Best Auto Tech Companies in Sweden
The 269 best Auto Tech companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Einride.
Sweden's Auto Tech sector has attracted $3.9 billion in disclosed funding across 269 tracked companies, and if you want to understand where that capital concentrates, two names do most of the work. Einride has pulled in $652 million, Polestar $550 million, and Voi another $544 million — three companies alone account for roughly half the total pool. That's not a fragmented startup scene. That's a conviction bet on electric and autonomous mobility from investors including Europa, Almi Invest, and the EIC Fund.
The momentum underneath those headline figures is real. Median install growth across automotive and industrial automation apps is running at roughly +22% year-over-year across 552 tracked apps, which tells you user adoption is moving faster than the funding headlines suggest. Hot themes driving new filings are EV powertrain advancements, next-generation EV platforms, and battery technology — I'd argue Sweden is positioned unusually well here given its manufacturing base and regulatory push toward electrification. Two unicorns have already emerged from this cohort. So the question isn't whether Sweden produces serious Auto Tech companies. It's which of the remaining 267 are next.
Our analysis of 223 Auto Tech companies
$72.2b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Auto Tech companies in Sweden
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Einride 🦄 Provider of electric and autonomous freight transportation solutions | $652M | 3 mo ago | 571 | 2016 | Linnea Falck Co-Founder | WebflowSalesforceVimeo+19 | 65 patents Autonomous freight vehicle operation, fleet management, and electric routing systems | 1 partnership |
| 2 | Polestar Manufacturer of electric cars | $550M | 4 mo ago | 2,377 | 1996 | Diana Pralea CEO Office | DrupalApple iCloud MailMicrosoft 365+21 | — | 1 expansion · 1 award |
| 3 | Voi 🦄 App-based platform offering electric kick-scooter rental services | $544M | 27 mo ago | 1,000 | 2018 | Adam Jafer Co-Founder | Apple iCloud MailGoogle WorkspaceRuby+21 | — | — |
| 4 | NEVS Manufacturer of electric autonomous cars | $500M | 99 mo ago | 340 | 2012 | Kai Jiang Founder & CEO | WordPress Block EditorElementorWordPress+22 | — | — |
| 5 | Volta Trucks Developer of electric trucks | $386M | 39 mo ago | 13 | 2019 | Carl Norden Founder | WordPressApple iCloud MailMicrosoft 365+37 | — | — |
| 6 | Veoneer Provider of tech-enabled vision based ADAS and autonomous vehicle solutions | $209M | 63 mo ago | 781 781 → 1,891 (+142%) | 2018 | Nik Endrud CEO | DrupalApple iCloud MailMicrosoft 365+15 | — | 6 job openings · 1 award |
| 7 | Cabonline Online platform to book and pay for taxis | $189M | 108 mo ago | 161 | 2009 | — | SentryApple iCloud MailMicrosoft 365+22 | — | — |
| 8 | Heart Aerospace Developer of electric aircraft for regional air travel and transport | $154M | 28 mo ago | 130 | 2018 | Anders Forslund Co-Founder & CEO | WordPressApple iCloud MailMicrosoft 365+25 | 28 patents Electric aircraft power distribution and thermal management systems for hybrid/electric propulsion | 1 internship |
| 9 | CTEK Provider of Electric vehicle charging solutions | $123M | 57 mo ago | 5 | 1997 | Bengt Wahlqvist Founder | SentryApple iCloud MailMicrosoft 365+31 | — | — |
| 10 | X Shore Manufacturer of electric boats | $113M | 25 mo ago | 110 | 2016 | Konrad Bergstrom Founder & President | StoryblokApple iCloud MailMicrosoft 365+20 | — | — |
