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.

175
Investors mapped
1191
Ecosystem companies
37
Podcast episodes
8,000+
Newsletter readers

The funding map

ALL 175 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.

Nea Partners

Investment CompanySE

Growth equity investor supporting mature tech companies in the Nordics with active ownership.

Backed:Qvantum, Hammerglass, VisionSense

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

Centripetal

Investment CompanySE

Invests in early-stage climate tech startups that aim to accelerate decarbonization through scalable innovation.

Backed:Occlutech, Einride, Voi

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

LiU Invest

University Venture EntitySE

LiU Invest is the investment company within LiU Holding, owned by Linköping University. It backs early-stage companies commercializing research and student projects from the university, typically investing up to 500,000 SEK per round, and works alongside sister companies LEAD (incubator) and Unitalent.

Backed:Agricam AB, ArgusEye, Cellfion, Dazoq, Epishine, Fluolink, HPViCo, Ligna Energy AB, LunaMicro, MIMSI Materials, Nano Textile Solutions, Polar Light Technologies, Quantum Beam Optics, Radar Reticence, Sindri Labs, Sonicflora, SweGaN, VOC Diagnostics, Westra Materials, SeaPattern

Kichi Invest

Investment CompanySE

Kichi Invest is a Stockholm private investment firm founded in 2016 by Oscar Ingdahl and Paradox Interactive founder Fredrik Wester, backing Nordic growth stage companies with a broad mandate spanning SaaS, consumer brands and fintech. Its clearest hardtech bet is electric motorcycle maker Stark Future, alongside stakes in Epidemic Sound, Marshall Group, Estrid and Lunar.

Backed:Stark Future

Vasa Angels

Angel networkSE

Vasa Angels is a Gothenburg-based business angel investment vehicle connected to GU Ventures, co-investing with the state-owned Saminvest and around 22-24 business angels in pre-seed and seed rounds sourced from GU Ventures' incubator.

Backed:NSS Water, Nanolyze

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

Active Invest

Investment CompanySE

Active Invest Sweden AB is a family-owned Swedish investment group founded by Johan Enocson that combines a wood-industry division, Surewood Industries, with an investment arm holding around 30 companies across various sectors.

Backed:Quantal RF, Sequana Medical, WTS Positioning Solution

Spiltan Invest

Investment CompanySE

Investment firm with a long-term perspective focused on Swedish entrepreneurial companies.

Backed:Sura Magnets, Carbomax

Trio Impact

University Venture EntitySE

Trio Impact Invest is a Swedish deep-tech venture capital fund established by the holding companies of KTH, Karolinska Institutet, and Stockholm University, combining private and public capital, including EU regional development funding, to back early-stage, research-intensive companies in Sweden. As a newly formed vehicle it does not yet have a disclosed standalone portfolio; its track record so far sits with the founding university holding companies.

Backed:N/A

Eviny Ventures

Corporate VentureNO

Eviny Ventures is the ~50 MEUR corporate venture capital arm of Norwegian energy utility Eviny, based in Bergen, investing from Seed to Series A in startups accelerating the electrification and energy transition across the Nordics and northern Europe, with roughly 20 portfolio companies and 3 exits to date.

Backed:Heimdall Power, Zinus, Really!, Cartesian, Photoncycle, Tequs, Amina, Voltfang, Bergen Carbon Solutions

The ecosystem

ALL 1191 COMPANIES →

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

Arxlight AB

ProductDefence & SecuritySE

Arxlight AB provides fortified IT, Telecom, and energy systems designed to meet modern cyber and EMP challenges, serving high-security sectors.

Aerowash

ProductManufacturing & Industrial TechSE

Aerowash develops and manufactures automated aircraft washing robots, offering equipment and services for exterior aircraft cleaning to airlines and airports globally.

Cind

ProductManufacturing & Industrial TechSE

We develop and deliver automated measurement and data collection systems for the logistics and forest industries, powered by advanced computer vision software.

Brokk

ProductRobotics & AutomationConstruction & Built EnvironmentSE

Brokk is the world's leading manufacturer of remote-controlled demolition robots, headquartered in Skellefteå, Sweden.

