Best Energy Tech Companies in Sweden
The 330 best Energy Tech companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Northvolt.
Sweden's Energy Tech sector has quietly become one of Europe's most capitalized clean-tech ecosystems, and this directory ranks the best Energy Tech companies in Sweden by disclosed equity funding and recent funding momentum across 330 tracked companies. Total disclosed funding sits at $13.8 billion. Four unicorns. That's not a rounding error.
The numbers tell you where the conviction is. Einride has pulled $652 million in disclosed funding, Polestar $550 million, and Aira $159 million, figures that reflect real investor commitment to EV powertrains, next-generation platforms, and electrified heat. I'd note the momentum at the app layer reinforces this: median install growth across energy production apps is running at roughly +28% YoY, a signal that demand isn't just institutional. The sector's CAGR is tracking around 7.1%, driven by rising global energy demand and the shift away from paper-based operational records toward digital production management. Hot themes right now include EV battery technology and solar electricity generation, and emerging green energy technologies are drawing fresh capital at pace. Active backers here include Almi Invest, EIT InnoEnergy, and the Swedish Energy Agency, which means regulatory tailwinds are baked into the funding infrastructure, not bolted on after the fact.
- prnewswire.com
Our analysis of 287 Energy Tech companies
$109.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy Tech companies in Sweden
| # | Company | Disclosed funding | Last round | Employees | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Northvolt 🦄 Manufacturer of lithium-ion batteries for electric vehicles | $9.0B | 27 mo ago | 5,000 | DatoCMSApple iCloud MailMicrosoft 365+14 | 107 signals ▼33% Acquisition · Hiring · Funding | 581 patents Patents concentrated in chemistry & materials | — |
| 2 | Einride 🦄 Provider of electric and autonomous freight transportation solutions | $652M | 3 mo ago | 571 | WebflowSalesforceVimeo+19 | 23 signals ▲2200% Funding · IPO · M&A | 65 patents Autonomous freight vehicle operation, fleet management, and electric routing systems | 1 partnership |
| 3 | Polestar Manufacturer of electric cars | $550M | 4 mo ago | 2,377 | DrupalApple iCloud MailMicrosoft 365+21 | — | — | 1 expansion · 1 award |
| 4 | Voi 🦄 App-based platform offering electric kick-scooter rental services | $544M | 27 mo ago | 1,000 | Apple iCloud MailGoogle WorkspaceRuby+21 | — | — | — |
| 5 | NEVS Manufacturer of electric autonomous cars | $500M | 99 mo ago | 340 | WordPress Block EditorElementorWordPress+22 | — | — | — |
| 6 | Volta Trucks Developer of electric trucks | $386M | 39 mo ago | 13 | WordPressApple iCloud MailMicrosoft 365+37 | — | — | — |
| 7 | Polarium 🦄 Developer of battery management systems and energy storage hardware solutions | $274M | 20 mo ago | 550 | WordPressApple iCloud MailMicrosoft 365+32 | — | — | 1 partnership |
| 8 | Tibber Provider of a digital platform for electricity consumption management and insights | $177M | 51 mo ago | 61 | Apple iCloud MailGoogle WorkspaceBootstrap+21 | — | — | 1 job opening · 5 partnerships |
| 9 | Aira Provider of heat pumps solution for energy efficiency | $159M | 10 mo ago | — | Apple iCloud MailMicrosoft 365Node.js+20 | — | — | 1 launch · 1 partnership · 1 award |
| 10 | Heart Aerospace Developer of electric aircraft for regional air travel and transport | $154M | 28 mo ago | 130 | WordPressApple iCloud MailMicrosoft 365+25 | — | 28 patents Electric aircraft power distribution and thermal management systems for hybrid/electric propulsion | 1 internship |
| 11 | CTEK Provider of Electric vehicle charging solutions | $123M | 57 mo ago | 5 | SentryApple iCloud MailMicrosoft 365+31 | — | — | — |
