The Royal Swedish Ballet is one of the oldest ballet companies in Europe. Based in , Sweden, King Gustav III founded the ballet in 1773 as a part of his national cultural project in response to the French and Italian dominance in this field; he also founded the Royal Swedish Opera and the Royal Dramatic Theatre. All of these were initially located in the old theatre of Bollhuset. The troupe was founded with the opening of the Royal Swedish Opera, which has served as its home since that time.
In 1773, the cultural professions of acting, opera-singing and ballet-dancing in Sweden were all performed by foreign troupes. The first ballet performance was performed at the Swedish court when the French ballet troupe of Antoine de Beaulieu was hired at the court of Queen Christina in 1638, and the first Public ballet performance were performed by the foreign theatre troupes at the theatre of Bollhuset later the same century. The only exception had been the period of 1737–1753, when the first professional Swedish troupe of actors had performed at Bollhuset; during this period, ballets were performed by the first Swedish dancers in this troupe. The perhaps first ballet performed by professional native Swedish dancers was in the play Den afvundsiuke ("The Envious") by Olof von Dahlin in August 1738. However, no names are known about these first dancers. They were probably educated by Jean Marquard as dancing-master, and one of the dancers were also French, Gabriel Senac. In 1753, however, the first Swedish ballet, theatre and opera at Bollhuset were dissolved.
Gustav III wanted to create and educate native talents in these professions. To accomplish this, he used the same method in the ballet as he was to use with the theatre; by having the first generation of native dancers educated by foreign professionals. When he fired the French theatre-company to create his national-stage in 1773, he kept many of the French dancers of this troupe. Dancers from France, Italy and Belgium, such as Antoine Bournonville, Louis Gallodier, Giovanna Bassi and Julie Alix de la Fay were hired to perform and to educate Swedish students. Most of the first students to the troupe were taken among children to the staff at the royal court and to professional musicians, as were the first students to the theatre and the opera. In the first ballet-troupe in the national stage of 1773, they were very few native talents with former professional experience; one of them was Charlotte Slottsberg, who could be counted as the first native Swedish ballerina known by name. The greatest triumph of the Swedish ballet during the 18th century is considered to be the Ballet performed by Gallodier to the Opera Gustav Adolf och Ebba Brahe (Gustav Adolf and Ebba Brahe) (1786); also the Ballet Fiskarna (The Fishes) by Antoine Bournonville (1789) became a great success.