Startup programs
With decades of experience scaling startups, we're here to help you unlock your true potential and grow your business faster.
Programs
Accelerate
Take your startup from MVP to pre-seed readiness in just four months. Application OPEN until November 27th!
Incubate
Sting Incubate is (up to) an 18-month program that will get you from prototype to launch and prepare you for the next steps on your startup journey. Applications OPEN until November 27th.
Here’s why Sting is different
Words from our founders
Where visionary entrepreneurs tackle the most pressing challenges of climate change head-on. Get access to a robust network of experts and coaching. We empower climate-focused startups to drive innovation and create sustainable solutions for a greener future.
Sting brings together Sweden’s most experienced coaches, successful entrepreneurs and dedicated investors within the climate and energy sectors.
- ClimateTech
- Sustainable Energy
- Food and Agriculture
- New Materials
- Circular Solutions and Bioeconomy
With the ever so present health issues we face today, it truly sheds light on the urgent need for innovative health tech solutions. Sting brings together some of Sweden’s most experienced coaches, successful entrepreneurs and dedicated investors within the HealthTech sector.
We support forward-thinking entrepreneurs to revolutionize the healthcare landscape. With a dedicated focus on cutting-edge technologies and impactful solutions, Sting provides unparalleled support to drive the growth and success of HealthTech startups.
Society is about supporting startups that reshape how we live, lead, and interact. Get access to coaches, experts and a network that supports your growth. We help startups committed to improving our communities and societies.
We support founders dedicated to creating societal and profitable impact through innovation in areas which include:
- Fintech and Regtech
- Proptech and Security
- Blockchain, web3 and AI
- Edtech & Creator Economy
With a steadfast commitment to DeepTech, Sting acknowledges its transformative potential that often demands a longer path to success. As a trusted long-term partner, we offer DeepTech startups unwavering support, fully recognizing the time-intensive nature of their breakthrough innovations.
Through our dedicated resources, extensive network, and patient approach, we empower these visionary ventures to navigate complexities, overcome hurdles, and ultimately realize their profound, industry-shaping impact.
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.
Can't find what you're looking for?
Get Sting Ready
Not ready to apply for our programs yet? No problem. Turning an idea into a viable business concept can be daunting, so here are some valuable startup resources to add fuel to your fire and get you a few steps closer to joining the Sting community.
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.
Investors
Accelerate your investments with Sting