London tech startup receives £1.3m investment to develop travel app
A British tech startup has received a £1.3m investment in angel funding to develop its location curating platform.
Bimble, based in London, allows users to create lists of their favourite places and recommend them to others.
The investment comes from various early-stage technology investors, including Dimitris Panagopoulos, who led the funding round for Bimble, and female ‘angels’ who support other female entrepreneurs.
The app has already been selected for Google’s Digital Accelerator programme, meaning it will be supported by Google’s app development team, and the business has formed a partnership with travel company easyJet.
CEO and co-founder, Francesca Howland, said: “We created Bimble after realising there are thousands of place recommendations shared every day, but no simple way to collect these and pass them on.
“As we looked more closely at the opportunity, we simply couldn’t believe that no one was doing this already.
“We have spent a year getting to grips with our members and what motivates them.
“Through the app, you can curate the places that mean something to you, helping you and your favourite people better enjoy the world around you.”
Commenting on the investment, Dimitris Panagopoulos said, “My three investment criteria are a belief in the product for being a true innovation, its potential to be globally scalable and my complete trust in the founder.
“I have every confidence in the vision for Bimble and that Francesca will deliver it.
“Bimble offers us a meaningful, creative and life-enhancing digital community; quite different from the social media platforms of the last 10 years.”
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