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iCellate Medical raises SEK 23 million in oversubscribed new issue

iCellate Medical has today completed another successful new share issue in collaboration with advisors at Southwik. The oversubscribed share issue, which brings the company just over SEK 23 million, attracted capital from both existing and new shareholders. iCellate’s vision is to detect cancer early, when it can still be cured, and to guide individual therapies. […]

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Defentry starts collaboration with mySafety Försäkringar

mySafety Försäkringar, the Nordic region’s leading player in ID protection insurance, will work with cybersecurity company Defentry to offer its customers protection against ID hijacking and other types of fraud. Last year, 166,000 Swedes had their identities hijacked and a full 2.2 million were subjected to attempts*. This means that ID hijacking continues to be […]

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Here are Sting’s four new companies

Sting has accepted four new, exciting startups to the Incubate program. The companies have business ideas spanning a wide range of innovations, from a premium platform for quality articles and components for lasers with new wavelengths, to leadership training and bag collection in tight environments. The companies that are admitted to Sting represent less than […]

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Treeno raises new capital from Storytel veteran

Treeno has so far raised over SEK 3 million in investments to develop its platform that offers businesses and consumers a better Post Purchase Experience, i.e. better communication and activities that take place after a purchase. Angel investor Anna-Lina Kvarnsmyr, who was involved in Storytel’s successful journey from the start, is now participating in Treeno’s […]

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Increased investment from Propel Capital in new Sting companies

Propel Capital, the business angel company linked to Sting, closed a new round of capital earlier this fall. The sum of SEK 25 million was the largest so far, which results in the companies being acceptd to Sting in 2020 being able to get a larger investment from Propel Capital when the investment sum now […]

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Learnster raises SEK 6 million, angel investor Lars Lindgren joins the company

Edtech company Learnster issues new shares and brings on one of Sweden’s most experienced business angels, Lars Lindgren, as an investor. In the new issue of SEK 6 million, existing investors Söderberg & Partners and Almi Invest also participate. Saminvest participates as well through a co-investment agreement with Lars Lindgren. The capital will be used […]

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Five Sting companies receive funding through Vinnova’s Innovative Startups program

Pliance Gimme shelter, Klimato, Pliance, Sencept and xNomad have been awarded SEK 300,000 each in grants via Vinnova’s Innovative startups program. The grants are given to startup companies who want to grow in Sweden and have an innovative business concept that meets international competition. Pliance, a Sting company that automates anti-money laundering activities, says the […]

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10th anniversary of Sting Day brings record number of investors

For many, Sting Day has grown into a must-attend event that offers positive and high energy and very efficient networking. This year’s anniversary edition, held yesterday, gathered over 200 of Europe’s leading investors who came to meet Stockholm and Sweden’s most promising tech startups. The goal of the event is to enable high-quality meetings that […]

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