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Celebrating portfolio company success as this years Europas

5th July 2018

Sector: Technology

europasxdepop

We are delighted to announce that our portfolio company, Depop, was named “Hottest Mobile Start-Up” at the 2018 Europas (The European Tech Start-Up Awards) held in London on the 3rd July.

Founded in 2011, Depop is a social shopping platform that allows creative entrepreneurs to sell their fashion and lifestyle items.

The Europas celebrates Europe’s most forward-thinking, progressive and innovative tech companies. Entrants are judged on independent votes gleaned from a round of public voting, combined with judges from the most knowledgeable and experienced entrepreneurs, investors and journalists in tech.

Depop was short-listed in the category ‘Hottest Mobile Start-Up” alongside highly regarded companies Happn, Wire, Huggle and Fatmap.

The Judges named Depop as the category winner, describing the company as: “GenZ’s eBay – A hit for ‘merch drops’ so teens can later “Depop” their hot fashion.”

TempoCap portfolio company Onfido was also nominated for the “Fastest Rising Start-Up” at the Awards but left the trophy for one of their partner companies, Revolut.

Ash Puri, an investment partner at TempoCap says:  “We are very proud and honored to be embarking on this journey with Depop and Onfido. We have seen the incredible growth both companies have undertaken since we first invested in 2017 and it is all due to their highly driven & talented teams. We look forward to supporting them in future successes and challenges.”

Source: TechCrunch

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