عربي

Huda Beauty Investments participates in UK-based Uptime's $3 million seed extension

Huda Beauty Investments participates in UK-based Uptime's $3 million seed extension
  • Dubai-based Huda Beauty investments (HBI) has participated in UK-based edtech Uptime's $3 million Seed extension round. The startup raised its $16 million initial Seed round back in February 2021.
  • Launched in 2020 by Jamie True, Jack Bekhor, and Patrick Walker, Uptime offers more than 1,500 knowledge hacks distilled from popular books, courses, and documentaries around the world. 
  • HB Investments has also invested in Clubhouse, Fresha and The Luxury Closet, among others.

Source: WAYA

HB Investments, the Dubai-based private investment office of the founders of globally renowned beauty brand, Huda Beauty, has announced its participation in a $3 million extension to the seed funding round raised by Uptime, an edtech app that provides users with five-minute “knowledge hacks” distilled from popular books, courses, and documentaries around the world.

Having announced its $16 million seed round in February this year, this latest investment brings the total amount of funds secured by Uptime to $19 million, with its new backers including Huda Kattan (founder of Huda Beauty and Chairwoman of HB Investments), Chad Hurley (co-founder of YouTube and co-investor in Leeds United Football Club), and others.

Kattan said, “Democratizing access to education is something I care deeply about, and so does the team at Uptime. I’m excited to be joining them on this journey as an investor and board member to create a truly global edtech platform.”

Besides Uptime, HB Investments has made investments in startups like Clubhouse, Fresha, The Luxury Closet and others.

Thank you

Please check your email to confirm your subscription.