About Spatial Computing sector in Sweden
The Spatial Computing sector in Sweden comprises 182 companies, including 78 funded companies having collectively raised $358M in venture capital money and private equity. Out of these, 33 are Series A+ funded.
Spatial Computing sector in Sweden has seen 14 acquisitions and 13 IPOs. This represents almost 14.8% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.
This sector includes companies that develop various human computer interaction techniques that are perceived by users as taking place in the real world.
Spatial Computing sector is also known as Spatial Computing Solutions, Advanced Spatial Computing or Digital Spatial Computing.
Includes companies that manufacture AR/VR/XR display devices (head-mounted devices, smartphone-based headsets), gesture recognition hardware and applications, AR/VR applications, and metaverse platforms. Companies providing digital twin platforms are also covered here. Excludes service-based companies developing custom VR applications or digital twins. Companies developing applications and use cases that do not use spatial awareness are not included here.
Top Spatial Computing Companies in Sweden
There are 182 Spatial Computing startups in Sweden which include Hexagon, Dirac, Resolution Games, Volumental, Entropia Universe. Out of these, 78 startups are funded, with 33 having secured Series A+ funding.
2026 has seen the creation of 2 Spatial Computing startups in Sweden. Over the past 10 years, an average of 8 new companies have been launched annually. Notably, several of these startups have been founded by alumni of KTH Royal Institute of Technology, McGill University and Rotterdam School of Management, Erasmus University.
Here is the list of top Spatial Computing startups in Sweden
1. Hexagon
Provider of digital reality solutions combining measurement, positioning, and autonomous technologies. The company solutions drive productivity, quality, safety, and sustainability across aerospace, agriculture, automotive, construction, manufacturing, and mining. It bridge the physical and digital worlds with cutting-edge metrology, reality capture, and positioning solutions – making industries and cities safer, smarter, and more sustainable.
Key facts about Hexagon
- Founded Year: 1975
- Location: Stockholm (Sweden)
- Stage: Public
- Investors: LIFT Ecosystem Accelerator, Aeternum and 7 Others
- Latest Funding Round: Grant (prize money), Apr 30, 2025, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 6 of 576 Competitors
2. Dirac
Developer of digital audio processing technology for improved sound system performance. The technology measures and corrects audio distortions and imbalances in listening environments. It offers audio tools for signal processing across automotive, computer, and mobile devices. The software aims to provide clarity and accurate imaging.
Key facts about Dirac
- Founded Year: 2001
- Location: Uppsala (Sweden)
- Stage: Series B
- Total Funding till date: $50.4M
- Investors: CNI, Inbox Capital and 13 Others
- Latest Funding Round: Series B, May 31, 2021, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 2 of 85 Competitors
VR gaming development studio. It focuses on creating casual games. It has developed multiple VR games including Narrows, Wonderglade, and Bait. The games are available on the Google Play store, and Oculus store. It generates revenue through in-app purchases and paid games.
Key facts about Resolution Games
- Founded Year: 2015
- Location: Stockholm (Sweden)
- Stage: Series C
- Total Funding till date: $38.5M
- Investors: Qualcomm Ventures, Google Ventures and 17 Others
- Latest Funding Round: Series C, Jul 14, 2021, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 2 of 525 Competitors
4. Volumental
Developer of three dimensional foot scanning and footwear fitting technology. This system captures physical measurements to generate footwear recommendations for retail environments. The technology integrates with web stores to provide sizing guidance for online shoppers. It utilizes an engine that processes scan data to match individual foot dimensions with specific shoe models.
Key facts about Volumental
- Founded Year: 2012
- Location: Stockholm (Sweden)
- Stage: Series B
- Total Funding till date: $17.7M
- Investors: Vinnova, Moor Holding and 12 Others
- Latest Funding Round: Series B, Dec 21, 2021, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 1 of 132 Competitors
Developer of a persistent Sci-Fi MMORPG with a real cash economy. It offers players a persistent online world to explore, featuring various gameplay elements including creature control and in-game item acquisition. The game is available on Windows PC and supports multiple languages. Development includes regular updates and release notes detailing new features and improvements. The platform provides a downloadable client and account creation for access to the game world.
Key facts about Entropia Universe
- Founded Year: 2006
- Location: Gothenburg (Sweden)
- Stage: Seed
- Total Funding till date: $500K
- Investors: MindArk and Europa
- Latest Funding Round: Grant (prize money), Dec 01, 2020, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 3 of 364 Competitors
Companies founded year-on-year in the Spatial Computing sector in Sweden
2 new startups have been founded so far in 2026 in the Spatial Computing sector in Sweden. 18 Spatial Computing startups in Sweden were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 3 |
2024 | 3 |
2023 | 1 |
2022 | 9 |
2021 | 8 |
2020 | 18 |
2019 | 13 |
2018 | 15 |
2017 | 9 |
Stage-wise distribution of Spatial Computing sector companies in Sweden
Out of the total 182 Spatial Computing companies in Sweden, 78 have secured funding. Among them, 33 have reached Series A or higher, and 31 to Series B or beyond.
