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.
The funding map
ALL 157 INVESTORS →Every Nordic investor with documented hardtech investments, plus the grants and public instruments that fund the other half of the journey from lab to factory.
Spark Capital
Venture capital firm investing in early-stage technology companies across industries including software, marketplaces, and fintech.
Longrun Capital
Invests in science-based and IP-driven deep tech ventures that aim to solve global challenges.
Innovation Norway
Norway's state-owned instrument for grants, loans and guarantees to innovative companies, spanning early oppstartstilskudd startup grants through billion-kroner risk loans for battery gigafactories under the green industrial push. In 2025 it deployed 9.4 billion NOK across grants, loans and guarantees, with rolling applications year round.
Novax
Investment arm of the Axel Johnson Group focused on long-term partnerships in health, sustainability, and future retail.
Prima Materia
Founded by Daniel Ek, invests in moonshot projects and long-term deep tech solutions to advance humanity.
Prota Ventures
Early-stage venture-building and investment firm supporting technology startups from concept to launch.
Innovestor
Innovestor is a Helsinki based venture capital firm founded in 2014, investing in early-stage technology and life science startups across the Nordic and Baltic regions through its Technology Fund, Life Science Fund and Angel CoFund, alongside a corporate venturing arm and a commercial real estate business.
Antler
Global early-stage venture capital firm with a dedicated always-on residency model in the Nordics, investing from day zero through Series C.
I Love Lund
I Love Lund is a publicly listed (Spotlight Stock Market, ticker LOVE B) local investment company founded in 2017 and headquartered in Lund, investing broadly across sectors with a focus on pre-seed, seed and Series A rounds in early-stage, mostly unlisted companies with a strong Lund connection. Its portfolio today comprises roughly 50 holdings spanning fintech, medtech, femtech, IoT sensors, defense/dual-use, materials and life science, alongside shareholder network and mentoring activities.
Pale Blue Dot VC
Climate-focused VC fund based in Malmö, investing in early-stage tech startups addressing the climate crisis.
LiU Invest
Investment company linked to Linköping University, backing startups with research and student roots.
Fiftyfive Capital
Danish VC investing in growth-stage companies in lifestyle, software, and hardware across Europe and the U.S. Formerly Nordic Eye.
The ecosystem
ALL 998 COMPANIES →Who builds, supplies and enables hardtech across the Nordics, from garage startups to industrial giants. Browse by role, phase and vertical.
AutoStore
AutoStore develops robotics and advanced software to automate and orchestrate order fulfillment, offering cube-based storage automation systems.
Katla Aero
Develops electric vertical take-off and landing (eVTOL) aircraft for urban mobility.
Myrtleed Innovation
Provides commercialization support for deep tech innovations, bridging the gap between research and market. Formerly Myrtle Ed Innovation.
Haylo Ventures
Geofy
Offers fixed-price energy subscriptions to help homeowners reduce electricity bills.
ECAPS
Develops green propulsion systems and rocket engines for the space industry.
Satlab
Aalborg-based manufacturer of CubeSat components (transceivers, radios) and ground station equipment for small satellites, spun out of Aalborg University's AAU Satlab student satellite program.
Eupry
Eupry provides fully automated temperature, humidity, CO2 and differential-pressure compliance solutions—wireless data loggers, sensors and a digital monitoring platform—for pharma, biotech and healthcare logistics.
Caltech AB
Caltech AB provides technical consulting services, focusing on electronics and software development for various industries.
RCO Security AB
RCO Security AB manufactures and markets electronic keyless lock products and solutions for home and business, focusing on access control and alarm systems.
GKN Aerospace
Global aerospace manufacturer delivering components and systems for civil and defense aviation.
Invisio Communications
Develops advanced communication systems for defense and security forces.
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.
