Pre-Sting Opportunities

Get ready for Sting

With decades of experience scaling startups, we're here to help you unlock your true potential and grow your business faster.

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Not ready to apply for our programs yet? No problem. Turning an idea into a viable business concept can be daunting, so here are some valuable startup resources to add fuel to your fire and get you a few steps closer to joining the Sting community.

Pre-Sting opportunities

Online Course

Sting Startup Academy

Take the very first step on your entrepreneurial journey with Sting Startup Academy: an online, self-paced course designed to take your idea to the next level.

What is Startup Academy?
How long?
For who is it for?
What will I learn?
Free Coaching

Open Coaching

Want to get feedback on your idea, test your pitch or discuss how to solve a challenge? Sign up for a free 20-minute open coaching session.

What is Open Coaching?
For who is it for?
Workshop series

Test Drive

Test your idea throughout an intensive workshop series designed for teams that are just getting started. Each Test Drive usually has a theme, meaning that we bring entrepreneurs and expert coaches in a specific area together, such as ClimateTech, HealthTech or DeepTech.

What is Test Drive?
For who is it for?
When is it?
Pre-Sting FAQs

Have any questions?

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

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Sting Test Drive

How does the selection to Sting Test Drive work?

We will review your application after the application deadline has passed and get back to you within two weeks. Between 12-15 projects are accepted to each round.

Propel Capital

How is the number of shares that Propel Capital receives after conversion calculated?

The loan amount plus accrued interest at the time of conversion is divided by the price per share in the round, discounted by 30%.

Propel Capital

What are the terms of the Propel Capital convertible?

For full terms and conditions, please contact emanuel.andersson@sting.co. Read more for an overall summary of the terms:

Propel Capital

How much ownership does Propel Capital take? 

Propel Capital invests via a convertible note that converts to ownership only when the company has raised at least SEK 1 million or more from external investors. This way, we avoid setting a valuation of the company too early.

Propel Capital

Are there other benefits to having Propel Capital as a financier, in addition to the investment itself?

Yes! The co-owners of Propel Capital are business angels actively looking for investment opportunities in exciting and promising startups. As a portfolio company to Propel Capital, you are exposed to a large number of potential investors.

Startup Programs

Do I pay for Sting’s services?

Sting doesn’t charge upfront fees. Instead, we use a success-fee model in the form of stock warrants. If your company succeeds, Sting may convert those warrants into a small shareholding — helping us reinvest in the next generation of startups.

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Programs

With decades of experience scaling startups, we're here to help you unlock your true potential and grow your business faster.

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Focus Areas

We are looking for big ideas with potential to solve real problems. In return, you’ll get access to a lifelong community that delivers more value and opens more doors than any other.

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Companies

Sting companies, radically changing the world as we speak.

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Investors

Accelerate your investments with Sting

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