Best Chemicals and Materials Companies in Sweden
The 216 best Chemicals and Materials companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ascatron.
Sweden's Chemicals and Materials sector doesn't get the unicorn headlines, but the 216 companies we're tracking tell a more textured story. Total disclosed funding sits at $19M across the cohort, which is modest, and honestly that's the point: this is a sector still in early capital formation, where a single bet like Ascatron's $7M raise accounts for more than a third of the pool. Epinova Technologies ($4M) and Green14 and The Loop Factory (both at $2M) round out the upper tier, while investors like Almi Invest, Chalmers Ventures, and the EIC Fund keep showing up as the repeat names backing these bets.
So what's actually moving the needle? Coverage is flat, but the hot themes are anything but: urban sustainability, green infrastructure, and sustainable city planning are pulling the sector's direction hard. You can feel it in where the capital clusters. And there's a behavioral signal worth noting too: median install growth across 32 chemicals and building materials apps is running at roughly +18% year-on-year, which suggests end-user demand is outpacing the funding noise. The question isn't whether Sweden's chemicals and materials cohort is interesting. It's whether the capital catches up to the conviction.
Our analysis of 234 Chemicals and Materials companies
$21.9b in tracked funding; 57% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Chemicals and Materials companies in Sweden
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Ascatron Manufacturing of Silicon Carbide (SiC) semiconductors | $7M | 83 mo ago | Acquired | — | 2011 | — | 49 patents SiC power semiconductor wafer and grid manufacturing, including MOSFET and buried grid structures | — |
| 2 | Epinova Technologies Developer of III-V Si wafers for the semiconductor industry | $4M | 47 mo ago | Deadpooled | Kristofer Jansson Co-Founder | 2016 | — | — | — |
| 3 | The Loop Factory Developing and realizing sustainable solutions within materials, products, and technology | $2M | 38 mo ago | Funding Raised | Maria Strom CEO | 2014 | Cart FunctionalitySquarespace CommerceSquarespace+18 | — | — |
| 4 | Green14 Manufacturer & supplier of silicon materials | $2M | 16 mo ago | Seed | Adam Podgorski Co-Founder | 2021 | — | — | — |
| 5 | Vividye Provides color dyes, de-color and re-color for textile sector | $1M | 27 mo ago | Seed | Johanna Karlsson Co-Founder & CEO | 2020 | — | 7 patents Textile dyeing formulations and sacrificial printable surface layer processes for fabric finishing | — |
| 6 | retein Manufacturer of diversified materials | $1M | 38 mo ago | Seed | Simon Isaksson Co-Founder & CEO | 2019 | — | 3 patents Stabilized filtration devices for enhanced membrane-based water or air filtration | — |
| 7 | Excillum Manufacturer of microfocus X-ray tube | $659K | 104 mo ago | Funding Raised | Björn Hansson CTO & deputy CEO | 2007 | WordPressMySQLPHP+31 | 240 patents Patents concentrated in electrical & electronics | 2 launchs |
| 8 | Gemometrics Manufacturer of UV screening tool for gemmologists | $594K | 101 mo ago | Seed | Torbjorn Lindwall Founder & CTO | 2015 | — | — | 3 launchs |
| 9 | Mercene Provider of primers and surface activators for industrial coating to ensure perfect adhesion | $113K | 82 mo ago | Funding Raised | Fredrik Carlborg Co-Founder & CEO | 2012 | — | 27 patents Photolithographic 3D microfabrication and advanced polymer coating/adhesive technologies. | — |
| 10 | SSAB Manufacturer of steel products including sheet, plate, coil, tube, and profiles | — | 1 mo ago | Public | Johnny Sjöström Executive Vice President | 1978 | Cart FunctionalityTurbopackApple iCloud Mail+22 | 323 patents Advanced high‑strength steel production and steel powders for additive manufacturing | 1 launch · 1 expansion · 1 award |
| 11 | BEWI Manufacturer of raw materials for construction and packaging industry | — | 10 mo ago | Public | — | 1980 | WordPressApple iCloud MailMicrosoft 365+30 | — | 1 job opening |
Top 12 Chemicals and Materials companies in Sweden
#1
Seed · Stockholm, Stockholm County · founded 2021$2.1Mraised▾
Manufacturer & supplier of silicon materials
- Feb 2025Seed$2.1M
#2
Seed · Gothenburg, Vastra Gotaland County · founded 2020 · 10 employees$1.4Mraised▾
Provides color dyes, de-color and re-color for textile sector
#3
Funding Raised · Varberg, Halland County · founded 2014 · 13 employees$2.4Mraised▾
The Loop Factory is a company specializing in developing and implementing sustainable solutions in materials, products, and technology. They combine engineering, material science, and design to create innovative circular solutions.
