Tonight I was with a couple of classmates at the STHML Tech Meet up event. It was at the Hilton Hotel in Slussen and when we arrived there we noticed how crowded it was. The whole auditorium was filled and we had to stand at the site. It started with a short overview of this months biggest investments in Stockholm start-ups and a couple of the start-ups which got the biggest investments came on stage and talked a bit.
After that the subject changed to the refugee problem and how the tech society could help in this problem. Someone of Industrifonden (a VC investment company) came on the stage and hosted this topic together with the two main hosters. There were talkes from a refugee herself and two companies with had an idea for the refugee problem. The first one, was the company which develops the app “Welcome”. This will be an app in which information about Sweden and everything else a refugee needs to know is combined with a tool in which refugees can ask questions to Swedish people and in which Swedish people can post events. This app has the main idea to connect the refugees with the Swedish people and help them to fit in the society. The second company was Refugee tec. This company is going to organise a Hacketon with the refugee problem as its subject.
Then the investors of the Middle East and Asia came on the stage for a discussion. The investors were: Dany Farha (BECO Capital, Dubai), Richard Chen (Ceyuan Ventures, China), Ali H. Karabey (212 Venture, Istanbul) and Numan Numan (212 Venture, Istanbul). It was nice to hear the difference between the start-up world over there and here in Western Europe.
Last, there were two start-up pitches. The first one was from Gymgo. It was a bit strange, because he was cut of after he just spoke three sentences and he was than burned by the investors. It was a bit sad for the guy which was standing in front of whole croud and was ready to pitch his idea. After that he tried to keep on going strong, but the investors keep making fun of him. In my opinion it wasn’t really fair, but maybe this is how it goes in the Venture Capital world. The second pitch was from Zeifie, the security app which Pernilla Rydmark from IIS also told about. This pitch got some good feedback from the investors.
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