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NEWS September 18, 2017

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 startups to Stings Incubate program, and 33 companies in total this year to Sting. This is a record since we started in 2002. Of the six companies, three – Cling, Nordic Weld Assist and Airmee – come from KTH Innovation’s pre-incubtor, with whom we work closely, “says Karin Ruiz, business coach at Sting.

The companies are offered 6 to 18 months tailor-made coaching and have the opportunity to receive SEK 300,000 from Propel Capital, the investment company investing exclusively in Sting companies. New this year is that, in addition to support from Sting’s experienced coaches, the companies also have access to 30 hours that can be used for buying coaching offered by external experts in areas such as SEO / SEM, UX and Conversion Optimization.

One of the new companies is Cling, which earlier this summer launched a service that makes it easy for craftsmen to write quotes and agreements.
– We see a great demand for our service. Since the launch in late July, we have already secured over 100 customers who send their quotes and agreements through the service, ranging from small companies with one employee to larger companies with more than 50 employees. Now we are ready to accelerate and look forward to qualified sparring from the Sting team, says Oskar Andersson, co-founder of Cling.

Sting’s support for startups includes, in addition to individual coaching and opportunity for investment from Propel Capital, access to Sting’s own recruitment service for startups, SUP46, THINGS or H2 locations, and access to Sting’s broad international network of investors, business contacts and experts.

Since the start of 2002, Sting has coached over 200 startups. Among the Sting Incubate companies are Yubico, Videoplaza, Volumental, Watty, Barnabys, Bioservo and MIND Music Labs.

Here are the six new Sting Incubate companies:
Airmee changes how goods are transported in cities by making “same day” and express delivery within 1-2h available and affordable to all. The company’s research-based technology optimizes real-time logistics flows, which maximizes logistics suppliers capacity and reduces cost and traffic in cities. Companies, stores and e-merchants can offer faster and convenient delivery services through Airmee’s API and deliver from the store within minutes.

Cling is a project tool that simplifies craftsman administration from first customer contact to payment. With the help of Cling, craftsmen can create quotes from simple and professional templates and send agreements that the customer signs with BankID. The idea is to make it easy to get the right information in place, so that craftsmen do not get into unnecessary disagreements and troubles with their customers.

HealthiHabits is a digital service that helps people with chronic diseases. At a time when doctors and nurses do not have enough time to support individual patients, HealthiHabit offers personal information and continuous support through a digital service and a personal virtual mentoring network of people with the same disease and health challenges.

Need Insights is an innovative market research company with cutting edge expertise in eye tracking data and measurement of crowds in physical environments. With the latest technology and intelligent analytics platforms, Need Insights helps companies understand their customers in a brand new way and create communications that really make a difference.

Nordic Welding Engineering has developed a method for quality assurance of welded structures. The majority of the welded products are about 20-40% heavier than necessary as there are no reliable methods for quality assurance of welded components with high strength steel. Through the implementation of the method in the manufacturing industry, productivity can increase by up to 50%, production costs are reduced and component weight is further optimized.

Valiant Game Studio is a new indie game studio, which aims to make roleplaying games with focus on social aspects. Storytelling is at the core of their experiences, which will give their players new ways of looking at the world around them.