Invest Stockholm has screened 95 health tech companies to identify the “hot” investment cases, and Brighter, Camino Care, CareLigo, Encare, Hnry and Minnity are now added to the hotlist, joining the 17 health tech companies that are already on the list.
The 95 health tech companies selected (selection made by Invest Stockholm in collaboration with Stockholm Science City, and revenue and number of employees based on information from allabolag.se) for the screening employ a total of 858 employees and together they generate a revenue of SEK 1,42 billion.
An increased interest from international investors
“It’s a great time to be an investor in health tech in Sweden. There are a lot of interesting Stockholm-based companies emerging and the outlook is promising. As a generalist tech investor, we started looking at the sector a couple of years ago, having seen more deal flow and activity in the space. Since then, we’ve seen almost a four-fold increase in the number of start-ups.” says Marta Sjögren, Partner at venture capital firm Northzone.
“We see an increased interest from international investors and companies looking for industrial collaborations with Stockholm health tech companies. Just the fact that there are over 95 health tech companies that are at the forefront of some truly exciting health tech developments, shows that we have a critical mass of talent and opportunities in the Stockholm region,” says Ylva Hultman, Head of Life Science Investment Promotion at Invest Stockholm.