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Radar · Neurology in Sweden

Best Neurology Companies in Sweden

The 51 best Neurology companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Abliva.

51companies tracked
$132.8Mdisclosed funding
0unicorns
25have raised
Sources & further reading
  • Neurology Market Expected to Witness Sustained Growth
FLIAR INTELLIGENCE · NEUROLOGY × SWEDEN

Our analysis of 50 Neurology companies

$7.4b in tracked funding; 74% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
74%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2016median founding year
93kcombined LinkedIn audience
75%of audience held by top 3
1companies hiring publicly (12 mo)

Ranked: Best Neurology companies in Sweden

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
1Abliva
Developer of drugs to treat multiple neurological disorders
$23M50 mo ago8—WordPress Block EditorWordPressMySQL+14Top 10M50 patents
Cell-permeable succinate prodrugs and quinone therapies for metabolic and RBC disorders
—
2PharmNovo
Developer of a novel drug for neuropathic pain relief solutions
$21M24 mo ago9Bengt Mentzer
Founder & President
——25 patents
Pharmaceutical solid‑form polymorphs of opioid agonist salts and related delta‑opioid ligands
1 launch
3Umecrine Cognition
Developer of therapeutics for hepatic encephalopathy
$18M15 mo ago3Viktor Drvota
CEO
——117 patents
Neurosteroid GABAA‑α3 modulators and their pharmaceutical formulations
—
4TikoMed
Developers of regenerative medicine for cell therapies
$15M76 mo ago7———31 patents
Peptide-coated medical implants to prevent fibrotic tissue formation
—
5Flow Neuroscience
Provider of a wearable device for stress and anxiety management
$12M59 mo ago21—WagtailPythonDjango+25Top 500k33 patents
Non‑invasive transcranial direct‑current stimulation headsets and electrode positioning systems
1 launch
6IRRAS
Provider of devices for fluid control and management after surgery
$11M122 mo ago52Will Martin
CEO
WordPress Block EditorWordPressMySQL+20Top 50M33 patents
Medical fluid exchange catheters for intravascular therapy and sensing
—
72A Pharma
Developing vaccine using adeno-associated virus-like particle technology for cancer and infectious diseases.
$5M97 mo ago10Preben Bruun-Nyzell
CEO
——10 patents
Therapeutic parvovirus-derived proteins for autoimmune and HPV treatment
—
8MedVasc
Providing a surgical tool for intraoperative drug delivery
$4M6 mo ago4Michael Akesson
Founder
——15 patents
Intravascular and cavity ablation devices for treating defective vessels, cavities, and ducts
—
9Likvor
System for cerebrospinal fluid system (neurological) investigations
$3M126 mo ago6———11 patents
Cerebrospinal fluid monitoring and automated shunt regulation technologies
—
10Integrative Research Laboratories
Using systems pharmacology to develop small molecule therapeutics for neurodegenerative diseases
$3M67 mo ago33—WordPress Block EditorWordPressMySQL+13Top 50M——
11AlzeCure Pharma
Developer of therapeutics for neurological disorders
$3M8 mo ago11—WordPressMySQLPHP+24Top 10M68 patents
Patents concentrated in chemistry & materials
5 partnerships
12Abarceo
Developer of therapeutics for type-2 diabetes and other diseases
$3M65 mo ago8Kristian Hansen
Chief Executive Officer
——5 patents
Design of small‑molecule inhibitors targeting VDAC1 for therapeutic applications
—
13Umecrine
Developer of drugs to treat neurological disorders of the brain
$2M19 mo ago—Torbjorn Backstrom
CEO
——72 patents
Steroid-based compounds modulating GABAA α3 receptors for neurological therapeutics
—
14Amniotics
Developer of stem cell based therapies for multiple disorders
$2M40 mo ago14Marcus Larsson
Co-Founder
——54 patents
Patents concentrated in chemistry & materials
—
15Uman Sense
Developer of wearable device for stroke detection
$2M23 mo ago9Johan Wasselius
Co-Founder
——9 patents
Wearable/implantable sensors for real-time stroke detection and monitoring in patients
—
162N Pharma
Developer of therapeutics for treating ALS
$2M70 mo ago14Preben Nyzell
Co-Founder & CEO
——10 patents
Therapeutic parvovirus capsid proteins for autoimmune disease and HPV treatment
—
17Gabather
Developer of therapeutics for neuropsychiatric disorders
$1M134 mo ago3Michael-Robin Witt
Chief Executive Officer
UmbracoHighstockHighcharts+16Top 50M15 patents
Synthesis of triazoloquinazolinone heterocycles and lipid drug‑delivery formulations.
—
18Edvince
Swedish, early stage company developing emergency treatments for Stroke victims
$643K55 mo ago4Lars Edvinsson
Founder
——17 patents
Small-molecule MEK/PKC kinase inhibitor therapeutics for acute stroke treatment
—
19Medfield Diagnostics
Systems for pre-hospitalization diagnostics of brain injuries
$641K83 mo ago8—WordPress Block EditorWordPressMySQL+11Top 10M22 patents
Non‑invasive RF/microwave scattering diagnostics for internal object detection and tissue characterization.
—
20Sinntaxis
Developer of small molecule based therapeutics for the treatment of stroke recovery
$219K68 mo ago—Tomas Eriksson
CEO
——11 patents
Negative allosteric modulators of mGluR5 for neuroprotective treatment of mature brain injury
—
21Alzinova
Early-stage, public, Swedish Biotech company developing oligomer-directed vaccine and mAbs for Alzheimers'…
$164K107 mo ago4Anders Sandberg
Co-Founder
WordPressMySQLPHP+16Top 10M24 patents
Humanized antibodies targeting amyloid‑beta 42 for Alzheimer's disease treatment
1 partnership
22Sinfonia Biotherapeutics
Developer of therapeutics to treat neurological diseases
$112K86 mo ago—Lars Wahlberg
Founder & CEO
————
23FluoLink
Developer of a fluorescence-based spectroscopy system to detect brain cancer
$107K88 mo ago—Johan Richter
Co-Founder
——4 patents
Optical biopsy guidance probes for tissue identification and harvesting
—

