Sting

Sting enables talented people to turn their ideas into sustainable businesses. The support we offer includes qualified coaching in business development, a business angel network, a venture capital fund, a recruitment service, and an international network of investors, business contacts and experts. We contribute to the success of Sweden’s future technology companies by helping them to grow and compete internationally, and by generating export revenues for Stockholm.

Charlena Radic

Founder, President and CEO

Past deals in Sweden

Hopen Internships

Pre Seed Round in 2023
Hopen is an online platform that specializes in recruitment for internships. The company is based in Stockholm, Sweden.

CelluXtreme

Non Equity Assistance in 2022
CelluXtreme is a start-up company that utilizes composite material from bio-based, renewable raw materials. It was founded in 2020 and is headquartered in Stockholm, Sweden.

reCRQL

Non Equity Assistance in 2022
ReCRQL is a SaaS platform for the next generation of circular retail. The company was founded in 2021 and is headquartered in Goteborg, Sweden.

Greenworks

Non Equity Assistance in 2022
Greenworks is a provider of vertical gardens and living furniture that specializes in industrial design, botany, and irrigation technology. The company was founded in 2009 and is headquartered in Stockholm, Sweden.

Vivium

Non Equity Assistance in 2022
Vivium is a digital staffing platform for all key players in healthcare providers, staffing companies, and staff. Vivium was founded in 2019 and is headquartered in Stockholm, Sweden.

Health Integrator

Seed Round in 2020
Health Integrator AB is a digital health platform based in Stockholm, Sweden, established in 2017. The company provides a comprehensive marketplace for accessing a variety of health services, focusing on key areas such as diet, physical activity, sleep habits, stress management, and substance use. By offering health screenings and personal health coaching, Health Integrator aims to support users in achieving sustainable healthy lifestyles and reducing the risk of chronic diseases. The platform consolidates numerous health activities and services, making it easier for individuals to manage and enhance their overall well-being.

Paradiset

Venture Round in 2020
Paradiset AB is a grocery store operator based in Stockholm, Sweden, specializing in natural and organic products. The company emphasizes providing fresh and sustainable food items by sourcing directly from manufacturers, which allows it to offer competitive prices without intermediaries. In addition to its physical stores, Paradiset features an online food marketplace that enables customers to purchase meals from various restaurants, further enhancing access to healthy dining options. Through its commitment to quality and sustainability, Paradiset aims to serve the growing demand for nutritious food choices in Scandinavia.

Tilly

Non Equity Assistance in 2020
Tilly, a Stockholm, Sweden-based startup building a mobile application for fertility solutions.

Jaisy Health

Non Equity Assistance in 2020
Jaisy Health develops a jaundice detection equipment intended to develop a low cost but highly accurate solution for non-invasive jaundice in infants. It leverages technology to provide an optical mobile device that connects to any smartphone which measures the bilirubin level and predicts the risk of jaundice regardless of time and location, thereby providing clients with a low-cost solution to detect and measure jaundice. The company was founded in 2018 and is headquartered in Stockholm, Sweden.

Ridesum

Pre Seed Round in 2019
Ridesum AB is a Swedish company founded in 2018, specializing in software applications designed for horse riders and coaches. Based in Ekerö, Ridesum offers a digital training arena and collaboration platform that connects riders with trainers and experts in the equestrian field. The application provides features such as a searchable database for trainers, workout booking capabilities, and live video streaming for feedback, which facilitates performance improvement and enhances the coaching experience. By enabling remote interactions, Ridesum helps riders save time and money while promoting environmentally friendly practices by reducing travel needs.

Mendi

Venture Round in 2019
Mendi is a company based in Stockholm, Sweden, established in 2018, that specializes in developing an at-home Neurofeedback Brain Training headband paired with a mobile application. This innovative device aims to enhance mental well-being by helping users improve focus, regulate emotions, and build mental resilience. The headband provides a user-friendly experience, allowing individuals to engage in unlimited mental training sessions, thereby promoting better mental health and performance. Mendi's approach combines hardware and software to create a comprehensive solution for individuals seeking to strengthen their cognitive abilities and overall mental health.

Cardia

Convertible Note in 2019
Cardia AB is a registered car dealer operating under the supervision of the Swedish Transport Agency. The company specializes in the trading of passenger cars and light motor vehicles, adhering to licensing regulations. Cardia AB has created an application that facilitates car sales between private individuals, enhancing the process of buying and selling used cars. The platform provides quality testing and auction services, including access to test protocols that detail the condition of vehicles at various test points. Additionally, Cardia offers car guarantees, insurance, and financing options with competitive interest rates, allowing clients to concentrate on selling their cars effectively.

