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The startup scene in Sweden
UIC's 2024 annual review covers a supported cohort of 64 companies, including 19 deep-tech companies. The cohort spanned life science (20%), IT/ICT (28%), tech/clean tech (30%), and other industries (22%).
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UIC's 2024 annual review covers a supported cohort of 64 companies, including 19 deep-tech companies. The cohort spanned life science (20%), IT/ICT (28%), tech/clean tech (30%), and other industries (22%).
Uppsala University links UU Innovation and UU Invest AB with UU Projekt AB and UIC in its account of commercialization actors. It describes UU Invest as a holding company and UU Projekt as its pre-incubation subsidiary. The university says researchers generally retain rights to their research results under Sweden's professor's privilege unless otherwise agreed. UIC says its company support does not take equity.
UIC's 2024 review reports that 477 alumni companies since 2013 had 2,317 employees, SEK 4.8 billion in turnover, and SEK 1.6 billion in venture and public funding in 2024. AirForestry says it was founded in 2020, is headquartered in Uppsala, and develops an autonomous electric multi-drone system for aerial forestry. The company reports a €10.3 million funding round, a €2.5 million EIC grant, and €10 million in potential additional equity.
A Uppsala University profile dated September 23, 2025 described Phenaros Pharmaceuticals as a company at Uppsala Science Park focused on AI-supported drug-safety evaluation and then transitioning to the Pixl Bio name. Thermo Fisher says it integrated Uppsala-based Olink in July 2024; the platform measures over 5,400 proteins.
Startup ecosystem standing
Where Uppsala ranks
| Ranking | Edition | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|
 Global Startup Ecosystem Index (cities) | 2025 | #344 | No prior edition | B | Ecosystem, Activity, Finance, Business Climate |
6 organizations with a profile
Who's based in Uppsala
Investors 4
Investor
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Accelerators 1
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Incubators 1
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Your way in
Raising in Uppsala
Investors based here, and the programs that take teams at your stage.
Get investor introsFinding startups in Uppsala
Accelerators and incubators here see the earliest teams first.
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Campuses and communities are where teams form before anyone funds them.
Start scoutingFrom public sources
What the sources say about Uppsala
Thermo Fisher reports the 2024 integration of Uppsala-based Olink and the scale of its protein platform.
Source: Sweden careers and sitesThe university's 2025 profile describes a research-linked Uppsala drug-safety company, then transitioning to Pixl Bio.
Source: Ola Spjuth wins Hjärnäpplet for robotic pharmaceutical labAirForestry reports private financing and EIC support; its stated equity amount is potential, not committed.
Source: About AirForestryAirForestry describes its product as an electric autonomous drone system for forestry.
Source: About AirForestryAirForestry says it was founded in 2020 and is headquartered in Uppsala.
Source: About AirForestryUIC says its company support does not take equity.
Source: About UIC
Questions about Uppsala
How does Uppsala rank as a startup ecosystem?
Its best position is #344 in StartupBlink Index (cities) (2025).
How many startup investors are based in Uppsala?
4 investors based in Uppsala have a profile here, including PÄAB, SLU Holding AB and ExM Investment Partners. The real number is higher.
Are there accelerators or incubators in Uppsala?
Yes. Uppsala has 1 accelerator and 1 incubator on record, including Prosper Ventures and UIC - Uppsala Innovation Centre.
Geographic proximity
Nearby cities to Uppsala
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