Founded in 2014, Propel Capital is an investment vehicle connected to Sting and has more than 170 companies in the portfolio.
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.
Browse through the FAQs to gain insights and clarity on various topics related to our organization.
If you are a coworking space, educational institution, or other community of future entrepreneurs, we are happy to provide you with resources to share in your network. Contact us at: academy@sting.co
Contact Emanuel Andersson, CEO of Propel Capital, for more information on when and under what conditions it is possible to invest in Propel Capital. Read more about Propel Capital here.
All companies accepted to Sting Accelerate receive an investment of SEK 500 000 through a convertible note from Propel Capital, the investment company linked to Sting. All companies accepted to Sting Incubate have the possibility to receive the same investment of SEK 500 000 from Propel Capital. The opportunity will be available after a few months in the program.
Sting’s programs start twice every year, in February and September. The application deadlines are generally in late May and late November. For Sting Incubate Deeptech we do evaluate applications continuously and in certain cases we may accept companies in between the application periods.
Expect a packed calendar with regular coach meetings, sprints and milestone plans, workshops, investor meetups, social events, pitch coaching and much more. Everything leads up to Demo Day, the final event where you get to go on stage and pitch to over 100 international investors.
Sting runs two startup programs: Sting Accelerate and Sting Incubate. The qualification criteria for each program differs slightly, read more for list of criterias.
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