News & Media

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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Savvy tech profile will help Sting companies accelerate

Sting strengthens its team and recruits Hannah Meiton, former COO of Soundtrack your brand and before then VP Sales at iZettle. Hannah has many years of experience developing software companies, primarily in Silicon Valley. Her main focus has been on growth and sales for SaaS companies in fast-growing industries and industries. Hannah has been linked […]

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Propel Capital raises 25 MSEK from business angels and Saminvest

Propel Capital V, the business angel company linked to Sting, raises 25 million crownes for investments in promising startups. Forty-two experienced business angels go in with 13.8 million and Saminvest with 11.2 million crownes. Saminvest also allocates 45 million to match selected business angels’ direct investments in the portfolio companies. Propel Capital gives business angels […]

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