.4M
The Eliq customer engagement platform and apps brings utilities all over the world closer to their customers. End-customers gain total control of their consumption resulting in 10x engagement, reduced churn, cost-to-serve and increased in-app upselling.
14
Funding: $19.4M
Modvion develops modular wind power towers in composite materials.
15
Funding: $17.4M
Azelio is a privately held Swedish high-tech SME specialized in Stirling engine-based renewable energy systems that produce renewable electricity in a very cost competitive way, through highly efficient and multi-hour energy storage.
16
Funding: $7.6M
Greenely is the smart digital energy company that helps to reduce energy consumption and save money.
17
Funding: €7M
Cloover partners with renewable energy professionals to simplify and finance sustainable home upgrades, offering embedded financing options for technologies like solar panels, battery storage, heat pumps, and EV charging systems.
18
Funding: €3.2M
Dryft takes care of the whole energy home renovation process for consumers with the relevant workers on hand in one place, and offers anything from small changes to building new energy-efficient kitchens and bathrooms.
19
Funding: SEK22M
Elonroad is a hightech electric road concept. It auto charges all types of electric vehicles when parked as well as when driving. Electric roads extend driving range and reduce the need of large and heavy batteries.
20
Funding: $998.4K
Liquid Wind converts carbon dioxide (CO2) and wind energy to liquid fuel.
21
Funding: SEK59M
AlixLabs has developed a new, innovative method for manufacturing semiconductor components with a high degree of packing, eliminating several steps in the semiconductor manufacturing process
22
Funding: $120K
Eneryield develops ML-based solutions to predict incipient faults and failures in assets of electric power systems, assess grid health, minimize energy losses due to Power Quality problems
23
Ecoist designs, builds and sells environmentally friendly and very efficient electric cars.
24
Comoab develops continuous motion engine to improve energy efficiency and reduce pollution