About Sugar Venture Capital
Sugar Venture Capital, an accelerator and incubator program founded in 2013, is based in Singapore, Singapore. With a presence in 4 countries, it has supported around 4 startups in sectors like High Tech, Enterprise Applications. As of Oct 2026, Sugar Venture Capital has witnessed 1 portfolio exit. Most notable companies in
its portfolio include VoiceMap, Folr and Invictus International School. The program primarily supports startups based in Singapore, South Africa.
Key Metrics
Sugar Venture Capital's List of All Investments
Sugar Venture Capital has a portfolio of 4 companies. Their most notable investments include VoiceMap and Folr.Their portfolio spans across Singapore, South Africa, United States and 1 more locations. They have invested in High Tech, Enterprise Applications, Consumer and 5 other sectors. Here is the list of all investments by Sugar Venture Capital:1. VoiceMap
Voicemap is an online platform for sharing audio based walking tours. Users can create their own voice tours through the platform and other users can download and use them for walking tours around various cities around the world.
Key facts about VoiceMap
- Founded Year: 2014
- Location: Cape Town (South Africa)
- Stage: Funding Raised
- Employee Count: 33 as on Sep 30, 2026
- Investors: Singapore Angel Network and Sugar Venture Capital
2. Folr
Folr was initially started as a personal safety app for tracking the whereabouts of close relatives, family members and friends. However in 2015, the company diversified into enterprise tracking application. It provides a cloud based solution to track the movement and coordination of employees. Also, the data can be used to audit the employee performance. It was acquired by US based analytics firm Rhodes Edge in August 2015.
Key facts about Folr
- Founded Year: 2015
- Location: United States
- Stage: Acqui-Hired
- Employee Count: 5 as on Dec 31, 2020
- Investors: Bansea, COENT Venture Partners and 3 Others
Network of tuition-free public charter schools. Company offering academics, personalized attention, and structured learning environments. It empowers students to access the community through reliable communication and autonomy.
Key facts about Invictus International School
- Founded Year: 2015
- Location: Singapore (Singapore)
- Stage: Funding Raised
- Employee Count: 207 as on Sep 30, 2026
- Investors: Sugar Venture Capital
4. Dropfoods
Connected vending machine for dispensing snacks. Customers can select the snack of their choice using the touch screen of the dispenser can pay using the tap to pay feature or by scanning the QR code. Users can also use the app for bill payments and for payments at registered merchants. It manages the items stocked, re-filling, and maintenance of the vending machines. Businesses can use the online portal to register to install the vending machine at the location of their choice within the area of service.
Key facts about Dropfoods
- Founded Year: 2016
- Location: Ho Chi Minh City (Vietnam)
- Stage: Funding Raised
- Employee Count: 1 as on Jun 30, 2026
- Investors: Sugar Venture Capital
- Highlight: Editors' Pick
Acquired companies in Sugar Venture Capital's Portfolio
1 company from Sugar Venture Capital's portfolio has been acquired. The most recent acquisition was Folr in Aug 2015 by Rhodes Edge for $*****.Here are Sugar Venture Capital's portfolio companies that got acquired most recently:
Filter this listCompany | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 28, 2015 | - | - | 7311 |
