- 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.
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.