Founded - 182
Funded - 78
Series A+ - 33
Series B+ - 31
Series C+ - 28
Company Stage | No. of companies |
|---|---|
Founded | 182 |
Funded | 78 |
Series A+ | 33 |
Series B+ | 31 |
Series C+ | 28 |
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Funding Trends in the Spatial Computing sector in Sweden
Total funding year-on-year in the Spatial Computing sector in Sweden
The Spatial Computing sector in Sweden saw a total funding of more than $176M in the last 10 years. The most amount of funding was in 2021 at more than $68.2M.
- Total Funding
Year | Total Funding |
|---|---|
2026 | - |
2025 | $5.27M |
2024 | $524K |
2023 | $5.48M |
2022 | $10.3M |
2021 | $68.2M |
2020 | $24.6M |
2019 | $19.6M |
2018 | $29.3M |
2017 | $12.3M |
Recent Funding Rounds in Spatial Computing in Sweden
In the year 2026, till September 2026, Spatial Computing companies in Sweden have raised equity funding across 2 rounds.
Here are some recent, important funding rounds in Spatial Computing companies in Sweden:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6114 | Sep 24, 2026 | ||
Seed | 8648 | Apr 29, 2026 | ||
Seed | 1739 | Oct 29, 2024 | - | |
Series B | 8574 | Oct 10, 2023 | and 4 more | |
Seed | 6711 | Apr 27, 2023 |
Top Investors in Spatial Computing in Sweden
Atomico is the top investor in Spatial Computing companies in Sweden based on number of companies invested.
Here are some top investors in Spatial Computing companies in Sweden:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | - | |
- | ||
Lund (Sweden) | ||
Berlin (Germany) | - | |
Hong Kong (China) | - |
M&A activity in Spatial Computing sector in Sweden
In the year 2024, till October 2024, 1 acquisition happened in Spatial Computing sector in Sweden.
Here are some recent, important acquisitions in Spatial Computing sector in Sweden:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 21, 2024 | ||
Business Acquisition | Oct 04, 2022 | ||
Business Acquisition | Dec 15, 2021 | ||
Acqui-Hired | Nov 24, 2021 | ||
Business Acquisition | Jun 2020 |
Acquisition trends in Spatial Computing sector in Sweden
Here are the acquisition trends in Spatial Computing sector in Sweden:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 1 |
2023 | - |
2022 | 1 |
2021 | 2 |
2020 | 1 |
2019 | 2 |
2018 | 2 |
2017 | 1 |
IPOs in Spatial Computing in Sweden
In the year 2018, till November 2018, 1 IPO happened in Spatial Computing sector in Sweden.
Here are some recent, important IPOs in Spatial Computing sector in Sweden:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 01, 2018 | Nordic Growth Market (NGM) | |
Jun 19, 2017 | Nordic and Baltic regions (NASDAQ OMX) | |
Dec 07, 2016 | Stockholm Stock Exchange (STO) | |
Nov 11, 2016 | Nordic and Baltic regions (NASDAQ OMX) | |
Apr 24, 2015 | Nordic and Baltic regions (NASDAQ OMX) |
Colleges which produce the most Spatial Computing companies in Sweden
Companies founded by alumni from top colleges in the Spatial Computing in Sweden
Most number of Spatial Computing startups in Sweden have been founded by alumni from KTH Royal Institute of Technology, McGill University and Rotterdam School of Management, Erasmus University.
College | No. of companies |
|---|---|
KTH Royal Institute of Technology | 1 |
McGill University | 1 |
Rotterdam School of Management, Erasmus University | 1 |
The University of Queensland | 1 |
Universitat de Barcelona | 1 |
University of California (Los Angeles) | 1 |
University of Oxford | 1 |
Uppsala University | 1 |
Total funding in Spatial Computing companies founded by alumni from top colleges in Sweden
In the last 10 years, University of California (Los Angeles) graduates' Spatial Computing companies in Sweden have raised the most funding among top colleges. University of Oxford alumni are second, and McGill University alumni are third.
College | Total Funding |
|---|---|
University of California (Los Angeles) | $8.37M |
University of Oxford | $4.44M |
McGill University | $430K |
The University of Queensland | $28.4K |
KTH Royal Institute of Technology | - |
Rotterdam School of Management, Erasmus University | - |
Universitat de Barcelona | - |
Uppsala University | - |
Top News in Spatial Computing in Sweden
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Smart Eye Introduces Remote Vital Signs Monitoring for Driver Monitoring SystemsAccess Newswire•Jun 09, 2026•Smart Eye
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Excelitas and Acconeer Sign Strategic Agreement to Expand Presence Sensing SolutionsGlobeNewswire•May 05, 2026•Excelitas, Acconeer
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Smart Eye's Real-Time Alcohol Impairment Detection Named a CES 2026 Innovation Awards(R) HonoreeAccess Newswire•Nov 05, 2025•Smart Eye
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