Fitz Gate Ventures

Fitz Gate Ventures, established in 2015, is a Princeton-based, early-stage venture capital firm with a strong presence in New York and Texas. The firm focuses on deep tech, hard tech, and climate tech sectors, writing initial checks ranging from $500K to $2M and reserving capital for follow-on rounds. Fitz Gate's unique value proposition lies in its extensive "Friends of Fitz" network, comprising hundreds of venture capitalists, founders, educators, and industry experts, which it leverages to support its portfolio companies. The firm's partners, Jim Cohen and Mark Poag, are active mentors and advisors to various entrepreneurial ecosystems, including Techstars NYC, Princeton University, and Rice University. Fitz Gate has raised multiple funds, with its third fund launched recently, and has attracted investments from prominent VCs and corporates in follow-on rounds.

Jim Cohen

Managing Director

Mark Poag

Co-Founder and General Partner

Past deals in Nepal

Cheers

Seed Round in 2018
Cheers operates as the largest online liquor store in Nepal, offering a wide variety of genuine domestic and international liquors, beverages, cigarettes, and mixers. The company provides free delivery services to customers within a distance of up to 6 kilometers outside Ring Road, operating daily from 10 AM to 10 PM. In addition to its liquor sales, Cheers produces liver supplement products aimed at mitigating the negative effects of alcohol consumption. These supplements are designed to alleviate short-term alcohol withdrawal symptoms and replenish lost vitamins, promoting a healthier and more responsible drinking experience for consumers.
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