Hui reports having received a EUR 25 million loan from Nimbus Capital, a Panama-based investment fund. The investment will be used to accelerate the growth of Hui, which is, according to the company’s own definition, the VC 3.0 super app, already used by thousands of entrepreneurs, start-ups and investors: “Hui is a unique super app, with a code of more than 1.2 million lines; it consists of more than 20 specialised apps that cover all business functions and processes, from sales to human resources, from fundraising to project management, from intelligence to crowdfunding, all in a single interface. It requires no coding skills to operate via APIs with external services, it is an app specifically designed for all stakeholders operating on the global venture capital scene,’ explains LuigiValerio Rinaldi, founder of Hui and chairman of Enry’s Island. Hui’s data-driven approach is distinctive from other aggregators because Hui does not rely on data crawlers but leans on a comprehensive database and data model, with artificial intelligence features developed to offer significant value in terms of suggestions and predictions.
“The data-driven approach and the upcoming blockchain and AI capabilities expected in Q3 prompted us to invest in Hui,” says Robert J. Baker, managing partner of Nimbus Capital. Nimbus is focused on identifying future unicorns and addressing the advanced needs of the global venture capital landscape. The Hui app aligns perfectly with our vision’.
The EUR 25 million capital commitment is part of Hui’s traction plan, which follows a EUR 300,000 seed round. With a growing number of VC ecosystems adopting Hui and in preparation for listing on a European stock exchange, Hui has the ambition to become the world’s first listed all-in-one VC 3.0 platform. The investment significantly accelerates Hui’s product strategy, enhancing its use of AI, blockchain and 3.0 capabilities such as metaverse and gaming.
Hui will also expand its sales and marketing activities in the US, Latin America, Africa and the Far East. The capital agreement with Nimbus also brings Luigi V. Rinaldi on board as venture partner to enhance Nimbus’ financial and technology leadership: ‘I am excited about the deep harmony and vision shared with Nimbus and its founder, Robert. This partnership will have a significant impact on the global VC scene.” (Photo by Towfiqu barbhuiya on Unsplash)
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