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Startups & Venture·August 26, 2026·1 min read

What’s driving Sweden’s startup boom, from Lovable to Legora

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Lovable’s $400M raise at a $13.3B valuation in eight months, alongside Legora and Neko Health, shows Stockholm is compounding into a serious late-stage hub, especially in AI and health. If you’re hiring or partnering in Europe, Sweden belongs on your short list for senior talent and co-development, not just early-stage experimentation.

Startups & Venture

Deep Cogito, which develops open-weight models and helps companies build their own specialized AI models, raised a $43M Series A led by TQ Ventures

A $43M Series A for open-weight, company-specific models is more evidence that "own your weights" is becoming a serious enterprise strategy, not just an open-source talking point. If you’re heavily tied to closed APIs, at least scope what workloads would benefit from controllable, in-house models over the next 12–24 months.