SWEDEN - STING Capital backs Peepoople

The company has already tested the product in Kenya, Bangladesh and India. The new funding will enable a large scale pilot project in Kenya and Bangladesh in 2010, and the commercialisation of the product.

Stockholm-based Peepoople was founded in 2006. Its technology is based on research conducted at SLU Sweden University of Agricultural Science and KTH Royal College of Technology.

Peepoople has recently recruited Karin Ruiz as CEO. Ruis has experience from senior management positions with health care group Capio, Invest in Sweden Agency, and Tetra Pak.

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• Topics
• Early-stage
• Nordics