Business
Posted: 3 years ago

Phubber Raised $300,000 from WhatsApp Co-founder

The co-founder of WhatsApp will invest $ 300,000 in a Georgian startup. Phubber is receiving funding from Angel Investor for the second time.

According to the startup, the increase in investor involvement in startup development was due to the achievements that Phubber had in 2020.

Startup founder Giorgi Chugoshvili explains to "Business Partner" that Phubber has successfully closed 2020 and despite the pandemic, the company has grown 4 times. Now the startup is planning technological development with the attracted investment. In about a month, Phubber will move into a new phase of project globalization. "Phubber Ukraine" will be put into operation from April.

To remind you, Phubber was launched in 2019 and today is the largest online clothing and footwear store in Georgia.