The Nordic hardtech community

For everyone building hard things in the Nordics.

Hardtech is innovative, complex and physical. Nordic Hardtech exists so the people who build it, fund it and enable it can find each other.

176
Investors mapped
1206
Ecosystem companies
37
Podcast episodes
8,000+
Newsletter readers

The funding map

ALL 176 INVESTORS →

Every Nordic investor with documented hardtech investments, plus the grants and public instruments that fund the other half of the road from lab to factory, with their deadlines.

EUDIS BAMM

Public FundingINTL

EUDIS BAMM (Business Accelerator) is a public, non-dilutive funding and coaching instrument of the EU Defence Innovation Scheme, run by the European Commission's Directorate-General for Defence Industry and Space together with a Starburst-led consortium. It selects cohorts of 20 European (EU + Norway) defence-tech start-ups and scale-ups twice a year, giving each a €120,000 seed-financing voucher plus coaching, bootcamps and investor/end-user matchmaking.

Backed:3YOURMIND, Autoagri, Defensphere (Vegvisir), Edge Aerospace, Elwave, Fernride, Fiducial, Munich Quantum Instruments, Nanomade, Nautrik, Nordic Air Defence, Radical Builders, U-Space, UAB Luna Robotics, VoxelSensors, Zeabuz

Curitas Ventures

Venture CapitalSE

Curitas Ventures is a Stockholm-based venture capital firm founded in 2020 by Mikael Ahlström and Gerda Larsson that invests in early-stage Nordic entrepreneurs across Disruptive Technology, Life Science and Sustainability; in 2025 its venture portfolio was acquired by Nordic Asia Investment Group 1987 AB, which now operates under the name Collaxio for its unlisted-investments strategy.

Backed:Qoitech, Volta Trucks (Truck HoldCo), C-Green Technology

Provider Investment

Investment CompanySE

Provider Investment is a 100% family owned evergreen investment company founded by Johan Hernmarck, investing opportunistically in Swedish entrepreneurs with a preference for ideas scaled through software and digital technology. The portfolio spans B2B software plus a handful of industrial hardtech positions such as Flasheye and Mobilaris.

Backed:Flasheye, Mobilaris, Yubico

Butterfly Ventures

Venture CapitalFI

Early-stage deep tech VC investing in science-based Nordic startups across hardware and software.

Backed:10 Lines, Cooliblade, Geyser Batteries

VTT Ventures

Corporate VentureFI

Venture arm of VTT Technical Research Centre of Finland, Finland's state-owned applied research institute, spinning off deep tech and industrial hardware startups from its own IPR.

Backed:Steady Energy (compact nuclear district heating reactors), IQM Finland (superconducting quantum computers), TactoTek (structural electronics), Hypermine (mineral processing tech), SemiQon (semiconductor quantum processors), Solar Foods

Longrun Capital

Investment CompanySE

Longrun Capital is a Stockholm venture capital firm that backs early-stage Nordic companies building hardware for the green transition, with a portfolio focused on advanced materials, energy and water technology for the built environment.

Backed:Drupps, GreenIron, NSS Water, Ekolution, 3eflow, Hybridized

Antler

Venture CapitalSENODKFIINTL

Global early-stage venture capital firm with a dedicated always-on residency model in the Nordics, investing from day zero through Series C.

Backed:Evyon (battery storage from repurposed EV batteries)

Katalysen Ventures

Investment CompanySE

Stockholm-listed venture developer founded in 2016 that puts knowledge, hands-on support and capital into early-stage owner-led companies, often through its Venture Targeter turnaround framework, in exchange for equity and warrants. Core holdings span bioanalytics, diagnostics, event tech and digital asset compliance, with a wider portfolio of roughly 20 smaller stakes across the Nordics, DACH and beyond.

Backed:QuTEM, S4DX, iReality, Manico, Skawen, ConexBird, WebbEss

Kvanted Ventures

Venture CapitalFI

Early-stage venture capital firm investing in hardware, software and service companies for the industrial value chain, with focus on industrial automation, sustainability and supply chain resilience.

Backed:QMill, Resoniks, Fractory, Unbound Potential, Euler3D

Nordic Alpha Partners

Investment CompanyDK

Nordic Alpha Partners is a Copenhagen based industrial greentech growth fund investing across two funds worth roughly 400 million EUR since 2017. It uses an operational value creation toolkit to scale portfolio companies in energy transition, agriculture, building and construction, industrial process innovation, circular economy and waste, and water and wastewater.

