I don't see how that, without any data, isn't just "the grass is greener". No one is surprised that Stockholm isn't London, that doesn't really speak to the different ecosystems nor that you can raise money across borders. There can be issues with "per capita" measurements, but that pretty hard to discuss when you didn't bother to include your reasoning.
Tell that to any number of seed-stage, bootstrapped companies in Stockholm. A fund-raising "roadshow" from Stockholm to London can be very costly -- especially if it is unsuccessful.
Linking a 91 page presentation without specifying your point isn't very helpful.
As I said, you don't get funding for an idea anymore so being bootstrapped is becoming the norm. The presentation even says that "all in all, Q3 was a quarter for big, big deals. Less so for seed-stage and Angel financing, both of which were down for the fifth consecutive quarter on a global basis". Fundraising is never easy, but having more and more eyes on Stockholm helps.
