Six business angels in Sting’s business angel company Propel Capital IV are the first in Sweden to get a co-investment agreement with Saminvest in an initiative where Saminvest undertakes to invest up to 23 MSEK together with the selected business angels when they make direct investments in Propel Capitals portfolio companies, as a complement to […]
Swedish impact-tech company Skillbreak has created a new social learning platform aiming to spread creativity and allow people to meet in a time when we live increasingly isolated and screen-dependent. The idea is to make expert knowledge in arts, crafts and design available to the public. Stockholm-based Skillbreak was founded in 2016 by Matilda Hannäs […]
Learning to Sleep, a company that develops a digital CBT-based tool to help people with sleep problems, has raised 3.3 MSEK from Almi Invest, Alltrum, Proos Consulting and Malte Rohlin. The capital will be used to continue the company’s expansion, both in Sweden and internationally. Learning to Sleep has developed the clinically validated digital treatment […]
Democratization of artificial intelligence, micro lending on equal terms, speech synthesis, ID hijackings, crowd funding of music, leisure activities, language challenges in healthcare and interpretation of radiographs are some of the areas addressed by the 14 carefully selected companies that have been accepted to Sting this autumn. The list of companies is announced today when […]
Propel Capital IV, founded by Sting, is one of three selected business angel companies that raises capital from Saminvest to improve the financing and growth opportunities for its incubator and accelerator companies. In addition to the 8 MSEK investment in Propel Capital IV, Saminvest undertakes to invest together with selected business angels when they make […]
The e-mobility company CaCharge is pleased to announce the completion of a 2.1 MEUR investment round from experienced investors to expand in Europe. CaCharge’s business model makes it profitable to invest in charging points while drivers benefit from a reasonable mileage rate. The investors include Stefan Bengtsson of CSB Capital; Mikael Ahlstrom founder of Procuritas; Lars […]
YourPDi, Your Personal Digitalisation, is a new app that provides an easy, smart and safe way to get in control of, and store your valuable information and documents. Magnus Hedberg, known from TV3´s Lyxfällan, now joins YourPDi in order to expand the app to a broader audience. The app Your PDi has been founded […]
The Sting companies’ aggregated revenues increased by more than 40% in 2017 and the aggregated company valuation was doubled to now exceed 10 billion SEK. These positive figures are presented today when the the leading startup ecosystem in the Nordics, Sting, publishes its annual figures at Sting Day. Sting Day today gathers 400 personally […]
The Swedish-Australian company Orexplore has launched the world’s first fully-featured digital drilling cores laboratory – the GeoCore X10. The product, which won a Red Dot Industrial Design Award in 2017, analyzes the element concentrations and minerals contained in a drill core, as well as provides a visualization of the rock’s internal structure in 3D. What […]
Today, Sting welcomes this year’s second batch of startups to the Sting Incubate program. The five new companies represent a wide range of solutions ranging from deep PC strategy games, a digital treatment method for people with sleep problems, innovative tools for digital receipts and personal administration to an AI based food market recommendation engine. […]