A new industry report by the City of Stockholm calls attention to the pivotal role of PropTech (property technology) in achieving sustainability worldwide. The report presents the history and future outlooks of the fast-developing industry, as well as the requisites for PropTech success. Analysis of Sweden’s own innovation-supporting ecosystem and interviews with its central players presents a blueprint for creating global impact.
says Roger Tofft, Founder and CEO of PropTech Sweden.
The report proposes that PropTech is fueled by the urgent need to meet the United Nations’ Sustainable Development Goals. Furthermore, it illustrates PropTech’s potential for helping to solve these complex environmental, social and technical challenges. For example, how PropTech-engineering can be used to address Climate Action, Good Health and Well-being, Clean Water and Sanitation, Affordable and Clean Energy, and Sustainable Cities.
Sweden is at the forefront of PropTech development, and the Stockholm region is a central hub in the ecosystem. The report identities approximately 230 startups, grouped into categories by the type of offering or problem that they solve. Many Swedish companies offer impactful solutions, but the global scaling of these innovations remains a challenge requiring further funding and international networks.
With its vibrant startup ecosystem, Stockholm is a global leader in entrepreneurship, impact investment and sustainability, and is among the top cities for attracting PropTech startups and investors. The city has developed a unique brand of success based on a tradition of cooperation and a common agenda that today is aligned with the Sustainable Development Goals.
comments Jenny Berthling, Project Manager, Invest Stockholm.
The new report clearly shows that Stockholm has all the preconditions for creating successful startups and strengthening the global PropTech ecosystem. Tomorrow’s grand challenges are yet to be solved, but Sweden and Stockholm continue to lead the way towards a brighter tomorrow.
Download the report here.
For more information, please contact:
Jenny Berthling, Head of Fintech and responsible for Stockholm Fintech Guide, Invest Stockholm, +46 (0)7047 28 008, firstname.lastname@example.org
Roger Tofft, PropTech Sweden: email@example.com
Invest Stockholm is the official investment promotion agency of Stockholm. We work with the marketing and development of the Stockholm region as a business destination under the brand Stockholm – The Capital of Scandinavia. Invest Stockholm is a subsidiary of Stockholm Business Region, owned by the city of Stockholm.