Top 12 Neurology companies in Sweden

#1
Series A · Lund, Skane County · founded 2013 · 4 employees
$3.7Mraised
▾

MedVASC AB is providing a surgical tool for intraoperative drug delivery. They made a single cut through laser or catheter then puncture the vein wall through an anesthetic needle to numb the surrounding tissue. Through the fast treatment, surgery time is reduced by a half.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 349 LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jan 2026Series A$2.6M
  • May 2025Seed$1M
Founders & team
Michael AkessonFounderCathrin JohanssonCEO
Investors
Smile Incubator
#2
Series A · Solna, Stockholm County · founded 2006 · 3 employees
$18.3Mraised
▾

Developer of therapeutics for hepatic encephalopathy (HE). Its proprietary platform uses small molecules that inhibit the action of GABA-steroids in the brain. Its lead candidate GR3027 is currently in phase 2a of clinical trials and can be used in both acute life-threatening HE, as well as minimal chronic HE.

Funding rounds
  • May 2025Grant (prize money)$420K
  • Mar 2023Series A$3M
  • Sep 2022Series A$3.9M
  • Jul 2021Series A$4.1M
Founders & team
Viktor DrvotaCEO
Investors
Almi Invest, Fort Knox, Norrlandsfonden, Karolinska Development, Partnerinvest Norr, Ribbskottet
#3
Funding Raised · Huddinge, Stockholm County · founded 2016 · 11 employees
$2.9Mraised
▾

Developer of therapeutics for neurological disorders. It offers lead candidate ACD856 a positive modulator of Trk-receptors from the NeuroRestore platform for the treatment of Alzheimer's, Parkinson's disease, and related neurological diseases.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 10.6% of this cohort's audience
Activity: 5 partnerships (incl. QuantumCell) announced in 12 mo
Funding rounds
  • Dec 2025Grant (prize money)$2.9M
Investors
European Innovation Council
Tech stack
Amazon S3Amazon Web ServicesBootstrapCloudflareCloudflare Bot ManagementCookiebot
#4
Series A · Lund, Skane County · founded 2008 · 9 employees
$20.9Mraised
▾

