The Northbound Show

Fredrik Hjelm: Why Sweden Is Winning Right Now

31 min · 25. juni 2026
episode Fredrik Hjelm: Why Sweden Is Winning Right Now cover

Beskrivelse

In this episode of The Northbound Show, host Ken Villum Klausen sits down with Fredrik Hjelm, co-founder and CEO of Voi — and, as Ken puts it, if not the king of Swedish tech, then at least its crown prince. The two go deep on the question Ken keeps circling back to: why is Sweden exploding right now, and can Stockholm really become Europe's Silicon Valley? Fredrik makes the case that it all starts with culture — a builder mindset that runs from Sweden's industrial past through Skype, Spotify, and Klarna to today's wave of AI companies — backed by network density, risk-willing capital, and a healthier relationship with both success and failure. Along the way, Fredrik unpacks how Voi became one of the only scaled micro-mobility companies to make it through the brutal "scooter wars" without restructuring, bankruptcy, or wiping out its cap table — and why focus, frugality, and discipline are the boring details that compound. He also opens up about Pit, his new venture turning human business operations into digital labor, freshly backed by a $16M round led by Andreessen Horowitz. Plus a running campaign to reinstate the Kalmar Union. This episode is powered by Lunar. Hosted by Ken Villum Klausen, The Northbound Show brings together Nordic founders and leaders for long-form conversations about how small nations consistently build companies with outsized global impact. Because the Nordics' greatest export isn't a product. It's a mindset.

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episode Fredrik Hjelm: Why Sweden Is Winning Right Now cover

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In this episode of The Northbound Show, host Ken Villum Klausen sits down with Fredrik Hjelm, co-founder and CEO of Voi — and, as Ken puts it, if not the king of Swedish tech, then at least its crown prince. The two go deep on the question Ken keeps circling back to: why is Sweden exploding right now, and can Stockholm really become Europe's Silicon Valley? Fredrik makes the case that it all starts with culture — a builder mindset that runs from Sweden's industrial past through Skype, Spotify, and Klarna to today's wave of AI companies — backed by network density, risk-willing capital, and a healthier relationship with both success and failure. Along the way, Fredrik unpacks how Voi became one of the only scaled micro-mobility companies to make it through the brutal "scooter wars" without restructuring, bankruptcy, or wiping out its cap table — and why focus, frugality, and discipline are the boring details that compound. He also opens up about Pit, his new venture turning human business operations into digital labor, freshly backed by a $16M round led by Andreessen Horowitz. Plus a running campaign to reinstate the Kalmar Union. This episode is powered by Lunar. Hosted by Ken Villum Klausen, The Northbound Show brings together Nordic founders and leaders for long-form conversations about how small nations consistently build companies with outsized global impact. Because the Nordics' greatest export isn't a product. It's a mindset.

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