Highlights from Sting Demo Day – June 3, 2025
On June 3rd, Stockholm’s A‑House buzzed with excitement as 17 bold startups took the stage at Sting’s Demo Day.
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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Trusted by 400+ thriving startups
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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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When can I expect to hear from you after sending in my late application?
We do our best to get back to you as soon as possible, however it depends on the availability of the coaches. Also keep in mind that late applications are often coming in during holiday periods, which may slow down the response time even more. But please be patient, we will email you as soon as your application has been reviewed.
Will I have a lower chance to get accepted if I apply late?
If you submit an application after the deadline, your application is automatically tagged as “late”. You will still get evaluated based on your merits, but late applications are generally competing for fewer slots, which means it will get harder to get accepted the later you apply. It will also take longer for us to get back to you, as the process is already ongoing.
How is Turbine Capital different from Propel Capital?
Propel Capital offers early-stage funding (600,000 SEK) to startups in all industries through Sting, typically as a convertible note during the program. Turbine Capital is a dedicated DeepTech fund, investing larger amounts (5–10 MSEK) into startups with significant technical complexity and longer R&D timelines. Startups may be eligible for one or both, depending on their focus
Who can receive funding from Turbine Capital?
Turbine Capital primarily invests in DeepTech startups that are science- or research-based and have the potential to solve big, global problems. Companies in the Sting Core program that meet Turbine’s investment criteria may be introduced directly to the fund.
What is Turbine Capital?
Turbine Capital is an early-stage VC fund focused on DeepTech startups, co-founded and built by Sting. It invests in breakthrough technologies with strong scientific foundations and global potential, typically in the range of 5–10 MSEK for the first ticket. Turbine operates independently but works closely with Sting to identify and support promising DeepTech ventures.
Can I apply if I’ve already raised funding?
Yes. Many startups in our programs have raised pre-seed or seed funding. What matters most is whether Sting can help you reach your next major milestone faster.
