THINGS: Sweden’s first hardware hub to open in Stockholm

THINGS byggnaden

Officially opening its doors on 26th March 2015, Stockholm-based THINGS is Sweden’s first co-working space for hardware start-ups, focusing on high growth areas such as the Internet of Things, wearables, 3D scanning and printing, and medtech.

Initiated by STING, the incubator that also initiated the start of SUP46 (Stockholm’s central co-working space for digital start-ups), THINGS brings together start-ups and industry partners in a uniquely collaborative environment.  Official industry partners such as ABB, ASSA ABLOY, Husqvarna, NCC and SEB gain close access to entrepreneurs at THINGS (and vice versa).

This creates a symbiotic relationship that often provides inspiration for an established organisation’s own innovation processes, and can help find solutions to existing development problems or needs on both sides. A wide range of relevant technology and service partners including Cisco and TeliaSonera will also play a significant role at THINGS.

Located in a specially customised 2000sqm house on the campus of KTH Royal Institute of Technology in Stockholm, THINGS offers start-ups unparalleled facilities for developing prototypes, and significant opportunities to build local and global networks to help expedite international expansion.

Pär Hedberg, founder and CEO of STING and initiator of THINGS, comments: “THINGS is an independent player: it’s not owned by investors or a production company, which makes it different from other hardware hubs around the world. The availability of machines to develop and test prototypes opens up fantastic opportunities, and the close involvement from our industry partners is also unique: in addition to gaining access to the start-ups, industrial partners get a new kind of arena in which to network with each other.”

With space for 30 start-ups (referred to as members), the shared working environment encompasses event space, meeting rooms, an in-house workshop providing laser cutters and 3D printers, as well as access to specialised equipment via official academic partners such as KTH, SP Technical Research Institute of Sweden and Akademiska Hus. Members already in residence at THINGS include Volumental, a cloud-based platform for creating accurate 3D models that can be used to customise products and services, and Evothings, a platform that enables the IoT industry to create apps and prototypes that interact with existing technology.

Hosting regular events for the hardware community as well as offering flexible shared working space and development opportunities, THINGS is a hub for innovation, bringing together vibrant and inspirational companies and individuals within one centralized ecosystem. Other benefits for start-ups involved with THINGS include access to an established network of investors, external services and manufacturers. As such, THINGS has become a Nordic hub for hardware innovation to match Highway1 and Lab IX in San Francisco.

Linda Krondahl, CEO of THINGS, comments, “Scandinavian design has an international reputation for sleek functionality and a clean aesthetic. At THINGS, we bring together engineering and design in a very Swedish way, but for an international market – connecting some of the most innovative individuals and companies in the world. Following in the footsteps of Electrolux, Ericsson, and Hasselblad amongst others, THINGS is nurturing the next generation of technology and hardware success stories.”

Members of THINGS include

(more about the members here)

Bumbee Labs – www.bumbeelabs.se   
Evothings – www.evothings.com  
Gleechi – www.gleechi.se  
Moggles – www.moggles.com  
QuantifiedPlanet – www.quantifiedplanet.org  
Shortcut Labs – www.flic.io  
Single Technologies – www.singletechnologies.com  
SoftAlarm – www.softalarm.se  
Tingeer – www.tingeer.com  
Volumental – www.volumental.com   
Worldfavor – www.worldfavor.com

Key Industrial and Academic Partners at THINGS

ABB
ABB is a leader in power and automation technologies that enable utility, industry, and transport and infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 140,000 people. Read more at www.abb.com

Akademiska Hus
Akademiska Hus is one of the largest property companies in Sweden and by focusing on universities and colleges the company builds and manages sustainable knowledge environments that satisfy many aspects of life. By using innovative technology, fresh ideas and taking a long-term view, Akademiska Hus contribute to a wiser Sweden. Read more at www.akademiskahus.se

ASSA ABLOY
ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience. Since its formation in 1994, ASSA ABLOY has grown from a regional company into an international group with about 44,000 employees, operations in more than 70 countries and sales close to SEK 57 billion. In the fast-growing electromechanical security segment, the Group has a leading position in areas such as access control, identification technology, door automation and hotel security.Read more at www.assaabloy.com

Husqvarna Group
Husqvarna Group is a leading producer of outdoor power products including chainsaws, trimmers, robotic lawn mowers and garden tractors. The Group is also the European leader in garden watering products and a world leader in cutting equipment and diamond tools for the construction and stone industries. The Group’s products and solutions are sold under brands including Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah and Diamant Boart via dealers and retailers to end-customers in more than 100 countries. Read more at www.husqvarnagroup.com

KTH Royal Institute of Technology
KTH is the largest and oldest technical university in Sweden with one-third of Sweden’s technical research and engineering education capacity at university level is provided here. KTH is focusing on entrepreneurial development and continually strives to develop the innovation climate of Stockholm. Read more at www.kth.se/en

NCC
NCC is one of the leading construction, property development and infrastructure companies in Northern Europe, with sales of SEK 57 billion and 18,000 employees in 2014. The NCC share is listed on NASDAQ Stockholm. Read more at www.ncc.se/en

SEB
SEB is a leading Nordic bank, offering corporate, institutional and private banking services. Most people strive to grow through visions and plans for the future, and SEB helps its customers turn these ambitions into reality by sharing available knowledge and being a trusted partner in both good times and bad; as well as giving good advice on a daily basis – but also anticipating future needs. Read more at www.sebgroup.com

SP Technical Research Institute of Sweden
As a centre for research and innovation, SP possesses strong research environments, unique facilities and testing areas, which house equipment that can be found hardly anywhere else in the world. Read more at www.sp.se

Technology Partners:

Cisco
Cisco is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, please go to http://thenetwork.cisco.com

TeliaSonera
TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera Global M2M Services is a global unit in the TeliaSonera group and a founding operator of the Global M2M Association, responsible for business-critical M2M solutions. With extensive mobile networks across its markets, dedicated M2M services, including technology and support, as well as an expert network of industry and operator partners, TeliaSonera deliver comprehensive M2M Solutions with seamless quality throughout Europe. TeliaSonera believes that M2M and IoT has the power to transform the way companies do business as well as how people live their lives. Read more on www.teliasonera.com/m2m 

> THINGS: www.thingstockholm.com  

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