Investments
90Portfolio Exits
7Funds
3About Propel Capital
Propel Capital is an investment company established in 2014 by the Swedish business accelerator STING - Stockholm Innovation & Growth. Each company that is accepted to STING's accelerator program STING Accelerate automatically receives an investment of SEK 300,000 from Propel Capital. The venture capital comes from 18 reputable Swedish business angels who have come together to invest in internet/media startups.
Want to inform investors similar to Propel Capital about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Propel Capital News
Nov 1, 2022
Here are today's news from Sweden's startup and tech sector, sent as daily email newsletter exclusively to subscribers of Swedish Tech News.
Propel Capital Investments
90 Investments
Propel Capital has made 90 investments. Their latest investment was in Momentus as part of their Seed VC on January 1, 2022.
Propel Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/24/2022 | Seed VC | Momentus | $0.39M | Yes | 1 | |
9/14/2021 | Seed VC | Johannas Stadsodlingar | $0.57M | Yes | Lars-Göran Ahlberger, Propel Capital, and Undisclosed Angel Investors | 1 |
6/15/2021 | Series A | Gigital | $0.6M | No | Almi Invest, Boel Rydena, Erik Segerborg, Jonas Siljemark, Per Victor, Petter Nylander, Propel Capital, and Undisclosed Investors | 1 |
2/24/2021 | Seed VC | |||||
12/17/2020 | Seed VC |
Date | 1/24/2022 | 9/14/2021 | 6/15/2021 | 2/24/2021 | 12/17/2020 |
|---|---|---|---|---|---|
Round | Seed VC | Seed VC | Series A | Seed VC | Seed VC |
Company | Momentus | Johannas Stadsodlingar | Gigital | ||
Amount | $0.39M | $0.57M | $0.6M | ||
New? | Yes | Yes | No | ||
Co-Investors | Lars-Göran Ahlberger, Propel Capital, and Undisclosed Angel Investors | Almi Invest, Boel Rydena, Erik Segerborg, Jonas Siljemark, Per Victor, Petter Nylander, Propel Capital, and Undisclosed Investors | |||
Sources | 1 | 1 | 1 |
Propel Capital Portfolio Exits
7 Portfolio Exits
Propel Capital has 7 portfolio exits. Their latest portfolio exit was Cling on November 01, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/1/2022 | Corporate Majority | 1 | |||
Propel Capital Fund History
3 Fund Histories
Propel Capital has 3 funds, including Propel Capital VI.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
8/9/2022 | Propel Capital VI | $2.94M | 2 | ||
4/28/2020 | Propel Capital IV | ||||
9/25/2019 | Propel Capital V |
Closing Date | 8/9/2022 | 4/28/2020 | 9/25/2019 |
|---|---|---|---|
Fund | Propel Capital VI | Propel Capital IV | Propel Capital V |
Fund Type | |||
Status | |||
Amount | $2.94M | ||
Sources | 2 |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.