Best Wearable Technology Companies in Sweden
The 84 best Wearable Technology companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Turnpike Group.
- Wearable technology market set to double by 2030 as AI and health trac
- Wearable Technology Market to Reach USD 466.5 Billion by 2032
- Top 5 Wearable Tech Trends in 2020
Our analysis of 50 Wearable Technology companies
$7.0b in tracked funding; 93% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Wearable Technology companies in Sweden
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Turnpike Group Platform offering wearable devices for monitoring workforce productivity | $13M | 48 mo ago | 19 | 2015 | Peter Carlsson Co-Founder | — | — | — |
| 2 | Flow Neuroscience Provider of a wearable device for stress and anxiety management | $12M | 58 mo ago | 21 | 2016 | — | WagtailPythonDjango+25 | 33 patents Non‑invasive transcranial direct‑current stimulation headsets and electrode positioning systems | 1 launch |
| 3 | Narrative Provider of Wi-Fi and Bluetooth-based wearable cameras | $12M | 141 mo ago | 38 | 2012 | Sebastian Bjorkelid Co-Founder & Product Manager | Cart FunctionalityUbuntuVimeo+14 | 8 patents Wearable lifelogging devices with integrated camera and personal imaging control | — |
| 4 | dewiz golf DeWiz Golf is a training aid that offers wearable tech solutions. | $9M | 45 mo ago | 16 | 2015 | — | Cart FunctionalityShopifyYouTube+20 | — | — |
| 5 | Mendi Provider of wearable brain training devices | $8M | 55 mo ago | 22 | 2017 | Sammy Saldjoghi Co-Founder | Cart FunctionalityShopifyVideoJS+41 | — | — |
| 6 | Nectarine Health App and wristband for AI-led remote health monitoring | $7M | 105 mo ago | 40 | 2004 | Alexander Asseily Founder & CEO | — | 50 patents Patents concentrated in health & consumer products | — |
| 7 | Acconeer Developer of micro-radar based sensors | $7M | 117 mo ago | 62 | 2012 | Lars Lindell CEO | WordPressMySQLPHP+25 | 68 patents Short-range mm-wave radar sensing for motion detection, object tracking, and granular flow measurement | 1 job opening |
| 8 | Acorai Health Provider of AI-based remote health monitoring solutions for providers | $4M | 18 mo ago | 22 | 2019 | Kasper Bourdette Co-founder & COO | WordPressApple iCloud MailMicrosoft 365+28 | — | 2 awards |
| 9 | Hövding Air-bag helmets for bikes | $4M | 98 mo ago | 37 | 2005 | — | Cart FunctionalityShopifyTailwind CSS+15 | — | 2 partnerships |
| 10 | LUCAS chest compression system Chest compression device for sudden cardiac arrest | $4M | 278 mo ago | — | 2003 | Erik Von Schenck CEO | — | — | — |
| 11 | Earin Internet first brand offering wireless earbuds | $4M | 113 mo ago | 12 | 2014 | — | Cart FunctionalitySquarespace CommerceSquarespace+16 | 19 patents Compact wireless earbud charging and storage capsule technology | — |
| 12 | Tinitell Wrist phone for kids | $3M | 107 mo ago | 17 | 2013 | — | — | — | — |
| 13 | Inuheat Developer of heating solution that can be integrated with wearables | $2M | 93 mo ago | 20 | 2013 | Stefan Carlsson Founder & CTO | — | 26 patents Conductive textile yarn and integrated electrical connectors for wearable heating applications | — |
| 14 | Audiodo Personalized sound technology provider for audio electronic products | $2M | 105 mo ago | 42 | 2016 | Jan Weber Co-Founder & CEO | WordPressMySQLPHP+31 | 2 patents Adaptive audio level control and lossless audio compression technologies | — |
| 15 | Racefox Mobile app-based digital coach for runners and skiers | $2M | 57 mo ago | 3 | 2013 | Magnus Jonsson Founder & CEO | — | — | — |
| 16 | CareLigo Tablet based device to assist heart failure patients in managing their lifestyle and treatment at home. | $2M | 98 mo ago | 5 | 2012 | Fredrik Westman Founder & CEO | — | 4 patents Medical patient monitoring devices integrating drug dosing and education modules | — |
