There are plenty of funding options available for innovative deep tech and technological startups thanks to Sweden’s robust grant environment. With strong institutional and governmental support, Sweden’s innovation scene is still thriving as 2025 draws to a close.
Discover how these financing options might support your company by reading our highlights of the main Swedish grants for 2025 in the fields of research, deep tech, and life sciences!
How does the Swedish innovation landscape look like?
With notable progress in artificial intelligence, synthetic biology, quantum computing, and advanced materials, Sweden is seeing an increase in investment for deep technology.
Sweden, which ranked second on the 2024 Global Innovation Index, has strengthened its position as a global innovator in recent years. Over the last five years, Swedish startups have doubled their value to reach €239 billion in worth, demonstrating the impressive expansion of the startup ecosystem.
In addition to stimulating the economy, this expansion has produced a large number of job possibilities; in 2023 alone, Swedish startups generated 138,000 positions worldwide.
Top Public Grants for Swedish Companies
1. Vinnova Innovation Grants
Focus: Technology, sustainability, digital transformation.
Funding: Depends on the specific program and project type, but it ranges from SEK 500,000 to SEK 20,000,000.
Eligibility: Startups and SMEs with innovative projects.
Vinnova, Sweden’s innovation agency, offers substantial support for cutting-edge research and development. In 2025, they’re particularly interested in 6G technology, with funding ranging from SEK 500,000 to 10 million per project.
2. Swedish Energy Agency Innovation Fund
Focus: Energy-efficient and sustainable technologies.
Funding: Up to SEK 10 million.
Eligibility: Startups and SMEs in green energy solutions.
3. SciLifeLab Boost
Focus: Life sciences research.
Funding: SEK 90 million annually (2025-2028).
Eligibility: Researchers and startups in life sciences.
The Swedish government is investing heavily in SciLifeLab to maintain its position as a world-leading research institution.
4. Almi Invest
Focus: Scalable business concepts.
Funding: €90,000 to €1 million.
Eligibility: Startups with high growth potential.
Almi Invest, Sweden’s most active startup investor, manages €340 million in venture capital and has invested in 660 startups since its inception.
Government Support and Funding
The Swedish government is playing a crucial role in fostering innovation:
- Through the largest-ever research and innovation bill, a significant investment of SEK 6.5 billion has been allocated for research and innovation.
- By 2028, the government plans to invest SEK 1.2 billion a year in innovative technology Clusters of Excellence, which will unite academics from all around Sweden to develop cutting-edge innovations.
- The Swedish Innovation Agency, Vinnova, is still investing heavily in a number of areas, with a particular emphasis on 6G technology in 2025.
Are you a Swedish company or investor?
Are you a Swedish company looking for funding or a Swedish investor looking for disruptive startups?
Then, FundingTrip is your site! Create your company profile to seek or offer funding. Our Team of experts will be there to guide you, but you can always send us an email at hello@fundingtrip.com with your inquiries.
