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.

180
Investors mapped
1249
Ecosystem companies
37
Podcast episodes
8,000+
Newsletter readers

The funding map

ALL 180 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.

Prota Ventures

Venture CapitalINTL

Prota Ventures is a venture-building and early-stage investment firm headquartered in Chicago, founded in 2016, that invests financial and non-financial capital in technology startups from concept to launch. No Nordic office, partner, or portfolio company has been identified, so its inclusion on a Nordic map is questionable.

Backed:Bird Buddy, CarlsMed, Glidance

Bring Ventures

Corporate VentureNO

Bring Ventures is the corporate venture arm of the Norway Post Group, investing in early-stage companies focusing on sustainability and digitization within logistics and related sectors.

Volvo Group Venture Capital

Corporate VentureSE

Corporate venture arm of Volvo Group, founded in 1997 and based in Gothenburg with a second office in Greensboro, US. Invests in startups across electrification, logistics services, site solutions and climate tech, with over 80 investments to date including direct startup stakes and commitments to sector-focused venture funds.

Backed:CPAC Systems, Peloton Technology, Momentum Dynamics

Norrsken VC

Venture CapitalSE

Impact venture capital fund investing in startups solving the world's greatest challenges.

Backed:Heart Aerospace, Northvolt, Einride

Nordfas Invest AB

Investment CompanySE

Nordfas Invest AB is a Gullspång, Sweden based family investment company owned by the Lööf family. Its core holding is Partex Marking Systems, a global manufacturer of industrial wire, cable and component marking systems, and it has more recently backed the youth wellness app SoulBuddy.

Backed:Partex Marking Systems

Revalence Ventures

Venture CapitalSE

Revalence Ventures is a Stockholm based venture firm investing in founder operated technology companies from seed to Series A. Its confirmed backing spans fintech, retail tech and defence tech, including Klarna, Apprl and the Norwegian defence simulation and training startup Levato.

Backed:Nordic Air Defence

Sätila Impact

Investment CompanySE

Sätila Impact Investment is a Gothenburg, Sweden based impact investment firm founded in 2008 as a subsidiary of Sätila Holding, investing in early-stage companies that address social and environmental challenges across areas like renewable energy, food security, animal welfare and water and sanitation.

Backed:Sistema.bio, PulPac, Build up Nepal, Ljusgårda, EMPE Diagnostics, Nordic SeaFarm, Amferia, Supernormal Greens

Linnea Capital

University Venture EntitySE

A seed fund co-founded by Uppsala Innovation Centre, investing in early-stage tech and life science startups.

Backed:Altris, Percyroc, Deversify

Centripetal

Investment CompanySE

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

Backed:Occlutech, Einride, Voi

Chalmers Ventures

University Venture EntitySE

The startup incubator and investment arm of Chalmers University, supporting deep tech ventures from research to market.

Backed:Atlantic Quantum, Modvion, Parakey

Node.vc

Venture CapitalSE

Early-stage venture fund investing in Nordic B2B software and platform startups.

Backed:Vaja, Tobii, Volumental

I Love Lund

Investment CompanySE

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.

Backed:LifeFinder, Sensative, Stirlingversal, TrackPaw Scientific, Uman Sense, Valkyr Defense Systems, Cyclicor, Avidicare, BeammWave, Melisono, Re:notch Energy

The ecosystem

ALL 1249 COMPANIES →

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

Suturion

ProductHealth & MedtechSE

Suturion develops innovative solutions for surgical wound closure.

Wärtsilä

ProductEnergy & GridEnergy Storage & BatteriesFI

Wärtsilä is a global leader in innovative technologies and services shaping the decarbonisation of marine and energy, including grid-forming battery energy storage systems.

Svea Solar

ProductEnergy & GridSE

Provides solar energy solutions including panels, batteries, and EV chargers for residential and commercial use.

Brodit AB

ProductConsumer HardwareSE

Brodit AB manufactures custom mounting solutions for electronic devices in vehicles, focusing on safety and user convenience.

EuroSpaceport

ProductAerospace & AviationSpaceDK

EuroSpaceport builds Northern Europe's offshore and land-based spaceport for rocket and satellite manufacturers, enabling sea-based satellite launches from the North Sea.

