Swedish Startup Space

Highlights from STING Day 2014

Written by on May 9

For those of you who don’t know, STING is a Stockholm based business incubator and also happens to be one of our important partners supporting us at Swedish Startup Space.

Yesterday the annual STING Day was held, which gathered more than 75 tech companies, 130 investors and speakers such as Jacob de Geer (iZettle) and Stina Ehrensvärd (Yubico). The mixed audience could browse through a broad showcase of startups and listen to pitches from both startups – and also for once – investors(!).

Most of the time though, people were chatting and networking like there was no tomorrow.

I asked Jill Lindström, director of marketing and communications at STING, about her thoughts the evening.“More and more international investors have realized what a hidden gem Stockholm is when comes to tech startups and entrepreneurs. We had 130 investors attending this year’s event – a record number! The purpose of STING Day is to link this global venture capital to Swedish innovations, and based on the high energy in the room, many great introductions and meetings took place yesterday.”

We had 130 investors attending this year’s event – a record number!

Pitching Sessions

A selection of the attending startups pitched in four parallell sessions: ICT, Internet/Media, Cleantech and Life Science. Here are the ‘winners’ for the night, in each category:

Life Science

Despite its name, Single Technologies is not a high tech daiting service. Rather it’s a life science startup that develops the worlds fastest screening system for 3D-imaging of single cells. The solution has the potential to cut costs and time in the development process of new medicines.

ICT

Innotel is a new telecom service provider that enables businesses to reduce their telephone communications costs.

Internet/media

Volumental is a cloud based 3D scanning service we wrote about last summer, and arguably one of the coolest startups in town.

RelationDesk.com is a smart tool that helps companies manage their social media and customer relationships. Read our interview with CEO Fritjof Andersson here.

Cleantech

Disruptive Materials has invented and patented the ground breaking material Upsalite®. The material has exotic properties with many possible applications. The future lives here.

Video (Swedish)

Check out the video from yesterday for more comments from the event.

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