Developer of a novel drug for neuropathic pain relief solutions. It focuses on creating treatments without the side effects of conventional opioids. It is currently preparing for phase two studies with its lead candidate. It aims to provide effective neuropathic pain relief.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jul 2024Series A$16.3M
  • Jul 2024Grant (prize money)$2.7M
  • Jun 2022Seed$2M
  • Nov 2020Seed$2.5M
Founders & team
Bengt MentzerFounder & PresidentPer MentzerCEO
Investors
Karolinska Development, Europa, Sciety, Almi Invest
#5
Seed · Umea, Vasterbotten County · founded 2000
$2.4Mraised
▾

Developer of drugs to treat neurological disorders of the brain. The pipeline includes a new class of drugs to alleviate cognitive symptoms caused by various underlying conditions. It offers GABA-A receptor modulating compounds for the treatment of anxiety and mood, memory, depression, overeating and regulation of satiety and appetite.

Funding rounds
  • Dec 2024Seed$2.2M
  • Jan 2017Grant (prize money)$277.5K
Founders & team
Torbjorn BackstromCEO
Investors
Europa
#6
Seed · Lund, Skane County · founded 2018 · 9 employees
$1.7Mraised
▾

The company develops wearable device for stroke detection that consists of two bracelets with sensors and wireless communication with a smartphone. The Stroke Alarm provides an early indication of suspected stroke so that the victim can access care in time for treatment.

Funding rounds
  • Aug 2024Seed$289.5K
  • Oct 2020Seed$716.8K
  • Jan 2020Seed$528.4K
  • May 2019Grant (prize money)$55.8K
Founders & team
Johan WasseliusCo-FounderCecilia BelfrageCo-Founder & CEO
Investors
EIT Health, Swelife, Medtech4Health, I Love Lund, Karolina Ventures, Neuromathic
#7
Acquired · Lund, Skane County · founded 2000 · 8 employees
$23.4Mraised
▾

Developer of drugs to treat multiple neurological disorders. The company has developed KL1333 (NAD+ regulator) that helps in the treatment of chronic primary mitochondrial diseases such as MELAS-MIDD spectrum disorders and PEO-KSS spectrum disorders. It provides NVP025 that is used for the treatment of mitochondrial myopathies. The company's other drug candidate includes NeuroSTAT that is used to treat traumatic brain injury (TBI), NV354, and others.

Funding rounds
  • Jun 2022Post IPO$20.4M
  • Mar 2019Post IPO$3M
Investors
NYIP, IP Group, Hadean Ventures, Oslo Pensjonsforsikring
Tech stack
BootstrapCloudflareCloudflare Bot ManagementHttp/3JqueryMysql
#8
Series A · Malmo, Skane County · founded 2016 · 21 employees
$11.9Mraised
▾

Provider of a wearable device for stress and anxiety management. The platform provides a Flow neural stimulator headset for depression treatment. The device tDCS headset delivers a gentle current to the forehead to reverse the activity imbalance observed in people with depression and training the brain to kick negative behaviours. The mobile app also provides exercises, meditation, and mindfulness programs.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 16k LinkedIn followers — 16.9% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Aug 2021Series A$9.3M
  • Jul 2019Seed$1.5M
  • Jan 2018Seed$1.1M
  • Sep 2017Seed—
Investors
Khosla Ventures, HAX, CSS, Zühlke, Global Brain, Redstone
Tech stack
AmplitudeAngularCloudflareCloudflare Bot ManagementEnvoyGoogle Font Api
#9
Public · Viken, Skane County · founded 2002 · 7 employees
$14.7Mraised
▾

Developer of regenerative medicines for cell therapies. Its leading candidate IBsolvMIR for regenerative cell therapies to treat severe diabetes and chronic pancreatitis; the second TM-500 for MS and neurological diseases; and ILB used for neurological disease caused by glaucoma.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 764 LinkedIn followers · 35 engagements/post (2.0× cohort median)
Activity: 1 partnerships (incl. Karolinska Institutet) announced in 12 mo
Funding rounds
  • Mar 2020Series A$5.6M
  • Feb 2019Series A$9.1M
#10
Seed · Lund, Skane County · founded 2015 · 14 employees
$2.1Mraised
▾

Developer of stem cell-based therapies for multiple disorders. The product PulmoStem is used for the treatment of severe inflammatory, fibrotic, brain, skin, kidney, and blood disorders. The company is harvesting and propagating tissue relevant neonatal quality mesenchymal stem cells for applications in regenerative medicine.