Open raises
SEE WHO IS RAISING →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 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 28 Dominic Davies – Lightbringer & the Patent Reboot: From Legal Grind to Founder Speed [ENG]
Episode 28: From Legal Grind to Founder Speed Dominic Davies , co-founder of Lightbringer , joins the pod to talk patents, automation and founder-first IP. With a background in both software and patent law, he’s now building a system that aims to replace the traditional patent firm entirely — starting with the needs of deeptech startups. From knowledge graphs to GPT-3, Lightbringer was born out of
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EP 20 Ted Elvhage: Rymdkapital & Expansion Ventures – The Nordic Case for Space [ENG]
Episode 20 – The Nordic Case for Space Ted Elvhage , founder of Rymdkapital and Expansion Ventures , joins us to talk spacetech, hardtech investing, and why Europe needs to catch up. From early bets like Pythom Space to advice for angel investors—this is a fast, sharp dive into one of hardtech’s most complex frontiers. Rymdkapital is a Sweden-based investment firm focused on early-stage spacetech
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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 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
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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 13 Giovanni Fili från Exeger: att bygga ett imperium cell för cell [SWE]
#25. Att bygga ett imperium cell för cell Giovanni Fili , grundare och vd för Exeger , gästar podden och berättar hur bolaget tagit fram en helt ny typ av solcell – och byggt en fabrik runt visionen. Det här är berättelsen om hur svensk deeptech trotsar oddsen: från egenutvecklade nanopartiklar och patenterade elektroder till en fullt automatiserad fabrik mitt i Stockholm. Powerfoyle, Exegers ljus
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EP 29 Johan Outinen – Elvy & the Energy Subscription Play: 15 Years of Heat, Trust and Risk [ENG]
#29. Elvy & the Energy Subscription Play: 15 Years of Heat, Trust and Risk Johan Outinen , CEO and co-founder of Elvy Energy , joins the pod to explain why households should lock in their energy for the next 15 years, and how simplicity can unlock the transition. Elvy Energy is rewriting the rules of home energy with flat-rate subscriptions that cover installation, insurance, maintenance, and even
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EP 24 Henrik Jonsson och agood company: Cirkulärt varvet runt – mobilskalet som vill rädda planeten [SWE]
#24.Cirkulärt varvet runt – mobilskalet som vill rädda planeten Henrik Jonsson , vd på agood Company , gästar podden och berättar hur bolaget bygger cirkulära konsumentprodukter i stor skala – med lokal produktion som vapen mot klimatkrisen. Från en idé om att sälja direkt till konsument till att i dag samarbeta med jättar som Deutsche Telekom – här är berättelsen om hur hållbarhet blev affär. Ago
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EP 27 Karoly Szipka – IPercept & the CNC Whisperers: From PhD to Predictive Power [ENG]
Episode #27 – IPercept & the CNC Whisperers: From PhD to Predictive Power Karoly Szipka , founder and CEO of IPercept , joins the podcast to share how a research project on machine efficiency became a fast-scaling deeptech company with some of Europe’s largest industrial players as customers. With AI, patented hardware, and a “fitness tracker” for CNC machines, IPercept is redefining predictive ma
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EP 12 Dora Palfi and imagi: From Neuroscience to Neon Pixels
Episode #12: From Neuroscience to Neon Pixels with imagi Dora Palfi , co-founder and CEO of edtech company imagi , joins the podcast to talk about building tools that make tech education more accessible, playful — and empowering, especially for girls. With a background in both neuroscience and computer science, Dora shares her journey from research to entrepreneurship, and how imagi is redefining
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EP 17 Alexander Osika om Glorb, SNRGY och att kickstarta hårdvara på riktigt [SWE]
#17.Om Glorb, SNRGY och att kickstarta hårdvara på riktigt Alexander Osika , vd och medgrundare av SNRGY Studios , gästar podden och berättar hur teamet tog Glorb – ett smart ljuskonstverk – från idé till marknad. Med bakgrund från Plejd och Einride, och med en passion för produktdesign, har Alexander blivit en av Sveriges mest spännande hårdvarubyggare. Här delar han resan bakom Glorb – från prot
LISTEN →Insights
ALL INSIGHTS →What we have learned about building, scaling and funding hard things in the Nordics.
Less is More: How Flic Pushed the Button on Scalable Hardware
How Flic turned a simple Bluetooth button into a profitable, VC-free global hardware business.
READ →
INSIGHT The game beneath the game
Elite football's technology stack, from smart balls to computer vision, shows how Nordic hardtech is proving itself on the pitch.
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 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 Built to Endure: How Nordic Hardtech Turns Fear into Function
Explores how fear, war, and geopolitical uncertainty are reshaping Nordic hardtech into a driver of resilience and dual-use innovation.
READ →Who Makes the Nordic Hardtech Canon?
A playful editorial ranks the inventions and companies that define Nordic hardtech's lasting industrial legacy.
READ →
INSIGHT The Deeptech Funnel: Why European Legacy Industry Must Stop Being a Spectator
Argues European legacy industry must engage deeptech startups earlier, during the demonstration phase, instead of waiting for finished technology.
READ →
INSIGHT Geography Is Back On The Map
Eight Nordic hardtech firms show that staying close to factories and industry can be a competitive edge, not a limit.
READ →Karoly Szipka on Making Machines Talk: and Building a Business Around It
IPercept's founder explains how CNC diagnostics and machine data could save Europe's aging industrial expertise.
READ →Beta-perioden är över - vad nu?
Under våren har vi spelat in fem avsnitt av Hårdvarupodden för att testa konceptet.
READ →
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 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 →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.
AI-driven patent filing for tech companies. Protect what you invent, at software speed.
LIGHTBRINGER.COM ↗ SISPSwedish Incubators and Science Parks, the national infrastructure for innovation environments.
SISP.SE ↗ RECUROGrowth partner for tech and media companies, from strategy to execution.
RECURO.COM ↗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.