January Portfolio Company News, Sugar Capital Updates
Dear Sugar Capital Community,
2021 was our first full year in operation and it was a great one. We are proud to be invested in 31 of the most innovative, category-defining companies in commerce and are excited to be out in the market raising our second fund.
Since our last update, we have closed two additional follow-on rounds and are expecting more to close in the next few weeks.
See below for many exciting updates and visit sugarcap.com to see our full portfolio.
Portfolio News
Brightland How Three Gift-Focused Companies Solved the Holiday Challenges - Inc.
Cake / EcoCart Congratulations to Cake founder Hunter Morris and EcoCart founders Dane Baker and Peter Twomey for being named to the Forbes 30 under 30 List! - Forbes
Cogsy E-commerce veteran Adii Pienaar goes for the hattrick with new venture, Cogsy, reels in $5 million in Accel-led seed round - Tech.eu
Govalo Amid fear of supply shortages, gift cards boom - Morning Brew
EcoCart / Tydo EcoCart and Tydo partner to create a Carbon Footprint Report card for brands - Tydo
Fast Fast Names First CFO: Payments Industry Veteran Robert Mitchell - Yahoo!
House of Wise - How to Build a Company That Values Wellness - AdWeek
Judy - The 5 Coolest Emergency Kits For Travel Adventures At Home And Abroad - Forbes
Kinship - 15 Best Mineral Sunscreens for Everyday Skin Protection - Cosmo
ShoppingGives - ShoppingGives Wins The Drum Award for Social Purpose with its Technology that's Powering the Giving Economy - Yahoo!
Starface - 6 beauty hacks that are big on TikTok and actually work - T3
Industry News
The Metaverse 101 - Check out this whitepaper on the metaverse written by Lerer Hippeau Associate and Founder of Gen Z VCs, Meagan Loyst - via Mirror
Holiday sales jumped 8.5%, Mastercard says, as shoppers shrug off higher prices - CNBC
The Beauty Industry Trends That Defined 2021 - Business of Fashion
Sugar Capital News
Brian Sugar featured in Business Insider report: 17 of the VC firms most active in funding e-commerce startups share the biggest bets they're making in 2022 - Business Insider
Sugar Capital portfolio companies Co-op commerce, EcoCart and Fast as well as Brian Sugar featured in Business Insider report: The 17 retail tech startups that top VCs say you should bet your career on in 2022 - Business Insider
