Best Mobile Companies in Sweden
The 165 best Mobile companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Truecaller.
Sweden's Mobile startup map now spans 165 tracked companies, and this directory ranks them by disclosed equity funding and recent momentum so you can cut straight to who's actually capitalized. Total disclosed funding across the cohort sits at $307M. No unicorns yet, but the funding is concentrated: Truecaller alone pulled $97M, dwarfing the rest of the field, with Star Stable at $29M and Resolution Games at $38M rounding out the top tier. That's a tight cluster of outsized earners in a market where most players are working with far thinner war chests.
The broader context is worth holding onto. The global mobile market is priced at roughly $9.0B in 2025 and forecast to reach $24.1B by 2033, compounding at 13.12% annually, driven by 5G rollout and smartphone penetration gains. Hot themes right now include flagship pricing pressure, OS fragmentation, and, interestingly, soundwave-based mobile payments that work across device types, which tells you where digital banking innovation is actually heading. I'd watch how Sweden's cohort, backed by investors like Almi Invest and Arctic Business, positions against those infrastructure shifts. The funding's real. The question is who converts it into revenue.
- Mobile penetration in 2nd world to hit 95% by 2013
Our analysis of 127 Mobile companies
$17.0b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Mobile companies in Sweden
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Truecaller App-based platform providing caller ID and spam call-blocking services | $97M | 92 mo ago | 400 | Alan Mamedi Co-Founder & CEO | IPBApple iCloud MailGoogle Workspace+24 | Top 5k | 3 launchs |
| 2 | Resolution Games VR gaming development studio | $38M | 59 mo ago | — | Paul Brady Co-Founder & Head of Marketing | Cart FunctionalitySquarespace CommerceSquarespace+23 | Top 5M | 1 launch · 2 awards |
| 3 | Star Stable Video game developer focusing on MMORPGs | $29M | 90 mo ago | 254 | Johan Edfeldt Board and owner | SentryZendeskApple iCloud Mail+21 | Top 100k | 1 job opening |
| 4 | Rebtel Mobile application for calling and messages | $28M | 95 mo ago | 69 | Hjalmar Winbladh Chairman of the board | Cart FunctionalityApple iCloud MailGoogle Workspace+25 | Top 500k | 1 job opening |
| 5 | memmo Online platform to get personalised video messages from celebrities | $24M | 58 mo ago | 22 | Tobias Bengtsdahl Co-Founder & COO | Apple iCloud MailGoogle WorkspaceAlgolia+23 | Top 500k | — |
| 6 | MAG Interactive Mobile Games developer specializing in Word games | $16M | 103 mo ago | 106 | — | RubyAnimate.cssVarnish+11 | Top 5M | — |
| 7 | Stardoll Independent mobile game development studio | $10M | 239 mo ago | — | Lasse Enersen CEO & Co-founder | NginxGoogle Tag ManagerreCAPTCHA+3 | Top 500k | — |
| 8 | PicoFun Mobile game and application development studio | $7M | 311 mo ago | — | Johan Lenander CEO | — | — | — |
| 9 | Snowprint Studios Mobile game developer focusing on mid-core games | $6M | 63 mo ago | 47 | — | WordPressApple iCloud MailGoogle Workspace+17 | Top 500k | 1 award |
| 10 | FunRock Independent mobile game development studio | $6M | 95 mo ago | 23 | — | WordPressMySQLPHP+20 | Top 50M | — |
| 11 | Codeta Developer of casino games or live table games | $6M | 99 mo ago | 12 | — | — | — | — |
| 12 | Turborilla Developer of racing-themed video games across multiple platforms and devices | $5M | 5 mo ago | — | Tobias Andersson Founder & Co-Owner | WixSentryBootstrap+11 | Top 500k | — |
| 13 | Wayfinder Games Developer of role-playing games designed for remote teams | $5M | 41 mo ago | 17 | Fia Tjernberg Co-Founder and Co-Head of studio | — | — | — |
| 14 | Luau Games Independent mobile game development company | $4M | 85 mo ago | 15 | — | — | — | — |
| 15 | Scapin App-based social metaverse for like-minded people | $4M | 58 mo ago | 16 | Leo Nilsson Founder & CEO | — | — | — |
