Santa Monica, CA - March 10, 2026 - 1752vc pitch competition winner, Shiki Wrap, has secured a U.S. utility patent from the United States Patent and Trademark Office for its reusable gift wrap system — a circular alternative to traditional single-use wrapping paper.
Each Shiki Wrap is reversible and stretch-engineered to maintain clean lines without distortion, allowing gifts to be wrapped securely without tape or disposable bows. The hemless fabric is printed using an eco-conscious process and made from majority recycled materials, designed to endure years of reuse.
Founder and CEO Meagan Downey said the milestone reinforces the company’s long-term strategy. “This patent validates and protects the distinct functionality of our engineered reusable gift wrap system.” she said. “We’re not simply offering a sustainable substitute for wrapping paper — we’re building defensible circular design within the $20 billion gift wrap market.”
Shiki Wrap won the 1752vc Lightning Round VI Pitch Competition in November 2025, a signature live startup event that has become a key visibility platform across the early stage ecosystem. The competition brings together fast growing startups, investors, and operators, giving emerging companies meaningful exposure and direct feedback while highlighting high potential opportunities across the market.
A representative of 1752vc, said, “Shiki Wrap’s mission to bring reusable, sustainable gift wrap into the mainstream won over the room with clarity, creativity and conviction – and now they’ve won significant IP as well. We’re thrilled to have this company in our Ignite DTC program.”
Unlike disposable wrapping paper, Shiki Wrap is designed as a “gift within a gift.” Customers often swap wraps among close family and friends or reuse them across multiple occasions. Beyond gifting, the wraps are commonly repurposed as scarves, tote bags, travel organizers, bottle bags, and storage solutions.
Shiki Wrap products are available online and through select retail and wholesale partners.
About Shiki Wrap
Shiki Wrap designs reusable gift wrap and bags made from majority recycled materials as a sustainable alternative to single-use wrapping paper. Each product is engineered for durability, clean presentation, and long-term reuse, supporting a circular approach to gifting. Shiki Wrap has been featured in Forbes, Business Insider, The New York Times, and Green Living Magazine, and is available online, on Amazon, and through select wholesale partners.
About 1752vc
1752vc (formerly Pegasus Angel Accelerator) is the top investment and growth acceleration firm in Southern California dedicated to identifying and scaling high-potential startups. Combining strategic capital with deep industry expertise, 1752vc helps transform innovative businesses into market leaders. Headquartered in Santa Monica, the firm’s team of seasoned entrepreneurs, operators, and investors brings decades of experience building and scaling successful companies. Learn more at 1752.vc and 1752.ai
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