FashionTech Startups in Sweden

Joseph Michael
Feb 8, 2018 · 5 min read

FashionTech is where the fashion industry and tech industry converge.

Investments in FashionTech startups grew from $50 million to $2.8 billion in just five years, and it seems to keep growing.

The fashion industry itself is worth $2,4 trillion, so there is bound to be plenty of room for technical innovation.

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Landscape of the Fashion Industry

Sweden is home to leading fashion brands such as H&M, Acne Studios, WeSC and Filippa K.

On top of that, Sweden’s capital Stockholm has a widely recognized tech community that is making headlines around the world. In a city that has the highest percentage of the workforce that work in tech and where programmer is the most common job there is an interesting combination of tech and other industries. Fashion is no exception.

Here are some of the leading FashionTech startups in Sweden:

Neue

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Virtusize

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NA-KD

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Apprl

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Ivyrevel

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Reve

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Stylistas

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Clique

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Volumental

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Vinnova

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Vinnova, Sweden’s Innovation Agency, recently funded a number of FashionTech projects and startups. A total sum of 13 million SEK (about $1,6M) was awarded to 7 projects. The projects include wearables, smart textiles and new types of fitting solutions for e-commerce. A full list of the projects can be found here (in Swedish).


The Global Change Award

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Using leftovers from winemaking to create vegan leather, making vegan leather made from algae, using byproducts from citrus juice to create a new textile.

These are just some examples of the winners of The Global Change Awards in Sweden. The Global Change Award is an innovation challenge by H&M Foundation, in collaboration with Accenture and the KTH Royal Institute of Technology in Stockholm.

The annual Global Change Award is one of the world’s leading challenges for early stage innovation, and

It’s the largest initiative of its kind in the fashion industry aimed at early stage innovation, sustainability and social impact.

Read more about Global Change Award here.


You can find more articles about Stockholm based startups on my Medium page here.

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