Gothenburg is the second-largest city in Sweden and one of the biggest startup hubs in the Nordics. Well, it won’t be an exaggeration to say that Gothenburg is a hotbed of tech startups. This shouldn’t be a great surprise as the Chalmers University of Technology is located in the south of Gothenburg and has been fostering skilled engineers year after year.
In recent years, this Swedish city has been getting popular, thanks to the innovative local and expat talent. Eventually, the success of tech startups based in the city has started gaining attention in the business ecosystem. Without further ado, here we have listed some of the innovative Gothenburg tech startups that work with the intention to take the business ecosystem in the city to the next level in 2020 as sourced from Dealroom.
Bokio
Founders: Viktor Stensson
Funding: €7.1 million
Founded year: 2015
Why its hot: The Swedish startup Bokio uses Artificial Intelligence that simplifies the complicated task bookkeeping for small businesses, freelancers, and traders. Bokio acts as a digital assistant and provides support for administrative tasks such as employee expenses, invoicing, reporting, and VAT returns. The interface is user-friendly and designed for first-time business owners.
Metry
Founders: Joel Torkelsson, Magnus Hornef
Funding: €2.1 million
Founded year: 2012
Why its hot: Metry is a global director for energy data, which helps energy consumers discover potential means of saving energy in households, businesses, and buildings. The Metry platform lets energy users collect, organise, and connect their energy data to third-party services. This platform is used by energy utilities, energy service providers, and real estate companies that intend to make energy more engaging and understandable for everyone.
CELLINK
Founders: Erik Gatenholm
Funding: €35 million
Founded year: 2016
Why its hot: CELLINK is a Swedish startup that designs and develops bioprinting technologies that let researchers to 3D print organs and tissues for pharmaceutical and cosmetic industries. The company uses its patent-pending bio-ink, which is a biomaterial innovation letting human cells to grow and thrive similar to their natural environment. By leveraging CELLINK’s technologies, researchers can print liver, skin tissues, cartilage, etc.
Plejd
Founders: Erik Calissendorff
Funding: €3.7 million
Founded year: 2009
Why its hot: Plejd is a Swedish IoT company, which helps its clients and assist them in choosing and creating a truly smart electronic environment. With the latest Bluetooth smart technology and its integrated lighting solution, the company creates a truly powerful yet affordable smart lighting system. The Plejd smart lighting solutions are meant for everyone to enjoy such technologies.
NA-KD
Founders: Jarno Vanhatapio
Funding: €91.7 million
Founded year: 2015
Why its hot: NA-KD is one of the fastest-growing fashion tech companies in Europe. Since its existence, the company creates the hottest fashion trends across the world that are used by celebrities. NA-KD is dedicated to breaking the practice and showing followers what it is like to be unique and stand out from the crowd.
Smart Eye
Founders: Martin Krantz
Founded year: 1999
Why its hot: Smart Eye develops AI-powered eye-tracking technology that understands, predicts, and assists human actions and intentions. It analyses a person’s eye, face, and head movements to draw conclusions about his or her alertness, focus, attention, and mental status among other details. Of late, the eye-tracking technology is embedded in the next-generation vehicles to take the automotive industry towards safety and eco-friendly transportation.
Mat.se
Founded year: 2012
Why its hot: Mat.se is an online grocery store operating with the focus on delivering high-quality food at the right price. The startup delivers goods in an unbroken refrigerated chain with a refrigerated car to the consumers’ doorsteps. It provides a range of food products with weekly menus, inspiring recipes, etc. Mat.se has warehouses across Gothenburg.
Heliospectra
CEO: Ali Ahmadian
Funding: €9 million
Founded year: 2006
Why its hot: Heliospectra is a global leader in the intelligent LED grow lights for greenhouse cultivation and controlled environment horticulture. The company’s products are based on a deep understanding and knowledge of photosynthesis and plant physiology. Heliospectra understands the unique ways of using modern LED technology too.
Trine
Founders: Andreas Lehner
Funding: €6.5 million
Founded year: 2015
Why its hot: The Swedish cleantech startup Trine makes it easy for users to invest in solar energy. Innovative companies get the capital that they need to create a greener future. The investors with Trine get a triple return on their investment that lets them earn a profit and make an environmental and social impact.
ArrivalGuides
Founders: Magnus Aideborn
Founded year: 2004
Why its hot: ArrivalGuides works as a hub for destination content and functions as an all-in-one travel ecosystem that meets all the marketing, content, and booking needs of B2B clients. Many big names such as Hilton, VISA, Eurowings, Rentalcars.com, etc. use ArrivalGuides digital products.
Main image picture credits: Metry
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