Dear reader, happy fall! We sincerely hope that you are enjoying the breezier weather and have had a great start to fall 2022. We sure have, and we are excited to continue at the lightning speed that we’re going.
September started with a bang, as 22 new startups entered the Sting premises. This year Sting accepted more companies than ever before, and yet the acceptance rate was surprisingly less than 10%. The quality of these innovative ideas was just beyond everyone’s expectations.
Furthermore, among the new startups, a large proportion is female, both founders, and CEOs. 9 out of 10 startups with high-tech innovations have at least one female founder and 6 out of 10 deeptech startups have a female CEO.
It’s truly something we are proud of as it has been a goal for Sting, to improve the gender balance in every aspect possible.
We’re grateful and humbled to be entrusted to work with these incredibly smart individuals and be part of their journey to success.
While you’re sipping on your pumpkin-spiced lattes, let me get you up to speed on what has been happening here at the Sting headquarters:
This year, the quality of the applications has been extremely impressive, so impressive, Sting decided to take on more companies than ever before.
The amount of deeptech companies is much bigger, and among them, a large proportion is female founders and CEOs.
Sting Test Drive Deeptech is for people who are ready to build a company that uses cutting-edge advanced technology to solve big societal problems. Do you know anyone or are you contemplating whether your idea is good enough? Put it to the test, with Test Drive.
Application deadline is October 9.
The SEB Next Awards is a yearly competition that was created to recognise and celebrate companies that drive sustainability in Sweden. Reselo won the price in the category New Ideas for replacing todays non-sustainable rubbers with their renewable Reselo Rubber.
The Healthtech company Encare has raised 26 MSEK from internal and external investors to continue the global expansion of their software platform. The platform is made to enhance implementation of best medical practice to improve patient outcome and health economics.
The third edition of Ignite Sustaintech on November 24 will bring together corporates and public organizations with expert startups within energy, renewables, sustainability and more. The event is arranged by Ignite Sweden in collaboration with KTH Innovation, KTH Holding, Sting and Things as part ofthe Sustainable Energy Action, and funded by Energimyndigheten. Apply before October 30.
Do you have a business idea you want to realize? Submit your idea in
Venture Cup competition IDEA. By participating and competing you are guaranteed feedback from their professional network, the opportunity to create new contact areas and your idea also has the chance to be titled as one of Sweden's 20 best business ideas. The competition is open between August 30th and November 8th.
Reload featured in Nyteknik Reload is featured in the technology and engineering news website Nyteknik. Reload is an application that allows you to rent out your electric car charging point. Read the whole article here.
Mindmores biggest event about brain health is around the cornerWith almost 250 attendees and four phenomenal speakers. Mindmore is adamant about raising awareness of the importance of measuring cognition in research and clinical-everyday life. They are on their way to placing cognitive brain health on the map.
Join the event on October 20.
Katapult invests in Sting Alumni Johannas StadsodlingarKatapult officially launched its 2022 Ocean and Climate Accelerator Program. Johannas Stadsodlingar is in the top 23 impact tech startups to receive investment from Katapult group this fall. These startups represent the top 1% of all 1900 candidates to the accelerator program.
Cling Systems at the 27th International Congress for Battery Recycling Cling’s conference season has been continuing at pace with a panel appearance at the 27th International Congress for Battery Recycling in Salzburg, Austria. Cling is also featured in an episode of the HC Insider podcast, discussing how their platform is connecting the ecosystem of end of life EV batteries.
Positive effects reported from using Care to Translate in Norway After winning the Norwegian procurement deal and introduced their product, several emergency departments have already reported to see positive effects from using Care to Translate. A scientific study is being done to measure effects of Care to Translate in collaboration with the Oslo University Hospital. The company also launched 2 new languages: Lithuanian and Tamil.