Uber invests in Polish start-up
14:47
Uber cofounder and CEO Travis Kalanick has announced that his company has invested in four European startups that made it to the final of the UberPitch contest in Berlin. Among them is HiProMine originating from Poland.
“Being an entrepreneur is never easy — even the best ideas can struggle to get the exposure and support they need to succeed,” said Kalanick, in a Facebook post. “I’m excited to work with these four companies to help them reach their enormous potential.”
Co-founded by three scientists, HiProMine is a Polish startup which is setting out to research the potential uses for insects in medicine, food and areas such as bio-fuel and oils. The other three companies with the financial injection from Uber are France's Brigad, Britain's Memrica and Dutch Otly.
Uber hasn’t revealed how much cash it has put in the companies other than it being a “small” investment.