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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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For Startups in Our Programs

What happens after the program?

You’ll join the Sting Alumni and gain continued access to our network, partner offers, events, and potential follow-on funding.

For Startups in Our Programs

Do I get access to an office or workspace?

Yes, startups accepted into Sting Core are offered desks at A-house, our vibrant co-working office in central Stockholm.

Other

How do I get in touch with Sting?

Visit sting.co/contact or email us at hello@sting.co. You can also connect with individual team members via LinkedIn or the Team page on our website.

For Investors & Partners

How do I become a partner with Sting?

We partner with corporations, public sector actors, service providers, and academic institutions. If you’re interested, contact us via our Contact page or email us directly.

Support & Network

Do you provide access to experts in legal, IP, recruitment, etc.?

Yes. Through Sting’s partner network, you’ll have access to top-tier advisors in areas like legal, IP, PR, recruitment, accounting, and more—often at discounted or pro bono rates.

Programs & Applications

Can I apply as a solo founder?

Yes, but having at least one co-founder is strongly recommended. Building a startup is a team sport, and strong, complementary, diverse teams tend to have a better chance of success.

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