Sweden’s most active private
pre-seed investor

Founded in 2014, Propel Capital is an investment vehicle connected to Sting and has more than 170 companies in the portfolio.

Change header image:

500 000 SEK investement from Propel

Propel only invests in Sting companies. All startups in Sting Accelerate, and a selection of companies in Sting Incubate, are offered an investment of 500 000 SEK.

Invested over SEK 70 million in Sting companies

Propel Capital I, II, III, IV, V, and VI have invested over SEK 70 million in more than 170 Sting companies. The investments are usually made via a standardized convertible debt instrument.

SEK 30 million under management

The current Propel Capital, Propel Capital VI, has SEK 30 million under management from 35 of Sweden’s foremost business angels and Saminvest.

About Propel

Propel is an exclusive network and provides opportunities to make direct investments in portfolio companies before other investor groups. It also is an attractive platform for finding syndication partners and sharing experiences with other investors in Propel Capital.

Propel Capital’s portfolio companies

Propel Capital FAQ's

Have any questions?

Browse through the FAQs to gain insights and clarity on various topics related to our organization.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Sting Test Drive

What will I get from Sting Test Drive?

Sting Test Drive is a hands-on evening workshop series combined with individual coaching. You’ll validate your idea, strengthen your business model, and explore future opportunities with Sting — all while keeping your day job.

Sting Test Drive

Who can apply to Sting Test Drive?

Founder teams with an idea or startup that is scalable and has potential to grow internationally. We like to see teams with two to three people and ideally a mix of gender.

Selection Process

What happens when we get accepted?

Once accepted, you’ll join us at A house for onboarding and set your milestone plan. The program is split into two blocks: “Get the Basics Right” and “Ready for Takeoff.” It covers everything from product and sales to fundraising, team, and marketing. You’ll also get coaching, office space, and startup perks.

Selection Process

What happens after I submit my application?

Once your application is submitted, our team will review it carefully. If your startup fits our criteria, you may be invited to pitch at one of our selection finals. From there, we select the startups we believe are ready for Sting Core — and notify all applicants of the outcome.

What support does Sting Core provide?

What is Sting More?

Latest news