Backed:Additive Drives, STABL, Sunroof, Green Hydrogen Systems, Agrointelli, Airwatergreen, MicroShade, DyeMansion, Wiferion, Re-Match, Variolytics, AquaGreen

Arctic Ventures

Investment CompanySE

Arctic Ventures is the angel-investment vehicle managed by Arctic Business Incubator (ABI), investing exclusively in startups admitted to ABI's incubator across northern Sweden, from Skellefteå to Kiruna. It is backed by a network of dozens of business angels together with the state-owned fund Saminvest, and provides seed-stage convertible-loan capital to companies spanning space, industry, gaming and IT.

Backed:Nordic Quick Systems

Superangel

Venture CapitalINTL

Tallinn-based early-stage investor and company builder backing bold tech founders in the Baltics and Nordics.

Backed:Starship, Coalescent, Lightcode

The ecosystem

ALL 1206 COMPANIES →

Who builds, supplies and enables hardtech across the Nordics, from garage startups to industrial giants. Browse by role, phase and vertical.

Airolit

ProductMobility & TransportSE

Airolit designs and manufactures drones for various applications, focusing on innovative solutions in aerial technology.

Windar Photonics

ProductEnergy & GridDK

Windar Photonics is a Danish manufacturer of nacelle-mounted LiDAR sensors for wind turbines, providing retrofit optimisation and monitoring solutions that increase energy production and reduce structural loads.

Smartoptics Sverige AB

ProductComputing & ConnectivityINTL

Provides optical networking solutions for data centers and service providers, specializing in open line systems and transceivers.

Biogas Systems (Biogas Systems Nordic AB / Biogas Systems AB)

ProductEnergy & GridClimate & EnvironmentSE

Sweden's leading supplier of systems for the extraction of biogas and landfill gas, designing, manufacturing and installing anaerobic digestion plants, gas storage, digestion tanks, gas flares and pressure lift systems.

Collo (ColloidTek Oy)

ProductManufacturing & Industrial TechFI

Collo provides industrial customers with high resolution liquid analyzers and related IoT solutions, delivering laboratory-level liquid characterization inline for the food and beverage industry.

Kongsberg Satellite Services (KSAT)

ProductSpaceAerospace & AviationNO

KSAT is a world leading provider of communication services for spacecraft and launch vehicles from its uniquely located global ground network, and provides advanced monitoring services with rapid delivery based on multiple satellite missions.

Orbify

ProductComputing & ConnectivityINTL

Offers a platform for building geospatial applications using satellite data, enabling environmental monitoring.

CathVision

ProductHealth & MedtechDK

CathVision is a medical technology company developing advanced electrophysiology solutions, including the innovative ECGenius System and its AI-driven platform, CARDIALYTICS.

AgriCam

ProductRobotics & AutomationSE

AgriCam develops AI-powered tools for livestock monitoring, including the Bacticam system that identifies common bacteria on farms to improve animal health.

Gaxx

SupplierDistribution & SupplySE

Supplies electronic components and systems for industrial automation and control.

Rapid Dimension

ProductManufacturing & Industrial TechSE

Rapid Dimension builds industrial 3D printers and a digital warehouse solution that combines additive manufacturing with bio-based and recycled materials for circular, on-demand production.

Charge Amps

ProductEnergy & GridSE

Designs and manufactures smart charging solutions for electric vehicles.

One sharp email, every two weeks.

Hardtech news from the Nordics and beyond, new raises, events worth travelling for, and the deadlines you should not miss.

Raising for something innovative, complex and physical? Apply in five minutes. We curate, and your round reaches the readers of the newsletter, including the investors on the map. The list is open for the first entries.

The podcast

ALL 37 EPISODES →

Conversations with the founders and funders of Nordic hardtech.

EP 33

Leo Ballesteros – Atonemo & When to Ignore the Market (At First)

#33: When to Ignore the Market (At First) Leo Ballesteros , founder of Atonemo , joins the podcast to share a brutally honest take on what it actually takes to build a consumer hardware company from scratch. From feature overload to ruthless simplification, this episode is about learning by doing. Every single day. Atonemo is building consumer electronics at the intersection of hardware, software

LISTEN →
EP 16

Anders Hässel och Nenda: Streamingrevolutionen för företag [SWE]

#16. Streamingrevolutionen för företag Anders Hässel , vd och grundare av Nenda , gästar podden och berättar hur bolaget utvecklar en modern streamingplattform för företag – med hårdvara, molntjänster och affärsmodeller anpassade för B2B-marknaden. Målet: att ersätta föråldrade TV‑lösningar med smart, skalbar teknik. Nenda grundades med en tydlig idé: att förändra hur företag inom hotell, vård och

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EP 4

James Campion och TERASi: In i hjärtat av svensk deeptech

#4. In i hjärtat av svensk deeptech James Campion , grundare av TERASi, gästar podden och berättar hur det är att bygga ett deeptech-bolag i Sverige – med rötterna i forskning, blicken mot 6G och finansieringsgapet ständigt närvarande. Vi pratar om teknik, produkt, kapital och politik. Om att utveckla kommunikationssystem för nästa generations nätverk, och varför det ibland känns som att förklara

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EP 5

Rickard Bröms och Vässla: Full gas till fritt fall [SWE]

#5. Full gas till fritt fall Rickard Bröms , grundare av Vässla , gästar podden och berättar hur bolaget gick från Blockets enda elmoppe till internationell elfordonssatsning – och till slut in i rekonstruktion. Vi pratar om produktstrategi, supply chain, kapitaljakt och vad som händer när verkligheten kör över visionen. Men också om hur en idé kan leva vidare, även efter en konkurs. I det här avs

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EP 23

Linda Krondahl från Things: Från hype till handling – hur deeptech blir business [SWE]

Avsnitt 23. Från hype till handling – hur deeptech blir business Linda Krondahl , vd på Things och medgrundare till Ignite Sweden , gästar podden och berättar om sin resa från solenergiprojekt i Indien till att bygga ett nav för deeptech i Sverige. Det här är ett avsnitt om hur affärer slår visioner – och varför svenska storbolag måste vakna. Vi pratar om hur Things blev en katalysator för hardtec

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EP 2

Pär Hedberg och Sting: Startupmaskinen som aldrig stannar

#2. Startupmaskinen som aldrig stannar Pär Hedberg , grundare av inkubatorn Sting , gästar podden och delar insikter från 20 år i svensk startupfront. Vi pratar om varför deeptech kräver en annan sorts investerare, hur man skapar tillväxtbolag i serie och varför varje team behöver någon som gillar fakturering. Sting har sedan starten 2001 blivit en av Europas mest respekterade inkubatorer, med röt

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EP 22

Christoffer Johnsson: Från stock till kod – hur Taigatech transformerar en miljardindustri [SWE]

Det här avsnittet görs i samarbete med The Yard – en coworkingmiljö och verkstad för hardtech-startups i Göteborg. En kreativ plats med industriell känsla för dig som bygger fysiska produkter. Avsnitt 22. Från stock till kod – hur Taigatech transformerar en miljardindustri Christoffer Johnsson , vd på Taigatech, gästar podden och berättar hur bolaget kombinerar AI och industriell automation för at

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EP 34

Max Villman – From Cockpit to Cap Table: Inside Nordic Defense Tech

#34. From Cockpit to Cap Table: Inside Nordic Defense Tech Max Villman , former Swedish fighter pilot and now defense tech investor at Gungnir , joins the Nordic Hardtech Podcast for a grounded conversation on what really matters in modern defense innovation. With first-hand experience from the cockpit and deep exposure to today’s European and Ukrainian defense tech ecosystems, Max shares what fou

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EP 11

Staffan Stymne och T.Loop: Spillvirke för AI-eran

#11. Spillvirke för för AI-eran Staffan Stymne , vd och medgrundare av T.Loop gästar podden och berättar hur de bygger datacenter som både driver AI och balanserar elnätet – med återbruk, överskottsenergi och smart lokalisering som kärna. Med 30 års erfarenhet från energisektorn tog Staffan steget in i tech för att visa att datakraft inte behöver kosta klimatet. I dag bygger T.Loop för den nya era

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EP 19

Jonas Genchel och Zparq: Poddmotorn från KTH som ska driva nästa marina skifte [SWE]

#19. Poddmotorn från KTH som ska driva nästa marina skifte Jonas Genchel , vd och medgrundare av Zparq , gästar podden och berättar hur bolaget utvecklar elektriska poddmotorer från grunden – med egenutvecklad drivlina, styrsystem och batteriteknik. Ambitionen är att göra båtbranschen tystare, grönare och smartare. Zparq föddes ur forskning på KTH och har sedan starten 2020 byggt ett team, säkrat