The Fit

Non Equity Assistance in 2019
The Fit, based in Kalix, Sweden, specializes in mobile 3D body scanning technology that transforms smartphones into body scanners. This innovative technology generates digital body IDs for users, allowing them to find their correct clothing size, order customized products, and virtually try on garments. By creating detailed 3D avatars using smartphone scans and artificial intelligence, The Fit provides personalized sizing recommendations. This not only enhances the shopping experience for consumers but also aids clothing retailers in reducing merchandise returns and collecting valuable body measurement data relevant to their customer base.

Health Integrator

Non Equity Assistance in 2019
Health Integrator AB is a digital health platform based in Stockholm, Sweden, established in 2017. The company provides a comprehensive marketplace for accessing a variety of health services, focusing on key areas such as diet, physical activity, sleep habits, stress management, and substance use. By offering health screenings and personal health coaching, Health Integrator aims to support users in achieving sustainable healthy lifestyles and reducing the risk of chronic diseases. The platform consolidates numerous health activities and services, making it easier for individuals to manage and enhance their overall well-being.

Defentry

Convertible Note in 2018
Defentry AB is a cybersecurity company based in Stockholm, Sweden, that specializes in identity safety and real-time threat intelligence. Founded in 2015, Defentry develops a platform designed to help businesses and individuals protect themselves from data breaches and leaks. The platform actively scans governmental, open-web, deep-web, and dark-web sources to monitor for changes or leaks of personal information. It provides alerts to users when their data is compromised and offers coaching on how to respond effectively. By focusing on comprehensive monitoring and threat intelligence, Defentry aims to shield clients from cybercrime and online fraud.

Valiant Game Studio

Angel Round in 2018
Valiant Game Studio is an independent game development company located in Stockholm, Sweden, specializing in the creation of fantasy role-playing games. The studio is dedicated to developing games that emphasize the social aspects of classic role-playing experiences, aiming to provide players with meaningful and thought-provoking narratives. By focusing on rich storytelling and immersive gameplay, Valiant Game Studio seeks to offer experiences that go beyond mere entertainment, encouraging players to gain insights about the physical world while engaging in digital adventures. The company's games are designed for a variety of platforms, including Windows, iOS, Mac, Android, and Xbox.

Suavoo

Convertible Note in 2018
Suavoo is a Sweden-based on-demand beauty service application that connects users with professional hairstylists and makeup artists at their chosen location. Founded in 2016 by Christian Zanders and Linda Absberg, Suavoo aims to enhance the customer experience by offering a personalized styling service. Users can browse a lookbook of various hair and makeup styles to select the perfect look for any occasion. The platform carefully curates a network of freelance beauty professionals to ensure high-quality results, allowing customers to enjoy beauty services conveniently in their own homes. This innovative approach addresses the evolving demands of the beauty industry, providing a streamlined booking experience that prioritizes personalization and customer satisfaction.

Cryptolens

Convertible Note in 2018
Cryptolens AB, founded in 2017 and based in Stockholm, Sweden, provides a cloud-based platform that simplifies software licensing and protection. The company specializes in offering licensing, payments, distribution, and analytical services, utilizing artificial intelligence to enhance revenue optimization and identify untapped customer segments. Its technology includes a .NET API, an API for C++, and various open-source projects, allowing developers to efficiently manage the entire software lifecycle. By combining advanced analytics with a user-friendly interface, Cryptolens aims to streamline the process of launching and safeguarding software.

Cribble Craft

Non Equity Assistance in 2018
Cribble Craft AB specializes in designing and developing children's toys that focus on creativity and spatial skills through construction. Founded in 2018 and based in Stockholm, Sweden, the company offers a range of building kits that allow users to create unique mini-house designs. These kits include a base kit, along with specific themes such as bedroom, kitchen, and living room, enabling children to plan and build their own spaces by selecting wallpapers, flooring, and furniture. Cribble Craft aims to provide an inclusive play environment that encourages all genders to explore technology and design without traditional gender biases. The company's products are available through retail outlets and its own e-commerce platform.

Relox Robotics

Venture Round in 2018
Relox Robotics AB, founded in 2018 and based in Stockholm, Sweden, specializes in manufacturing autonomous robots designed to automate dangerous, repetitive, and labor-intensive tasks. One of its notable products is the Range Picker, an automated golf ball picker that systematically collects golf balls from driving ranges. This innovation not only enhances safety by removing the need for manual picking but also allows personnel to focus on more valuable activities. The robots are powered by electricity and can be charged using green energy, positioning the company as a sustainable alternative to traditional systems reliant on gasoline. Through its products, Relox Robotics aims to transform labor-intensive processes and contribute to a more meaningful economy by replacing outdated and environmentally harmful practices.

