startups

Orexplore behind Swedish digital breakthrough in the mining industry –

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 […]

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Friendship app GoFrendly raises 3 MSEK

GoFrendly, an app that offers women of all ages an opportunity to create new friendships through accurate and secure matching, has closed an investment round of 3 MSEK. Among the investors are the founder of Apotea, Pär Svärdson, and the former Klarna Manager, Louise Samet. The company will now expand and develop the product further. […]

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List: the five new companies in Sting Incubate

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. […]

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Sales-tech company Tölve raises 2.6 MSEK

Tölve has raised 2.6 MSEK from investors like Anders Göransson at Soläng Invest, Softhouse Invest and former CEO of Telge, Kjell Hasslert. The capital will be used to launch the company’s self-learning sales platform and establish Tölve on the Swedish market. Tölve’s SaaS service, an AI-based “sales assistant”, helps sales professionals to identify new potential […]

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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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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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