Tech Investment Platform AngelHub Raises US$3 Millionby Fintech News Hong Kong December 7, 2021
AngelHub, an SFC-regulated tech investment platform and sister-company of WHub, announced that it has secures US$ 3 million from Animoca Brands and its existing investor Kharis Capital.
The new funding will accelerate AngelHub’s deployment in tech companies, grow WHub’s corporate partnership ecosystem and fuel its international expansion.
Hong Kong-based blockchain unicorn Animoca Brands joined forces with AngelHub in order to drive the democratisation of investment in blockchain companies.
Both companies entered into a strategic partnership to bring more blockchain investment opportunities through AngelHub.
The focus will be on companies in the metaverse, DeFI, NFT and digital infrastructure.
As of now, AngelHub has scrutinised over 1,800 applications and successfully closed 11 investments in high-growth tech companies, including WeLab and Animoca Brands.
AngelHub recently announced its first exit from The Sandbox, providing a 19x return to its investors.
Karen Contet, CEO and Co-Founder of AngelHub, commented:
“We have entered a new era of investing! AngelHub is at the forefront of this revolution.
The support of Animoca Brands in AngelHub’s funding round is indicative of the vast potential of our mission: to enable professional investors everywhere to invest in highly vetted tech companies, with a new dedicated stream of blockchain investment opportunities.”
Karena Belin, CEO and Co-Founder of WHub said,
“This investment confirms and strengthens the synergies between AngelHub and WHub to drive wealth creation in the tech scene.
WHub’s corporate-startup co-innovation programs and our flagship conference SIS – Scaleup Impact Summit – will further expand our services in number and reach.”
Featured image: (From left) Karen Contet, CEO and Co-Founder of AngelHub and Karena Belin, CEO and Co-Founder of WHub