Best IoT Applications Companies in Sweden
The 76 best IoT Applications companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Minut.
Ranked: Best IoT Applications companies in Sweden
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Minut Developer of security sensor for residential buildings | $31M | 30 mo ago | 46 | — | WebflowApple iCloud MailGoogle Workspace+20 | Top 1M | 12 patents Sensor virtualization and audio event classification for IoT and communication devices | 2 launchs · 2 partnerships |
| 2 | Greenely Provider of an application that connects and optimizes home energy consumption | $16M | 22 mo ago | — | Fredrik Hagblom Co-Founder & Head Of Operations | WebflowSentryAmazon Web Services+15 | Top 5M | — | 1 partnership |
| 3 | Nectarine Health App and wristband for AI-led remote health monitoring | $7M | 105 mo ago | 40 | Alexander Asseily Founder & CEO | — | — | 50 patents Patents concentrated in health & consumer products | — |
| 4 | Greenbyte Renewable energy generation monitoring solution provider | $6M | 98 mo ago | 91 | Julieann Rainville CEO | — | — | — | — |
| 5 | SenseNode Cloud-based Industrial energy management system with wireless sensors | $2M | 44 mo ago | 20 | Erik Andersson CEO | WordPressMySQLPHP+26 | Top 50M | — | — |
| 6 | Aqua Robur Technologies Provider of IoT-based solutions for water networks | $816K | 60 mo ago | 21 | Niklas Wicen Co-Founder & CEO | BreakdanceWordPressMySQL+11 | Top 50M | 23 patents Water flow energy harvesting devices and combined sewer overflow sensing systems | — |
| 7 | CombiQ Cloud-based IoT sensor solutions for industrial monitoring | $778K | 85 mo ago | 8 | Kenneth Johansson CEO | — | — | — | 1 partnership |
| 8 | Telcred Provides NFC based access control | $727K | 133 mo ago | 6 | Carlo Pompili CEO | — | — | 4 patents Physical access control hardware and management systems for secure entry | — |
| 9 | Metry SaaS-driven platform to collect meter data from utilities | $703K | 48 mo ago | 49 | Magnus Luttkens Co-Founder & CEO | — | — | — | — |
| 10 | H&D Wireless Nordic company providing solutions in the areas of IoT and RTLS | $661K | 89 mo ago | 32 | Par Bergsten Founder & CEO | WordPressMySQLPHP+19 | Top 10M | 8 patents Injectable biomaterials and delivery systems for joint therapeutic treatment | — |
| 11 | IRRIOT Provider of IoT platform providing smart irrigation solutions | $593K | 52 mo ago | 7 | Johan Wendt Co-Founder | WordPressMySQLPHP+25 | Top 50M | — | — |
| 12 | Egain Energy monitoring platform provider | $506K | 68 mo ago | — | Thorbjorn Geiser Founder | — | — | — | — |
| 13 | Enersize Compressed air efficiency management solutions for industries and plants | $434K | 111 mo ago | 3 | Johan Olson CEO | HubSpot CMS HubAmazon Web Servicescore-js+13 | Top 10M | — | — |
| 14 | Parakey Provider of a connected access control platform | $371K | 122 mo ago | 31 | — | Webflow EcommerceCart FunctionalityWebflow+22 | Top 5M | — | — |
| 15 | ShopJoy Proximity marketing platform | $348K | 124 mo ago | — | Pär Bäck Co-Founder | — | — | — | — |
| 16 | TempOnline Provider of IoT-powered temperature controllers for food businesses | $244K | 65 mo ago | 3 | Jens Jensen CEO | — | — | — | — |
| 17 | Invotech IoT-based integrated solutions for asset tracking | $231K | 90 mo ago | 6 | Stay Solang CEO | — | — | — | — |
| 18 | Magnea Cloud-based analytics software and AI based wearable sensor system to monitor and track patient activity | $231K | 123 mo ago | 4 | Johan Hedeva Co-Founder & CEO | — | — | — | — |
| 19 | CargoBeacon IoT-based asset management solutions | $191K | 78 mo ago | 4 | Olov Hisved CEO | Cart FunctionalitySanityNode.js+14 | Top 50M | — | — |
| 20 | NODA SaaS-driven energy management solution for commercial spaces | $188K | 12 mo ago | 11 | Tatiana Brandt Chief Executive Officer | — | — | — | — |
| 21 | Agricam Real time livestock health monitoring hardware and software solutions | $61K | 76 mo ago | 28 | Ellinor Eineren Founder & CEO | HubSpot CMS HubSplideGlide.js+14 | Top 50M | 36 patents Precision livestock monitoring and health analytics using imaging and microbial detection sensors | — |
Top 12 IoT Applications companies in Sweden
#1
Series A · Stockholm, Stockholm County · founded 2014$15.8Mraised▾
Provider of an application that connects and optimizes home energy consumption. The application enables users to monitor electricity usage in real-time and control connected devices. It also allows users to sell surplus energy back to the grid. The application aims to help households reduce energy costs and promote sustainable energy practices.