| 11 | Candela Manufacturer of hydrofoiling electric boats and ferries for water transport | $94M | 3 mo ago | 400 | 2014 | Gustav Hasselskog Founder & CEO | WordPressApple iCloud MailMicrosoft 365+28 | — | 1 launch |
| 12 | CAKE Manufacturer of electric motorbikes | $74M | 56 mo ago | 182 | 2016 | Nils Ytterborn Co-Founder | Node.jsSalesforceReact+23 | — | — |
| 13 | Tobii Provider of eye-tracking software and hardware | $72M | 116 mo ago | 543 | 2001 | Anand Srivatsa CEO | Cart FunctionalityWooCommerceWordPress+48 | 1,059 patents Eye-tracking hardware/software for gaze detection, head pose, and AR/VR interaction | 1 partnership |
| 14 | Charge Amps Provider of electric vehicle charging products, services, and related accessories | $44M | 50 mo ago | 1 | 2012 | Boel Swartling Co-Founder | WordPressMySQLRedis+31 | 13 patents EV charging connectors and sockets with integrated visual status indicators. | — |
| 15 | Kognic Provider of SaaS-driven software to improve perception performance for autonomous mobility | $40M | 22 mo ago | 101 | 2018 | Daniel Langkilde Co-founder & CEO | HubSpot CMS HubEnvoyAtlassian Statuspage+24 | — | 1 award |
| 16 | Legora Law Provider of electric scooters and bikes for urban transportation solutions | $36M | 23 mo ago | — | — | Max Junestrand Co-Founder & CEO | — | — | — |
| 17 | Greater Than Provider of AI-powered platform for road safety and climate impact | $19M | 44 mo ago | 35 | 2004 | Anders Lindelof Co-Founder | WordPressMySQLPHP+18 | 20 patents Driver performance analytics and safety monitoring for fleet and commercial vehicles | — |
| 18 | Vässla Developer of electric-two wheelers | $17M | 60 mo ago | 31 | 2017 | — | Cart FunctionalityShopifyApple iCloud Mail+32 | — | — |
| 19 | Blinto Online platform providing used multi category vehicles | $11M | 39 mo ago | 40 | 2018 | — | WordPressApple iCloud MailGoogle Workspace+24 | — | — |
| 20 | Phyron Platform offering AI powered ad campaign management software for auto dealers | $11M | 23 mo ago | 28 | 2018 | Per Laredius Sales Director | PrismicApple iCloud MailGoogle Workspace+28 | — | 1 launch |
| 21 | Movimento Vehicle network tools providing OTA software updates for connected cars | $10M | 228 mo ago | 85 | 2003 | — | — | — | — |
| 22 | Radinn Electric wakeboard developer | $7M | 72 mo ago | 75 | 2013 | — | Cart FunctionalitySquarespace CommerceSquarespace+10 | 23 patents Electric personal watercraft propulsion, battery integration, and safety/control systems | — |
| 23 | STILRIDE Manufacturer of electric scooters | $7M | 43 mo ago | 26 | 2019 | — | SanityZohoNode.js+21 | 24 patents Automated robotic sheet‑material processing and control for flexible manufacturing panels | — |
| 24 | Elonroad Road-embedded EV charging infrastructure | $5M | 41 mo ago | 29 | 2014 | Kim Svedmark Co-Founder & CIO | StoryblokNode.jsRadix UI+14 | 86 patents In-road conductive power rails and control systems for dynamic vehicle charging | 2 partnerships |
| 25 | Hövding Air-bag helmets for bikes | $4M | 98 mo ago | 37 | 2005 | — | Cart FunctionalityShopifyTailwind CSS+15 | — | 2 partnerships |
| 26 | Omocom Software suite for the insurance industry | $4M | 73 mo ago | 31 | 2017 | Ola Landstrom CEO | WordPressMySQLPHP+10 | — | 1 partnership |
| 27 | Woshapp Online platform to book car wash service | $4M | 78 mo ago | 24 | 2016 | Mark Owuya Co-Founder & Cto | — | — | — |
| 28 | Uniti Developer of premium electric cars | $4M | 33 mo ago | 15 | 2016 | Lewis Horne Founder & CEO | — | — | — |
