The Nordic hardtech community
For everyone building hard things in the Nordics.
Hardtech is innovative, complex and physical. It takes longer to build and more capital to scale, and the knowledge lives in few places. Nordic Hardtech exists so the people who build it, fund it and enable it can find each other.
The funding map
ALL 155 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.
Eviny Ventures
Eviny Ventures is an approx 50 meur CVC fund investing in seed-stage tech in the renewable energy value chain. Our office is in Bergen, Norway and geographical focus is Nordic + northern Europe.
GU Ventures
University of Gothenburg’s venture firm supporting research-based startups in life science, tech, and impact.
Noon Ventures
Early-stage VC backing sustainable innovations and companies addressing major societal challenges.
Dacke Industri
Industrial group investing in companies with proprietary products and technical expertise. Focus: Industrial, Technology
Further Than Capital
Early-stage investment firm supporting impact-driven startups solving global challenges.
Vasa Angels
Angel investor network associated with GU Ventures, investing in early-stage startups.
Jinderman & Partners
Investment firm focused on active, long-term ownership in Swedish growth companies.
Scaleup Europe Fund (managed by EQT)
A €5 billion target-size growth fund established by the European Commission together with a group of European investors and managed by EQT, aimed at closing Europe's scaleup funding gap for strategically important technology companies.
Expansion Ventures
European VC firm focused on science-based and sustainable innovations with global potential.
Seven District
Early-stage VC focusing on scalable Nordic tech companies, especially B2B SaaS and digital platforms.
Wicked Angels
Angel network investing in early-stage startups with a focus on female founders and diversity.
The ecosystem
ALL 923 COMPANIES →Who builds, supplies and enables hardtech across the Nordics, from garage startups to industrial giants. Browse by role, phase and vertical.
Starflow
Starflow is building a seamless platform with smart inverters, solar, batteries, and EV chargers to monitor, manage, and optimize your home's energy.
Lindholmen Science Park
Facilitates collaboration between industry, academia, and public sector in innovation projects.
Nordcad AB
Provides electronic design automation (EDA) software solutions and training for PCB design and simulation.
Skellefteå Science Park
Skellefteå Science Park supports innovation and entrepreneurship in northern Sweden, focusing on sustainable technologies.
Koenigsegg
Manufacturer of high-performance hypercars featuring proprietary technologies.
Novanik AB
Develops advanced security solutions and technologies for defense applications, focusing on resilience and innovation.
Piteå Science Park
Piteå Science Park is a hub for innovation and development, supporting businesses and projects in creative and technology sectors.
Victor Hasselblad AB
Manufactures high-end cameras and imaging equipment.
Elproman AB
Supplies cable management and wiring products for industry and automation.
Fingerprint Cards AB
Develops biometric systems, including fingerprint sensors and related software.
Boden Business Park
Boden Business Park focuses on creating optimal conditions for new businesses to start, existing businesses to grow, and companies to relocate, fostering a dynamic business environment.
Samey Robotics
Samey Robotics designs, manufactures and installs bespoke automation and robotic systems for the food processing industry, especially salmon and fish handling.
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 30 Per Brickstad – Transparent & the Quest for Timeless Tech
#30. The Quest for Timeless Tech Per Brickstad , founder and chief designer at Transparent , joins us in our 30th episode – a milestone worth noting. Transparent is on a mission to become the world’s first circular tech brand, building modular and upgradable audio gear that challenges consumer electronics’ throwaway logic. From a Stockholm design studio to a global hardware company, this is the st
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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 37 Lisa Eriksson (KTH Innovation) – Building Europe’s Deeptech Pipeline
37. Building Europe’s Deeptech Pipeline Lisa Eriksson , Head of KTH Innovation and CEO of KTH Ventures , joins the Nordic Hardtech Podcast to discuss what it takes to turn world-class research into venture-backed companies. KTH Innovation supports hundreds of founders, researchers and students every year, helping transform ideas into startups across fields such as AI, energy, semiconductors, life
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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 9 Isabella Palmgren och Mimbly: Cleantech, bokstavligt talat [SWE]
#9. Cleantech, bokstavligt talat Isabella Palmgren , vd och grundare av Mimbly , gästar podden och berättar hur ett studentprojekt från Chalmers blev ett prisbelönt cleantech-bolag med global potential. Mimbox minskar såväl vattenförbrukning som mikroplaster och är byggd för att fungera i verkligheten, inte bara i labbet. Vi pratar om vägen till en säljbar produkt, hur man skalar en hårdvarulösnin
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EP 26 Alexander Engl – Build, Share, Repeat: How Makerspace and ihopa Enable Hardware for the Masses [ENG]
Episode #26 Build, Share, Repeat: How Makerspace and ihopa Enable Hardware for the Masses Alexander Engl joins the pod to talk about Stockholm Makerspace – a member-run 24/7 creative hub that empowers hardware builders, tinkerers and early-stage founders to bring physical ideas to life, without public funding or gatekeepers. We explore how the space grew to 1000+ members, how it's staying independ
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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 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 35 Tomas Becklin – Teaching Infrastructure to Speak Animal with Flox
#35. Teaching Infrastructure to Speak Animal with Flox Tomas Becklin , CTO and co-founder of Flox , joins our podcast to explain how AI, acoustics and edge computing can reduce conflicts between wildlife and critical infrastructure. Flox builds systems that identify animals in real time and play sounds they instinctively understand, guiding behavior without fences, barriers or harm. In this conver
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EP 18 Stina Lantz och SISP: Så bygger vi ett starkare innovationssystem
#18.Så bygger vi ett starkare innovationssystem Stina Lantz , VD på SISP (Swedish Incubators and Science Parks), gästar podden och berättar om inkubatorernas och science parks roll i det svenska innovationssystemet. Med bakgrund som entreprenör, affärsutvecklare och programledare för Ignite Sweden har Stina jobbat med över 1300 startups. I dag leder hon SISP – en medlemsorganisation som samlar 63
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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
LISTEN →Insights
ALL INSIGHTS →What we have learned about building, scaling and funding hard things in the Nordics.
Europe Doesn't Have an Innovation Problem
KTH Innovation's Lisa Eriksson argues fragmentation, not lack of innovation, holds back Europe's deeptech scaleups.
READ →When infrastructure thinks like nature
Flox's CTO explains how edge hardware, acoustics and AI guide wildlife away from roads, railways and airports.
READ →
INSIGHT Vi är live!
På rekordtid (?) har vi gått från idé till handling och skapat Hårdvarupodden.
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 →Gothenburg Rising: where legacy meets innovation
An analysis of how Gothenburg's industrial legacy and collaborative culture are fueling its rise as a Nordic hardtech hub.
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INSIGHT Nordic Hardtech x Lightbringer: IP just got interesting!
Tired of slow, expensive patents? Lightbringer flips the script. Discover how AI-driven IP can help you protect ideas, raise capital, and build real leverage.
READ →Beta-perioden är över - vad nu?
Under våren har vi spelat in fem avsnitt av Hårdvarupodden för att testa konceptet.
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.
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INSIGHT The Validation Economy
Donut Lab's battery claims show how independent validation itself becomes strategic currency in deep hardware.
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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 →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 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 →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.