Passion Capital invests in Sugar  

Lending platform Sugar has raised £1.5mn Pre-Seed funding.  

In Brief:  

• The funding was led by passion Capital, which has also backed Monzo.  

• It also included Velo Partners and strategic angel investors.  

• Sugar provides debt finance specifically for the video games industry through automation.  

What does this mean?  

Video games have been a growing market this year and Passion Capital says they need “flexible, quick and efficient financing”.  

Read more here.