About Sweet Capital
Sweet Capital is a venture capital firm founded in 2015. It is primarily based out of London, United Kingdom. As of Mar 2023, Sweet Capital has invested in 52 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Consumer to HealthTech and High Tech. Most recently it participated in the $***** Series A round of Alex Therapeutics Overall, Sweet Capital portfolio has seen 1 IPO and 5 acquisitions including key companies like Pachama, DogBuddy and Drupe. A lot of funds co-invest with Sweet Capital, with names like BoxGroup sharing a substantial percentage of its portfolio. Sweet Capital has team of 7 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Sweet Capital's List of Top Investments
Sweet Capital has a portfolio of 52 companies. Their most notable investments are in Highrise and Jüsto.Their portfolio spans across United States, United Kingdom, Sweden and 5 more locations. They have invested in Consumer, HealthTech, High Tech and 21 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Sweet Capital:1. Jodel
App-based social platform connecting students. The platform provides users with information and updates about activities and events taking place at the university. It also enables users to engage in discussions with other users anonymously, follow topics, and more.
Key facts about Jodel
2. Wellthy
Online platform to guide families and patients with long term health conditions. It provides care concierge for caregivers with a digital dashboard and real-time advice from care experts, health plans to enhance care management and improve the member experience.
Key facts about Wellthy
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series B
- Total Funding till date: $80M
- Employee Count: 322 as on Aug 31, 2026
- Investors: Workday Ventures, India Infoline and 24 Others
- Latest Funding Round: Series B, May 11, 2023, $*****
- Highlight: Editors' Pick
3. Peanut
App-based social platform connecting women. The platform enables users to discover and connect with like-minded mothers. It allows users to join or create groups to engage in conversations on topics such as fertility, pregnancy, and more.
Key facts about Peanut
- Founded Year: 2016
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $21.8M
- Employee Count: 46 as on Jun 30, 2026
- Investors: EQT, Felix Capital and 25 Others
- Latest Funding Round: Series B, Dec 07, 2023, $*****
- Highlight: Editors' Pick
Develops SaaS-enabled virtual gaming solutions for theme parks. The company offers smart gaming solutions with 3D motion tracking sensors and virtual reality touchscreens. It also offers a platform for users to book group gaming events in various gaming centers.
Key facts about Immersive Gamebox
- Founded Year: 2018
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Mar 31, 2023
- Stage: Series C
- Total Funding till date: $90M
- Employee Count: 125 as on Aug 31, 2026
- Investors: JamJar Investments, FJ Labs and 28 Others
- Latest Funding Round: Venture Debt, Nov 17, 2022, $*****
- Highlight: Editors' Pick
5. Pachama
Develops technological solutions for the protection and restoration of the forests. It provides remote sensing and AI-based solutions to capture carbon and protect forests. It helps companies in the reduction of carbon emissions, and earn carbon credits.
Key facts about Pachama
- Founded Year: 2018
- Location: Sausalito (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $88.2M
- Employee Count: 34 as on Jul 31, 2026
- Investors: Toba Capital, Serena Ventures and 51 Others
- Latest Funding Round: Series B, Dec 05, 2023, $*****
- Highlight: Acquired
Sweet Capital's Year-on-Year Investment Trends
Sweet Capital has invested in 52 companies over the last 11 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Alex Therapeutics and most recent follow-on round was in The Expert.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 2 | 2 | 4 |
2021 | 3 | 1 | 4 |
2020 | 1 | 1 | 2 |
2019 | 4 | 1 | 5 |
2018 | 3 | 1 | 4 |
2017 | 10 | 0 | 10 |
Sweet Capital's Investments by Stage
Sweet Capital has made 17 investments in Seed stage with an average round size of $2.46M, 12 investments in Series A stage with an average round size of $4.49M, 4 investments in PE stage, 2 investments in Series B stage with an average round size of $33.6M and 1 investment in Unattributed stage with an average round size of $3M.Stage of entry | No. of Investments |
|---|---|
Seed | 17 |
Series A | 12 |
PE | 4 |
Series B | 2 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Sweet Capital's Investments by Sector
Sweet Capital has a diverse portfolio, with companies operating in the Consumer, Media & Entertainment, HealthTech, Retail and Enterprise Applications. Notably, it has invested in 43 Tech companies, 41 Consumer (B2C) companies, 26 Software companies and at least 11 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 22 |
Media & Entertainment | 10 |