Sniph

Seed Round in 2017
Sniph AB is a subscription-based service that specializes in providing customers with the opportunity to discover new perfumes on a monthly basis. Founded in 2015 and headquartered in Stockholm, Sweden, Sniph operates under the belief that scents have a profound impact on emotions and memories. The service allows users to explore a variety of fragrances, enhancing their olfactory experiences and helping them find scents that resonate with their personal preferences. By offering a curated selection of perfumes, Sniph aims to simplify the process of discovering new fragrances and enrich the lives of its subscribers.

Airmee

Convertible Note in 2017
Airmee is a logistics company based in Stockholm, Sweden, specializing in last-mile distribution solutions for e-commerce businesses. Founded in 2016, Airmee offers same-day and express delivery services, utilizing a technology-driven platform that incorporates machine learning and proprietary optimization techniques. This platform allows e-commerce companies to schedule and manage their delivery routes in real time, ensuring efficient and timely service. By focusing on environmentally sustainable practices, Airmee aims to enhance the delivery experience while minimizing the environmental impact of logistics operations. As one of Europe's rapidly growing logistics startups, Airmee is positioned to streamline supply chain processes and improve overall delivery efficiency for its clients.

Hatrabbit Entertainment

Venture Round in 2017
Hatrabbit is an entertainment studio located in Stockholm, Sweden. Hatrabbit has a long history in game development and has been hands on creating and managing some of the worlds biggest AAA and mobile franchises for 17 years including Battlefield and Angry Birds. Their goal is to create immersive and social experiences played across different platforms.

AppJobs.com

Convertible Note in 2017
AppJobs helps gig workers multi-app better with a series of products from sign-up stage to accessing utilities as a gig worker. Appjobs.com matches job seekers with the right gig platforms in their city and introduces them to gig economy. Appjobs Work helps gig workers aggregate their work and income data, get insights to maximise their earnings and access a range of services such as income protection and financial services.

Elly Pistol

Convertible Note in 2017
Elly Pistol makes dope designs from inspiration running in our veins. We are certain and loud, yet timeless and humble. Elly Pistol was launched in Sweden early 2015 and is an online brand shipping worldwide. They are super excited to already have customers in more than 30 countries, and they owe their success to their edgy yet timeless bomber jackets that quickly gained lots of attention in social media. Their goal is to keep designing seriously fresh jackets for women and other pretty sweet clothing too. But Elly Pistol is more than just a loud bomber jacket brand. It’s a conscious concept. They fight violence by normalizing words such as bomb, blow or fire. Anything that blows your mind is a connotation of love.

Newsvoice

Non Equity Assistance in 2017
Newsvoice is a Swedish company that developed a mobile application for crowdsourced news, founded in 2017 and based in Stockholm. The application aggregates news articles from a wide range of sources and categorizes them based on user preferences. By scanning hundreds of news outlets, it provides readers with diverse perspectives on current events, allowing them to see how different media report the same stories. The community plays a crucial role in this process, as users contribute by validating the news, highlighting important stories, and suggesting new sources. This approach aims to reduce media bias and misinformation, helping users stay informed about various viewpoints and enhancing their understanding of global events.

DPOrganizer

Convertible Note in 2016
DPOrganizer is a privacy management software company founded in 2015 and headquartered in Stockholm, Sweden. The software is designed to assist professionals throughout the privacy program lifecycle by enabling them to map, visualize, report, and manage the processing of personal data. This functionality helps clients improve control and compliance with privacy regulations, reduce risks, and utilize internal resources more efficiently. The platform aims to facilitate better collaboration and communication within organizations, ultimately supporting their growth in compliance with GDPR and other privacy requirements.

Defentry

Seed Round in 2016
Defentry AB is a cybersecurity company based in Stockholm, Sweden, that specializes in identity safety and real-time threat intelligence. Founded in 2015, Defentry develops a platform designed to help businesses and individuals protect themselves from data breaches and leaks. The platform actively scans governmental, open-web, deep-web, and dark-web sources to monitor for changes or leaks of personal information. It provides alerts to users when their data is compromised and offers coaching on how to respond effectively. By focusing on comprehensive monitoring and threat intelligence, Defentry aims to shield clients from cybercrime and online fraud.

