Sting Capital AB
VC · Stockholm (Sweden)
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About
Sting Capital AB is an Accelerator, Incubation and the venture capital arm of Stockholm Innovation & Growth AB specializing in start-ups, early stage and incubation. The firm has two programs, for which they either take equity stake or a cash payment. For the program Sting Incubate the firm takes 5% equity stake with a program duration of 12 months. They usually allow between 15-20 companies per year. It prefers to invest in the AI/DeepTech, internet/media, health, climate, society, sustainability and games sectors. Firm prefer to invest in Europe, Sweden. The firm provides an initial grant of SEK 0.8 million ($0.08 million) with the possibility of up to $0.61 million per team. For the program Sting Accelerate it takes 2% equity stake with a program duration of 4 months. They mainly allow 8 companies per batch of 2 batches per year. It usually invests in the internet/media sector. Sting Capital AB was founded in March 2005 and is based in Stockholm, Sweden.
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