No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 28, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Startups

Swedish Institute and Business Sweden launch Pioneer Prize award

by TheAdviserMagazine
6 months ago
in Startups
Reading Time: 4 mins read
A A
Swedish Institute and Business Sweden launch Pioneer Prize award
Share on FacebookShare on TwitterShare on LInkedIn


The Swedish Institute and Business Sweden have jointly launched the Pioneer Prize, a new award focused on recognising emerging innovation in sectors including climatetech and healthcare.

The initiative aims to promote Sweden’s role in global business and technology. Sweden, for a country of 10 million, has previously produced companies such as Skype, Klarna, Spotify, and Mojang Studios, as well as firms like IKEA, Saab, Scania, and Volvo.

The Pioneer Prize has announced its eight startup nominees. Public voting will be open both in Sweden and internationally until Monday, 12 May.

Madeleine Sjöstedt, Director-General of the Swedish Institute, says, “Sweden has a long and proud history of producing companies which fundamentally reshape an entire industry or space. It’s with this in mind that we have launched the Pioneer Prize: to continue and further strengthen the internationalisation of Swedish companies, while demonstrating Sweden’s ability to produce solutions to current global challenges.”

Pioneer Prize finalists announced ahead of Expo 2025

Eight startups have been nominated for the Pioneer Prize, selected from over 200 alumni of Business Sweden’s Catalyst scaleup programme.

Jan Larsson, CEO of Business Sweden, says, “Business Sweden exists to help Swedish companies excel overseas, while attracting external investors and talent to consider Sweden as a destination in which to do business.”

“We hope that in celebrating the latest crop of Swedish innovation – recognising their unique way of achieving impact at-scale, and improving our world – we can draw attention to our Catalyst programme, which has been a stepping stone for some of our country’s best entrepreneurs and companies.”

A jury of professionals from investment, venture capital, and the startup sector narrowed the list from 24 candidates. Jurors include Karolina Bjurhed (Industrifonden), Markus Hökfelt (SEB Green Tech Fund), Sofia Högman (Trade Commissioner of Sweden to India), and Marek Kissa (NordicNinja VC).

The winner will be announced on 14 May 2025 during Sweden’s National Day at Expo 2025 in Osaka. 

The event will feature a Swedish delegation including HM King Carl XVI Gustaf and Minister for Foreign Trade and International Development Cooperation, Benjamin Dousa. The winning startup will also present to the business delegation at the expo.

Meet the nominated startups!

Blue Ocean Closures

Blue Ocean Closures, a company based in Karlstad, develops and produces closures made from cellulose fibre. These closures are designed for use in packaging and are made using pulp fibres from managed forests. The materials are bio-based, break down in nature, and can be recycled as paper.

Candela

Candela, based in Stockholm, designs and manufactures electric boats and ferries for both professional and leisure use. The company uses hydrofoil technology to improve efficiency and reduce energy use in marine transportation. 

Candela aims to support a shift away from fossil fuel-powered vessels by advancing the performance of electric alternatives.

Cemvision

Cemvision, based in Stockholm, produces cement that offers a significant reduction in CO2 emissions compared to traditional Portland cement. The product is made using recycled industrial materials and kilns powered by renewable energy, operating at lower temperatures. Cemvision’s cement reaches early strength faster than conventional options, which can support higher productivity in construction.

CorPower Ocean

CorPower Ocean, headquartered in Stockholm, designs, builds, and operates wave energy farms. The company focuses on converting ocean waves into renewable energy as part of its mission to support long-term energy needs.

Elonroad

Elonroad, based in Lund, has created a conductive charging system that integrates rails into road surfaces, allowing electric vehicles to charge while in motion or parked. The system addresses challenges related to battery size and cost by enabling continuous energy transfer without traditional charging stations.

GreenIron

GreenIron has developed patented technology designed to reduce emissions in the metal, mining, and manufacturing sectors. The process is energy-efficient and operates without fossil fuels. GreenIron focuses on building a value chain that includes ore extraction, metal recycling, and steel production.

Modvion

Gothenburg-based Modvion is a technology company focused on engineered wood solutions. It designs and builds wind turbine towers using wood instead of steel or concrete, aiming to lower emissions in wind power production. The company sees engineered wood as both a construction material and a carbon sink.

Neola Medical

Neola Medical, based in Lund, has developed Neola, a device that provides continuous monitoring of lung function in premature infants. The system uses a spectroscopic method to track changes in lung volume and oxygen concentration, offering real-time alerts for potential complications. The company aims to support better outcomes for preterm infants and reduce the time spent in intensive care.

Brief about the Swedish Institute

The Swedish Institute (SI) is a public agency that promotes interest and trust in Sweden internationally. Its work includes sharing information about Sweden, supporting exchanges and partnerships, and analysing how Sweden is perceived abroad. 

SI focuses on areas such as Sweden promotion, cooperation in the Baltic Sea region, and global development. It facilitates international exchanges, offers study grants, supports language education, and markets Sweden as a study destination. 

It also funds leadership programmes and alumni networks, aiming to build long-term relationships with individuals and organisations around the world.