Musqot

Convertible Note in 2016
Musqot Marketing Technology is an enterprise application company headquartered in Stockholm, Sweden, with a development team based in Bangalore, India. It specializes in providing a platform that streamlines marketing services through a comprehensive marketing resource management database. The software enables users to efficiently plan, budget, manage, and analyze marketing activities and performance online, enhancing the accessibility of marketing technologies. Musqot is led by experienced professionals from the marketing resource management industry, ensuring a strong foundation in the sector.

Sniph

Convertible Note in 2016
Sniph AB is a subscription-based service that specializes in providing customers with the opportunity to discover new perfumes on a monthly basis. Founded in 2015 and headquartered in Stockholm, Sweden, Sniph operates under the belief that scents have a profound impact on emotions and memories. The service allows users to explore a variety of fragrances, enhancing their olfactory experiences and helping them find scents that resonate with their personal preferences. By offering a curated selection of perfumes, Sniph aims to simplify the process of discovering new fragrances and enrich the lives of its subscribers.

MediCheck

Pre Seed Round in 2016
MediCheck AB is a teleconsultation platform based in Stockholm, Sweden, founded in 2016. The company provides an online service that allows individuals, particularly those with chronic health conditions, to book appointments with medical specialists. Users can connect with doctors via video calls or messaging, enabling them to receive expert medical advice tailored to their specific needs. MediCheck's platform facilitates the organization, execution, and documentation of these consultations, ensuring a streamlined process for both patients and healthcare providers. Customers pay the medical professionals for their services, while MediCheck earns a commission for facilitating the appointments.

Antourage

Non Equity Assistance in 2016
Antourage AB, founded in 2015 and based in Stockholm, Sweden, is a media technology platform that specializes in the development of web applications for managing micro-content strategies and distribution channels, particularly for sports brands. The company offers a mobile broadcasting application and a production dashboard that enables content creators to produce interactive experiences and engage audiences through custom-built videos and social media campaigns. By integrating influencers into the mainstream media landscape, Antourage empowers businesses to enhance their branding efforts through live video streaming and interactive content, adapting to the evolving demands of the media industry.

SurfCleaner

Non Equity Assistance in 2016
SurfCleaner AB is a Swedish company focused on providing innovative solutions for industrial and municipal wastewater management, as well as oil spill recovery. The company's core product, the SurfCleaner Skimmer Separator Hybrid, is designed to efficiently collect and separate various pollutants from water surfaces without the need for pumps, power packs, or hydraulic systems. This device effectively removes oil, diesel, petrol, microplastics, sludge, and debris, making it suitable for use in oil refineries, ports, and municipal waters globally. By operating continuously, SurfCleaner significantly reduces CO2 and VOC emissions, contributing to a cleaner environment. The company gained recognition by winning the Nordic Cleantech Open in 2019, highlighting its commitment to sustainability and innovation in pollution management.

Sudio

Seed Round in 2015
Sudio is a Swedish design company that specializes in creating elegant and minimalistic audio devices for portable electronic devices. The company produces a range of products, including wireless earbuds, headphones, and speakers, focusing on delivering premium sound quality. With an emphasis on stylish design and functionality, Sudio aims to enhance the listening experience for users while maintaining a commitment to high standards in both aesthetics and performance.

Brainville

Convertible Note in 2015
Brainville AB is a digital marketplace based in Stockholm, Sweden, that connects contractors, consultancies, and freelancers in the Nordics. Founded in 2013 and rebranded from RSRC in 2017, Brainville provides a platform where sellers and buyers of services can easily find and engage with each other. The company's online staffing service simplifies the process of matching consulting firms and clients with suitable candidates, facilitating the establishment of new partnerships and the management of existing relationships. Through its marketplace, Brainville aims to enhance collaboration within the freelance and consulting sectors.

Airinum

Convertible Note in 2015
Airinum is a Swedish company focused on addressing global air pollution by producing high-quality breathing masks designed for urban dwellers and health-conscious individuals. Their innovative masks incorporate multiple filtration layers to effectively capture various types and sizes of airborne particles. Additionally, these masks feature a dual valve ventilation system that minimizes moisture buildup, ensuring comfort and a personalized fit to reduce leakage for users of all face shapes. By providing these advanced products, Airinum aims to empower individuals to maintain healthy lifestyles, regardless of their environmental conditions, and to help prevent respiratory issues associated with air pollution.

