TechArena is a Stockholm-based startup platform. Credit: Instagram @techarenan
Based in Stockholm TechArena It aims to secure fresh funds of 1.08 million euros to expand across Europe, and connect thousands more entrepreneurs in a rapidly changing technology and political environment.
Investment comes from backingmindsa Swedish venture capital firm known for supporting overlooked founders. The 1.088 million euro cash injection will help TechArena expand its signature event and launch a new initiative focused on the resilience of innovation across the continent.
“Europe is standing at a key moment for innovation… TechArena is at the heart of creating a thriving innovation ecosystem,” said Susanne Najafi, founder of BackingMinds. TechArenan News. “We have followed the company for over a decade and share a common vision: making capital and networks more accessible to a wider range of outstanding entrepreneurs.”
What is TechArena?
Founded in 2014, TechArena is a rapidly growing entrepreneurship platform that brings together startups, scale-ups, policymakers, investors and industry leaders from over 120 countries.
Its flagship event – includes TechArena Challenge, Top 46and Time to raise – Hosts names such as Sir Richard Branson, Stephen Bartlett and NASA astronaut Jessica Meir.
CEO and founder Omid Ekhlasi said Silicon Canal It’s right to be global.
“The European tech scene has reached an inflection point. Nordic founders are proving that they can build a global category leader. By adopting the model and expanding it now, momentum will be accelerated.”
TechArena’s Explosive Growth
- 600% revenue growth over the past three years
- Over 18,000 participants (founders, investors, companies) have participated in the event over the past year
- Recent pilots in cities like Paris and Munich have proven their scalable interest
It is supported by a booming market. The European business events sector is expected to reach $124 billion (EUR 115 billion) by 2030. TechArena is riding a wave of momentum.
Ekhlasi says entrepreneurs today are beyond venture capital.
“The most common demand from founders is not just investments, it’s access to actual customers,” he said. Silicon Canal.
“Securing commercial transactions or landing pilot projects can be a turning point for validating your business.”
Founders also struggle with regulations, mental health and being suited to the right investors. TechArena aims to support all these issues under one roof.
Ekhlasi believes that the European startup ecosystem has long been behind in the shift in thinking.
“At TechArena 2025… I said that teams and countries will come to the stadium to compete…but we are here to compete.”
Check out all the news from Sweden.
