diff --git a/packages/svelte/src/internal/client/custom-renderer/index.js b/packages/svelte/src/internal/client/custom-renderer/index.js
index f01f9b66d6..728918b856 100644
--- a/packages/svelte/src/internal/client/custom-renderer/index.js
+++ b/packages/svelte/src/internal/client/custom-renderer/index.js
@@ -1,4 +1,5 @@
 /** @import { ComponentContext } from '#client' */
+/** @import { Component, ComponentType, SvelteComponent } from '../../../index.js' */
 import { boundary } from '../dom/blocks/boundary.js';
 import { branch, effect_root } from '../reactivity/effects.js';
 import { push, pop, component_context } from '../context.js';
@@ -38,26 +39,27 @@ import { push_renderer } from './state.js';
  * @template {object} [TTextNode=object]
  * @template {object} [TComment=object]
  * @param {Renderer<TFragment, TElement, TTextNode, TComment>} renderer
- * @returns {Renderer<TFragment, TElement, TTextNode, TComment> & { render: (Component: any, options: { target: TFragment | TElement | TTextNode | TComment, props?: any, context?: Map<any, any> }) => () => void }}
+ * @returns {Renderer<TFragment, TElement, TTextNode, TComment> & { render: <Props extends Record<string, any>>(component: ComponentType<SvelteComponent<Props>> | Component<Props, any, any>, options: {} extends Props ? { target: TFragment | TElement | TTextNode | TComment, props?: Props, context?: Map<any, any> } : { target: TFragment | TElement | TTextNode | TComment, props: Props, context?: Map<any, any> }) => () => void }}
  */
 export function createRenderer(renderer) {
 	return {
 		...renderer,
 		/**
-		 * @param {*} Component
-		 * @param {*} options
+		 * @template {Record<string, any>} Props
+		 * @param {ComponentType<SvelteComponent<Props>> | Component<Props, any, any>} Component
+		 * @param {{} extends Props ? { target: TFragment | TElement | TTextNode | TComment, props?: Props, context?: Map<any, any> } : { target: TFragment | TElement | TTextNode | TComment, props: Props, context?: Map<any, any> }} options
 		 */
 		render(Component, { target, props, context }) {
 			var cleanup = push_renderer(renderer);
 			const unmount = effect_root(() => {
 				var anchor = renderer.createComment('');
-				renderer.insert(target, anchor, null);
+				renderer.insert(/** @type {*} */ (target), anchor, null);
 				boundary(/** @type {*} */ (anchor), { pending: () => {} }, (anchor) => {
 					push({});
 					var ctx = /** @type {ComponentContext} */ (component_context);
 					if (context) ctx.c = context;
 					branch(() => {
-						Component(anchor, props);
+						/** @type {Function} */ (Component)(anchor, props);
 					});
 					pop();
 				});
diff --git a/packages/svelte/types/index.d.ts b/packages/svelte/types/index.d.ts
index 803f65181b..b455b92893 100644
--- a/packages/svelte/types/index.d.ts
+++ b/packages/svelte/types/index.d.ts
@@ -2569,9 +2569,14 @@ declare module 'svelte/reactivity/window' {
 
 declare module 'svelte/renderer' {
 	export function createRenderer<TFragment extends object = object, TElement extends object = object, TTextNode extends object = object, TComment extends object = object>(renderer: Renderer<TFragment, TElement, TTextNode, TComment>): Renderer<TFragment, TElement, TTextNode, TComment> & {
-		render: (Component: any, options: {
+		render: <Props extends Record<string, any>>(component: ComponentType<SvelteComponent<Props>> | Component<Props, any, any>, options: {} extends Props ? {
 			target: TFragment | TElement | TTextNode | TComment;
-			props?: any;
+			props?: Props;
+			context?: Map<any, any>;
+		} : {
+			target: TFragment | TElement | TTextNode | TComment;
+			props: Props;
+			context?: Map<any, any>;
 		}) => () => void;
 	};
 	export type Renderer<TFragment extends object = object, TElement extends object = object, TTextNode extends object = object, TComment extends object = object, TNode = TFragment | TElement | TTextNode | TComment> = {
@@ -2652,6 +2657,206 @@ declare module 'svelte/renderer' {
 		 */
 		removeEventListener: (target: TNode, type: string, handler: any, options?: any) => void;
 	};
+	/**
+	 * @deprecated In Svelte 4, components are classes. In Svelte 5, they are functions.