Billecta

Convertible Note in 2015
Billecta AB, based in Stockholm, Sweden, was established in 2014 and focuses on automating the invoice flow for businesses of all sizes. The company offers a platform that streamlines the entire invoicing process, from invoice creation to the reconciliation of incoming payments. By integrating with various modern systems such as business management, CRM, and accounting software through a robust WebAPI, Billecta facilitates efficient financial management for its users. This platform allows payees to receive funds directly into their accounts, significantly reducing the time taken to access payments. Additionally, Billecta provides notifications upon payment receipt, alleviating the need for businesses to track customer payments manually. As of September 2018, Billecta operates as a subsidiary of Savelend Sweden AB.

ShopJoy

Non Equity Assistance in 2015
ShopJoy helps create a better shopping experience through mobile marketing solutions. It provides its users with the possibility to communicate with customers through their smartphones. Backed with iBeacon, ShopJoy makes it possible to pinpoint the exact position of a customer without the interference of physical distractions. ShopJoy was founded in 2013 and is based in Stockholm, Sweden.

Inkonova

Non Equity Assistance in 2015
Inkonova AB, founded in 2015 and based in Stockholm, Sweden, specializes in developing drone solutions tailored for underground mining and other subterranean applications. The company offers a unique drone platform designed to operate effectively in challenging underground environments, featuring ruggedized designs and advanced autonomous navigation technology. One of its key innovations is the Bat-onomous system, which allows aerial drones to navigate unknown areas without reliance on existing infrastructure. Additionally, Inkonova's drones are equipped with 3D laser mapping capabilities, enabling efficient survey mapping and access to hard-to-reach areas in mines and tunnels.

Mondido

Non Equity Assistance in 2014
Mondido is a payment service provider based in Stockholm, Sweden, that focuses on enhancing conversion rates for online merchants. Launched in 2014, the platform allows businesses to accept payments seamlessly on their websites and mobile applications. It is designed to meet local market needs, offering features that facilitate easier online transactions and provide insights for analyzing sales performance. By streamlining payment acceptance and equipping merchants with analytical tools, Mondido aims to maximize sales and improve the overall online shopping experience.

Bumbee Labs

Non Equity Assistance in 2014
Bumbee Labs specializes in providing analytics and predictions related to footfall and crowd data by capturing anonymous Wi-Fi signals from smart mobile phones. Their services are applicable in both outdoor and indoor environments, with a focus on delivering insights that include key performance indicators such as the number of visitors, dwell time, and movement paths. The company's unique AI-driven data model has received approval from the Swedish Data Inspection Authorities, ensuring compliance with GDPR regulations, making Bumbee Labs the only company in Europe with such recognition. The data collection and cleaning process is conducted anonymously, utilizing sophisticated statistical methods alongside machine learning to ensure accuracy. Insights can be accessed through Bumbee Labs' proprietary dashboard or integrated into clients' preferred business intelligence systems. Their analytics platform can work with existing Wi-Fi networks or those specifically installed for the purpose of gathering crowd insights.

Collabodoc

Non Equity Assistance in 2014
CollaboDoc is a healthcare company focused on enhancing primary care accessibility and efficiency through its proprietary process tool. By implementing the "Light Acute concept," CollaboDoc has successfully doubled the time physicians spend with patients, significantly minimizing waiting times. The company's innovative approach supports both in-person and digital care visits, addressing various healthcare needs such as direct reception, sick leave, mental health, and vaccinations. Studies conducted by the Karolinska Institutet and Stockholm School of Economics demonstrate that CollaboDoc's methods lead to improved efficiency, high patient satisfaction, and a better working environment for healthcare staff.

Spontano

Non Equity Assistance in 2014
Spontano is an online platform to find and book tickets for events in Stockholm, Sweden. It was launched in 2013.

Gro Play

Non Equity Assistance in 2014
We create GOOD GAME experiences in order to entertain and inspire children and their families to learn more about health, wellbeing and sustainable living. We believe that Play is not only the most fun but also the most powerful way of learning. By entertaining and inspiring children and their parents, together we are shaping a healthier and more sustainable future. Still in its cradle, our company has already attracted the attention of many companies and organisations. If you are representing a brand or organisation and would like to discuss possible collaborations, please contact us at info@groplay.com. Gro Play is currently participating in the STING Fast Forward Accelerator program at SUP46 in Stockholm, Sweden. Founder Patricia Richter is a Change Leader within Reach for Change. Reach for Change was founded by the Kinnevik Group (Tele2, Metro, Korsnäs, MTG, CDON Group). This independent non-profit foundation invests in social entrepreneurs who help children and youth to a better life. GRO PLAY is a proud winner of the Swedish Living Green award 2012.

