financing

Sting Bioeconomy to accelerate future growth companies within renewable product and services

Today, Sting Bioeconomy, a new cutting-edge incubator, is being launched to help develop innovations in forest-based bioeconomy and increase the number of fast growing companies in this area. Victor Isaksen, experienced entrepreneur and forest owner, becomes president of the newly-started Karlstad-based incubator. The venture is a collaboration between the world-leading cluster of forest-based bioeconomic companies, […]

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Kinexit–the IT platform that takes training to a new level–raises millions in new funding

Kinexit is a digital platform that detects body movement restrictions, and automatically selects personalized and animated training solutions based on the chosen sport and the individual’s goals. The company has raised over two million SEK from private investors, including former NHL pro Mattias Weinhandl, to continue their expansion in the United States. The team behind […]

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KTH Holding AB invests in the foodtech company Nutrient

Nutrient develops climate-smart food. Since its inception in 2016, Nutrient has developed a vegan product with low climate impact based on Swedish peas, Tempeh, while conducting research on using insects as raw material. Now KTH Holding AB  invests in the company and becomes a partner to support Nutrient’s continued work going forward. Consumers are increasingly […]

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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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Propel Capital III launches, will finance 25-30 startups in Stockholm

Propel Capital I and II has since 2014 funded 33 startups linked to STING and is thereby Sweden’s largest private seed investor. In August, Propel Capital III is launched that will invest in 25-30 new STING companies until 2017. This concept is extended to include startups in the program STING Accelerate (Internet/media companies) and STING […]

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Join STING Accelerate!

The application period for the next STING Accelerate program is now open. The program round starts in August 2016, and finishes up in January 2017. Do you have what it takes to be a STING Accelerate company?  STING Accelerate is the accelerator program that gathers Stockholm’s most promising internet startups. The program provides 7-8 handpicked startups […]

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Up to 250 kSEK in verification support for your life science idea

Do you have an early life science company with high growth potential and a high knowledge level? Then you can apply for up to 250 000 SEK in verification support through STING. STING has been granted 500 000 SEK from the VINNOVA-funded innovation program SWElife, giving STING the possibility to during 2016 provide verification funds to promising […]

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