🤩 Starface, 🏘 Livble, 🧸Grüns
Sugar Capital announces a new hydration investment and highlights portfolio milestones, including Starface’s cultural impact, Livble’s credit innovation, and Grüns Kids’ launch.
In the past month, we have made one new investment. This latest investment is a consumer brand in the hydration space started by a well-known second-time founder. We look forward to sharing more details about the company and our investment soon.
In the meantime, check out what’s trending on SugarRush and the latest press highlights from our portfolio.
Introducing SugarRush - your new AI Editor-in-Chief
SugarRush simplifies your inbox by filtering, editing, and summarizing the newsletters you love into a personalized feed of essential insights. Here are the top stories from the last few weeks:
🔍 With Google in its sights, OpenAI unveils SearchGPT techcrunch - OpenAI may have designs to get into the search game — challenging not only upstarts like Perplexity, but Google and Bing, too.
💊 New Venture Taps Into Gen Z's Health Obsession fastcompany - Everlane founder, Michael Preysman, launches a new supplement company, targeting Gen Z's increasing focus on health and wellness, demonstrating the growing importance of health as a status symbol among younger consumers.
👠 High-End Retail Merger: Saks Acquires Neiman Marcus nytimes - In a major retail industry move, the parent company of Saks Fifth Avenue acquires Neiman Marcus for $2.65 billion, potentially reshaping the luxury retail landscape.
💡 J.Crew Collaborates with The Bear instagram - J.Crew launches a fashion collection in collaboration with the series 'The Bear', blending culinary arts with retail.
🏅 Fashion at the Olympics wwd - Discover the latest fashion collaborations and initiatives surrounding the Paris Olympics, focusing on the LVMH involvement and designer partnerships.
🌐 Impact of Weight Loss Drugs on Food Industry fooddive - Investigate how weight loss medications like Ozempic and Wegovy are reshaping consumer food preferences and the broader implications for the snack and restaurant sectors.
▶︎ Check it out here: https://sugarrush.ai
Portfolio Companies in the News
🤩 Starface: The Washington Post, Vogue Business, and the NY Post each discuss how Starface has changed the conversation around acne and turned pimple patches into fashion accessories.
🏘 Livble: How Startups Are Making Better Credit Available For All Americans - Forbes
🧸 Grüns launches Grüns Kids
🍰 Cake Launches Prescription Medication To Help Women Increase Libido and Desire - Business Wire
🍫 Feastables: YouTube star MrBeast dishes out $1 million worth of cars outside Sydney Opera House - Forbes Australia
🫒 How Brightland Strategically Grew Its Whole Foods Presence - Modern Retail
🖥 Nostra AI Appoints Growth Marketing Veteran as VP - Newsfile
🚀 Motion Presents: Make Ads That Convert - Motion
👃 Snif: TikTok Star, Monet McMichael, Opens Up About Her New Fragrance - Glamour
📍Hyper’s Redesigned AR Navigation Experience - Hyper
🍀 Lucky Energy's Growth Strategy Focuses on Virality & Convenience Stores - Modern Retail
⚰️ Chptr & Boston Globe Media Launch Digital and Video Celebrations - PR Newswire
🥇 Jupiter: Indie Brand Spotlight Award Winner - Beauty Connect Series Post