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.
Sting is Scandinavia’s leading tech startup incubator and accelerator. We have over two decades of perfected gathered experiences in guiding high-potential tech founders on their journey to becoming global successes.
At the first workshop, all participants and organizers sign a confidentiality agreement. No information on the business concepts, technologies or names of participants may be spread outside the program without the consent of the participant in question.
We will review your application after the application deadline has passed and get back to you within two weeks. Up to 15 projects are accepted to each round.
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.
The loan amount plus accrued interest at the time of conversion is divided by the price per share in the round, discounted by 30%.
For full terms and conditions, please contact emanuel.andersson@sting.co. Read more for an overall summary of the terms:
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