| 29 | Smart Eye AI-powered driver monitoring system for vehicles | $4M | 101 mo ago | 274 | 1999 | Martin Krantz Founder & CEO | WordPressMySQLPHP+27 | 62 patents Eye‑tracking and gaze detection systems for driver monitoring and biometric authentication | — |
| 30 | Pelagicore Automotive infotainment platform based on open source software | $3M | 177 mo ago | 12 | 2009 | — | — | — | — |
| 31 | Chassis Autonomy Developer of the fail-operational steering system for autonomous vehicles | $3M | 42 mo ago | 20 | 2021 | — | — | 55 patents Electronic steer‑by‑wire steering assemblies and actuators for automotive chassis control | — |
| 32 | Elforest Technologies Electric drive system for forestry machines | $3M | 191 mo ago | 4 | 2006 | Roger Gustavsson Co-Founder | — | 3 patents Advanced hydraulic powertrain and modular electro‑hydraulic energy generation for vehicles | — |
| 33 | Waybler Electric vehicle charging solution | $2M | 95 mo ago | 24 | 2015 | Kurt Hognelid Co-Founder & CEO | Node.jsThree.jsBootstrap+14 | 13 patents Integrated street curbstones with built‑in EV charging and dynamic power distribution | — |
| 34 | Parkamo App-based platform for parking space booking | $2M | 55 mo ago | 6 | 2017 | — | — | — | — |
| 35 | Ellwee Manufacturer of electric ATVs | $2M | 71 mo ago | 16 | 2015 | Viggo Hansson Co-Founder | — | — | — |
| 36 | Alelion Energy Systems Manufacturer of lithium ion batteries | $2M | 90 mo ago | 45 | 2006 | — | WordPress Block EditorWordPressMySQL+9 | 35 patents Battery management and health monitoring for industrial vehicle and grid storage systems | — |
| 37 | RemotiveLabs Provider of automotive parts designing services | $2M | 24 mo ago | 10 | 2019 | Per Sigurdson Co-Founder & CEO | WordPress Block EditorWordPress Site EditorWordPress+27 | — | 1 partnership |
| 38 | Imagimob Sensor fusion systems for learning movements | $2M | 102 mo ago | 12 | 2013 | Anders Hardebring CEO at Imagimob | PHPUbuntuCaddy+18 | 6 patents AI-driven motion pattern generation from accelerometer and sensor data | 1 launch |
| 39 | Southern Lights Green hydrogen projects assessment solution | $2M | 26 mo ago | 3 | 2022 | Anton Frisk Co-Founder | WordPressMySQLPHP+21 | — | — |
| 40 | Leaseonline Online private leasing | $2M | 120 mo ago | 3 | 2014 | Sverker Andersson Co-Founder & CEO | — | — | — |
| 41 | SL Public transportation information provider & ticket booking platform in Stockholm | $1M | 75 mo ago | 6 | 1995 | — | SkolengoContentfulMariaDB+13 | — | — |
| 42 | Nortical Provider of software solutions to improve battery efficiency | $1M | 67 mo ago | 12 | 2019 | Axel Kullander Co-Founder & CEO | — | — | — |
| 43 | Velove Bikes Cargo bicycle and green cargo transportation vehicles | $1M | 79 mo ago | 82 | 2015 | Johan Erlandsson Co-Founder & CEO | WebflowSentryWistia+19 | — | — |
| 44 | Clean Motion Manufacturer platform focusing on commercial and light vehicles | $1M | 24 mo ago | 6 | 2010 | — | WordPressMySQLPHP+24 | 11 patents Three‑wheel vehicle steering mechanisms and impact‑protective driver compartment designs | 1 expansion |
| 45 | Univrses Computer vision and artificial intelligence software for autonomous driving and smart cities | $700K | 1 mo ago | 57 | 2015 | Ricky Helgesson Founder & Chairman | RubyAnimate.cssTailwind CSS+14 | 10 patents Patents concentrated in electrical & electronics | 2 partnerships |
| 46 | Heap Carsharing App-based P2P self-drive-car-rental platform | $655K | 53 mo ago | 17 | 2010 | Carl Tornstrom Co-Founder & CEO | — | — | — |
