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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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Startup Academy

Can I apply to Sting Accelerate or Incubate after completing Startup Academy?

We run two batches of our Accelerator and Incubator per year. We will notify you when admissions open so that you can be among the first to apply to the next batch of our programs.

Startup Academy

How much time do I have to complete the course?

You will have four weeks to complete the course before your account closes. But don't worry, if you need more time it will be possible to prolong your course period.

Startup Academy

How long is the course?

It will take you approx 4-5 hours to complete the course.

Sting Test Drive

What will I get from Sting Test Drive?

Sting Test Drive is a workshop series combined with individual coaching opportunities.

Sting Test Drive

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.

Selection Process

What happens when we get accepted?

Selected companies will receive an offer to join one of our programs. After the paperwork is signed, it’s time for a four-day kick-off at Sting’s office at A house in Stockholm, together with your fellow batch founders. Then your journey begins together.

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