Stockholm is Europe's fourth largest tech hub

In 2021, $65 million was invested in tech companies based in Stockholm, making the Swedish capital Europe's fourth largest tech hub after London, Paris and Berlin. This represents an increase of $40 million compared to 2020.

In 2020, Sweden was third in the ranking but in 2021 Berlin overtook it by a narrow margin.

The figures come from The State of European Tech 2021 report compiled by London-based venture capital firm Atomico.