Deeptech company Gleechi, which helps companies to educate their employees with the help of Virtual Reality, has raised 24 MSEK from EU's investment fund, EIC Fund. Gleechi has been testing and verifying its technology for several years with larger companies such as ABB and Siemens, and is now ready to start its commercialization phase. A part of the investment by EIC will also be used to expand Gleechi's tech team. Read more about Gleechi and the investment in Di Digital here.
Sting company highlights
Klimato raises 6.9 MSEK
Klimato, helping restaurants such as Bastard Burgers and Hawaii Poke to calculate and reduce their climate impact,raises 6.9 MSEK from Almi Invest Greentech and private investors. The investment will help speed-up the growth of Klimato's service outside of the Nordics'. In 2020, their customers managed to reduce their climate footprint by an average of 10 %.
Tilly closes a pre-seed round
Femtech company Tilly, creating a one-stop-shop for personalized fertility support, has raised a pre-seed round from Propel Capital and well-known angel investors including Ted Nelson, ex Commercial lead of Truecaller; Åsa Lidén, COO Pitch & Ex-VP of Engineering at Natural Cycles. The investment will be used to accelerate user growth andto expand the tech team.
Satchel backed by Y Combinator (YC W21)
Satchel, making it easy for companies to rent out unused office space by taking care of ID verification, contracts and access control, is one of two Swedish companies selected to Y Combinator's prestigious program. In total, the batch consisted of 300 startups. Read more about Satchel.
yayloh raises 2.5 MSEK
yayloh, the next-generation post-purchase and return management SaaS platform, continues to grow and adds new customers, and recently closed an investment round of 2.5 MSEK, led my MatHem founder Tomas Kull. The capital will be used to further increase the pace of both product development and expansion, while the company is quickly gaining traction in Sweden, Norway and France.
ihopa, the shared-products- as-a-service startup, launches Grannboxen in collaboration with Husqvarna, a new sharing service packed with gardening tools
The recycling platform for used electric mobility batteries Cling Systems, starts a collaboration with German-based Voltfang and sells its first batteries
Region Stockholm's Health Impact Bond that was used to invest in Health Integrator, was selected asSocial Project Bond of the Yearby Environmental Finance Bond awards
Aloha by Elk, a new real-time remote music collaboration service, is used by theSan Francisco Opera in preparation for their first Live Performances in over a year
Cyber security company Defentry starts a collaboration with TechBuddy and mySafety
Fintech company Float Lending launches a platform for SaaS companies to convert MRR/QRR into ARR
Gimme Shelter, making architecture accessible to the masses, was featured in the latest issue of"Leva och Bo", the largest weekly magazine for interior and home in Sweden
Healthtech company Bioservo Technologies adds Niklas Lagström as new Global Brand Manager
Pliance, the anti-money laundering automation platform is growing and looking for aSales Manager,Product Designer andFull Stack Developer to join the team
imagiLabs, the company making coding more accessible to young girls,is growing and looking for a UX/UI Designer
Upcoming events and application rounds
Sting Health Action webinar: Creating a new category - Insights from building and investing in FemTech startups, April 28
Sting Open Coaching: Book your free session with Sting's Business Coaches in April & May
