Founded in 2014, Propel Capital is an invite-only angel club connected to Sting. We've invested in more than 230 companies and have over 130 million SEK under management.
By Angels, for Founders
Stockholm's Investment Firm and Angel Club
As a Propel Capital angel, you get early access to portfolio companies before other investor groups, and a trusted network of fellow investors to syndicate and co-invest with.
Propel Capital is an invite-only angel club. Since 2014, we've brought together 100+ business angels to back Sting-associated startups through shared syndication and collective due diligence.
Now in its seventh syndicate, the model is simple. Around 45 angels per syndicate back a curated portfolio of startups that have already cleared Sting's rigorous selection process; only 6% of applicants make it through.
In 40% of portfolio companies, angels go on to invest directly on top of the syndicate's initial stake. As a Propel Capital angel, you get early access to portfolio companies before other investor groups, and a trusted network of fellow investors to syndicate and co-invest with.
You bring your experience, your network, and your conviction. So does everyone else in the room. That's what makes the difference.
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Propel Capital invests exclusively in Sting companies, leveraging Stockholm's premier accelerator and incubator to back rigorously vetted startups in DeepTech, AI, Climate & Energy, and Health & Life Science.
By combining Sting's world-class coaching with possible strategic investments, Propel Capital give founders a seamless path from early-stage idea to global scale.
Propel invests exclusively in Sting companies. Startups in Sting Core, can potentially be offered a total investment of 600 000 SEK.
• 400 000 SEK is provided up-front.
• 200 000 SEK is guaranteed as follow-on investment.
Sting Core
To receive potential capital from Propel Capital, startups must first apply to and be accepted into a Sting core program, where they receive the expert coaching and validation required for investment.
Emanuel and Jacob lead Propel Capital's work connecting angels with Sting-associated startups. Between them, they bring experience from tech investing, corporate finance, and a decade of angel syndication.
Browse through the FAQs to gain insights and clarity on various topics related to our organization.
There are a few ways to invest with Sting startups, either as a shareholder and/or through our events.
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.
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