Sugar Free Capital

We don’t just say we invest Pre-Seed. We’re a $300M fund focused on pre-seed, pre-traction, pre-everything. We don’t focus on what can go wrong. We look for what can go right. Just like you, we’re risk-takers - not risk-mitigators. All-in with you! We play to win. We don’t tell you something’s awesome just to be nice. We have your back and ask the tough questions. Think of us as your SWAT team. We don’t mind if your idea is raw. We’re product people who see your vision. Bring on the sushi-grade. We don’t wait 'til Monday morning. We work fast to make our decisions. We’re founders too - and waiting is the worst.

We are a sector agnostic early-stage investor that wants to partner with founders from the very beginning of their journey and support them throughout their growth. Our team has global experience in building and scaling companies both as founders and in various CxO roles. We invest in ambitious and determined teams that can one day become industry leaders.

By builders for builders The partners at Expa are builders and operators themselves, who can provide founders with practical advice in product design, branding, engineering, operations, and recruiting. Get funding and operational support to grow your startup We fund passionate founders that are building revolutionary, tech-enabled companies. We invest startups at the earliest stages. Expa founders receive access to a global community of founders, startup resources, funding, and personalized support from our network of operators. More than just capital Build with builders Lean on our decades of experience in building billion-dollar startups. We have led companies worth over $100B in enterprise value. Flexible deal terms Receive up to $3M in funding and connections to top VC funds to accelerate your next stage of growth. Navigate roadblocks Get support with all the vital elements of company building. We’ll guide you on hiring, product strategy, branding, user experience, go-to-market, and raising your next round. Access to community Gain access to an international group of investors, designers, CEOs, founders, and operators that can help you navigate the ups and downs of the startup experience. We take ideas from concept to company Expa Studio combines design expertise, operational support, and capital to turn bold ideas into category-defining companies. As a founding partner, we work with visionary founders by providing hands-on guidance with branding and positioning, product design and development, and fundraising for future rounds.

We practice what I would call high conviction, craft venture capital. We’ve built a strategy that optimizes for fewer deeper relationships with founders. We only lead financings, typically with checks between $3-$12M, and every investment is a commitment to serve you and the company, at a board level, for the life of the company

People with transformative ideas and the determination to make it happen. Caffeinated exists to find these rare individuals and catalyze their success. We typically partner with founders at the inception stage and invest throughout the life of the company. We're aggressively open-minded and strive to be your most impactful investor.

As a venture house, our mission is to clear the path for founders who build companies that matter. Our hybrid setup, comprising PSV Foundry, PSV Lab, and two unique venture funds, PSV Tech and PSV Hafnium, sets us free from adhering to a singular method. Rather we rethink existing ways and models to maximise our impact beyond any individual firm or investment. Together, we can punch above our weight.