IXI (formerly Pixieray)

ProductHealth & MedtechFI

IXI, formerly Pixieray, develops adaptive eyeglasses that dynamically adjust focus using liquid lens technology to enhance visual comfort and clarity.

Flic

ProductConsumer HardwareSE

Creates smart buttons and devices for controlling smart home applications.

Elaway

SupplierServices & EngineeringNO

Provides electric vehicle charging solutions for housing communities and property owners.

Stella Futura

ProductEnergy & GridSE

Offers energy storage solutions and services, including battery systems and financing models to accelerate the green energy transition.

Sigma AB

SupplierServices & EngineeringSE

Sigma offers consulting services in IT, engineering, and R&D, supporting clients in digital transformation and product development.

Verisure

ProductDefence & SecuritySE

Provides monitored security solutions for homes and businesses.

Chip & Circuit AB

SupplierDistribution & SupplySE

Supplies electronic components and PCBs for various industries.

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 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

LISTEN →
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

LISTEN →
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

LISTEN →
EP 36

Monica Bellgran – Produktionsänglar & Sveriges bortglömda konkurrensfördel [SWE]

36. Produktionsänglar & Sveriges bortglömda konkurrensfördel Monica Bellgran , vicerektor för innovation vid Mälardalen Universitet och medgrundare av Produktionsänglar , gästar podden för att prata om en av hardtech-världens mest underskattade utmaningar: att gå från prototyp till produktion. Från industrialisering och leverantörskedjor till automation, AI och geopolitik förklarar hon varför så m

LISTEN →
EP 14

Ramtin Massoumzadeh och Quandify: IoT som rinner rakt in [SWE]

#14. IoT som rinner rakt in Ramtin Massoumzadeh , vd och medgrundare av Quandify , gästar podden och berättar hur de byggt en patentskyddad, icke-invasiv vattenmätare – och tagit sig från KTH-labb till lönsam IoT-skala. Quandify utvecklar smart vattenmonitorering utan att riva rör. På några år har de växt till ett team på 20 personer, över 40 MSEK i omsättning och en teknik redo för internationell

LISTEN →
EP 6

Karin Ebbinghaus – Från bilbana till elväg: så elektrifierar Elonroad transportsektorn [SWE]

#6. Från bilbana till elväg: så elektrifierar Elonroad transportsektorn Karin Ebbinghaus , vd på Elonroad , gästar podden och berättar om hur bolaget transformerar sättet vi laddar elfordon – från stationär laddning till dynamiska elskenor som ger energi medan fordonet rullar. Det är en berättelse om hur ett experiment i Lego blev ett bolag med CE-märkta produkter, internationella kunder och ambit

LISTEN →
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

LISTEN →
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

LISTEN →
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

LISTEN →
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

LISTEN →
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

LISTEN →
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

LISTEN →

Insights

ALL INSIGHTS →

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

INSIGHT

Building Before You Ask for Permission

Atonemo's founder explains how reduction, timing and restraint shape consumer hardware development.

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

Geography Is Now Part of the Product

Asia's rising tensions are turning geography into a core engineering and procurement variable for Nordic hardtech firms.

READ →
INSIGHT

Congrats Lovable – A Cautionary Tale for Deeptech?

Lovable just became Europe’s latest unicorn – and it’s a win for Swedish innovation. But deeptech founders, take note: speed isn’t everything. If capital keeps chasing AI hype, critical climate and resilience tech may get left behind.

READ →
INSIGHT

Vi är live!

På rekordtid (?) har vi gått från idé till handling och skapat Hårdvarupodden.

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

Vi är tillbaka – snart!

Efter en framgångsrik beta-period under våren, med massor av positiv feedback, så kommer Hårdvarupodden att återlanseras under hösten. Nya avsnitt inom kort! Vill du hjälpa till?

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

From stubbornness to breakthroughs: the case for difficult founders

Industrifonden's Mala Valroy explains why she backs stubborn, bold deep tech founders over comfortable, consensus-seeking ones.

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 →
INSIGHT

Livepodd i Göteborg på Evertiq-mässan

Torsdag den 19 september besöker podden Evertiq-mässan i Göteborg för att intervjua två intressanta bolag live på scenen: Airolit och Frontside. Jag (Jonas) står även på mässgolvet för samtal.

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 →

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.