Sweden’s Series A median round size more than doubles seed median in 2024
- Series A median round in Sweden was €12.9M in 2024, over 4× seed median
- Series A deals increased from 54 in 2024 to 61 in 2025
- Seed median round size remained steady at €3M in 2024 and 2025
Across the 54 Series A rounds Brouky tracks in Sweden in 2024, the median round size was c12.9 million, 4.3 times the c3 million median seed round in the same year.
The number of Series A deals increased from 54 in 2024 to 61 so far in 2025, indicating a higher volume of startups advancing to this stage. This increase may partly reflect expanding data coverage. Meanwhile, seed rounds maintained a consistent median size of c3 million in both years, with deal counts rising from 94 in 2024 to 111 so far in 2025.
Comparing later stages, Series B rounds in 2024 had a median of c25.3 million, roughly double the Series A median, and Series C+ rounds reached a median close to c83.4 million. These figures show a steep funding scale-up beyond Series A.
Swedish venture capital activity shows a pattern of increasing round sizes with each stage. The steady seed median contrasts with the higher Series A median, although it decreased from c12.9 million in 2024 to c10.0 million so far in 2025.
Related insights
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- Cross-Country AnalysisSpain’s early-stage startups show a 2.7 percentage point higher single-round funding share than Sweden
- Deal SpotlightHeadline raises EUR30.42M Seed backed by British Business Bank
- Deal SpotlightHadrian raises EUR35.68M Series B with ForgePoint Capital, HV Capital and others
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