+	 * Use `mount` instead to instantiate components.
+	 * See [migration guide](https://svelte.dev/docs/svelte/v5-migration-guide#Components-are-no-longer-classes)
+	 * for more info.
+	 */
+	interface ComponentConstructorOptions<
+		Props extends Record<string, any> = Record<string, any>
+	> {
+		target: Element | Document | ShadowRoot;
+		anchor?: Element;
+		props?: Props;
+		context?: Map<any, any>;
+		hydrate?: boolean;
+		intro?: boolean;
+		recover?: boolean;
+		sync?: boolean;
+		idPrefix?: string;
+		$$inline?: boolean;
+		transformError?: (error: unknown) => unknown;
+	}
+
+	/**
+	 * Utility type for ensuring backwards compatibility on a type level that if there's a default slot, add 'children' to the props
+	 */
+	type Properties<Props, Slots> = Props &
+		(Slots extends { default: any }
+			? // This is unfortunate because it means "accepts no props" turns into "accepts any prop"
+				// but the alternative is non-fixable type errors because of the way TypeScript index
+				// signatures work (they will always take precedence and make an impossible-to-satisfy children type).
+				Props extends Record<string, never>
+				? any
+				: { children?: any }
+			: {});
+
+	/**
+	 * This was the base class for Svelte components in Svelte 4. Svelte 5+ components
+	 * are completely different under the hood. For typing, use `Component` instead.
+	 * To instantiate components, use `mount` instead.
+	 * See [migration guide](https://svelte.dev/docs/svelte/v5-migration-guide#Components-are-no-longer-classes) for more info.
+	 */
+	class SvelteComponent<
+		Props extends Record<string, any> = Record<string, any>,
+		Events extends Record<string, any> = any,
+		Slots extends Record<string, any> = any
+	> {
+		/** The custom element version of the component. Only present if compiled with the `customElement` compiler option */
+		static element?: typeof HTMLElement;
+
+		[prop: string]: any;
+		/**
+		 * @deprecated This constructor only exists when using the `asClassComponent` compatibility helper, which
+		 * is a stop-gap solution. Migrate towards using `mount` instead. See
+		 * [migration guide](https://svelte.dev/docs/svelte/v5-migration-guide#Components-are-no-longer-classes) for more info.
+		 */
+		constructor(options: ComponentConstructorOptions<Properties<Props, Slots>>);
+		/**
+		 * For type checking capabilities only.
+		 * Does not exist at runtime.
+		 * ### DO NOT USE!
+		 */
+		$$prop_def: Props; // Without Properties: unnecessary, causes type bugs
+		/**
+		 * For type checking capabilities only.
+		 * Does not exist at runtime.
+		 * ### DO NOT USE!
+		 */
+		$$events_def: Events;
+		/**
+		 * For type checking capabilities only.
+		 * Does not exist at runtime.
+		 * ### DO NOT USE!
+		 */
+		$$slot_def: Slots;
+		/**
+		 * For type checking capabilities only.
+		 * Does not exist at runtime.
+		 * ### DO NOT USE!
+		 */
+		$$bindings?: string;
+
+		/**
+		 * @deprecated This method only exists when using one of the legacy compatibility helpers, which
+		 * is a stop-gap solution. See [migration guide](https://svelte.dev/docs/svelte/v5-migration-guide#Components-are-no-longer-classes)
+		 * for more info.
+		 */
+		$destroy(): void;
+
+		/**
+		 * @deprecated This method only exists when using one of the legacy compatibility helpers, which
+		 * is a stop-gap solution. See [migration guide](https://svelte.dev/docs/svelte/v5-migration-guide#Components-are-no-longer-classes)
+		 * for more info.
+		 */
+		$on<K extends Extract<keyof Events, string>>(
+			type: K,
+			callback: (e: Events[K]) => void
+		): () => void;
+
+		/**
+		 * @deprecated This method only exists when using one of the legacy compatibility helpers, which
+		 * is a stop-gap solution. See [migration guide](https://svelte.dev/docs/svelte/v5-migration-guide#Components-are-no-longer-classes)
+		 * for more info.
