From Spotify to Minecraft, Sweden Proves Fertile Ground for Unicorns
Bloomberg 3 hrs ago Charles Daly
(Bloomberg) Sweden’s capital has bred more tech unicorns per capita than any other region in the world save for Silicon Valley.
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Spotify Technology SA and Minecraft maker Mojang AB put Sweden on the map for startups valued at more than $1 billion and spawned a new generation of entrepreneurs. The Nordic country ranked first in Europe in cumulative capital invested per capita in the past five years, ahead of Ireland and the U.K., according to a tech industry report by venture capital firm Atomico.
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