Predict your next investment

Incubator/Accelerator
sting.co

See what CB Insights has to offer

Investments

189

Portfolio Exits

7

Funds

6

Partners & Customers

1

About STING Accelerator

STING, Stockholm Innovation & Growth, Accelerator offers startups a faster path from idea to global company. The accelerator offers 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.

STING Accelerator Headquarter Location

KTH Campus Valhallavägen Drottning Kristinas väg 53

Stockholm, 114 28,

Sweden

+46 72 213 14 22

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest STING Accelerator News

Just Football gets accepted into STING Accelerator.

Feb 15, 2017

Mobile Sports Industry Investments 15 February 2017 Just Football , founded in 2016 in Västerås by Joel Fredmann Klockar, Christopher Brandeborn and David Fant, provides a sports app that makes it easier and more fun to play football. Being accepted into STING also involves receiving an investment of SEK 300k ($33.6k) from Propel Capital . In December 2016 Just Football was named Most Promising Startup of the Year in Sweden Demo Day in competition with 500 companies and had Almi Invest placed an investment of SEK 250 000. Nordic 9

STING Accelerator Investments

189 Investments

STING Accelerator has made 189 investments. Their latest investment was in Enerpoly as part of their Pre-Seed on September 9, 2021.

CBI Logo

STING Accelerator Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/20/2021

Pre-Seed

Enerpoly

$0.48M

No

Undisclosed Angel Investors

1

1/1/2021

Incubator/Accelerator

EdAider

Yes

1

12/31/2020

Seed VC - II

PerceptiLabs

$2M

No

9/7/2020

Incubator/Accelerator

Subscribe to see more

Subscribe to see more

10

9/7/2020

Incubator/Accelerator

Subscribe to see more

Subscribe to see more

10

Date

9/20/2021

1/1/2021

12/31/2020

9/7/2020

9/7/2020

Round

Pre-Seed

Incubator/Accelerator

Seed VC - II

Incubator/Accelerator

Incubator/Accelerator

Company

Enerpoly

EdAider

PerceptiLabs

Subscribe to see more

Subscribe to see more

Amount

$0.48M

$2M

New?

No

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Undisclosed Angel Investors

Sources

1

1

10

10

STING Accelerator Portfolio Exits

7 Portfolio Exits

STING Accelerator has 7 portfolio exits. Their latest portfolio exit was Match2One on September 30, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/30/2021

Acquired

1

12/20/2019

Acquired

Subscribe to see more

Subscribe to see more

10

10/7/2019

Acquired

Subscribe to see more

Subscribe to see more

10

10/4/2019

Acquired

Subscribe to see more

Subscribe to see more

10

6/28/2019

Acquired

Subscribe to see more

Subscribe to see more

10

Date

9/30/2021

12/20/2019

10/7/2019

10/4/2019

6/28/2019

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

STING Accelerator Fund History

6 Fund Histories

STING Accelerator has 6 funds, including Propel Capital V.

Closing Date

Fund

Fund Type

Status

Amount

Sources

9/26/2019

Propel Capital V

Early-Stage Venture Capital

Closed

$2.54M

1

6/15/2017

Propel Capital IV

Subscribe to see more

Subscribe to see more

$99M

10

9/26/2016

Propel Capital III

Subscribe to see more

Subscribe to see more

10

4/13/2015

Propel Capital II

Subscribe to see more

Subscribe to see more

10

5/12/2014

Propel Capital I

Subscribe to see more

Subscribe to see more

10

Closing Date

9/26/2019

6/15/2017

9/26/2016

4/13/2015

5/12/2014

Fund

Propel Capital V

Propel Capital IV

Propel Capital III

Propel Capital II

Propel Capital I

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Closed

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$2.54M

$99M

Sources

1

10

10

10

10

STING Accelerator Partners & Customers

1 Partners and customers

STING Accelerator has 1 strategic partners and customers. STING Accelerator recently partnered with KTH Innovation on March 3, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

3/23/2018

Partner

KTH Innovation

Sweden

InnoEnergy, KTH, STING partner to build open innovation platform for energy projects

InnoEnergy Scandinavia , KTH Innovation and Stockholm Innovation & Growth have partnered to build an open innovation platform for energy-related projects .

1

Date

3/23/2018

Type

Partner

Business Partner

KTH Innovation

Country

Sweden

News Snippet

InnoEnergy, KTH, STING partner to build open innovation platform for energy projects

InnoEnergy Scandinavia , KTH Innovation and Stockholm Innovation & Growth have partnered to build an open innovation platform for energy-related projects .

Sources

1

STING Accelerator Team

3 Team Members

STING Accelerator has 3 team members, including current Chief Executive Officer, Par Hedberg.

Name

Work History

Title

Status

Par Hedberg

Chief Executive Officer

Current

Karin Ruiz

Chief Executive Officer

Current

Martin Gemvik

Investment Partner

Current

Name

Par Hedberg

Karin Ruiz

Martin Gemvik

Work History

Title

Chief Executive Officer

Chief Executive Officer

Investment Partner

Status

Current

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.