| 16 | Elk Studios Mobile games developer | $3M | 131 mo ago | 66 | — | WordPressMySQLRedis+13 | Top 500k | 1 job opening · 6 launchs |
| 17 | Mindforce Game Lab Developer of AI-based games for health improvement | $3M | 49 mo ago | 11 | Emma Lundberg Founder & Chairman | SentryVuetifyVue.js+12 | Top 10M | — |
| 18 | Like A Boss Mobile game development and publishing studio based out of Sweden | $3M | 102 mo ago | 9 | — | — | — | — |
| 19 | Strange Quest Mobile game development company | $2M | 102 mo ago | — | Adam Schaub CEO & Co-Founder | — | — | — |
| 20 | Cortopia Independent VR game developer based in Stockholm, Sweden | $2M | 101 mo ago | 21 | Lisa Le Gresley Co-Founder & Co-CEO | WordPressMySQLPHP+29 | Top 50M | 2 launchs |
| 21 | Nuday Games Mobile game developer | $2M | 150 mo ago | 8 | Sven Folkesson Co-Founder | — | — | — |
| 22 | Gigantic Duck Video game developer focusing on casual games | $1M | 57 mo ago | — | Alexander Martinovic Co-Founder | WordPressMySQLPHP+20 | Top 10M | — |
| 23 | Wild Games Mobile games development solutions provider | $1M | 76 mo ago | 6 | Robert Wasserman CEO | — | — | — |
| 24 | Appland White label app store and app distribution platform | $1M | 146 mo ago | 13 | — | — | — | — |
| 25 | iGotchaStudios Indie mobile game developer based out of Sweden | $1M | 109 mo ago | — | Susanne Birgersdotter Founder & Co-CEO | — | — | — |
| 26 | Sideline Labs Developer of social sports game | $877K | 87 mo ago | — | — | — | — | — |
| 27 | Kavalri Games Video game development studio | $687K | 70 mo ago | 16 | Molly Ericson Co-Founder | Squarespace CommerceSquarespaceStimulus+7 | Top 50M | — |
| 28 | Planeto Game development studio | $619K | 197 mo ago | 8 | — | — | — | — |
| 29 | Adverty Provider of in-game advertising platform connecting brands with gaming audiences | $570K | 87 mo ago | 21 | Niklas Bakos Founder & Chief Strategy Officer | WordPressMySQLPHP+16 | Top 10M | — |
| 30 | Peppy Pals Indie game development company specializing in educational games | $318K | 93 mo ago | 6 | — | — | — | — |
| 31 | Flarie Developer of casual mobile games specializing in Arcade and Brain Storming genre | $261K | 109 mo ago | 40 | — | HubSpot CMS HubGSAPAmazon Web Services+14 | Top 5M | — |
| 32 | MYSTiC GAMES Developer of mobile and web-based casual video games | $250K | 24 mo ago | 7 | — | — | — | — |
| 33 | Keelr Location based chat ecosystem | $150K | 150 mo ago | — | Anders Hansson Founder & CEO | — | — | — |
Top 12 Mobile companies in Sweden
#1
Funding Raised · Umea, Vasterbotten County · founded 2008$5Mraised▾
Developer of racing-themed video games across multiple platforms and devices. The company creates and distributes titles in the rallycross, snocross, motocross, and BMX genres. It provides support resources and career opportunities. Games are available through major app stores.
- Jan 2026Conventional Debt$5M
#2
Public · Stockholm, Stockholm County · founded 2009 · 400 employees$96.8Mraised▾
App-based platform providing caller ID and spam call-blocking services. It helps users to identify, filter, and block unknown numbers, spam callers, and telemarketers. It helps to record calls, backup call history, contacts, and messages to drive, and auto-block SMS from specific countries, or those with similar digit sequences. Users can also track bills and transactional updates. It has community-based spam reporting service. The app is available across the web, Android, and iOS platforms.
- Oct 2018Series C$5.5M
- Dec 2016Series C$10.9M
- Jun 2016Angel—
- Oct 2014Series C$60M
#3
Series C · Stockholm, Stockholm County · founded 2015$38.5Mraised▾
VR gaming development studio. It focuses on creating casual games. It has developed multiple VR games including Narrows, Wonderglade, and Bait. The games are available on the Google Play store, and Oculus store. It generates revenue through in-app purchases and paid games.