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EP 7

Claes Kjölhede och Airolit: Svensk hardtech ur ett drönarperspektiv

#7 Svensk hardtech ur ett drönarperspektiv Claes Kjölhede , vd på drönarbolaget Airolit , intervjuas live på Evertiq Expo i Göteborg. Vi pratar om hur man bygger avancerade drönarsystem i Sverige – och vad som krävs för att leverera till både totalförsvar och forskningsvärld. Airolit grundades 2017 för att utveckla UAV/UAS-lösningar för krävande industriella användare. Med fabrik i Mölndal, partne

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EP 32

Daniel Wentz – Greenely & the Rise of the Virtual Power Plant

#32. The Rise of the Virtual Power Plant Daniel Wentz , Chief Product Officer at Greenely , joins the podcast to unpack one of the most interesting shifts in consumer energy: the rise of home batteries, intelligent orchestration, and virtual power plants. With a background leading global connected-device software at Electrolux, he shares why trust and control are the foundation of any energy produ

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Insights

ALL INSIGHTS →

What we have learned about building, scaling and funding hard things in the Nordics.

INSIGHT

Höstens åtta avsnitt – här är lärdomarna och råden

Under hösten det släppts åtta avsnitt där jag intervjuat ledare för hårdvarubolag. Det har varit åtta unika samtal, med gemensamma nämnare. Vad kan andra (hårdvaru)bolagsbyggare lära sig?

READ →
INSIGHT

Robotics That Count: 10 Bold Builders to Watch in the Nordics

A curated field guide to ten Nordic robotics companies showing where autonomy meets industry today.

READ →
INSIGHT

Print, Charge, Scale: Then Go Again

How Exeger's Giovanni Fili built a flexible solar cell platform and factory from scratch against the odds.

READ →
INSIGHT

TALES FROM THE TECH HUB: HARDWARE EDITION på The Yard i Göteborg (2 april)

Välkommen till Göteborgs techarena "The Yard" på ett exklusivt event om hur man bygger hårdvarubolag.

READ →
INSIGHT

Now Launching: Nordic Hardtech

READ →
INSIGHT

Snart nytt år – vem ska jag prata med?

Hårdvarupodden ångar vidare in i 2025 och stora nyheter utlovas i Q1. Samtidigt söker vi fler som vill intervjuas i podden. Vem ska jag prata med i 2025?

READ →
INSIGHT

Under the Surface: How the Nordic Blue Hardtech Wave Is Rising

Nordic hardtech founders are turning to the ocean, building autonomous dredging robots, tidal kites and subsea sensors to drive a new blue economy.

READ →
INSIGHT

The Hardtech Christmas List: What Nordic Founders Really Want

A December reflection on the unglamorous but essential conditions Nordic hardtech founders actually need to keep building.

READ →
INSIGHT

Matter Over Code: The Nordic Path to Resilient Technology

Nordic hardtech founders are pioneering a material renaissance, shifting innovation from silicon and code to advanced physical materials.

READ →
INSIGHT

Why IP Is Your First Investor: And Your Strongest Advantage

Dominic Davies argues founders must treat IP as an early strategic asset, not a legal afterthought, to win investor trust.

READ →
INSIGHT

Human-in-the-Loop: The Economics of Staying in Control

Argues Nordic automation succeeds by keeping humans in the loop, turning oversight into a strategic economic advantage over full autonomy.

READ →
INSIGHT

When Hardware Meets Awesome

Johan Ronnestam argues hardtech brands need archetypes and cultural resonance, not just working tech, to survive AI-driven disruption.

READ →

Partners keep this open

The funding map, the podcast, the events and the newsletter are free for the whole ecosystem, made possible by partners who build Nordic hardtech with us.

LIGHTBRINGER

AI-driven patent filing for tech companies. Protect what you invent, at software speed.

OFFER: Free intro call with Lightbringer's patent team → LIGHTBRINGER.COM ↗
SISP

Swedish Incubators and Science Parks, the national infrastructure for innovation environments.

SISP.SE ↗
RECURO

Growth partner for tech and media companies, from strategy to execution.

RECURO.COM ↗
PARTNER WITH US

Kept accurate by the community

Anyone can suggest an investor, flag an error, or submit an event, a job or a raise. Every suggestion is checked and prepared before it goes live. Nothing publishes unreviewed.

One sharp email, every two weeks.

Hardtech news from the Nordics and beyond, new raises, events worth travelling for, and the deadlines you should not miss.