+		 */
+		$set(props: Partial<Props>): void;
+	}
+
+	const brand: unique symbol;
+	type Brand<B> = { [brand]: B };
+	type Branded<T, B> = T & Brand<B>;
+
+	/**
+	 * Internal implementation details that vary between environments
+	 */
+	type ComponentInternals = Branded<{}, 'ComponentInternals'>;
+
+	/**
+	 * Can be used to create strongly typed Svelte components.
+	 *
+	 * #### Example:
+	 *
+	 * You have component library on npm called `component-library`, from which
+	 * you export a component called `MyComponent`. For Svelte+TypeScript users,
+	 * you want to provide typings. Therefore you create a `index.d.ts`:
+	 * ```ts
+	 * import type { Component } from 'svelte';
+	 * export declare const MyComponent: Component<{ foo: string }> {}
+	 * ```
+	 * Typing this makes it possible for IDEs like VS Code with the Svelte extension
+	 * to provide intellisense and to use the component like this in a Svelte file
+	 * with TypeScript:
+	 * ```svelte
+	 * <script lang="ts">
+	 * 	import { MyComponent } from "component-library";
+	 * </script>
+	 * <MyComponent foo={'bar'} />
+	 * ```
+	 */
+	interface Component<
+		Props extends Record<string, any> = {},
+		Exports extends Record<string, any> = {},
+		Bindings extends keyof Props | '' = string
+	> {
+		/**
+		 * @param internal An internal object used by Svelte. Do not use or modify.
+		 * @param props The props passed to the component.
+		 */
+		(
+			this: void,
+			internals: ComponentInternals,
+			props: Props
+		): {
+			/**
+			 * @deprecated This method only exists when using one of the legacy compatibility helpers, which
+			 * is a stop-gap solution. See [migration guide](https://svelte.dev/docs/svelte/v5-migration-guide#Components-are-no-longer-classes)
+			 * for more info.
+			 */
+			$on?(type: string, callback: (e: any) => void): () => void;
+			/**
+			 * @deprecated This method only exists when using one of the legacy compatibility helpers, which
+			 * is a stop-gap solution. See [migration guide](https://svelte.dev/docs/svelte/v5-migration-guide#Components-are-no-longer-classes)
+			 * for more info.
+			 */
+			$set?(props: Partial<Props>): void;
+		} & Exports;
+		/** The custom element version of the component. Only present if compiled with the `customElement` compiler option */
+		element?: typeof HTMLElement;
+		/** Does not exist at runtime, for typing capabilities only. DO NOT USE */
+		z_$$bindings?: Bindings;
+	}
+
+	/**
+	 * @deprecated This type is obsolete when working with the new `Component` type.
+	 *
+	 * @description
+	 * Convenience type to get the type of a Svelte component. Useful for example in combination with
+	 * dynamic components using `<svelte:component>`.
+	 *
+	 * Example:
+	 * ```html
+	 * <script lang="ts">
+	 * 	import type { ComponentType, SvelteComponent } from 'svelte';
+	 * 	import Component1 from './Component1.svelte';
+	 * 	import Component2 from './Component2.svelte';
+	 *
+	 * 	const component: ComponentType = someLogic() ? Component1 : Component2;
+	 * 	const componentOfCertainSubType: ComponentType<SvelteComponent<{ needsThisProp: string }>> = someLogic() ? Component1 : Component2;
+	 * </script>
+	 *
+	 * <svelte:component this={component} />
+	 * <svelte:component this={componentOfCertainSubType} needsThisProp="hello" />
+	 * ```
+	 */
+	type ComponentType<Comp extends SvelteComponent = SvelteComponent> = (new (
+		options: ComponentConstructorOptions<
+			Comp extends SvelteComponent<infer Props> ? Props : Record<string, any>
+		>
+	) => Comp) & {
+		/** The custom element version of the component. Only present if compiled with the `customElement` compiler option */
+		element?: typeof HTMLElement;
+	};
 
 	export {};
 }