SKU, Austin Consumer Goods Accelerator, Kicks Off Sixth Class
[Updated 3/21/18 11:05 am. See below.] Austin—SKU, a retail and consumer packaged goods-focused accelerator, launched its latest class of startups on Tuesday.
SKU was founded as Incubation Station in 2012 by Austin entrepreneur Shari Wynne. SKU invests $10,000 in each company and takes an equity stake of 5 percent. [Updated with new figures on the investment in startups and equity stake taken by SKU.] The program’s mentors include: Clayton Christopher, founder of Deep Eddy Vodka; Robyn Metcalfe, director of Food+City; and Scott Jensen, co-founder and CEO of Rhythm Superfoods.
Here is the list of SKU’s latest startups:
—Hazienda Mezcal is making a line of “super premium” mezcals from southern Mexico.
—Meridian Hive makes mead (also known as honey wine) available bottled, canned, and on draft.
—Pure Spoon makes a nutrient packed, cold-compressed baby food.
—Guiltless Goodies features low-carb, keto- and paleo-friendly cookies and donuts that are free of gluten, grain, dairy, soy, yeast, and preservatives..
—Sway Water is marketing a line of still and sparkling waters made with fruit.
—Mosie Baby features its Mosie Insemination Syringe, which it says is made by women for women to use at home.