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Uppsala University is a research university in Uppsala, Sweden, and the oldest university in Scandinavia, founded in 1477. The university rose to importance during the rise of Sweden as a great power at the end of the 16th century and was then given relative financial stability by the large gift from King Gustavus Adolphus in the early 17th century. Uppsala also has an important historical place in Swedish national culture, identity and for the Swedish establishment.