To support its efforts, SI monitors global media, conducts studies, and tracks Sweden’s rankings in international indexes. The agency’s work is financed primarily through the Swedish state budget, with around SEK 294M (nearly €26.80M) allocated to grants and scholarships, much of which comes from the Swedish aid budget. 

Trust in Sweden is a central element in all of SI’s activities, influencing trade, tourism, education, and international cooperation.



Source link

Tags: AwardBusinessInstitutelaunchPioneerPrizeSwedenSwedish
ShareTweetShare
Previous Post

AI healthcare costs management co Healthee raises $50m

Next Post

Why Evogene Ltd. (EVGN) Soared on Monday

Related Posts

edit post
Delft-based DAB.bio secures new funding from Navus Ventures and others to advance fermentation technology

Delft-based DAB.bio secures new funding from Navus Ventures and others to advance fermentation technology

by TheAdviserMagazine
October 28, 2025
0

Dutch firm DAB.bio secures new investment from Navus Ventures and Capricorn Partners for the commercialisation of intensified continuous fermentation.ContentlockrDelft-based DAB.bio,...

edit post
The AI Transformation of the Professional Services Industry

The AI Transformation of the Professional Services Industry

by TheAdviserMagazine
October 27, 2025
0

At York IE, we have always believed that the professional services industry is about more than delivering outputs. It is...

edit post
TechCrunch Disrupt 2025: How to watch Astro Teller, Startup Battlefield, and more live

TechCrunch Disrupt 2025: How to watch Astro Teller, Startup Battlefield, and more live

by TheAdviserMagazine
October 27, 2025
0

TechCrunch Disrupt 2025 is here! If you’re still on the fence about attending in person, dive into the extensive schedule...

edit post
The Weekly Notable Startup Funding Report: 10/27/25 – AlleyWatch

The Weekly Notable Startup Funding Report: 10/27/25 – AlleyWatch

by TheAdviserMagazine
October 27, 2025
0

The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of...

edit post
Valence-based Dracula Technologies secures €30M in Series A round to power IoT devices with light instead of batteries

Valence-based Dracula Technologies secures €30M in Series A round to power IoT devices with light instead of batteries

by TheAdviserMagazine
October 27, 2025
0

Valence, France-based Dracula Technologies announced the successful completion of its Series A extension round, bringing the total Series A funding...

edit post
Accel and Prosus team up to back early-stage Indian startups

Accel and Prosus team up to back early-stage Indian startups

by TheAdviserMagazine
October 26, 2025
0

Storied investors Accel and Prosus have launched a new investment partnership to back Indian startups from day zero, targeting founders...

Next Post
edit post
Why Evogene Ltd. (EVGN) Soared on Monday

Why Evogene Ltd. (EVGN) Soared on Monday

edit post
The 14 Largest Global Startup Funding Rounds of March 2025 – AlleyWatch

The 14 Largest Global Startup Funding Rounds of March 2025 – AlleyWatch

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Estate Planning Myths That Can Haunt Families

Estate Planning Myths That Can Haunt Families

0
edit post
Dollar mixed as investors eye central bank decisions, trade talks

Dollar mixed as investors eye central bank decisions, trade talks

0
edit post
Unlocking Stock Market Success: Why You Should Embrace the Skew

Unlocking Stock Market Success: Why You Should Embrace the Skew

0
edit post
Why Republics Will Collapse | Armstrong Economics

Why Republics Will Collapse | Armstrong Economics

0
edit post
Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above alt=

Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above $0.8 Still In The Cards

0
edit post
12 Future Tax Traps Gen Z May Run Into Before Age 30

12 Future Tax Traps Gen Z May Run Into Before Age 30

0
edit post
Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above alt=

Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above $0.8 Still In The Cards

October 28, 2025
edit post
Trump says he is prepared to send ‘more than the National Guard’ into US cities

Trump says he is prepared to send ‘more than the National Guard’ into US cities

October 28, 2025
edit post
183 Million Credentials Stolen, Including Millions of Gmail Logins. Google Says Reports Are ‘Greatly Exaggerated.’ Are Your Details Safe?

183 Million Credentials Stolen, Including Millions of Gmail Logins. Google Says Reports Are ‘Greatly Exaggerated.’ Are Your Details Safe?

October 28, 2025
edit post
Nokia shares jump on B Nvidia investment to grow AI networking, cloud footprint (NVDA:NASDAQ)

Nokia shares jump on $1B Nvidia investment to grow AI networking, cloud footprint (NVDA:NASDAQ)

October 28, 2025
edit post
Risks, Shifts & Strategic Design

Risks, Shifts & Strategic Design

October 28, 2025
edit post
AI-fueled cyberattacks make security more challenging

AI-fueled cyberattacks make security more challenging

October 28, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above $0.8 Still In The Cards
  • Trump says he is prepared to send ‘more than the National Guard’ into US cities
  • 183 Million Credentials Stolen, Including Millions of Gmail Logins. Google Says Reports Are ‘Greatly Exaggerated.’ Are Your Details Safe?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.