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Programs

Accelerate

Accelerate

Application due: Jan 10, 2025

Take your startup from MVP to pre-seed readiness in just four months. Application OPEN until January 10th!

Accelerator
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Incubate

Incubate

Application due: Jan 10, 2025

Sting Incubate is (up to) an 18-month program that will get you from prototype to launch and prepare you for the next steps on your startup journey. Applications are now closed for Spring 2025.

Incubator
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The benefits of joining Sting

One size doesn't fit all.

Our coaches’ personalized approach and high commitment level is what makes the Sting experience competely unique.

We open more doors than any other.

Sting has been scaling startups for over 20 years and laid the foundations for Sweden’s startup ecosystem. We dare to say that our network is bigger and better than any other.

Sting for life.

We’re in it for the long haul, and so are you. Our alumni continue to support each other long after they graduate, and you can always reach out to us if you need help anytime in the future.

An unparalleled track record.

The success rate of Sting companies is xxxx, and investors know it. The Sting stamp of approval has a tangible, real-world impact on your business.

Words from our founders

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Pär Hedberg
CEO & Co-founder
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Pär Hedberg
CEO & Co-founder
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Pär Hedberg
CEO & Co-founder

We love all startups, but put extra bets on a few areas

Sting brings together Sweden’s most experienced coaches, successful entrepreneurs and dedicated investors within the climate and energy sectors.

Are you ready to start making some serious impact? We actively look for startups with innovations in areas such as:

  • ClimateTech
  • Sustainable Energy
  • Food and Agriculture
  • New Materials
  • Circular Solutions and Bioeconomy

With the ever so present health issues we face today, it truly sheds light on the urgent need for innovative health tech solutions. Sting brings together some of Sweden’s most experienced coaches, successful entrepreneurs and dedicated investors within the HealthTech sector.

Are you a startup with ground-breaking DeepTech technology?

As a DeepTech entrepreneur, with your longer sales and development cycles, you may need a little more time to develop your technology and find the right product-market fit. Sourcing lab equipment, capital, and the right co-founders often take time away from what you do best – making sure that the world gets access to your groundbreaking innovation. That’s why Sting Incubate DeepTech is a 24 months long program, especially targeted towards high-tech Startups.

We love all startups, but put extra bets on a few areas

Where visionary entrepreneurs tackle the most pressing challenges of climate change head-on. Get access to a robust network of experts and coaching. We empower climate-focused startups to drive innovation and create sustainable solutions for a greener future.

Sting brings together Sweden’s most experienced coaches, successful entrepreneurs and dedicated investors within the climate and energy sectors.

  • ClimateTech
  • Sustainable Energy
  • Food and Agriculture
  • New Materials
  • Circular Solutions and Bioeconomy

With the ever so present health issues we face today, it truly sheds light on the urgent need for innovative health tech solutions. Sting brings together some of Sweden’s most experienced coaches, successful entrepreneurs and dedicated investors within the HealthTech sector.

We support forward-thinking entrepreneurs to revolutionize the healthcare landscape. With a dedicated focus on cutting-edge technologies and impactful solutions, Sting provides unparalleled support to drive the growth and success of HealthTech startups.

Society is about supporting startups that reshape how we live, lead, and interact. Get access to coaches, experts and a network that supports your growth. We help startups committed to improving our communities and societies.

We support founders dedicated to creating societal and profitable impact through innovation in areas which include:

  • Fintech and Regtech
  • Proptech and Security
  • Blockchain, web3 and AI
  • Edtech & Creator Economy

With a steadfast commitment to DeepTech, Sting acknowledges its transformative potential that often demands a longer path to success. As a trusted long-term partner, we offer DeepTech startups unwavering support, fully recognizing the time-intensive nature of their breakthrough innovations.

Through our dedicated resources, extensive network, and patient approach, we empower these visionary ventures to navigate complexities, overcome hurdles, and ultimately realize their profound, industry-shaping impact.

FAQ

Have any questions?

Browse through the FAQs to gain insights and clarity on various topics related to our organization.

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Startup Academy

Why are we doing this?

Sting is Scandinavia’s leading tech startup incubator and accelerator. We have over two decades of perfected gathered experiences in guiding high-potential tech founders on their journey to becoming global successes.

Sting Test Drive

Will our IP be protected?

At the first workshop, all participants and organizers sign a confidentiality agreement. No information on the business concepts, technologies or names of participants may be spread outside the program without the consent of the participant in question.

Sting Test Drive

How does the selection to Sting Test Drive work?

We will review your application after the application deadline has passed and get back to you within two weeks. Between 10 to 12 projects are accepted to each round.

Propel Capital

Does Propel Capital invest in its portfolio companies?

Propel Capital guarantees a follow-on investment of 200,000 SEK as part of its initial investment offer. However, Propel Capital does not make any additional follow-on investments beyond this. Instead, Propel Capital’s CEO, Emanuel Andersson, actively supports portfolio companies in their financing rounds by facilitating introductions to potential investors.

Propel Capital

How is the number of shares that Propel Capital receives after conversion calculated?

The loan amount plus accrued interest at the time of conversion is divided by the price per share in the round, discounted by 30%.

Propel Capital

What are the terms of the Propel Capital convertible?

For full terms and conditions, please contact emanuel.andersson@sting.co. Read more for an overall summary of the terms:

Can't find what you're looking for?

Get Sting Ready

Not ready to apply for our programs yet? No problem. Turning an idea into a viable business concept can be daunting, so here are some valuable startup resources to add fuel to your fire and get you a few steps closer to joining the Sting community.

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Focus Areas

We are looking for big ideas with potential to solve real problems. In return, you’ll get access to a lifelong community that delivers more value and opens more doors than any other.

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Investors

Accelerate your investments with Sting

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Companies

Sting companies, radically changing the world as we speak.

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