News & Media

Game Meetup #1 with Callum Underwood

On September 25th, it is the premiere for Sting Game Meetup  a meeting place for entrepreneurs in the gaming industry. Meetups will be held at Embassy, Folkungagatan 44. During the first meetup, you will meet Callum Underwood, who recently left Oculus for Stockholm-based Raw Fury. Callum will share his experiences on the theme “The Other […]

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List: The six new companies in Sting Incubate

Today, Sting welcomes six new startups to the Sting Incubate program. The companies that have been selected offer services within e.g. logistics optimization, digital project and quality assurance tools, games and e-health. “We see a great interest from startup to join Sting. With the six new companies in this batch we have accepted 17 new […]

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Elly Pistol raises 3 MSEK

Elly Pistol, the online fashion company dedicated to the digital generation, has closed its first investment round and has raised 3 MSEK for expansion into new markets and expansion of the team. Amongst the investors are JNE Invest and BLCBX Investment Group. Elly Pistol is a digital street wear brand launched in 2015. The company […]

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Aifloo raises €5.1 million; accelerates development of AI-based e-health system

Aifloo, the Swedish-based company that develops e-health systems based on medical artificial intelligence (AI), today announces the completion of its latest funding round of €5.1 million. The A round was secured from the EQT Ventures fund (“EQT Ventures”) and will allow Aifloo to advance its AI technology that enables elderly members of society to live […]

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Game veteran invests in new game studio Hatrabbit

One of Sweden’s most established gaming profiles on the global stage, Karl Magnus Troedsson, invests in the newly launched game studio Hatrabbit. Troedsson has previously been General Manager and CEO of DICE, VP of Group Strategy for EA, and is now also co-owner of the game publisher Raw Fury. Together they will now focus on […]

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Here are the new Sting Accelerate companies

The eight startups that have been selected for the fall batch of Sting’s Accelerator program offer solutions ranging from car wash to Facebook for riders. All companies receive SEK 300,000 from Sweden’s most active private seed investor, Propel Capital, to accelerate growth. The selected group of Sweden’s most promising startups will receive intensive coaching during […]

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Moggles makes VR truly wearable

The Moggles VR headset is made to be truly portable. The foldable and lightweight design makes it easy to immerse yourself in virtual reality – wherever you are. Moggles is compatible with all smartphones and available in store at the price of €69. The premium-looking design, choice of materials and matte finish give the headset […]

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Hubbster’s issue oversubscribed in two hours

The Swedish SaaS company Hubbster, specialized in digital tools for activating strategies, plans and cultures, has completed a raising of capital in June. The issue, which was mainly dedicated to faster product and service development, was quickly and marginally oversubscribed. With the demand of several of the Sweden’s largest companies, Hubbster is now focusing on […]

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Propel Capital closes fourth round, large increase of female investors

Sting’s fund Propel Capital now closes its fourth round of SEK 12 million to be invested in approximately 40 Sting companies from August 2017 to December 2018. Ten out of the 40 participating business angels are women, which is a real boost. In the last round only two women participated. Propel Capital is Sweden’s largest and […]

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Adaptive Simulations receives 1.5 MEUR investment from Creathor Venture, Karma Ventures and KTH Holding

  Adaptive Simulations announced today that it has received a 1.5 million euro investment from Creathor Venture and Karma Ventures, two leading European venture capital firms in the high-tech space. The venture capital firms were joined by the holding company of highly ranked tech-university KTH Royal Institute of Technology. Adaptive Simulations’ goal is to democratize […]

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