Funding news · Sep 9, 2026
Soundtrap raises SEK 40M seed round with Industrifonden returning as shareholder
Soundtrap Raises SEK 40M Seed Round
Soundtrap, the Swedish collaborative online audio studio, has raised SEK 40 million in a seed round. The funding was announced on September 9, 2026, and Industrifonden is participating as an investor, returning as a shareholder in the company.
What Soundtrap Does
Soundtrap operates a browser-based digital audio workstation (DAW) designed for music and podcast creation. The platform is built around collaboration, allowing users to work on audio projects online rather than through installed desktop software.
The company is based in Stockholm, Sweden, and its domain is soundtrap.com.
Company Background
Soundtrap has an unusual history for a startup in the audio software space. It was founded in Stockholm and was later sold to Spotify in 2017. After that acquisition, the founders bought the company back.
According to the company description, Soundtrap turned a profit last year. It is now entering a new investment phase, with Industrifonden returning as a shareholder.
Funding Details
- Round type: Seed
- Amount raised: SEK 40,000,000
- Announced date: September 9, 2026
- Investors: Industrifonden
- Lead investor: Not disclosed
The round is classified as seed-stage funding. No lead investor was specified in the funding data.
Why This Round Matters
The raise places Soundtrap in a new investment phase following a period in which the company reported profitability. For a company that has already been acquired once and subsequently repurchased by its founders, the return of Industrifonden as a shareholder signals continued backing from an existing investor.
The SEK 40 million gives Soundtrap additional capital as it operates in the browser-based audio creation market, where it competes for music and podcast creators who want collaborative, cloud-based production tools.
What to Watch
With fresh seed funding and a profitable prior year, Soundtrap's next steps will center on how it deploys the SEK 40 million. The company has not disclosed specific product or expansion plans in the funding data.
For observers tracking the online audio production space, Soundtrap remains a notable case: a Swedish company with a browser-first DAW, a prior exit to Spotify, a founder buyback, and now a new seed round with Industrifonden back on the cap table.