Nexit and the innovative Swedish mobile market

What are the start-up trends in Sweden today?

The most noticeable trend is the focus on mobile oriented solutions and services. Most mobile start-ups today are internet oriented rather than service provider focused. The success of iPhone and AppStore has really generated a lot of new innovation lately.

What about the entrepreneurs?

A steady flow of new entrepreneurs together with the seasoned players are providing a good foundation for the next generation of Swedish start-ups. Sweden has reached critical mass of entrepreneurs and the start-up community is today a permanent fixture in the market.

Is the vc market working?

In Sweden we have seen a significant growth in active angel investors to complement the VCs. Start-ups today are quite often bootstrapped and generally more capital efficient than a few years ago.

What is Nexit doing?

We are very active in the start-up scene and work with a number of potential companies to establish the first cornerstones of the Nexit’s portfolio in the country.