- Jul 2021Series C$25M
- Oct 2018Series B$7.5M
- Aug 2015Series A$6M
#4
Series A · Stockholm, Stockholm County · founded 2019 · 22 employees$24.2Mraised▾
Memmo is an online platform to get personalized video messages from celebrities. Users can buy video messages from actors, singers, comedians, athletes, and reality stars.
- Aug 2021Series A$12M
- Feb 2021Series A$10M
- Dec 2019Seed$2.1M
#5
Acquired · Stockholm, Stockholm County · founded 2011 · 254 employees$28.9Mraised▾
Star Stable is the video game developer focusing on MMORPGs. Has developed various games such as "Star Stable Online", "Star Stable Horses", and "Star Stable Friends". The games are available for PC, Android, and iOS devices. Monetizes through monthly subscriptions.
- Dec 2018Series A$11M
- May 2018Series A$17.9M
- Jan 2011Angel—
#6
Seed · Umea, Vasterbotten County · founded 2021 · 17 employees$4.7Mraised▾
Developer of role-playing games designed for remote teams. It focuses on creating RPG experiences that evoke the feeling of collaborative storytelling around a campfire. The company develops these games remotely, reflecting a commitment to flexible work arrangements. They are currently seeking additional team members.
- Jan 2023Seed$4.7M
#7
Series A · Stockholm, Stockholm County · founded 2006 · 69 employees$28Mraised▾
Rebtel is a mobile application for calling and messages. It allows users to make affordable local and international calls and messages over the 3G/4G, Wi-Fi or local phone lines. Its features include the ability to invite friends & earn calling minutes and send international mobile top-ups to friends and family members. The app is available for iOS and Android devices.
- Jun 2018Series A$8M
- Sep 2006Series A$20M
#8
Public · Stockholm, Stockholm County · founded 2010 · 106 employees$15.6Mraised▾
MAG Interactive is a Mobile Games developer specializing in Word games. Their popular games include Ruzzle series of games (word games for Mobile platform) and WordBrain (a word based puzzle game for Mobile platform). Ruzzle is claimed to have been downloaded over 50 million times.
- Nov 2017Series B$9.6M
- Nov 2013Series A$6M
#9
Acquired · Stockholm, Stockholm County · founded 2015 · 47 employees$6.4Mraised▾
Mobile game developer focusing on mid-core games. it has developed games from various genres like such as role-playing, strategy, MMO, etc. One of the games developed by the company is "Legend of Solgard", which is a role-playing game, 'Rivengard' - a strategy game. Available for Android & iOS platforms. It monetizes through in-app purchases.
- Feb 2021Series B—
- Jun 2016Series A$5.7M
- Dec 2015Angel$708.3K
#10
Funding Raised · Stockholm, Stockholm County · founded 2022 · 7 employees$250Kraised▾
Developer of mobile and web-based casual video games
- Jun 2024ICO$250K
#11
Seed · Skelleftea, Vasterbotten County · founded 2017 · 11 employees$2.8Mraised▾
Developer of AI-based games for health improvement. The company focuses on developing games for Playtients people with medical conditions who enjoy playing games with the purpose to establish healthy habits. The game developed by the company is "Fig" to guide and treat health conditions.
- May 2022Seed$2.8M
- 2019Seed—
#12
Series B · Stockholm, Stockholm County · founded 2004$10Mraised▾
Stardoll is an independent mobile game development studio that specializes in developing doll games. Some of the games developed by the company include Dreamface, Doll House, Dream Horse, etc. The games are available on the Google Play store and Apple Store.
- Jun 2006Series B$6M
- Feb 2006Series A$4M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Mobile coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on 5G / 6G Networks is moving in Sweden
A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 967 Sweden-affiliated papers.
- KTH Royal Institute of Technology276
- Chalmers University of Technology228
- Ericsson197
- Linköping University178
- Lund University94
- Beamforming48→112
- MIMO51→92
- Electronic engineering17→38
- Telecommunications3→23
- Algorithm6→23
- Telecommunications4→20
- Antenna array2→11
- Optics1→8
- Beamforming98→102
- Phased array4→8
- Beamforming53
- MIMO43
- Telecommunications link23
- Base station18
- Electronic engineering18
Where 5g 6g 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.