| 17 | Kronaby Provider of connected watches | $1M | 106 mo ago | 60 | 2016 | — | Cart FunctionalitySentryTypeScript+16 | — | — |
| 18 | Vevios Wearable safety alarm band for elders | $379K | 93 mo ago | 4 | 2017 | Hanne Palsson Founder & CEO | — | — | — |
| 19 | Fidesmo Provider of wearable payment solutions for consumers | $241K | 103 mo ago | 24 | 2013 | Miguel Cardo Founder and CTO | Cart FunctionalityShopifyVisa+16 | 16 patents Secure element integration for contactless payments and encrypted app data download | — |
| 20 | Magnea Cloud-based analytics software and AI based wearable sensor system to monitor and track patient activity | $231K | 123 mo ago | 4 | 2015 | Johan Hedeva Co-Founder & CEO | — | — | — |
| 21 | Hoofstep Developer of solutions to monitor the health of horses | $219K | 103 mo ago | 5 | 2016 | Karl Forssman Co-Founder / Sales & Marketing | — | — | — |
| 22 | MedBeat Provider of wearable AI-based heart health monitoring device | $151K | 20 mo ago | 13 | 2018 | Erik Rask CEO | — | — | — |
| 23 | Neue Smart technology provider for fashion industry | $110K | 77 mo ago | 7 | 2015 | Fredrik Timour Founder & CEO | — | 2 patents Electrochromic display technology for low‑power, color‑change visual interfaces. | — |
| 24 | Moggie Smart collar and mobile app for cats | $70K | 126 mo ago | 7 | 2015 | Nataliya Stoyanovych Co-Founder & CEO | Cart FunctionalityShopifyShop Pay+29 | — | 1 job opening |
| 25 | Photon Sports Performance tracking platform for sports | — | 60 mo ago | 7 | 2015 | Anders Tanger Co-Founder & CEO | WordPressMySQLPHP+24 | 7 patents Optical motion capture systems for athlete movement measurement and analysis | — |
Top 12 Wearable Technology companies in Sweden
#1
Seed · Helsingborg, Skane · founded 2019 · 22 employees$4.5Mraised▾
Provider of AI-based remote health monitoring solutions for providers. The company has developed a cardiac health monitoring system which has the ability to monitor and calibrate individuals health rate. The platform assists healthcare professionals to identify any early heart disease or abnormalities.
- Dec 2024Seed$4.5M
- Jan 2024Seed$4.5M
- Nov 2023Grant (prize money)$2.5M
#2
Seed · Malmo, Skane County · founded 2018 · 13 employees$150.7Kraised▾
Provider of wearable AI-based heart health monitoring device. The copay has developed a device that is connected to an app for faster diagnosis and sharing of results with doctors. The device learns the person's heartbeat and notices if there is any deviation in the heartbeat pattern.
- Sep 2024Seed$150.7K
#3
Seed · Stockholm, Stockholm County · founded 2015 · 19 employees$12.9Mraised▾
Platform offering wearable devices for monitoring workforce productivity. Its product promotes real time customer service and engagement by enabling seamless, confidential communication between management and employees. It helps to increase staff productivity.
- Jun 2022Angel$2.8M
#4
Series B · Malmö, Skane Lan · founded 2015 · 16 employees$8.9Mraised▾
Developer of a wearable device designed for golfers to quickly adjust their golf swing motion and accelerate their learning process. The company's device offers tracks the exact position and direction of hands throughout the golf swing and provides a 3D analysis within the application, enabling golfers to track their skill progression and improve their skills.
#5
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.
- Aug 2021Series A$9.3M
- Jul 2019Seed$1.5M
- Jan 2018Seed$1.1M
- Sep 2017Seed—
#6
Seed · Stockholm, Stockholm County · founded 2017 · 22 employees$8.2Mraised▾
Provider of wearable brain training devices. It offers a smart headset that measures brain activity using fNIRS technology to visualize and train brain activity, making brain training tangible by visualizing neural activity in the Mendi app.
