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.
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.
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.
Sector, HQ-city and program-location breakdowns for the startups associated with H&M. Unlock the full breakdown with StartupBlink Pro.
H&M engages startups through 2 active programs, supporting 41 startups in total based on our database.

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.
| Startup | SB Score | Industry | HQ city | Link Type to Corporation | Linked via |
|---|---|---|---|---|---|
| SB 876 | Fintech | Stockholm | Program Investment | H&M Group Ventures | |
| SB 650 | Ecommerce & Retail | San Francisco | Program Investment | H&M Group Ventures | |
| SB 581 | Software & Data | Stockholm | Program Investment | H&M Group Ventures | |
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