Gleechi

Non Equity Assistance in 2014
Gleechi AB, founded in 2014 and based in Stockholm, Sweden, specializes in developing software solutions that facilitate natural interactions between humans, computers, and robots. The company has created a pioneering software product that allows for real-time hand motion interaction, enhancing user experiences in virtual reality and gaming, as well as enabling advanced interaction capabilities for robotic hands. Gleechi's innovations are rooted in sophisticated computer vision and machine learning algorithms. The company has received notable accolades, including the Super Startup of the Year award from Veckans Affärer and ALMI Invest, the EIT Digital Idea Challenge in Europe, and the Startup of the Year award from STING (Stockholm Innovation & Growth).

Qasa AB

Non Equity Assistance in 2014
Qasa AB is a digital platform based in Stockholm, Sweden, specializing in housing lets and sublets. Founded in 2014, the company offers an online service that simplifies the rental process for both homeowners and tenants. Its platform manages various aspects of rentals, including contracts and payments, ensuring a smooth and secure experience. Qasa employs a matching algorithm to help clients navigate the housing market effectively, enabling them to find suitable homes with minimal effort. The company emphasizes customer support throughout the entire rental journey, aiming to make the experience of finding the right home pleasant and accessible. As of February 2019, Qasa AB operates as a subsidiary of Blocket AB.

Dreams

Non Equity Assistance in 2014
Dreams is a neo-bank based in Stockholms Lan, Sweden, founded in 2013. The company offers a personal finance mobile application designed to simplify saving, spending, and lending money. Dreams focuses on making the process of saving engaging and social, providing users with motivation and support to achieve their financial goals. The app encourages users to save for various aspirations by breaking down larger objectives into manageable steps. Through its innovative approach, Dreams aims to empower individuals to reach their financial dreams effectively.

RelationDesk

Non Equity Assistance in 2013
RelationDesk is a social media tool for customer service, marketing, and sales. Users can import all their conversations from Facebook and Twitter, answer customers’ questions directly via RelationDesk, and gain access to analytics. RelationDesk was launched by Fritjof Andersson, Bjorn Sundqvist, Christer Wikner, and Daniel Wahlberg, and its operations are based in Stockholm, Sweden.

Exmet

Non Equity Assistance in 2013
Exmet AB, established in 2009 and headquartered in Kista, Sweden, specializes in additive manufacturing technology for producing components made from amorphous and nanocrystalline metal alloys. This innovative technology enables the creation of metal parts of various sizes and shapes, significantly reducing weight by up to 90% while enhancing strength and corrosion resistance. Exmet's solutions are particularly beneficial for industries such as aerospace, automotive, energy, defense, and medical devices, as they facilitate lower energy losses in magnetic components. The company's advancements in 3D printing push the boundaries of traditional manufacturing methods like casting and thermoplastic forming, offering improved efficiency and performance in metal component production.

Expektra

Non Equity Assistance in 2013
Expektra is a company that specializes in enhancing the efficiency of electric power systems. Founded in 2010, it focuses on improving the balance between electricity generation and consumption, particularly in the context of renewable energy sources like solar and wind power. Expektra addresses the challenge of intermittent energy availability by providing services that enable more accurate predictions of power demand and supply. This includes the innovative use of flexible electricity demand as a new balancing power resource. The company's cloud service, Expektra Link, integrates real-time market data into business applications such as Excel and Qlikview, allowing users to make informed decisions based on current market conditions. As a distributor of data from various energy market platforms, Expektra contributes to the development of sustainable technology and supports a more efficient energy system with reduced environmental impact. Its office is located at the Royal Institute of Technology (KTH).

Unomaly

Non Equity Assistance in 2012
Unomaly AB develops software solutions that automate the analysis of data generated by IT systems, enabling organizations to monitor critical environments effectively. Founded in 2012 and based in Stockholm, Sweden, with an additional office in London, the company offers several key products: Investigate, which automates the analysis of anomalous incidents and identifies their underlying causes; Detect, which alerts users to unknown incidents and errors through anomaly detection; and Comply, which establishes processes for enhanced situational awareness. Unomaly serves a diverse range of customers both in Sweden and internationally, focusing on empowering organizations to shift from problem-solving to proactive evolution in their IT infrastructure management. As of early 2020, Unomaly operates as a subsidiary of LogicMonitor, Inc.

