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Boom in Swedish tech start-ups
Thursday, 22 October 2015 14:20

180 investors has invested more than one billion dollars in Swedish tech start-ups so far during 2015., according to Swedish venture capital fund Industrifonden, who recently published a report.

"The Swedish startup sector is booming and continues to punch well above its weight," the report concludes. It adds that business angels, international hedge funds and corporate investors have all invested in the growing tech scene so far in 2015, with foreign donors participating in about 40 percent of all Swedish funding rounds, reports Swedish online newssite The Local.
Music technology, software, gaming and e-commerce were among the key sectors to attract investment.
Following in the footsteps of giants like Skype, Spotify, Klarna, King and Mojang, Stockholm is one of Europe's biggest tech hubs, together with London and Berlin. According to separate research report for an investment firm, Stockholm has the largest number of billion dollar companies per capita outside the Silicon Valley, and is ranked as the second most important IT-cluster in the world.
But there are however concerns about Stockholm's shortage of available apartments. The local and national investment's organisations are working with local municipalties and real estate companies in the area to help with the accommodation needs. Checkin Apartments Stockholm is a provider for temporary accommodation as well as for longer stay rentals, for the tech industry in Stockholm. Checkin's apartments are located conveniently as well for Stockholm's IT-cluster in Kista, as well as for central Stockholm, which also hosts many IT-related companies and start-ups.
Checkin Apartments can help with relocations, as well as for more temporary housing needs.