Swedish Materials AI Small Caps

SFA Engineering

Market Cap: ₩677.9b

Manufactures and sells display equipment, logistics systems, secondary battery, semiconductor equipment, material handling, and special business equipment in South Korea and internationally.

Bridgeline Digital

Market Cap: US$13.7m

Operates as a marketing technology company in the United States, Canada, and internationally.

White Pearl Technology Group

Market Cap: SEK 421.3m

Engages in selling various technology solutions and products in Sweden, Africa, the Middle East, Asia, and Latin America.

CeriBell

Market Cap: US$688.3m

Operates as a medical technology company in the United States.

Nanoform Finland Oyj

Market Cap: €75.4m

Engages in the provision of nanotechnology and drug particle engineering services for the pharma and biotech industries in Europe and the United States.

Lumir

Market Cap: ₩178.0b

Engages in the satellite system development business in South Korea.

Shenzhen Dobot

Market Cap: HK$12.9b

Specializes in the development, manufacturing, and commercialization of collaborative robots, known as "cobots" in China and Hong Kong.

Odysight.ai

Market Cap: US$65.8m

Develops, produces, and markets visual monitoring artificial intelligence (AI) solutions in Israel, the United States, and internationally.

Shenzhen FRD Science & Technology

Market Cap: CN¥24.6b

Shenzhen FRD Science & Technology Co., Ltd.

TerraSkyLtd

Market Cap: JP¥33.5b

Provides cloud products and solutions in Japan and internationally.

Aiforia Technologies Oyj

Market Cap: €59.3m

Together with its subsidiary, Aiforia Inc., provides AI-based image analysis software used in clinical, preclinical, and academic laboratories to pathologists and researchers in Finland, rest of Europe, North America, and internationally.

SES AI

Market Cap: US$413.6m

Develops and produces AI enhanced lithium metal and lithium-ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications.

EXEM

Market Cap: ₩124.7b

Operates as an IT performance management and big data platform company Korea and internationally.

ADATA Technology

Market Cap: NT$133.9b

Manufactures and sells memory products worldwide.

Beijing Ultrapower Software

Market Cap: CN¥15.0b

Provides software and information technology services in China, Hong Kong, Macao, Taiwan, and internationally.

PlayNitride

Market Cap: NT$16.0b

Engages in the research and development, manufacture, and sale of MicroLED display products, modules, and panels in Taiwan, Korea, and internationally.

Data I/O

Market Cap: US$33.8m

Engages in the design, manufacture, and sale of programming and security deployment systems and services for electronic device manufacturers in the United States, Germany, China, Mexico, and Korea.

Mirle Automation

Market Cap: NT$31.0b

Provides automation equipment systems and components in Taiwan, China, and internationally.

MindWalk Holdings

Market Cap: US$79.5m

Operates as a bio-native AI company.

Coveo Solutions

Market Cap: CA$379.6m

Provides software-as-a-service artificial intelligence (AI) platform in Canada, the United States, and internationally.

Braze

Market Cap: US$2.6b

Operates a customer engagement platform that provides interactions between consumers and brands worldwide.

Feedback Technology

Market Cap: NT$12.8b

Manufactures, processes, and sells components for semiconductor, LCD, LED, medical, and aerospace industries in Taiwan.

Ambarella

Market Cap: US$3.0b

Develops low-power system-on-a-chip, semiconductors, and software for edge and physical artificial intelligence, applications, and intelligent automation.

IEI Integration

Market Cap: NT$15.3b

Provides industrial computer products worldwide.

Butterfly Network

Market Cap: US$1.3b

Develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally.

Silicom

Market Cap: US$247.2m

Designs, manufactures, markets, and supports networking and data infrastructure solutions in the United States, North America, Israel, Europe, and the Asia Pacific.

SoundHound AI

Market Cap: US$3.2b

Provides independent voice artificial intelligence (AI) solutions that enables businesses across the automotive, TV, IoT, and customer service industries to deliver conversational experiences to customers in the United States, Korea, France, Japan, Germany, and internationally.

WITS

Market Cap: NT$10.2b

Provides information technology (IT) services in Taiwan, Mainland China, Japan, the United States, and internationally.

Mobilus

Market Cap: JP¥1.8b

A technology support company, provides SaaS products for contact centers.

Mastek

Market Cap: ₹50.3b

Engages in the provision of enterprise technology solutions in India, the United Kingdom, Europe, North America, Middle East region, South-east Asia, India, Singapore, Australia, and internationally.

Lantronix

Market Cap: US$267.6m

Develops, markets, and sells industrial and enterprise internet of things (IoT) products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan.

SysGroup

Market Cap: UK£15.1m

Provides managed information technology services specializing in the delivery of cloud, data, and security services to power AI and ML transformation in the United Kingdom and internationally.

Sigurd Microelectronics

Market Cap: NT$99.8b

Engages in the design, processing, testing, burn-in treatment, manufacture, and trading of integrated circuits (ICs) in Taiwan, Singapore, America, China, and internationally.

Asseco South Eastern Europe

Market Cap: zł3.3b

Provides software implementation, integration, and outsourcing services.

Amplitude

Market Cap: US$950.9m

Provides an AI analytics platform that helps analyze customer behavior within digital products in the United States and internationally.

Varonis Systems

Market Cap: US$3.8b

Provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds.