diff --git a/components/svelte/build.js b/components/svelte/build.js
index 4f8e53b..8703983 100644
--- a/components/svelte/build.js
+++ b/components/svelte/build.js
@@ -1,5 +1,5 @@
-const fs = require('fs');
-const child_process = require('child_process');
+import { readFileSync, writeFileSync, readdirSync } from 'node:fs';
+import { spawnSync } from 'node:child_process';
 
 // List of commands to run
 const commands = [];
@@ -47,16 +47,6 @@ process.argv.slice(2).forEach((cmd) => {
 	}
 });
 
-// Check if required modules in same monorepo are available
-const fileExists = (file) => {
-	try {
-		fs.statSync(file);
-	} catch (e) {
-		return false;
-	}
-	return true;
-};
-
 // Compile packages
 Object.keys(compile).forEach((key) => {
 	if (!compile[key]) {
@@ -89,8 +79,7 @@ Object.keys(compile).forEach((key) => {
  * Get all api-extractor.*.json files
  */
 function apiFiles() {
-	return fs
-		.readdirSync(__dirname)
+	return readdirSync('.')
 		.map((item) => {
 			const parts = item.split('.');
 			if (parts.pop() !== 'json' || parts.shift() !== 'api-extractor') {
@@ -117,10 +106,10 @@ function next() {
 	}
 
 	if (item.cwd === void 0) {
-		item.cwd = __dirname;
+		item.cwd = '.';
 	}
 
-	const result = child_process.spawnSync(item.cmd, item.args, {
+	const result = spawnSync(item.cmd, item.args, {
 		cwd: item.cwd,
 		stdio: 'inherit',
 	});
@@ -138,13 +127,12 @@ next();
  */
 function cleanup() {
 	// Merge TypeScript files
-	const sourceDir = __dirname + '/src/';
-	const distDir = __dirname + '/dist/';
+	const sourceDir = './src/';
+	const distDir = './dist/';
 
 	function createTypes() {
 		// Get Svelte file, split it. Import and content should be separated by empty line
-		const svelteParts = fs
-			.readFileSync(sourceDir + 'svelte.d.ts', 'utf8')
+		const svelteParts = readFileSync(sourceDir + 'svelte.d.ts', 'utf8')
 			.trim()
 			.replace(/\r/g, '')
 			.split('\n\n');
@@ -179,20 +167,19 @@ function cleanup() {
 		].forEach((item) => {
 			const content =
 				svelteImport +
-				fs
-					.readFileSync(distDir + item.source, 'utf8')
+				readFileSync(distDir + item.source, 'utf8')
 					.replace('export { }', '')
 					.trim() +
 				svelteContent;
-			fs.writeFileSync(distDir + item.target, content, 'utf8');
+			writeFileSync(distDir + item.target, content, 'utf8');
 			console.log(`Created dist/${item.target}`);
 		});
 	}
 
