January Portfolio Company News, Sugar Capital Updates
Dear Sugar Capital Community,
Please join us in welcoming two new companies to the Sugar Cap portfolio: Bounty and Locket. Find out more about these two latest additions below.
While we continue to meet great new companies daily and work closely with our founders, we are also making progress on our own fundraising efforts. We expect to do the first close of Sugar Capital Fund II later this quarter.
See below for many exciting updates and visit sugarcap.com to see our full portfolio.
Portfolio News
AirRobe How Airrobe makes it easy for fashion brands to enter the circular economy - Inside Retail
Archive Archive App is Live on the Shopify App Store! - Archive
Cake The pitch deck that helped a sexual-wellness startup raise $5.4 million - Business Insider
Dent Reality Can't find your way around the supermarket? M&S has an app for that - The Telegraph
Feastables MrBeast is going full Willy Wonka with the debut of his new Feastables chocolate bars - Fast Company
Feastables MrBeast Launches Better-For-You Snacking Brand Feastables - Business Insider
Feastables I tried MrBeast's new chocolate bars. They're pretty good! - Mashable
Govalo This entrepreneur created a million-dollar startup helping sellers use Shopify — here's how - Business Insider
House of Wise HOW Sex Serum featured in Kourtney Kardashian's Poosh Valentine's Day Gift Guide - Poosh
House of Wise / Cake The 25 direct-to-consumer startups that will soar in 2022, according to investors from Forerunner, Lerer Hippeau, and others - Business Insider
Judy Survive Anything: The Best Emergency Kits for Every Possible Disaster 2022 Can Throw At Us - Spy
Kinship The Haul: 10 Of The Best New Beauty Launches To Help You Refresh Your Routine This Year - Forbes
Snif - The 10 best places to buy perfume online in 2022 - USA Today
Industry News
Mall-based brands like Gap and Abercrombie are having a ‘renaissance’ on TikTok - Modern Retail
Forbes Blockchain 50 2022 - Forbes
Amazon, Intel and other tech companies acknowledge rejecting remote work could cost them talent - CNBC
Seven Predictions For Retail In The Year Ahead - Forbes
Because Your Algorithm Says So Examining our (sometimes toxic) relationship with our AI overlords. - The Cut
To rival TikTok and Instagram, YouTube plans to double down on more creator tools, including NFTs, live shopping and more video effects - TechCrunch
Gary Vaynerchuk drops crypto, NFT wisdom on CNBC - Twitter
Sugar Capital News
We are thrilled to welcome Bounty and Locket to the Sugar Cap family!
Coming soon to the Shopify app store, Bounty turns customers into video marketing machines. The app enables brands to drive targeted reach through their customer’s followers, by letting them earn unlimited cashback for views generated on social. Starting with TikTok. Sugar Capital invested in Bounty's Pre-Seed round in February 2022 alongside various angels.
Locket is a widget that shows you live pictures from your friends, right on your Home Screen. It’s like a portal to the people you care about — a little glimpse at what they’re up to throughout the day. Sugar Capital invested in Locket's Pre-Seed round in January 2022 alongside Costanoa Ventures and various angels
