Investments
79Portfolio Exits
4Funds
2About 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.
Propel Capital Headquarter Location
Drottning Kristinas väg 53
Stockholm,
Sweden
Latest Propel Capital News
Feb 24, 2021
Pre-seed to proceed with its mission According to imagiLabs, various angel investors participated in this round including Eros Resmini, Founder & Managing Partner at The Mini Fund and the former CMO of messaging platform Discord; David Baszucki, CEO of gaming giant Roblox; members of Atomico’s Angel Program; and Propel Capital, the investment arm of Stockholm’s leading tech incubator Sting. Please leave this field empty Want to stay on top of the latest rounds, coolest tech and hottest startups? Subscribe to our free, daily news blast and stay up-to-date! Check your inbox or spam folder to confirm your subscription.
Propel Capital Investments
79 Investments
Propel Capital has made 79 investments. Their latest investment was in Johannas Stadsodlingar as part of their Seed VC on September 9, 2021.
Propel Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/14/2021 | Seed VC | Johannas Stadsodlingar | $0.57M | Yes | Lars-Göran Ahlberger, 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, and Undisclosed Investors | 1 |
2/24/2021 | Seed VC | imagiLabs | $0.3M | No | David Baszucki, Eros Resmini, and Undisclosed Angel Investors | 1 |
12/17/2020 | Seed VC | |||||
2/19/2020 | Incubator/Accelerator |
Date | 9/14/2021 | 6/15/2021 | 2/24/2021 | 12/17/2020 | 2/19/2020 |
|---|---|---|---|---|---|
Round | Seed VC | Series A | Seed VC | Seed VC | Incubator/Accelerator |
Company | Johannas Stadsodlingar | Gigital | imagiLabs | ||
Amount | $0.57M | $0.6M | $0.3M | ||
New? | Yes | No | No | ||
Co-Investors | Lars-Göran Ahlberger, and Undisclosed Angel Investors | Almi Invest, Boel Rydena, Erik Segerborg, Jonas Siljemark, Per Victor, Petter Nylander, and Undisclosed Investors | David Baszucki, Eros Resmini, and Undisclosed Angel Investors | ||
Sources | 1 | 1 | 1 |
Propel Capital Portfolio Exits
4 Portfolio Exits
Propel Capital has 4 portfolio exits. Their latest portfolio exit was Match2One on September 30, 2021.
Propel Capital Fund History
2 Fund Histories
Propel Capital has 2 funds, including Propel Capital IV.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
4/28/2020 | Propel Capital IV | $2.24M | 3 | ||
9/25/2019 | Propel Capital V |
Closing Date | 4/28/2020 | 9/25/2019 |
|---|---|---|
Fund | Propel Capital IV | Propel Capital V |
Fund Type | ||
Status | ||
Amount | $2.24M | |
Sources | 3 |