Portfolio Ventures invests in United Kingdom-based fintech, insurtech and enterprise software companies.
The oversubscribed round was led by Playfair Capital with backing from multiple institutional investors and angel backers.
"James and Hector have been really engaged since I appeared on the podcast and it made sense to invite them into what was a highly competitive round due to their network, experience and willingness to help and support."
Playfair Capital led the pre-seed round to fund the launch of the social commerce solution and team expansion.
"The Chinese ecommerce market is an extremely enticing one for Western brands, but the challenges of doing business there are nontrivial. Many brands never get started in China, whilst others receive piecemeal, misaligned and substandard service from a hotchpotch of uncoordinated service providers. Kuai’s tech first, full stack approach, combined with the incredibly deep and rich market experience of the team accumulated over many years, is a compelling proposition for any brand wanting to build a successful long-term business in China. We’re incredibly excited to be working with the team on this journey."
The seed round was led by AlbionVC with participation from Chalfen Ventures, Portfolio Ventures, Blue Lion Global, and Edenred Capital Partners.
"Our mission is to help companies build a learning culture so their people can unlock their true potential, and we have come a long way in a short period of time. We are building the first global learning superapp that companies of all sizes can use to upskill everyone, improve employee retention and drive innovation."
The seed round was led by AlbionVC with participation from Chalfen Ventures, Edenred Capital Partners, Portfolio Ventures and Blue Lion Global.
"5Mins sits at the crossroads of two massive shifts: employee engagement on one side and 'TikTokisation of everything' on the other. The impressive commercial momentum and next level user engagement the company has been experiencing in a short amount of time is testament that the market is craving for more personalised, engaging learning tools. Saurav has a lot of experience in the space which makes him uniquely well placed to disrupt this large broken market. We are so thrilled to be partnering with him and the whole team to achieve this ambitious vision!"
The seed round was led by Seraphim Space to fund the development of new commodity risk insurance products.
"Welcome to Insurtech Gateway ChAI. Industrial supply chains face increasing price volatility in commodities with the majority unable to access hedging tools. ChAI solves this problem through a smart price protection solution backed by insurance. We are delighted to help you prove out and scale this model. We were really impressed by ChAI’s deep data insights into market and pricing dynamics."
