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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.

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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.

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About Sting

Why Sting?

Sting offers Sweden’s most tailored startup support — with hands-on coaching, access to investors, and a lifelong founder community. Through our Sting Core and Sting More programs, we help purpose-driven startups grow faster, raise smarter, and build lasting companies. Achieve Success Faster.

About Sting

What is Sting?

Sting is Sweden’s leading startup accelerator/incubator, based in Stockholm. We help early-stage tech (Climate, Health, Digital Society & AI) and impact startups grow faster by offering deep business coaching, funding opportunities through Propel Capital, a collaborative community, and access to Sweden’s most extensive startup network.

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