STHLMTech Anniversary

I don’t go┬áto startup events usually. I think this is not for developers and maximum value is in mingle, but not every event attract enough people who can invest and looking for a company to invest. This time I decided to come because it was the anniversary (if you can say so about 4th birthday) of STHLMTech and I expected something interesting.

I got positive overall experience and do not regret that I came. I believe STHLMTech used regular format of the event: guests presentation, special guest, several startups with pitches and guests feedback; but I saw it only during online translations and in Silicon Valley series (will be back to this later).

Most valuable thing from the first part was fresh report about investments in Nordic countries. In 2016 Stockholm’s startups got $1.4B investments. The total investments to Nordic startups was $2.7B. This is great and it’s even better in comparison with previous years ($1.81B in 2015, $846.4M in 2014). Infographics available at InvestStockholm.com.

Three startups were presented

Base2. This is about “last meter” services and kind of database which connects services like Uber food, Mat.se with households. Problem with this startup that I cannot find a link to their webiste and I hadn’t got an idea from the pitch. It was looooong pitch and I missed the idea completely.

Dashl. “Book a stylist” startup. Topic is very┬ápopular in Sweden and this company┬áwell funded and have strong plan for 2017.

Bom’ler. An attempt to change the textile industry. One of the things is to bring full transparency to the supply chain. This allows to reduce costs and make absolutely clear to consumers what are they buying and how it was produced.

Two of three startups used mobile app to reach end users.

In formal battle guests and investors voted for Dashl, here is no surprises – clear monetization model, working service, growing number of clients, good team (actually, only they said about investments to the Dashl and about the team).

In conclusion

I liked to be there, but in the future I will make a decision to go or not based on amount of startups and clear list of them presented before the event. I found that it is interesting to look how people present their ideas and to feel how new or related ideas popup in yourown brain. Personally, I enjoyed the event and got motivational punch for a work.

Couple times I felt myself like in Silicon Valley series. Strange people just approached our group and tried to shake hands. Some tried to show that they know my company, but the reason was only to take one of our company spots. It was weird and in the beginning really uncomfortable, however funny in the end.

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