10th Aug 2015 07:00
LONDON (Alliance News) - Investing company Vela Technologies PLC on Monday said its investee company The Social Superstore has completed a GBP1.75 million funding round, valuing the company at GBP10 million.
Following the fundraising, Vela will own a 1.89% stake in The Social Superstore, having originally invested GBP100,000 in the company in May 2014.
The Social Superstore is developing a peer-to-peer platform to allow users to recommend products to their friends.
By Sam Unsted; [email protected]; @SamUAtAlliance
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