Traktorarvid AB

ProductRobotics & AutomationSE

Distributor of agricultural tractors and equipment, primarily focused on Valtra machinery sales and service.

Kista Science City

EnablerScience ParkSE

Promotes innovation and development in ICT and life sciences in the Kista region.

Katla Aero

ProductMobility & TransportSE

Develops electric vertical take-off and landing (eVTOL) aircraft for urban mobility.

Vanadis Energy

ProductEnergy Storage & BatteriesSE

Vanadis Energy delivers advanced vanadium solid-state batteries offering superior safety, long life, and scalable performance for next-generation energy storage.

TioTech AS

SupplierEnergy Storage & BatteriesNO

TioTech AS is a Norwegian manufacturer of titania (titanium dioxide) nanomaterials and a developer of titania-based technologies, producing the TitanB anode material for Li-ion batteries.

Saga Robotics

ProductAgri & Food TechRobotics & AutomationNO

Saga Robotics delivers UV-C mildew control, AI-driven data services, and robotic farm automation with the autonomous robot Thorvald.

Coolbrook

ProductManufacturing & Industrial TechEnergy & GridFI

Coolbrook's revolutionary rotating technology combines space science, turbomachinery, and chemical engineering to replace burning of fossil fuels across all major industrial sectors.

TracInnovations

ProductHealth & MedtechDK

TracInnovations is a Danish company established in 2015 focusing on innovative solutions for image-based diagnosis. TracInnovations has developed the Tracoline system, an MRI Markerless Motion Tracker and Monitoring System that unnoticed records patient's head movements during brain scans.

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 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 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 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 31

Mala Valroy – Industrifonden & the State of Deep Tech 2025

#31. Industrifonden & the State of Deep Tech 2025 Mala Valroy , Investment Manager at Industrifonden , joins the podcast to share her journey from biochemistry and startups to leading investments in deep tech. With Industrifonden’s unique evergreen model, she breaks down what it really takes to earn a term sheet in 2025, why relationships matter more than pitch decks, and how resilience and sustai

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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 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 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 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 21

Madelene Näslund: Business Region Gothenburg – Live from The Yard [ENG]

🤝 This episode is produced in collaboration with The Yard — a combined coworking space and machine hall for startups in Gothenburg. A unique workspace with industrial feeling. Check out their memberships or take a tour . Episode 21 – Gothenburg Rising: Where Legacy Meets Innovation Madelene Näslund from Business Region Gothenburg joins us to explore why the city is emerging as a leading Nordic har

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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 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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Insights

ALL INSIGHTS →

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

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 →
INSIGHT

Now Launching: Nordic Hardtech

READ →
INSIGHT

Betting the House on 15-Year Subscriptions

Elvy Energy's CEO explains why flat-rate 15-year energy subscriptions could become the future default for households.

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

Emilia Brandt on Why Growth Needs More Than Grit: and How Recuro Delivers

Recuro's new CEO explains why smart structure, not brute force, is what actually drives hardtech growth.

READ →
INSIGHT

Gillar du podden? Betygsätt den!

Hårdvarupodden har funnits sedan juni 2024. Vi kommer fortsätta expandera under 2025 och fler nyheter kommer inom kort. Podden finns för lyssnarna – inget annat. Så, hur kan vi bli ännu bättre?

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

Predictions for 2026

Nordic and European hardtech voices share predictions on AI, energy resilience, robotics and Europe's push to lead in 2026.

READ →
INSIGHT

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

Built in Sweden? Only if you survive the manufacturing gap first

Monica Bellgran explains why Swedish hardware startups bring in industrialization too late and what that risks.

READ →
INSIGHT

The Hard Way: The Nordic Way

Nordic hardtech founders keep choosing complex, regulated, physical-world industries over easy, fast-scaling opportunities.

READ →
INSIGHT

The EU–US Trade Deal has Landed – Why the Nordic Hardtech Ecosystem Must Act Now

A 15% tariff just hit Nordic exports to the US. Here’s why it’s a wake-up call for hardtech — and what we must do next.

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.