| 12 | X Shore Manufacturer of electric boats | $113M | 25 mo ago | 110 | StoryblokApple iCloud MailMicrosoft 365+20 | — | — | — |
| 13 | Flower Provider of energy storage solutions | $109M | 19 mo ago | — | WordPressApple iCloud MailGoogle Workspace+18 | — | — | — |
| 14 | Svea Solar Provider of app-based solar battery storage and energy consumption monitoring solutions | $107M | 48 mo ago | — | Apple iCloud MailMicrosoft 365Ruby+28 | — | — | 1 partnership |
| 15 | Candela Manufacturer of hydrofoiling electric boats and ferries for water transport | $94M | 3 mo ago | 400 | WordPressApple iCloud MailMicrosoft 365+28 | — | — | 1 launch |
| 16 | CorPower Ocean Wave energy converter solutions provider | $76M | 0 mo ago | 69 | WordPressMySQLPHP+15 | 3 signals Funding · Contracts | 21 patents Vibrating pile wave-energy converters and associated power‑electronics transformation systems | 1 job opening |
| 17 | CAKE Manufacturer of electric motorbikes | $74M | 56 mo ago | 182 | Node.jsSalesforceReact+23 | — | — | — |
| 18 | Sol Voltaics Developer of solar films made up of GaAs nanowires | $51M | 94 mo ago | 55 | WordPress Block EditorWordPressMySQL+34 | — | 70 patents Nanowire transfer and alignment technologies for advanced photovoltaic solar cells | — |
| 19 | Exeger Manufacturer of solar cells | $45M | 6 mo ago | 160 | WordPressMySQLPHP+23 | — | — | — |
| 20 | Charge Amps Provider of electric vehicle charging products, services, and related accessories | $44M | 50 mo ago | 1 | WordPressMySQLRedis+31 | — | 13 patents EV charging connectors and sockets with integrated visual status indicators. | — |
| 21 | SunRoof Manufacturer of solar roof tiles or building integrated photovoltaic tiles | $39M | 40 mo ago | 132 | WordPressMySQLPHP+28 | — | — | 2 partnerships |
| 22 | Echandia Manufacturer of maritime battery systems engineered for heavy-duty vessel applications | $36M | 15 mo ago | 30 | WordPressMySQLPHP+23 | 3 signals ▲50% Contracts · Announcements | — | 4 launchs |
| 23 | Legora Law Provider of electric scooters and bikes for urban transportation solutions | $36M | 23 mo ago | — | — | — | — | — |
| 24 | Minut Developer of security sensor for residential buildings | $31M | 30 mo ago | 46 | WebflowApple iCloud MailGoogle Workspace+20 | — | 12 patents Sensor replacement and audio event detection for IoT and communication networks | 2 launchs · 2 partnerships |
| 25 | Altris Developer of sodium-ion battery technology for sustainable energy solutions | $27M | 7 mo ago | 28 | WebflowGSAPMicrosoft Advertising+12 | — | 64 patents Sodium‑potassium ion battery manufacturing and Prussian white cathode materials | 1 launch · 1 partnership |
| 26 | Eliq Provider of energy monitoring solution | $21M | 30 mo ago | 53 | WordPressMySQLPHP+18 | — | — | — |
| 27 | Epishine Developer and provider of solar modules | $19M | 8 mo ago | 52 | HubSpot CMS HubApple iCloud MailMicrosoft 365+18 | — | 40 patents Advanced laminated photovoltaic modules and manufacturing processes for high-efficiency solar panels | — |
| 28 | Greenely Provider of an application that connects and optimizes home energy consumption | $16M | 22 mo ago | — | WebflowSentryAmazon Web Services+15 | — | — | 1 partnership |
| 29 | Meva Energy Provider of solutions for energy generation from gasification of biofuel | $13M | 7 mo ago | 43 | WordPress Block EditorWordPressMySQL+18 | — | 26 patents Tar‑laden gas stream purification and biochar cleaning for biomass gasification processes | 1 expansion |
| 30 | Fever Energy Provider of a virtual power plant platform | $12M | 28 mo ago | 8 | TurbopackNode.jsHeadless UI+20 | — | — | — |
| 31 | Midsummer Manufacturer of thin, light, and flexible solar panels for various roofs | $12M | 14 mo ago | 96 | WordPressMySQLPHP+42 | — | 12 patents CIGS thin‑film solar cell manufacturing and recycling of copper‑indium‑gallium‑selenide materials | 1 partnership |