- Jul 2024Series A$8.7M
- Oct 2023Seed—
- Jun 2022Seed$2.1M
- Jul 2021Seed$2.2M
#2
Series B · Malmo, Skane County · founded 2014 · 46 employees$30.7Mraised▾
Developer of security sensors for residential buildings. It can detect motion, glass break, temperature, humidity, mould, light, and noise. It can also recognize other alarms, and notify users when the existing smoke or CO detector goes off. Additionally, it comes with tamper protection and a built-in siren, for scaring away intruders. Point connects to phone over Wi-Fi or Bluetooth and can interface with Google Assistant or another IFTTT compatible smart home device.
- Dec 2023Series B$5M
- Mar 2022Series B$14M
- Apr 2019Series A$8M
- Feb 2019Grant (prize money)$56.9K
#3
Acquired · Karlshamn, Blekinge County · founded 2005 · 11 employees$188.2Kraised▾
SaaS-driven energy management solution for commercial spaces. Their intelligent energy systems can handle big data from a range of customers to optimize the peak load for district heating. For buildings, using real-time data from different building sources, such as indoor temperature and current energy usage.
- 2025Seed—
- Sep 2023Grant (prize money)$219.2K
- Jun 2021Grant (prize money)$27.7K
- Jun 2021Seed$247K
#4
Series A · Lund, Skane County · founded 2013 · 20 employees$1.5Mraised▾
Cloud-based Industrial energy management system with wireless sensors. Their trademarked Smart Energy Tracking Technology (SEEN) is installed in combination with wireless sensors to get energy consumption right down to the detailed level. The technology involves Z-Wave wireless which eliminates the need for complex installation and unnecessary wiring. It offers data monitoring via cloud services that can be easily accessed through mobile applications and web services.
- Oct 2022Series A—
- Jun 2015Seed$1.5M
#5
Acquired · Stockholm, Stockholm County · founded 2004 · 40 employees$7.5Mraised▾
Nectarine has developed a smart wristband which is used to remotely monitor the health of users. The wristband tracks the data of the user and is recorded by the app. The app uses artificial intelligence to analyze the data to detect the patterns and provide real-time alerts. The data is shared with the healthcare providers to review and monitor the health. It has been developed to assist senior living and independent living facilities.
- Sep 2017Series A$6.1M
- Sep 2016Seed$1.4M
- Sep 2015Seed—
#6
Acquired · Gothenburg, Vastra Gotaland County · founded 2010 · 91 employees$6.2Mraised▾
Greenbyte is a developer of renewable energy management software. Provides solutions for renewable energy owners, operators, and asset managers. Enable users to monitor, analyze, and control renewable energy portfolios. Features include aggregation of data (power pricing and weather forecasts), advanced performance monitoring, AI-based predictive analytics, analyzing performance issues, data visualization, and others.
- Apr 2018Series A$6.2M
- Dec 2016Series A—
#7
Acqui-Hired · Gothenburg, Vastra Gotaland County · founded 2012 · 49 employees$703.2Kraised▾
SaaS-driven platform to collect meter data from utilities. The platform collects the data from utility meters, and private meters and provides an overview of energy consumption through an app or platform.
- Jun 2022Series A—
- Oct 2017Grant (prize money)$213.5K
- Jan 2017Grant (prize money)$207.3K
- Sep 2016Seed$703.2K
#8
Seed · Gothenburg, Vastra Gotaland County · founded 2014 · 21 employees$816.4Kraised▾
Provider of IoT-based solutions for water networks. It helps users to collect data from all parts of the water network so that users can take better decisions and fix problems. The company is offering Fenix Hub 150 - a sensor node to collect data. It provides solutions for water distribution, groundwater, sewers, and others.
- Jun 2021Seed—
- Feb 2019Grant (prize money)$2.3M
- May 2018Seed$816.4K
- Mar 2016Grant (prize money)—
#9
Seed · Djursholm, Stockholm County · founded 2017 · 7 employees$592.5Kraised▾
Provider of IoT platform providing smart irrigation solutions. Enables users to manage the dimensioning of water supply to the intended zone for optimal soil conditions. It offers a wireless irrigation controller, wireless valve control station, and cloud-based control & monitoring solutions.
- Jan 2022Seed$592.5K
#10
Series A · Jonkoping, Jonkoping County · founded 2008 · 8 employees$777.9Kraised▾
Cloud-based IoT sensor solutions for industrial monitoring. It offers features such as preventive maintenance, monitoring the status of machines, data storage, Bluetooth connectivity, etc. It also offers production data tracking and generating reports.
- May 2019Series A$777.9K
#11
Acquired · Kungsbacka, Halland County · founded 2003$505.8Kraised▾
eGain provides a platform Egain Edge which provides analysis, and optimization of stats about indoor climate measured via sensors. Claimed that the artificial intelligence, associated with the platform optimizes indoor climate by continuous reading of data and building characteristics along with weather patterns and features like Peak Control helps with peak hour cost management.
- Oct 2020Grant (prize money)$505.8K
#12
Seed · Stockholm, Stockholm County · founded 2009 · 6 employees$726.9Kraised▾
Telcred provides offline physical access control systems based on NFC and security based on PKI (Public Key Infrastructure). Its solution is based on technology that Time-limited “digital keys” are sent to an NFC phone or a contactless smart card, which can then be used to gain access. The company is a spinoff from SICS, Swedish Institute of Computer Science. Its solutions find applications primarily in infrastructure companies such as telecom operators, power companies, and operators of public transportation.
- May 2015Seed$316.2K
- Nov 2011Seed$339.6K
- Dec 2010Seed$71.1K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of IoT Applications coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
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.