Funding rounds
  • Apr 2023Grant (prize money)$875.6K
  • Jan 2022Grant (prize money)$526K
  • Jun 2019Seed$2.1M
Founders & team
Marcus LarssonCo-FounderAndreas HerbstCo-Founder & CMOKare EngkildeCEO
Investors
Almi Invest, Vinnova, Europa, Smile Incubator, Gobia
#11
Acquired · Stockholm, Stockholm County · founded 2012 · 52 employees
$11.2Mraised
▾

IRRAS develops devices for fluid control and management for several brain pathologies, CNS therapeutic applications, and procedures. Its products include instruments and catheters for the clinical, monitoring and surgical applications for brain pathology indications. Its flagship products IRRAflow provides, dynamic control of brain fluids, for irrigation and aspiration, precise infusion of fluids and intracranial pressure monitoring. It can be used for the treatments for infections and malignant tumors such as Ventriculitis, Meningitis, Abscesses and Osteomyelitis of the skull, and others.

Founders & team
Will MartinCEO
Investors
Invest Stockholm, Serendipity Innovations, Beijer Ventures, Levant Capital
Tech stack
WordpressMysqlPhpTwenty FourteenVimeoYoast Seo
#12
Public · Gothenburg, Vastra Gotaland County · founded 2013 · 33 employees
$3.4Mraised
▾

Integrative Research Laboratories Sweden AB (IRL) is a Swedish privately held drug discovery and development company providing novel treatments in the field of primary neurodegenerative disorders. IRL is pursuing small molecule programmes targeting core disabilities in dementias, attention disorders and Parkinson’s disease using its unique systems pharmacology discovery approach, the Integrative Screening Process (ISP), to find new treatment solutions. IRL utilizes an in vivo systems pharmacology approach based on phenotypic screening, systematically implemented and seamlessly integrated throughout the drug discovery process in a process referred to as the Integrative Screening Process (ISP). Phenotypic screening has proven more successful than target based screening in generating first-in-class drugs within the CNS area (as published in Nature Reviews Drug Discovery, 2011, Jun 24). ISP is based on studies of physiological and pathophysiological mechanisms at the system level in the living brain and the effects of drugs and drug candidates on these mechanisms at the integrated level. A screening system is built on in vivo systems responses, combined with strong medicinal chemistry

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.4% of this cohort's audience
Funding rounds
  • Dec 2020Post IPO$15.7M
  • Feb 2019Grant (prize money)$56.9K
  • Nov 2018Grant (prize money)$57K
  • May 2018Post IPO$16M
Investors
AP3, Fjarde AP-fonden, Handelsbanken, New Leaf Venture Partners, Alfred Berg, Second AP Fund

Funding & investor landscape

$132.8Mtotal disclosed funding
24companies funded
63disclosed rounds
0rounds last 90 days
Most active investors
Almi Invest10 rounds
Europa9 rounds
EIC Fund6 rounds
Smile Incubator5 rounds
EIT Health4 rounds
Partnerinvest Norr3 rounds
Sahlgrenska Science Park3 rounds
Vinnova3 rounds
GU Ventures2 rounds
Gobia2 rounds

Notable founders

Michael Akesson
Founder · MedVasc
Cathrin Johansson
CEO · MedVasc
Viktor Drvota
CEO · Umecrine Cognition
Bengt Mentzer
Founder & President · PharmNovo
Per Mentzer
CEO · PharmNovo
Torbjorn Backstrom
CEO · Umecrine
Johan Wasselius
Co-Founder · Uman Sense
Cecilia Belfrage
Co-Founder & CEO · Uman Sense
Marcus Larsson
Co-Founder · Amniotics
Andreas Herbst
Co-Founder & CMO · Amniotics
Will Martin
CEO · IRRAS
Preben Bruun-Nyzell
CEO · 2A Pharma
Prism market signals · Sweden · country-scoped Prism corpus, 813,116 docs

