Algoryx Stimulations

First ever landscape of Swedish AI startups presented

iHubs Sweden First ever landscape of Swedish AI startups presented

Image above: Algoryx Simulations is one of the listed AI startups. Founders of Algoryx Simulations are Martin Servin, Claude Lacoursière, Kenneth Bodin and Anders Backman. Image: Johanna Liljedahl.

Startups have an important role in creating innovation and growth, especially in the field of AI. That is why AI Sweden, Ignite Sweden and RISE are launching the first ever curated landscape of Swedish AI startups. 89 Swedish startups have been selected on criteria such as their use of AI, scalability, access to and use of data, and AI skills of their personnel.

The mapping of AI startups is a part of an ongoing European initiative to create a landscape of AI startups in each country. Within the framework of the Swedish-German Innovation Partnership, Sweden will, after Germany, be the second country to provide a curated landscape of their national AI startups.

“This initiative is creating bridges between European countries, enhancing Europe’s capabilities to be innovative, create value for citizens, and compete globally. In fact, startups are a national resource that can be tools for the whole society for the digital transformation, says Marie Wall, startup expert at the Ministry of Enterprise and Innovation.”

The landscapewill serve as a quality stamp for the selected startups, providing important intel and lowering thresholds for the stakeholders in the innovation ecosystem, investors, government, and academia that have an interest in AI startups.

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