 	function copyComponents() {
 		['Icon.svelte', 'OfflineIcon.svelte'].forEach((name) => {
-			const content = fs.readFileSync(sourceDir + name, 'utf8');
-			fs.writeFileSync(distDir + name, content, 'utf8');
+			const content = readFileSync(sourceDir + name, 'utf8');
+			writeFileSync(distDir + name, content, 'utf8');
 			console.log(`Copied dist/${name}`);
 		});
 	}
diff --git a/components/svelte/package.json b/components/svelte/package.json
index 0039198..61f9ccd 100644
--- a/components/svelte/package.json
+++ b/components/svelte/package.json
@@ -2,10 +2,11 @@
 	"name": "@iconify/svelte",
 	"description": "Iconify icon component for Svelte.",
 	"author": "Vjacheslav Trushkin",
-	"version": "4.0.0-beta.3",
+	"version": "4.0.0-beta.4",
 	"publishConfig": {
 		"tag": "next"
 	},
+	"type": "module",
 	"license": "MIT",
 	"bugs": "https://github.com/iconify/iconify/issues",
 	"homepage": "https://github.com/iconify/iconify",
@@ -30,6 +31,16 @@
 			"svelte": "./dist/OfflineIcon.svelte",
 			"types": "./dist/offline.d.ts"
 		},
+		"./dist/functions": {
+			"types": "./lib/dist/functions.d.ts",
+			"require": "./lib/dist/functions.cjs",
+			"import": "./lib/dist/functions.js"
+		},
+		"./dist/offline-functions": {
+			"types": "./lib/dist/offline-functions.d.ts",
+			"require": "./lib/dist/offline-functions.cjs",
+			"import": "./lib/dist/offline-functions.js"
+		},
 		"./*": "./*"
 	},
 	"scripts": {
@@ -37,7 +48,7 @@
 		"prebuild": "pnpm run cleanup",
 		"build": "node build",
 		"build:tsc": "tsc -b",
-		"build:bundles": "rollup -c rollup.config.mjs",
+		"build:bundles": "rollup -c rollup.config.js",
 		"build:api": "node build --only-api",
 		"test": "vitest"
 	},
diff --git a/components/svelte/rollup.config.js b/components/svelte/rollup.config.js
new file mode 100644
index 0000000..824f6b1
--- /dev/null
+++ b/components/svelte/rollup.config.js
@@ -0,0 +1,48 @@
+import resolve from '@rollup/plugin-node-resolve';
+import typescript from '@rollup/plugin-typescript';
+
+// Directories
+const targetDir = 'dist';
+const sourceDir = 'src';
+
+const mjsExt = '.js';
+const cjsExt = '.cjs';
+
+const resolveParams = {
+	extensions: ['.ts', '.mjs', '.js', '.cjs', '.svelte'],
+	dedupe: ['svelte'],
+};
+
+// Create bundle
+export default [
+	// Files included in Icon.svelte as bundle
+	{
+		input: `${sourceDir}/functions.ts`,
+		output: [
+			{
+				file: `${targetDir}/functions${mjsExt}`,
+				format: 'es',
+			},
+			{
+				file: `${targetDir}/functions${cjsExt}`,
+				format: 'cjs',
+			},
+		],
+		plugins: [resolve(resolveParams), typescript()],
+	},
+	// Files included in OfflineIcon.svelte as bundle
+	{
+		input: `${sourceDir}/offline-functions.ts`,
+		output: [
+			{
+				file: `${targetDir}/offline-functions${mjsExt}`,
+				format: 'es',
+			},
+			{
+				file: `${targetDir}/offline-functions${cjsExt}`,
+				format: 'cjs',
+			},
+		],
+		plugins: [resolve(resolveParams), typescript()],
+	},
+];
diff --git a/components/svelte/rollup.config.mjs b/components/svelte/rollup.config.mjs
deleted file mode 100644
index 7d2888c..0000000
--- a/components/svelte/rollup.config.mjs
+++ /dev/null
@@ -1,94 +0,0 @@
-import svelte from 'rollup-plugin-svelte';
-import resolve from '@rollup/plugin-node-resolve';
-import typescript from '@rollup/plugin-typescript';
-import sveltePreprocess from 'svelte-preprocess';
-
-// Directories
-const targetDir = 'dist';
-const sourceDir = 'src';
-
-// Create bundle
-export default [
-	// Bundle everything
-	/*
-	{
-		input: sourceDir + '/Icon.svelte',
-		output: [
-			{ file: targetDir + '/index.mjs', format: 'es' },
-			{ file: targetDir + '/index.js', format: 'cjs' },
-		],
-		plugins: [
-			svelte({
-				preprocess: sveltePreprocess(),
-			}),
-			resolve({
-				browser: true,
-				extensions: ['.ts', '.mjs', '.js', '.svelte'],
-				dedupe: ['svelte'],
-			}),
-			typescript(),
-		],
-	},
-	{
-		input: sourceDir + '/OfflineIcon.svelte',
-		output: [
-			{ file: targetDir + '/offline.mjs', format: 'es' },
-			{ file: targetDir + '/offline.js', format: 'cjs' },
-		],
-		plugins: [
-			svelte({
-				preprocess: sveltePreprocess(),
-			}),
-			resolve({
-				browser: true,
-				extensions: ['.ts', '.mjs', '.js', '.svelte'],
-				dedupe: ['svelte'],
-			}),
-			typescript(),
-		],
-	},
-	*/
-
-	// Files included in Icon.svelte as bundle
-	{
-		input: sourceDir + '/functions.ts',
-		output: [
-			{
-				file: targetDir + '/functions.mjs',
-				format: 'es',
-			},
-			{
-				file: targetDir + '/functions.js',
-				format: 'cjs',
-			},
-		],
-		plugins: [
-			resolve({
-				extensions: ['.ts', '.mjs', '.js', '.svelte'],
-				dedupe: ['svelte'],
-			}),
-			typescript(),
-		],
-	},
-	// Files included in OfflineIcon.svelte as bundle
-	{
-		input: sourceDir + '/offline-functions.ts',
-		output: [
-			{
-				file: targetDir + '/offline-functions.mjs',
-				format: 'es',
-			},
-			{
-				file: targetDir + '/offline-functions.js',
-				format: 'cjs',
-			},
-		],
-		plugins: [
-			resolve({
-				extensions: ['.ts', '.mjs', '.js', '.svelte'],
-				dedupe: ['svelte'],
-			}),
-			typescript(),
-		],
-	},
-];
diff --git a/components/svelte/vitest.config.mjs b/components/svelte/vitest.config.js
similarity index 100%
rename from components/svelte/vitest.config.mjs
rename to components/svelte/vitest.config.js