Latest Updates on Portfolio Companies and Industry
April 19, 2021
Egypt-based e-grocery startup Appetito, has raised a $450,000 Seed funding round from a group of Saudi Arabia-based angel investors led by Ahmed Al Alola as well as Afropreneurs Fund, with participation from Jedar Capital.
Launched in March 2020 by Shehab Mokhtar, Appetito operates via a dark store model. Products are sourced from manufacturers and stored in mini fulfilment centres, which enables the company to deliver groceries in under 60 minutes.
March 25, 2021
Chip chose Seccl to power its investment platform, which will launch on April 25
Chip users will have access to a Stocks and Shares ISA and a General Investment Account, and as custodian, Seccl will process the trades and settle investments with its API
December 10, 2020
Envel, the Harvard Founded, MIT Sandbox Backed Fintech today announced that it is now live in iOS App Store and Android Google Play as one of the world's first Autonomous Bank accounts, using AI and behavioral science to automate elements of people's financial management; like budgeting, savings and investments that they don't have the time, skills or discipline to do themselves.
June 24, 2019
Flyr began pivoting to a strictly enterprise model, which culminated in the launch of its FusionRM suite of predictive airfare tools.
Flyr counts four carrier clients among its customer base, including full-service carriers in the U.S., Southeast Asia, the Middle East, and Australia. Previous and existing Flyr backers include Peter Thiel, JetBlue Technology Ventures, AXA Strategic Investors, Plug and Play, Chasm Capital Management, Streamlined Ventures, Western Technology Investment (WTI), and Amadeus.