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Updated: April 23, 2026

Propel Capital
Propel Capital is the investment arm of Sting, the leading eco system for startups in the Nordics.
Total Investments
91
Successful Exits
3
About the Program
Investment Stage
Investment Focus Areas
Angel Investment
Asset Management
Finance
ESG
renewable energy
smartgrids
utilities
sustainability
environmental
circular economy
smartgrid
sustainable
waste
green tech
tech for good
social good
biodiversity
US SDG
recycling
solar
smart grid
renewable
renewables
Sustainable Development Goals
wind
CO2
environment
clean energy
smart grids
impact
social impact
grid
environnement
climate
greentech
environmental impact
cleantech
SDG
water
underserved
photovoltaic
clean tech
social
Description
We back visionary entrepreneurs who are shaping a better tomorrow.
Location
Countries Invested
Headquarters
Brooklyn, NY, New York, US
Key Dates
Duration6 months
Investment Offer
Can Lead Rounds
Yes
Lead Preference
Sometimes
Offer600,000 SEK
Details
400,000 SEK is provided up-front and 200,000 SEK is guaranteed as a follow-on investment, usually made via a standardized convertible debt instrument.
Funding Requirements
We invest in initiatives promoting a just and equitable future, focusing on social impact and sustainability.