Investments
37Portfolio Exits
4About Sweet Capital
Sweet Capital is an angel investment fund created and funded by the founders of King Digital Entertainment (NYSE: KING). The purpose of the fund is to provide seed- and growth-stage capital to promising entrepreneurs.

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Latest Sweet Capital News
May 5, 2022
Pachama , a San Francisco, CA-based nature-based carbon credit platform provider, raised $55M in a Series B funding. The round, which brings total investment secured to $79M, was led by Future Positive, with participation from Breakthrough Energy Ventures, LowerCarbon Capital, Ellen Degeneres, Portia De Rossi, Plus Capital, ReGen Ventures, 20VC, Alexis Ohanian, Azeem Azhar, Miguel Nogales, Seth Goldman, Matias Muchnick, Alex Will, Claire Hughes Johnson, Khaled Naim, Toby Lutke, Zinal Growth, Seaya Andromeda, Wollemi Capital, Amazon Climate Pledge Fund, Social+Capital, MCJ Collective, AirAngels, Sweet Capital, Saltwater Capital, Serena Williams, Manu Ginobili, OATV, Ram Shriram, Joe Gebbia, Marcos Galperin, Fabrice Grinda, Sahil Lavignia and Aglae Ventures. Future Positive’s founding partner, Fred Blackford, joined Pachama’s Board of Directors. The company intends to use the funds to: continue building a scientifically rigorous, technology-based approach to forest carbon credit verification to bring quality, integrity and scale to carbon markets, acquire talent, accelerate research and development, and scale the technology needed to transform carbon markets. Led by Diego Saez Gil, CEO and co-founder, Pachama Pachama is a technology company that leverages the latest advancements in satellite imagery, remote sensing and machine learning to measure the carbon stored in forests with precision and monitors forest growth over time. Through the platform, responsible companies can confidently invest in high-quality forest conservation projects verified by the company’s evaluation process. In 3 years, Pachama has worked with 46 of the most forest project developers in 14 countries, reviewed over 150 forest projects globally and counts more than 800 sustainably-minded organizations as customers, including Salesforce, Microsoft, Nespresso, Airbnb, Netflix, Softbank, Vuori, and Flexport. FinSMEs 05/05/2022
Sweet Capital Investments
37 Investments
Sweet Capital has made 37 investments. Their latest investment was in Pachama as part of their Series B on May 5, 2022.

Sweet Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/5/2022 | Series B | Pachama | $55M | Yes | Aglae Ventures, AirAngels, Alex Will, Alexis Ohanian, Amazon, Azeem Azhar, Breakthrough Energy Ventures, Claire Hughes Johnson, Ellen DeGeneres, Emanuel Ginobili, Fabrice Grinda, Future Positive Capital, Joe Gebbia, Khaled Naim, Lowercarbon Capital, Marcos Galperin, Matias Muchnick, MCJ Collective, Miguel Nogales, O'Reilly AlphaTech Ventures, Plus Capital, Portia de Rossi, Ram Shriram, ReGen Ventures, Sahil Lavignia, Saltwater Capital, Seaya Ventures, Serena Williams, Seth Goldman, Social Capital, Sweet Capital, The Twenty Minute VC, Tobi Lutke, Wollemi Capital, and Zinal Growth | 3 |
2/24/2022 | Series B | Wave Sports + Entertainment | $27M | No | 3 | |
1/12/2022 | Seed VC | Masters | $2.7M | Yes | 2 | |
8/12/2021 | Seed VC | |||||
6/18/2021 | Seed VC |
Date | 5/5/2022 | 2/24/2022 | 1/12/2022 | 8/12/2021 | 6/18/2021 |
---|---|---|---|---|---|
Round | Series B | Series B | Seed VC | Seed VC | Seed VC |
Company | Pachama | Wave Sports + Entertainment | Masters | ||
Amount | $55M | $27M | $2.7M | ||
New? | Yes | No | Yes | ||
Co-Investors | Aglae Ventures, AirAngels, Alex Will, Alexis Ohanian, Amazon, Azeem Azhar, Breakthrough Energy Ventures, Claire Hughes Johnson, Ellen DeGeneres, Emanuel Ginobili, Fabrice Grinda, Future Positive Capital, Joe Gebbia, Khaled Naim, Lowercarbon Capital, Marcos Galperin, Matias Muchnick, MCJ Collective, Miguel Nogales, O'Reilly AlphaTech Ventures, Plus Capital, Portia de Rossi, Ram Shriram, ReGen Ventures, Sahil Lavignia, Saltwater Capital, Seaya Ventures, Serena Williams, Seth Goldman, Social Capital, Sweet Capital, The Twenty Minute VC, Tobi Lutke, Wollemi Capital, and Zinal Growth | ||||
Sources | 3 | 3 | 2 |
Sweet Capital Portfolio Exits
4 Portfolio Exits
Sweet Capital has 4 portfolio exits. Their latest portfolio exit was Electronic Theatre on January 01, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/1/2022 | Acquired | ||||
Date | 1/1/2022 | |||
---|---|---|---|---|
Exit | Acquired | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources |
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