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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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Support & Network

Will I get introduced to investors?

Definitely. Sting has close ties to Sweden’s leading angel investors and VCs. We host Demo Days, curated pitch events, and direct introductions to help you raise your next round.

For Startups in Our Programs

What do I get as a participant in Sting Core?

Programs & Applications

What do you look for in a startup applying to Sting?

Programs & Applications

Who can apply to Sting Core?

Programs & Applications

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.

For Startups in Our Programs

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.

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