| 32 | Modvion Provider of modular wind towers using composite materials | $12M | 40 mo ago | 47 | WordPressMySQLPHP+22 | — | 58 patents Manufacturing laminated wood composite rotor blades and wind turbine tower components. | 1 award |
| 33 | ZeroPoint Technologies Provider of energy consumption management system | $12M | 24 mo ago | 21 | Node.jsVimeoTailwind CSS+17 | — | — | — |
| 34 | Plexigrid Provider of software solutions for efficient management of electricity distribution networks | $12M | 27 mo ago | 28 | WordPressMySQLPHP+31 | — | — | 1 expansion |
| 35 | TRINE Crowd funding company for solar projects | $9M | 25 mo ago | 27 | Node.jsAzure Front DoorReact+9 | — | — | 2 job openings |
| 36 | Myrspoven Provider of AI-driven energy optimization solutions for commercial buildings | $6M | 28 mo ago | 47 | WordPressMySQLPHP+22 | — | — | 1 launch |
| 37 | Blixt Developer of programmable power infrastructure for electrical distribution systems | $5M | 26 mo ago | 8 | Cart FunctionalityWordPressMySQL+30 | — | — | 1 partnership |
| 38 | DREM Installer of air-water, air-air, exhaust air, and geothermal heat pumps | $5M | 19 mo ago | 16 | TypeScriptGraphQLGoogle Maps+19 | — | — | — |
| 39 | Plagazi Developer of technology converting non-recyclable waste into circular hydrogen | $5M | 12 mo ago | 21 | — | — | 37 patents Sustainable fuel synthesis and waste-to-chemical resource recovery technologies. | — |
| 40 | Uniti Developer of premium electric cars | $4M | 33 mo ago | 15 | — | 6 signals ▲50% Leadership · M&A · Acquisition | — | — |
| 41 | Arkion AI-powered asset analytics solution for power grid | $4M | 23 mo ago | — | WebflowSalesforceAmazon Web Services+18 | — | — | — |
| 42 | Qurrent Provider of energy solutions for energy grid and their utility | $4M | 11 mo ago | — | WebflowUnpkgcdnjs+5 | — | — | 1 launch |
| 43 | Avidicare Provider of ventilation systems designed for infection control in healthcare | $3M | 12 mo ago | — | WordPress Block EditorWordPressMySQL+20 | — | 23 patents Cleanroom and medical air supply/ventilation system design and control | — |
| 44 | Minesto Developer of subsea kite systems designed to generate electricity from tides | $2M | 28 mo ago | 59 | WordPressMySQLPHP+19 | 11 signals ▲120% Announcements · Funding · Leadership | 142 patents Patents concentrated in mechanical & energy engineering | 1 award |
| 45 | Enerpoly Manufacturer of zinc-ion batteries | $2M | 30 mo ago | 12 | RubyAnimate.cssVarnish+16 | — | 10 patents Patents concentrated in electrical & electronics | — |
| 46 | Southern Lights Green hydrogen projects assessment solution | $2M | 26 mo ago | 3 | WordPressMySQLPHP+21 | — | — | — |
| 47 | Fifty Energy Provider of an AI platform for energy and capacity optimization | $2M | 9 mo ago | — | — | — | — | — |
| 48 | Clean Motion Manufacturer platform focusing on commercial and light vehicles | $1M | 24 mo ago | 6 | WordPressMySQLPHP+24 | — | 11 patents Three‑wheel vehicle steering mechanisms and impact‑protective driver compartment designs | 1 expansion |
| 49 | Enjay Produces energy from waste gas of restaurant ventilation | $935K | 9 mo ago | 19 | — | — | 28 patents Battery-powered and self-cleaning ventilation system components for HVAC applications | — |
| 50 | NODA SaaS-driven energy management solution for commercial spaces | $188K | 12 mo ago | 11 | — | — | — | — |
Top 12 Energy 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
Series B · Stockholm, Stockholm County · founded 2009 · 69 employees$75.7Mraised▾
Wave energy converter solutions provider. It has developed a point absorber with a heaving buoy on the surface which absorbs energy from the combined surge and heavy motion of the waves.
