Congratulations to Preccelerator Program company District2 that has received an equity investment from Sacandaga Capital Corporation, bringing its valuation to $3,000,000 and providing valuable cash and expertise to the promising new start-up.
“District2 will do for fashion what Amazon Web Services has done for infrastructure, lowering fixed costs and making them variable, bringing buyers and suppliers together, and providing a conduit for creative forces to fluorish. We are excited about this investment opportunity.”, said Jonathan Kalbfeld, Director, Sacandaga Capital and an experienced technologist.
District2 is a Los Angeles based business-to-business company that is building a marketplace for suppliers and designers in the fashion space to lower their fixed costs by negotiating directly with each other.
Sacandaga Capital is a Michigan-based technology investment company focused on early seed-stage startups in the technology space, providing cash as well as services and expertise to help them grow.
For more information about the Preccelerator Program, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or (310)746-9803.
