14 companies pitched in front of 100+ investors at Sting Demo Day
Sweden’s investor elite was present at Bryggarsalen last week when 14 of Sweden’s hottest startups presented themselves at Sting Demo Day, the finale of the Sting Accelerate and Sting Incubate startup programs. Sting Demo Day ended with the audience voting for Lisa Lindvall, founder of The Fit which offers mobile 3D body scanner technology, to win the prize for “Best pitch”
New report kills the myth of the super-entrepreneurs
Are entrepreneurs smarter, more driven and more open to taking risks than others? And can you see if a founding team without previous experience has the potential to build a successful company? This is what the incubators Sting and Umeå Biotech Incubator wanted to find out. In the study Project Dali, interviews and tests have been conducted with 18 entrepreneurs who all had a crucial role in building at least one company that after product launch had a revenue of at least SEK 20 million within five years or at least 100 million within ten years.
Healthtech company Bioservo Technologies introduces the next version of Ironhand® - the world’s first soft robotic muscle strengthening system. The all-new Ironhand® version includes important refinements such as increased robustness, comfort and user-friendliness due to novel sensors, a new backpack and improved performance.
Cling, the company that has developed an online tool that helps smaller companies faster go from quote to invoice, raises 3 MSEK. The majority of the money comes from ex-Businesspodden Josef Fallesen’s new investment company CG Partners, which he runs with the German entrepreneur Christian Gaiser.