FAQ

Frequently asked questions about Sciety

About Sciety

You can invest in unlisted growth companies within life science and health tech which have gone through our selection process. Read more about our process for selecting companies.

Everyone who resides within the EU/EEA and is older than 18, as well as companies registered with the EU/EEA are welcome to invest via Sciety.

Investments in early-stage companies provide the possibility of a high yield but also incur high risks. If the company fails, which is not uncommon, the investors most probably lose their invested capital. The company can also grow but without generating a significant yield for its shareholders. A third risk is that the company does not grow as expected and additional capital is required at a lower valuation.

It is important to remember that 1) even successful early-stage companies rarely provide dividends as they need their capital for continued expansion and 2) finding a buyer when you want to sell your shares can be difficult (if the company is not listed).

You can find more information about risks in our risk policy.

No. Sciety selects companies according to specific criteria but never gives advice or recommendations on investment in a given company.

Decisions about which companies to invest in are entirely your own.

Sciety monitors the industry and also receives a large number of inquiries from companies who are looking for financing. We first compile the information required, followed by a commercial assessment of the companies. The companies that pass this stage are then reviewed on a legal basis.

Keep in mind that our assessments should never be seen as investment advice or as recommendations to invest in a certain company. If you choose to invest you are entirely responsible for your own investment decision

Sciety is not a party in the investments made by Sciety Venture Partners; however, Sciety invests own funds in every company we select, on the same terms as the members of Sciety Venture Partners.

Our primary role is to facilitate transactions between the companies and investors in connection to new share issues.

There are no costs for you as an investor. The companies we invest in are charged a fee.

If you are liable for taxation in Sweden and both you and the company you invest in meet the Swedish Tax Agency’s criteria, your share purchase may entitle you to tax relief.

For more information, please refer to the Swedish Tax Agency.

About investing with Sciety

Payment details are sent to you via email after you have registered your investment. You can also find the information if you download your settlement note directly under My Account / My Investments.

You pay via bankgiro to Sciety’s client funds account with SEB where the funds are held until the share issue is completed. We transfer the funds to the company only after we have checked to ensure that you are registered in the company’s share register.

If the share issue conditions are not met, we transfer the funds back to your bank account.

Please be aware of any fake emails you receive in Sciety’s name.

Payments for shares are held in our client funds account at SEB. This means that your money will be protected even in the unlikely event that Sciety goes bankrupt. We only transfer the money to the company you’ve invested in if the terms of the issue are met. Otherwise, we will refund the money to your bank account. Sciety is authorised by Finansinspektionen (the Swedish government authority tasked with monitoring the financial market) to handle client funds.

Yes, you will receive a confirmation via email when we have received your payment. Please note that we receive payment details from the bank in the afternoon on the following weekday.

Verifying your identity is a part of our controls against money laundering and financing of terrorism. Identity verification is an important step in protecting you and your co-investors, as well as the company in which you are investing, from illegal actions.

The minimum amount is determined by the respective companies in consultation with Sciety. The amount is usually between SEK 100 000 and SEK 500 000.

Yes, if you invest as a private person you have the right to change your mind within 14 days after you registered to invest through our website. This is in accordance with the Act on Distance Contracts and Off-Premises Contracts. For more information, please contact our support.

When the share issue is completed, remaining payments are collected and Sciety carries out checks in accordance with The Money Laundering and Terrorist Financing (Prevention) Act. The shareholder agreement is then sent out for signature and the shares are allotted.

You will then receive a confirmation of your share ownership. Usually, the companies send out information updates to you as a shareholder every quarter or every six months.

The legal proof of your share ownership can be found in the respective company’s share register. Normally, the companies maintain the share register digitally, which gives you the opportunity to log in yourself and see your holdings via the service that the companies use. After completion of the issue, you will receive information about which service the company you invested in uses.

Support

Feel free to email us if you have any questions.