| 47 | Detecht App-based platform for crash detection | $400K | 1 mo ago | 18 | 2018 | Niklas Ohlsson Co-Founder & CEO | FirebaseReactHSTS+3 | — | — |
| 48 | Bzzt Electric auto rickshaw hailing app | $218K | 34 mo ago | 54 | 2014 | — | — | — | — |
| 49 | Tickital Peer-to-peer mobile application that enables the renting and leasing of digital tickets for public transport | $159K | 9 mo ago | — | 2020 | Saliou Conteh Founder & CEO | WordPress Block EditorWordPressMySQL+18 | — | — |
Top 12 Auto Tech companies in Sweden
#1
Einride 🦄Series E · Stockholm, Stockholm County · founded 2016 · 571 employees$652.3Mraised▾
Provider of electric and autonomous freight transportation solutions. It integrate smart vehicles, AI-powered logistics software, and charging infrastructure for sustainable road freight operations. It combines autonomous vehicles, electric trucking operations, intelligent charging infrastructure, and AI-powered fleet management software into a unified logistics ecosystem. Its solutions optimize freight movement through real-time data analysis, route management, energy optimization, and operational automation, enabling businesses to reduce emissions, improve efficiency, and transition toward sustainable transportation at scale across global markets.
- Feb 2026Series E$113M
- Oct 2025Series D$100M
- Aug 2023Series C—
- May 2023Grant (prize money)$15M
#2
Public · Torslanda, Vastra Gotaland County · founded 1996 · 2377 employees$550Mraised▾
Manufacturer of electric cars. It develops two models of electric cars Polestar 1, and Polestar 2. They provide product features like Bluetooth connectivity, digital keys, app integration for settings configuration, an in-built infotainment system with google apps, speech recognition technology, rear, and front axle electric motors, and more.
- Feb 2026Post IPO$400M
- Jun 2025Post IPO$200M
- Feb 2024Conventional Debt$950M
- Nov 2022Conventional Debt$1.6B
#3
Acquired · Stockholm, Stockholm County · founded 2014 · 400 employees$94Mraised▾
Manufacturer of hydrofoiling electric boats and ferries for water transport. The company is pioneering the future of waterborne public transport with electric hydrofoil ferries that combine zero emissions, high speed, and exceptional energy efficiency.
- Mar 2026Series D$32M
- Aug 2025Series C$8.1M
- Nov 2024Series C$14M
- Mar 2024Series C$26.7M
#4
Voi 🦄Series D · Stockholm, Stockholm County · founded 2018 · 1000 employees$544.3Mraised▾
App-based platform offering electric kick-scooter rental services. It provides a mobile app that allows users to find and rent electric kick scooters nearby. The users can unlock the kick scooters through a QR code and after riding they can park it at any valid place. The mobile application is available for iOS users.
- Mar 2024Series D$25M
- Mar 2024Conventional Debt—
- Dec 2021Series D$115M
- Aug 2021Series C$45M
#5
Seed · Stockholm, Stockholm County · founded 2015 · 57 employees$700Kraised▾
Computer vision and artificial intelligence software for autonomous driving and smart cities. It is a 3D computer vision and machine learning company that offers real time roads and area monitoring solutions by positioning for AR/VR and uses a smartphone's camera, accelerometer, and gyroscope to track 2D and 3D objects, users, and drone position. It incorporates computer vision technology to track camera movements in drones and recalculates this information to replicate motion in VR. It manages cities, infrastructure, and road assets.
