Sweden · Investor

Propel Capital

Last cheque observed Sep 2026; 52 cheques on record.

Deploying nowAcceleratorWebsite unconfirmed

Pre-seedSeedHealthClimateSociety

Deploying now
100%of best year4cheques in 12 months, 52 on record
Since the last cheque42days00hrs00min00sec
Median round$996KRounds led0 of 52Sole investor5 roundsMostly inSweden, 86%
Pitch Propel Capital

Propel Capital highlights

  1. 01

    4 cheques in the last 12 months

  2. 02

    Mostly Venture and Seed: 75% of its rounds

  3. 03

    Sole investor in 5 rounds, median $1.4M

What they do

Type
Accelerator
Cheque size
Up to $50K as they say
Stages
Pre-seedSeed
Sectors
HealthClimateSociety
Based in
Stockholm, Sweden
Cold pitches
Accepted

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. Tell us the right one.

The record

Every round we can evidence, newest first52 appearances

  1. 2026

    4 rounds

  2. Sept
    Freya IndustriesSeed · SE · ArcticStartup$615KWith 5 others
  3. Jul
    FloatSeries A · SE · Firms' own news pages$5.2MWith 2 others
  4. Jun
    imagiVenture · SE$3.0MWith 5 others
  5. Jun
    Reactional MusicSeed · SE$7.4MWith 4 others
  6. 2025

    1 round

  7. Aug
    Seaqure Labs ABPre-seed · SE$546KWith 2 others
  8. 2024

    1 round

  9. Aug
    ImpactpoolSeries A · SE$3.9MWith 1 other
  10. 2023

    8 rounds

  11. Dec
    EnerpolyGrant · SE$8.4MWith 1 other
  12. Sept
    AirmeeSeries B · SE$5.0MWith 4 others
  13. Jun
    MotherPre-seed · SE$276KWith 1 other
  14. Jun
    Johannas StadsodlingarGrant · SE$758KWith 2 others
  15. May
    UTI-lizerSeed · SE$653KWith 2 others
  16. Mar
    KlimatoSeed · SE$4.5MWith 2 others
  17. Feb
    GoFrendlyVenture · SE$1.2MWith 1 other
  18. Jan
    CanarySeed · JP$1.3MSole investor
  19. 2022

    7 rounds

  20. Oct
    MursionVenture · US$5.0MWith 2 others
  21. Oct
    TillySeed · SE$27KWith 2 others
  22. Sept
    Relox RoboticsVenture · SE$1.0MWith 2 others
  23. Aug
    Imagin MedicalDebt · US$7.3MWith 3 others
  24. Jun
    BelecoVenture · SEUndisclosedWith 2 others
  25. Feb
    Care to TranslateVenture · SE$2.8MWith 1 other
  26. Feb
    xNomadSeed · SE$3.2MWith 4 others
  27. 2021

    8 rounds

  28. Jun
    MindmoreSeed$1.3MWith 3 others
  29. May
    RidesumSeed$991KWith 1 other
  30. May
    PlianceSeed$517KWith 2 others
  31. Apr
    AllihoopSeed$750KWith 2 others
  32. Apr
    yaylohVenture$295KWith 2 others
  33. Apr
    RidelyVentureUndisclosedWith 3 others
  34. Apr
    TillyPre-seed · SE$292KWith 2 others
  35. Jan
    Heap CarsharingPre-seed$239KWith 1 other
  36. 2020

    5 rounds

  37. Oct
    PanpricesPre-seed$639KWith 1 other
  38. May
    AppJobs.comSeed$5.5MWith 1 other
  39. Jan
    MediCheckSeries A$946KWith 1 other
  40. Jan
    MedpeopleVenture$1.0MWith 1 other
  41. Jan
    Match2OneVenture$1.5MWith 1 other
  42. 2019

    9 rounds

  43. Nov
    WoshappVenture$3.1MWith 2 others
  44. Oct
    TypelaneSeed$824KWith 1 other
  45. Oct
    SellpyVenture$10MWith 1 other
  46. Sept
    MinnemeraSeed$776KWith 3 others
  47. Sept
    PrionPre-seed$412KWith 1 other
  48. Jul
    WehypeSeed$1.3MWith 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 1 person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What they claim to have backed

From their own portfolio page (on their website)

0 of 2 we have independently watched raise

Apply to StingApply to Sting

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Propel Capital. A count of rooms they were both in, not a relationship either has claimed.

StingVC firm42rounds togetherAlmi InvestVC firm12rounds togetherAntlerVC firm5rounds togetherChalmers Ventures ABVC firm2rounds togetherEIC AcceleratorGovernment2rounds togetherEISMEAInvestment firm2rounds togetherGoogleAccelerator2rounds togetherGoogle for StartupsAccelerator2rounds together

Recently backed

The latest companies Propel Capital put money into.

Freya Industries$615K · Sept 2026Float$5.2M · Jul 2026imagi$3.0M · Jun 2026Reactional Music$7.4M · Jun 2026Impactpool$3.9M · Aug 2024Enerpoly$8.4M · Dec 2023

Quick answers about Propel Capital

What does Propel Capital invest in?

Propel Capital invests most often at Venture and Seed (75% of the rounds on record), in sectors such as Health, Climate and Society.

How active is Propel Capital?

52 investments on record, 4 of them in the last 12 months. The most recent was in Sept 2026.

What has Propel Capital invested in recently?

Its most recent investments on record: Freya Industries (Seed, Sept 2026), Float (Series A, Jul 2026) and imagi (Venture, Jun 2026).

How big are Propel Capital's cheques?

The median round it joins is $996K.

Does Propel Capital lead rounds?

Rarely, if at all: none of its 52 investments on record names it as the lead.

Where does Propel Capital invest?

Most of the companies it backs are in Sweden (86%) and the United States (9%).

Is Propel Capital investing now?

Yes: it is actively investing, with 4 investments in the last 12 months.

Who does Propel Capital invest alongside?

Most often Sting (42 rounds together), Almi Invest (12 rounds together) and Antler (5 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it