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H&M Startup Programs & Corporate Open Innovation Analysis Ecommerce & Retail · Retail

H & M Hennes & Mauritz AB (H&M) is a Swedish multinational retail-clothing company, known for its fast-fashion clothing for men, women, teenagers, and children. H & M Hennes & Mauritz AB comprises six independent brands: H&M, COS, Monki, Weekday, Cheap Monday and & Other Stories. H&M’s design team creates sustainable fashion for all, always at the best price. The collections include everything from dazzling party collections to quintessential basics and functional sportswear – for women, men, teenagers and children, and for every season or occasion. In addition to clothes, shoes, bags, jewelry, makeup, and underwear there is also H&M Home – fashionable interiors for children and adults.
hm.com Stockholm, Sweden Founded Available with StartupBlink Pro

In StartupBlink's Corporate Startup Activity Index, H&M ranks #88 globally and #3 in Sweden. It ranks #9 in the Ecommerce & Retail industry and #4 in the Retail subindustry.

Global
Corporate Startup Activity Index
#88
Industry
Ecommerce & Retail
#9
Subindustry
Retail
#4
National · Sweden
Corporate Startup Activity Index
#3
More Ranked Corporates
Key metrics

H&M Startup Activity Metrics

H&M has supported 41 startups through programs and investments, with those companies raising a combined $7.3 billion over the last ten years. The company currently operates 2 active startup programs.

Overview

Explore H&M's investments, startup programs, and corporate open innovation activity

H&M has deployed more than $50 million in startup investments through H&M Group Ventures and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.

The company currently runs 2 active startup programs supporting 41 startups worldwide across industries such as Ecommerce & Retail, Energy & Environment, Fintech, and Foodtech. Its venture arm H&M Group Ventures has invested in over 40 startups since it was founded in 2015.

The corporate-innovation activity is concentrated in Ecommerce & Retail, Hardware & IoT, and Software & Data, categories where H&M's scale provides outsized leverage to early-stage startups.

Activity breakdown

Where H&M-associated startups operate

Sector, HQ-city and program-location breakdowns for the startups associated with H&M. Unlock the full breakdown with StartupBlink Pro.

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Sector, HQ-city, and program-location breakdowns for all 41 startups associated with H&M are part of StartupBlink Pro.

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Programs & CVC

H&M Startup Programs and Corporate Venture Capital initiatives

H&M engages startups through 2 active programs, supporting 41 startups in total based on our database.

H—
H&M — Corporate Self
Corporate Venture / Investment
Investment Program
4 startups
H&M Group Ventures
H&M Group Ventures
Corporate Venture / Investment · est. 2015
Investment Program
"H&M Group Ventures supports startups creating sustainable and innovative solutions for the fashion industry."
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List of Startups

Top startups associated with H&M

H&M's top 5 associated startups have raised 88% of the $7.3 billion raised in the last ten years across all 41 associated startups, led by Klarna at $5.6 billion. H&M is associated with 39 active startups and 2 exits. H&M Group Ventures supports the largest number of startups, with 40 associated startups.

Disclaimer: This is based on general open web search and prone to mistakes.

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Startups associated with H&M
StartupSB ScoreIndustryHQ cityLink Type to CorporationLinked via
KlarnaKlarnaSB 876FintechStockholmProgram InvestmentH&M Group Ventures
PrintifyPrintifySB 650Ecommerce & RetailSan FranciscoProgram InvestmentH&M Group Ventures
BudbeeBudbeeSB 581Software & DataStockholmProgram InvestmentH&M Group Ventures
Showing 3 of 41 startupsExport to CSV →Pro

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Corporate Startup Activity Index · 2025

Global Corporate Open Innovation Rankings

Explore the top 372 corporations in StartupBlink's Corporate Startup Activity Index. H&M ranks #88 globally and #3 in Sweden. It accounts for 3.4% of the measured corporate startup activity in the Ecommerce & Retail industry and 15.4% of the activity generated by corporations in Sweden. Unlock more granular data on each corporation with StartupBlink Pro.

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