Propel Capital

Propel Capital is an investment firm and angel club based in Stockholm, Sweden. Established in 2014, it supports over 200 ventures associated with Sting, managing a pool of over 100 million SEK from more than 100 business angels. Propel Capital focuses on fostering syndication partnerships and shared investor experiences within its ecosystem. The organization invests primarily in sectors such as DeepTech, Climate, and Health, emphasizing backing diverse teams. It exclusively invests in companies associated with Sting, aiming to create long-term partnerships between portfolio companies and angel investors.

Propel Capital provides structured support through its angel syndicate model, offering standardized investment instruments and a curated deal flow from Sting's rigorous selection process. The firm emphasizes capital efficiency and simplicity, allowing individual angels to co-invest directly in later rounds.