{
  "id": 13056969,
  "title": "Sweden’s startups will raise $5 billion in 2026. Our secret sauce is 150 years old",
  "url": "https://urgent.news/2026/10/09/swedens-startups-will-raise-5-billion-in-2026-our-secret-sauce-is-150",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-09T07:00:00.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/10/09/why-sweden-will-raise-5-billion-venture-capital-secret-sauce/"
  },
  "original_language": "en",
  "account": "Sweden's startups are poised to raise $5 billion in 2026, a significant increase from $3.2 billion in 2025. This growth is attributed to the innovative spirit of local founders, who are building upon a rich legacy of invention dating back to the late 19th century. The country's success is not a fleeting moment, but a result of a 150-year-old blueprint for corporate success. Key ingredients include fostering an inventor-friendly environment, investing heavily in research and development, and cultivating a culture of decency. Sweden has a long-standing tradition of inventor-friendliness, with strong patent filing rates and a well-educated populace. The government's commitment to R&D, the highest in the EU, enables the development of deep-tech, industrial, and life science industries, which require longer-term success strategies. Furthermore, the Swedish culture of decency creates an environment where engineers can take risks without jeopardizing their families' well-being, and successful entrepreneurs feel a responsibility to support future innovators. As Sweden continues to punch above its weight, it is poised to maintain its position as one of Europe's most investable innovation economies.",
  "summary": "The precedents run so far back that we even have a Swedish word for inventor-founded firms of the late 19th century: snilleföretag or \"genius companies.\"",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}