The ‘shining light of UK tech’ that was bought for £9 after £118m investment
TheBusinessDesk.com's Rainmakers platform has an exclusive story this week about Bristol-based Huboo, which was rescued by a pre-pack deal just before Christmas:
"Never in my career in VC have I seen an investment opportunity with the scale prospects of Huboo," said Ada Ventures partner, and Huboo director, Matt Penneycard.
It is December 2023, and the ecommerce fulfilment company had just raised another £29m, in an equity and debt funding round featuring HSBC and Blackrock, alongside follow-on investments from Ada Ventures and... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