- Jul 2025Series B—
- Feb 2025Grant (prize money)$2.6M
- Feb 2025Series B$15.7M
- Oct 2024Series B$35M
#4
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
#5
Series B · Stockholm, Stockholm County · founded 2009 · 160 employees$45.1Mraised▾
Manufacturer of solar cells. It offers a proprietary material that improves the performance of the cell. It also uses technology which uses light-sensitive dye to collect energy like photosynthesis.
- Dec 2025Grant (prize money)$13.8M
- Apr 2025Series B$15.1M
- Mar 2023Series B—
- May 2021Conventional Debt$20M
#6
Series C · Stockholm, Stockholm County · founded 2022$158.8Mraised▾
Provider of heat pumps solution for energy efficiency. It offers air-source heat pumps for residential heating. It delivers innovative and affordable clean energy-tech solutions to accelerate the electrification of residential heating.
- Aug 2025Series C$174.6M
- Jun 2024Conventional Debt$217.3M
- Jan 2024Series B$158.8M
#7
Acquired · Stockholm · 5000 employees$9Braised▾
Manufacturer of lithium-ion batteries for electric vehicles. It provides solutions for new production technologies to deliver low-cost lithium-ion batteries to be used in electric and off-highway vehicles. It provides custom cells optimized for a particular application, battery system, and more.
#8
Series B · Uppsala, Uppsala County · founded 2017 · 28 employees$27.2Mraised▾
Developer of sodium-ion battery technology for sustainable energy solutions. The company provides sodium-ion cathodes, electrolytes, cell designs, and factory blueprints. It offers commercial battery cells for niche applications. The company’s patented cathode manufacturing process ensures continuous output of high-quality material.
#9
Series A · Linkoping, ostergotland County · founded 2016 · 52 employees$19.4Mraised▾
Developer and provider of solar modules. The solar cells produced can be printed on recyclable plastic. It offers a tool that converts indoor light into a power source. The solar cells can be integrated into devices and applications, in sectors such as retail, smart buildings, and consumer electronics.
- Oct 2025Grant (prize money)$3.5M
- Jul 2023Series A$5.5M
- Sep 2022Grant (prize money)$2.4M
- Jul 2021Grant (prize money)$59.4K
#10
Series A · Gothenburg, Vastra Gotaland County · founded 2008 · 43 employees$13Mraised▾
Provider of solutions for energy generation from gasification of biofuel. It provides a technology solution for the conversion of solid biomass to heat and power. The process includes a fuel handling system, a cyclone gasifier, a gas cleaning system based on bio-oil scrubbing, a wet electric precipitator, and a gas engine with a generator.
- Oct 2025Venture Debt$46.4M
- Aug 2023Series A$9.8M
- May 2017Seed$3.2M
#11
Polarium 🦄Series D · Stockholm, Stockholm County · founded 2015 · 550 employees$273.6Mraised▾
Developer of battery management systems and energy storage hardware solutions. These products facilitate energy storage for residential, commercial, industrial, and telecommunications applications. The hardware integrates with software to manage power availability, optimize energy consumption, and support grid stability. The systems enable users to store energy for reserve power, reduce costs through peak shaving, and participate in energy markets. The technology supports the integration of renewable energy sources by providing scalable storage capacity for various infrastructure requirements.
#12
Series A · Stockholm, Stockholm County · founded 2020$108.6Mraised▾
Provider of energy storage solutions. They offer wide range of solutions such as virtual power plant,grid balancing services,renewable energy integration and AI driven energy optimization solutions. They offer an AI powered platform to stabilizing the energy system by enhancing predictability and flexibility.
- Nov 2024Series A$21.7M
- Aug 2024Series A$27.5M
- 2024Conventional Debt$44.1M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in Sweden
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 409 Sweden-affiliated papers.
- Chalmers University of Technology94
- KTH Royal Institute of Technology91
- Uppsala University52
- Lund University30
- Luleå University of Technology22
- Battery (electricity)1→30
- Supercapacitor3→17
- Renewable energy1→13
- Capacitance2→12
- Anode1→10
- Renewable energy1→44
- Battery (electricity)2→43
- Automotive engineering1→17
- Electrode1→17
- Flexibility (engineering)1→13
- Battery (electricity)20
- Nanotechnology9
- Electrolyte7
- Flexibility (engineering)7
- Supercapacitor7
Where energy storage 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.