Market landscape — 10 sub-themes by coverage

Share of Neurology coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Sweden

How research on Neuroscience & Neurotech is moving in Sweden

A read on the academic research around Neuroscience & Neurotech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 356 Sweden-affiliated papers.

research sentiment over time
201020182026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 19% → 38% across 2010–2026.
top research entities
  • Umeå University107
  • Linköping University75
  • Karolinska Institutet64
  • Lund University40
  • Uppsala University40
leading researchers
Patric Blomstedt · Marwan Hariz · Karin Wårdell · Peter Zsigmond · Dorian Vogel · Ludvic Zrinzo · Alexander Medvedev · Anders Fytagoridis
▲ Breakthroughs45 · 13%
▲ 10%→14% share
▲1.4× share momentum9 median citations44% since 2021mostly methods-led
Breakthroughs are rising (10%→14% of field), led by Stimulation.
rising sub-themes (early→recent)
  • Stimulation1→7
  • Deep brain stimulation3→8
  • Neurostimulation1→4
Landmark An osseointegrated human-machine gateway for long-term sensory feedback and motor control of artificial limbs · 469 cites
◆ Advancements179 · 50%
▲ 43%→55% share
▲1.3× share momentum8 median citations44% since 2021mostly empirical
Advancements are rising (43%→55% of field), led by Neurostimulation.
rising sub-themes (early→recent)
  • Neurostimulation1→9
  • Brain stimulation1→5
  • Depression (economics)2→5
  • Neuromodulation1→4
  • Somatosensory system1→4
Newly emergingProbabilistic logic 0→5 · Stria terminalis 0→5
Landmark Upper limb amputees can be induced to experience a rubber hand as their own · 325 cites
▼ Concerns80 · 22%
▼ 28%→18% share
▼0.6× share momentum18 median citations32% since 2021mostly empirical
Concerns are cooling (28%→18% of field), led by Essential tremor.
rising sub-themes (early→recent)
  • Essential tremor3→5
  • Stimulation6→7
Landmark Developing consensus among movement disorder specialists on clinical indicators for identification and management of adv · 254 cites
RESEARCH HOTSPOTS · Sweden

Where neurotech 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.

Umeå121 · +0.20
Hot · Deep brain stimulationAdvancing · Stria terminalisOpportunity · Probabilistic logicConcern · Psychiatry
Stockholm84 · +0.38
Hot · Medium spiny neuronAdvancing · Basal gangliaOpportunity · ElectroencephalographyConcern · Rating scale
Linköping76 · +0.36
Hot · Biomedical engineeringAdvancing · BioelectronicsOpportunity · Glutamate receptorConcern · Stimulation
Uppsala46 · +0.44
Hot · OptogeneticsAdvancing · NucleusOpportunity · FiberConcern · Subthalamic nucleus
Lund43 · +0.33
Hot · DopaminergicAdvancing · MicroelectrodeOpportunity · OptogeneticsConcern · Dyskinesia
Gothenburg37 · +0.37
Hot · Neural ProsthesisAdvancing · Somatosensory systemOpportunity · WristConcern · Stimulation

Common questions

How many Neurology companies are there in Sweden?
Radar tracks 51 indexable Neurology companies headquartered in Sweden that meet our profile-completeness bar.
What is the total funding raised by Neurology companies in Sweden?
The Neurology companies in Sweden on this list have raised a combined $132.8M in disclosed equity funding across 24 funded companies.
Which is the highest-funded Neurology company in Sweden?
Abliva is the highest-funded Neurology company in Sweden, with $23.4M in disclosed equity funding.
How many Neurology companies in Sweden are funded?
24 of the 51 Neurology companies in Sweden on this list have disclosed at least one equity funding round.
How many Neurology unicorns are there in Sweden?
None of the Neurology companies in Sweden on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Sweden Neurology companies?
The most active investors in Sweden Neurology companies on this list include Almi Invest, Europa, EIC Fund, Smile Incubator, EIT Health.
Rohit KhannaTrends & Stories

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.

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