BurdaPrinicpal investments portfolio company Carsome has announced that it has made a V-shaped recovery since resuming business amid easing Covid-19 lockdown measures across Malaysia, Indonesia, Thailand and Singapore.
Tech City UK, the network of the UK’s fastest growing, late stage tech companies which originated within the so-called Silicon Roundabout, has announced the latest batch of companies joining its Future Fifty programme. The programme supports 50 of the UK’s fastest growing and most disruptive digital tech companies. Bloom & Wild, the UK’s top rated online flower company and Burda’s latest investment, is among the 26 new companies.
Through the government-backed Future Fifty scheme, late stage tech companies get access to a valuable peer network, expert-led classes and workshops designed to take their businesses to the next level, and a high level of visibility in joining the illustrious Future Fifty portfolio.
“We are happy to see our latest investment becoming a member of UK's Future Fifty. Obviously, the highly experienced judging panel saw the same potential in Bloom & Wild as we did. It’s already the second investment which gets access to the powerful network of Future Fifty after Notonthehighstreet.com participated from 2013 to 2016. Congratulations to Aron Gelbard and his team from Bloom & Wild!”
Christian Teichmann, Managing Director BurdaPrincipal Investments