24 Companies Selected for Techarena Challenge 2025

The finalists for the 2025 edition of Techarena Challenge have been announced. The companies come from all over the Nordics and represent a new generation of startups and scaleups building practical, high-impact solutions across different industries such as health, energy, AI, space, fintech, and sustainability. 

“Many of this year’s finalists are growing at a very high pace, creating impact, and getting results in a much shorter time than we’ve seen before,” said Omid Ekhlasi, CEO & Founder of Techarena. “What’s even more impressive is that many of them are addressing global challenges that will have an enormous impact on our lives in the coming years,” Ekhlasi continued. 

The finalists were selected from hundreds of applicants. They will take part in key activities within the Techarena platform throughout the year, starting with The Almedalen Week, Sweden’s largest gathering for politics, democracy, society, and both the public and private sectors.

Setup for Techarena Challenge

In Almedalen, the finalists will exhibit at the Techarena venue, one of the largest private venues during the Almedalen Week, and pitch in front of a jury of renowned investors and entrepreneurs.

The Techarena Challenge features a total of six awards: Startup Company of the Year, Growth Company of the Year, Audience Award, Social Impact Award, Industrial Award, and Dream Award.

All finalists receive an exclusive package including an exhibition stand, accommodation during the event days, tickets to the official TechMinglet, and visibility in Techarena’s channels. The award winners get an exhibition spot at the international event Techarena 2026. Alongside the competition, Techarena also arranges more than 40 panel discussions and seminars in Almedalen over three days, bringing together entrepreneurs, investors, business leaders, decision makers, and experts from different sectors.

Here are the 24 finalists:

AI-BOB: Stockholm-based ConTech startup using AI to detect blueprint errors and ensure regulatory compliance in construction.

ALBA HEALTH: Offers at-home microbiome tests for children, translating gut science into personalized family health advice.

Braive: AI-driven mental health platform expanding access and improving treatment efficiency with data-powered insights.

Cemvision: Develops ultra-low carbon, circular cement, reducing CO2 emissions by up to 95% without performance loss.

Embedl: Optimizes AI for edge devices with tools for faster inference and significant energy savings.

Evroc: Building a sovereign, secure, and sustainable European hyperscale cloud infrastructure.

Heimdall Power: Upgrades analog power grids with sensor and software solutions to optimize capacity and prevent outages.

Ironic Biotech: Produces patented plant-based heme iron proteins 11x more effective than conventional supplements.

LayerLogic: Delivers real-time microbial diagnostics with graphene biosensors for rapid and accurate testing.

Magma (Radish AB): Transforms math education by focusing on student thinking and enabling real-time teacher insights.

Meetric: AI assistant that transcribes, summarizes, and analyzes meetings to streamline follow-ups and insights.

Mylla.se: Connects farmers and food producers directly with buyers through a transparent, efficient marketplace.

Profundus AB: Uses telescope tech to enhance retinal imaging for advanced eye diagnostics and disease detection.

Reedz AB: Creates low-cost, multilingual audiobooks to make literature and education globally accessible.

ReOrbit: ReOrbit engineers the next frontier of space infrastructure—intelligent, software-defined satellites that adapt, defend, and empower.

ReTyre: Designs modular tire systems for easy terrain adaptation and versatile cycling solutions.

Sigrid Therapeutics: Offers drug-free, clinically proven gut solutions to manage blood sugar and metabolic health.

Simulair: Provides immersive simulation-based training tech to enhance safety and skills in various industries.

Solace: AI assistant offering practical and compassionate support for end-of-life planning and services.

Talentium: Reinvents hiring with AI matchmaking to create smarter, more human recruitment experiences.

Vesiro: Develops efficient database software, cutting server energy use by nearly 50% while boosting performance.

Wingbits: The World’s first flight tracking network that rewards contributors based on performance.

YAY: Offers a platform for embedded finance, digital wallets, and smart fund transfers for businesses.

Yazen: App-based weight loss service combining meds, expert care, and personalized coaching for obesity.

This is Techarena Challenge:

An entrepreneurial competition open to all Swedish and Nordic entrepreneur-led companies in the startup and growth phase. The competition has been organized since 2014 and targets companies based on a unique innovation or business idea with the potential to be commercialized on the global market.

Timeline in Almedalen 2025:

Wednesday, June 25:

– Jury pitches on the Techarenan Challenge pitch stage (closed for the public).

Thursday, June 26:

– Finalist pitches on the Techarena Main Stage. 

– Winners announced at the official TechMinglet in Almedalen.

Awards:

• Startup Company of the Year
• Growth Company of the Year
• Audience Award
• Social Impact Award
• Industrial Award
• Dream Award

Winners 2024:

Startup Company Of The Year: Rebaba

Growth Company Of The Year: Tandem Health

Audience Award: Hypertype

Social Impact Award: Cellfion

Industrial Award: Flower