Degoo

Non Equity Assistance in 2012
Degoo is an experience-driven platform offering 100GB of free, secure cloud storage with an AI-empowered interactive display that helps users re-discover their best memories. Designed in the bursting Swedish startup scene, Degoo offers users globally a solution to not only store their precious data securely online, but to access it as well with free Wi-Fi from the Powered by Degoo app Instabridge.

BuildX

Non Equity Assistance in 2012
BuildX is a Swedish company focused on transforming the construction market by facilitating access for international contractors. Recognizing the high demand for construction services in Sweden, which has the highest prices in Europe, BuildX aims to overcome existing trade barriers that limit market participation. The company provides a platform for conducting construction tenders in both the private and public sectors, allowing national and international firms to compete. By simplifying the construction process and offering IT support, design services, and market information on materials and wages, BuildX enhances the ability of contractors to engage in projects efficiently. This initiative aligns with BuildX's vision of creating a unified construction market in Europe, where pricing is more balanced and contractors can operate freely.

Telcred

Seed Round in 2011
Telcred AB is a Stockholm-based company that specializes in software solutions for physical access control, utilizing cloud technology and smartphones. Founded in 2009 as a spinoff from the Swedish Institute of Computer Science, Telcred focuses on offline and wireless access control systems, primarily targeting infrastructure sectors such as telecommunications, energy, and public transportation. Its innovative system allows for the use of near-field communication (NFC) devices—such as mobile phones or contactless smart cards—as alternatives to traditional keys and smart cards. The unique architecture of Telcred's system ensures that lock controllers do not require updates when user access rights are modified, simplifying management. The company provides a comprehensive suite of components, including backend systems for user account management, NFC devices for storing access rights, NFC readers for communicating with these devices, and lock controllers that verify access. Telcred's solutions can be integrated with existing physical access control systems and are offered to installers, end customers, and original equipment manufacturers.

iCellate

Non Equity Assistance in 2011
iCellate is a Swedish, privately owned, stock company founded in 2011 and based in Stockholm. iCellate develops products in the field of cancer research and detection, more specifically circulating tumor cells (CTC). iCellate® is based on research from the Karolinska Institute in collaboration with the Karolinska University Hospital and the Royal Institute of Technology in Stockholm. The company was inducted in the respected business incubator Stockholm Innovation and Growth (STING) in August 2011 and is supported by the Karolinska Institute’s Innovation Office. The company has received competitive business development grants from the Swedish Governmental Agency for Innovation Systems – VINNOVA, Uppsala Bio, Eurostars and the Swedish Incubators and Science Parks – SISP.

Barnebys

Non Equity Assistance in 2011
Barnebys is a leading online search aggregator for art, antiques, and collectibles, founded in Stockholm, Sweden in 2011. The company operates globally, with offices in New York, the UK, France, Spain, and Germany. Barnebys provides a platform that connects buyers and sellers in the auction industry, allowing them to conduct transactions through a user-friendly interface. The service caters to top-tier auctioneers, antique dealers, galleries, as well as regional and local businesses. In addition to its search capabilities, Barnebys offers an extensive free database of auction results and a premium valuation service, enhancing the tools available to its clients. The company continues to explore opportunities for growth and expansion in the auction market.

Orexplore

Non Equity Assistance in 2010
Orexplore AB, established in 2010 and based in Kista, Sweden, specializes in developing, manufacturing, and selling products for the analysis of non-organic materials. The company focuses on the exploration and mining sectors, offering an X-ray fluorescence mineral analysis device and a portable scanner designed for examining minerals and various solid samples, including soil. These tools leverage advanced algorithms and radiology research to provide insights into material composition, aiding in mineral analysis and discovery. As a subsidiary of Swick Mining Services Limited, Orexplore aims to enhance sustainability in mining through innovative technology.

Cortus Energy

Non Equity Assistance in 2007
Cortus is a Swedish Cleantech startup focused on providing biomass energy through gasification for high-heat process industries. The company has developed a technology called WoodRoll, which generates high heat value synthetic gas from biofuels using a carbon dioxide neutral method. This innovative process meets the energy demands of various sectors, including the process and transport industries, by offering renewable energy alternatives to fossil fuels. As a result, Cortus contributes to lower energy costs and delivers significant environmental benefits, promoting a more sustainable energy landscape.

CyberGene

Non Equity Assistance in 2007
CyberGene AB is a Swedish company specializing in the development and manufacture of diagnostic kits for the detection of chromosomal disorders, particularly in prenatal diagnostics. Founded in 1995 and headquartered in Solna, the company offers a range of products, including the ChromoQuant® QF PCR kit, which is CE marked for quick identification of chromosomal abnormalities in fetuses. This kit is complemented by the Visualizer™ software, which significantly reduces test time from weeks to days. CyberGene also provides DNA and RNA oligonucleotide synthesis for both in vitro diagnostics and analytical services. Its products are distributed both domestically and internationally, and the ChromoQuant line has gained recognition in multiple countries worldwide as a trusted solution for genetic diagnostics.

