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Discover Sting’s Dynamic Workspace at A House Ark, Stockholm
Designed to foster innovation and growth, our workspace provides an exceptional environment for startups and entrepreneurs to thrive. Located in the vibrant city center, A House Ark offers the perfect blend of modern design, state-of-the-art amenities, and a dynamic community. Here, you’ll find a diverse range of talented individuals and companies from various industries, creating an atmosphere that encourages networking, knowledge sharing, and meaningful connections.
Have any questions?
Browse through the FAQs to gain insights and clarity on various topics related to our organization.
We have a “success fee” model in the form of stock warrants to Sting. As a non-profit, we’re an independent, founder-centric organization who always wants what’s best for your startup. If you succeed, these stock warrants eventually convert into a small number of shares.
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.
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.
For full terms and conditions, please contact emanuel.andersson@sting.co. Read more for an overall summary of the terms:
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 guarantees a follow-on investment of 200,000 SEK as part of its initial investment offer. However, Propel Capital does not make any additional follow-on investments beyond this. Instead, Propel Capital’s CEO, Emanuel Andersson, actively supports portfolio companies in their financing rounds by facilitating introductions to potential investors.
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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.
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.
Companies
Sting companies, radically changing the world as we speak.