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What’s driving Sweden’s startup boom, from Lovable to Legora

Sweden's startup ecosystem is experiencing a notable boom, highlighted by Lovable's $400 million raise at a $13.3 billion valuation. Other Stockholm-based companies like legal AI firm Legora and health tech startup Neko Health are also achieving significant milestones, drawing attention to the region's growing innovation scene.

Background

Sweden has emerged as one of Europe's most vibrant startup hubs in recent years, producing multiple unicorns including Klarna and Spotify.

Source
TechCrunch
Published
Aug 27, 2026 at 12:00 AM
Score
6.0 / 10