GENERAL PARTNER LENNART OHLSSON PUBLISH A SECOND BOOK ON STOAF METHODOLOGY

After five years in Stoaf II of testing a methodology originally publicised in his 2006 book ”Best Practice Venture Capital”, Lennart Ohlsson published a comprehensive account of the Stoaf method in 2018 called ”Träffsäkra Investeringar i Startups” (Accuracy in Startup Investing). The methodology aims at accurately selecting startups with home run or higher potentials.

The book is available on Amzon, Adlibris, Bokus and on Stoaf web site https://stoaf.se/education-and-certification/

STOAF III SciTech invests in Aligned Bio

Aligned Bio, a single molecule detection company, announced an oversubscribed A round investment of 23 MSEK led by STOAF III SciTech and Fårö Capital. Previous investors Almi Invest and MIST Ventures continued their participation.

STOAF III SciTech invests in Stroke Alarm company Uman Sense

In an oversubscribed new share issue, the medtech company Uman Sense has raised SEK 6.3 million. Among the new co-owners are STOAF III SciTech, Gobia Enterprises, and Queen Invest. Uman Sense has developed and CE-marked the medical device Stroke Alarm, a medical device which is now being tested in a clinical trial on patients at a high risk for stroke.

STOAF III SciTech invests in Developeration’s innovative surgical device

STOAF III SciTech och Almi Invest each invests 1.9 MSEK in Developeration AB, who has developed an innovative surgical instrument for treatment of hemmorhoids. The emission of 4.4 MSEK will be used for further product development and clinical trials. Hemorrhoids affect about 25 percent of the population over the age of 50 in the Western world. There are currently several different ways to treat hemorrhoids, but they carry a high risk of recurrence or complications, are expensive, take a long time, require access to the operating theater, are painful, or a combination of these.

STOAF II PORTFOLIO COMPANY ILYA PHARMA AWARDED €5.3M FROM EIC ACCELERATOR

STOAF II PORTFOLIO COMPANY ILYA PHARMA AWARDED €5.3M FROM EIC ACCELERATOR TO FAST TRACK PHASE II STUDY OF FIRST-IN-CLASS ILP100 ADVANCE THERAPY FOR WOUND TREATMENT IN PEOPLE WITH DIABETES Ilya Pharma, a clinical stage biopharma company developing novel chemokine gene therapies with its ILP-technology platform, today announced that it has secured a total of Euros 5.3 million in funding from the European Innovation Council (EIC) Accelerator program of blended financing.