15 New Startups Join the Swedish AI Startup Landscape
This latest version of the initiative led by AI Sweden and Ignite Sweden now features 198 AI startups.
October 12, 2022During the past 2.5 years, the project facilitated connections between scaling companies and corporates from Sweden, Estonia, and Finland, converting dialogue into tangible collaborations.
Startups are often told to “think global from day one.” But scaling internationally is easier said than done. That’s where the ScaleAble project, an initiative run by Ignite Sweden, Norrköping Science Park, and Tehnopol, made a difference.
Over the course of 2.5 years, ScaleAble provided scaling companies and corporates with something both sides urgently need: direct access to each other, in the form of carefully curated one-to-one meetings across three countries.
And it worked. During three matchmaking events held in Sweden and Estonia, 132 startups and scaleups sat down with 32 corporates in 273 tailored matchmaking meetings. Remarkably, 50% of these meetings led to follow-up processes, and 17 concrete success stories have already emerged.
Another indication of ScaleAble’s success was the caliber of corporates that joined the journey. The project brought together leading companies from across the region, including Saab, Siemens Energy and Stena Metall from Sweden; SEB, Telia and G4S from Estonia; and Royal Caribbean Group, Valmet Automotive and Fortum from Finland.
The magic of ScaleAble is its laser focus on quality conversations. Each meeting was designed to match corporate needs with solutions offered by scaling companies, whether in energy, securetech, dual-use, or digital innovation.
For corporates, it was a chance to source innovation directly from agile teams solving tomorrow’s problems.
“You can find new ideas, new techniques, that you, in your own space, can’t see. And sometimes you need to go outside of that box to find new solutions that you might not know about or haven’t even thought of,” said Fredrik Tärneberg, Investment Manager at Södra.
For many startups and scaleups, ScaleAble offered first-time access to leaders at multinational companies — connections that might have taken months or even years to establish independently. This unique exposure went far beyond networking, giving startups a fast track into industries often seen as closed or hard to reach.
“It’s great to have the networking opportunity to actually meet the people in these corporates in person. But most of all, it’s the feedback and understanding of what challenges they see in the world today,” noted Elin Sandahl, Co-founder and Business Developer at Swedish startup Norgald.
But ScaleAble’s impact went beyond the ‘matchroom’. Site visits, informal dinners, and cultural exchanges built trust and familiarity between ecosystems that don’t always intersect.
“There are several important aspects of meeting in person, not only the physical meeting itself, where they can get a feel for each other and really discuss and focus on the important points. But also another important aspect of these physical events is the opportunity to meet other corporates and startups and exchange ideas with them,” highlighted Arwin Zendehrokh, Project Manager at Ignite Sweden.
Estonian energy group Enefit participated in two of the matchmaking events and is now moving forward with three collaborations: two proof-of-concepts already underway and one in the planning stage.
For Enefit, the project offered a chance to tackle some very concrete challenges. “One of our aims is to address data quality challenges and establish proper validation to ensure data consistency and reliability,” said Kenneth Hütt, Technology Manager at Enefit.
By teaming up with startups, Enefit has been able to bring in specialized product knowledge in areas such as data validation, automation, and system integration — expertise that helps accelerate development and co-create tailored approaches.
So far, the company and its partners have aligned on proof of value at the architecture level, set up applications, completed initial trainings, and defined scope and requirements.
While it’s still early days with no measurable impact yet, Hütt emphasizes the importance of committing fully to a proof of value process and including all relevant parties from the start. “A structured, well-prepared technical due diligence process is essential, as it enables both sides to demonstrate readiness,” he explained.
Crucially, ScaleAble made this possible. “It has enabled us to more quickly evaluate potential service providers, and to co-develop solutions together with startups based on our use cases,” noted Hütt. Without the project, such international scouting and rapid validation would have taken significantly longer
The final results of ScaleAble show a clear case: structured matchmaking works. It cuts through noise, accelerates business development, and builds long-term trust across borders. Because when scaling companies and corporates sit down at the same table, innovation doesn’t just happen: it scales.
Beyond the impressive numbers, ScaleAble also helped deepen the ties between innovation ecosystems in Sweden, Finland, and Estonia. By building trust between startups, scaleups, corporates and innovation actors across the region, the project laid the groundwork for continued collaboration in the Central Baltic area, a key priority of the EU programme that made ScaleAble possible.
Read more about each ScaleAble Matchday:
First event highlights
Second event highlights
Third event highlights
This latest version of the initiative led by AI Sweden and Ignite Sweden now features 198 AI startups.
October 12, 2022The latest update of initiative led by AI Sweden and Ignite Sweden showcases a total of 197 AI companies from across the country.
May 31, 2023The participating startups and SMEs will help the city of Borlänge reduce the climate impact of commuting.
April 3, 2023Ignite Sweden surpassed the milestone of 2000 tailored matchmaking meetings involving a total of 98 corporates and 342 startups since the program started in 2017.
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