STING Capital

Sting is one of the leading business accelerators in Sweden. Having worked with more than 300 startups since its inception in 2002. Sting combines experienced angel investors with noteworthy founders, who want to propel their business. Sting is typically interested in supporting startups in the tech space. With a special emphasis on healthtech, software and services, sustaintech, deeptech, and fintech.

Sting has been distinguished by Global Startup Awards, as the best accelerator/incubator, which shows you the quality of what they do. Their typical funding is around SEK 500,000.

They offer 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.

-Admission: 2 batches per year, 12-15 startups per batch Length: Minimum four months, maximum 24 months (depending on where you are on your startup journey).

-Cost: They have a “success fee” model in the form of stock warrants to Sting. Investment from Propel Capital: SEK 500 000 convertible note (in addition to Sting’s warrant).

-Requirements: Launched prototype/alpha. Founding team of minimum two people.

Their verticals include health tech, climate tech, digital and deep tech.

Applicants willing to apply for the programme can do it by following this link.

Portfolio: Symbiosis, LegiMeet, Fill, Parently.