Yubico

Non Equity Assistance in 2007
Yubico AB is a company specializing in authentication solutions aimed at enhancing digital security for enterprises and online services. Founded in 2007 and headquartered in Stockholm, Sweden, with an additional location in Sunnyvale, California, Yubico is renowned for its YubiKey, a hardware authentication token that provides strong two-factor authentication through a simple USB interface. The YubiKey is compatible with numerous platforms and services, offering various authentication methods such as one-time passcodes and passwordless login, which help prevent unauthorized access and identity theft. Yubico also offers YubiEnterprise Delivery, a cloud-based service for efficient YubiKey distribution, and YubiKey Firmware for secure pre-boot settings. The company's clientele includes individual developers, universities, and government entities, reflecting its broad impact across diverse industries including healthcare, finance, and technology. Yubico continues to innovate, expanding its product offerings to address the evolving challenges of digital security.

Acumem

Non Equity Assistance in 2006
Acumem is a provider of intelligent software which analyzes and helps optimizing the computing performance in single- and multi-core environments. Acumem contributes to their customers' success in maximizing the benefits of multi-core technology, achieving the full potential of their systems. Acumem has partnerships with leading companies in the multi-core market such as Sun Microsystems, HP and Microsoft. Acumem is a privately held company based in Uppsala, Sweden with sales office in Boston, USA.

IRnova

Non Equity Assistance in 2005
IRnova is a Swedish high-tech company engaged in the development, manufacturing and marketing of high-end cooled infrared detectors and related technology. IRnova is dedicated to providing their customers and OEM partners with leading QWIP and T2SL based infrared capabilities, giving a clear competitive advantage. IRnova is committed to establishing close and trusting relationships with their suppliers and customers in order to maintain their position as a secure and long term provider of unique infrared technology to the market.

Midsummer

Non Equity Assistance in 2005
Midsummer, founded in 2004 and headquartered in Stockholm, Sweden, specializes in the production of CIGS thin film solar cells and the manufacturing equipment necessary for their cost-effective production. Drawing on the founders' experience in optical disc manufacturing, Midsummer has developed a unique approach that utilizes mature technology to produce smaller, flexible solar cells measuring 156×156 mm. This design allows for efficient process development and avoids common challenges associated with scaling up production. The lightweight solar panels can be integrated into a variety of surfaces, including membrane roofs, portable power plants, marine installations, vehicles, and other infrastructure projects. Midsummer's focus on flexibility and innovative production techniques positions it as a key player in the evolving solar energy market.

Diamorph

Non Equity Assistance in 2003
Diamorph AB specializes in the development, manufacturing, and sale of advanced materials for demanding industrial applications, particularly in fire protection, rail, vacuum pumps and compressors, marine, high-temperature processes, automotive, renewable energy, and wear protection. Founded in 2003 and headquartered in Stockholm, Sweden, the company benefits from 50 years of experience derived from a leading materials research department at Stockholm University. With a strong emphasis on research and development, Diamorph offers a variety of products, including bearings, rollers, fire protection materials, hard materials, refractories, and rotor vanes. The company relies on cutting-edge technology to create high-performance solutions for safety-critical applications, serving customers in over 60 countries and employing approximately 270 staff across its facilities in Sweden, the Czech Republic, and the United Kingdom. Diamorph aims to carve out deep niches in larger markets, focusing on differentiation and long-lasting customer relationships.

Cuptronic Technology

Non Equity Assistance in 2003
Cuptronic AB is a Swedish development company specializing in advanced processes for high-density interconnect printed wiring boards (HDI PWBs). The company has collaborated with reputable institutions, including KTH - Royal Institute of Technology, Luleå Technical University, and Umeå University, to refine its innovative copper deposition method. This patented process enhances the reliability of printed circuit boards (PCBs) by chemically bonding copper to surfaces, resulting in strong adhesion and high packing density, constrained only by lithographic patterning techniques. Notably, the technology accommodates halogen-free substrates and minimizes the use of etching chemicals, as it can function as either a semi-additive or full additive process, completely eliminating copper etching in the latter. Cuptronic’s advancements also extend to other areas, including plating on plastic and 3D molded interconnect devices, providing clients with solutions that improve product yields.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.