Via The Swedish Wire:
Reuters said that Spotify, Mojang, and Wrapp, respectively music, games, and gift services winning online markets worldwide, are among tech start-ups that have made Sweden Europe’s hottest spot for investors hunting the next big thing.
The Scandinavian country is benefiting from a strong heritage in design and engineering as well as a wired population keen for innovation, the report said.
Sweden is attracting more venture capital relative to the size of its economy than any of its European neighbors over the past five years.
Also The Economist said in a spacial in-depth that the Nordic region is becoming a hothouse of entrepreneurship.