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.
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.
When your application is submitted, our coaches will review it and decide whether to move you to the next step. Expect to hear back from us a couple of weeks after the application deadline.
If accepted onto one of our programs, you can receive 500 000 SEK investment from Propel Capital – Sting’s own investment company.
Sting offers two programs: Incubate for researchers/founders with complex technical solutions (up to 18 months), and Accelerate for startups with a launched product/solution and at least two full-time employees looking to accelerate growth (4 months).
We propel you towards your vision for the future by providing a lifelong support ecosystem that delivers more value and opens more doors than any other.
Test Drive is a series of workshops for founders with an idea or a startup that are not quite ready to apply for our official startup programs yet. Test Drive runs 1-2 times a year and is usually sector-specific. For example, the past we’ve ran test drives focused on climate and energy, deeptech, healthtech and blockchain innovations.
.png)