HomeItalyHui Raises €25M in Equity Investment from Nimbus Capital

Hui Raises €25M in Equity Investment from Nimbus Capital

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Hui

Hui, a Pescara, Italy-based company developing tools for workers, received an equity investment of $25M from Nimbus Capital.

The company intends to use the funds to accelerate its product strategy, enhancing its use of AI, Blockchain, and 3.0 features like Metaverse and Gaming. It will also expand its marketing and sales activities across markets in the US, Latam, Africa, and the Far East.

Founded by Luigi Valerio Rinaldi, HUI provides a data-driven approach that boasts a comprehensive database and data model, with AI functionalities being developed to offer significant value in recommendations and predictions.

The company creates and develops tools to solve the problems of new companies. Its team is always ready and available to listen to the customer’s needs, trying to find the best possible solution.

hui

The company has more than 3000 users spread across the world.

Commenting on th e news, Luigi Valerio Rinaldi said: “HUI is a unique Super App, with an impressive code base of over 1.2M lines of code, more than 20 apps covering all business functions and processes—from sales to HR, fundraising to project management, intelligence to crowdfunding—all in a single environment. It requires no coding skills to operate via API with external services, specifically designed for every stakeholder on the global VC scene.”

FinSMEs

11/07/2024

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