- Apr 2026Seed—
- Aug 2016Seed$700K
- 2015Seed—
#6
Seed · Gothenburg, Vastra Gotaland County · founded 2018 · 18 employees$400Kraised▾
Detecht is an app-based platform for crash detection of motorcyclists. It uses the crash algorithm which automatically detects the accident by the sensor in the mobile phone and automatically makes an emergency call to the users' family or friends. It also offers features like route navigation, driving analytics, etc. The mobile app is available for both Android and iOS devices.
- May 2026Seed$468.3K
- Nov 2019Seed$400K
#7
Series A · Gothenburg, Vastra Gotaland County · founded 2018 · 101 employees$40.3Mraised▾
Provider of SaaS-driven software to improve perception performance for autonomous mobility. It offers a platform to develop and validate a safe perception system to enable autonomous driving that includes annotation tools specialized for automotive sensors, filtering, and tracking of data, and perception analytics that enables their clients to save costs and time.
- Aug 2024Series A$9.5M
- Feb 2022Series A$24M
- Sep 2020Seed$6.8M
#8
Series B · Lidingo, Stockholm County · founded 2016 · 110 employees$113.1Mraised▾
Manufacturer of electric boats The company develops various models of electric boats with features like electric motors, lithium-ion battery capacity, touchscreens, remote keys, and anti-theft solutions.
- Apr 2024Series B$9.1M
- Apr 2023Series B$28.9M
- Apr 2022Series B$50M
- Apr 2021Series A$17.8M
#9
Series B · Gothenburg, Vastra Gotaland County · founded 2018 · 130 employees$154.2Mraised▾
Developer of electric aircraft for regional air travel and transport. The company focuses on creating electric airplanes with zero operational emissions for short routes. It designs aircraft to operate on shorter runways, enabling access to smaller airports. The company aims to reduce door-to-door travel times and total operating costs.
- Feb 2024Series B$107M
- Jun 2023Grant (prize money)$252.5K
- Nov 2022Grant (prize money)$51.8K
- Sep 2022Series A$10M
#10
Funding Raised · Stockholm, Stockholm County$36Mraised▾
Provider of electric scooters and bikes for urban transportation solutions. The company develops electric scooters and bikes designed for use in urban environments. These products enable users to address last mile transportation needs. The company's offerings provide a low carbon transportation alternative.
#11
Series C · Stockholm, Stockholm County · founded 2019 · 13 employees$386Mraised▾
Developer of electric trucks. The company manufactures electric trucks with features like 160-200 kWh battery size, 8,600 kg payload, biodegradable and vegan body construction, low driver cabins, electrified fleets, drivetrains, and more.
- Mar 2023Grant (prize money)$15.9M
- Nov 2022Series C$62.3M
- Feb 2022Series C$260M
- Sep 2021Series B$43.7M
#12
Series B · Stockholm, Stockholm County · founded 2018 · 28 employees$10.8Mraised▾
Platform offering AI powered ad campaign management software for auto dealers. The platform converts data into images and videos for website, online marketplace, and social media. It enables dealers to promote added services such as leasing offers and soft selling points. It offers real-time video updates, video sharing, customer engagement, lead generation, and more. It automates the generation of videos and images for car listings.
- Jul 2024Series B$10.8M
- Jul 2023Series A—
- Aug 2020Seed—
- Mar 2020Grant (prize money)$55.3K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Autonomous Vehicles is moving in Sweden
A read on the academic research around Autonomous Vehicles — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 219 Sweden-affiliated papers.
- Chalmers University of Technology53
- KTH Royal Institute of Technology35
- Volvo19
- Lund University19
- Linköping University15
- Computer vision13
- Human–computer interaction8
- Perception5
- Computer graphics (images)5
- Reinforcement learning4
- Transport engineering1→9
- Automation1→4
- Context (archaeology)7
- Humanities6
- Human–computer interaction4
- Field (mathematics)3
- Transport engineering3
Where autonomous vehicles is researched across Sweden
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.