- Oct 2021Seed$4.7M
- Nov 2020Seed$3.6M
- Mar 2020Grant (prize money)$55.3K
- Oct 2019Grant (prize money)$54.7K
#7
Series B · Lund, Skane County · founded 2012 · 38 employees$11.6Mraised▾
Provider of Wi-Fi and Bluetooth-based wearable cameras. The product catalog includes Narrative clip1 and Narrative Clip2, which is a WiFi and Bluetooth-based camera that automatically takes photos and videos. It also offers intelligent image analysis solutions through its patented technology. The application is available for iOS and Android devices.
- Sep 2014Series B$8M
- Oct 2013Series A$3M
- Jul 2012Seed$612.3K
#8
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—
#9
Series A · Stockholm, Stockholm County · founded 2013 · 3 employees$1.6Mraised▾
Racefox is a mobile app-based digital coach for runners and skiers. The platform leverages a chest sensor to monitor body movement and provides real-time feedback. Features include full-body motion analysis, real-time audio coaching, personalized training plans, and more. The company offers all the features on a subscription-based plan. Its mobile app is available on Android and iOS platforms.
- Aug 2021Grant (prize money)$59K
- Oct 2019Grant (prize money)$2.8M
- Mar 2019Series A$1.6M
#10
Seed · Lund, Skane County · founded 2012 · 62 employees$7.1Mraised▾
Developer of micro-radar based sensors. Its radar-based sensors are capable of detecting distance, proximity, and movement in a 3D environment. They are also capable of detecting the material properties of objects within their range. Their sensors also enable devices to monitor vital life signs like breathing rate and pulse rate. These sensors can be integrated into various devices such as robots for navigation, gesture control in wearables, security devices for identity management, and human-machine interfaces in mobiles, tablets, and healthcare devices.
- Aug 2016Angel$7.1M
- 2013Seed—
#11
Acquired · Malmo, Skane County · founded 2005 · 37 employees$4.5Mraised▾
Hövding is a bicycle helmet unlike any other currently on the market. It's ergonomic, it's practical, it complies with all the safety requirements, and it's also subtle and blends in. Hövding is a collar for bicyclists, worn around the neck. The collar contains a folded up airbag that you'll only see in case of an accident. The airbag is shaped like a hood, surrounding and protecting the bicyclist's head. The trigger mechanism is controlled by sensors which pick up the abnormal movements of a bicyclist in an accident. The actual collar is the visible part of the invention. It's covered by a removable shell that you can change to match your outfit,
- Mar 2018Grant (prize money)$1.7M
- Apr 2016Grant (prize money)$1.6M
- May 2014Series A$4.5M
#12
Deadpooled · Stockholm, Stockholm County · founded 2013 · 17 employees$3.2Mraised▾
A wearable mobile phone with calling & location features. Allows user to call or receive calls just by using a push button to registered numbers on the app. It has a GPS which shows the location of the person who is wearing Tintell.
- Jul 2017Seed$20K
- 2017Seed—
- Dec 2016Seed$1.1M
- Jun 2015Seed$2M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Wearable Technology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Wearable Health Tech is moving in Sweden
A read on the academic research around Wearable Health Tech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 139 Sweden-affiliated papers.
- Karolinska Institutet43
- University of Gothenburg31
- Karolinska University Hospital28
- Sahlgrenska University Hospital22
- NU Hospital Group21
- Continuous glucose monitoring8
- Electrode2
- Continuous monitoring2
- Biomedical engineering2
- Nanotechnology2
- Type 2 diabetes5→12
- Diabetes mellitus14→17
- Continuous glucose monitoring16→18
- Blood Glucose Self-Monitoring5→7
- Glycemic4→6
- Diabetes mellitus2→6
- Type 1 diabetes2→4
- Continuous glucose monitoring5→6
Where wearable health 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.