HealthTech | 6 |
Retail | 6 |
Enterprise Applications | 4 |
Others | 28 |
Note: We have considered here, only first round of investments
Sweet Capital's Investments by Geography
Sweet Capital has made most investments in United States (22), followed by United Kingdom where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 22 |
United Kingdom | 5 |
Sweden | 4 |
Israel | 3 |
Denmark | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Sweet Capital's recent investments
Sweet Capital has not made any investment in 2026 so far.Here are the most recent investments by Sweet Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 06, 2023 | Sweden | Series A | 4771 | [+3] | |
May 05, 2022 | United States | Series B | 3848 | [+28] | |
Mar 18, 2022 | United States | Unattributed | 7332 | [+10] | |
Feb 24, 2022 | United States | Series B | 3426 | [+5] | |
Jan 12, 2022 | United States | Seed | 2165 | [+10] |
IPOs and Publicly Listed companies in Sweet Capital's Portfolio
1 of Sweet Capital's portfolio company became public - Drupe.Here are Sweet Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | Jul 07, 2016 | Series A | 6506 |
Acquired companies in Sweet Capital's Portfolio
5 companies from Sweet Capital's portfolio have been acquired. The most recent acquisition was Pachama in Nov 2025 by Carbon Direct for $*****.Here are Sweet Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 10, 2025 | May 05, 2022 | Series B | 4203 | |
Feb 19, 2020 | 2019 | Seed | 6700 | |
Jun 11, 2019 | Feb 19, 2016 | Series A | 2298 | |
Mar 01, 2019 | 2016 | Seed | 9214 | |
Oct 30, 2018 | Sep 21, 2017 | Series A | 4282 |
Team profile of Sweet Capital
Sweet Capital has a team of 7 members including 7 Partners located in Sweden and United Kingdom. Sweet Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Sweet Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sweden | - | ||
Partner | London | - | ||
Partner | United Kingdom | - | ||
Partner | Sweden | - | ||
Partner | Sweden | - | ||
Partner | Stockholm | - | ||
Partner | London | - | - |
Co-investors of Sweet Capital
Over the past 11 years, 202 investors have co-invested in Sweet Capital's portfolio companies. This includes funds and angels.
- Invested before Sweet Capital: Foundation Capital, 500 Global and 60 others have invested in rounds before Sweet Capital. There are 2 companies where Foundation Capital has invested before Sweet Capital and 2 companies where 500 Global has invested before Sweet Capital.
- Top Co-investors of Sweet Capital: 84 investors entered a company along with Sweet Capital. These include investors like BoxGroup (3 companies).
- Invested after Sweet Capital: A total of 56 investors have invested in Sweet Capital's portfolio after their investments. Top Investors include Kinnevik (2 companies), DN Capital (1 company) and Rethink Impact (1 company).
Recent News related to Sweet Capital
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Nature-based carbon credit platform secures $55M in new funding round, led by Future PositiveGlobeNewswire•Aug 01, 2023•Pachama, Future Positive, Breakthrough Energy, Lowercarbon Capital and 14 others
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Announcing Pachama’s Series BPachama•Aug 01, 2023•Pachama, Future Positive, Breakthrough Energy, Lowercarbon Capital and 9 others
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Wave Sports + Entertainment Closes $27 Million in Series B Funding, Adds Industry Veteran Rich Battista as Executive ChairmanBusiness Wire•Feb 24, 2022•WAVE.tv, TZP Group, Crossbeam, Nimble Partners and 4 others
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Contact, a platform for creatives backed by Maisie Williams, raises $1.9M Seed led by Founders FundTechCrunch+•Aug 12, 2021•ContactHub, Founders Fund, Launch Ventures, Sweet Capital and 1 other
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Gwyneth Paltrow invests in The Expert, a video marketplace for high-end interior designersTechCrunch+•Apr 19, 2021•The Expert, Forerunner Ventures, Sweet Capital, Promus Ventures and 1 other
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Pocket Worlds closes $7m funding roundGamesIndustry•Feb 02, 2021•Pocket Worlds, BITKRAFT Ventures, GFR Fund, Sweet Capital and 1 other
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Yubo, the leading social space for Gen Z, completes $47.5m Series CAlven•Nov 18, 2020•Yubo, Gaia Capital Partners, Insight Partners, Idinvest Partners and 6 others
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Wave.tv Raises $32M in Series A Funding RoundFinSMEs•Jul 24, 2020•WAVE.tv, Coventure, GPS Investment Partners, Golden Ventures and 1 other
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UK startup Electronic Theatre raises £8.6 million to ‘make screen time social again’Tech.eu•Jan 06, 2020•Electronic Theatre, Project A, Index Ventures, Sweet Capital and 1 other
