Propel Capital is the investment arm of Sting, the leading Accelerator for startups in the Nordics, backing only Sting companies. With investments in more than 140 startups, Propel Capital is Sweden’s most active private pre-seed investor. The capital in Propel Capital comes from experienced private investors and the state-owned fund-of-fund Saminvest. The business angels are actively looking for investment opportunities in promising startups and often invest directly in Propel Capital’s portfolio companies.