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Last year marked a remarkable year for Stockholm’s technology scene, with a number of start-ups receiving high profile investments and several reports highlighting the region’s competitive edge. During 2014, Stockholm was ranked as the world’s second fastest growing market for venture capital investments in technology. The Swedish capital was also ranked as the world's most ICT-mature city.
Tech firms like Klarna, King, Mojang and Truecaller gained massive international attention after landing investments from private fundraising, IPOs and takeovers.
“In the last few years, Stockholm has become one of the most talked-about places in the world thanks to its apps, games and digital services," British newspaper the Independent wrote in an article about the Swedish tech scene.
Stockholm's success also didn't go unnoticed on the sub-continent, with Indian newspaper the Economic Times gushing about how the city's "entrepreneurial climate has proved beneficial to technology companies from Ericsson and Skype to Spotify and King”.