Vesper, one of the ventures in our portfolio, adds sugar as a new commodity class on the platform. Vesper is an independent commodity intelligence platform for buyers, sellers, and traders. They use AI to deliver accurate price forecasts and benchmarks via the Vesper Price Index. 

The sugar market is highly fragmented and opaque, making it difficult to set an accurate price benchmark per region. Vesper’s intuitive platform will allow businesses to buy, sell, and trade sugar against the best possible price. The platform also provides an in-depth market analysis of the sugar market across the EU, Brazil, Thailand, and India. 

We’re thrilled to see Vesper’s expansion and will keep supporting them in their mission to deliver the best possible commodity intelligence platform.

Read more about our investment in Vesper in our Medium article.