The GoWest event, held from January 28 to 30, emerged as a focal point for startups, scale-ups, and investors in the Nordic innovation ecosystem. Concentrating on pre-seed, seed, and Series A funding stages, the event facilitated strategic networking and showcased innovative advancements spanning multiple industries. Companies presented their latest developments, while global investors connected with emerging businesses through matchmaking opportunities. GoWest underscores the growing momentum of Nordic entrepreneurship and international collaboration.
What is the purpose of GoWest?
GoWest stems from a broader initiative to boost capital availability in West Sweden by enhancing the region’s visibility to investors and partners. Initially launched in 2014 as Connect2Capital by Connect Väst, and rebranded in 2022 by GU Ventures, it has grown into a prominent avenue for startups seeking funding and collaboration. By fostering connections among entrepreneurs and venture capitalists, the event aims to drive economic innovation and support the startup ecosystem.
How does this year’s event compare to prior editions?
The 2025 iteration of GoWest featured increased global participation and a diversified range of industries compared to earlier editions. While previous events primarily focused on networking, this year’s forum emphasized investment commitments and company-specific announcements in sectors such as artificial intelligence, sustainability, and digital health. The shift reflects broader trends in venture capital, where investors increasingly prioritize impact-driven businesses and scalable technology solutions.
Shift4Good announced a successful fund close of €220M, aimed at decarbonizing transportation. This achievement stands out as it surpasses the typical fundraising size for first-time European VC funds. Similarly, Copenhagen-based Cerebriu secured €18.2M to enhance its AI-powered MRI solution, Apollo, targeting efficiency and accuracy in diagnostic imaging. Forsway, another participant, secured €2.3M from the European Space Agency to advance 5G satellite connectivity systems, showcasing the diversity of industries represented at GoWest.
Other notable developments include Phenaros Pharmaceuticals’ €1.06M pre-seed funding to accelerate AI-driven drug discovery and Gothenburg-based Intended Future receiving grants for sustainable automotive projects. Companies like Truckzter and Digiclean Solutions also highlighted their growth and technological advancements, underscoring GoWest’s role in promoting innovative solutions for pressing global challenges.
Looking back, GoWest’s evolution from a regional venture forum to a platform with global reach demonstrates the increasing significance of Nordic countries in the startup ecosystem. Past events were more regionally focused, while this year marked a pivot to international partnerships and larger-scale investments, reflecting the shifting dynamics in venture capital markets.
GoWest continues to solidify its position as a critical networking hub for early-stage startups and venture capitalists. By attracting diverse participants, it fosters innovation and economic advancement. Observers should monitor its next editions as it further integrates global investors and startups into the Nordic ecosystem.
