Startup boom continues -- Stockholm tech and health firms attract record investment

A total of $1.2 billion was invested between January and June this year, dwarfing the $892 million that was invested during the whole of 2015. At the same time, the number of investments swelled, from 90 in 2015 to 111 so far this year. “We clearly see that the activity level in the local startup community is increasing and that more international investors are finding their way to Stockholm,” said Joseph Michael of Invest Stockholm. Like last year, companies in financial technology continued to attract most investments, with 20 finalized rounds in total. The biggest difference in this year’s investments is the focus on healthcare and wellness startups. Media, e-commerce, recruitment, and sales and marketing startups also closed new investment rounds. (Swedish Wire)



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