- Mar 2023Grant (prize money)$54.4K
- Apr 2021Grant (prize money)$2.3M
#4
Deadpooled · Lund, Skane County · founded 2016$3.6Mraised▾
Epinova Technologies develops and manufactures III-V Si wafers for the semiconductor industry. The wafers are developed using its proprietary wafer technology allows development of high-mobility semiconductor materials on a traditional Si platform. The wafers are claimed to have multiple features including higher switching speeds, lower power dissipation, integration with Si CMOS devices. The wafers can also be developed using metals or bendable materials.
- Jul 2022Seed$3.6M
#5
Acquired · Stockholm, Stockholm County · founded 2011 · 10 employees$7.3Mraised▾
Ascatron is an independent manufacturer of Silicon Carbide (SiC) material and devices offering the complete fabrication from epitaxy to diced wafers. SiC is used to reduce losses in electrical transformers used in electric vehicles and renewable energy applications. They offer 3DSiC power diode products such as Schottky diodes, PiN diodes & Ascatron 3DSiC. User application includes electric vehicles motor drives, chargers and charge stations. Used as Power supplies with battery back-up (UPS) for data centers. Also used in industries for speed control for motor pumps, fans, and machines.
- Jul 2019Series A$3.9M
- Jan 2017Grant (prize money)$926.3K
- May 2016Grant (prize money)$1.1M
- Sep 2015Series A$3.4M
#6
Seed · Gothenburg, Vastra Gotaland County · founded 2019$1.1Mraised▾
Manufacturer of diversified materials
- Apr 2023Seed$1.1M
#7
Funding Raised · Stockholm, Stockholm County · founded 2007 · 83 employees$658.8Kraised▾
Manufacturer of microfocus X-ray tube
- Oct 2017Grant (prize money)$543.7K
- Sep 2017Grant (prize money)$59K
- Jun 2017Grant (prize money)$56.1K
#8
Seed · Lulea, Norrbotten County · founded 2015 · 7 employees$593.5Kraised▾
Developer of gems identification technology designed to validate gemstones and minerals. The company's technology is a battery-powered, portable device for the identification of precious stones and assessing authenticity to separate natural untreated from synthetic and treated stones, enabling gemmologists to screen diamonds, rubies, and sapphires for synthetics and treatments.
- Dec 2017Conventional Debt—
- Dec 2017Seed$593.5K
#9
Funding Raised · Stockholm, Stockholm County · founded 2012$113Kraised▾
Mercene Labs is an innovation company that specializes in solving adhesion challenges in the furniture and flooring industries. They offer unique primers and surface activators for industrial coating to ensure perfect adhesion.
- Jul 2019Grant (prize money)$55.7K
- Feb 2019Grant (prize money)$57.3K
#10
Public · Stockholm, Stockholm County · founded 1978 · 14632 employees—raised▾
Manufacturer of steel products including sheet, plate, coil, tube, and profiles. The company provides structural, abrasion-resistant, metal-coated, tool, armor, and weathering steels. Tubular products, hollow sections, open sections, tailored sections, and precision tubes are available. Services include product engineering, processing, and technical support.
#11
Public · Solna, Stockholm County · founded 1980 · 149 employees—raised▾
BEWi Group manufactures raw materials for construction and packaging industry. It operates under four divisions, BEWi Insulation (developer of insulations for ground, wall and roofs), BEWi Packaging (provider of customized packaging solutions), BEWi Flamingo (provider of packaging solutions and components), BEWi StyroChem (developer of Expandable Polystyrene for food packaging applications). The products have application in food, construction, and packaging industry.
#12
Seed · Bengtsfors, Vastra Gotaland County · founded 2020—raised▾
Provider of water reducing services for semiconductor industry
Funding & investor landscape
Notable founders
How research on Advanced Materials is moving in Sweden
A read on the academic research around Advanced Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 41 Sweden-affiliated papers.
- KTH Royal Institute of Technology11
- Lund University7
- Linköping University6
- Wallenberg Wood Science Center5
- University of Borås3
- Smart material5
- Nanotechnology3
- Actuator3
- Self-healing hydrogels2
- Biomanufacturing2
- Smart material3→6
- Photonics1
- Nanotechnology1
- Realization (probability)1
- Optical materials1
- Surface modification1
Where advanced materials 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
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.