Nordic techies have clearly blazed a trail in Europe over the past two decades — consistently punching above their weight.
The region has given rise to global giants like Spotify, Klarna and Skype, and its startup investment per capita far exceeds the regional average for many.
Like most European tech ecosystems, Nordic VC investment took a hit across the board in 2022, falling 29% year-on-year. But growing investor interest in core sectors — such as climate tech and sustainability — and a robust tech culture are tempering Nordic’s tech winter.
This data was sourced from Dealroom and Sifted's startup outreach in the lead up to publication.